Spread Betting Explained Basketball

Spread Betting Explained Basketball

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The single bet option is done with a point spread . Sports books determine a favorite and an underdog, then assigns each one with a point total. The bettor then wagers on which team he or she thinks will cover the spread.
In the above example, Boston is a -7.5 point favorite, while Detroit is considered a +7.5 point underdog. The number (the point spread) signifies how much is to be added or subtracted from that teams’ point total at the conclusion of the game.
If Kaitlyn bets on Boston, they would have to defeat Detroit by a total of 8 points in order for her to win the bet. If she bets on Detroit, they would have to win outright or lose by no less than 7 points.
In a total bet, the sports books decide on how many combined points two teams will score in a given game. The bettor then wagers on whether or not he or she thinks the combined number of points by each team will go over or under the total that the sports books gave.
In the above example, Ian believes neither team will score many points, so he places a wager on the under. If the combined score of both Miami and Orlando doesn’t total over 215, Ian wins the bet.
In a money line wager, the better is only concerned with who he or she thinks will win the game. There is no point spread, but a favorite and underdog is still determined by the sports books and indicated by two separate odds.
In the above example, Dallas is favored to win over San Antonio. The numbers provided are odds that the sports books determine before the game.
If Samantha wagers on Dallas, she must risk $150 to win $100 (or $75 to win $50; $37.50 to win $25, etc). If she wants to wager on San Antonio, she only has to risk $74.07 to win $100 (or $37.04 to win $50; $18.52 to win $25, etc). For Samantha to win all the team has to do is win – it doesn’t matter by how much – and she be paid according to those odds.
A teaser gives the bettor an opportunity to add or subtract 4 points from the point spread or total. The catch is that two separate spreads or totals have to be wagered in the same bet in order to use the 4 points. The spreads or totals can either be two teams, two over/under totals, or a combination of the two. On top of that, both must win in order to collect a profit.
Tommy wants to wager on Seattle and New York. In a teaser, he’s awarded 4 points to use on each team, making Seattle a -1 point spread favorite and New York a +16.5 point spread underdog. In order to win the bet, however, Tommy needs both Seattle and New York to cover their respective spreads.
Unlike a teaser which awards a bettor 4 points, the reverse teaser subtracts 7 points from the spread in exchange for a bigger payoff.
Rebecca thinks Clemson is going to cruise against Mississippi State, so she sacrifices giving up 5.5 points for a bigger payoff.
A parlay wager is similar to a teaser in that a bettor has to bet on at least two separate odds, but is not awarded six points to either add or subtract from the point spread or total. As with a teaser, the two separate odds can either be two teams, two totals, or a combination of the two. Both bets must be won in order for the bettor to make a profit.
Rob likes North Carolina State and Maryland, so he parlays NC State –23 and Maryland +3. If either team is defeated or doesn’t cover the point spread, he loses the parlay.
In another example, Rob likes Georgetown and the over 100 in its game with Maryland. In order for him to win the parlay, Georgetown must cover and the combined points in its game with Maryland can’t total over 100.
While a teaser bet is more attractive to a bettor because he or she gets to add or subtract 6 points from the point spread, a winning parlay pays more. A parlay is a riskier bet, but the same $25 wager on a parlay will pay more than on a $25 teaser.
A future bet is made before the end of the regular season or playoffs, and consists of a bettor wagering on the odds of a team winning their conference or the March Madness tournament. The more likely the chance of a team winning the March Madness or its conference, the worse the payout is for the bettor. Conversely, if the team is a long shot to win March Madness or its conference, then the bigger the payout is for the bettor.
In the above example, North Carolina is considered as the most likely to win the March Madness tournament at 1/1 odds. Michigan is considered the least likely to win the March Madness tournament and therefore its odds are set at 1000/1.
Ann wants to bet on North Carolina to win the March Madness tournament. For every $1 she bets, she’ll win $1. So if he bets $100 on North Carolina at 1/1 odds and they win, she’ll win $100. If she bets $100 on Michigan at 1000/1 odds and they win the March Madness tournament, she’ll win $ 100,000.
Prop bets are similar to future bets, but instead of wagering on the future of a team, the wager is made on individual players or game scenarios. Sports books will describe a scenario and place odds on that scenario actually happening.
Will Kobe Bryant Score 70 points in any game this season?
Karen believes Bryant will score 70 points in a game this season. For every $350 she bets, she’ll win $100. Conversely, if Mike doesn’t believe Bryant will score 70 points in a game this season, for every $100 he bets, he’ll win $500.
An If Bet allows a bettor to link two or more individual wagers together, but the second bet isn’t wagered if the first isn’t won. In other words, if the bettor loses the first wager, then the sports book doesn’t place the second bet.
Lisa likes Notre Dame -3 and Army +7, so she places a $10 If Bet. If Notre Dame covers the 3 points, then the sports book places $20 on Army. If Notre Dame loses or doesn’t cover, the sports book doesn’t proceed with the next bet and Lisa only loses her original $10.
