Points Spread Meaning
Another unique point regarding set lines, is that they often carry odds as well as the handicap. For instance, you may see a set line for a huge favorite that is -1.5 @ 1.6. Meaning that you are both having to cover the set line spread, as well as laying odds much like you would if you were betting the moneyline. Point spread definition, a betting device, established by oddsmakers and used to attract bettors for uneven competitions, indicating the estimated number of points by which a stronger team can be expected to defeat a weaker team, the point spread being added to the weaker team's actual points in the game and this new figure then compared to the stronger team's points to determine winning bets. ‘Football point spreads are easier for the masses to understand.’ 2 Physics Physiology The spread of energy from a point source, especially with respect to light coming into an optical instrument or eye.
There are three primary reasons why so many people bet on football in the US. The first is simply that they love the sport and enjoy testing their knowledge by taking on the bookmakers.
The second is the fact that betting offers the chance to win some money from that knowledge.
The third is that it doesn’t have to be at all complicated. There are some really simple ways to bet on football without having to learn too much.
Out of all the different wagers that can be placed on football games, there are two in particular that are incredibly simple. These are point spreads and totals, and they are by far the most popular football bets.
In fact, the majority of people who bet on football exclusively use these two wagers.
If you’re new to betting on football, then these should be the first two wagers you learn about. With that in mind, this page will teach you everything you need to know concerning how they work.
We’ve also explained two specific techniques you can use to improve your chances of winning money from these bets: buying points and line shopping.
Football Point Spreads
Point spreads are popular wagers on a number of US sports: football and basketball in particular. The basic idea with these is that they are as close as possible to being even money propositions.
This means that, regardless of how strong each team is, a wager on either team has roughly the same chance of winning.
How is this possible? Well, the purpose of a point spread is to essentially level the playing field by making theoretical point adjustments to each team’s final score. For the purposes of betting, stronger teams are deducted points and weaker teams are awarded additional points. This might sound a little confusing at first, but the concept is actually a rather simple one.
Here’s an example of how a point spread betting market might look for a football game.
The -110 next to each team are the odds. Although they’re not always -110, these are the standard odds for a point spread. They can be a little higher or a little lower, but they’re always pretty close to -110. They’re also usually very similar for each team.
As they do for any wager, the odds here determine how much a winning wager returns relative to the stake. In this case, a wager of $110 would return a total of $210. This is made up of $100 profit plus the original stake.
You may know all this already, but it’s important for us to explain odds and how they work for anyone that’s completely new to betting.
The other numbers you’ll have noticed are the -3 for the Steelers and the +3 for the Bengals. These numbers are what represent the spread. We can tell from this that the Steelers are the favorites for this game, as the minus symbol represents the fact that they’re effectively being deducted points.
The Bengals are the underdogs, as they’re effectively being awarded points. Please note, these point adjustments were designed for betting purposes only, and they in no way influence the outcome of the game.
In this case, the bookmaker has predicted that the Steelers should win the game by around three points. To place a wager, you have to decide whether they will win by more than that total. If you think they will, you’d back them on this spread. If you think that they’ll lose the game, or win by less than three points, you’d back the Bengals on this spread.
Let’s now look at a couple of hypothetical results for this game.
The Steelers have won the game here, but only by two points. Anyone who bet the Steelers on the spread would have lost. This is because they failed to win by more than the three point spread. If you’d have bet on the Bengals on the spread, you’d have won.
Despite losing the game, they were within the three points allowed. This is known as “covering the spread”. Please note that if the Steelers had won by exactly three points, a wager on either team would be a push. This is basically a tie between you and the bookmaker that results in the return of your initial stake.
With this result, the Steelers have again won. This time, though, they’ve won by more than the required three points. Since the Steelers have covered the spread here, a point spread wager on them at -3 would win. A point spread wager on the Bengals at +3 would lose.
Here are two more examples of point spread betting markets for football games. These highlight how spreads are different for different games, and also how the odds can differ as we mentioned earlier.
Now, you might be thinking that it’s easy to back the right teams on the point spread. However, you would be wrong. Quite the opposite is true in fact, as it’s actually quite hard.
This is because the people setting these spreads (i.e. the bookmakers and their staff) are very skilled at predicting the likely outcome of games. They consistently set spreads which reflect the actual winning margins of games.
Sure they get it wrong sometimes, but they’re very close most of the time. For anyone who thinks they can make better predictions, all we can say is good luck.
The great thing about betting point spreads is that you don’t necessarily need to be better than the bookmakers. This is because you don’t have to make accurate predictions for every game. You only have to be able to identify the situations where you think a team is more likely to cover the spread than not.
It’s not quite that simple of course, but that’s the basic idea of betting point spreads successfully.
