When betting the point spread, there is almost always a winner and a loser. However, in some instances sportsbook decide to put out a whole number such as -3 for bettors to bet on. If the final score ends with a differential of three points - no matter who wins - the bet is considered a "push" and all money is refunded to both sides since neither team covered the spread.
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.
Understanding NFL betting lines is just the first step towards making profits with football wagering. Once you've got the basics down, it's important to continue learning sports betting strategy to improve your long-term chances of winning. If you're able to win more than 52.4% of the time, you'll be well on your way towards being a profitable NFL bettor.
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.
Which brings me to my next point. If you are serious about getting into sports betting, it is vital to have more than one sportsbook to make a wager at. Shopping around for the best lines will help your bankroll and you will be able to turn a bigger profit. If you see a pair of sneakers for $110 at one store, and the exact same pair is $102.99 at another store - which store are you buying them from?
Hopefully, by now you are an absolute expert on point spread and handicap bet types. If you're still confused on anything, take your time and reread through the examples we posted and it should slowly become clearer to you. Sometimes the math can be a bit confusing to people, so take your time. If you are ever confused with a bet, you are making online or at a casino, just ask support of the agent for help to clarify. They will be more than happy to assist you in making sure you've bet on exactly what it is that you want to bet on. Don't worry, no one will laugh at you or give you a hard time because you are confused. We all were new to this one day, and they are specifically paid to help new bettors like you understand everything and have a much better betting experience.
In the UK and some other European countries the profit from spread betting is free from tax. The UK and some other European countries tax authorities designate financial spread betting as gambling and not investing, meaning it is free from capital gains tax and stamp tax, despite the fact that its regulated as a financial product by the Financial Conduct Authority in the UK. Most traders are also not liable for income tax unless they rely solely on their profits from financial spread betting to support themselves. The popularity of financial spread betting in the UK and some other European countries, compared to trading other speculative financial instruments such as CFDs and futures is partly due to this tax advantage. However, this also means any losses cannot be offset against future earnings for tax calculations.
This also comes into play on games that you think the line is correct. For example, let's say you think the line of Florida -7 is correct, so you elect not to bet it because there is no value. This doesn't mean you should never look at this game again. If the line happens to shift in either direction, you can make a bet that has value. If the line moves to Florida -6, you place a bet on Florida because you originally thought they would win by seven. If the line moves to Florida -8, then you place a bet on Arkansas at +8 because you originally thought Florida would win by seven and Arkansas would lose by seven. The next strategy tip is a good idea to help you be ready for these situations.
Sometimes with NFL odds you’ll see a spread posted as a whole number. Decimals or fractions are usually utilized to ensure there won’t be a tie. If in our example the spread was reset to 10 with the Colts favored and they win by 10, then the game is considered to be a tie, which in betting terms is called a push. If there is a push all bets are off and the sportsbooks return all wagers back to the bettors.
Is that each game will have a favorite and an underdog. Even in contests where it’s a toss-up, the sportsbook will select someone as the favorite and the underdog for betting purposes. Depending on how big of a favorite or underdog the team or player is, the payout will be adjusted. The bigger the favorite, the smaller the payout. The bigger the underdog, the larger the payout.
By far the largest part of the official market in the UK concerns financial instruments; the leading spread-betting companies make most of their revenues from financial markets, their sports operations being much less significant. Financial spread betting in the United Kingdom closely resembles the futures and options markets, the major differences being
On the other hand, betting which team is going to score first is a bit of a crapshoot. Sure, you could try and predict who has the better chance of winning the opening toss, but even then it’s going to be a bit of a gamble to predict which team scores first. If you’re betting on this bet, you’ll only be guessing, and therefore have no way to exert an edge over your competition.
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.
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.
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.
From time to time, DraftKings might decide to publish offerings referring either to the single performance of a participant or team; or offerings which combine the potential outcomes of 2 or more participants at higher odds than those normally available, also known as ‘Bet of the Day’. DraftKings reserves the right to withdraw such offers, edit the respective odds, and effect any further changes that might deem necessary at its sole discretion.
There's another reason to bet the underdogs on the moneyline as well. If your handicapping has made you feel very strongly that a poor team is due for a big win then the moneyline allows you to profit much more handsomely from your conclusion than a point spread bet does. The moneyline, then, is a powerful situational tool for people who closely follow the NBA.
The sportsbook will sometimes move this line if they need to encourage more bets on one side of the game. Their end goal is to have the same amount of money bet on both sides of the game so that no matter who wins, they make money. For as much as they love to facilitate gambling and betting, they don’t like to leave things to chance for themselves.
If the public comes out and bets really hard on one side, the line is going to move a lot making the odds worse on that side and a lot better on the other side. If you’re planning to bet against the public, you should wait to bet until the line moves as far as you think it is going to. Be careful, though, if you wait too long and some big money bettors bet, they can move the line back.
If you bet on sporting events, you must be able to read odds and understand what they mean. Furthermore, you need to quickly calculate the potential winnings for different bets, especially if the odds are changing while the event unfolds. Odds tell you the likelihood that an event will occur (a team wins, a boxer makes it a certain round) and how much will be paid out if you win. There are, however, multiple ways to convey this information.
The sportsbook is not going to have props conveniently labeled as “skilled NBA props” and “gamble, gamble props,” so it’s up to you to use your common sense to decide which bets you should be getting involved with and which you should be avoiding. Remember, unskilled entertainment prop bets are not bad as long as you know that they can’t be beaten long-term unless through sheer dumb luck.
All connotations related to the bet must be fully and unquestionably complied with for the bet to be deemed as winning, regardless of any possible conflict with the sport-specific rules, or with any potential interpretation based on previous or current presentation of offers related to events in that particular sport and the way these are normally presented in DraftKings Sportsbook. Bets will be settled as void should it still be impossible to determine a winning outcome.
You may have heard the term “covering the spread” or the phrase “betting against the spread.” This means that if the favorite team wins an event with the point spread taken into account or that the underdog team wins with additional points, they have covered the spread. If the Packers win that game by more than 7 points, they have covered the spread.