Jan 07, 2021 Spread betting is a derivative strategy, in which participants do not own the underlying asset they bet on, such as a stock or commodity. Rather, spread bettors simply speculate on whether the. How Does The Point Spread Work? When wagering against the spread, you bet on the team that will cover the betting line, and not necessarily win the game. Obviously, by taking the favorite, a bettor believes that a team will not only win the game but also win the game by a certain number of points to cover the betting line.
- Nfl Spreads Explained
- How Does Spread Betting Work In Hockey
- How Does Spread Betting Work Nba
- Betting The Spread In Football
With spread betting, how much you win or lose is determined by how accurate you are. There are a great deal more than just two possible outcomes with spread betting and the more right you are, the more you win. By the same token the more a result goes against you, the more you stand to lose. The University of Utah on Instagram: “Since Arts Bash can't.
How do NFL Point Spreads Work?
(The Spread) - Are you wondering how do NFL Point Spreads work? The 2012 NFL regular season is almost here as bettors can hardly wait to get in on the action. The NFL is one of the biggest sports to bet on as it offers multiple betting options, like betting on the point spread, the over/under and picking the moneyline winner. In this article I will explain how NFL Point Spreads work.
This is basic information that you must know in order to make informed bets. A Point Spread is a range of numeric outcomes expressed in points and the bet is whether the outcome will be above or below the spread. This is where the pay-off is based on the accuracy of the wager, rather than a simple 'win or lose' outcome, such as fixed-odds (or money-line) betting. The point spread is essentially a handicap towards the underdog. The wager becomes 'Will the favorite win by more than the point spread?' Instead of a win or lose scenario. The spread is intended to create an equal number of wagers on either side for the bookmaker, where the implied probability is 50% for both sides of the wager.
Here is how the point spread works. Say the New England Patriots are playing the Pittsburgh Steelers and NFL oddsmakers have New England as -4 point favorites over the Steelers. This is how that would look on a betting website.
New England Patriots -4 (-115)
Pittsburgh Steelers +4 (+105)
This means if you pick the Patriots (-4) to cover the spread, the Patriots would have to win by more than four points. If the total at the end of the game is Patriots 25 Steelers 15 you would win. If you picked the Steelers (+4) to cover the spread, the Steelers would have to come within four points of the total score at the end of the game. So if the score at the end is Patriots 25 Steelers 24, you would win. Spreads are frequently, though not always, specified in half-point fractions to eliminate the possibility of a tie, known as a push. In the event of a push, the game is considered no action, and no money is won or lost.
The numbers in the brackets beside the NFL Spreads in the example above represents the amount you’d have to bet and the amount you would win. Since the Patriots are “The Favorites” you would have to bet $115 to win $100. If you picked “The Underdog” Steelers to cover the spread, you would have to bet $100 to win $105.
Doing some research before making a bet is smart and advantageous. If a certain team is an underdog, but is on a winning streak, you might want to go with the underdog where you bet minimal money to win big money. There’s nothing like the feeling of picking the underdog and winning, especially if they’re up against a heavy favorite. Sometimes talented players get hurt and will miss a game or two. This can also help you in your decision. Research when the last time this player, or players, where last out of the lineup and see how there team did. Did they lose or win without them?
Nfl Spreads Explained
Betting on sports is never a “Sure Thing” but doing your homework and analyzing team and player stats can definitely increase your odds.
Want More From TheSpread.com? Follow us on Twitterand Facebook or Subscribe to Our News Feeds!
If you've never set foot in an actual sportsbook before or logged into an online sportsbook, the chances of you getting overwhelmed when you actually do are very high. In an actual Las Vegas sportsbook, there is typically a lot of commotion, and the odds and lines are displayed on a massive digital board for everyone to see. When a novice sports bettor looks at the massive digital signage, they will see a bunch of numbers, both positive and negative, some two digits, some three digits. They also won't have a clue what any of it means. The same can be said for the online sportsbooks. It essentially looks like a massive spreadsheet with negative and positive numbers beside each teams' name. Real vegas online 1000 free.
