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 a +7 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 minus 1.5 spread mean?
A spread of -1.5 means that the team must win the game by 2 points/goals/runs or more for the spread bet to win.
What does a 3 point spread mean?
If Team A is a 3-point favorite over Team B, Team A has to win by more than 3 points to win the bet, or "cover." Team B can win the game outright or lose by one or two points (but no more than that) and they "cover."
What does a minus 7 point spread mean?
If the Titans are a 7-point favorite over the Jaguars, it'll be presented as “-7″ at your sportsbook. That means the Titans need to win by more than seven points for you to cash your: Titans -7. The “minus” 7 is because you take their score at the end of the game and subtract seven points from it.
How do you spot a value bet?
How to identify value bets
- Calculate the implied probability;
- Calculate true probability and therefore the fair odds;
- Apply the expected value formula and calculate the expected return;
- If the expected return is positive,a value bet has been found.
How does points bet work?
How PointsBetting works. If your bet wins by one point (or unit), you would win 1 multiplied by your bet amount (wager). If your bet wins by 2 units, you win 2 times the wager. If your bet wins by 10 units, you win 10 times the wager.
Frequently Asked Questions
What are examples of value bets?
A value bet example would be if the LA Lakers were about to play the Boston Celtics in the NBA. You might find the bookmaker's closing line odds of 2.1 for a Lakers win seem low. Then you could find the true value to be 2.5, which offers a closer value to the exact odds.
What happens if you beat the spread?
Spread underdogs can lose by a certain number of points but still cover 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.
What does a negative spread mean?
The point spread is the expected final score difference between two teams. It is represented as both a negative and positive number; if the spread is 3 points, you'll see that as both -3 and +3. The team that is the favorite to win gets the minus-number (-3); the underdog gets the plus-number (+3).
Why is .5 used in betting?
In this example, if the game lands exactly on a final margin of 3 points, it's a push, and you get your money back. Neither you nor the book wins the bet. That's why sportsbooks will often add "the hook" (. 5) to a point spread — to avoid such ties.
What is 0.5 U in sports betting?
1 unit = 1% of $1,000
Unit Size | Bet Amount | Win or Payout (in $) |
---|---|---|
0.25 | $2.5 | $12.50 |
0.5 | $5 | $17.50 |
1 | $10 | $23.00 |
2 | $20 | $38.18 |
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 if the spread is 7 and they win by 7?
The “minus” 7 is because you take their score at the end of the game and subtract seven points from it. If they win by exactly seven, that's a “push” and you get your initial wager amount back.
FAQ
- What does +7.5 mean in a spread?
- A spread of +7.5 means that the team must either win the game or lose by 7 or less points/goals/runs for the spread bet to win. A spread bet is a bet on the margin of victory with a handicap (or line) attached to it, in this case the handicap is +7.5.
- 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 spread changes after you bet?
- What Happens to Your Bet If the Odds Change? Absolutely nothing. That's the short and sweet of it. Because you are betting fixed odds, the moment you place your wager on any game, line and price, that's your number until the game is over.
- How does a +7 spread work?
- What Does +7 Spread Mean In Betting? If the spread in betting is seven points for a game, it means the underdog is getting seven points, noted with a + symbol as the underdog, which would be +7 on the odds. A team posted at -7 is the favorite, which is noted with a - symbol as the favorite and is laying seven points.
- How does a point line bet 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.
- What does a +1.5 line mean?
- 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 is a 0 point spread bet
How do points betting wagers work? | 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. |
Should I bet on the money line or point spread? | The answer to this question comes down to your confidence level and risk tolerance. If your analysis tells you a 6.5-point underdog stands a good chance of winning the game outright, bet the moneyline. However, if you think that 6.5-point underdog will be competitive but likely not win, bet the point spread. |
What is the payout on a point spread bet? | A point spread bet has three potential outcomes: win, loss, or push. If bettors choose correctly and win, a sportsbook will pay the bettor in full amount based on the “price” of the wager, which is most commonly -110. That means a bet for $110 would win $100, or $11 would win $10, and so on. (More on this later.) |
How does Vegas point spread work? | With point spreads, the spread tells you how many points a team needs to win by, while the vigorish tells you how much money you actually win if that bet cashes. Standard "juice" on a point spread or total is -110. These vigorish numbers are all based around $100. |
What happens if you bet the spread and the team wins? | Spread underdogs can lose by a certain number of points but still cover 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. |
How much do I win if I bet $100 on odds? | Decimal odds explained For example, a $100 bet made at decimal odds of 3.00 would return $300 ($100 x 3.00): $200 in profit and the original $100 amount risked. A $100 bet made at decimal odds of 1.50 would return $150: $50 in profit and the original $100 amount risked. |
- How do you calculate spread payout?
- The math behind calculating payouts on sports bets
- When the odds are negative, change the number to positive and use this formula: 100/Odds * Stake = Profit.
- When the odds are positive: Odds/100 * Stake = Profit.
- The math behind calculating payouts on sports bets
- What is a half-point in football betting?
- A half-point spread, as the name implies, sets the point spread at a half-point increment. For example, a -3.5 or +2.5 point spread suggests that for a bet to be successful, the favored team must win by at least 3.5 points, while the underdog can either win outright or lose by less than 2.5 points to cover the spread.
- What is the meaning of 1 2 in betting?
- The first number represents the halftime outcome (1 = Home team wins, X = Draw, 2 = Away team wins), and the second number represents the full-time outcome. Example: Let's say you bet on 1/2. This means you're predicting that the Home team will be leading at halftime and will also win the match at.
- What is a 1 2 point parlay card?
- The Half-Point Parlay Card is the most popular type of card in Las Vegas and will offer payoffs ranging from 6.5 for 1 on a 3-selection parlay to 2,500 for 1 on a 12-selection parlay. All point spreads use half points, eliminating the possibility of a tie.
- Why is there a .5 in betting?
- In this example, if the game lands exactly on a final margin of 3 points, it's a push, and you get your money back. Neither you nor the book wins the bet. That's why sportsbooks will often add "the hook" (. 5) to a point spread — to avoid such ties.
- How much is a half-point worth in odds?
- Most sports betting sites allow you to buy half-points from a point spread for $0.10. Let's say the Minnesota Vikings are -110 to cover a -5 point spread against the Pittsburgh Steelers. You could then buy a half-point and bet on Minnesota -5.5 at odds of -120, or sell another to bet on Minnesota -6 at -130.