Nfl Betting What Is Point Spread

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With the rise of sports betting sites, betting on the NFL has never been easier – or more popular. And whether you’re just looking to add a little spice to your Sunday or you’re thinking about moving into a career as a sports bettor, you’re going to need to know how point spread betting works.
You’re in the right place. We’re going to explain what point spread betting is, and how it works when betting on the NFL. We’ll then take a look at some of the other ways you can bet on NFL games.
Sounds good? Then let’s get started.
Everyone has their favorite team – a team that they back, that they want to see go all the way.
But your favorite team is not the favorite team, if you get my meaning.
In almost any game, there’s going to be a favorite and an underdog. That goes for the first game of the season, and it goes for the Super Bowl. That created an interesting problem for bookmakers.
You see, if everyone knows the favorite for every game, then bettors would place all their money on the favorite almost every time, and bookies would be out of a job. Point spread betting – sometimes just called “spread betting” or “betting the spread” – is the solution.
In spread betting, the favorite team doesn’t just have to beat the opposing team – they have to beat the spread. In the same way, the underdog doesn’t have to beat the favorite – they just have to lose by less than the spread.
Without examples, that might seem about as clear as mud. But don’t worry – we’ve got a great example for you.
Let’s go way back to the start of the 2020 NFL season. The Kickoff Game was Kansas City vs. Houston, with Kansas City as the favorites (and, at that time, reigning Super Bowl champions). The point spread line looked like this:
In this example, the Chiefs would have to win by more than 10 points for a bet on them to win. On the other hand, the Texans would have to lose by less than 10 points (or win) for a bet on them to win. If the game ended with the Chiefs exactly 10 points ahead, the bet would be a push, and money would be returned to the bettor.
The Chiefs won their contest against the Texans 34-20, so point line bets on the Chiefs paid out – they won by 14 points.
The odds on point spread bets are almost always -110, though you can sometimes find “reduced juice” odds of -105. These odds tend to be the same whether you bet on the favorite or the underdog – after all, point spread betting was created to even out the bets on both sides.
Sports betting is complex, and NFL spread betting is no exception. Bettors who want to improve their chances of making money should have a few core concepts down before placing a spread bet.
The most common margins of victory in the NFL are 3 points and 7 points. These numbers should ring a bell – they’re the total value of a field goal and a touchdown + point after touchdown, respectively.
That means you should be on the lookout for point spreads around those numbers. If you think your team is liable to win (or lose) by a field goal, then a bet on a point spread of +/- 3 would be a push, while a bet on a point spread of +/- 2.5 or 3.5 could land you in the money. 0.5 on a point spread is known as a hook.
Because of these key numbers, it’s a good idea to look at the different spreads being offered by various betting sites to try to get your edge. To help you with this, we’ve created a guide to the best sites for sports betting. Look for the best spread across those sites before placing your bet! You can also shop around for the best odds – you’ll find reduced juice and other perks on certain sites.
Sometimes, the point spread will be 0. This is often referred to as a pick ‘em – there’s no clear favorite or underdog. In these circumstances, the point spread payout will often be similar to the moneyline payout (more on that later).
Point spread betting is the most popular type of NFL bet, but there are a number of other ways you can bet money on football. Here are a few of the alternatives:
Want to bet on the NFL, but it’s only April? Futures are the bet for you. You can bet on the first pick in the draft (as of the writing of this piece, on one site, Trevor Lawrence pays out an astoundingly low -10000). You can bet on who is going to win the Super Bowl (on that same site, the Chiefs to win it all pays out +500).
Futures bets are not the safest bets – they’re almost always casual bets for bettors who can’t wait to get some action on the NFL. Don’t play these for money (unless you really know what you’re doing) – play them for fun.
Moneyline bets are super simple: you bet on the team that you think is going to win. For moneyline bets, favorites usually pay out quite a bit lower than underdogs. You can tell who the favorite is because they’ll have a minus next to their odds, while the underdog will have a plus.
Totals bets aren’t about who wins and loses – it’s about how they play the game!
More specifically, totals bets look at the total number of points scored by both teams. The bookie will set a number – say 41. The bettor will then bet on whether the total points scored will be over or under that number. If it’s exactly that number, the bet is pushed.
Prop bets are basically any bet that isn’t a totals, moneyline, or point spread bet. Most futures bets are prop bets. You might place a prop bet on how long the national anthem will be, or even who will win the coin toss.
Think of prop bets as the kind of bet that friends would make with each other. It’s hard to assess the odds of prop bets unless you have a ton of data – for that reason, they’re usually avoided by seasoned sports bettors.
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Home»Betting»Sports Betting Guide»Sports Betting Guide: 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 is the 4.5-point favorite, which means the Cowboys would need to win the game by five points or more to win the bet. Conversely, New York is a 4.5-point underdog, which means to win the bet the Giants would need to win outright or not lose the game by more than four points.
If the Cowboys win 20-17, they win by three points and do NOT cover the 4.5 points, but the Giants have “covered the spread” by staying within 4.5 points.
