Sports spread betting began in the United Kingdom in the late 1980s to offer an alternative form of sports wagering to traditional fixed odds, or fixed-risk, betting. With fixed odds betting, a gambler places a fixed-risk stake on stated fractional or decimal odds on the outcome of a sporting event that would give a known return for that outcome occurring or a known loss if that outcome doesn’t occur (the initial stake). With sports spread betting, gamblers are instead betting on whether a specified outcome in a sports event will end up being above or below a ‘spread’ offered by a sports spread betting firm, with profits or losses determined by how much above or below the spread the final outcome finishes at.
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.
Armed with the knowledge of how to remove vig, it's now possible to prevent yourself from making the same mistakes that the majority of bettors make. Most bettors understand the importance of line shopping (i.e. comparing the lines and odds at different bookmakers and betting sites). However, if they fail to also understand how moneylines and vig work, then they're probably going to make wagers where they think there's positive expected value (+EV), even though there's not.
Betting against the spread - In the sports betting industry the acronym ATS is used to label a team's record when betting against the spread. ATS records are a valuable tool in sports handicapping. A team may be playing great straight-up, winning a lot of games but at the same time they could have a dreadful ATS record because they are overvalued by the general public and the oddsmakers. And, conversely, a team could be losing a lot of games but playing in a lot of close games as underdogs and have a good ATS record going.
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:
Straight bet - Amid all the fancy and lucrative-looking bets that are available, never lose sight of the value in a standard straight bet. You probably should learn and practice this bet often before learning any others, and it should be noted that people who bet for a living or a large portion of their income place straight bets almost exclusively.
On the other hand, underdog moneylines can be lucrative wagering opportunities. Upsets happen more often than some of us think and moneyline betting is a great way to take advantage. For example, for a moneyline wager of +250, a bettor will only need to win about 28% of the time to break even and for a +300 wager the bettor would only need to win 25% of the time to break even. If you can spot upsets even decently well, moneyline wagers on underdogs can be profitable bets.
When betting on American sports such as NBA or NFL, there are usually two main categories that appeal to punters. These are the point-spread or the moneyline. With spread betting there is a 50% chance to win on either side since the spread is actually a handicap that is given to the underdog to even out the chances for both teams on a game or a match. The majority of the time, punters will win just about the amount they bet on a point spread. Moneyline bets can be a bit more complicated and there is no point spread involved. In fact, it is a simple bet to place as one will simply be choosing who will win the game.
When wagering against the spread, you bet on the team that will cover the betting line, and not necessarily win the game. Obviously by taking the favorite, a bettor believes that team will not only win the game, but also win the game by a certain number of points to cover the betting line. But when wagering on the underdog, that team does not necessarily have to win the game to cover the line. For examples of point spreads and how those bets are won, please keep reading below where we explain betting odds for the spread in detail.
Let's look at a different option. We bet the Cowboys +3, and the final score is Chargers 21, Cowboys 19. Even though the Cowboys lost the game, we still win our bet because they lost by less than three points. How much are we going to get paid on this bet? Well, we look in the parenthesis and see we will get paid at -120. This means that for every $100 we bet, we will get paid $83.33 in profit.
As you can see, the public seems to think that Florida is going to win this game by more than seven points. If the game started now, the sportsbook would stand to lose a lot of money if Florida did in fact win by more than seven points. They would stand to make a lot of money if Florida lost or won by less than seven points. Regardless of how the sportsbook thinks the game will go, they are not in the business of gambling. They want to guarantee profit as often as they can.
As the numbers grow larger each way – the small numbers get smaller or the positive numbers get larger – that indicates that those options are bigger and bigger favorites, or bigger underdogs. That’s particularly relevant when you’re looking at something like the odds to win the Super Bowl. The teams with smaller numbers are deemed as having a better chance of winning and then as the numbers grow larger, those teams are deemed bigger and bigger longshots.
