The point spread - also called "the line" or "the spread" - is used as a margin to handicap the favorite team. For betting purposes, the oddsmaker predicts that the favored team will win by a certain number of points. This number of points is the point spread. The favorite is always indicated by a minus sign (e.g. -5.5) and the underdog by a plus sign (e.g.+5.5). If you bet on the favorite, you win your bet if the favorite wins AND their margin of victory is greater than the point spread. If you bet on the underdog, you win if the underdog wins, ties, or if the favored team wins but fails to exceed the point spread. It is standard for point spread bets in most sports that you wager $110 to win $100.
For beginners, the moneyline bet on an underdog is a great choice as it will allow bettors to win 50% of the bets and still earn a profit. Each of these bets have benefits and drawbacks. With moneylines, punter shave the appeal of betting on a winning side. This is a great choice for die-hard fans. Many people find it more appealing to bet on a winner of a game instead of betting on the end score of the game. Spread betting does offer some nice benefits. They are simple yes or no bets. Either the team covers the spread or they don’t. However, moneyline bets typically offer the chance to win more than is bet, so these are often the choice for many bettors online.
covering a spread - When a team surpasses the expectations of a point spread set by football experts. For instance, if a team is expected to win by 10 points, and they actually win by 11 or more, this is called 'covering' the point spread. If the team wins by nine or less, or they lose the game, this is called NOT 'covering' the point spread. If the team wins by exactly 10 points, this results in a push or tie.
What the sportsbook does to fix this is they "spot" the underdog team some points to make it fair. Obviously, these points aren't included in the actual score to determine who wins or loses the game, but they are calculated in to determine who "wins" the game in the sportsbook's eyes. If you ever played basketball as a kid against an older sibling or your dad, they would sometimes "spot" you some points to make it fairer. Let's say you were playing to 20 points, they might "spot" you 10 points to make it fairer. They would then have to score 20 points to win, but you would only have to score 10. This gives you a chance actually to win the game.
When a betting line is listed, it will contain the moneyline and spread information. If there are two teams and there is a spread of +6 and -6, betting on the favorite, which is the – spread, the score must be greater than the underdog’s score to win. For example. The score between the Patriots and Bengals is 20 to 10. So, 20-4 is 14, which is greater than the 10 points earned by the underdog, so the bet will win.
Futures betting also is offered on the major events in horse racing, such as the Kentucky Derby and Breeders' Cup. In horse racing futures, if your horse does not start the race due to injury or any other reason, you lose the bet -- there are no refunds. On the other hand, the odds on your horse racing futures bet also are "locked in," regardless of the horse's odds on race day.
Something that all of our pro bettors on staff preach is that there is no reason to make anything more complicated than it needs to be. Specifically, they are referring to the awful trend of aspiring sports bettors thinking that you must make more complex bets in order to make a living betting sports. The reason we say it’s an awful trend is because this couldn’t be further from the truth.
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This should hopefully make perfect sense to you. Successful betting, on any sport, is all about finding value, so you should always look to get the best value that you can. If a moneyline wager offers the best value on a football game, then that's the wager you should be placing. If a point spread seems the best option, then go down that route. There may even be occasions where it's viable to place both wagers on the same game.
You don’t have layers of complexity to fight through to see if your prediction is a positive expected value move (one that is going to make you money). With some simple mathematical calculations, you can figure out whether or not there is value in a bet. Even if you don’t like math and would prefer not to use it when assessing value and making your picks, it’s still much easier to “eyeball” value with moneyline bets because of the simplicity.
One of the biggest mistakes that bettors make is trying to make a judgement on every single game that's taking place. This is especially true of those who only focus on the NFL. There aren't that many games each week, and bettors think they stand the best chance of making money if they can predict the outcomes in all of them. This is not an approach we recommend.
The favorite team or player on the moneyline is the team that’s expected to win. This side of the bet usually listed with a minus (-) sign. The underdog team or player on the moneyline is the team that’s expected to lose. This side of the moneyline is usually listed with a plus (+) sign. These signs signify how either side of the wager will pay. The minus side will pay less than original wager while the plus side will pay more than the original wager.
Another way to beat football point spreads is to shop for off market prices. For example, let's say you're shopping online betting sites and see every site is offering Vikings +7.0. Then, you stumble upon one site that's offering +7.5. There's a good chance that this is a +EV wager, simply because it is out of sync with every other site. Please note that this strategy isn't quite the same as simply shopping for the best lines. Here, you're specifically looking for wagers that are +EV because they're against the market.
Let’s say that people think the Mavericks are going to crush the Magic, and the money starts to pour in on the Mavs. Obviously, the sportsbook likes seeing a lot of bets come in, but they need them to come in evenly. So, to slow down the money coming in on the Mavericks and entice people to bet on the Magic, they will shift both lines. The new line might look something like this:
When unforeseen events occur such as weather, power outages, or any other unanticipated event once the game has started, many people wonder how that will affect the wager. If an event has not started, all wagers should have no action and be refunded. But if the event has started and is interrupted and not completed it gets a little more complicated. The following will examine the special rules for each sport and give you a better idea of what to expect should the event not be completed on the same night. Always check with your book to know any special rules that may apply but according to the letter of the law: the following is how each event should be interpreted.
Remember, these calculations are for your profit. Profit is different than the total money returned that you will get from the sportsbook. If you correctly bet the Falcons to win, the sportsbook will return you $340. This will be your $240 in profit as well as your $100 bet that you made. Make sure that you pay attention to this when working with these numbers because we see people get confused all the time as different sportsbooks will give you different numbers.
The odds given on the spread are usually -110 unless otherwise noted. It is not uncommon to see one side of the spread being -105, with the other side being -115. If you don’t see any odds listed for each side of NFL spreads you are supposed to assume the odds are -110 on each. Not sure how to read NFL betting odds? Check out our Sports Betting Odds guide.
Before actually betting or creating your draft for your fantasy football team, it’s best to take time to study the methods well and find a credible website that would give you the best forecast for NCAA Football Odds. The key to a higher probability in winning is to be able to use all the odds in correlation to each other. Once you understand how NCAA Football Odds computed, you’re on the right track to achieving your goal.
In this guide, we’re going to teach you literally everything you’ve ever wanted to know about moneyline bets and then a whole lot more. Whether you are a beginner or a seasoned bettor, we’ve got something here for you. We’ll walk you through the basics of what a moneyline bet is, why you would want to make one, and how to interpret the different numbers, payouts, and presentation formats you’ll see.
The general purpose of spread betting is to create an active market for both sides of a binary wager, even if the outcome of an event may appear prima facie to be biased towards one side or the other. In a sporting event a strong team may be matched up against a historically weaker team; almost every game has a favorite and an underdog. If the wager is simply "Will the favorite win?", more bets are likely to be made for the favorite, possibly to such an extent that there would be very few betters willing to take the underdog.