The first part of each line tells you who you are betting on. The first line is a bet on Mike Tyson and the second line is a bet on Old Man River. Next, you’ll see a plus or a minus sign. The plus sign signifies the fighter who is an underdog, and the minus sign signifies the fighter who is the favorite. As you can see, Mike Tyson is the favorite and Old Man River is the underdog.
You can also bet straight winners and losers -- with no point spreads involved -- with money line wagers. When there is a minus number you bet that amount to win $100 in profit. When there is a plus number, that is your winning profit for every $100 wagered. So if the Cowboys have a money line of -250, you would have to bet $250 on them to win $100 in profit on any Dallas victory. If the Giants had a money line of +150, you would win $150 in profit with a winning $100 bet. If a money line is posted as even, you would win a $100 profit on a $100 winning bet.
Changes to the lineup for a game will have a big effect on the moneyline as well as any other bets you’re looking to place on that game. If a superstar is suddenly out, it’s going to have a big change on where the money is coming in, which will inevitably cause a big shift in the line. Sometimes the sportsbook will even adjust the line preemptively if they anticipate a large change in where the money is going to be coming in on a particular game.
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A common mistake that new bettors will do is to bet every single game. Unfortunately, this is not a winning strategy no matter how sharp you are. Stick to betting the games where you actually see value. Here's what we mean by value. Let's say in our earlier example that you agree with the sportsbook that the Florida Gators should win the game by seven. You should not bet this game then no matter what if the line is -7. If you're right, the best you can do is tie on your bet. When you pick a side, you're basically going to be guessing and flipping a coin. Theoretically, you'll win as many times as you lose, but you'll be paying the house percentage every single bet and slowly bleeding your money and profits away.
Moneyline bets will move the line based on the amount of money coming in on each side of the bet. It has nothing to do with who the sportsbook really thinks is going to win the game and everything to do with that delicate dance of getting the right money on both sides. For example, let’s say that the line for the Magic and Mavericks game is the following:

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Without a points handicap, it would not make sense to pay both sides of a wager the same amount when it's clear that not all teams are on equal footing. In fact, it is entirely possible for a team to lose the game in real-life but still win a bet if they only lose by less than a set number of points. Vice versa, a team can win a game, but lose the wager if they do not win by more points than what was predicted.


Why is this important? If you’re only looking for a fun sweat, it does not matter at all. But, if you’re looking to be a winner and making money long-term is important, then this becomes critical. For those of you profit-minded bettors, make sure that you are only betting on the prop bets that require quite a bit of skill. These bets will be the ones that your knowledge, research, and expertise will help you win over the long run.
There is no such thing as a half point in sports, but there is in sports betting!  The half point ensures that a side will win and that the match will not end in a push, where the spread equals the actual difference in points between the two teams.  In a push all bettors get their money back, which is no good for the oddsmaker!  Half points also give oddsmakers more control over lines, allowing them to set more specific values.
You should already know that the Eagles are the favorite to win and that you should expect less than even money on a correct pick here. You should also know that the Falcons are the favorite, and you should expect better than even money on a correct pick here. Having this in mind every time before you start your calculations will protect you from making a mistake and calculating the completely wrong direction.
Typically hockey is not a popular sport when it comes to point-spread betting because most games are decided by only a goal or two. Sports like football and basketball are better for point-spread betting mainly because they are higher scoring sports. However, Proline does offer NHL point-spread betting and it can get confusing so let’s take a look at how it works.
The spread on offer will refer to the betting firm’s prediction on the range of a final outcome for a particular occurrence in a sports event e.g. the total number of goals to be scored in a football match, the number of runs to be scored by a team in a cricket match or the number of lengths between the winner and second-placed finisher in a horse race.
Moneyline bets can be presented in three different formats including moneyline, decimal, and fractional. While these will look very different, they will tell you the exact same information about the bet including who you are betting on, who the favorite or underdog is, and what the potential payout you would receive from a correct pick. We will cover all of this in the next few sections.
The last type of handicap bet that we want to talk about is an Asian handicap bet. Don't worry, you don't have to be Asian to place this bet; it's open to everyone. This form of handicap bet is set up through the use of whole, and half number point spreads to ensure that no draws are possible. The difference between Asian handicap bets and no draw handicap bets is that the Asian handicap bets have the possibility of what is called a split handicap outcome. Your bet will have a whole number and a half number line that are treated effectively as two separate bets, but all in the same bet.
Conversely, in most other countries financial spread betting income is considered taxable. For example, the Australian Tax Office issued a decision in March 2010 saying "Yes, the gains from financial spread betting are assessable income under section 6-5 or section 15-15 of the ITAA 1997".[6] Similarly, any losses on the spread betting contracts are deductible. This has resulted in a much lower interest in financial spread betting in those countries.
We're often asked a question along the lines of "why would I place moneyline wagers rather than point spread wagers?" There's no simple answer to this question really, as point spreads and moneylines shouldn't be viewed as "either/or" options as such. You don't have to decide that you're always going to bet on the spread, or that you're always going to bet moneylines. These are two different wager types that have their own merits, and any bettor should have them both in their arsenal.
You have three choices for the three betting options: Home, Away, or Draw (tie). The result of the game is decided after regulation play (90 minutes plus injury time). Overtime, the Golden Goal rule, and penalty kicks are not taken into consideration for soccer bets unless otherwise stipulated. You can usually bet on a winner or advancement (including OT & shootouts) but with different odds would be given.
For example, in a cricket match a sports spread betting firm may list the spread of a team’s predicted runs at 340 – 350. The gambler can elect to ‘buy’ at 350 if they think the team will score more than 350 runs in total, or sell at 340 if they think the team will score less than 340. If the gambler elects to buy at 350 and the team scores 400 runs in total, the gambler will have won 50 unit points multiplied by their initial stake. But if the team only scores 300 runs then the gambler will have lost 50 unit points multiplied by their initial stake.
In the United States, most bookmakers use the moneyline format to express the odds they offer for wagers. Thus, moneyline odds are also commonly referred to as American odds. They can be either a positive number or a negative number. A positive number shows how much profit a winning wager of $100 would make, while a negative number shows how much needs to be staked to win $100.