The team that has the minus sign, which is the favorite, has points deducted from its final score, while the dog, with the plus sign, has points added. The favorite must beat the spread, which means they have to win by more than the negative number to pay off. The underdog pays off in two instances—if they win outright or if they lose by less than the spread.
Actually handicapping games is far from simple though. Or, at least, handicapping them well is. There are all kinds of different factors that can affect the outcome of a game, and you need to take as many of them as possible into account. You also need to assess just how much of an impact those factors will have, and try to accurately evaluate just how likely a team is to win. For more advice on how to do this, please see the following article.
This is four different games you can bet on, right? Wrong. These are several different handicap bets that you can make on a single game of soccer. Each of the individual rectangles is the same as the point spread bets we talked about earlier. For example, the first rectangle is betting on Liverpool at -3, getting paid 6 to 1. This means that if you take this bet you need Liverpool to win by four or more goals and you will get paid 6 to 1, or $600 for every $100 you wager.
So, how do you sign up for these picks? Do we need a credit card? NOPE! All of this is completely free and doesn’t require you to sign up for anything. We know that normally this level of information is charged for, but we’re fans of shaking up the game. Click the link below, and you’ll be whisked away to see all of the real-time picks our expert bettors are currently making or planning to make on upcoming games. Bookmark that page, as the picks are updated daily throughout the NBA season and post-season.
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.
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.
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.
Let’s say that the Mavericks and the Magic are playing in an upcoming game, and both teams are equal counterparts. Let’s say that the odds for that game are as follows. You will never see these odds, though, because in this example, the sportsbook is not set to make any money if they achieve their goal of getting money on both sides of the bet. But we need to look at it for you to better understand things.
Obviously, the first three letters on the top two lines of the three-line package of symbols represents a team in the game you’re wagering on; NYG stands for the New York Giants, while DAL stands for the Dallas Cowboys. The number next to each team’s name is known as the spread or the point spread. Wagers on the point spread are among the most popular sports wagers in the world. The reason this wager is popular is that it doesn’t matter which team wins or loses; what matters is the amount of points the teams score, and whether or not the team you place your money on beats the difference in points (the ‘spread’) or not.
Feel free to play around with exactly how much to bet per wager. We just wanted to show you that making a guaranteed profit is doable. Since it's possible to claim bonuses at a number of different sites as a new customer, and since many sites offer a reload bonus, this strategy is repeatable. The most important thing to remember is this; only bet with reputable sites, like any of the ones we recommend.
You may be wondering how we determined which of the two teams was the favorite and which was the underdog. You may also be wondering how much you get paid out for a bet on either side of this game. If you look at the odds above (this is a screenshot from an actual online sportsbook), you’ll see that all of that information is given to you. Before the spread number of 4 ½, you’ll see a plus or minus sign. The plus sign indicates the underdog and the minus sign indicates the favorite.
In this instance, the Dodgers are the favored team, as signified by the negative numeral. It would cost you $130 in order to collect a $100 payout on a Dodgers victory (plus the original wager of $130). But if you bet $100 on the Cubs, you'd collect $120 if they win (plus the original wager). In other words, you'll have to wager more money on Los Angeles than you would Chicago in order collect $100 on a bet.
This used to be impossible or extremely time-consuming when only land based sportsbooks and casinos existed. You would have to drive hundreds of miles if you wanted to get to another casino and then hope they still had the different line. This would cost you travel money as well as time. Online sportsbooks make this extremely easy now. You can check several sportsbooks lines on a game within a matter of seconds or minutes. It doesn't cost you any additional money, just a few minutes of your time and can have a huge impact on the outcome of your bets.
The way the sportsbook does this is by putting out a betting line that is based on how many points they think the better team is going to win by. This is a lot like how our older siblings would "spot us" a few points when we played each other in basketball as kids. For example, let's say that Florida Gators are playing the Arkansas Razorbacks. Let's also say that Florida is the better team and the sportsbook thinks they are going to win the game by seven points. They can't just let everyone bet evenly, or everyone would bet Florida and clean them out. Enter the point spread. The sportsbook would set the point spread on this game at -7 for Florida to win. The negative sign before the number signifies that this team is the favorite to win. This means that if you want to bet on Florida, they have to win by more than 7 points for you to win your bet.
