When it comes to NFL betting, the favorite is assigned a spread for the projected winning margin. They need to win by more than the spread for you to win your bet. If you take the underdog, you can win your bet if they win outright or lose by fewer points than the spread allows.
What does +3 spread mean?
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 +1.5 spread mean?
The point spread in hockey odds is often referred to as the puck line. In the NHL, the puck line is almost always set at 1.5, meaning the favorite needs to win by two or more goals.
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.
How do you win a spread bet?
In order for a point spread bet to be declared a winner, the side wagered on must “cover” the point spread. The favorite, which is the side with the minus number as the point spread, must win by more than the point spread dictates.
What does a 5 point spread mean?
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. For example, if a spread is (+5.5) points, your team can lose by 5 or fewer or win outright.
What does over 2.5 goals mean?
Over 2.5 is one of the most popular of all over/under (total goals) betting markets. … The over 2.5 goals market means that you are betting that the total number of goals scored during the match plus stoppage time will be over 2.5. You will win only if there are three or more goals during the game.
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.
How does a spread work in gambling?
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 +7 mean in point spread?
What does +7 spread mean? If the spread is seven points for a game, it means the underdog is getting seven points, noted as +7 on the odds. A team posted at -7 is the favorite and is laying seven points.
How much does a spread bet pay?
Spread bets typically pay on an almost 1:1 basis against the bettor’s stake. Generally speaking, a winning bet will come with a 95.45% return. However, the exact amount of the payout is specified by a second number that you will see displayed next to both team names in a spread bet.
What happens if spread is exact?
A push in sports betting occurs when the point spread or point total hits the exact number in which you bet. … If the Cowboys win by seven points, both bets are a push and money is refunded (you get your money back).