Point Spread In Football Betting Explained

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It’s impossible to separate sports betting in America and the point spread . They will forever be linked.
Point spreads are most commonly associated with higher-scoring sports like basketball and football , but can be used in any sport.
They’re the great equalizer, allowing bettors to wager on even the worst teams with some confidence.
So what is a point spread, how do you read it, and how to you make a spread bet? Let’s dive in.
A point spread is a bet on the margin of victory in a game.
The stronger team or player will be favored by a certain number of points, depending on the perceived gap in ability between the two teams.
A minus sign (-) means that team is the favorite.
A plus sign (+) means that team is the underdog.
Here’s how DraftKings displays its point spreads for football, with the point spread boxed in red.
Let’s use Ohio State at Penn State in college football as an example of how point spreads work.
The Ohio State Buckeyes are -6.5, meaning they’re the favorite. Remember that minus sign means they’re favored, and therefore the perceived stronger team.
The Buckeyes need to win by 7 points or more for their bettors to win.
Penn State is +6.5 and needs to either lose by 1-6 points, or win the game, to cover the spread and win the bet. The plus signs indicates they’re the underdog.
If the point spread is a whole number — like Penn State +7 — and Ohio State wins by exactly seven points, it’s a push and all bets are refunded.
You can read more about how to read American odds , but the number next to the spread is the juice associated with that bet. Most spread bets will be -110, so the sportsbook takes a 10% cut.
That means for every $1 you want to win, you have to risk $1.10. So if you want to win $20 on a bet, you’ll have to risk $22.
If you bet $22 on Ohio State -6.5 and the Buckeyes win by 10, you’ll win $20. If they only win by 5, you lose $22.
Point spreads have an even tax on both sides because we expect each team to cover the point spread about 50% of the time.
When betting moneylines — which requires you to pick the winner straight-up — you can get bigger payouts because the likelihood of the worse team winning the game outright is much lower than it just covering the spread.
It’s easy to bet point spreads at a book like FanDuel or DraftKings . Here’s how it works:
We could write another 5,000 words about how point spreads are truly made, but in the simplest terms, it’s a 3-step process.
“Covering the spread” is another way to say that a team won a point spread bet. In the above example, Ohio State winning by 7 points or more as a -6.5 favorite means they covered the spread.
If Penn State lost by 6 points or fewer, or won the game, they covered the spread.
What does it mean when a team is 9-2 ATS this season? ATS stands for “against the spread.” So an ATS record is simply wins and losses against the spread.
Low-scoring sports like hockey and baseball do have point spreads, but they’re almost always -1.5 and +1.5.
In hockey, a spread is referred to as the “puck line.” In baseball, it’s the “run line.”
The odds are just changed depending on the ability of the team — you won’t get -110 on both sides.
So you’ll get paid less for betting the Yankees -1.5 against the lowly Orioles than you would for betting the Yankees -1.5 against the Astros, when the two teams are more evenly matched.
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A ' point spread ' references the spread of points when two teams compete – one being the favorite and the other being the underdog. Point spreads are popular options in sports betting; they even the playing fields.
Bookmakers calculate a points total – point spread – that can be added/subtracted to the end result of the match. By adding this point spread, it is possible to determine whether the sports bettor won or lost the bet. Point spread betting is extremely popular in football and basketball.
No doubt you're eager to learn more about point spread betting – let's get started!
As a sports bettor, you are going to come across many different odds and stats. The point spread is one of the most common ways to reflect odds at a bookmaker.
Many bettors can identify a point spread, but they don’t exactly know what it means. This guide is filled with many useful betting tips to help you understand point spreads, puck lines, money lines, and run lines.
In simple terms, a point spread is effectively a median number calculated by a bookmaker when 2 teams are competing against one another. The goal is to spark interest in the favorite and the underdog.
If one team is expected to win, the odds need to reflect enough enticement for people to place bets on that team. Conversely, if one team is the underdog the odds need to be attractive enough to generate bets to counter all the bets on the favorite.
