Bet On Spread Of The Game
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Bet On Spread Of The Game
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Written by Alex Murphy on February 25, 2015
One of the most confusing and challenging tasks you will face as a novice bettor is learning the numerous types of betting odds. Sadly, if you want to have an enjoyable and profitable betting experience, you have no choice than to learn how to bet on sports , which means learning how different odds work. However, you do not need to master everything at once. It is probably wise to stick to a few basic odds at first, and then work your way to the rest when you get the hang of it. That said, below are three main betting odds all beginners must understand before venturing into betting:
When it comes to betting on sporting events, the point spread or simply “the spread” is among the most common bet . This is mainly because it is designed to put the two playing teams on an even playing field using a handicap installed by the odd makers. Playing the spread enables bettors to bet on the difference in score between two teams. For example, if the spread is 5, and you choose the favorite to win, that team must win by 5 to push (a bettor’s way of saying it’s a tie, in which case you get your money back), or by 6 to win.
In other words, when betting against the spread, you wager on a team that will cover the betting line but not necessarily win that game. Clearly, by picking the favorite, you believe that team will not just win the game but also win by the number of points required to cover the betting line. However, when betting on the underdog, that team does not have to win to cover the betting line.
A great strategy begins by knowing when to bet against the spread. You will have several opportunities and different ways to put action on the spread of a given matchup. Obviously, it begins with action prior to the game. Spreads before a game will be available right until the game begins. Depending on the type of sport, league and online sports betting site you consulted, point spreads can be up even several days before the game kicks off. The wonderful thing about online betting is that you can still bet your spread after the game starts. Live betting is periodically adjusted depending on the flow of the game.
A moneyline bet is simply a wager on which team will come off victorious. It is offered as the primary wagering option for baseball and hockey but serves as an alternative to the point spread in football and basketball. Unlike in the spread, there are no propositions in moneyline – the odds are just based on a team’s chances of winning clear. The underdogs are listed as a positive underdog, which means you will gain more if you are betting on them to win. The favorites are listed as negative underdogs, which mean you will not get much for your money if you are betting on them to win.
Moneyline works very differently from other forms of bets because you will have to know how much to bet on each game to win a certain amount. For instance, if you want to win $100 and the odds of the game are -160, you will have to bet $160. To get better odds, you have to bet on teams that are not favored against the spread. You can become quite a profitable bettor if you know how to look for good underdog bets.
You need a great plan to make gains with moneyline bets. One of the greatest strategies professional bettors use when it comes to moneylines is to stay clear of teams with odds that are simply too much to lay. It is best to set up some kind of system to follow when wagering teams on the moneyline. For example, some folks stick only with a particular number and will bet on teams with these odds or better straight up. Moneylines are a great way to take full advantage of odds of an underdog team you like.
In simple terms, over/under betting depends on the total points scored by both teams in a game. The concept of this form of betting is simple. You bet on what you think the total points will be for a given game. In most sports, there is no push or draw possibility for this bet, which means you will win or lose your stake at the conclusion of the game. The betting slip lists a number, normally accompanied by a decimal or fraction, and you get to decide if the game total will be over or under the posted number.
For instance, in soccer, the bookmakers generally set 2.5 goals as the betting line, and participants have to pick over 2.5 goals (Meaning 3 or more goals) or under 2.5 goals (which can mean no score, 1 goal or 2 goals). The lines and terms are slightly different in each sport. In NBA, extra time also counts for this bet, and it is possible to have a push and get your stake back. Nevertheless, some bookies do not count the extra time especially for European basketball games. Hence, make sure you read the rules of a bookmaker carefully rather than jumping to conclusions.
Over/under betting is not necessarily simple as it sounds. You need to make plenty of considerations before you decide to play at all. The over/under sportsbooks publish are based on plenty of investigation. Handicappers break down team defenses, offenses and club matchups. If you compare different over/under bets at several sportsbooks, you will notice that they are very similar. The handicappers try to get as close as they can to the total points, and make it tough for you to pick the winning side of the wager. To get it right, you need to do your homework. Rather than betting over/under on every opportunity that presents itself, make a reasonable determination and select the games that provide you with the clearest choices.
