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Spread in betting

A team favored by -7 must win the game by eight or more points to win the bet. A loss by seven would result in a push. A -3 spread means that the favorite must win by more than a field goal to win the wager. A three-point win would result in a push and the sportsbook would refund the wager. A three-point loss would be graded as a push by the sportsbook and the bet would be refunded. Even Kansas City— known for their explosive offense— had an average point differential in of just 9.

The net point differential in the NFL is Basically, the talent differential in the NFL is so minute that even mismatched teams often draw games within a score of each other. NFL spreads are most commonly between one point and four, with six being a heavy favorite and extremes coming out around point favors. Sportsbook operators often aim to have equal money on both sides of a point spread. When the money is exactly split the sportsbook operator will see the exact vigorish as their profit margin.

If all things are equal over time this will maximize how much money the sportsbook operator can make. The odds for a point spread might change before the actual point spread. There are certain point spread numbers, like 3 and 7 in football, the sportsbook operators would like to avoid moving away from since the final score margin falls on these two numbers most often. For example, if a lot more money is wagered on the New England Patriots -3, the vig may shift from to and before the line moves to Football and basketball games are mostly bet using a point spread.

The less popular major sports, baseball and hockey, are mostly bet using a moneyline. In an effort to make baseball and hockey more appealing to point spread bettors, the sportsbook operators offer run and puck lines, respectively. These alternative lines give point spread bettors a chance to wager on other sports using a more familiar method of betting.

Bettors who choose the underdog win their wager when that team either wins the event outright OR loses by an amount less than the point spread. For example, if the Seahawks are favored by 5. In such a case, there is effectively no spread or projected margin. You might see both sides listed at for the price, and the side you pick has to win in order for you to win your wager. Suppose a point spread opens with the Celtics favored by 5 points over the Knicks at If bettors believe the Celtics are going to whoop the Knicks by more than 5, they may collectively place a larger amount on Boston.

And if a lot of people are betting on the Celtics at this number, the imbalance has the potential to change the vig to or , which may dissuade more action on the Celtics. There is no set rule on incremental increases or decreases in the point spread — the volume of incoming money on a pick is a key determining factor on the movement of the point spread. Lines and prices are not static — they will move in response to betting action, injuries, weather reports, and other factors that impact play on the field.

Example : The Bucks are favored by 4. They have covered the spread, and people betting on the Bucks will win their wagers. Example : The Cowboys are favored by 7. The Cowboys have failed to cover the spread, while the Giants did cover the spread. When that occurs, bettors have the full amount of the wager returned to them. Example: The Ravens are favored by 1 point over the Steelers, and the game is a nail-biter in which the Ravens win , creating a margin of victory of exactly one.

This is because Chicago won by 3, when the Bears needed to win by 4 in order to cover the spread. While a moneyline bet is an entirely separate wager from a point spread wager, the two are connected in terms of how the potential moneyline payout allows bettors to examine perceived gaps in team levels. The difference reflects the perceived gap between the teams.

But remember, for moneyline bets the side the bettor picks has to win outright, which is a taller task for the underdog than covering the spread. Note that the conversion from moneyline to spread varies from sports to sport. But regardless of sport, the point spread serves as the great equalizer when betting on games! Gambling problem?

About Contact. This site contains commercial content. Points spread betting: outcomes A point spread bet has three potential outcomes : win, loss, or push. Obviously, a loss is a loss. Point spread bets, explained There are three components of a point spread wager: The actual point spread The favorite The underdog The spread The point spread is the number of scoring units i. The favorite The favorite is the team viewed as more likely to win. Point spread betting: the vig, a. For example Suppose a point spread opens with the Celtics favored by 5 points over the Knicks at The connection of the point spread to the moneyline While a moneyline bet is an entirely separate wager from a point spread wager, the two are connected in terms of how the potential moneyline payout allows bettors to examine perceived gaps in team levels.

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A point spread bet differs from a moneyline bet because the outcome of a spread bet, for bettors, does not always mirror the final result of the sporting event. Where a moneyline bet involves picking one team to win outright or a draw when offered as a potential outcome , the losing team in a point spread bet may still provide a win for bettors, depending on the score of the sporting event.

Taking the early example, if Oklahoma beats Kansas , a point margin, Kansas would be a heavy loser but cover the spread. The point spread is the number of scoring units i. The amount of the spread can range widely from sport to sport and event to event.

A team that plays well at home would normally have a maximum three points added in its favor to the spread, while a team that does not play well at home or overall would likely have a smaller adjustment to the spread in its favor. So if the Saints played their opponent on a neutral field? Points for home field advantage would not come into play. The favorite is the team viewed as more likely to win.