How the Point Spread Works
The easiest way for me to describe what all these numbers mean to you is to define it as point spread betting . Point spread betting is the most popular way to bet on the NFL and NBA, and it is a way for a sportsbook to generate betting interest on both sides.
When two teams square up for a matchup, whether that be on the gridiron or on the basketball court, one team is typically better than the other (for whatever reason you want to believe). Since sportsbooks are in the business of making money, they tag the better team with a point spread, thus making them the 'favorites' to win that specific game. Normally, the favorite has a few favorable factors working for them like playing at home or being well rested or playing a revenge game against a team that previously beat them. Every factor counts in the world of betting, and it's up to you to decide if the 'favorite' can, in fact, cover the point spread.
If sports betting were an easy hobby, we would take the better team (playing at home) every single time and collect our winnings. But sportsbook adjust and price the money line astronomically high (depending on how much better they are than their opponent), and it simply is not worth it to lay that kind of juice.
Hypothetical Point Spread Scenario
Let's use the 2019 Super Bowl matchup between New England and Los Angeles as an example.
Moments before kickoff, sportsbooks were sitting with New England -2.5 or Los Angeles +2.5. This is what it would look like online:
Los Angeles +2.5 (-110)
New England -2.5 (-110)
How Does Spread Betting Work In Hockey
This is what it would look like in a Las Vegas sportsbook:
501. New England Patriots -2.5 (-110)
502. Los Angeles Rams +2.5 (-110)
Using the example above, the linemakers have determined that the New England Patriots are two-and-a-half-point favorites over the Los Angeles Rams. The favorite team can also be referred to as the chalk . The favorite will always be represented by a negative (-) number, while the underdog will always be represented by a positive (+) number.
Based on the line above and which team you decide to bet on, the Patriots must win by three or more points in order for those with a Patriots (-2.5) ticket to be declared a winner. As long as the Patriots win by three or more points, the final score itself does not matter. A 3-0 win is just as much a winner as a 34-31 win.
However, if the Patriots were to win the game by two points or less, then all Patriots backers can toss their tickets in the trash. A 30-28 or 21-20 Patriots win would cash the tickets with Los Angeles +2.5 on them. A Rams outright win as two-and-a-half-point underdogs would also do the same.
The same rules apply to the NBA as well. The favorite must win by more than the line dictates, while the underdog must stay within the number or win the game outright.
Standard Point Spread Line
The standard price to pay when betting on point spreads is (-110). This is the sportsbooks way of ensuring a profit no matter which side covers the spread. The extra 10 cents is also known as the 'juice' or 'vig' . Paying the extra 10-cents is like paying a tax or commission to the sportsbook for brokering the bet.
The -110 line means that in order for you to profit $100, you must wager $110. Some sportsbook offer something called 'reduced juice' , which means that you can still profit $100 but the risk is a few dollars less.
For example, if you see reduced lines such as -7.5 (-105), that means that you must risk $105 dollars in order to profit $100. If you see -7.5 (-102) then you must bet $102 in order to profit $100. It may not seem like a big deal at the time, but saving a few bucks each time over the course of the season can really help your bankroll.
How Does Spread Betting Work Nba
Which brings me to my next point. If you are serious about getting into sports betting, it is vital to have more than one sportsbook to make a wager at. Shopping around for the best lines will help your bankroll, and you will be able to turn a bigger profit. If you see a pair of sneakers for $110 at one store, and the exact same pair is $102.99 at another store - which store are you buying them from?
Betting The Spread In Football
Doc's Sports is offering $60 worth of member's picks absolutely free - no obligation, no sales people - you don't even have to enter credit card information. You can use this $60 credit any way you please for any handicapper and any sport on Doc's Sports list of expert sports handicappers. Get $60 worth of premium members' picks free .