What Does Mean When Betting The Spread
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What Does Mean When Betting The Spread
Sportsbooks That Offer Bets On The Spread
Last updated on: September 6th, 2022
One of the most popular ways to bet on sports online is by betting the spread . The spread is a bookmakers’ attempt to even the playing field between two unevenly matched teams. The spread essentially deducts points from the favorite’s final score, giving both teams an even chance of winning the game, once the handicapped spread is applied. Betting with the spread means taking the points and betting on the underdog (the team considered less likely to win the game). The underdog’s point spread will be listed as a positive number (+7). This means that seven points are added to the underdog’s final score. Betting against the spread means giving points betting on the favorite (the team considered more likely to win the game). The favorite’s point spread will be listed as a negative number (-7). This means that you would subtract seven points from the favorite’s final score.
Team A is a 7-point underdog against Team B. If you bet on Team A with the spread and the final score showed a Team B victory 27-21, you won your bet and “covered the spread.” Since you bet on Team A +7, adding 7 points to Team A’s final score changes the outcome in favor of Team A 28-27. Even though Team A lost the game outright, the added points give them the advantage. Likewise, if you bet on Team B against the spread, subtract seven points from the final score. In a game that Team B won 17-7, the handicapped score of 10-7 still sits in favor of Team B.
Betting on the spread has become a classic bet type of various types of sports in the world, but the NFL is the most common for this particular bet type. When betting on the NFL, bettors know that points are typically scored in increments of seven or three. Wit this knowledge, a projected close game would most likely have a spread of three. This type of idea is not as easy to predict as the NBA, where free throws to stop the clock can suddenly make the result of the game a six-point differential instead of a three-point game, messing up a spread bets that were placed on a spread of -2.5. When betting on the spread for baseball it is called the run line, and hockey refers to it as the puck line, with most other sports sticking with the classic money line title. Examples for these sports are but not limited to:
Since betting on the spread is one of the most popular ways to bet on sports online, most online sportsbooks will offer spread bets on most major events, but particularly football. The best and most popular online sportsbook that offers bets against the spread is Bovada. For over 20 years, Bovada has been providing users with the ultimate online sports betting experience to American clients. Bovada even offers several valuable welcome bonuses, granting qualifying customers with free play cash. Be sure to check out Bovada for all of your online sports betting needs, including betting against the spread.
Alterative Spread Betting On The NFL
When betting on the 2022 NFL season, BetOnline allows bettors to wager on many different alternative spreads from all of the NFL action during the regular season. If a bettor feels confident that the Bills will beat the Rans by more than 2.5 points, BetOnline offers props that range from 1 to 15-point favorites. This adds value to the bet because the alternate lines significantly increase the amount with longer odds the higher the original line is stretched. If the Bills were to end up winning by 14, BetOnline rewards bettors who sue the alternative lines..
Live Betting On Covering The Spread
As spread betting has always been one of the most popular bet types available for legal books, MyBookie offers spread betting for all of the most popular sporting events. Whether betting on a Grand Slam event or the NFL playoffs, MyBookie moves their game lines and spreads during the action of the game or match. Live betting o the spread gives bettors value that wants to bet on an underdog comeback. If a team was down by 21 at the half and the spread moved to 21, a bettor could win big by betting on the favorite team to not cover at MyBookie.
With the 2022 NFL season kicking off on Thursday, September 8th, there are many spreads that have betting value for each week of the regular season. Some teams have small spreads to cover as heavy favorites and teams with spreads that could be too long to cover. The first week of the NFL season is one of the best weeks to bet on teams covering or not because of the excitement of seeing how the team looks for the first game of the season.
The Saints have Jameis Winston locked in as their starting quarterback and will be unveiling an offense that has one of the best running backs in the NFL in Alvin Kamara, a rookie wide receiver in Chris Olave that is one of the favorites for ROY, and the return of Michel Thomas for 2022. The Saints are -230 favorites and there is value in betting on them to cover the 5.5 spread. During their 2021 season opener, the Saints beat the Packers as an underdog by 35 points.
Russell Wilson is starting his 2022 season in Seattle like normal but will be playing for the Denver Broncos. The Seahawks have entered a rebuild-type year without their franchise QB and have announced Geno Smith as the starting QB for the first game of the season. The 6.5 spread has value for the Broncos as -260 favorites because of the momentum coming in through the Bronco’s new offense against a Seattle team that has to figure things out. As a starter last year, Smith went 1-2 and only beat the Jacksonville Jaguars.
There are various reasons why a point spread may change before kickoff. One of the most common reasons is lopsided betting action on the game. Legal sportsbooks always strive to garner an even amount of money on both sides of the outcome, in order to guarantee profitability. If a lopsided amount of money is bet on one side over the other, bookmakers will do one of two things: if the disparity is large, they will adjust the actual point spread, giving more or less points to the underdog (sometimes even flipping the favorite and underdog); if the disparity is small, they will change the “juice” or odds for the lesser-bet side. This is done to garner more bets to balance the books.
