When betting on the spread, you’re betting on a team to either win by a certain point margin, or a team to lose by a certain margin (or win outright). The spread is the great equalizer in sports betting.
What does a 4.5 spread mean?
As you can see, Dallas is the 4.5-point favorite, which means the Cowboys would need to win the game by five points or more to win the bet. Conversely, New York is a 4.5-point underdog, which means to win the bet the Giants would need to win outright or not lose the game by more than four points.
What does the spread mean in football?
The spread, also referred to as the line, is used to even the odds between two unevenly matched teams. … In a spread bet, the odds are usually set at -110 on both sides, depending on the sportsbook and state. That means whether you bet the Colts -3 or Texans +3, you’ll win the same amount of money if you win the bet.
What does a +1.5 spread mean?
Setting the line at just 1.5 does mean that these two teams are extremely close. This is what is called a “spread” bet, or “betting against the spread.” … I this case, the Chicago Bulls would have to win the game by at least two points to be declared a winner of the bet.
What is 2.5 point spread?
With the spread set at 2.5 points, a bet on the Cowboys would mean that they would have to win by more than 2.5 points (3 or more) in order for you to win that bet. … If you were to bet on Dallas you would need the Cowboys to win by 4 or more points.
What does cover the spread mean?
The point spread: When betting on football, the team you bet on must “cover the spread.” This means the team must win or not lose by a predetermined margin of points.
What does a +7 spread mean?
A 7-point spread simply refers to the number of points posted alongside a team’s odds of winning. When there is a 7-point spread, it means that the favorite team needs to win by more than 7 points to win the bet. It also means that the underdog can lose less than 7 points to win the bet.
What does a negative point spread mean?
The favorite in a game is listed as being minus (-) the point spread. The worse of the teams playing in the game is called the underdog. The bettor wins if this team wins the game outright or loses by an amount smaller than the point spread. The underdog in a game is listed as being plus (+) the point spread.
How do you play point spread?
How to play POINT SPREAD in 5 steps
- Buy your ticket. Take your completed selection slip or PRO•LINE App picks to your OLG retailer to buy your ticket. …
- Set your play budget. …
- Choose your sport. …
- Select your wager. …
- Make your predictions. …
- Buy your ticket. …
- Set your play budget. …
- Choose your sport.
Why would you bet on negative odds?
Negative numbers signify the favorite on the betting line. The negative number indicates how much you’d need to bet to win $100. If the number is positive, you’re looking at the underdog, and the number refers to the amount of money you’ll win if you bet $100.
What is a parlay mean?
Definition of parlay (Entry 2 of 2) : a series of two or more bets so set up in advance that the original stake plus its winnings are risked on the successive wagers broadly : the fresh risking of an original stake together with its winnings.
How do you bet the money line?
Compare moneyline odds at sportsbooks
Even non-gamblers make moneyline bets. Betting the moneyline for a game is possibly the most simple way to wager on sports. Bettors just choose a player or team to win. If the bettor chooses the winning side, the sportsbook will pay the amount due.
What is Money Line?
A moneyline bet is the simplest and most straightforward wager in all of sports betting. It is a bet that has potentially two or three outcomes depending on the sport. When there are two players or teams listed on a moneyline bet, bettors are choosing one player or team to win.
What happens if a team wins by the exact spread?
NOTE: If the favorite won the game by the exact amount indicated by the spread, the game ends in a tie (or push) and all money is refunded. You do not win or lose any money.
What does the spread mean in gambling?
An abbreviation for “point spread” or another term for “line.” The “spread” is the betting line or odds used to determine the parameters for wagering on either the favorite or underdog in a sporting event. Wagering on a spread is intended as a method to incentivize betting on both sides of the competition.
How do you pick over NFL?
To make this type of bet, you’re looking for the total number of points scored by both teams in the matchup. If the total points scored is more than the oddsmaker’s set number, the OVER is a winner. Likewise, if the teams score fewer combined points than the total, the UNDER wins.