The point spread is the projected number of points that separate two teams.  A game with a spread will have a favorite (the team expected to win) and an underdog (the team expected to lose).  A favorite “gives” points and is identified with a minus sign next to their point spread.  The underdog “gets” points and is identified with a plus sign next to their point spread.
SportsInsights.com’s general betting articles discuss the intricacies of sports betting as it pertains to each major U.S. sport. This article will concentrate on how to bet on the NFL. We will try to utilize that “neck up” part of our bodies to gain an edge on the linesmakers, but first we must know the basics. The NFL is by far the most popular bet of all major American sports, culminating with the most popular game of the year, the Superbowl. This article will shed light on each football wager type including spread, moneyline, totals, parlays/teasers, halftimes, and futures.
The pool host will then try to sell each square on the chart, usually ranging from \$5-\$100, depending on the type of clientele buying the squares. After all the squares have been sold, each box is then assigned at random so that everyone has a fair chance to get a coveted square. Another method some pool hosts use is to have all the entrants write their names down inside a single square of their liking on the blank 100 square pool sheet and then use 10 cards (Ace through Nine) to randomly draw the numbers at the top and side of the pool sheet.

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Now for American Style Sports Odds. Typically, when you are betting on the point spread, as in topic #1 above, the odds are displayed or implied to be (-110), which is known as American Style odds. The American Style odds format is based on \$100. When the number, is displayed as a negative number (-110), it indicates how much money you must risk to realize a profit of \$100. In our scenario, you must wager \$110 to win \$100 profit. If you do, you will receive \$210 when you cash in…the winning amount PLUS your initial wager amount.

NFL point spread lines and odds differ from sportsbook to sportsbook so it is important to always try to line shop for the best prices and spread. Regularly betting into spread odds of -115 (1.87) or -110 (1.91) compared to -105 (1.95) can make a big difference come Super Bowl time to your bankroll, so to can getting on the right side of a spread number particularly where key point spread numbers like 3, 7 and 10 are concerned where a half point or full point can make the difference between a winning wager and a losing one. To give yourself the best opportunity with your NFL Spread Betting you need to obtain the best point spread line and at the best price and to do that effectively it is a good idea to have accounts with multiple sportsbooks.
The key here is to target the point spread five and seven, because these are virtually tied as the most common margins of victory. It's important to recognize that most betting sites are only willing to sell 2 or 3 half points for 10 cents each, after which point they start charging more. Some sites sell up to four half points at this price though.
Identify the favorite: Lines with a - before the number (i.e. -200) indicate the favorite. A -200 should be read as: "For every \$200 wagered, I win \$100." When there is a negative sign, the line should always be read with relation to 100. That does not mean you have to bet that much, it's just easiest to understand! When a + sign is present, just reverse the reading, always keeping reference to 100:
Have you ever skimmed through the baseball or hockey results and thought to yourself "wow the 'over' was the play of the night since it hit in 10 games?" If you have and are kicking yourself for not playing every one of those games, this Grand Salami bet is the bet for you. The Grand Salami is not a massive delicatessen but rather a bet in which you must correctly guess the 'over/under' of the total number of runs or goals produced in every single game combined on any one given day. Read More >>
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.
There's another reason to bet the underdogs on the moneyline as well. If your handicapping has made you feel very strongly that a poor team is due for a big win then the moneyline allows you to profit much more handsomely from your conclusion than a point spread bet does. The moneyline, then, is a powerful situational tool for people who closely follow the NBA.
There's another reason to bet the underdogs on the moneyline as well. If your handicapping has made you feel very strongly that a poor team is due for a big win then the moneyline allows you to profit much more handsomely from your conclusion than a point spread bet does. The moneyline, then, is a powerful situational tool for people who closely follow the NBA.
Before I go on, let me clarify some terminology. Despite it being probably the most popular way to bet, there is no particular term for a bet against the spread. Many people call this a "straight bet." However, this term can also be used, and is printed on tickets for, money line bets, total bets, and any other bet involving just one game. For purposes of this page, I call such bets a "point spread" bet, and invite the rest of the world to adopt this terminology.
Here's an example: Imagine that using the money line above with the White Sox and the Astros, you want to win about \$100. If you place your bet on the favored White Sox, you will pay the bookie \$120. If you win, you get your \$120 back, plus \$100 in winnings. If you lose, the bookie keeps your \$120 (technically, bookies collect on losing bets after the game most of the time, but for our example we'll assume the bet is prepaid). If you bet \$100 on the Astros, you'll get \$110 in winnings if they win, and only lose \$100 if they lose.
Jeff Gordon has been reporting and writing since 1977. His most recent work has appeared on websites such as eHow, GolfLink, Ask Men, Open Sports, Fox Sports and MSN. He has previously written for publications such as "The Sporting News" and "The Hockey News." He graduated from the University of Missouri-Columbia School of Journalism in 1979 with a bachelor's degree.

The optimal situation for bookmakers is to set odds that will attract an equal amount of money on both sides, thus limiting their exposure to any one particular result. To further explain, consider two people make a bet on each side of a game without a bookmaker. Each risks \$110, meaning there is \$220 to be won. The winner of that bet will receive all \$220. However, if he had made that \$110 bet through a bookmaker he would have only won \$100 because of the vig. In a perfect world if all bookmaker action was balanced, they would be guaranteed a nice profit because of the vig.

### Futures bets are exactly what they sound like, a wager placed on an event that will occur in the future. As you can imagine, the most popular futures bet in the NFL is who will win the Superbowl. In fact, the Team Odds to win it all are released within a week after the previous year’s championship. It is not uncommon to see last year’s worse team to be 100/1 dogs or worse. Naturally, Futures are not limited to simply who will win the big game. Much like proposition (prop) bets for any particular contest, you can place several futures bets on potential outcomes, from who will win what division to who will win the league’s MVP. Futures Odds can be found at nearly any reputable sportsbook, but some have a limited selection of wagers they will actually take.

Who doesn’t love a good old-fashioned NFL spread? Not only does the point spread remain the king when it comes to wagering on pro football, it is a favorite among pro sports bettors and beginners alike. Also known as the line or spread and as betting “sides,” a common misconception is that sportsbooks set the spread as a predicted margin of victory. It’s actually the number oddsmakers predict would be a good balance between people who want to bet the underdog and those who want to bet the favorite.