Only bet games where you have a clear prediction on a team covering the spread. Look for lines that you think are incorrect and put your money there. The idea here is to be making intelligent picks that you actually believe will win. If you're betting every game, you're just gambling and no longer letting your skill and knowledge base shine through.
It is a pretty simple concept once you get the hang of it, and you will also start to see profitable opportunities in football and hoops where wagering on the moneyline makes more sense than betting the point spread. If you really like an 8-point underdog in the NFL and think they will win, you can take the 8 points and hope they cover the spread. Or you can check out the moneyline option where they might be +280 and make more money betting them to win ($280) than on the point spread ($100).
You've probably noticed by now that in the first game there are no odds posted in parenthesis to the right of each team. This means that the sportsbook is paying out both bets at the standard odds for a point spread bet of -110. Some sportsbooks will write the -110 in, and some will just leave it blank assuming that you know they will be paying out at the standard odds rate.
Used in high-scoring sports like NFL and NBA, the point spread is a handicap that is placed on the favorite team in terms of points for betting purposes. If 10 points favor the Broncos over the Seahawks the point spread is 10. The Broncos must win the game by 11 or more points for you to win your wager. If you’ve made your bet on the Seahawks, you’ll win your bet if your team wins the game or losses by nine points or less. If the Broncos manage to win by exactly 10 points then the bet will be a tie.
Let’s say the sportsbook has a series of bets that are all +250. You think in reality that the bets should actually be +125 and that the bet is not as big of an underdog as the sportsbook thinks. This means that you think you deserve $125 for every $100 bet that wins but the sportsbook is going to pay $250. Even though you think that the bet is still supposed to lose, you should make this bet.
In most cases, the favorite will be the team with a negative moneyline (in some cases both teams can have a negative moneyline if they are both closely matched). A line of -160 means that you would have to bet $160 to win your base amount of $100. A team with a moneyline of -130 wouldn't be favored nearly as strongly as a team with a moneyline of -330.

When betting on the favorite, simply divide the negative moneyline by 100 to get a decimal. If you were planning to bet on the Celtics in the above example, this would give you 2.40 (ignore the negative). Now all you have to do is divide your stake by that number in order to see what your potential payouts would be. Let's say you wanted to stake $650. When you divide that number by 2.40, you'd see that your potential payout is $270.83.

This is a type of betting line which lays out the amount a player must wager in order to win $100.00, or the amount the player wins on a wager of $100.00. There is no point spread or handicap in this line.  In order to win a moneyline bet, the team wagered on simply has to win the game. Payoffs are based on true odds rather than fixed odds. The amount the player lays or takes may vary from game to game.
It is a pretty simple concept once you get the hang of it, and you will also start to see profitable opportunities in football and hoops where wagering on the moneyline makes more sense than betting the point spread. If you really like an 8-point underdog in the NFL and think they will win, you can take the 8 points and hope they cover the spread. Or you can check out the moneyline option where they might be +280 and make more money betting them to win ($280) than on the point spread ($100).
We need to figure out how much profit we will get per dollar we are going to bet and then multiply that by how many dollars we are going to bet. If we divide the moneyline number by 100, it will tell us how much profit we will get for every $1 we bet. So, 145/100 = $1.45. For every $1 we wager, we will get paid $1.45 in profit for a correct prediction.
Unless otherwise stated all handicaps listed on DraftKings site are to be calculated based on the result from the start of the listed period to the end of the specified period. It is however customary that for certain handicap odds in specific sports (Asian Handicap in Soccer), only the outcomes obtained from the time of bet placement until the end of the listed timeframe will be taken into consideration, thus disregarding any points scored before the time the bet was placed and accepted. Any odds with these characteristics will be clearly displayed on site and highlighted in the user’s Bet History with the score at the time of bet placement.

