Point spread and handicap betting are one of the most popular forms of sports bets that you can place. The reason we say "one" of the most popular forms instead of "two" is that these bets are effectively the same thing. These bets are a lot of fun because they allow you to root for teams that you still think are going to lose. With point spread and handicap bets, the team you're betting on can lose the game, and you can still win your bet. In contrast, the team you are betting on can win the game, and you can still lose your bet. Now that we've thoroughly confused you let's build up your knowledge, so you're an expert on the bet type. This is like sports betting boot camp; we confuse you and break you down and then build you back up as a betting machine!
A spread is a range of outcomes and the bet is whether the outcome will be above or below the spread. Spread betting has been a major growth market in the UK in recent years, with the number of gamblers heading towards one million. Financial spread betting (see below) can carry a high level of risk if there is no "stop". In the UK, spread betting is regulated by the Financial Conduct Authority rather than the Gambling Commission.
As we did with the underdogs, we need to figure out how much we will profit for each $1 that we wager. For underdogs, we divided the moneyline number by 100. For favorites, it is the exact opposite. We will take 100 and divide it by the money line number. So, for this example, we will take 100 and divide by 155 and get about $0.645 or about $0.65 in profit for every dollar that we bet.
Betting “against the spread” (ATS) just means you’re betting on the point spread in a particular matchup as opposed to the moneyline, or some other type of wager. Bettors often use a team’s ATS record to gauge its performance against the spread. For example, the New England Patriots were 11-5 ATS in the 2017 regular season, meaning they covered the posted point spread 11 times, and failed to cover five times.
If you’re new to sports betting or are a seasoned bettor looking to make some tweaks to your strategy, including moneyline bets could be a great move. They’re simple to learn and provide a fantastic way to add serious profit to your betting strategy. Don’t let their simplicity fool you. It still takes quite a bit of skill to beat them. But if you take the information we gave you here and really search for value opportunities, you’re hopefully going to be able to come out on top. Remember, sports betting is a marathon and not a sprint, so make sure to think long-term.
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.
It is important to note the difference between spreads in sports wagering in the U.S. and sports spread betting in the UK. In the U.S. betting on the spread is effectively still a fixed risk bet on a line offered by the bookmaker with a known return if the gambler correctly bets with either the underdog or the favourite on the line offered and a known loss if the gambler incorrectly bets on the line. In the UK betting above or below the spread does not have a known final profits or loss, with these figures determined by the number of unit points the level of the final outcome ends up being either above or below the spread, multiplied by the stake chosen by the gambler.
We’ll start by posting a question. If you think that one team will beat another team and you are almost certain of it, should you make that bet every single time? If you answered yes, then you really need to start learning this concept. What we neglected to tell you was that the team you wanted to bet on have odds of -2000. This means that for a $100 bet, you will get a profit of $5.
For example, imagine a game where the odds were -550 for the favorite and +450 for the underdog. A bettor shopping around for lines might be delighted to see the same favorite offered at -490 and enthusiastically back the team at those odds simply because those are the best odds available. However, if we removed the vig from -550 and +450, we'd see that the fair odds are actually -466 and +466. So, placing a wager at odds of -490 doesn't actually offer any value.
In North American sports betting many of these wagers would be classified as over-under (or, more commonly today, total) bets rather than spread bets. However, these are for one side or another of a total only, and do not increase the amount won or lost as the actual moves away from the bookmaker's prediction. Instead, over-under or total bets are handled much like point-spread bets on a team, with the usual 10/11 (4.55%) commission applied. Many Nevada sports books allow these bets in parlays, just like team point spread bets. This makes it possible to bet, for instance, team A and the over, and be paid if both team A "covers" the point spread and the total score is higher than the book's prediction. (Such parlays usually pay off at odds of 13:5 with no commission charge, just as a standard two-team parlay would.)
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.
The National Basketball Association (NBA) has always been a staple of the sports betting community. As a part of one of the big four sports, bettors have been working to develop systems to best the basketball betting industry for decades. Some have succeeded and enjoyed the spoils, while some have fallen. Our guess is that most of those who have fallen did so due to a lack of effort, a lack of information, or just no knack for the sport.
Bets on "Race to X Points / Race to X Goals..." and similar offers refer to the team/participant reaching the earliest particular tally of points. If the offer lists a timeframe (or any other period restriction) it will not include any other points tallied from other parts of the event which are not related to the mentioned time frame. Should the listed score not be reached within the stipulated time frame, all bets will be declared void, unless otherwise stated.
Point spreads are more common in the United States, but you can see them throughout the world. A point spread, in theory, is the sportsbooks attempt to create a "level playing field." Let's look at an exaggerated example that will make this clearer. Let's say the New England Patriots are playing a game against a junior varsity high school football team. They're also using deflated footballs, and the Patriots get to see the high school team's playbook before the game. If a sportsbook were to allow you to bet on which team would win, everyone would bet on the Patriots as they would probably annihilate this other team.
The point spread, which is sometimes referred to as the “handicap”, is the number of points taken from the favorite, or given to the underdog, in order to open up the chances of either team winning the wager evenly. In most games, there’s usually a team that is more likely to win, based on a number of statistical factors. If the only kind of wager available was on who would win between a very strong team and a poor team, it wouldn’t be all that exciting. The point spread was designed to make betting much more interesting, since it allows a bet on the losing team to win you money. How? Let’s break down an example: