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When a team won the bet, it is said that the team covered the spread. Thus, cover in betting refers to 'cover the spread' -- when a team wins for its bettors after the application of the point spred. To further illustrate how point spread betting works, we'll dive in to show you all there is to know to get you started straightaway!
Alright, so you're into wagering, and you're already familiar with moneyline betting. Sports bettors in the United States prefer to wager on the point spread. But how does it work? Let's start with a simple definition of the point spread. The spread is a median number, calculated by the bookmaker, which has as its objective the equal division of money wagered on both the underdog and the favorite.
Point spread betting is most popular in football and basketball since there are lots of points scored in those games. It's also possible to make spread wagers in hockey and baseball, as well, but in a different form we'll dive into that later.
For now, we'll zoom into the way the number works -- how to read the point spread betting lines. The betting lines for this NFL game might look like this:. As you can, two teams are competing against each other here. One carries a plus sign, while the other a minus sign alongside the spread number. The favored team is the Dallas Cowboys, and the Philadelphia Eagles are the underdog. The number represents the amount of points to be applied to the final score to determine the point spread winner.
For the Cowboys, they need to win by more than 3. The Eagles, on the other hand, need to either win the game outright, or lose by less than 3. Here, the Cowboys could earn a narrow win by just two points, and fail to cover the 3. You're in this to make money, so we'll show you just how to calculate the amount of money you can win. You must understand that the betting odds for point spreads are generally close to Now, let's take the previous example and add the betting odds:.
In this example, you'll see two different odds for each team. Thus, the lower your odds, the less risk you have to take with your bet to secure a nice payout. Most sportsbooks will set the betting odds for a point spread wager around , but they have the latitude to adjust the odds, as needed, to balance the betting action. It goes without saying that some sportsbooks have better odds for their players than others.
BetAnySports , for example, is our 1-rated sportsbook, primarily because it has reduced juice. Unlike most other sportsbooks that have standard odds, BetAnySports offers its players juice on football and basketball games, which is a major benefit.
Point spreads incorporate a half-point system. This has a dual function. Most importantly, it allows a bookmaker to more easily balance its books on a particular game. And a secondary function is that it eliminates any chance of the game resulting in a tie, and thus the bet 'pushing. There are sports all over the world. And even though football and basketball are prevalent in the States, it's not that way throughout the world.
Indeed, there are millions of fanatic soccer fans who eagerly watch the English Premier League. And sports like hockey and baseball are also very popular. If the Lakers won by exactly six points, the bet would be ruled a push and whatever money was wagered would be returned to the bettor. Many bettors like betting spreads because they either get a better return on their investment wagering on a favorite or because they like the underdog to keep the game close but not necessarily win.
Betting on the Vikings to win outright as a three-point favorite would likely come at the cost of odds as opposed to Heinicke threw for yards and a touchdown in Washington's Wild Card loss to the Buccaneers in January. Wheeler was arrested on Jan. Jimmy Butler had an Oscar-worthy performance against the Knicks.
Home Gambling. Gambling Covering The Spread. What is a Point Spread? Why Bet a Spread? By Associated Press. By Michael Pina. By Michael Shapiro.
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|Trek thumb drive crypto currency||You must understand that the betting odds for point spreads are generally close to covers nfl moneyline betting Playing the Money Line is equivalent to picking a team favorite or underdog to win the game straight-up. A moneyline bet is a wager placed on a team to win. The margin of victory is of no consequence. Decimal Odds.|
|Tenno sho betting||What is a Moneyline Bet? Some bettors strictly bet money lines. Bettors can cover the spread playing with over covers nfl moneyline betting betting or on a money line bet. Next Guide. The favored team is the Dallas Cowboys, and the Philadelphia Eagles are the underdog. Visit operator for details. A moneyline bet is a wager placed on a team to win.|
Spreads usually come with half-points such as 3. Sportsbooks will give points to an underdog and take points away from the favorite. That same team could be In scenarios like that, an NFL spread may be more useful because you are confident in a team winning. But there may be more worth for that team to win by 8. Continuing with the moneyline vs spread debate, a straight-up bet can be very profitable if you have an angle or consensus data on why the underdog is going to win the game. Final scores matter for both sports betting options, and sportsbooks will offer NFL odds on both spreads and moneylines, but it all comes down to where you think the betting value lies.
Our NFL Database can help you decide which side of a bet to take. This handicapping tool shows you how two teams performed against the spread ATS and each other in their previous matchups. 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. OddsShark does not target an audience under the age of Please visit gambleaware.
Google Tag Manager. Oddshark logo linked to Home. Close Menu. Similar to our Spread and 1st Half Odds , every matchup is listed in order of Rotation and those numbers are preceded by the Date and Time of the NFL game, every matchup is listed in order of Rotation and those numbers are preceded by the Date and Time of the NFL game. The Rotation for NFL games typically lists them by scheduled starting time as there are normally no more than three games in a day.
Home teams are listed at the bottom and will therefore be your even-numbered squad. In this example, the Cleveland Browns were listed as a 5. That number is set by oddsmakers after the spread is established but changes throughout the week based on the amount of money coming in on bets. However, going for it all by taking underdogs on the Money Line instead of taking the points turns out to be a tough pill to swallow.
In the season opener, Philadelphia closed as a hefty point home favorite against Washington. Washington actually led this game, at halftime, but was outscored, in the second half to lose to Philadelphia , If you took the points with Washington, you were a winner. However, if you backed Washington on the Money Line, you walk away with nothing as it lost the game straight-up.
The VegasInsider. Just avoid the upset. CO Gambling problem? Call Indiana Self-Restriction Program.
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