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How to bet on point spreads

How to Bet on Point Spreads: A Comprehensive Guide for US Bettors

If you're looking to enhance your sports betting experience and maximize your profits, learning how to bet on point spreads is essential. This comprehensive guide is tailored for US bettors and will equip you with all the necessary knowledge and strategies to excel in this popular form of wagering.

Key Benefits of How to Bet on Point Spreads:

  1. Understand the Basics:

    • Clear explanations of what point spreads are and how they are calculated.
    • Learn about the key terms and concepts associated with point spreads, such as favorites, underdogs, and the spread itself.
  2. Master the Art of Handicapping:

    • Gain insights into effective handicapping techniques to assess teams' strengths and weaknesses.
    • Learn how to analyze historical data, injury reports, team records, and other factors to make informed predictions.
  3. Increase Your Winning Potential:

    • Discover proven strategies to beat the point spread consistently.
    • Understand how to identify value bets and capitalize on favorable odds.
    • Learn about different betting systems that can help you manage your bankroll effectively.
  4. Navigate Different Sports:

    • Explore how to bet on point spreads across various popular US sports, including football
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 is the secret to win betting?

Keeping a detailed record of your bets and their outcomes is crucial for refining your strategy. Note down the type of bet, teams involved, odds, and stake. Analyze your wins and losses to identify patterns, strengths, and weaknesses in your approach.

How do I win a consistently bet?

Winning Strategies: Mastering the Art of Sports Betting
  1. Research Is Your Friend: Analyze the Market.
  2. Set Yourself Limits: Budgeting.
  3. Understanding Odds: Familiarize Yourself.
  4. Specialize: Focus On One Sport.
  5. Betting Strategy: Focus On Specific Bet Types.
  6. Keep Emotions In Check: Stay Objective.
  7. Find The Best Odds: Look Around.

How profitable is spread betting?

Spread betting can yield high profits if the bets are placed correctly. Most spread betting traders are successful only after creating a systematic trading plan following years of experience. And only a small percentage of those succeed while the majority fail.

Can you make a living from spread betting?

Can you make a living spread betting? – Indeed, you can. Hugely successful spread bettors include Simon Cawkwell, who has made countless millions with spread bets on stocks.

What happens if a bet lands on the spread?

Your wagers will be settled based on the numbers at the time of bet placement. If the final score of a game lands exactly on the margin of the spread — i.e., 30-27 for a three-point spread — then the bet is a push, and the sportsbook will refund wagers.

What voids a spread bet?

Spreads don't always come with a hook and you will often see lines without the half-point (e.g. 3.0, 4.0, 7.0) in NFL games, specifically. If a game with a -3.0/+3.0 spread ends with a three-point differential (e.g. 30-27) any spread bets posted on a -3.0/+3.0 line would be graded as void or a push.

Frequently Asked Questions

What does a minus spread mean?

The favorite In the simplest terms, a negative spread indicates the favorite, which is the side expected to win the matchup. A negative point spread really means the team has some work to do. For a negative spread bet to hit, the team has to beat its opponent by a margin greater than the point spread.

What does +1.5 spread mean?

In sports betting, a +1.5 spread means that the underdog team is given a 1.5 point advantage. This means that the underdog team can lose the game by up to 1 point and still win the bet. The favorite team, on the other hand, must win the game by at least 2 points in order to win the bet.

What happens if the spread is 3 and they win by 3?

The -3 points is the spread. If you want to bet the Colts on the spread, it would mean the Colts need to win by at least four points for you to win the bet. If the Colts win by two points, you would lose. If they win by exactly three, that is referred to as a "push" and the amount that you wagered is refunded.

What if the score matches the spread?

If the score ends in a tie after your points are added/subtracted the bet pushes and your wager is returned. Using the below example for the NFL, the Buccaneers are the favorite at -275 moneyline while the Cowboys are the underdog at +220 moneyline odds.

