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»Point Spreads in Sports Betting.
Understanding Point Spreads in Football and Basketball.
Sports betting would be easy or maybe just easier if all that was required was to correctly pick the winning team. Gambling institutions, sportsbooks and bookies fall back on point spreads to make the process a little more difficult and to create the ultimate wagering challenge. You'll need a solid understanding of the point spread system if you hope to have a profitable season.
How the Point Spread Works.
The point spread is a handicap placed on one team for betting purposes only, it has no place in the game itself. It's designed to give both teams an equal chance at winning in the context of wagers. Think of it this way: If last season's Super Bowl champion was playing a basement-dweller team that hadn't won a game all year, that's a shoo-in bet. Of course, you're going to take the Super Bowl champs, and in all likelihood, you're going to win. What's the fun in that? Even your bragging rights would be next to nil.
But what if the basement-dweller team was spotted 24 points? That's the concept behind the point spread. When two teams meet on the football field or a basketball court, one team is typically better than the other. 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.
A Real Life Example.
The Carolina Panthers played the Denver Broncos in Super Bowl 50. 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.
If Carolina were to win 24-17, Panthers' bettors would win their wager. If the Panthers were to win 21-17, 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, 23-17, it would be a tie and all wagers would be refunded to bettors.
Money Lines Vs. Point Spreads.
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 2-1 favorite will pay out much less than a 15-1 longshot. This method also evens the playing field for bookies, sportsbooks and other gambling institutions.
Deciding when to bet using the point spread and when to use the money line is just one of the decisions bettors have to make on an ongoing basis if they want to play the game. There are no rules etched in stone.


What is Points Betting?
How To Use Points Betting At PointsBet.
Points Betting is a unique sports betting option available only at PointsBet Sportsbook (currently in New Jersey and Iowa). This kind of point spread wager is based on the margin of victory or loss and can be very volatile, depending on how much risk a bettor wants to take on a game.
During the first week of the 2019 NFL season, one bettor decided to take a massive leap into Points Betting. One massive bet on the Ravens gave a lot of exposure to this relatively new form of point spread betting.
This Points Betting wager was for $30,000 per point on the Baltimore Ravens -6 at Miami Dolphins. Unlike a point spread wager, the margin of victory in the game dictates how much the bettor wins or loses. The size of the win in this bet depended on the final score of the game. The Ravens covered and defeated the Dolphins 59-10.
The risk in this wager was capped at $600,000 for the bettor and PointsBet. Thanks to the unique wager and 49 point margin of victory, the bettor won $600,000. If this was a traditional -110 wager the bettor would have won $27,272.73. At the same time, this bettor could have also lost $600,000 if the result was reversed.
Points betting.
Points Betting is a unique way to wager on sports thats unique to PointsBet Sportsbook . Betting on point spreads with a -110 moneyline isnt for everyone. The traditional wager can seem boring since theres a fixed win or loss. Every point or yard in a football game could change how much is won or lost.
A Points Betting wager allows a bettor to win or lose based on the outcome of the wager . The excitement of not knowing the potential amount of a win (or loss) can be exhilarating. Whether the wager is based on a point spread, total, or player prop, the wager isnt known until the end of the game.
Point spread points betting.
Points Betting is different depending on the type of wager placed. Heres how a point spread wager would differ depending on the final score:
If a wager wins by one (1) point, a bettor would win 1x the original wager. If a wager wins by two (2) points, a bettor would win 2x the original wager. When a wager wins by wins by 10 points, a bettor would win 10x the original wager.
The same Points Betting multiplier rules apply if the wager loses by those points. If a bettor is on the wrong side of the wager they will lose the same amount.
The Ravens game versus the Dolphins had different parameters since the maximum win or loss was set at $600,000. The bettor had a 20x limit on their $30,000 Points Betting wager. This game was the largest payout in the short history of PointsBet operating in the US.
Points betting other markets.
Points Bet offers more wagering markets than many US sportsbooks. Including alternative game odds and player props, there are often more than 200 ways to wager on games at PointsBet. There are also Points Betting options for player or game prop bets.
This is where Points betting really becomes a wagering opportunity thats different from any other sportsbook. Here are some examples of individual Points Betting opportunities for football games:
Receiving yards: How many yards will Antonio Brown have versus the Dolphins? Fantasy Points: How many points will Odell Beckham Jr. score versus the Jets? Rushing yards: How many yards will Ezekiel Elliott have against the Redskins?
PointsBet will set a number and the person making the Points Bet will choose how much to risk above or below. The win or loss will be determined based on the final results of each player.
Points betting market limits.
Points Betting wagers can get out of control quickly as noted in the Ravens game versus the Dolphins. All Points Betting markets have a cap on the maximum win and maximum loss. This is different for each type of Points Betting scenario and is displayed on the bet slip.
The limits allow bettors to see potential winnings or losses. Predicting sports outcomes isnt easy or everyone would be a winner. Sometimes games have unexpected results. While a huge win is great, a huge loss can hurt a bettor beyond the wallet. The Points Betting market limits allow the bettor to see the potential loss and protect themselves by keeping a wager within budget.


