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.
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.
How does the spread work in college football?
College Football Spread Betting
Instead of betting on one of the two teams in a game to win straight-up, the favorite (the team considered most likely to win) is given a handicap of a certain number of points. This is known as the spread, and you bet on one of the two teams to cover the spread rather than win outright.
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.” This is a very common bet in basketball and football games, but it is seen in other sports as well.
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 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 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.
What if point spread is a tie?
On occasions the point spread will be a whole number, for example eight, which means that it is possible for the game to end in a tie after the point spread has been applied. If the game does indeed end in a tie, then the bet will be considered a push, and your stake will be returned with no winner and no loser.
How often does the favorite win in college football?
During the regular season, underdogs win 23% of games outright. In bowl season, they win almost 37% of the time.
What does a +200 money line mean?
For example, a money line of +200 would mean that you would make a profit of $200 if you bet $100 and were correct. … For example, a -200 money line means you would win $100 if you bet $200 and won. It is also equivalent to fractional odds of 1/2 and decimal odds of 1.5.
Who will cover the spread meaning?
You may have heard the term “covering the spread” or the phrase “betting against the spread.” This means that if the favorite team wins an event with the point spread taken into account or that the underdog team wins with additional points, they have covered the 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.
What does beat the spread mean?
Someone betting on the game would have to pick one of the teams. … A team can lose a game but beat the spread. For instance, in this example, a three point loss by Detroit would be considered to be “beating the spread”.
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.
How is the spread calculated in football?
Pythagorean Formula and Spread Value
Each half win is worth 1 spread point. For example, a team with a projected win total of 9 would be favored by 3 points on the spread over a team with a win total of 7.5.
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.