This may sound confusing, but spread betting is one of the easiest forms of sports betting offered. It also offers better odds when betting on the favorite team and the normal odds are 10/11 or -110. When one chooses to bet on the underdog that team does not have to win, they just have to cover the spread. Spread betting is pretty simple and it allows punters to enjoy an exciting form of betting that can lead to some significant wins.
Ideally, the lines I release will balance the action equally, so that the winners get paid out from the pockets of the losers and we take the vigorish. That’s an ideal that rarely happens – especially in sports without a pointspread, like NASCAR and golf. If Team A is getting too much action, I’ll move the line toward Team B to try to achieve that balance. My personal preference is to tweak the vig from –110 to –105 or +100 before taking the bigger step of moving the spread a half-point or more.
Here in this point spread example for the NFL, the Falcons are playing the Panthers. Atlanta has been set as a three-point favorite on the betting line. That means that for Atlanta to cover the spread that has been set, they will need to win by at least four points. And for Carolina to cover the point spread, they can do so with a loss by two points or less, or obviously a win straight up. If the Falcons win by exactly three points, the bet would result in a push with no payouts.
If you want to predict what will happen when Team A meets Team B, your best stats to analyze are those generated in their most recent head-to-head matchups at the same venue. The habits of the betting public are fairly constant, so ATS results in general have a longer shelf life, but don’t bother going too far back in time. The 2009 New York Yankees are going to look a lot different than the 2008 Yankees or the 2000 Yankees. (Source: The Sports Bookie Blog)
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.
When it's not NFL season, BetOnline keeps on chugging along with point spreads for numerous other sports including men's + women's basketball (pro + college), along with run lines for baseball (full game + 5-inning), and they even have goal lines for several hockey leagues worldwide. BetOnline excels when it comes to betting on any sport, visit them today and give them a chance to prove it...it will not cost a cent!
With money line bets the goal is to pick the outright winner of a game or event without the use of a point spread. While money line betting is available for sports where point spreads are used, they’re most popular in sports like baseball and soccer where very few points are scored. Money lines are also used for sports where points do not determine the winner or loser, as in auto racing or tennis.
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.
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.
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.
Our recommendation is to take these strategies, understand why they work, and integrate them into your personal betting strategy. If you couple all of that with some good solid research and some hard work, you’ll be on the right road to profit. NBA betting isn’t easy, but it’s certainly beatable. With the tools we’re providing you here, you should know exactly what you need to do to get to the next level.
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.
In our earlier example, the sportsbook would be devastated if 100% of the action came in on the Falcons. The book is not looking to gamble; they are looking for a sure thing. So, to try and entice more people to bet on the Bear Cubs and discourage people from betting on the Falcons, they will alter the payouts. They will make the amount you win for correctly selecting the Bear Cubs much larger and the amount that you win for correctly selecting the Falcons much smaller.
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.
You see, people too frequently get caught up on their win-loss rate, which actually has no real effect on their bottom line. You can win more bets than you lose and still be losing money. On the other side of things, you can lose more bets than you win and be wildly profitable at sports betting. It all comes down to successfully finding value and pouncing on it when you see it.
Each week you'll submit who you think will cover each football game based on the point spread entered by your pool administrator (see below for an explanation of point spreads). For the last game of the week (usually Monday night) you will specify the total number of points you think will be scored in that game. For each game you choose correctly, you will receive 1 point. The player with the most games chosen correctly will win the pool for that week. If there is a tie, the player that is closest to the actual total points scored in the last game of the week will win the tiebreaker. If there is a tie after that, the winnings will be split up between those players.
Point spreads focus on a margin of victory between the two teams and again, what you’re looking for is the positive and negative signs. If there is a minus sign next to a team’s spread, that suggest that they are favored and have to win by or cover that amount. If there is a positive sign, that tells you that they are the underdog and they are getting points. For example: let’s say that the New England Patriots are playing the Buffalo Bills and the Patriots are -5.5 and the Bills are therefore +5.5. If you bet the Patriots, they have to win by six points or more to cover. If you bet the Bills, they can lose by five points or less, or they can win the game outright and you would still win your bet.