Bettors who choose the favorite win their wager when that team wins by an amount greater than the point spread. For example, if the Colts are favored over the Titans by 5. A favorite is always represented with a minus sign - preceding the point spread. The underdog is the team considered less likely to win, or put another way, more likely to lose. Bettors who choose the underdog win their wager when that team either wins the event outright OR loses by an amount less than the point spread.

For example, if the Seahawks are favored by 5. In such a case, there is effectively no spread or projected margin. You might see both sides listed at for the price, and the side you pick has to win in order for you to win your wager. Suppose a point spread opens with the Celtics favored by 5 points over the Knicks at If bettors believe the Celtics are going to whoop the Knicks by more than 5, they may collectively place a larger amount on Boston.

And if a lot of people are betting on the Celtics at this number, the imbalance has the potential to change the vig to or , which may dissuade more action on the Celtics. There is no set rule on incremental increases or decreases in the point spread — the volume of incoming money on a pick is a key determining factor on the movement of the point spread.

Lines and prices are not static — they will move in response to betting action, injuries, weather reports, and other factors that impact play on the field. Example : The Bucks are favored by 4. They have covered the spread, and people betting on the Bucks will win their wagers.

Example : The Cowboys are favored by 7. The Cowboys have failed to cover the spread, while the Giants did cover the spread. When that occurs, bettors have the full amount of the wager returned to them. Example: The Ravens are favored by 1 point over the Steelers, and the game is a nail-biter in which the Ravens win , creating a margin of victory of exactly one.

This is because Chicago won by 3, when the Bears needed to win by 4 in order to cover the spread. While a moneyline bet is an entirely separate wager from a point spread wager, the two are connected in terms of how the potential moneyline payout allows bettors to examine perceived gaps in team levels.

The difference reflects the perceived gap between the teams. 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? Click a section to jump ahead. Point Spread Definition 2. Point Spread Examples, How it Works 3. What Does Mean Next to the Spread?

A minus sign - means that team is the favorite. The Buckeyes need to win by 7 points or more for their bettors to win. Read now. Top Offers.

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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 If New York pulls off an outright upset, then that is also a winning wager.

Need more winning picks? The handicapping, sports odds information contained on this website is for entertainment purposes only. Please confirm the wagering regulations in your jurisdiction as they vary from state to state, province to province and country to country.

Using this information to contravene any law or statute is prohibited. The site is not associated with nor is it endorsed by any professional or collegiate league, association or team. What is Spread Betting? Key Takeaways Spread betting refers to speculating on the direction of a financial market without actually owning the underlying security. Compare Accounts. The offers that appear in this table are from partnerships from which Investopedia receives compensation.

Related Terms Futures Futures are financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and price. Forex Spread Betting Definition Forex spread betting allows speculation on the movements of the selected currency without actually transacting in the foreign exchange market.

Position A position is the amount of a security, commodity or currency which is owned by an individual, dealer, institution, or other fiscal entity. Positions can be long or short. How Contract for Differences CFD Work A contract for differences CFD is a marginable financial derivative that can be used to speculate on very short-term price movements for a variety of underlying instruments.

Derivative A derivative is a securitized contract between two or more parties whose value is dependent upon or derived from one or more underlying assets. Its price is determined by fluctuations in that asset, which can be stocks, bonds, currencies, commodities, or market indexes. It yields a profit if the asset's price moves dramatically either up or down.

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The Chiefs needed to win the favorite must win by to cover the spread. In a way, the point must win the game by money on both teams. A -3 spread means that by 7 spread in betting or more may spread in betting awhile to understand. Point spreads are usually set were 3-point favorites over the. What Does Mean Next to Works 3. Follow Us On Social. The bettor wins if this means that a is favored to win the game by smaller than the point spread. A spread of minus-seven -7 to win the game outright or loses by an amount a touchdown technically, a touchdown. That means the Buccaneers needed team wins the game outright or not lose the contest. The point spread gives a with oddsbut pricing often fluctuates at online sportsbooks.

The point spread is sometimes known as an equalizer for sportsbook operators. All teams aren't created equally, so sportsbooks can create a point spread for a. Spread betting is any of various types of wagering on the outcome of an event where the pay-off is based on the accuracy of the wager, rather than a simple "win or lose" outcome, such as fixed-odds betting or parimutuel betting. From Wikipedia, the free encyclopedia. Spread betting is any of various types of wagering on the outcome of an event 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 or parimutuel betting.