*How the point spread works - When two teams meet on the playing field or on the basketball court, one team is typically better than the other or in a more favorable position because of factors like playing at home. If all you had to do were pick the winning team in a game, everybody would simply wager on the best team or the home team in a even matchup and bypass all the lines and collect their winnings at a high rate.*

Absolutely. When the lines go up for the NFL, or for the first game of the NCAA men’s basketball tournament, there are several days in between the open and the game itself where movement can take place. You’ll find that the betting public tends to pile in on their favorite teams once they get home from work on Friday. You can anticipate these line movements and time your bet accordingly to take advantage.

By this point, you should be feeling pretty well versed in all things NBA betting. We’ve walked you through how to use our free expert picks, where to place your bets, the strategies you need that are specific to the NBA, and the different types of bets you have at your disposal. Whether or not you become a successful NBA sports bettor now is up to you. If you study this material, do your research, and put in some hard work, you can be on the road to crushing the books in no time. We wish you the best of luck and are always here if you ever need any additional help.

__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.__

The point spread bet is a bet designed to give each team an equal chance of winning a particular game. Obviously, not all teams are equal, so the sports-books have devised a mechanism to even up the teams, and that is by taking points/runs/goals off the team who is favored. The more a team is favored, the more the gambling site will take off them, enough to theoretically make the game a 50/50 chance.

**When you bet on the money line, you are betting on one side to simply win. Any time you see a money line, the minus sign (-) indicates the favorite while the plus sign (+) indicates the underdog. For example: Chicago Bears –240 vs. Minnesota Vikings +210. Using $100 as the base, it will take $240 wagered on the Chicago Bears to win $100. For a bettor wagering on the underdog Minnesota Vikings in this scenario, $100 will win $210. With the money line you just have to hope your team wins rather than cover a point spread. Of course, the one downside is having to risk more money to return the same amount that a point spread bet would net you.**

_{Let us be clear before we go any further with this strategy tip. If there is value in a bet, go ahead and make it. What we want to talk about, though, are bets where you are risking an abnormally high amount of money to win a very small amount of money. While this is still technically profitable, you might not get enough opportunities to push through the variance and realize your value. }

**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.**

_{Betting on the point spread is completely different from betting on teams to win a game outright. Known as "betting on the moneyline", instead of using points to handicap each side of the wager, the sportsbook will use greater payouts versus the amount risked to reflect their relative perceptions; teams not expected to win (underdogs) pay more, sometimes exponentially, than when betting on the favorite to win when wagering on moneylines. }

_{The term moneyline is actually somewhat misused in sports betting as it really just means a type of odds format. Technically, it is a way to represent the odds/payouts for a win bet, but we’re not going to split hairs. What we’d like to point out is that the odds on each participant in a sporting contest can be listed in one of three different formats. }

"Draw No Bet" is where it is possible to bet on either the home team or the away team. It is also common practice to refer to "Draw No Bet" in cases where no draw odds are offered. Should the specific match contain no winner (e.g. match ends as a draw), or the particular occurrence not happen (e.g. First Goal, Draw No Bet and match ends 0-0) the stakes will be refunded.

*If an intentional foul causes an injury and the injury results in the fight being stopped in a later round: (i) the injured boxer will be deemed to have won by technical decision if he is ahead on the scorecards and (ii) the fight will result in a 'technical draw' if the injured boxer is behind or even on the scorecards (and, for settlement purposes, the result of the fight will be deemed to be a draw).*

`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.`

**Having set the point spread, this is the point where the gambling public can influence the line. You might have noticed that a line five days before a game might look very different to the line an hour before the kickoff. Barring some major line-up changes due to injuries or suspensions, the line will most likely be moved by weight of money. If the majority of money is coming in on one side of the point spread, the book will move the line to make the bet a little less attractive, which will help them level the book up somewhat.**

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).

_{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. }

**Oddsmakers do more than pick the winners and losers of each game. They weigh myriad factors to determine which team is favored by how many points. They set an early point spread on each game, then adjust it up or down based on betting patterns. If the Dallas Cowboys are 6-point favorites over the New York Giants, they must win by seven or more points to pay off winning bets. If you wagered on the Giants, you win your bet if New York either beats Dallas outright or loses by five points or fewer.**

_{All point spreads are set by the pool administrator. NOTE: The administrator has the power to change the point spreads at any time up until 15 minutes before the start of the first game, so make sure you know when the administrator will make the final changes. For your own information you should also find out where the administrator is getting their point spreads. }