Sports Betting 101: What does the point spread mean, and why do people bet it?
As a fan, you dont care if your team wins by a point or 100. A win is a win, though that 100-point win would be a little easier on the nerves.
In sports betting, how much a team wins by is usually all that matters.
The most popular way to bet for the two most popular sports, basketball and football, is with the point spread, also known as the side. Most baseball, hockey and soccer bets are on the moneyline, which is betting on a team to win straight up with adjusted odds. Football and basketball have moneyline bets available too, but most people will take the point spread.
The concept can be a bit confusing if youve never dabbled in sports betting before.
Why bet with the point spread?
The point spread was created to attract more action on a game. When the San Francisco 49ers are expected to blow out the Arizona Cardinals, its not enticing to lay $300 to win $100 on a moneyline. But when the 49ers are 11-point favorites and each side is -110 odds? Thats much easier.
Nothing sharpens your math skills better than trying to figure out how big your lead as a bettor is if you have a 22.5-point basketball underdog that is losing 90-72.
The problem with the point spread can be when a team which really doesnt care that you bet the favorite at -11 has a 14-point lead but gives up a meaningless score at the end to win by only seven points. Theyre still happy with the win. You, as a bettor, are not.
© Provided by Yahoo! Sports Sportsbooks have large boards that display point spreads for all games that day. (AP Photo/John Locher, File)
Point spreads lead to bad beats.
The most infamous example of a bad beat with the point spread probably came in the 2004 Final Four at the NCAA mens basketball tournament.
Duke was a 2.5-point underdog against UConn. The Huskies rallied late and took a 79-75 lead on a free throw with 3.2 seconds left. The game itself was over; Duke couldnt score twice in a few seconds. But Duke guard Chris Duhon pulled up for a running 3-pointer just over the half-court line and banked it in at the buzzer. Duke lost 79-78, but bettors who had Duke and 2.5 points won. March Madness is a huge event for bettors, and reports at the time estimated that Duhons meaningless shot resulted in a $30 or $40 million swing in Nevada. UConn players celebrated at the final buzzer. UConn bettors doubled over in pain. Thats the difference between betting the moneyline and the point spread.
Baseball and hockey have point spreads too, the run line in baseball and puck line in hockey. Its generally 1.5 with odds adjusting accordingly. Taking a big baseball favorite at -1.5 runs can make the odds more palatable. Of course, betting the New York Yankees at -1.5 to bring down the odds from -190 to -110 isnt too fun when they win 4-3 and you dont cash a bet.
Betting on the point spread is the most common way to wager on sports. And the first time you take a favorite that wins the game but doesnt cover the spread, youll understand every bettors heartbreak.


Point Spread in Sports Betting: Definition, Examples, How to Make a Super Bowl Spread Bet.
Jamie Squire/Getty Images. Pictured: Travis Kelce.
Learn about point spreads in football betting ahead of Super Bowl 55 between the Kansas City Chiefs and Tampa Bay Buccaneers. The point spread is the great equalizer, giving every team an equal chance to cash a bet for you.
Its impossible to separate sports betting in America and the point spread . 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.
Theyre the great equalizer, allowing bettors to wager on even the worst teams with some confidence.
So what is a point spread, how do you read it, and how to you make a spread bet? Lets dive in.
What Is a Point Spread?
Click a section to jump ahead. 1. Point Spread Definition 2. Point Spread Examples, How it Works 3. What Does -110 Mean Next to the Spread? 4. How to Make a Spread Bet.
Point Spread Definition.
A point spread is a bet on the margin of victory in a game.
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.
A minus sign (-) means that team is the favorite.
Heres how DraftKings displays its point spreads for football, with the point spread boxed in red.
Point Spread Examples, How it Works.
Lets use Ohio State at Penn State in college football as an example of how point spreads work.
The Ohio State Buckeyes are -6.5, meaning theyre the favorite. Remember that minus sign means theyre favored, and therefore the perceived stronger team.
The Buckeyes need to win by 7 points or more for their bettors to win.
What Does -110 Mean Next to the Spread?
You can read more about how to read American odds, but the number next to the spread is the juice associated with that bet. Most spread bets will be -110, so the sportsbook takes a 10% cut.
That means for every $1 you want to win, you have to risk $1.10. So if you want to win $20 on a bet, youll have to risk $22.
If you bet $22 on Ohio State -6.5 and the Buckeyes win by 10, youll win $20. If they only win by 5, you lose $22.
Point spreads have an even tax on both sides because we expect each team to cover the point spread about 50% of the time.
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.
How Do I Make a Spread Bet?
Its easy to bet point spreads at a book like FanDuel or DraftKings. Heres how it works:
Navigate to your desired sport. Click on the spread you want to bet in the game module (it will be lined up with the team you want to bet). Head to the bet slip on the right side of the page (on your phone, it will pop up automatically). Click Login to Place Bet and login, then submit your bet.
How Are Point Spreads Made?
We could write another 5,000 words about how point spreads are truly made, but in the simplest terms, its a 3-step process.
Oddsmakers build mathematically-driven ratings for each team before the season and continue to tweak them as games are played. They use those ratings, plus factors like home-field advantage, rest, and injuries, to create a point spread in advance of a scheduled game. Bettors then begin wagering on that initial point spread, which will influence the spread and move it to the most accurate possible number.
What Does Covering the Spread Mean?
Covering the spread is another way to say that a team won a point spread bet. In the above example, Ohio State winning by 7 points or more as a -6.5 favorite means they covered the spread.
If Penn State lost by 6 points or fewer, or won the game, they covered the spread.
ATS Definition.
What does it mean when a team is 9-2 ATS this season? ATS stands for against the spread. So an ATS record is simply wins and losses against the spread.
Run Lines & Puck Lines, Defined.
In hockey, a spread is referred to as the puck line. In baseball, its the run line.
The odds are just changed depending on the ability of the team you wont get -110 on both sides.
So youll get paid less for betting the Yankees -1.5 against the lowly Orioles than you would for betting the Yankees -1.5 against the Astros, when the two teams are more evenly matched.




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