Point spread wagers often will be put into parlays in which you make multiple bets on one slip for a larger payout. If you have a few games that you’d like to wager on and want to see how a payout changes by adding or subtracting games, feel free to play around with our odds calculator to help you learn how odds work.
There are certain point spreads that bettors should be aware of that are known as “key numbers.” These spreads are directly related to how points are scored in football such as a field goal (three points) or a touchdown (seven, assuming a successful one-point conversion). The three main key numbers in NFL point spread betting are 3, 7 and 10, representing a field goal, a touchdown and a field goal plus a touchdown.
The two most common margins of victory are three and seven points because of the type of scoring in the NFL. This is why you should shop around at different sportsbooks to find better lines to maybe gain an edge over the key numbers like getting a +3.5 spread as opposed to just +3 – you can get a quick look at the different books at our NFL odds page.
You can also “buy” points with a “teaser bet” in which you can move a +7 line to +8 but the odds may shift from -110 on the +7 to -135 at +8, meaning less of a return on your winning ticket. You can have key numbers on OVER/UNDER totals as well.
The most common betting line for a point spread is -110. A -110 line on either side is like paying a tax or commission to the sportsbook. Bettors would pay 10 percent (aka juice) to the sportsbook, which is essentially a fee for brokering the wager. So, the -110 indicates that a bettor must risk $110 to win $100. Some sportsbooks will even reduce the juice for you, which means you can earn the same $100 payout but risk less money to do it.
For example, if you see -7.5 (-107), then you only need to wager $107 to win $100 (saving you $3). If you see -7.5 (-102), then you only need to wager $102 to win $100.
There are three potential outcomes of your point spread wager: you win, you lose or you push (a tie). Typically, a point spread has odds of -110 for either side of the bet. In the example above between the Cowboys and Giants, the point spread is 4.5 points, while the odds are -110, meaning you would have to wager $110 to earn a profit of $100, or a profit of $0.91 for every dollar you bet.
A losing bet is quite simply you betting on the Cowboys -4.5 and they only win by four, for example. You lose the money that you placed on that bet.
A push wouldn’t happen in the example above because a team can’t win by half a point. It is very common, though, to have a betting line of +3/-3. Let’s say a favorite wins by exactly three. That is called a push and you simply get your money back with no profit and no loss.
PK or Pick’em means that the matchup is so close that there’s neither a favorite nor an underdog. Whatever team you pick to win when betting on the point spread simply has to win the game and the margin of victory doesn’t matter. In these cases, there may not even be a point spread available for the game and you can only bet on the moneyline.
This is a very common occurrence in sports betting and sportsbooks have the full right to shift the spread or odds for any given match prior to its start. Many factors can influence a change of the spread such as injuries, the number of bets coming in for either team or the weather, to name a few. Depending on the timing of placing the bet, the bettor can also have an advantage or a disadvantage depending on which way the spread has shifted.
Here is an example of a change in the spread:
If bettors had wagered on Dallas on Monday, they would be at a disadvantage compared to bettors who waited until Thursday because the Thursday bettors now only need Dallas to win by four points instead of five. But it can also go the other way:
If bettors had wagered on Dallas on Monday, they would now have the advantage over the bettors who waited until Thursday because the Thursday bettors need Dallas to win by eight points or more instead of only five.
Yes, in fact, sportsbooks also release spreads for different points in the match like after the first quarter or first half, which is called live betting or in-game betting. Oddsmakers will set spreads for those different checkpoints and it’s up to you as the bettor to determine which team will lead or trail by a certain number of points after that unit of time.
Here is an example of a first-half spread:
As you can see, Dallas is a 2.5-point favorite to lead the first half by three points or more whereas New York is a 2.5-point underdog, which means the Giants would need to be ahead or not trail by more than two points at the end of the first half.
The popularity of the point spread bet in the NFL is equally shared by NBA bettors and it works essentially the same way. When Giannis Antetokounmpo and the Milwaukee Bucks tip off at Madison Square Garden against the New York Knicks, the Bucks are going to be -800 on the moneyline but may have a point spread of -13.5 points with odds of -110, with the Knicks coming back at +13.5 with a -110 line.
As seen in the NFL with line movement throughout the week, in basketball, you’ll see the line movement occur much faster in a shorter time frame. When we looked at key numbers in the NFL, it was in regard to scoring. A similar approach can be taken in the NBA but it’s more connected to possessions. Look for key numbers such as five and seven because they tend to represent two- and three-possession games.
Be sure to check out our How to Bet on the NBA guide for more options and assistance in getting you in on the action for basketball.
A puckline is what a spread is called in the NHL, while a runline is associated with MLB betting. In both cases, the spread is almost always -1.5 for the favorite and +1.5 for the underdog, but the betting odds fluctuate a lot more than in NBA or NFL point spreads because the spread doesn’t usually change. There are instances in both the NHL and MLB where you see a 2.5-point runline or puckline but those are few and far between, typically between your league leader and a cellar-dweller.
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