A Round Robin wager is a way to make multiple parlay bets. A three-team Round Robin consists of one three-team parlay and two, two-team parlays.
Frank likes Kentucky, USC and Washington and wants to wager on a three-team Round Robin. So Frank bets on Kentucky, USC and Washington in the three-team parlay, as well as Kentucky and USC in one of the two-team parlays, and the Kentucky and Washington in the other parlay.
Are you new to Sports Betting? If you are or, if you just want to try betting an unfamiliar sport, here are some guides to help you out!
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Basketball point spread explained: This is a type of bet that’s used on sports where teams score points like Basketball betting , American football, baseball, etc. Keep reading to find out how point spread betting works.
A point spread is the amount of points, set by a sportsbook, that a team must win by, or stay within, for the bet on that team to pay out.The team generally believed to be more likely to win in this game, the favorite, is assigned a number of points, written with a “-“ in front of it. If they win the game in question by more than that many points, they have covered the spread, and bets on that team’s point spread win.
The underdog—the team considered less likely to win—‘s point spread is expressed with a “+” in front of it. If the underdog can either win or lose by less than their point spread number, bets on that team’s point spread win. To learn more about basketball betting, check our article on how to bet on basketball .
The best way to explain point spread betting is to give an example. Since we are talking about basketball here, lets give an example that involves a basketball fixture. For instance, if the Knicks are struggling (as they tend to) and they play the Miami Heat, the point spread might look like this:
In this case, the Heat would have to win by at least 9 for bettors on the Miami Heat at -8 to be paid out. This situation is commonly referred to as covering the spread. For the New York Knicks to cover the spread at +8, the team would have to either win the game outright, or lose by 7 or less.
However, covering the spread is not the only outcome that can happen in these games. It’s possible that the teams play to a score that separates them by the exact number of the spread. In that case, the bet would be graded as a push. When that happens, wagers on both sides of that point spread would be refunded. To avoid the push, try to pick a spread that’s set at half points like – 8.5. Some bookmakers only offer spread like that to avoid getting a push outcome.
Keep in mind that the NBA is not the only place where spread betting can be used. It works on any basketball game including college NCAAF games and FIBA tournaments. However, spread betting can be used on other sports as well. You can learn more about basketball right HERE .
In baseball, betting on the point spread is often referred to as betting on the run line. The point spread is a betting line that balances the line between two uneven teams. Bettors can then can wager on either side while enjoying reasonable value on their bets. For example, lets imagine that the Tigers are playing against the Mets. In this case the Detroit Tigers are the favorites. The New York Mets, on the other hand, are the underdogs. If we imagine all of that, the run line might look like this:
Because the Tigers are the better team and tend to crush teams like the New York Mets, they are favored to win the game. When a point spread is written out, “-“ is used in front of the favorite. For a bet on the favorite, in this case the Tigers, to win, the team must win by at least the number after the hyphen. In this case, bettors on the Tigers would win their point spread bets if the Tigers win by at least two, for example 8-5.
The underdog is indicated with a “+”. To get a winning bet, the Mets have to win the game. Additionally, if they lose by less than the spread, the bet is also won. In this case, the Mets would have to win or lose by no more than one run.
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One of the most popular sports wagers is betting the point spread.
While it can be a little confusing, we're going to try and explain everything you need to know to understand point spreads and how to be successful betting on them.
In simple terms, a point spread is a bet on how much the favorite team will win by.
If the team has a minus sign, that means they're the favorite and they'll have to win by the specified number or more for you to win your bet.
If the team has a plus, that means they're the underdog and they'll have to either win the game or lose by less than the specified number for you to win.
Each team will have different odds, so make sure you're paying attention to them.
The easiest way to control the point spread is to pay attention to the days leading up to the game.
Not only will you be able to see any important information pop up, like injuries, but you'll also be able to see who the favorite is and who isn't. In addition, being able to watch the line move will give you an idea of which team you should bet on and when you should bet. If you aren't really sure how things will turn out, it's a good idea to avoid betting altogether until the next game.
The entire process of betting can be simplified by using an online sportsbook.
To begin, either create an account or log in to your existing one. Next, simply choose the sport you want to bet on and go to that page. You'll then see all of the lines and games
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Spread Betting Explained Basketball

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