Totals are arguably the simplest wager of all. With these, you’re trying to predict whether the total number of points scored in a football game will be higher or lower than a specified number. This specified number is set by a bookmaker or betting site for each game, in the same way they set the point spread.
Here’s an example of a totals betting market, for the same game we looked at earlier.
As you can see, the odds are again -110. The same principles we discussed concerning how the odds relate to point spreads apply to totals too.
The other relevant number here is 40. This is what the bookmaker offering this market has predicted the combined total of the two team’s scores will be. You have to predict whether you think the actual score will be higher or lower than 40. If you think higher, bet the over. If you think lower, bet the under.
Let’s now look at the same two hypothetical results as earlier.
The total here is 34 (18 + 16). So it’s gone under the bookmaker’s prediction. Those who bet the under would have won. Those who bet the over would have lost. Please note that had the total been exactly 40, it would have been a push. This means that your initial stake would be returned, no matter which bet you placed.
This results gives us a total of 50 (27+23), which is over the bookmaker’s prediction. A bet on the under would have lost while a bet on the over would have won.
That’s all there is to football totals, so you can see why they’re considered such a straightforward wager. Making money from them is less straightforward though, as it’s not at all easy to predict how many points will be scored in a game of football.
Indeed, there are some people that say betting totals is basically just guesswork.
This isn’t true at all though. There are several strategies and techniques you can use to make informed judgments regarding totals. None of them are foolproof, but they can certainly assist you at finding good opportunities to make these bets.
The aim when betting on football is to find the best possible value when placing wagers. That is, in fact, the aim when betting on any sport.
Finding this value typically involves analyzing a wide range of factors that can affect the outcome of sports events, assessing the potential effects of those factors, and then trying to make accurate predictions about how likely any given outcome is.
This is certainly something you need to do when betting on football if you’re going to have a chance of long-term success. It’s also beneficial to know some other techniques that can help with finding value. One of these is buying points, which is a technique that can be used for both point spreads and totals.
The basic idea with these is that you can adjust the size of a point spread, or the relevant total, to give yourself a better chance of placing a correct wager. In exchange for such an adjustment, the relevant odds are also adjusted.
For example, let’s say you’re looking at a game where the underdog is +4.5 with odds of -105. You’re fairly sure they’re going to cover, but the margin is a little too tight for you. You decide that you’d be more comfortable with a slightly bigger spread, so you buy a point. Buying this point has the following effect.
- Spread moves up to +5.5
- Odds move down to -125
Now in order to win, the team you’ve selected can now lose by five points, whereas before they could only lose by four points. You’ve given yourself an improved chance of winning, and taken lower odds in return.
Typically, the effect of each half point you buy is a 10 point move in the odds. For some spreads, however, the move is greater. This is generally the case when moving spreads off of +/- 7 or +/- 3, as these are very common winning margins. As an example, let’s say you bought half a point on a team at -3 and -115.
This only gives you a very slight advantage. You previously needed your selection to win by more than three points, while exactly a three-point winning margin would result in a push. Now, winning by three points would be enough for your wager to win.
You’ve made a big sacrifice on the odds though, as they’ve moved from -115 to -135. It’s therefore questionable whether this would be the right thing to do.
Many experts suggest that buying points favors the bookmakers far more than the bettors. There’s an argument for this for sure. However, we believe that it can be the right thing to do in some circumstances. We explain why in our article on buying points when football betting.
The Importance of Line Shopping
While the benefits of buying points may be debatable, the benefits of line shopping are most certainly not. This is something that every football bettor should do for every wager that they place, even for those who bet exclusively for recreational purposes.
Why? Because it can make a major difference to how much a bettor wins or loses over time.
Line shopping is super easy to do. It involves simply looking at the odds and lines offered by different bookmakers and betting sites and then placing your wager where the best value is available.
Take a look at the following table for an example of why this is a good idea. It shows the markets at three different betting sites for the same game.
- Cincinnati (+3)-120
- Cincinnati (+3)-118
- Cincinnati (+3)-115
Let’s say you want to back the Bengals to cover. If you used “Betting Site A”, you’d have to risk $120 for the chance of winning $100. At “Site B”, you’d only need to risk $118 for the same potential win. At “Site C”, the required stake is just $115.
Not a big difference you might be thinking, but these kinds of differences over a lot of wagers can have a substantial impact on your overall profits (or losses).
Here’s another table showing different lines for another match.
- Minnesota (+5)-115
- Minnesota (+4)-110
- Minnesota (+6)-110
In this case, it’s not so much the different odds that you’re looking at but the different spreads. If you expected Seattle to cover, would you prefer to take them at -4 or -6? Obviously, you’ve got a much better chance at -4, so shopping around in this instance would give you a more favorable wager.
It’s not just point spread lines that vary either. The same thing applies to totals lines.