Next time you’re looking at the NFL odds for the upcoming week, and you see the point spread between two teams, such as the Tampa Bay Buccaneers vs New Orleans Saints, you’ll understand what it really means. Consider the following:
In sports betting lingo, ‘the chalk’ is the favorite team. This team will always have a (-) value alongside it. In our example, Tampa Bay Buccaneers are the favorites to win by 3.5 points in this game. The underdog in this game is New Orleans. The Saints have a +3.5 value. You will notice that both teams have a -120 value associated with them. We will explain this in further detail as we go.
Since the point spread is 3.5 points, a bet on the Buccaneers would be placed if you believe they can win by at least 4 points or more. In the above example, if Tampa Bay wins the game by margin of 20-14, then the Tampa Bay Buccaneers win the match and they cover the spread (they win by 6 points).
In case you're wondering what does cover the spread mean, here's a quick explanation for you: When a team covers the spread, they stay within the points that have been allocated to them by odds makers. In the above example, Tampa Bay Buccaneers beats New Orleans by a margin of 6 points – they covered the spread of 3.5 (they needed to win by at least 3.5 points).
However, the Buccaneers may win the NFL game and lose if they don't cover the point spread. For example, if the final score is 20-17 they win by 3 points but lose the point spread of at least 3.5 points. The New Orleans Saints have remained within the 3.5-point spread.
A quick way to understand how this works is as follows:
Final Score – [Favorite Team Score (20) minus Favorite Value (-3.5)] = 16.5
In the above example, 16.5 is less than the 17 points scored by New Orleans.
Take the Underdog Total (3.5) + Underdog Score (17) = 20.5
In the above example, 20.5 is more than the 20 points scored by Tampa Bay.
The team that has more points wins.
Favorites often win games straight up (SU) but fail to cover the spread. In sports betting lingo, this is known as losing against the spread (ATS).
If we look at this from the perspective of the underdog team, this time with a + 4.5-point spread on the New Orleans Saints, the following is evident:
Tampa Bay Buccaneers 20, New Orleans Saints 14 + 4.5 = 18.5. In this example, the Saints lose the game straight up, and they lose against the spread.
Tampa Bay Buccaneers 20, New Orleans Saints 17 + 4.5 = 21.5. In this example, the Saints still lose the game straight up, but they win against the spread.
In the above example, you will see the Tampa Bay Buccaneers and the New Orleans Saints both have -120 next to them. The -120 is known as the vigorish, or the juice – that’s the fee charged by the bookmaker for allowing you to place bets on these teams.
Typically, sports bettors pay 10% to the bookmaker, the equivalent of a brokerage fee. In our example, the figure is -120, and it indicates that you must risk $120 to win $100.
Sometimes, the vigorish can be reduced to a lower figure like -105, meaning that you need to risk a little less win that same $100.
The example below clearly illustrates how this works:
If you see -6.5 (-108), then you only need to bet $108 to win $100. This translates into a savings of $2. If you happen to see -6.5 (-103), then you only need to bet $103 to win $100. The lower the negative number, the better for the bettor.
Successful sports bettors are often found shopping for the best odds at the lowest risk. This is true of money line betting and point spread bets.
This price shopping is about getting value for your bets, and it’s common with professional bettors. Think of it in the same way as being able to buy an identical NBA Jersey for $108, or $103 – which one would you pick?
Let's look at two iconic NFL teams; the Miami Dolphins and the Philadelphia Eagles . We have assigned odds for illustrative purposes:
Recall that with spread betting, the (-) indicates which team is the favorite to win, and the (+) indicates which team is the underdog. The (-) effectively removes 10 points from that team, leveling the playing fields to make it a more equitable bet. At the same time, odds makers have given the Miami Dolphins (+) 10 points because they are the weaker team a.k.a. the underdog.
In this example, spread betting odds indicate that a bet on the Miami Dolphins will pay out if they beat the Philadelphia Eagles by more than 10 points, while a bet on the Philadelphia Eagles will pay out if they lose by less than 10 points.