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All bonuses come with a "rollover requirement." A "rollover requirement" is an amount you must bet (graded, settled wagers only) before requesting a payout. You do not need to win or lose that amount. You simply need to put that amount into action.
For example, this bonus has a 10x rollover. When you deposit $100, we will give you a bonus of $50. The rollover is 10x the deposit + bonus. Therefore:
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Basics of Moneyline, Against the Spread (ATS) & Over Under
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Home » Sports Betting Guides » Basic Bet Types Explained: Moneyline, ATS, & Over Under
Basic Bet Types Explained: Moneyline, ATS, & Over Under
We cover all types of single game bets to get you wager on Need to know everything about the moneyline? We've got you covered We also cover against the spread (ATS) betting as well as over under betting
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Stepping into the world of sports betting is very intimidating initially. Like anything in life, it’s best to be prepared beforehand. That’s why it’s important to know the basics of betting, which we will cover in this guide. There are three main types of bets: moneyline, ATS (against the spread), and Totals (Over/Under). We’ll dig deep explaining each and how they are scored.
For all of the betting types we’ll use the below sample.
It doesn’t get any simpler than the moneyline bet. A moneyline bet is a wager placed on a team to win. In any sport other than soccer, someone wins and someone loses. With a moneyline bet we don’t care how they win as long as they are the winner at the end. Since moneyline is picking a winner it doesn’t get any simpler than that.
Using our example, the Steelers are favored to win over the Bills. We know that because our ROI (return on investment) on the Steelers is lower than the Bills. A $100 wager placed on the Steelers nets $80 while the same bet on the Bills nets $130.
There is one piece of strategy with moneyline wagering. The general consensus is that the majority of the time the betting public supports the favorite. That makes sense as the favorites SHOULD win. With NFL games being played on Sundays sportsbooks usually make opening lines available the Tuesday beforehand. If you believe the Steelers will win it is wise to bet the odds of -125 while you can. Once the volume of bets placed on the steelers significantly outweighs the volume on the Bills the Steelers will become -135 to deter bets. This is all part of the line movement process which we discuss in another one of our guides .
For those interested in betting the Bills it is advised to wait. Odds of +130 could become larger later in the week.
For every major sport except soccer (which includes draws), the moneyline will only offer two options: (1) Team A to win and (2) Team B to win. Since there are no ties in the NFL, MLB, NBA, or NHL these days, sportsbooks always settle your moneyline bets. One team has to win the game. However, it can also be challenging to make a decent return when just betting the moneyline.
The biggest challenge with winning a reasonable return on the moneyline is that, often, there is a substantial favorite — particularly in sports like football and basketball — who is expected to (and goes onto) dominate. Take the Golden State Warriors, for instance, who have run roughshod over the NBA the past few years. It’s been common for them to be -2000 favorites (or shorter) on any given night. In such cases, your options are either to stake a lot of money to win very little, or hope for an upset that is far less likely to happen than the odds suggest. Betting the Warriors repeatedly will see your bankroll grow very slowly, in the best-case scenario. Betting their opponent will, most nights, see your bankroll shrink.
How do you determine your potential payout, precisely? The moneyline number is the potential payout. A negative number represents the amount you have to bet to win $100. A positive number represents how much you will win on a $100 bet. In the graphic above, then, you have to bet $550 on Cleveland to win $100, while a $100 bet on Boston will net you a $375 profit.
For wagering games between two evenly matched teams, or in cases where you are expecting a big upset by an underdog, the moneyline is where you want to look.
But otherwise, you’ll want to try betting against the spread.
To counteract the lopsided nature of some games, sportsbooks place a “spread” on the action. The spread is a certain number of points bookmakers determine the favorite must win by for the bet to cash. The team that has a negative symbol in front of their spread has to win by more than that number, while the team with the positive symbol just has to lose by fewer than that number. You may hear this referred to as “ATS” betting, which just stands for “against the spread.”