Breaking news, like an injury to a key player or impending inclement weather, can also change a point spread. It is important to place your wager as soon as possible if you like a specific spread, as spreads are always subject to change – most point spreads change several times before settling at the closing spread at kickoff. However, once you place a wager, the point spread will be locked in at the number you took.
One interesting way to bet on the spread is by using an alternate spread. This allows bettors to choose their own spread, with adjusted payout rates. Alternate lines usually cover a very large range of spreads, and as such, a very large range of possible payouts.
This is a great way to bet on the spread, as it allows you to dial in your risk tolerance and confidence in the team you are betting on. Most games have huge varieties of alternate spreads, with football games usually offering the most.
Point spreads are very popular across a wide range of sports, including those that do not score with “points.” Sports like baseball , which counts runs instead of points, or hockey , which counts goals, will have different names for their spreads. These spreads function the same as a point spread, but with a different name.
A puck line is simply a point spread in hockey. It functions in exactly the same way as a point spread.
Similarly, a run line is a point spread in baseball. Run lines are almost exclusively 1.5 runs, but alternate spreads are usually available.
A goal line is a point spread in soccer. It functions the same as a typical point spread. Unlike a run line, goal lines vary depending on the teams involved.
Because of the nature of taking the spread, sportsbooks don’t host the odds too high, usually setting them between (+110) and (-115). The aim is to set the spread as evenly as possible, making it a great betting choice for betting on the favorites, but not so great when betting on underdogs as the payout is bigger on the moneyline. If you would like to increase your potential payout and still play the spread, alternate spreads are your best choice.
A tie against the spread is referred to as a “push.” Often, sportsbooks will set their spreads with half points, often referred to as a “hook”, in order to avoid this. However, a push can still happen on occasion. If a push occurs in a single spread bet, most sportsbooks will return your original wager but offer no winnings. If a push occurs in a parlay, there are two possible avenues for a sportsbook to take: one is to count a push as a loss, therefore causing the bettor to lose the parlay; the other is to remove the bet from the parlay entirely, lowering the payout but still keeping the parlay intact. Be sure to check your preferred sportsbook’s terms and conditions to see how they handle pushes in parlays.
Some games may not show a numerical spread, but instead show a “PK”. This is short for “pick,” meaning that the game is even without a point spread and bettors must choose the winner outright. Usually, sportsbooks will manipulate the “juice” in order to attract more bettors to the lesser bet side of a PK spread.
Juice is the odds for each side of a point spread. The juice functions exactly the same as a moneyline, indicating the payout rate for each side of the spread bet. For most point spreads, both sides will have the same juice, typically (-110). Sometimes a sportsbook will manipulate the odds in order to attract more bettors to the lesser bet side, but these changes are usually relatively minor and done in +-005 increments.
The spread in sports betting refers to even the odds between two teams that are unevenly matched. Bookmakers will set a spread so they can incentivize betting action on both sides of the game. They want to receive fairly even money from those betting for either team. The better team playing is considered the favorite and is listed as being minus (-) the point spread. The other team is the underdog and is listed as being plus (+) the point spread.
When you do Super Star Gossip Christmas Betting on the spread, you bet on the margin of victory or defeat. For example, if a team is -9.5 points, it means that it is the favorite and must win by at least 10 points. The other team at +9.5 points is the underdog. If it wins the game outright or loses by an amount smaller than the +9.5 point spread, it is a winning bet.
Many Pennsylvania online sports betting sites offer point spread betting, which has become one of the most popular forms of sports betting today.
Oddsmakers build mathematically-driven ratings for every team before a season. They use those ratings and other factors like a home-field advantage to create a point spread in advance of a scheduled game. Bettors begin wagering on the initial point spread which influences it and moves it to the most accurate number.
Sportsbook operators tweak the spread as games are played. They can move the spread if they see a side isn’t getting any action. Any unforeseen changes in weather, injuries, or suspensions can also impact the spread. Those spending time online can see just how a spread can change.
There are also certain point spread numbers that sportsbook operators would rather avoid, such as the numbers 3 and 7 in football. In football, the final margin score often falls on these numbers. If the point spread is a whole number and the underdog wins by exactly that number, it’s called a push and all bets are refunded.
When you file for tax , filing online is probably the most convenient way to do it and when you’re gambling, doing so online means you can bet from anywhere at any time. Point spreads are usually set with -110 odds, as is the case when online gambling at Parx Casino. The odds can fluctuate depending upon the sportsbook. To help understand the risk and reward, the number next to the spread (-110) shows the amount a bettor has to bet to win $100. This is called the “juice,” which gives the sportsbook a 10% cut. It means that for every $1 you want to win, you have to bet $1.10.
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What Is A Spread In Sports Betting?
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Every sportsbook offers three common bet types for every game, match or event posted to the betting board: moneylines, totals and point spreads. The latter is popular among all sports bettors: newbies, seasoned wagerers, recreational players and professionals.
When you make a point spread wager, you’re simply betting on a margin of victory. You’ve likely heard the term “cover the spread”—that’s a direct reference to point spread betting.
