Betting Against The Spread
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One of the most popular types of sports betting is betting against the point spread also known as ATS. The point spread is a number aka the “betting line” set by bookmakers at the sportsbook which is intended to even the playing field between two teams and give a reason for bettors to bet on either side of the game. The betting Favorite is considered the better team and listed with a Minus (-) sign while the Underdog is listed with a Plus (+) sign. A bettor wins his bet on the “Favorite” if the team wins the game by more points then the “spread or line”, the opposite is true for the “Underdog” where the bettor wins if the team loses by less then the spread or wins the game outright! There are two types of spread betting, the first is betting with the spread and the second is betting against the spread.
When you bet with the spread it means you are taking the favorite to win and cover the spread. For example in the NFL the Dallas Cowboys are Favored at -3 over the Philadelphia Eagles. Taking the Dallas Cowboys -3 means you are betting with the spread and want the Cowboys to win by MORE then 3 points.
Betting against the spread means you are taking the Underdog and the points in a game. To win you want the “underdog” to either win the game outright OR lose by less then the “Point Spread” you are given. A example of this we will use the following. The New England Patriots -7 vs NY Jets +7. In this example we are taking the underdog the NY Jets and +7 points. In order for us to win our bet one of two things must happen. First the Jets win the game OR the Jets lose the game but the final score has the Jets losing by LESS then 7 points. Should the final score be exactly 7 points this is a push and your bet is refunded.
ATS is short for Against The Spread! Its a term used to track how well one team does against the spread meaning their won/loss record based on the spread rather then their regular wins and losses.
What if I win my bet against the point spread?
You get your original bet back plus your winnings. For example if you bet $110 to win $100 you would receive $210 back.
What if the result of the point spread bet is a loss?
You lose your entire original bet. For example if you bet $110 to win $100 you would lose $110.
What if the result of the point spread is a tie?
This is considered a “push” and you are refunded your original bet back. For example if you bet $110 to win $100 you would get the $110 back.
This is called a straight bet. A straight bet is the most common type of bet for betting on the NFL, NBA, College Football & Basketball. It uses the the point spread: When betting a straight bet you are betting on the team to “cover the spread the point spread”. Referring to our examples above you are either Betting with the spread or Betting against the spread.
What does it mean to pick against the spread?
This is same as betting against the spread however it may be used in NFL Pickem type pools rather the placing a straight bet.
Here are some wagering examples of bets Against the Spread
Final Score: NY Giants 28 – Dallas Cowboys 20
If you took the NY Giants as your pick at the sportsbook against the spread you would have won your bet! 28-7=21 Final score against the Spread is 21-20 Giants win!
Final Score: Golden State 99 – Denver 90
If you took the Golden State Warriors as your pick at the sportsbook against the spread you would have lost your bet! 99-10=891 Final score against the Spread is 89-90 Denver Wins and covers against the spread, you would have needed to take the Nuggets +10 to win this bet ATS at a Vegas Sportsbook.
ATS in sports betting means – Against the Spread. Most sports bettors and handicappers use the acronym when referring to a teams won loss record against the spread AKA ATS.
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What does "Betting Against the Spread" Mean?
Sports betting continues to gain in popularity ever since it became legal in the United States. There are thousands of new bettors arriving at the scene daily. These bettors want to learn about strategy and gain a fuller understanding of how to win. Sports betting is not for everyone, of course, but if you approach it the right way, you'll be in good shape for the long run!
One of the most popular bets is the point spread bet. In this sports betting guide, we'll dive into the exact details of figuring out your spread betting strategy. But first, let’s answer one central question: What does "betting against the spread" mean? It's certainly one of the most common gambling terms and, when reviewing statistics, it is abbreviated as ATS. For beginners, a point spread is a number published by oddsmakers that represents an estimate of the number of points by which the favored team might outscore its opponent. This number is expressed in both whole and half-numbers (e.g., 4, 4.5, 5). The point spread was initially devised as a means to level the playing field between two unequal opponents such that each would have roughly the same chance to be a winner for its bettors. When betting against the spread, a gambler has two choices.
The bookmakers try to create an equal playing field by establishing a point spread which will be added to, or subtracted from the final scores of the two teams. Unlike a moneyline wager, with ATS bets, the team which outscores its opponent at the end of the game is not necessarily the point spread winner. When you're wagering against the spread, it's about trying to assess the value of the point spread. Is the oddsmaker’s number too low, or too high? The point spread is best explained by giving a couple of examples. Let's take an NFL match between the New York Jets and Dallas Cowboys. The betting lines might look like this:
In this example, the Cowboys are the point spread favorite, while the Jets are the underdog. When you're betting on the favorite -- in this case, Dallas -- it would need to win by more than 3 points to cover the spread to allow you to cash your ticket. And that’s because Dallas would have 3 points subtracted from its final score to determine the outcome of the wager. So, if Dallas won the game by just two points, 16-14, then your wager on Dallas -3 would lose. But if Dallas won by eight points, 21-13, then your wager on Dallas -3 would win. If Dallas won by exactly three points, say, 17-14, then the bet would be a push (tie).
