Spreads are frequently, though not always, specified in half-point fractions to eliminate the possibility of a tie, known as a push. In the event of a push, the game is considered no action, and no money is won or lost. However, this is not a desirable outcome for the sports book, as they are forced to refund every bet, and although both the book and its bettors will be even, if the cost of overhead is taken into account, the book has actually lost money by taking bets on the event. Sports books are generally permitted to state "ties win" or "ties lose" to avoid the necessity of refunding every bet.

The point spread is essentially a handicap towards the underdog. The wager becomes "Will the favorite win by more than the point spread?" The point spread can be moved to any level to create an equal number of participants on each side of the wager. This allows a bookmaker to act as a market maker by accepting wagers on both sides of the spread. The bookmaker charges a commission, or vigorish, and acts as the counterparty for each participant. As long as the total amount wagered on each side is roughly equal, the bookmaker is unconcerned with the actual outcome; profits instead come from the commissions.


Spreads are frequently, though not always, specified in half-point fractions to eliminate the possibility of a tie, known as a push. In the event of a push, the game is considered no action, and no money is won or lost. However, this is not a desirable outcome for the sports book, as they are forced to refund every bet, and although both the book and its bettors will be even, if the cost of overhead is taken into account, the book has actually lost money by taking bets on the event. Sports books are generally permitted to state "ties win" or "ties lose" to avoid the necessity of refunding every bet.

To win $100 dollars wagering on the New York Giants one must lay $600. Whereas, a $100 bet on the Dallas Cowboys earns a profit of $450. Due to the high risk and low reward presented by betting on the NY Giants, bettors may choose to fade, or go against them, and place a smaller wager on the Cowboys. The Cowboys did indeed win this Week 10 shocker at the New Meadowlands by a score of 33-20.

