Betting Half Spread
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Betting Half Spread
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Optimizing spread bets with first-half lines
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Betting a spread expresses a view that the market is incorrectly valuing the relative strength of two teams. This is true whether a bet is placed on the first-half spread or the full-game spread, and because sportsbooks do not price first-half and full-game spreads equally, bettors can optimize their bets by selectively wagering on first-half spreads when full-game spreads land on key numbers.
First-half spreads and full-game spreads are highly correlated — if a team is favored for the full game, they will be favored in the first half, as well.
However, first-half spreads rarely equal half of the full-game spread despite representing exactly half the game. In fact, the first half spread is almost always more than 50% of the full game spread:
Just as full-game spreads gravitate toward key numbers, so too do first-half spreads. A team favored by 5.5 over a full game will, on average, have the same first-half spread as a team favored by just 3.5 over the full game.
Sportsbooks account for this key-number stickiness by charging less for teams whose first-half spread gravitates up to a key number:
The necessity of any spread to gravitate toward a key number also impacts the frequency at which first-half spreads land on key numbers.
When a team is a short full-game favorite (PK to -2.5) or their full-game line lands on a key number (3, 7, 10, etc.), their first-half spread is significantly less likely to also fall on a key number:
A short favorite can’t be favored by more in the first half than they are over the full game, and a team favored by 7 over a full game would be too expensive to offer at 3 for the first half.
When the returns of first-half bets and full-game bets are compared, a pattern emerges:
When a team’s first-half number is pushed to a key number, the team is either being asked to cover a number too high (e.g., a -3.5-point full-game team covering a 3-point first-half spread) or the bettor is being asked to pay too high a price (e.g., paying $114 for a -5.5-point full-game team to cover a 3-point first-half spread).
As a result, first-half spreads tend to represent worse value when they land on a key number, which itself tends to happen more often when the full game spread is not a key number.
Blindly betting first-half and full-game favorite spreads based on whether the full-game spread was short or a key number yields a better return than blindly betting first halves or full-game spreads alone:
Now, betting anything blindly is unlikely to yield a positive return, but this insight can be used to optimize betting strategy when a bettor finds a team they’d like to back. If that team’s full-game spread is being pushed to a key number, the bettor may be better off looking for a well-priced first-half spread that, instead, doesn’t fall on a key number.
The operative phrase here is “well-priced.” Because first halves are harder to price and are a thinner market, they present more risk to books. As a result, books do take a higher hold on first-half spreads:
By selectively betting first-half spreads and shopping books to find the best price, bettors can find better value than betting full-game spreads alone.
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With football and basketball first and second half bets, point spreads are assigned like they are for regular straight bets on full games. The difference is that the winner is determined by the score of each individual half. For a football game, if you bet on a -1.5 favorite in the first half, they need to be leading by at least two points at halftime in order for you to cover your bet. Bets on the second half do not take scoring in the 1st half into account – only the score of the third and fourth quarters are used to determine which team covered the second-half spread.
In pro sports, first half lines are typically one-half of what they are for a full game. If an NBA team is favored by six points and the total is 200, the first half line will be roughly three points and the total will be 100. In college sports, large favorites are frequently favored by more than one-half of the full game spread. A 31-point favorite in football will likely be favored by 17 points or slightly more. College basketball totals are usually made on the assumption that there will be 10 more points scored in the second half. A game with a total of 140 will see a first half total closer to 65 than it will closer to 70.
There are several reasons that bettors consider first and second half bets. Certain teams might have a tendency to play well at the beginning of a game or fade down the stretch and first and second half bets let you use this knowledge to your advantage. Since second half lines are made at halftime, there is far less time for the sportsbooks to create their numbers, giving you a decent chance of catching a bad number.
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Betting Odds, Lines and Spreads for Sep 5, 2022 1st Half Point Spread
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Wagering on the action is the ideal way to enhance the excitement you experience when watching a sporting event unfold. However, the world of betting can be confusing for newcomers. You must learn how to read the odds, appreciate the different type of sports wagers available and understand the jargon used in the sports betting industry. You also need to identify the best sportsbooks, so we have highlighted a few excellent sportsbooks before explaining the key wagers available to you.
There are hundreds of sports wagering sites vying for your business and it can be difficult to identify the secure, reliable ones. SBR has done your homework for you and grouped together the best sportsbooks in the business , including FanDuel and DraftKings. Make sure you stick with the trustworthy books and avoid sites with poor reviews. Then familiarize yourself with the types of betting we explain below and take the plunge.
This is a simple wager on which team will win a particular game. Odds compilers will weigh up the relative strengths and weaknesses of each team, factoring in head-to-head records, injuries, fatigue, motivation levels, home advantage and so on. They will then assign a set of sports betting odds to each team. There is typically a favorite and an underdog.
