Bookmakers set a spread with the hopes of getting equal action on both sides of a game. … 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.
Do you win if you hit the spread?
In order to win, you must “cover the spread.” If you wagered on the favorite and it wins the game by more than the spread, you covered the spread. If you wagered on the underdog and the favorite wins by less than the spread, you win. If you wagered on the underdog and it wins the game outright, you win.
Who wins a bet when the spread?
Point spreads involve a winning margin. If you bet on a favorite, they need to win by more than the assigned spread. For example, if a spread is (-7.5) points, your team needs to win by eight or more. If you bet on an underdog, they can lose by fewer than the assigned spread or win outright for you to win.
What happens if you match the point spread?
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.
What happens if you bet the spread?
The Point Spread: When betting on basketball, the team you bet on must “cover the spread.” This means the team must win or not lose by a predetermined margin of points.
How does point spread payout work?
How Does a Point Spread Bet Pay Out? Point spread betting pays out the same way as other similar wagers. Once you win, the bookmaker starts processing all the bets for that game. It may take a while, logistically, but the sportsbook will finally accrue your point spread bet winnings to your account.
What is a risky bet?
Read the first two parts of Bankroll Management and the rest of the Sports Betting 101 series. … Betting to risk means you are betting a specific amount of your choice regardless of the odds. If you lose the bet, you lose whatever amount you risked on the game.
How do you beat the spread?
If they bet on Detroit, then Detroit would either have to win or lose by six or less for the bet to be successful. 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”.
How do you win against the spread?
Betting against the spread means you are taking the Underdog and the points in a game. To win you want the “underdog” to either win the game outright OR lose by less then the “Point Spread” you are given.
How do you read a spread?
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. A plus sign (+) means that team is the underdog.
What does alternate spread mean?
Alternate spreads are lines that oddsmakers offer that differ from the original spread for a game. Some alternate spreads may be adjusted by more than 10 points. Alternate spreads have the potential for payouts that are much better — or much worse — than the original spread.
What does plus mean in football spread?
The plus sign means that the team’s final score will have the spread number added to it. In summary, the point spread is a calculated prediction of how much a team will win or lose by.
How does bet spread work?
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 negative spread mean?
The negative (-) sign indicates that the Cowboys are the favorites, while the positive (+) sign indicates that the New York Giants are the underdogs. 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.