According to an article in The Times dated 10 April 2009, approximately 30,000 spread bet accounts were opened in the previous year, and that the largest study of gambling in the UK on behalf of the Gambling Commission found that serious problems developed in almost 15% of spread betters compared to 1% of other gambling.[7] A report from Cass Business School found that only 1 in 5 gamblers ends up a winner.[8] As noted in the report, this corresponds to the same ratio of successful gamblers in regular trading.[9] Evidence from spread betting firms themselves actually put this closer to being 1 in 10 traders as being profitable, with a high number of clients suffering from the volatility that is supposed to be one of the benefits of spread betting.[citation needed]
Easily the most popular type of betting for NFL football is “spread” betting or more commonly known as betting against the spread. Bettors who are new to NFL betting or betting in general may be a little confused with NFL spread betting, but it is pretty easy to understand once it is explained to you. We will explain what betting against the spread means below.
When betting off the board a calculation will be made according to the odds on each event in the parlay. You will win the same amount as if you bet each event separately and parlayed all winnings as you went. An exception is if every event you pick is at -110 odds, in which case predetermined nice round odds will be used. Except for a three-leg parlay, these preset odds are not as generous as if the calculation method were used. For this reason, it is a good idea to have at least one event in the parlay that isn't -110, which will force the calculation method to be used.
If you've never set foot in an actual sportsbook before or logged into an online sportsbook, the chances of you getting overwhelmed when you actually do is very high. In an actual Las Vegas sportsbook, there is typically a lot of commotion and the odds and lines are displayed on a massive digital board for everyone to see. When a novice sports bettor looks at the massive digital signage, they will see a bunch of numbers, both positive and negative, some two digits, some three digits. They also won't have a clue what any of it means. The same can be said for the online sportsbooks. It looks like a massive spreadsheet with negative and positive numbers beside each teams' name. Read More >>
A lot of bookmakers offer telephone betting services, and they are usually very straightforward to use. It's a simple matter of calling the relevant number, telling the operator you reach which wagers you want to place, confirming the odds, and then providing your credit card details. Some bookmakers take other payment methods too, and some even offer credit lines to select customers.
If you wanted to bet the underdog Orlando to win the game, their money line odds are +280. Whenever a "+" is listed for odds, the number after it is how much you will win for betting $100. So in this example, a $100 bet would win $280 if the Magic win the game. This definitely seems like a way better deal than betting $340 to win $100, but remember that Orlando has a small chance of beating the best team in the league. Some bettors may see value in this, but you should never blindly bet an underdog - or any side for that matter (just talk to the thousands that bet on Conor McGregor last August).
There are many ways that you can bet on football and I will go over all of the different options below.  The first and most common bet is the straight bet, which simply means the team wagered on must win by the point spread given at the time of the wager.  Most of the time the odds on a straight bet is -110, which means for every $110 bet, you win a $100 back.  An example of a straight bet is if the team you bet on is a 6 point (-6) favorite, also known as giving up 6 points.  Then in order for you to win, the team taken in the wager must win by more than 6 points in order to collect your winnings.  If they win by 6, then this will be called a push and your original bet will be refunded to you.  You can also bet on the totals, which is also known as the over/under bet.  The totals bet is The combined score of both teams for games wagered on, all totals pay out at -110, which is $110 dollar bet makes you $100, no matter if you bet on the over or the under.  If the total score equals the line, then the bet is a push and you get your original bet back.  Another type of bet is the money line bet.  This bet is simply that team wagered on just has to win the game.  The odds on these games vary depending on the disparity between the favorite and the underdog.  You obviously will win more betting on the underdog; however there is a reason why these bets pay more because the odds of the underdog winning are decreased.  Although betting the moneyline can sometimes return a big sum, it is wise to know that the bookmakers hold percentage is much larger than a typical straight bet on the side or total of a game.  A classic straight wager on the point spread is almost always dealt at -110 on both sides which is 20 cents of vigorish.  Compare that to a double digit favorite in college football with a money line of -600/+450 and you can see the extra 130 cents of vig added in.
Which brings me to my next point. If you are serious about getting into sports betting, it is vital to have more than one sportsbook to make a wager at. Shopping around for the best lines will help your bankroll and you will be able to turn a bigger profit. If you see a pair of sneakers for $110 at one store, and the exact same pair is $102.99 at another store - which store are you buying them from?
Parlays - these might be the most popular bets out there, especially among novice and amateur bettors, perhaps because of the lure of betting a small amount for a potentially big payoff. But they are fool's gold at best. Parlays involve wagering on two or more games on the same bet following the casino's pre-determined payout scale. Each game on a parlay must win for the bet to be a winner.
There are very few periods of time throughout the year when there isn't a game or event that is garnering national media attention and bettors are clamoring to lay down a wager. Off the top of my head, the only period I can think of is during the MLB All-Star break, where it's slim pickings to lay down a wager. Sure, the Home Run Derby and All-Star game are closely watched and people do bet on them, but it's done more so to have a little action on the game to make it semi-watchable. However, the rest of the year is littered with massive, high-stakes, high-drama type events. These are what the industry called "hot games" Read More >>
In football the money line is often a popular choice for bettors who have been burned by last-second scoring that actually had no actual affect on the outcome of the game. With the money line you just have to hope your team wins rather than cover a point spread. Of course, the one downside is having to risk more money to return the same amount that a point spread bet would net you.
We already mentioned how using multiple betting sites allows you to take advantage of multiple bonus offers. That's not the only benefit either. Since point spreads vary between sites, one of the best ways to beat these wagers is to compare the different spreads in order to find which one is the most favorable. This doesn't take nearly as long as you might think, and it will make a huge difference to your bottom line over time.
If the Cowboys are 6-point favorites, their odds are -6. If the Giants are 6-point underdogs, their odds are +6. From the oddsmakers' perspective, the Giants are starting the game with a 6-0 lead, while from the Dallas side, the Cowboys are starting with a 0-6 deficit. If you bet on the Cowboys and they win 34-30, they failed to cover the spread by two points. If you bet on the Giants, they beat the spread by two points.
Sometimes sportsbooks will offer “reduced juice” at certain times or “nickel lines” that drop the -110 down to -105 in an effort to attract more bets. This is why it definitely pays to shop around for the best lines possible before placing your wager. Because the ultimate goal is to always make the most money you can, putting yourself in position to lay less to win the same amount is one way to help make that happen.