To avoid that, sportsbooks usually try and include a half number in the spread (e.g. -17.5), so that one side has to win.
In instances where the spread settles on a whole number and you’d like to avoid a push, you have the option of purchasing a half-point. (By “purchasing,” we mean you will get a lower potential payout, for example, going from -105 to -120.) You can then use that half-point to “move the spread” in your favor. So, if you liked a +3 underdog, you could adjust the spread to +3.5; and if you liked the favorite, you could move it from -3 to -2.5.
Sportsbooks use point spreads to make the game even and they’ve become very popular amongst bettors. Moneyline odds of -600 is very hard to establish long-term success because the winning payouts are small and one loss could eliminate any positive gains. The same -600 moneyline will have ATS odds of -110 which is more attractive to a bettor.
The point spread is added to (the team getting points) and subtracted from (the team laying points) teams once the game is final to determine the winner.
From our NFL sample, you can see the Bills are getting 4.5 points while the Steelers are laying 4.5. Next to the point spread are the odds which both are at -110. Odds of -110 is pretty common, but sometimes you can find a sportsbook with reduced juice .
There are multiple ways to score ATS. Below are the three main scenarios they can play out.
Bills would need to lose by four points at less. Once the game is final you would add 4.5 points to the Bills total and if higher than the Steelers total an ATS bet on the Bills wins
Bills would need to lose by five points or more. If after adding 4.5 points to the Bills total it doesn’t reach a higher total than the Steelers then an ATS bet on the Bills loses.
In our example there wouldn’t be a tie, but sometimes the line will be four and not 4.5. In the scenario of a tie, if adding the four points to the Bills equals the Steelers then a tie is scored and the wagered amount is returned to the bettor.
If you are betting the Bills then the term is referred to as getting the points. Some might refer to it as catching the points also. A bet on the Steelers is referred to as giving the points or more commonly laying the points.
As moneyline odds change as previously mentioned, so does ATS lines. Once the sportsbooks receive more units on the Bills the line will be shifted down to deter additional bets on the Bills. The sportsbook might drop it to 4 or even 3.5. Likewise, if more money is being placed on the Steelers the spread will increase to 5 or 5.5. The shift is because the sportsbooks need to balance out the money wagered between the two sides. There are no limits or restrictions on how often a line can move. Lines can also move in both directions as sportsbooks might change the Bills, +5.5, and Steelers, -5.5. That movement could entice Bills bettors and with enough money bet on the Bills the line could return to +4.5 and -4.5 respectably.
Middling is a strategy of betting both sides of the spread – once before the line moves and once after the line moves – and hoping the final score settles in the middle, so both of your bets win. Because the spread is subject to shifts based on which team is getting more support, a publicly adored favorite can move by a few points, and create an excellent opportunity for aware bettors.
Take Super Bowl 50 as an example. The Carolina Panthers opened the week as 3.5-point favorites over Denver, but because they were 15-1 in the regular season and coming off a blowout win in the NFC Championship, the public bet them all the way to 6-point favorites, before late money made them 5.5-point favorites. If you had grabbed Carolina early in the week at -3, you could’ve taken Denver later in the week at +6, and if the Panthers had won the game 17-12 (a 5-point difference), both your bets would’ve cashed.
The flip side is that if the Panthers didn’t win by four or five points, only one of your bets would have cashed and, when you factor in the vig, you would have ended up with a small loss. But, essentially, you’re risking a very small setback for a potential windfall.
Point spreads are used in most sports. Hockey and baseball always use +1.5 and -1.5. Very very rarely do those sports post different ATS spreads. Basketball, football and soccer are dependent on the matchups. In basketball and football you can see point spreads into the double digits.
If a matchup is between two competitive and even teams sometimes there won’t be a point spread which is referred to as a pick’em. In this scenario the point spread isn’t in play and a bettor would place a moneyline wager on the desired winning team.
