Nfl Spread Betting Explained With Examples

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Simply put, covering the spread is the goal of every bettor who has placed a point spread bet. This SI Gambling 101 feature explains what it takes to cover the spread. The handicapping and odds information found on SportsBettingDime.com is strictly for entertainment purposes. Furthermore, the unique odds we produce in select news articles are also for amusement, and are not available to be wagered on. Please check the online gambling regulations in your jurisdiction before placing any wagers with the betting sites advertised on SportsBettingDime.com, as they do vary. SportsBettingDime.com does not target any individuals under the age of 21.

  • The most common odds associated with each side of the spread will be -110, which means a $110 wager would win $100.
  • It is promoted as a tax free, commission free activity that allows investors to profit from either bull and bear markets.
  • How much you get paid on your point spread bet depends on the odds listed at the time of the bet.
  • Finally, look at the statistics of each team and key players on both teams.
  • And similarly, Denver’s score of 17 plus the three points would be equal to Carolina’s score of 20.
  • However, if the underdogs lose by more than 4 points, the bet is a loss.

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 betting the spread points for a wager on the Rockets to payout. Bettors can cover the spread playing with over under betting or on a money line bet.

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But, notice that you’re not getting paid out the same on each bet. The sportsbook is predicting that the Braves are going to win the game by 2 or more runs pretty easily, so you’re getting paid out less than even money. On that same note, you’d be getting paid out much better than even money if you were to bet on the Yankees run line. As you can see, the Braves have to win the game by more than 1.5 runs, or the Yankees need to lose the game by less than 1.5 runs.

In this example, the Denver Broncos are 10 point favourites over the Oakland Raiders. Understanding the different types of betting options is crucial when you’re getting a start as a first-time sports bettor. Get exclusive betting news and the latest odds from top-rated sportsbooks, straight to your inbox betting the spread and social feeds. Even if you were to place a new bet on another NFL game and bet $110 and win $100, the bookmaker still gets to keep that additional $10 and end up ahead. Sometimes, the bookmaker will not show the odds for the underdog, but it is assumed to be the opposite number of the favorite.

What Is A Point Spread Bet?

Sportsbooks and oddsmakers may very well change a point spread to keep the handicap even. Injuries, starting lineups, weather, and volume of bets on one side or the other are a handful of the reasons for a point spread to change. Don’t let the thought of a changing point spread scare you, because these changes can work to your advantage. Do note that when it comes to point spreads, the underdog number isn’t always shown. Rather, a sportsbook will most likely only display the favorite’s spread and it’s assumed the underdog’s spread is simply the opposite. More information regarding the hook can be found below, in the section about key numbers.

Did the Bills cover the spread?

The Bills have covered the line in all but one of those games. The Chiefs, on the other hand, have covered the spread only once in their last nine games — and that was by a mere half a point in New Orleans.

The point spread is one of the most common ways to reflect odds at a bookmaker. In this case, the extra half point matters a lot because it turns a push into a loss for Carolina bettors and a win for those betting Denver. These half points can be tough to understand at first but once you get the hang of them they are easy.

Which Sports Use Point Spreads And Are They Different?

A point spread is a number that oddsmakers assign to sporting events with the ultimate goal being to provoke an equal amount of betting on both teams involved. There’s no need to go overboard and check 10 different sportsbooks every time you want to make a spread JSE Limited bet. If you just check one or two additional sportsbooks, you’re going to get most of the value that you’ll get from line shopping. Just make sure that you have accounts at these sites already in case you need to get a bet in last-minute or before a line moves.

Low-scoring sports like hockey and baseball do have point spreads, but they’re almost always -1.5 and +1.5. Point spreads have an even tax on both sides because we expect each team to cover the point spread about 50% of the time. It’s impossible to separate sports betting in America and the point spread.

How Do Moneylines In Soccer Work?

For those new to sports betting, the point spread is the simplest, most straightforward approach to placing wagers. Spread betting gives you more excitement than any other kind of betting. A win in spread betting requires a combination of smart game planning and luck which will give you never experienced adrenaline rush. Here, the Packers are a three-point favorite, but bettors are being charged a premium to take them on the point spread. On the flip side, the sportsbook seems to be encouraging you to place a spread wager on the Seahawks with -105 odds. Here are a couple of mock outcomes for our matchup, each with a varying margin of victory.

betting the spread

Whatever the final score of the game turns out to be, New England will have 8 points subtracted from its total if that’s the side you bet on. If you bet on Buffalo’s side, the final score for the Bills will have 8 points added. If the final score results as in favor of New England, bettors holding a Patriots -8 ticket would win the bet because the Patriots won by 10. Bettors who wagered on the Bills +8 would lose because the Bills lost by 10. Sportsbooks use point spreads to handicap a matchup in an attempt to attract equal betting on both sides and even out the competition.

Betting Odds And Strategy

The lower-juice sportsbooks are normally found outside of the state Nevada. If you are in a state where sports betting is legal, please check out our online sportsbook directory to find the best and most secure places to make NFL bets. What makes point spread bets attractive are the fluid nature of each game – it’s a reality show that, when done right, is inexplicable. But, when it comes to point spread betting, you know where you stand at every moment. As we explained with moneyline betting, a negative (-) number of points indicates the favorite and a positive (+) number of points indicates the underdog.

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