Sometimes, the bookmaker will not show the odds for the underdog, but it is assumed to be the opposite number of the favorite.
When you place an NFL point spread bet, you will win if the final result of the sports match, with the point spread factored in satisfies the bet requirements.
Assuming the Philadelphia Eagles vs. Miami Dolphins example above, with a bet on the Philadelphia Eagles, you will win if the Eagles beat the Dolphins by at least 10 points. That (-) 10 is the minimum number of points that the Philadelphia Eagles must be ahead of the Miami Dolphins at the final whistle.
If the final score is Philadelphia Eagles 42-21 Miami Dolphins, clearly there is a 21-point victory margin so the Philadelphia Eagles win by more than 10 and the bet pays out. The Philadelphia Eagles covered the spread.
If you decide to bet on the Miami Dolphins, they can lose up by up to 10 points and still win the bet. If the final score is Philadelphia Eagles 42-33 Miami Dolphins, there are 9 points separating the teams. Clearly, Miami Dolphins have lost the game, but when we add +10 to the final score, it is Philadelphia Eagles 42-43 Miami Dolphins.
The Dolphins have won this game with the point spread factored in, and your bet will pay out. The Miami Dolphins covered the spread because they stayed within 10 points. That's how you win with NFL point spread betting!
If you win your point spread bets, you all received your original stake of $110 + the $100 you won on the point spread for a grand total of $210.
Ready to try point spread betting in NFL games?
If you bet on the Philadelphia Eagles vs. Miami Dolphins , and you lose the point spread bet, you will forfeit your $110. The bookmaker will then receive the additional $10, finishing in the money for that bet.
Even if you were to place a new bet on another NFL game and bet $110 and win $100, the bookmaker still gets to keep that additional $10 and end up ahead.
All new bettors at 888sport NJ can qualify for a Free Bet No Deposit , so feel free to put your sports betting prowess to the test.
Let's use the Philadelphia Eagles vs. Miami Dolphins example to illustrate how a Tie result affects your point spread bet. If the final score is Philadelphia Eagles 30 – 20 Miami Dolphins, there is a 10-point differential between the teams.
Since the Philadelphia Eagles need to win by more than 10 points, and the Dolphins need to lose by less than 10 points, the result is a Tie or a Push. In this case, the bookmaker will simply refund your money. Since neither the Philadelphia Eagles nor the Miami Dolphins covers the spread, there is no winner.
PK is sports betting lingo for Pick’em. It is a reference to even money bets in point spread betting. In this case, there is no favorite, and there is no underdog. The point spread is effectively 0.
When you place a PK bet, the ‘point spread’ is irrelevant; you're simply betting on one team or another to win the game.
It doesn't matter what the winning margin is; only the winning team matters. Extrapolating from our example of Philadelphia Eagles vs Miami Dolphins , you can easily see a PK match up if it is listed as follows:
Philadelphia Eagles – PK (-110), Miami Dolphins – PK (-110) advertised.
You have to bet $110 to win $100 on either team.
Remember the Tie result we spoke of earlier? That is known as a Push in sports betting. This is a common outcome with NBA point spreads and NFL point spreads. Whenever a sports event, game, or match ends in a draw, and a spread was involved, the outcome is known as a Push.
You will always get your money back in sports betting when a Push results, provided that the final result lands on the listed point spread.
Absolutely! It's entirely possible to bet on point spreads for the first quarter, the second quarter, third quarter, or the fourth quarter. You can also bet on point spreads for the first half, or the second half – it's your call.
Odds makers routinely set point spreads for different parts of the match. These odds are changing all the time, and you as the sports bettor must decide which team will be ahead, or behind, at specific checkpoints.
Using our example of Philadelphia Eagles vs. Miami Dolphins with a first-quarter spread:
Clearly, the Philadelphia Eagles are favorites to lead at the end of the first quarter with 3 points or more. The Miami Dolphins are 3-point un
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