If you think not only you know who will win, but how the game will be played out then an over/under bet would appeal to you. Sportsbooks will set the total number of points scored thus allowing you to determine if more or less will occur. The over/under can change leading up to the game for the same reasons as moneyline and ATS move. Similar to ATS, the odds for over/under are usually -110.
In our example of 38.5, if you think the total points scored will be higher than 38 then you’d place a wager on the over. For that bet to win 39 points would have to be scored. For those thinking less than 38 points will be scored a wager on the under would be more to your liking. Since it is a bet on the total points scored it is irrelevant how many each team scores. Over/Under bets are not just limited to total points scored as below are some of the most common you’ll see.
A dream scenario for over bettors as overtime means more time to score points! When a game is tied after regulation and extra time is needed to determine a winner this is music to the ears of over bettors. Meanwhile, the under bettors are left sweating the extra time.
A common parlay which provides value to the bettor is to combine the moneyline with the over/under. A parlay of Bills and the under means the Bills must win and the total be under 38.5 for a successful bet.
Now that you understand the basics to betting you can succeed! As with most things, consider starting off slow while getting yourself familiar with the industry. Starting with these three basic bets is a great way to start. Soon you’ll want to expand on the basics to ensure a long-term successful betting experience and for that check out our full compliment of guides !
Along with a spread, books will set a “game total” for each event. That number represents how many points, combined, are expected to be scored during the game. Bettors have the option to select the “over” or “under”, which is why it’s also known as over/under betting.
Going back, one more time, to the graphic at the top, the “Total” for the Cleveland vs Boston game is 217. If you bet the over, any final score that adds up to 218 or more will make you a winner, and any score that is 216 or lower will cause you to lose. One of the appeals of game total bets is that you can win no matter the quality of the actual game. Whether it’s a close game like 110-109 or a total blowout like 119-100, the over bet would still cash.
Game totals are like spreads in many ways, and we won’t waste your time reiterating what we told you above. Just be aware that totals, like the spread, will do the following:
Point spread betting differs from your over under or moneyline bets. The spread is another very popular betting line among sportsbook players. Unlike multiple betting , point spread betting involves using a median number calculated by a bookmaker, when two teams are competing against each other. This article will help to assist readers, sports betting explained in a digestible way, in understanding how to cover the spread and providing examples of its use.
Simply put, covering the spread is used by oddsmakers to spark interest in the other team involved, where the odds are skewed, offering the underdog as a viable betting option; in a moneyline bet for example.
If we take the example of football, NFL moneyline point spread odds are often set at 1.91, but of course, the pricing can vary from one provider to another. This gives the house the edge. By setting a money line spread, it ensures the provider sees a small amount of money come back to them over time. What is a moneyline bet? Take a look at our betting site basics guide for more information regarding this term, or check out our complete glossary of sports betting terms . Back to the point spread.
Here’s an example to help break things down: in baseball, if the odds are set at 1.91, the bettor must wager $110 to win $100 (or $11 to win $10). In this scenario, the bettor covers MLB scores. You’ll often find many sportsbooks referring to point spreads as equalizers or vigorish (vig). Point spread betting is another option for bettors when lines move and fancy playing on the underdog.
We’ve mentioned it before, the term “cover the spread.” It’s a term that is frequently used within the betting community and refers to a situation where the favorite wins with the handicap set taken into account or the underdog bet wins with additional points. Bettors can cover the spread playing with over under betting or on a money line bet.
It’s another option available to sportsbook players. Rather than simply selecting odds on certain events (moneyline bet; winners, losers, over/under, etc..), it allows bettors to enjoy a market where a team must win or not lose by a predetermined margin of points. A game within the game.
Frank and Geoff wrote this online sportsbook guide with one goal in mind: to pass on their first-hand sports betting knowledge to the masses. The guide covers everything from signing-up at a sportsbook to cashing out when you win big, plus every single step in between.
Whether you are a sports betting rookie, or are a pro looking to improve your online betting experience, read our sports betting reviews and start betting the smart way!
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