What Does Bet Against The Spread Mean

What Does Bet Against The Spread Mean

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What does "Betting Against the Spread" Mean?

Sports betting continues to gain in popularity ever since it became legal in the United States. There are thousands of new bettors arriving at the scene daily. These bettors want to learn about strategy and gain a fuller understanding of how to win. Sports betting is not for everyone, of course, but if you approach it the right way, you'll be in good shape for the long run!
One of the most popular bets is the point spread bet. In this sports betting guide, we'll dive into the exact details of figuring out your spread betting strategy. But first, let’s answer one central question: What does "betting against the spread" mean? It's certainly one of the most common gambling terms and, when reviewing statistics, it is abbreviated as ATS. For beginners, a point spread is a number published by oddsmakers that represents an estimate of the number of points by which the favored team might outscore its opponent. This number is expressed in both whole and half-numbers (e.g., 4, 4.5, 5). The point spread was initially devised as a means to level the playing field between two unequal opponents such that each would have roughly the same chance to be a winner for its bettors. When betting against the spread, a gambler has two choices.
The bookmakers try to create an equal playing field by establishing a point spread which will be added to, or subtracted from the final scores of the two teams. Unlike a moneyline wager, with ATS bets, the team which outscores its opponent at the end of the game is not necessarily the point spread winner. When you're wagering against the spread, it's about trying to assess the value of the point spread. Is the oddsmaker’s number too low, or too high? The point spread is best explained by giving a couple of examples. Let's take an NFL match between the New York Jets and Dallas Cowboys. The betting lines might look like this:
In this example, the Cowboys are the point spread favorite, while the Jets are the underdog. When you're betting on the favorite -- in this case, Dallas -- it would need to win by more than 3 points to cover the spread to allow you to cash your ticket. And that’s because Dallas would have 3 points subtracted from its final score to determine the outcome of the wager. So, if Dallas won the game by just two points, 16-14, then your wager on Dallas -3 would lose. But if Dallas won by eight points, 21-13, then your wager on Dallas -3 would win. If Dallas won by exactly three points, say, 17-14, then the bet would be a push (tie).
The other possibility is to bet on the underdog. Unlike moneyline betting, where a payout for taking the underdog might be rather large (e.g., 3-1), with point spread wagering, the odds are roughly -110. This is because your underdog team no longer has to win the game, straight-up. Instead, it now gets points added to its final score. And the exact number of points depends on the relative strengths of the two teams. The greater the difference, then the bigger the point spread.
To illustrate betting on the underdog ATS, let's take the example of Super Bowl XLVII between the Baltimore Ravens and the San Francisco 49ers. The betting lines at BookMaker sportsbook looked like this:
The 49ers were the pointspread favorite, while the Ravens were the underdog. If you bet on the underdog Ravens against the spread, you needed them to either win the game outright, or lose by less than 4.5 points to cash your ticket. In that game, Baltimore won straight-up, 34-31, to reward its bettors.
Calculating your payout when betting against the spread
Besides the point spread, the other important factor in ATS betting are the odds. Because the point spread works to level out the playing field, the odds for each team are generally around -110. But they don’t have to be. Sometimes, you’ll see one team at -140 odds, while its opponent is at +120. And some sportsbooks, like BetAnySports (our #1-rated sportsbook), have reduced juice, such that its customers only lay -105 rather than -110 on football and basketball games. So, before you place your bet, you need to know what your wager will return should it win. Let’s dive right in, and look at an example of another NFL match between the Green Bay Packers and the Pittsburgh Steelers:
As we learned in previous examples, the Packers are the point spread favorite, while the Steelers are the underdog. Here, however, the odds on each team are slightly different. With Green Bay, bettors need to lay $115 to win $100, while backers of the Steelers only need to lay $105 to win $100. So, if you bet $105 on the Steelers, and they win the game, your total payout would be $205, which comprises your $105 stake, and $100 of profit.

