Understanding Betting Point Spread

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What Is A Point Spread?
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Point spread betting is the most popular form of sports betting. The vast majority of sports wagers use a point spread thanks to the popularity of football and basketball. Even though this type of betting is so popular, it may take awhile to understand.
The point spread is sometimes known as an equalizer for sportsbook operators. All teams aren’t created equally, so sportsbooks can create a point spread for a game so that each team playing has an almost even chance of winning the game. In a way, the point spread will even the field for both teams.
The point spread gives a reason for bettors to risk money on both teams. The better team playing in the game is considered favorite. They have to win by the point spread offered by the sportsbook. The favorite in a game is listed as being minus (-) the point spread.
The worse of the teams playing in the game is called the underdog. The bettor wins if this team wins the game outright or loses by an amount smaller than the point spread. The underdog in a game is listed as being plus (+) the point spread.
Let’s use this past Super Bowl between the Tampa Bay Buccaneers and Kansas City Chiefs as an example.
Using this example, the Chiefs were 3-point favorites over the Buccaneers. The Chiefs needed to win by 4 or more points to cover the spread.
Likewise, the Buccaneers were 3-point underdogs. That means the Buccaneers needed to win the game outright or not lose the contest by 4 points or more. At Chiefs -3, if they won by exactly 3 points, the betting result would have been a “push” and bettors for both sides would have gotten their wagers refunded.
The Buccaneers pulled off the upset, winning by a score of 31-9, and rewarded bettors who backed them at +3.
Point spreads are usually set with -110 odds, but pricing often fluctuates at online sportsbooks. This is the sportsbook operators’ house edge. The odds guarantee the sportsbook operator will see a little money over time. When the odds are set at -110, the bettor must wager $110 to win $100 (or $11 to win $10).
The odds on a point spread are most commonly known as the vigorish or “vig” for the sportsbook. You might hear this small profit margin for the sportsbook called the “juice” by some sports bettors.
A “pick em” (sometimes seen as “pick”) is when the teams have a point spread of zero, meaning neither team is favored. In this instance, you’re essentially picking moneyline and your bet will be determined on the winner alone.
A spread of minus-seven (-7) means that a is favored to win the game by a touchdown (technically, a touchdown and the extra point). A team favored by -7 must win the game by eight or more points to win the bet. If the team wins by seven, the result is a “push” and the bet is refunded.
A spread of +7 means the team must win the game or lose by fewer than seven points to win the bet. A loss by seven would result in a push.
A -3 spread means that the favorite must win by more than a field goal to win the wager. A three-point win would result in a push and the sportsbook would refund the wager.
A spread of +3 means the team listed as the underdog must win the game or lose by fewer than three points to cash the bet. A three-point loss would be graded as a push by the sportsbook and the bet would be refunded.
In 2019, the Baltimore Ravens led the NFL in point differential per game at +13.7 points; the Miami Dolphins ranked last in the NFL in point differential per game at -11.7. Even Kansas City– known for their explosive offense– had an average point differential in 2019 of just 9.7 points. The net point differential in the NFL is -14.1, or -0.9 points per game. Basically, the talent differential in the NFL is so minute that even mismatched teams often draw games within a score of each other.
NFL spreads are most commonly between one point and four, with six being a heavy favorite and extremes coming out around 15-20 point favors. (For those wondering, the 1941 Chicago Bears hold the NFL record of point differential at +15.7 points per game. Conversely, Ohio State had a +33.1 average point differential in 2019.)
Sportsbook operators often aim to have equal money on both sides of a point spread. When the money is exactly split the sportsbook operator will see the exact vigorish as their profit margin. If all things are equal over time this will maximize how much money the sportsbook operator can make.
In an effort to have equal money on both sides of a wager, the sportsbook operator will move the point spread to attract money on the side that customers aren’t betting on. The odds for a point spread might change before the actual point spread. There are certain point spread numbers, like 3 and 7 in football, the sportsbook operators would like to avoid moving away from since the final score margin falls on these two numbers most often.
For example, if a lot more money is wagered on the New England Patriots -3, the vig may shift from -112 to -115 and -120 before the line moves to -3.5.
Football and basketball games are mostly bet using a point spread. The less popular major sports, baseball and hockey, are mostly bet using a moneyline. In an effort to make baseball and hockey more appealing to point spread bettors, the sportsbook operators offer run and puck lines, respectively.
These alternative lines give point spread bettors a chance to wager on other sports using a more familiar method of betting. Since points (runs and goals) aren’t as easy to come by in baseball and hockey, the odds with the lines may have a wider spread than a football or basketball game.