If a team favored by six points wins by exactly six points, the outcome is considered a "push" and the bettors get their money back, minus the bookmaker's commission. To reduce the number of pushes, oddsmakers often set spreads with half-points. So if the Cowboys are 3 1/2- or 3.5-point favorites over the Giants, they must prevail by four or more points to pay winning bets.
The "Total Points", also known as Goals or Runs, is a 2 selection odds based on the total number of points scored in a game or event by the competitors. The "Total" is set at a specific line with outcomes listed as either Over or Under the listed amount. As with Point Spread/Handicap betting, in those circumstances where the result of the game or event Total point scored is exactly equal to the betting line, then all bets on this offer will be declared void. “Totals” can also be set on any number of predefined occurrences (e.g. goals, points, corners, rebounds, penalty minutes, etc.).
Piggybacking on the simplicity of moneyline bets is the ease with which you can properly assess value. Now, you’ll notice that it doesn’t say “Easy to Find Value,” and that is because it’s never easy to find value in sports betting. If it were easy, everyone would be doing it for a living. What it says, though, is that it is easier to find value with moneyline bets because of the simplicity.
Additionally, we’ll discuss line movement, how the casino profits (important for you to understand), and moneyline betting strategies that can help you crush the books. These strategies will range from basic to advanced, so even the most seasoned of sports bettors should expect to get some value from this. Feel free to skip to a specific section if you came here for specific information. If you’re newer or it’s been a while since you’ve bet, we highly recommend reading this guide from top to bottom, as the sections will build on knowledge from previous sections.
The most important thing you can teach yourself early on is: "Just because the books assign one side to be the favorite (even large, -200 or -300, favorites), does not mean that they will win." We have all seen favorites get upset, and it is important to avoid the temptation of finding comfort in the fact that the lines makers put one team as a favorite.
The prop bets available are going to vary from game to game, and the number of options will increase during the playoffs and into the NBA Championships. The important thing you need to make sure you’re aware of is that not all prop bets are created equally. Some prop bets take a lot of skill to predict, some take some skill to predict, and some take absolutely no skill whatsoever and are just a complete guess.
If your sports betting experience consists mostly of office pools during March Madness or a casual wager between you and a friend while you watch the Super Bowl, the transition to serious sports betting means learning how to read betting lines. The biggest difference between making the kind of casual bets mentioned above and placing wagers with online sportsbooks or at brick-and-mortar bookshops is the use of sports betting lines. Casual wagers usually involve each person in the bet picking one team to win, then wagering an equal amount, say $20 or $30. Professional bookmakers, online sports betting exchanges, and sports betting facilities in casinos have a more complex system for offering wagers on sporting events, in part to ensure profit on the part of the book, and in part to present a standardized representation of odds.
If bettors were quick to jump on the Atlanta line at +4.5 when it first came out, they would have a distinct advantage over those who waited closer to kick off and were stuck with +2.5. The opposite holds true for Carolina. Bettors that were quick to pull the trigger are now laying two more points than they would if they were patient and saw the line movement before making their move.
The last format we want to look at is fractional odds. Personally, we aren’t a huge fan of fractional odds because they’re the most challenging to work with. The formula is almost the same as with decimal odds, but it gives your profit instead of total money returned. It also requires you to solve a fraction, which may be a nightmare for a lot of people. Regardless, we are going to walk you through how to do it with the same bet we’ve been working with.
To counteract this, the sportsbook decides by how many points they think the Mavericks will win. In this case, they think the Mavericks should win by 4 ½ points. On the same token, they think the Celtics should lose the game by 4 ½ points. 4 ½ points is known as the line or the spread. If you bet on the Mavericks with a spread bet, they have to win by MORE than 4 ½ points for you to win your bet. If they win by 5 points, you win. If they win by 20 points, you win. If they win by 4 points, you lose.
If you have stumbled upon this page, chances are you are hoping to learn the definition of a point spread when it comes to sports gambling, specifically basketball gambling. Or maybe you already know what a point spread is, but you are hoping to learn as much as you can before you put some money down on a specific team or game. Whatever the case, you have certainly come to the right place! Keep reading to learn everything you could have ever hoped to know regarding a point spread in sports gambling.

Sportsbooks will use a variety of methods to set their line on a game. Some firms will use computer simulations, some will use a form of power ratings, some will use an experienced team to set the line – some may even use a combination of all three. Other books may even wait to see where their rivals set their lines before dipping their toe in the water themselves.
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