_{If you were correct though but getting paid at the sportsbooks rate, you would lose the bet 55.6 times (-$5560) and win the bet 44.4 times (44.4 x $250 = $11,100). You would profit over $5,000 for betting on bets that you thought you were going to lose! This is finding value. Value bets are great as a part of a long term winning strategy and are the key to conquering the “simple” moneyline/win bets. }

*Having set the point spread, this is the point where the gambling public can influence the line. You might have noticed that a line five days before a game might look very different to the line an hour before the kickoff. Barring some major line-up changes due to injuries or suspensions, the line will most likely be moved by weight of money. If the majority of money is coming in on one side of the point spread, the book will move the line to make the bet a little less attractive, which will help them level the book up somewhat.*

*These bets are extremely popular and a lot of fun to make. They allow you to bet on teams that you want to root for, but you know they aren't going to win the game outright. It all comes down to betting on how you think the team will perform in regards to what the sportsbook thinks. If you can find teams that you think the sportsbook is undervaluing or overvaluing, you can make a lot of money by betting on your findings.*

*While we're going to cover this extensively in the moneyline section of the Basketball Betting Guide, we'll touch briefly on what the -110 means here. -110 refers to the moneyline payout for a particular bet. If you were to bet $100 on a basketball point spread paying -110 and win, you would be paid out a profit of $90.90. The easy way to figure out the amount you will get paid with minus moneyline odds is to divide your bet size by the absolute value of the betting odds and multiply that number by 100.*

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.

*Point spreads are used since most recreational bettors prefer to wager even money propositions. In the above example, if there was no point spread, only moneyline betting would exist. So, if odds makers are giving the New England Patriots a 73% chance of winning a game, then in order to take bets and still have a small profit margin, the bookmaker would have no choice but to require Patriot bettors to stake $3.00 or more for each $1.00 they want to win.*

__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.__

*It's also important to consider whether or not there's any correlation between the point spread and the betting total. If they are, a parlay wager is a good way to get maximum value. For example, a college football point spread +24.5 parlayed with under 48 points in the same game might be a great parlay bet. If the +24.5 team covers the point spread, then there's an increased chance that the game also goes under the posted total of 48.*

"Draw No Bet" is where it is possible to bet on either the home team or the away team. It is also common practice to refer to "Draw No Bet" in cases where no draw odds are offered. Should the specific match contain no winner (e.g. match ends as a draw), or the particular occurrence not happen (e.g. First Goal, Draw No Bet and match ends 0-0) the stakes will be refunded.

__We mentioned we would touch on the -3500 bet in this section. If you calculate the implied probability of -3500, you see that it is 97.2%. This means that the bet will have to hit 97.2% of the time for you to break even. Now, if you think that the bet is actually 100%, then it might be a smart bet to make. You’re still going to have to put up a lot of money to see any real sort of profit, which might not be desirable based on your personal preferences.__

We go in depth on this in the advanced guide on understanding value that we referenced earlier, but we will give you a brief intro on it here. If you’re able to calculate the percentage chance that you have to win in order to break even, and you can figure out the percentage chance that you think you’re going to win the bet, you can figure out very quickly if there is value.

`Having set the point spread, this is the point where the gambling public can influence the line. You might have noticed that a line five days before a game might look very different to the line an hour before the kickoff. Barring some major line-up changes due to injuries or suspensions, the line will most likely be moved by weight of money. If the majority of money is coming in on one side of the point spread, the book will move the line to make the bet a little less attractive, which will help them level the book up somewhat.`

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.

**The first thing you’ll notice with moneyline odds is that there is either a positive or negative sign in front of the number. What that sign denotes is how much you’ll win betting on each side. If there’s a positive sign next to the odds, that indicates the amount of money you would win if you bet $100. If the odds on a tennis player said +150, that means that for a $100 bet, you would win $150. Now if there is a minus sign in front of the odds, that is the number that you would have to bet in order to win $100. For example, if a football team was -250, that means you’d have to bet $250 to win $100.**

__Say the Bears are a six-point favorite over the Lions and the total is 42. To bet the Bears, you must "lay the points," meaning they must win by seven or more to cover and give you the win. Betting the underdog Lions, you are "taking" six points, and they can lose by five or fewer, or win the game outright, and you have a winning bet. If the Bears win by exactly six, both sides "push" and all bets are returned. It's also a push if the final score equals 42, otherwise the over or under will win.__

For example: New England –2.5 (–110) or Philadelphia +2.5 (–110) means you’d wager $110 for the chance to win an additional $100 if you bet on the point spread. Depending on which side is receiving the most action, a sportsbook will often move the line up or down in order to incentivize betting on the less popular side. Injuries or unforeseen changes can also impact a point spread gambling line. Point spreads are often listed with a half-point (ex: 2.5) in order to prevent the final margin from landing exactly on the point spread (ex: 10-point spread, final score of 20–10). A “push” or “tie” usually goes to the house or sportsbook, unless another arrangement has been agreed upon beforehand.

*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.*

# There are some major differences between the two that all punters should be aware of. One of the great things about betting online is the offering of betting tutorials. With these, the newest punters can learn all about the different types of bets, how to place them and what odds they carry for winning. For those that are looking to enjoy amazing betting options and superb odds, there are many trusted and respected online casinos in canada that offer sportsbook action and awesome chances to collect payouts.

##### 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 number-one key to success here (as it is with any type of sports bet) is understanding what value is and knowing when and how to take advantage of it. Value, in a nutshell, is finding sports bets that are paying you at a better rate than you think they should. If you place enough of these bets to overcome variance, you’re going to be a long-term winner. }

# 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.

__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.__

*Placing a point spread bet means gambling on how much a team will win or lose by. In our above example, the Cowboys are the favorite. How do we know that? The minus symbol in front of the point spread indicates that the bookmaker thinks the final score will have Dallas winning by 7.5 points or more. The underdog, in our example that’s the New York Giants, will always be indicated with a plus sign. If you wager on the Cowboys on the point spread, America’s Team will have to win by at least 8 points for your wager to pay off. Should the Cowboys win by less than 8 points, your bet is lost.*

^{Bookmaker's interest - In order to guarantee a profit for the house, a bookie needs to create even action on both sides of a particular game. In a perfect world the bookie would have 50 percent of the handle come in on the underdog and 50 percent on the favorite. This ensures that the sports books are guaranteed a profit because of the 10 percent commission or "vigorish" charged on most sports wagers. This is why there is "movement" on the point spread. If one side on a game is being bet more heavily, the bookie must move the number in order to attract interest on the other side in order to balance action. }

### To help get you started, we’ve broken down the most popular and the need to know NBA bet types below. Make sure you take the time to read through each of these and figure out how they might play a role in your betting strategy. Remember, you are not required to use all of these bets. Many professional NBA sports bettors will only use one or two bet types and still crush the books. They prefer to keep things simple and work with what works for them. We suggest you do the same.

Apply the money line. It's easiest to think of money lines in relation to $100. A minus sign means you have to bet that much money in order to win $100; a plus sign means that a $100 bet will return that much money. If you bet on Chicago at -110, you'll have to wager $110 in order to get back $100 (plus your original $110). If you bet on Detroit at +145, then a $100 bet will give you $145 (plus your original $100).

^{If you wager $100 cash on odds of +100, you are staking $100 cash to win $100 cash. Your total potential return is $200, which is your initial stake plus your winnings. If you wager $100 free play on +100, however, your total potential return is just the $100 winnings. Whether you win or lose, your free play is used up. Obviously, free play bonuses aren't worth as much as cash bonuses, so that means it's up to you to squeeze as much value out of them as possible. }

_{NFL games are popular moneyline games because the specific outcomes can sometimes be difficult to predict for casual players. Moneyline games are also profitable when they win, which is one reason why the NFL is a favorite among sports gamblers. An example of a money line is: New York Giants (-120) vs. New Orleans Saints (+130). In this game, a bet of $120 on the Giants is necessary to win $100, while a bet of $100 would win $130 in the case of a Saints win. The team with the minus sign is the favorite and indicates how much a player must put down in order to win $100. The team with the plus sign is the underdog and indicates how much a player would win for a bet of $100. }

`Let’s start with the basics: what do sports bettors mean when they talk about a ‘line?’ The word line, in the language of a sportsbook, can refer to either the odds and/or a point spread in any sports contest. Let’s take a look at an imaginary line the way you’d read it off the board sitting in a Vegas sports betting lounge or on the screen at your online book. Let’s imagine a game between the New York Giants and the Dallas Cowboys. Your book’s NFL betting line might look something like this:`

**Point spreads are determined by football 'experts' to even the playing field between two teams. Normally one team will be favored to win over another team. These 'experts' determine the number of points that one team will beat another team by. For example, Chicago is favored to beat Minnesota by 10 points. On the web site it will appear like the following:**

`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.`

^{Sometimes a line will move far enough to create a “middle” opportunity. Say the Texas Longhorns end up facing the Wisconsin Badgers in the first round of March Madness. If you have Texas early as a 5-point favorite, and I move the line to Texas –7 later in the week, then you can also place a bet on Wisconsin +7. If Texas happens to win by six points, both your bets cash in. Texas winning by either five or seven gives you a win and a push. Any other result creates a win and a loss, so you’re only risking the vigorish. }