What Does Spread Mean In Betting Nba
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The NBA is a league where the best teams are much stronger than the weak ones and this is why NBA spread betting is more popular than money line betting. With NBA money line betting a wager on the favorites will payout very little and a wager on the underdog will almost never win. With spread betting NBA bettors can almost double their money betting on either the favorites or the underdogs. NBA spread betting is very easy to understand and this page will explain it to you in detail.
For spread betting the oddsmakers set a number of points in which one team is favored by. NBA bettors then have two options. They can choose to wager on the favored team winning by more than the set number of points (aka covering the spread) or the underdog either winning or losing by fewer points than the spread (aka beating the spread). For example, if the spread is set at 5.5 points then the favorite must win by 6 or more for a spread bet on the favorite to payout, while the underdog must either win straight up or lose by 5 or fewer points for a spread bet on the underdog to payout.
Los Angeles Lakers -6.5 (-110)
Houston Rockets +6.5 (-110)
In this game the (-) sign beside the spread amount indicates that the Lakers are the favorite. A bet on the favorite would win if the Lakers win the game by more than 6.5 points (7 or more). The (+) sign indicates that the Rockets are underdogs by 6.5 points. Houston must either win the game outright or lose by fewer than 6.5 points (6 or less) for a wager on the Rockets to payout.
In the NBA the spreads still have betting odds attached to them. The most common odds associated with each side of the spread will be -110, which means a $110 wager would win $100. In some cases the odds associated with the spreads may differ. For example, the Lakers to win by more than 6.5 could have +100 odds attached, while the Rockets odds to beat a 6.5 spread could be -120.
The spread amounts can either be half numbers (6.5) or whole numbers (7.0). When the spread amounts are whole numbers there is always the possibility that the favorite will win by the exact spread amount. If this occurs any spread bets on that game are pushed. This means the bets are refunded with no winnings awarded.
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Point Spread betting is basically betting by how much a certain team will win or lose. The whole concept of point spreads is based on the principle of underdogs and favorites. The favorites (a team that is expected to win) “lays” points to the underdog (a team that is expected to lose) to make up the difference in equality. Do not confuse it with over/under betting, where you are betting whether the total score of the teams will be over or under a predicted amount (see our Basketball Over/Under Betting article). The whole point is to provide an incentive for the bettors to wager on the underdogs and balance the sides on betting a little.
* Please see illustration below to help understand point spread bets, text explanation follows.
(-110) Line
Unless specified otherwise, it is always assumed that the money line for spreads is (-110). That is, if you bet $110 on either of the teams, you will get $100 back. Once in awhile you will see different money lines for different spreads. This will most likely happen in some kind of alternative bets, like proposition wagers.
Point Spread Examples:
– Boston Celtics are playing against Miami Heat in the NBA playoffs.
If you are betting on Boston, then they have to win by 5 points for you to win. For example, if the final score is 96-90 for Boston, then Celtics won by 6 points, which is larger than 5; thus, if you bet $110 on Boston, you will win $100 profit, assuming that it is a standard (-110) line.
If you are betting on the Miami Heat, then they can lose by no more than 5 points – or win. For example, if the final score is 103-100 for Boston, then Miami Heat only lost by 3 points. 3 is less than the 5 point spread, so you will win $100 profit if you bet $110.
In the above example, if the final score is 105-100 for the Celtics, then the spread is exactly 5 points. Thus, Boston did not win by more than 5 points, but instead, they “tied” it. In such cases, sportsbooks have to return the wagers to the bettors.
To prevent this, a lot of the times sportsbooks will utilize a 0.5 element. That is, they will show the same odds as:
In this case, Boston has to win by more than 5 points and Miami could lose by 5 or less points, for it to happen. If the spread is 105-100 for Boston, those who bet on Miami will win the spread.
Point spreads are the most widely available type of bet in basketball. A lot of the time, the best spreads will be the biggest ones. It sounds counter-intuitive at first but it is rather easy to grasp once you get a hang of it. Will the Bulls lose to the Lakers by less than 1 point or by less than 20 points? If you are betting that the Bulls are going to lose by less than 20 points, then they can still lose by that 1 point and your bet will be a winner. Hence, look at different sportsbooks and find the biggest spreads. The money line for it will most likely be at (-110) anyways, so you will be getting the same money for a higher probability of winning.
Another important basketball point spread betting tip is to always stay objective. Many basketball fans tend to let their emotions get in the way of their wagers. For example, Notre Dame is playing UCLA in the NCAA playoffs. Maybe you went to Notre Dame and you are a huge fan of their basketball team. Clearly you are biased towards that team. Even if you know that Notre Dame might lose, you are inclined to bet on them regardless of any spreads, simply because you like them. That is a subjective bet that will lead you to losing money. The best thing to do when you know that you have a bias towards a certain team is to stay away from that bet entirely; think strategically and not emotionally when dealing with money.
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What Does Spread Mean In Betting Nba