It is also widely known as the over/under and, just like the point-spread myth, it is not Las Vegas' guess at how many points will be scored in the game by both teams combined. It's a number it feels will encourage just as many bets on the over as the under. If you picked the under 47.5, you want tough defense and the team running the ball to eat the clock. If you pick the over, you want offensive fireworks and long bombs for TDs. In totals betting, you are predicting whether the combined total score will be more than or less than the total.
If you're just getting started with NFL betting, the most important thing you need to do is learn how the lines work. But this is easier said than done because NFL lines can seem like learning Greek to new bettors. Fortunately, learning football betting lines won't take you nearly as long to master as the Greek language. In fact, you should have a good understanding of the matter just by looking at the following information on how NFL betting lines work.

In the UK and some other European countries the profit from spread betting is free from tax. The UK and some other European countries tax authorities designate financial spread betting as gambling and not investing, meaning it is free from capital gains tax and stamp tax, despite the fact that its regulated as a financial product by the Financial Conduct Authority in the UK. Most traders are also not liable for income tax unless they rely solely on their profits from financial spread betting to support themselves. The popularity of financial spread betting in the UK and some other European countries, compared to trading other speculative financial instruments such as CFDs and futures is partly due to this tax advantage. However, this also means any losses cannot be offset against future earnings for tax calculations.
Over/Under means the odds-makers picked the most likely total combined score of both teams. For example in an NFL game with the Jaguars vs Dallas the over/under is 37. You can either bet on either “over” or “under”. Over, is if the two scores added up at the end, total to over 37. Under is if when you add them together, they’re less than 37. If the total is 37, it’s a tie, or “push” again.

In June 2017, the Supreme Court of the United States announced that it would hear New Jersey's case, Murphy v. National Collegiate Athletic Association, in the fall of 2017, contradicting the position of the US Acting Solicitor General, Jeffrey Wall, who asked that the case not be heard in May 2017.[18] In September 2017, a poll conducted by the Washington Post and the University of Massachusetts Lowell shows 55% majority of adults in the U.S. approve of legalizing betting on pro sporting events.[19]
The 3-digit numbers to the far right are the listed prices for these bets.  This is also called the odds, vig, or juice.  An easy way to think of it is the amount you must risk to win $100 on this wager.  In our example, -110 means you must risk $110 if you want to win $100.  -110 is pretty standard, but you will find different options.  We will cover those in more depth when we talk about money lines.  The price of the bet has no impact on which team is favored.  Only the plus or minus on the point spread matters.  This is handled differently when you bet strictly on the moneyline.
Placing a point spread bet means gambling on how much a team will win or lose by. In our above example, the Cowboys are the favorite. How do we know that? The minus symbol in front of the point spread indicates that the bookmaker thinks the final score will have Dallas winning by 7.5 points or more. The underdog, in our example that’s the New York Giants, will always be indicated with a plus sign. If you wager on the Cowboys on the point spread, America’s Team will have to win by at least 8 points for your wager to pay off. Should the Cowboys win by less than 8 points, your bet is lost.
No. The point spread is not a prediction of the final score, but rather is created to generate an equal amount of betting on both sides. In a perfect world, a sportsbook will get the same amount of money bet on the Rams to cover as they get on the Patriots to cover. If there is an even amount of money bet on both sides, the house is guaranteed to profit because of the juice (more on that below) placed on bets.
Essentially, a moneyline bet is a bet on which team is going to win the game. There is no point spread or other handicap for either team, so if you pick a team and it scores more points than the other team then you win. Obviously there has to be a catch, though, or the bet would be way too simple. The sportsbooks balance their risk by setting different prices on each team. You win a smaller amount than you bet if you pick the favorite, and you generally win more than you bet if you pick the underdog. The stronger the favorite the less you will win, and vice versa.
The sign in front of the number indicates whether placing a wager on that outcome will pay out more money then you have wagered or less money then you have wagered. If the odd is negative (-) it means that outcome is more likely to happen and placing a bet on that outcome would payout less than the amount you wagered, while a positive (+) odd shows that the outcome is less likely to happen and it would pay out more than the amount you wagered.