Essentially, a moneyline bet is a bet on which team is going to win the game. There is no point spread or other handicap for either team, so if you pick a team and it scores more points than the other team then you win. Obviously there has to be a catch, though, or the bet would be way too simple. The sportsbooks balance their risk by setting different prices on each team. You win a smaller amount than you bet if you pick the favorite, and you generally win more than you bet if you pick the underdog. The stronger the favorite the less you will win, and vice versa.
Baseball, soccer, and ice hockey are mostly moneyline betting, since these sports do not have point spreads moneylines are the default way of wagering. Football and basketball do have moneylines in addition to point spreads. In recent years, football moneylines have become extremely popular among sports bettors. Moneyline betting is based on the amount bet per $100. Let’s look at look an example of a baseball moneyline:
If you're just getting started with NFL betting, the most important thing you need to do is learn how the lines work. But this is easier said than done because NFL lines can seem like learning Greek to new bettors. Fortunately, learning football betting lines won't take you nearly as long to master as the Greek language. In fact, you should have a good understanding of the matter just by looking at the following information on how NFL betting lines work.
A wager on the Giants on the spread does not mean that New York has to win the game in order for you to win cash. All the G-Men have to do is come within 8 points of the ‘boys, and you’re a winner. You determine a winning or losing point spread by adding or subtracting 7.5 from the final score, depending on which side you laid your bet. If you’re confident that New York will at least come within a touchdown of beating the Cowboys, or beating them outright, then you’d wager on the spread in favor of New York.
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.
Let's use our example from earlier, but this time let's say you think that Florida will cover the -7 spread. Should you place this bet? Maybe. Yes, this is good value bet and one that you should bet, but maybe not right away. Let's say you think the public is improperly going to dump a lot of money onto Arkansas. If this happens and you wait to place your bet, the line might move in your favor. By waiting, you may be able to get Florida at -6.5 to win. This means that if you bet right away, you would only tie if they won by seven points. By waiting, you will win your bet now if Florida wins the game by seven points.
For example, let’s say that two players are playing a tennis match and one player is +250. You think that this player has a MUCH better chance than that but still is an underdog. Most people would tell you that you are crazy to make a bet on someone that you think is going to lose. The thing is, though, underdogs do win and if you’re getting paid more than you should when they do, you’re going to be profitable. Here’s a simple math breakdown.
Money line bets are on offer on all major sports. In the NFL, baseball, the NBA and the NHL, the money line traditionally goes alongside the point spread bets – in many cases being the least popular, especially in football and basketball. In many sports there is no point spread, motor sport being a good example, so in a sport like this, the money line is the only way to bet on the outright winner. Sports with small margins of victory are also popular money line wagers – soccer being an example, where point spreads are possible, but because of the lack of goals, the money line wager is preferable (the same can apply to baseball and hockey – although puck lines and run lines are a way for the gambler to enjoy point spread betting in these).
If you are able to interpret NFL odds and know what the various terms mean, such as the rotation number, point spread, moneyline and over/under, you’ll have a basic understanding on what you are betting. Prior to wagering make sure you see our NFL odds page, which carries all the latest odds from the top online sportsbooks. Remember that the odds makers are attempting to even the out the bets on each game. The sports bettor has to analyze each game and the odds and make their bets accordingly in order to win cash.
You’ll see on the right-hand side of the teams a number with an “o” or a “u” before it. As you may have already gathered, the “o” stands for over and the “u” stands for under. Even though the over is on the Celtics line and the “u” is on the Mavericks line, it does not matter. They’re written that way for organizational sake and not because either bet is connected to either team. Remember, it only matters that the total score of the game is. One team can score all of the points, and you’ll still win your bet.
Especially in major tournaments, some sports books offer odds on unusual golf propositions, such as the over/under on the winning score, the over/under on the lowest round by any golfer or the over/under on the finishing position by a particular golfer. For example, the over/under on Woods' finishing position may be 3 1/2. If he finishes first, second or third in the tournament, the "under" wins; if he finishes fourth or worse, the "over" tickets cash.