What Is The Spread Line Mean Betting

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Frequently asked questions about sports betting
The spread, also referred to as the line, is used to even the odds between two unevenly matched teams.
Bookmakers set a spread with the hopes of getting equal action on both sides of a game. For example, the Colts are a -3 point favorite against the Texans. The -3 points is the spread. If you want to bet the Colts on the spread, it would mean the Colts need to win by at least three points for you to win the bet. If the Colts win by two points, you would lose the bet because they didn't hit the key number of three. 
The spread at -3 suggests the teams are fairly equal and maybe in this case, the Colts are only -3 because they are playing at home. Bookmakers see these teams as equal and expect to receive fairly even money from bettors. If these teams were widely considered equal and bookmakers put the spread at -10, they wouldn't get equal money as Texans +10 would likely be pounded by bettors.
In a spread bet, the odds are usually set at -110 on both sides, depending on the sportsbook and state. That means whether you bet the Colts -3 or Texans +3, you'll win the same amount of money if you win the bet.
If you like the Colts to win but think three points is a tricky number, a moneyline bet could be made on the winning team with no points in the equation. In the above example, a Colts moneyline bet doesn't have any other requirements other than they win the game. The difference is that their odds may be set at -140 to win. On the other end, the Texans could be +120 to win. 
While betting the Colts moneyline leads to a smaller payout, an underdog moneyline bet on the Texans would yield more money because you'd get money on them winning the game straight up. In a spread bet, even if the Texans won straight up, you'd still only win the bet because they lost by less than three points.
No, not legally. Most legal sportsbooks around the country won't allow you to make bets with Venmo.
As of 2020, there are 21 states (and Washington D.C.) that have legalized sports betting.
Yes. But while betting on sports is legal in almost half the states in the country, not all of them allow online wagering.
Sports betting was allowed to be legalized at a state level in 2018 after PASPA was struck down.
Sports betting in Indiana was legalized September 2019 and online gambling launched a few months later.
Yes. Indiana passed a bill to allow sports betting in 2019 and wagering started in October with online betting opening a couple months later.
Michigan passed legislation to allow sports betting in December 2019 and the first physical sportsbooks opened March 2020.
Yes. Michigan passed legislation to allow sports betting in December 2019 and the first physical sportsbooks opened in March 2020.
Yes. Sports betting is legal in Virginia and residents began betting via FanDuel in January 2021.
Sports betting is legal in Virginia and residents began betting via FanDuel in January 2021.
Sports betting is not legal in South Dakota, but residents passed a ballot initiative in the November 2020 election, which means it's on its way.
No. Sports betting is not legal in South Dakota, but residents passed a bill initiative in the 2020 election.
Yes. Sports betting is legal in North Carolina, but it's only available at two casinos, which weren't open as of early 2021.
Sports betting is legal in North Carolina, but it's only available at two casinos, which weren't open as of early 2021.
Yes. Tennessee sports betting was legalized in 2019 and launched in 2020.
Yes. Tennessee sports betting was legalized in 2019 and launched in 2020.
No. Sports betting is not legal in Maryland, but residents voted Yes to legalize sports gambling in the November 2020 election.
No. Sports betting is not legal in Maryland, but residents voted Yes to legalize sports gambling in the November 2020 election.
No. Sports betting is illegal in Louisiana despite numerous attempts throughout the last couple years.
Sports betting is illegal in Louisiana despite numerous attempts to legalize it the last couple years.
Iowa legalized sports betting in May 2019, becoming the 11th state to do so.
Yes. Iowa legalized sports betting in 2019, becoming the 11th state to pass a bill.
Illinois passed sports betting legislature June 2019 and launched at physical sportsbooks March 2020, becoming the 15th state to offer wagering.
Yes. Illinois passed sports betting legislature in 2019 and launched at physical sportsbooks in March 2020.
Colorado legalized in-person and mobile sports betting November 2019 after a bill was signed by the governor and then approved by voters.
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What Is The Spread Line Mean Betting
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What Is The Spread Line Mean Betting
When a casino accepts a spread bet, it gives the player the odds of 10 to 11, or -110 . That means that for every 11 dollars the player wagers, the player will win .
In a spread bet, the odds are usually set at -110 on both sides, depending on the sportsbook and state . That means whether you bet the Colts -3 or Texans +3, .
PK or Pick'em means that the matchup is so close that there's neither a favorite nor an underdog . Whatever .
1 02 . 2021 —
The Dodgers' odds are +110, meaning a $10 bet would win $11, for a return of $21 . On Today's Line we use a different format, the idea is the same . You will not .
100% of online sports betting sites let you bet on the spread . Here's the betting line, with the point .
A betting line is a form of wagering whereby the bookmaker or sportsbook set gambling odds and determine the favorite and underdog teams in a match . This .
What is the Money Line? (How Moneyline Betting Works) . A moneyline bet is on a team to win the game outright (without a point spread) at an adjusted cost . Just .
If you believe the Steelers will win it is wise to bet the odds of -125 while you can . (By “purchasing,” we mean you will get a lower potential payout, for example, .
Point spread betting in hockey . The point spread in hockey odds is often referred to as the puck line . In the NHL, the puck line is almost always set at 1 .5, meaning .
26 02 . 2021 —
Let's start with the basics: what do sports bettors mean when they talk about a 'line?' The word line, in the language of a sportsbook, can refer to either the odds .
30 08 . 2021 —
30 03 . 2021 —
But how is the point spread set and what do all the numbers on a football betting odds screen mean? NationalFootballPost .com takes you through the basics of .
3 03 . 2021 —
Nope! All the team has to do is do better than the predicted line, and you win your bet . This means that a team can lose the game, .
The standard system of odds would allow bets on, for example, the 3-1 odds that . This means that if the favorite team wins an event with the point spread taken .
What is a Point Spread or Side Bet - Point Spread Explained Definition Betting . A point spread is used in sports betting to even the odds between two unevenly .
I'll be referencing this throughout the article to help explain the different bets you can make and what all those numbers mean . NBA Betting Lines NBA odds for .
The odds listed represent a bettor's total return for a winning wager as you simply multiply the odds by the amount you wish to risk . If someone risks $100 at 1 .91 .
Though these betting lines are pretty common for team sports, online sportsbooks in . Point spread bets have even entered the realm of esports wagering . For spread bets, this can mean the favorite is winning by a huge margin, or the .
27 05 2021 —
In this example, spread betting odds indicate that a bet on the Miami Dolphins will pay out if they beat the Philadelphia Eagles by more than 10 points, while a .
Fractional odds are the ratio of the amount (profit) won to the stake; decimal odds represent the amount one wins for every $1 wagered . American odds, depending .
The points spread – also commonly known as 'betting the spread' or 'handicap betting' – is a sports betting market that means a team must win by a specific .
In sports betting, each team is assigned odds that represent the likelihood of them winning the game . When t
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