Let’s say the Eagles are having a strong season and the Jets are struggling. You might see the Eagles priced at -770 to win the game at Lincoln Financial Field, with the Jets as +540 underdogs in the moneyline odds. If you see a minus sign before a set of odds, it tells you how much you need to stake in order to earn a $100 profit. In this instance, you would have to bet $770 on the Eagles just to earn a $100 profit, indicating that Philadelphia is the heavy favorite.
If you see a plus sign before a set of odds , it tells you how much profit you will earn by placing a $100. A $100 bet on the Jets at +540 would net you $540 if they pulled off an upset, indicating that they are the clear underdogs. You will sometimes see +540 rendered as 6.40 (decimal odds), but you can use a betting odds calculator to turn it into American odds.
Spread gambling is the most popular form of wagering on football, basketball and many other sports. The sportsbooks will give the supposedly stronger team a handicap in order to even out the playing field . Sticking with the example above, you might expect to see the NFL point spreads set at 13.5, with odds of -110 on the Eagles -13.5, and odds of -110 on the Jets +13.5. Some other betting sites might offer reduced juice, meaning you would find odds of -107 or -105 on either outcome.
If you bet on the Eagles -13.5, Philadelphia would need to win by 14 or more points in order for your football spread bet to pay off. That makes it harder, but you will earn a much greater profit. If you back the Jets, they could either win the game or lose by up to 13 points and your betting spread selection would pay out. The early NFL betting lines are often set by industry leading sportsbooks, while many wait for the Vegas lines to be published and follow suit. These NFL odds can change. If the vast majority of bettors placed their spread betting wagers on the Jets +13.5, you might see the line drop to 11.5 points. You can keep your eye on NFL Picks to check the best bets.
Betting the spread is popular on sports that have high scoring games, like betting on the NBA lines . It is not so common in lower scoring sports, such as soccer and hockey, but Point spreads can prove popular in those sports when one team is a heavy favorite. Many bettors like to wager on point spreads with credit earned when they take advantage of sportsbook welcome bonuses .
This involves betting on the total number of points or goals in a game . You are not required to specify which team will win the game. The sportsbooks will set a line and you can bet on either over or under . For example, you might see a total points line of 215.5 when the Golden State Warriors take on the Houston Rockets. You can then bet on either over 215.5 points, or under 215.5 points. If it finishes 110-107, over 215.5 will pay out.
You can also bet on the total goals in a soccer match, the total games in a tennis match, the total rounds in a fight and so on. The odds on either outcome are generally -110. This means you must lay down $110 in order to generate a $100 profit. It allows the sportsbook to make a margin on either selection, but some take a smaller margin by offering -105 sports betting lines.
You might see -110 rendered as 1.91 (decimal odds) or 10/11 (fractional odds). Decimal odds are popular in Europe, while fractional odds are common in the UK and in the horse racing sector. You can easily turn a price into American odds by using a betting odds calculator , which also takes free odds into account.
This is a wager on a future event and it is not necessarily related to the outcome of one specific game . Examples include wagering on which team will win the NBA Championship or who will win the Heisman Trophy. Every year, football future betting fans analyze the Las Vegas Superbowl odds in great detail. Sportsbooks will assess the strengths and weaknesses of each team and determine a favorite in the odds to win Super Bowl glory. The betting odds will grow progressively longer until you reach the rank outsider.
Proposition bets relate to a specific event within a game , but these betting odds do not necessarily pertain to the outcome of a game . Some prop bets can be really lucrative, whereas others are just for fun. An exciting prop bet might be on Russell Westbrook managing more than 45.5 points, rebounds and assists against the Timberwolves, or Lionel Messi scoring a free-kick against Real Madrid. A more lighthearted example would be the color Gatorade dumped on the winning coach after the Super Bowl, or the length of time it takes the singer to complete the National Anthem. You can also find plenty of prop wagers when it comes to betting on politics . Examples range from betting on the identity of the vice-presidential candidate to predicting whether the president will open up Area 51 to the public.
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OddsShark Sports Betting What Is A Point Spread And How Does It Work?
A point spread in sports is a way for oddsmakers to make a matchup between two unbalanced teams more balanced by giving points to or taking points away from each team.
The favorite in a matchup, indicated by a minus (-) sign, will have a given number of points taken away from its final score, while the underdog , known by its plus (+) sign, will have the same number of points added to its final score.
Be sure to check out our sports betting glossary to assist you with some of the terms used in our sports betting guides.
NFL spread betting is probably the most common and popular way to bet on football as it adds some excitement and better odds over just picking an outright winner. If you are new to betting the NFL altogether, be sure to check out our great How to Bet on the NFL guide.
Here is an example of a point spread for an NFL game and how it would look:
As you can see, Dallas
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