You’ll need to know how the rotation number, point spread, moneyline and over/under are used and what each means. Each of these terms may be called by another name. The rotation number if often referred to as the number or the rotation mark, moneyline becomes line, point spread is called the spread, and over/under becomes the total. When you come down to it, these are the major terms that can be lumped under the heading odds.
Spread betting is one of the most popular forms of betting for sports enthusiasts and it involved speculating the outcome of a game or a match and trying to guess what the score will be and what he spread is between the two final scores of the game. With sports betting, spread bets allow punters to bet on if a team’s final points are higher or lower than a projected total. Many pointers rely on tips when they are spread betting. The first is that punters should always choose an even bet and make sure it is one they are comfortable with. Always take time to learn the stats and performance record for the teams involved so an education decision can be made.
Oftentimes a point spread will not be a whole number, and will be accompanied by a decimal point and a half number. This can be significant for a point spread. Essentially what it comes down to is that a whole number point spread gives the opportunity for a wager to push. A push means that if the favorite is favored by 10 points and wins by 10 points, bettors get their money back. Just like when betting on the over/under total for points, the spread is a half-point in addition to the whole number, there is no chance to push.
The 2-way moneyline is what most North American bettors would simply refer to as “the moneyline”. This is one of the most common wagering options where the user bets which side will win the game straight up. (A draw or tie results in a push with the 2-way moneyline.) The term is sometimes highlighted during soccer betting to differentiate from the 3-way moneyline - a more popular option with the draw added as a wagering option.
The true purpose of a pointspread when it is released by any sportsbook is to try and attract an equal amount of betting action on either side of a matchup. If all the early money is flooding in on New England as the favorite with a seven point spread, the betting outlet handling this action is likely to move that betting spread to 7.5 points to try and attract some money towards Miami as the underdog.
You can bet the money line option in every single sport that is offered up. It is the simplest form of betting and it is also the primary way to bet sports in which a point spread isn’t available (think hockey or baseball). Money line wagers are also available in football and basketball, but the point spread wager is much more popular. It is also used in tennis, golf, boxing, MMA, cricket, table tennis, and any other sport you can think of that has a winner at the end of the game.
Winning at sports betting is challenging. If it were easy, everyone would quit their jobs and do it, and sportsbooks would all be out of business. What makes it so challenging is that the lines are usually set pretty spot on which means it's a bit more challenging to pick the correct side of the bet. That being said, it's definitely not impossible to make money betting basketball point spreads. You'll have to develop a winning strategy and continually tweak it until it's perfect. Here are a few tips and strategies that will help point you in the right direction.
The most common NFL spreads are usually set between about 2.5-10.5 points, but you will also almost always have games each week with spreads lower than 2.5 and higher than 10.5. In the event that the oddsmakers feel the game doesn’t need a spread, it would be set at 0 or what some call a pick’em (both teams are given even odds to win for this type of bet).
Simply, bigger returns. On a point spread bet you would usually have to spend $105 or $110 to win $100. If you bet on the moneyline you may instead only have to spend $50, or even less, to win $100. You won't win as often, of course, because the underdog not only has to cover the spread, but it actually has to win the game outright. Upsets happen, though, and good handicapping will often isolate situations where the likelihood of an upset exceeds the risk of the bet. This is especially relevant in the NBA because the number of games, and the possibility for even the best teams to have a bad night mean that major upsets are far from rare and can be very profitable.
In an effort to have equal money on both sides of a wager, the sportsbook operator will move the point spread to attract money on the side that customers aren’t betting on. The odds for a point spread might change before the actual point spread. There are certain point spread numbers, like 3 and 7 in football, the sportsbook operators would like to avoid moving away from since they final score margin falls on these two numbers most often.