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The two most common margins of victory are three and seven 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 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 losing bet is quite simply you betting on the Cowboys You lose the money that you placed on that bet. In these cases, there may not even be a point spread available for the game and you can only bet on the moneyline. This is a very common occurrence in sports betting and sportsbooks have the full right to shift the spread or odds for any given match prior to its start.
Many factors can influence a change of the spread such as injuries, the number of bets coming in for either team or the weather, to name a few. Depending on the timing of placing the bet, the bettor can also have an advantage or a disadvantage depending on which way the spread has shifted. If bettors had wagered on Dallas on Monday, that means they would be at a disadvantage compared to bettors who waited until Thursday because the Thursday bettors now only need Dallas to win by four points instead of five.
But it can also go the other way:. Yes, in fact, sportsbooks also release spreads for different points in the match like after the first quarter or first half, which is called live betting or in-game betting. As you can see, Dallas is a 2. Look for key numbers such as five and seven because they tend to represent two- and three-possession games. In both cases, the spread is almost always Read on for the complete explanation of each of these concepts.
The point spread is the projected number of points that separate two teams. A game with a spread will have a favorite the team expected to win and an underdog the team expected to lose. In the example above, the point spread is 7 points. Patriots are favored by 7 points against the Jets. If they lose by exactly 7 points, the bet is considered a push and is canceled. If you bet on the Patriots -7, they must win the game outright by more than 7 points. The 3-digit numbers to the far right are the listed prices for these bets.
This is also called the odds, vig, or juice. We will cover those in more depth when we talk about money lines. The price of the bet has no impact on which team is favored. Only the plus or minus on the point spread matters. This is handled differently when you bet strictly on the moneyline.
A moneyline bet is on a team to win the game outright without a point spread at an adjusted cost. Just like with point spread betting, the favorite will have negative odds, while the underdog will have positive odds. The difference here is in the price or payout depending on which team you take. A favorite e.
Patriots on the money line works just like our bet price example above. This added risk is why betting the spread is usually more popular, especially on favorites. Underdogs e. This type of bet is on the sum of the points scored by both teams in a game. The bookie sets the number for the total, then you predict whether they will score more or less points than the set number.
If you project the Jets and Patriots to combine to score more than If you think they will score less than
They will forever be linked. Point spreads are most commonly associated with higher-scoring sports like basketball and football , but can be used in any sport. So what is a point spread, how do you read it, and how to you make a spread bet?
The stronger team or player will be favored by a certain number of points, depending on the perceived gap in ability between the two teams. The Ohio State Buckeyes are You can read more about how to read American odds , but the number next to the spread is the juice associated with that bet. When betting moneylines — which requires you to pick the winner straight-up — you can get bigger payouts because the likelihood of the worse team winning the game outright is much lower than it just covering the spread.
In the above example, Ohio State winning by 7 points or more as a What does it mean when a team is ATS this season? Sports Betting. Best Books. Pictured: Travis Kelce. Steve Petrella. Download App. What Is a Point Spread? If all bettors had to do was to pick the winning team, everybody would simply wager on the best team and collect their money.
Gambling institutions, sportsbooks, and bookies would soon go broke. Few people doubted that Carolina was the better of the two teams, so the majority of bettors would have taken the Panthers if they had only been required to pick the winning team. So the sportsbooks and bookies created a point spread to make both teams equally attractive in the eyes of bettors. Carolina was installed as a 6-point favorite, which is commonly written as Carolina If you bet the favorite, the Panthers would have to win by 7 points or more for you to win your wager.
And remember, the Panthers are favored by 6 points, so we have to subtract 6 points from their final score for betting purposes. If Carolina were to win , Panthers' bettors would win their wager. If the Panthers were to win , Carolina bettors would lose because they did not win by more than those 6 points.
If you bet the underdog, you'd win your bet if the Broncos won the game outright or if they lost by 5 points or less. Because the Broncos are the underdogs, we would add 6 points to their final score for betting purposes. If the Panthers were to win the game by exactly 6 points, , it would be a tie and all wagers would be refunded to bettors. You'll also usually be given the option to wager on the game with the money line in football and basketball. In this case, all you have to do is pick the winner of the contest, but there's one drawback.
If you bet on the team that's expected to win, you can find yourself risking much more money than you stand to win. Each team is assigned odds, much like in a horse race where a favorite will pay out much less than a longshot.
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