Point spread betting tips and tricks

The point spread bet is not complicated, and the basics are easy to understand. Nevertheless, we want to give you some advice on how to develop your betting strategy. All bettors have different ways to approach this, but we have a couple of useful tips for anyone, no matter their experience.
Point spread betting in other sports
As you can see by the couple of examples we used, the point spread bet is very popular when it comes to the NFL. Nevertheless, there are more sports where you can bet the spread. Another popular sport is the NBA, which works in the same manner as the NFL.
The NHL and MLB work slightly differently. They use run-lines and puck-lines. In one sense, they are the same as other spreads, but the number is generally fixed at +/- 1.5. With football and basketball point spreads, there’s often a large amount of movement in the marketplace. An NCAA Basketball game might open at -11, but close at -14.5 if the favorite was steamed. But if money comes in on the favorite in a baseball game, the run-line would remain fixed at -1.5 runs, but the odds might change from -110 to -135. The reason for this is quite simple: there’s a lot more scoring in football and basketball games than in baseball and hockey games, so there’s much more room for an oddsmaker to adjust a football or basketball point spread.
What are the best sportsbooks for point spread betting?
When sports betting first gained popularity, there weren't that many places to wager. One could bet at brick-and-mortar sportsbooks in Nevada, or over the telephone with their local bookie. Since the turn of the century, offshore sportsbooks have become commonplace. Hundreds of betting sites now exist, so it can be somewhat hard to decide which sportsbook to choose. We are here to help, and have some general rules you can use to determine if a betting site is the right place for you:
Depending on what you value most, your sportsbook of choice could be quite different. If you’re looking to bet $50,000 on an NFL side, then BookMaker should be your pick, as it has the highest wagering limits. But if you’re looking for a book which offers reduced juice, so you’ll lay just -105 odds on football and basketball games, then our #1-rated sportsbook, BetAnySports , is by far the best. Or, if you’re a casual bettor who just wants the most modern and easy-to-use website, then Bovada would be your top choice. But maybe you’re really into parlays. If that’s the case, then go with BetAnySports since its parlay and teaser odds are unparalleled. And if you want a nice welcome bonus, then BetNow is terrific. Finally, it goes without saying that all sports bettors should have three to five sportsbooks so they can shop the lines. One of the biggest mistakes gamblers make is that they only have one sportsbook, and are held hostage to that sportsbook’s number.
We want to finish this article with a couple of terms common when we're talking about point spread betting.
The above terms are the most common across spread betting. When you successfully understand these terms, it's on you to start gaining the experience you need. It's essential to find out how you want to approach developing your strategy. Do you want the statistics and facts to take the lead, or do you prefer working on a trial and error basis? Whatever you do, it's important to have a plan.
First, establish what amount of money is your bankroll. That means the actual amount you can afford to lose. Then, based on your bankroll dollar value, you can determine your average bet size. Most professional gamblers will put between 1% and 5% of their bankroll on any single play. Finally, decide on which sports and wager types you like the most. Do you want to bet on regular season NFL, or just major events like the Super Bowl and the Final Four? Whatever it might be, form a plan!
The most important rule we want to close this guide with is: have fun! Sports betting is great entertainment, and we're here to make it as rewarding as possible along the way. So, happy betting!

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charliessports
on August 5, 2022 at 3:25 am

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by charliessports | Dec 31, 2021 | Blog | 1 comment
Throughout China, where wagering on animals fighting was widespread, sports gambling has been there since 1,000 B.C. People used to bet on the Gladiator fights in old Roman times. The concept of sports wagering is as ancient as institutionalized athletics itself. However, during the 1940s, gamblers were very restricted in the types of wagers they could place. The traditional betting method would enable wagers on the Pirates beating the Cavaliers with 3-1 odds.
This is when Charles McNeil , an American mathematics instructor, created the idea of calculating point spread. McNeil was an enthusiastic gambler. He developed “wholesaling probabilities” and established his independent bookmaking business during the 1940s. Back then, he began by selling this innovative type of football wagering. However, his betting model expanded to embrace basketball. McNeil modernized sports wagering, whose legacy continues as the point spread approach that you use while making NCAA basketball betting predictions.
Since you’re a newbie to sports wagering, it may seem intimidating to wager on anything other than if your favorite would come out on top or suffer losses. This is known as a moneyline gamble or sometimes a fixed-odds gamble, plus it’s currently the cornerstone of the gamble, yet it is only the start of how high you may push your sports gambling strategy.
When you wager against the spread, you’re picking the underdog as well as the scores in a match. To come out on top, you require your “underdog” to win the match or fall through less than its “Point Spread.” As an idea, consider this: The British Patriots are backed by a score of -7 over the New York Jets, who are backed by a score of +7. We’re going with the underdog New York Jets and their +7 points throughout this case.
1 of 2 events must transpire for you to collect your wager. Firstly, the Jets must come out on top OR perhaps the Jets must drop the match with a scoreline of lesser than seven points. If the aggregate tally is precisely 7 points, the game is called a tie, and your wager is reimbursed. Let’s make it easier for you with a couple of examples.
New York Giants 28 and Dallas Cowboys 20 is the final result. Here, you might have earned your wager if you had taken the New York Giants over the spread from the betting site! The Giants won 20-19 against the spread with a final tally of 28-9=19.
The aggregate tally was 99 for Golden State and 90 for Denver. In this case, you might have wasted your wager if you had chosen the Golden City Warriors over the spread on the betting! 99-10=891 Denver’s ultimate result against the spread equals 89-90. To earn this wager over the spread, one might have had to pick Denver Nuggets +10.
If you’re into sports betting, you should take help from Charlies Sports . We bring many tips and tricks for you to place your bet effectively. We also provide horse racing picks, NFL weekly picks , Major League Baseball predictions and much more. Learn and earn with us! Just click here to contact us for more details.
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The term "against the spread", commonly referred to as ATS , is one of the more commonly used sports betting terms. To bet against the spread is simply to bet on a pointspread. Most commonly, you will talk of your record against the spread, which means the number of games you have bet in which the team you bet on covered the spread compared to the games in which the team did not cover. When someone talks about their performance against the spread you know that they are not talking about moneyline betting , totals or proposition bets . You can bet against the spread in football and basketball, but not commonly in baseball or hockey.
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The easiest way to understand this concept is with an example. If Nick takes the Patriots against the spread. Then he is saying that the Patriots will cover the spread in their game. If the Patriots are -3.5 in that game then Nick will win if the Patriots win the game by four points or more, and would lose if they win by three or fewer points, tie the game, or lose outright. If Nick were to win the game then he could say that he is 1-0 against the spread on the day. If the Patriots were favored by 3 points instead of 3.5 then the situation would be the same, except it would be a push if New England won by exactly three points, and Nick would get his money back.
When betting against the spread there is one thing above all that bettors need to remember - who you think is going to win the game is mostly irrelevant. You aren’t trying to pick a winner - that’s what moneyline betting is for. You are trying to figure out how much a team is
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What Does Bet Against The Spread Mean

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