- Under 45.5-110
- Under 45-105
- Under 45-103
By shopping around for the best wagers, you gain a slight advantage in terms of either the total you’re betting against or the odds you’re receiving.
With the ease that online betting offers these days, there’s simply no excuse not to shop for the best odds and lines. All you need are accounts at a few different football betting sites, and then the willingness to spend time comparing their markets each time you bet.
Just make sure that you only use reputable sites, such as the ones that we recommend.
BEST FOOTBALL BETTING SITES
As recommended by GamblingSites.comThe point spread is probably the most common bet when you think of wagering on a single sporting event. That is because it's designed to bring the two teams to an even playing field through the use of a handicap installed by oddsmakers.
Without a points handicap, it would not make sense to pay both sides of a wager the same amount when it's clear that not all teams are on equal footing. In fact, it is entirely possible for a team to lose the game in real-life but still win a bet if they only lose by less than a set number of points. Vice versa, a team can win a game, but lose the wager if they do not win by more points than what was predicted.
Explaining Super Bowl 55 Point Spreads
Kansas City Chiefs -3.0
Tampa Bay Buccaneers -3.0
Looking at this point spread for Super Bowl 55, the Chiefs are seen as the favorites by three points. What this means is that the Chiefs would have to win the game by three or more points in order to cash out bettors who bet on the Chiefs. On the Buccaneers side, they would either have to win outright or lose the game by less than three points in order to pay out their spread bettors.
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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. But when wagering on the underdog, that team does not necessarily have to win the game to cover the line. For examples of point spreads and how those bets are won, please keep reading below where we give real-life examples explain betting odds for the spread in detail.
When Can The Spread Be Wagered?
The point spread might be the most common betting line for which people are familiar with. This is where the terms 'favorite' and 'underdog' are derived. But, when exactly can wagers on the point spread be placed? There are actually several points in time, and several different ways that a bettor can put action on the spread in a given matchup.
Obviously it starts with action before the game. Point spreads prior to the game will be available up until the start time before going off. Depending on the sports and league + which online sports betting site is consulted, point spreads can be up for days before the start to a matchup.
One of the nice things about online betting is that point spread wagering doesn't stop at the start of the game. With the advance in technology, bettors are able to place live wagers on the points spread, plus bet different spreads at different intervals in a game.
Beginning with live betting, point spreads are routinely adjusted predicated on the flow of the game, meaning how the favorite and underdog are performing. Live point spreads can come and go very quickly, with the potential for scores to change at any moment.
Betting the spread at different intervals in a game means that adjusted spreads are created during breaks, such as quarters or halves, and halftime lines. Oddsmakers will check out the game and how it went for a quarter or half, and then reinstall overall game lines, as well as point spreads for only that particular quarter or half.
How Do Half / .5 Point Spreads Work?
Oftentimes a point spread will not be a whole number, and will be accompanied by a decimal point and a half number. This can be significant for a point spread. Essentially what it comes down to is that a whole number point spread gives the opportunity for a wager to push. A push means that if the favorite is favored by 10 points and wins by 10 points, bettors get their money back. Just like when betting on the over/under total for points, the spread is a half-point in addition to the whole number, there is no chance to push.
Understanding Payouts When Betting On The Point Spread
The whole nature and goal behind the point spread, is to provide an even playing field for the favorite and the underdog. Obviously not every team is equal, so the point spread adjusts this. As a result, the payouts that are generally seen around a point spread is right around Even.
This is different from a moneyline, where payouts can vary greatly because there is not point spread that is installed. It is simply picking the winner straight up. Therefore, a bet on the favorite would not profit as high as it would betting the spread since no points are given. Payouts on the point spread are not always the same, but they do not vary like a moneyline.
Examples Of How The Point Spread Works
How To Read College Football Spreads
- Florida State Seminoles (-7)
- Florida Gators (+7)
Here in this example, the Florida State Seminoles have been set as seven-point favorites over the Florida Gators. That means, for the Seminoles to cover this spread, they will need to win the game by at least eight points to win the bet for a person who wagered on them.
Understanding The Spread In Football
On the flip side, the Gators are receiving seven points. They could lose the game by six points or less, and still win the betting line for a bettor who placed a wager on them.
If the Seminoles win by exactly seven points, then that would result in a push on the bet, with no payout and the bettor getting their money back.
How To Read NFL Football Point Spreads
Since betting on point spreads in the NFL is the most popular bet that people make, it is probably pretty important that you know what you are doing. The point spreads in the NFL are always alot closer then college football because you are dealing with the best of the best. You will almost never see a team favored by more then two touchdowns in the NFL, and most of the NFL point spreads are less then one touchdown. So, here is are best try at helping you understand how to read point spreads in NFL games.
Take this NFL point spread for example.