How does match point spread work?

A point spread bet is the most common form of betting. Unlike the money line, where you're just betting on a team to win or lose, the point spread sets one team as the favorite and one team as the underdog and sets a line that is subtracting from the favorite's points total to level the playing field.

FAQ

What happens if a team wins by the exact spread?
In such cases, the outcome of the bet is typically considered a "push" or "no action." Here's what happens when a game ends in a push: Point Spread Bet: If you placed a point spread bet, which involves wagering on the margin of victory, and the final result lands exactly on the point spread, it is considered a push.
How do I win if I bet 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 does a +7 point spread mean?
The underdog If the spread is set at +7, the underdog must either win the game outright or lose by fewer than seven points in order to cover. For the favorite to cover, they must win by more than seven points.
What does +1.5 point spread mean?
In baseball, the point spread is called the “runline,” while in hockey it's called the “puckline”. An NHL or MLB team covers a +1.5 puckline or runline by either winning the game outright or losing by a margin of one, while the favorite must win by multiple goals/runs to cover.
How do you bet against the spread?
“Against the spread” refers to betting on a team to perform better than the point spread set by the sportsbook. They must either win by a margin greater than the spread (for favorites) or lose by fewer points than the spread (for underdogs) for the bet to be successful.

How to bet on point spreads

What does +2 spread mean? A + means that team is bet is an underdog. Therefore, -2 means that a team must win by more than two points in order to cover the spread. If they win by exactly two points, the bet would push and the stake would be returned with no winnings.
What does a minus 6.5 spread mean? The minus in a point spread indicates that the team is the favorite in that particular game. The plus means that the team is an underdog. The higher the number next to a minus sign, the more of a favorite that team is, which goes for the underdog as well.
How do I choose a spread bet? How to Bet the Spread Online
  1. Log in to your preferred legal sportsbook.
  2. Click the sport that you would like to bet on.
  3. Examine the list of games with point spreads.
  4. Click on the favorite (minus points) or underdog (plus points)
  5. Determine how much you would like to risk on this game.
  6. Place your bet.
What is the formula for spread betting? Capital at risk = bet size x market price (in points) For example, if you were trading a forex pair, instead of a price of '1.12980' you would see a price of '11298.0'. So, a trade worth £10 per point of movement, would mean you're putting a total of £112,980 at risk (11298.0 x 10).
How do you successfully spread a bet? How to spread bet successfully
  1. Choose the right markets to spread bets on. One of the keys to spread betting success is choosing the right markets to trade.
  2. Use stop losses to manage your risk.
  3. Develop strong trading habits.
  4. Use prudent leverage and position sizing.
  5. Develop and backtest a trading strategy.
  • Why is spread better than moneyline?
    • While a point spread requires the team you bet on to win by a specified margin, moneyline does not. However, point spread bets typically have odds somewhat close to even money, meaning you would win about as much as you bet if you won. Moneyline bets have a wide range of odds.
  • How does +/- work in betting?
    • Betting Odds Explained The “+” and “-” are put in front of odds or lines, indicating the favorites and underdogs. The favorites will be marked with a minus sign, whereas underdogs have a plus sign. This is the case for all types of bets, including moneylines and point spreads.
  • What happens if a team goes over the spread?
    • What happens if you bet on a team to cover the spread and they win? If you bet on a team to cover the spread and they win, you win your bet if you bet on the underdog. But, if you bet on the favorite, winning isn't enough. They must win by a certain number of points.
  • What is the +/- spread in betting?
    • A +1.5 spread is commonly seen in baseball betting, the standard “runline” for MLB. This spread means the underdog must win outright or lose by exactly one run to cover the spread. Alternatively, a -1.5 spread means that the favorite must win by at least two runs. Many baseball games are decided by fewer than two runs.
  • What does 2+ mean in sports betting?
    • Hi Steve, 2+ means "two or more", so two counts, as does more.