Cover The Spread Sports Betting

Cover The Spread Sports Betting




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Covering the Spread? The Line? Sports Betting Terms Explained!
I have to admit, I’m one of those sports fans who if I don’t know what something means, I have no shame in asking. Except when it comes to things that I should technically “already know”.
That is the problem that I continuously run into the problem of when I hear the terms “cover the spread” or “I’ll take the points”. I do what a lot of girls do, shake my head and smile to give off the perception that “yeah she knows what she’s talking about”.
Many girls feel somewhat afraid to ask questions when it comes to sports.
Usually they are laughed at for not knowing things that seem very simple to the avid sports fan. Avid fans seem to forget that you could spend dozens of years learning about so many rules, stats and the history of each sport and still not know everything.
But that’s also what makes sports so much fun to watch and learn.
I decided instead of asking someone what “covering the spread” means, I would just take the simple route: When it doubt, Google it. And I’m pretty sure, the search engine won’t be laughing at me!
Read on to find out what a point spread, covering the spread, against the spread and over/under mean….
The “spread” is the difference in points scored by opposing teams in an athletic competition. The spread is also known as “the line” or “morning line”. This provides the basis for wagering : points may be “given” or “taken” to equalize a bet, or bets may be made that the difference will be larger or smaller than the estimate.
In simpler terms its when one team is the favorite over the other… so the spread is how many points the favorite has to beat the underdog by.
The spread is the difference in points between the two teams when the game is over. It’s what oddsmakers come up with to determine the winner and margin of victory of a game.
For example: the Lakers are the favorite over the Spurs by 5 points. So the Lakers must beat the Spurs by 5 points to cover the spread. This is how it will be written out in a Sportsbook
If one team is minus, then the other team is plus of the same number, so really you only need to see one of the numbers, to know the other.
If the line on the Lakers was -5.5 instead of -5, you would have to bet 6 (and have the Lakers win by that much) in order to collect on a bet. If you bet just the -5 then some betting sites would at least give you your money back or a credit towards future use.
A bet where you try to determine which team will cover the spread; not necessarily which team will win. It’s also known as ATS.
Example: Ned bet against the spread that the Patriots (-7) would beat the Eagles. That means the Patriots would have to win by more than 7 points for Ned to win his bet.
Over/Under means the odds-makers picked the most likely total combined score of both teams. For example in an NFL game with the Jaguars vs Dallas the over/under is 37. You can either bet on either “over” or “under”. Over, is if the two scores added up at the end, total to over 37. Under is if when you add them together, they’re less than 37. If the total is 37, it’s a tie, or “push” again.
If your anything like me and math is not your strongest suit, you will have to read that a couple dozen times to fully understand it. It took a while to find a clear answer on these questions but saved a lot of time from pretending to understand and trying not to look confused if someone were to explain this to me in person.
Digital media creator, strategist, and problem solver. Founded GuysGirl in 2009 as a side hustle while working full time as an executive assistant at a logistics company. Flipped these opportunities into serving as EIC at a Void Magazine, radio broadcaster for 1010xl, sometimes TV cohost, and currently full-time problem solver for clients at Brumleve Brands.
Since 2009, GuysGirl has become the voice for the female fan covering national topics on major sports, entertainment, and their surrounding culture. Through our editorial features, radio, livestream and TV broadcasts, we promote the on and off the field lifestyle of the female fan.
Blythe is a former sports and entertainment broadcaster who quit it alllllll in order to dedicate more time to her growing digital brands. As a solopreneur based in Jacksonville, Florida, this podcast highlights the ups and downs of managing a side hustle in hopes it can lead to that elusive work/life balance.
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Our Gambling 101 series continues with an explanation of what covering the spread means. How does that happen and why do bettors wager on spreads in the first place?
Author:
Roy Larking
Publish date:
May 14, 2020
Simply put, covering the spread is the goal of every bettor who has placed a point spread bet. This SI Gambling 101 feature explains what it takes to cover the spread.
Designed to create action on both sides when one is deemed superior to the other, point spread betting was invented by mathematician Charles K. McNeil and introduced in the early 1940s. Against the spread (ATS) wagering is part of the standard big three betting options, which also includes moneylines and totals. Points spreads are a popular gambling choice in pro and college football as well as basketball. Here are some examples of ATS betting odds from the NCAA, NBA and NFL.
Houston Rockets +6 (-110)
Los Angeles Lakers -6 (-110)
Green Bay Packers +3 (-110)
Minnesota Vikings -3 (-110)
LSU (-5.5) was posted as the point spread favorite against Clemson (+5.5) during the 2020 NCAA football National Championship game. That means LSU needed to not only beat Clemson, but win by more than 5.5 points in order to cover the spread. After falling behind, 17-7 in the second quarter, Joe Burrow and LSU stormed back and crushed Clemson 42-25. Bettors who wagered on LSU easily covered the spread because the Tigers won by 17.
Favorites are always listed with a negative (-) point spread line while the underdog is posted with positive (+) odds. In the NBA example above, Los Angeles needed to win by more than six points to cover the spread versus Houston. If the Lakers won by exactly six points, the bet would be ruled a push and whatever money was wagered would be returned to the bettor.
Many bettors like betting spreads because they either get a better return on their investment wagering on a favorite or because they like the underdog to keep the game close but not necessarily win. In the three examples above, bettors would earn a $100 return on a $110 wager on any of the teams to cover the spread. Betting on the Vikings to win outright as a three-point favorite would likely come at the cost of -150 odds as opposed to -110. That means you’d have to bet $150 to win the same $100. In other terms, a $100 bet on the Vikings to cover the spread would net a return of $90.90, while that same bet on the Vikings just to win (moneyline) would net a return of $66.70.
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