- Atlanta Falcons -3
- Carolina Panthers +3
Here in this point spread example for the NFL, the Falcons are playing the Panthers. Atlanta has been set as a three-point favorite on the betting line. That means that for Atlanta to cover the spread that has been set, they will need to win by at least four points. And for Carolina to cover the point spread, they can do so with a loss by two points or less, or obviously a win straight up. If the Falcons win by exactly three points, the bet would result in a push with no payouts.
NBA Point Spreads
- Orlando Magic -5.5 (-110)
- Chicago Bulls +5.5 (-110)
The Orlando Magic are playing the Chicago Bulls in this NBA point spread example. The Magic have been set as 5.5 point overall favorites according to this betting line.
For Orlando to cover the spread, the Magic would need to win by at least six points. For the Bulls to get the win against the spread, a loss by five points or less is needed.
Either the Magic's bettors or Bulls' bettors will get the result they need in order to win this bet because of the half point spread that is in-play; there can be no PUSH in this wager.
Bovada Sportsbook - Best Sports Betting Site For Betting On The Point Spread
The best sportsbook out there has to have a few things for it to be considered as one of the best online sportsbooks and Bovada more than a few. The point spread is just one that raises players' eyebrows and has them think about putting money on the line on these point sports. In both basketball and football and baseball, the point spread is the most important thing to pay attention to when it comes to wagering.
It is hard to say that even with a team be very start that it will be a blowout so most point spread would be pretty close to each other. With that being said, this is why using Bovada point spread is the best place to go. With a team like the Seahawks playing a team that they could easily blow out like the Miami Dolphins have very close point is there is without question an easy bet and easy money for fans to make. These are the kind of bets players need to take advantage of because once the games begin, there is no turning back. Bovada gives players plenty of chances to win big and it starts off with the point spreads offered.
SportsBetting's Sportsbook - Lots Of Betting Odds When Betting On Point Spreads
SportsBetting is the clutch sportsbook that a lot of players like to sign up for. There are so many great things that are offered here but the points spreads are one of the best that players will find if they are shopping for them while looking for an online sportsbook. While there are great bonuses along with great banking methods, the point spreads for all these games are important and are favorable for the players. These bets are the top way that players continue to cash.
The point spread is based on how good teams are and the matchup that is set up. Even those these teams could be a lot better than their competition, the point spread always for the most part are very close. This is great because sometimes this always gives the underdogs to cover with a close game and that could mean big money. Even betting on an underdog to cover the spread doesn’t mean that players pick that team to win the game and that’s why betting on point spreads is so profitable.
BetOnline Sportsbook - Point Spreads The Best On BetOnline
Point spreads are big to a lot of players because these could perhaps be the easier bets to win. This is because to win these bets, players don’t have to pick the actual team to win. With BetOnline, there are many point spread options and that goes through to every game and every sport. Players know that they can pick a team that could lose but cover the point spread and gets a huge payout!
Points Spread Meaning Match
The thing about these point spreads also here on BetOnline is that they don’t move much with the big news coming out for each team. This is why these betting options are the best to go for on BetOnline. The consistency is huge and also knowing that your team could lose but cover the spread is huge. Most of the team there is no major blowouts but when there is and you take a team to cover the spread, cash will be rolling in from BetOnline
MyBookie Sportsbook - Top Sportsbook With Point Spreads
There is no doubt that players like to place wagers on games point spreads which is why MyBookie makes sure to have the best point spreads than any other sportsbook out there. That is important and brings in more traffic for MyBookie. The thing that point spread is about is the hitting on the number the team is expected to cover. Betting point spread doesn’t really have anything to do with betting on a team to win.
Looking at both team's past offense experiences will tell players how to handle the point spread. The Cowboys are always in tight games so the point spread on their games are usually going to be very close. Players would see a game like the high scoring Cowboys game go down to the wire and a touchdown could determine if they hit the spread on not. Although their offense is good, their defense will help the other team cover the spread so betting on the opposite team hitting the point spread could be profitable for MyBookie players.
Ncaa Points Spread
Point Spread vs. Betting On The Moneyline
Betting on the point spread is completely different from betting on teams to win a game outright. Known as 'betting on the moneyline', instead of using points to handicap each side of the wager, the sportsbook will use greater payouts versus the amount risked to reflect their relative perceptions; teams not expected to win (underdogs) pay more, sometimes exponentially, than when betting on the favorite to win when wagering on moneylines.
While it makes more sense to have a point spread for sports with a lot of scoring like football and basketball, there are point spread bets for low-scoring sports at online sportsbooks. You may see NHL betting lines with one team favored to win at -2.5 and the same principles for how to cash in on that line are the exact same as other sports. Even MLS, Premier League, or other soccer matches come with a point spread. Most of the time that point spread is only a single point but there are times you may also find a team favored at -1.5. If you check out one of the online betting sites we recommend you will surely find point spread bets for these types of sports.