If you’re a new bettor or at all confused, don’t worry. Everything you could possibly need to know about point spreads—and what it means to bet on them—is covered below.
As we already noted, a point spread is related to the margin of victory in any given game. It’s essentially a tool oddsmakers use to level the playing field when teams are mismatched in terms of skill and performance.
When looking at matchups that have point spreads, you’ll see a positive number attached to one team and a negative number attached to the other. Point spread betting is available for most sports but is most often associated with football and basketball (both college and pro).
Let’s start by explaining the “+” and “-” symbols that precede 6.5. You will see both symbols when looking at any point spread matchup, with the “-” denoting the favorite (team expected to win) and the “+” signifying the underdog (team expected to lose).
In this example, the Rams are the favorite, with -6.5 suggesting that oddsmakers believe Los Angeles is 6.5 points better than Pittsburgh. A point spread bet on the Rams -6.5 means you need them to defeat the Steelers by at least seven points to win your bet.
If LA wins by 6 points or fewer—or loses the game outright—Pittsburgh would “cover the spread,” and Steelers bettors would get paid.
By now, you might be wondering what the “-110” figure that’s attached to both teams means. These are the moneyline odds associated with this point spread bet. These odds tell us that, no matter which team you want to bet—Rams -6.5 or Steelers +6.5—you have to wager $110 for every $100 you want to win. (Another way to look at it: You have to wager $11 for every $10 you want to win.)
Odds vary on point spread bets from sport to sport. However, when dealing with basketball and football point spreads, you most often will see both teams with -110 odds.
Point spreads have a lot of nuances, so learning to read them can give you a leg up in your betting strategy. So let’s cover what goes into reading point spreads.
For consistency, we’ll continue using our Steelers-Rams example. Here’s what we know:
It can help to think of point spreads as “phantom points.” Once the game is over, you apply the phantom points to the final score to see if your wager is a winner or loser.
If you bet on the Steelers, you’d add 6.5 to their final point total. If you bet on the Rams, you’d subtract 6.5 from their point total. Here are a few hypothetical outcomes and how the point spread is factored in:
As the second example above clearly shows, if you wager on an underdog—again, the team with the “+” symbol—that team doesn’t have to win the game on the scoreboard for you to win your bet.
A team covers the spread if it successfully beats the point spread. In the scenario above, that means the Rams beat the Steelers by 7 points or more, or the Steelers beat the Rams by any margin OR lose by fewer than 7 points.
No matter if you’re betting on the favorite or the underdog, your goal is the same: You want your team to cover the spread. When that happens, you win your bet. When it doesn’t happen, you lose.
In the simplest terms, a negative spread indicates the favorite, which is the side that’s expected to win the matchup.
A negative point spread really means that team has some work to do. For a negative spread bet to hit, the team has to beat its opponent by a margin greater than the point spread.
What does a -7 spread mean?
A spread of -7 means that team needs to win by 8 points or more in order to cover. Example:
To cover the spread, Chicago must defeat the Clippers by 8+ points. Here are two final scores and the related point spread results:
If the Bulls lose the game or win by fewer than 7 points, they fail to cover the spread (meaning Clippers bettors cash their wager).
What if Chicago wins by exactly 7 points? It’s called a “push,” and all bets are refunded (no winner, no loser). We’ll go into more detail about pushes (i.e., ties) in a later section.
A -3 spread is one of the most common betting lines you see in football, especially in the NFL. The reason: It’s the most common margin of victory.
When betting a -3 spread—also known as betting a “3-point favorite”—you will subtract 3 phantom points from that team at the end of the game. If the team is still ahead after those points are subtracted, they cover the spread. Example:
Here, the Chiefs would need to beat the Cardinals by 4 or more points to cover. Some possible outcomes:
A point spread of -4 means your team needs to win by 5 points or more. Example:
A bet on Golden State -4 means you can only win if Golden State defeats Brooklyn by 5+ points. Some possible outcomes:
It means dollar signs should appear in your eyes like in old Saturday morning cartoons. Well, not exactly. But there’s a reason bettors might flock to a -2 spread in football: 2-point margins of victory are exceedingly rare in football.
When betting on point spreads in football, consider the most common victory margins: Because of the way football scoring plays are calculated—3 points for a field goal, 6 points for a touchdown, 7 points for a touchdown and extra point, 14 points for two touchdowns and two extra points—many victory margins land on these numbers (which is why they’re called “key numbers” in football betting).
Do some football games end with the favorite winning by exactly one point (covering the spread) or two points (push)? Of course. But it’s rare. So when betting a -2 spread, if your team simply wins, you’ll win your bet more often than not.
A positive point spread number indicates that team is the underdog. Though the underdog may be expected to lose, that of course doesn’t always happen. And even if the underdog does lose, the point spread gives it the opportunity to cover.
Once again, as long as an underdog loses by a margin that’s less than the point spread, it covers the spread.
A spread of +3.5 means a team must win outright or lose by fewer than four points to cov
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