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A spread is merely the margin of victory or a handicap in a given game. When you bet on the moneyline, you simply predict the outright winner of the game. When you bet the point spread, you’re betting on a margin set by the oddsmaker and you have to decide which side will “cover” or beat the spread.
sportsbookaudit.com/betting-strategy/point-spread/
What does it mean to bet on a point spread?
What does it mean to bet on a point spread?
Betting lines or point spread betting is a type of betting that was created to make the contest more even. You can compare line betting to a handicap applied to a team you bet on. Basically, the line determines certain limitations for betting. Usually, if you decide to bet on a favorite, you will often see that their odds are negative numbers.
www.gamingzion.com/gambling/gambling …
Who is the underdog in point spread betting?
Who is the underdog in point spread betting?
They have to win by the point spread offered by the sportsbook. The favorite in a game is listed as being minus (-) the point spread. The worse of the teams playing in the game is called the underdog. The bettor wins if this team wins the game outright or loses by an amount smaller than the point spread.
www.thelines.com/betting/point-spread/
What's the best way to bet on sports?
What's the best way to bet on sports?
The most popular way to bet on football and basketball is with the point spread and betting on the moneyline (the outright winner without worrying about points) is typically secondary. They’re known as spread betting sports. However, in the NHL and MLB, betting the moneyline is the primary way to bet on the games but there is still a point spread.
sportsbookaudit.com/betting-strategy/poin…
Why is the point spread important in sports?
Why is the point spread important in sports?
In a way, the point spread will even the field for both teams. The point spread gives a reason for bettors to risk money on both teams. The better team playing in the game is considered favorite. They have to win by the point spread offered by the sportsbook.
www.thelines.com/betting/point-spread/
https://www.liveabout.com/sports-betting-understanding-point-spreads-3116853
Перевести · 26.12.2018 · How the Point Spread Works . The point spread is a handicap placed on one team for betting purposes only, it has no place in the game itself. It's designed to give both teams an equal chance at winning in the context of wagers. Think of it this way: If last season's Super Bowl champion was playing a basement-dweller team that hadn't won a game all year, that's a shoo-in bet.
https://www.thelines.com/betting/point-spread
Перевести · Point spread betting is the most popular form of sports betting. The vast majority of sports wagers use a point spread thanks to the popularity of football and basketball. Even though this type of betting is so popular, it may take awhile to understand. The point spread is sometimes known as an equalizer for sportsbook operators.
Point Spread Betting Explained: Sports Betting 101
Sports Betting 101: What Is a Point Spread?
YouTube › Crossing Broad Sports Betting
What Is A Point Spread? | NFL Betting Explained
How Do Point Spreads Work? - How To Bet Using Point Spreads (EXPLAINED WITH EXAMPLES)
What is Against the Spread and Spread Betting.
https://ats.io/sports-betting/intro-to-point-spreads
Перевести · 14.06.2021 · When betting the point spread you can either Bet With The Spread, meaning taking the team that is favored and will have a “-” minus sign in front of the number (point spread) or Bet Against The Spread meaning you are taking the underdog, or the team getting the points, having a “+” plus sign in from of the number.For more on what Betting Against The Spread is click here.
https://www.explainbettingodds.com/point-spread.html
Перевести · Understanding Payouts When Betting On The Point Spread. The whole nature and goal behind the point spread, is to provide an even playing field for the favorite and the underdog. Obviously not every team is equal, so the point spread adjusts this. As a result, the payouts that are generally seen around a point spread …
https://www.bettingonline.org/sports/point-spread
Перевести · And after all, when you are betting on a team with a Point Spread, isn’t the teams record against the spread more valuable to you than their record straight up? Vigorish. Vigorish or “Vig” or “Juice” is how Bookmakers and Sports Books make money. When a Money Line is not involved, most of these bets …
https://www.studyeducation.org/study/understanding-point-spread-betting
Перевести · Understanding Point Spreads In Sport Betting. Education Details: The point spread is a handicap placed for betting purposes and gives both teams an equal change of winning. For instance, …
https://sportsbookaudit.com/betting-strategy/point-spread
Перевести · 19.09.2020 · A spread is merely the margin of victory or a handicap in a given game. When you bet on the moneyline, you simply predict the outright winner of the game. When you bet the point spread, you’re betting on a margin set by the oddsmaker and you have to decide which side will “cover” or beat the spread.
https://www.playtenn.com/sports-betting/point-spread
Перевести · On its most basic level, a point spread bet is a wager on the difference between the winning side and the losing side of a sporting event. A point spread bet can take several forms; however, what you’re betting …
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