Define spread betting

The three main key numbers in NFL point spread betting are 3, 7 and 10, representing a field goal, a touchdown and a field goal plus a touchdown. The two most common margins of victory are three and seven points because of the type of scoring in the NFL. The most common betting line for a point spread is A line on either side is like paying a tax or commission to the sportsbook.

Bettors would pay 10 percent aka juice to the sportsbook, which is essentially a fee for brokering the wager. For example, if you see If you see There are three potential outcomes of your point spread wager: you win, you lose or you push a tie. Typically, a point spread has odds of for either side of the bet. In the example above between the Cowboys and Giants, the point spread is 4. A moneyline wager is a bet placed on who will win or lose a game or contest regardless of spread. The payout is simply This is very different from the spread, which oddsmakers set to make the teams competing as even as possible, taking into account the perceived strengths and weaknesses of each side.

A favorite will always be surrendering points, i. This basically defeats the purpose of the spread and makes it so that the moneyline is the only bet available in most cases. What is a Spread Betting Example? The Heat are listed as nine-point favorites, drawing a spread of If the Heat win the game by more than nine points, they will be the winning side against the spread ATS. If the Magic lose the game by fewer than nine points or win the game outright, they will be the winning side against the spread.

In the event that the final score results in the Heat winning by exactly nine points, i. Reading a Point Spread Point spread bets are appealing because of their simplicity. In addition to the spread number, there are also odds attached to each spread.

The vigorish, also known as juice, can be seen on each spread bet before placing your wager. This ensures that bettors are laying far less juice to make these types of bets than they otherwise would on something like a lopsided moneyline. It can be seen in other sports, as well. For the favorite to cover, they must win by more than seven points.

This means that the underdog must win outright or lose by exactly one point to cover the spread. Many baseball games are decided by fewer than two runs. Depending on whether you are a bettor who looks to win one unit on a bet or you wager a unit on all bets, this has a significant impact on how much you can make on an individual wager against the spread.

A unit is simply a predetermined dollar figure for your standard wager. This helps bettors minimize risk on any one bet, as sports betting has high variance.

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