The one variance you might come across in any pointspread listing is the commission owed on a bet. Instead of moving the actual spread for a game, some books will try and direct money one way or the other by adjusting the juice. For example, if there was a (-120) next to the listed pointspread, you would now owe $120 on a losing $100 bet. Sometimes a book will reduce or eliminate the juice all together to move money towards a particular side of a matchup. In this case, you might see (-105) or (+100) next to the pointspread to signify the reduced or zero commission for that bet.

The main purpose of placing a wager on a game or event is to win money. That is what drives the industry and it's what has both amateur and pro bettors competing amongst themselves to prove who the best handicapper is. If you ever find yourself placing a bet with the expectation of losing, you are in the wrong business. Whether you can believe it or not, sportsbook place bets from time to time with the expectation losing in order to secure a profit. This term is called the "layoff" Read More >>


When the point spread was invented in Chicago by Charles McNeil the money line took a backseat. When two unevenly matched teams played, the playing field was leveled by having the favorite give points (for example Chicago Bears –7) while the underdog got points (Minnesota Vikings +7). No matter which team the bettor took the bettor would always risk $110 to win $100. The extra $10 needed to win $100 is called the juice or the vig, it is basically the house’s or the bookie’s take. It’s 10-percent of the bet so it would take $33 to return $30 and $440 to return $400 etc. (winning bettors get the vig back).
Spread betting has moved outside the ambit of sport and financial markets (that is, those dealing solely with share, bonds and derivatives), to cover a wide range of markets, such as house prices.[5] By paying attention to the external factors, such as weather and time of day, those who are betting using a point spread can be better prepared when it comes to obtaining a favorable outcome. Additionally, by avoiding the favourite-longshot bias, where the expected returns on bets placed at shorter odds exceed that of bets placed at the longer odds, and not betting with one’s favorite team, but rather with the team that has been shown to be better when playing in a specific weather condition and time of day, the possibility of arriving at a positive outcome is increased.
Odds are basically a way of leveling the playing field and in college football due to the fact that there are hundreds of mismatches per year the field really does need to be leveled. By utilizing odds in various ways bookmakers are attempting to get an equal number of wagers on each team. In doing so, they are able to ensure that they make cash no matter who wins.
Especially in major tournaments, some sports books offer odds on unusual golf propositions, such as the over/under on the winning score, the over/under on the lowest round by any golfer or the over/under on the finishing position by a particular golfer. For example, the over/under on Woods' finishing position may be 3 1/2. If he finishes first, second or third in the tournament, the "under" wins; if he finishes fourth or worse, the "over" tickets cash.

If you follow football at least reasonably closely, have some idea about the relative strengths of all the players and teams, and have absorbed the information provided on this page, then you should be able to become a competent football bettor. You don't really need to know much else should the aim be to simply have some fun and win some money every now and then.


While the National Basketball Association (NBA) was once active in preventing sports betting law relaxation, current NBA Commissioner Adam Silver became the first major sports leader to break from previous administrative opposition to gambling. In 2014 he stated in a New York Times op-ed, "I believe that sports betting should be brought out of the underground and into the sunlight where it can be appropriately monitored and regulated."[44] In 2017, with support for legalization growing, he confirmed his belief that "legalized sports betting is inevitable".[45]
If you've ever found yourself cursing the game line or completely dumbfounded at how a basketball total from the Serbian basketball league lands right on the "over/under" number, I can assure you that you are not alone. Setting the right number is the heartbeat of any sportsbook which is why they hire the sharpest minds in the betting game and task them with calculating the lines. It's not often you come across a line that is far off from what actually happens in the game. Sportsbooks have the utmost trust in their linemakers, so that when they post their lines to the betting public they aren't vulnerable to big losses. Read More >>
The NFL spread (betting point spreads is also known as betting ‘sides’ since you are picking one side to win the game) acknowledges that not all teams are created equal. If they were, we wouldn’t need NFL point spreads at all – teams would be so evenly matched that every game was a toss-up (or a pick em in football parlance). Simply picking the winner would be enough of a challenge.
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