The other possibility is to bet on the underdog. Unlike moneyline betting, where a payout for taking the underdog might be rather large (e.g., 3-1), with point spread wagering, the odds are roughly -110. This is because your underdog team no longer has to win the game, straight-up. Instead, it now gets points added to its final score. And the exact number of points depends on the relative strengths of the two teams. The greater the difference, then the bigger the point spread.
To illustrate betting on the underdog ATS, let's take the example of Super Bowl XLVII between the Baltimore Ravens and the San Francisco 49ers. The betting lines at BookMaker sportsbook looked like this:
The 49ers were the pointspread favorite, while the Ravens were the underdog. If you bet on the underdog Ravens against the spread, you needed them to either win the game outright, or lose by less than 4.5 points to cash your ticket. In that game, Baltimore won straight-up, 34-31, to reward its bettors.
Calculating your payout when betting against the spread
Besides the point spread, the other important factor in ATS betting are the odds. Because the point spread works to level out the playing field, the odds for each team are generally around -110. But they don’t have to be. Sometimes, you’ll see one team at -140 odds, while its opponent is at +120. And some sportsbooks, like BetAnySports (our #1-rated sportsbook), have reduced juice, such that its customers only lay -105 rather than -110 on football and basketball games. So, before you place your bet, you need to know what your wager will return should it win. Let’s dive right in, and look at an example of another NFL match between the Green Bay Packers and the Pittsburgh Steelers:
As we learned in previous examples, the Packers are the point spread favorite, while the Steelers are the underdog. Here, however, the odds on each team are slightly different. With Green Bay, bettors need to lay $115 to win $100, while backers of the Steelers only need to lay $105 to win $100. So, if you bet $105 on the Steelers, and they win the game, your total payout would be $205, which comprises your $105 stake, and $100 of profit.
Point spread betting tips and tricks
The point spread bet is not complicated, and the basics are easy to understand. Nevertheless, we want to give you some advice on how to develop your betting strategy. All bettors have different ways to approach this, but we have a couple of useful tips for anyone, no matter their experience.
Point spread betting in other sports
As you can see by the couple of examples we used, the point spread bet is very popular when it comes to the NFL. Nevertheless, there are more sports where you can bet the spread. Another popular sport is the NBA, which works in the same manner as the NFL.
The NHL and MLB work slightly differently. They use run-lines and puck-lines. In one sense, they are the same as other spreads, but the number is generally fixed at +/- 1.5. With football and basketball point spreads, there’s often a large amount of movement in the marketplace. An NCAA Basketball game might open at -11, but close at -14.5 if the favorite was steamed. But if money comes in on the favorite in a baseball game, the run-line would remain fixed at -1.5 runs, but the odds might change from -110 to -135. The reason for this is quite simple: there’s a lot more scoring in football and basketball games than in baseball and hockey games, so there’s much more room for an oddsmaker to adjust a football or basketball point spread.
What are the best sportsbooks for point spread betting?
When sports betting first gained popularity, there weren't that many places to wager. One could bet at brick-and-mortar sportsbooks in Nevada, or over the telephone with their local bookie. Since the turn of the century, offshore sportsbooks have become commonplace. Hundreds of betting sites now exist, so it can be somewhat hard to decide which sportsbook to choose. We are here to help, and have some general rules you can use to determine if a betting site is the right place for you:
Depending on what you value most, your sportsbook of choice could be quite different. If you’re looking to bet $50,000 on an NFL side, then BookMaker should be your pick, as it has the highest wagering limits. But if you’re looking for a book which offers reduced juice, so you’ll lay just -105 odds on football and basketball games, then our #1-rated sportsbook, BetAnySports, is by far the best. Or, if you’re a casual bettor who just wants the most modern and easy-to-use website, then Bovada would be your top choice. But maybe you’re really into parlays. If that’s the case, then go with BetAnySports since its parlay and teaser odds are unparalleled. And if you want a nice welcome bonus, then BetNow is terrific. Finally, it goes without saying that all sports bettors should have three to five sportsbooks so they can shop the lines. One of the biggest mistakes gamblers make is that they only have one sportsbook, and are held hostage to that sportsbook’s number.
We want to finish this article with a couple of terms common when we're talking about point spread betting.
The above terms are the most common across spread betting. When you successfully understand these terms, it's on you to start gaining the experience you need. It's essential to find out how you want to approach developing your strategy. Do you want the statistics and facts to take the lead, or do you prefer working on a trial and error basis? Whatever you do, it's important to have a plan.
First, establish what amount of money is your bankroll. That means the actual amount you can afford to lose. Then, based on your bankroll dollar value, you can determine your average bet size. Most professional gamblers will put between 1% and 5% of their bankroll on any single play. Finally, decide on which sports and wager types you like the most. Do you want to bet on regular season NFL, or just major events like the Super Bowl and the Final Four? Whatever it might be, form a plan!
The most important rule we want to close this guide with is: have fun! Sports betting is great entertainment, and we're here to make it as rewarding as possible along the way. So, happy betting!
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What does "Betting Against the Spread" Mean? - Big Al
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Betting Against The Spread
