What Does A Spread Of -2.5 Mean?

26.07.2023 0 Comments

What Does A Spread Of -2.5 Mean
To make successful bets on the websites of betting companies, you need to know the basic terms. One of these terms is “spread”. In this review, we will talk about the features of the spread of sports betting. Well, if you already know all about it, you can check out one of the legal bookmakers in the UK – https://superbetting.com/review/888bet-review/,

In simple terms, the spread is the range of outcomes that are considered the most likely outcome in a particular event. Usually, in the line, the spread is indicated as two numbers with a hyphen between them. For example, a football team may have points spread of 80–82. Most often, bookmakers give low odds for a clear favorite, so betting on his clear victory is uninteresting and unprofitable from the point of view of the players.

At the same time, it happens that the probability of a clear victory for an outsider with a rhyme is small, so making such a bet is also dangerous. For such cases, bets with a handicap (point spread bet) were invented, which are offered by bookmakers.

  • What does it mean with a spread?

    | Last Updated: Nov 1, 2022 | Fact Checked By: Josh Collacchi The spread, also referred to as the line, is used to even the odds between two unevenly matched teams. Bookmakers set a spread with the hopes of getting equal action on both sides of a game.

    • For example, the Colts are a -3 point favorite against the Texans.
    • The -3 points is the spread,
    • If you want to bet the Colts on the spread, it would mean the Colts need to win by at least three points for you to win the bet.
    • If the Colts win by two points, you would lose the bet because they didn’t hit the key number of three.

    The spread at -3 suggests the teams are fairly equal and maybe in this case, the Colts are only -3 because they are playing at home. Bookmakers see these teams as equal and expect to receive fairly even money from bettors. If these teams were widely considered equal and bookmakers put the spread at -10, they wouldn’t get equal money as Texans +10 would likely be pounded by bettors.

    • In a spread bet, the odds are usually set at -110 on both sides, depending on the sportsbook and state.
    • That means whether you bet the Colts -3 or Texans +3, you’ll win the same amount of money if you win the bet.
    • If you like the Colts to win but think three points is a tricky number, a moneyline bet could be made on the winning team with no points in the equation.

    In the above example, a Colts moneyline bet doesn’t have any other requirements other than they win the game. The difference is that their odds may be set at -140 to win. On the other end, the Texans could be +120 to win. While betting the Colts moneyline leads to a smaller payout, an underdog moneyline bet on the Texans would yield more money because you’d get money on them winning the game straight up.

    What does a +7 spread mean?

    What Does a +7 Spread Mean? – A +7 spread is very commonly seen in the NFL due to the scoring of a touchdown and a successful extra point. It can be seen in other sports, as well. If the spread is set at +7, this means that to cover, the underdog must either win the game outright or lose by fewer than seven points. For the favorite to cover, they must win by more than seven points.

    What does a spread of mean in soccer?

    Soccer spreads – Another way to bet on soccer odds is the spread – also known as the point spread or handicap. Sportsbooks commonly set soccer spreads between 0.5 and 2 goals. Still, they can be wider depending on the competition between the two teams.

    1. As with any other sport, there will be a negative number–or laying goals-for the favored team, while the underdog will have a plus number–or getting goals.
    2. For example, the favorite to win the match could have a spread of -1.5, meaning they would need to win the match by two or more goals to cover the spread.

    Conversely, the underdog would need to lose by one goal or fewer to cover–or win the match outright. The price of placing the wager or the “juice” or vig accompanies each spread. Sometimes the price will be even or slightly different. Other times, if oddsmakers expect a team to be more likely to cover the spread than the other, the number will be much wider apart.

    Teams Spread Odds
    Belgium -1.5 +109
    Canada +1.5 -119

    In the example above, Belgium is +109, which means a $100 wager would pay $109 if they were to win by two or more goals. On the flip side, Canada is -119, meaning a $119 bet would pay $100 if they were to lose by one goal or fewer or win outright.

    What does a 2.5 spread mean?

    NFL Spread Betting FAQ – We’ve done our best to try to explain NFL point spread betting, but we get you might still have some unanswered questions. If that’s you right now we recommend you check out the list of FAQs below or contact our staff to get those questions answered! What Is NFL Spread Betting? NFL spread betting is a form of sports betting where you wager on whether or not you think a team will win or lose by a certain number of points.

    It’s one of the most popular forms of real money NFL betting, and has made itself a favorite among sports bettors everywhere. How Do You Win an NFL Spread Bet? You can win your spread bet by either correctly guessing which team will cover the spread, or by betting on the underdog to lose by fewer points than the point spread given.

    What Does a Negative Spread Mean? To answer that let’s look at an example of what NFL spread betting would look like:

    Dallas Cowboys (-2.5)New York Giants (+2-5)

    The negative (-) sign indicates that the Cowboys are the favorites, while the positive (+) sign indicates that the New York Giants are the underdogs. With the spread set at 2.5 points, a bet on the Cowboys would mean that they would have to win by more than 2.5 points (3 or more) in order for you to win that bet.

    Dallas Cowboys (-3.5)Los Angeles Rams (+3.5)

    Here you can see that the Rams are +3.5, while the Cowboys are -3.5. So for this example, the Cowboys are 3.5 point favorites, while the Rams are underdogs of 3.5 points. If you were to bet on Los Angeles you would need them to lose by 3 or fewer points or just win the game outright.

    1. If you were to bet on Dallas you would need the Cowboys to win by 4 or more points.
    2. If the Cowboys were to win by 3 points, let’s say 30-27, any bets on the Rams +3.5 would win.
    3. Even though the Rams didn’t win the game they covered the spread of 3.5 points Why Is It Called ‘Spread Betting’? The reason this is called “spread betting” is because you are placing your wager based on whether or not you believe a team will cover the given point spread provided by the online sportsbook.

    Can You Win Real Money With NFL Point Spread Betting? Yes, you can win real money with NFL spread betting the same way that you can with any other types of football bets. All you need to do is sign up for an online sportsbook, create an account, deposit some money, and start placing your wagers.

    1. What Is “Vig” In Sports Betting? Vig, or juice, is a commission that online sportsbooks collect from your winning wager.
    2. This helps them stay in business and guarantees that they will earn at least a small portion of their money back.
    3. Is It Legal to Bet on the Spread for NFL Games? Yes, NFL spread betting is legal so long as you live in an area that has legalized online sports betting.

    Be sure to check out our gambling laws page to make sure you are legally allowed to sign up for sports betting where you live.

    Does spread mean win or lose?

    Point Spread Definition – A point spread is a bet on the margin of victory in a game. The stronger team or player will be favored by a certain number of points, depending on the perceived gap in ability between the two teams. A minus sign (-) means that team is the favorite. » Return to the table of contents «

    What does a +3.5 spread mean?

    What Does a +3.5 Spread Mean? – A spread of +3.5 means a team must win outright or lose by fewer than four points to cover the spread. A +3.5 spread is particularly enticing in football because, as noted earlier, 3-point victory margins are extremely common. An example of a +3.5 spread:

    New England Patriots +3.5 Miami Dolphins -3.5

    Betting on the Patriots means you think they can pull out a victory (called an “upset”) or lose by a margin of 1, 2 or 3 points. Let’s say the final score is Miami 30, New England 27. The Patriots would narrowly cover the +3.5 spread, and you’d win your bet.

    What’s +10 spread mean?

    What is a spread betting example? – Let’s say Team A has +10 (-110) odds and Team B has -10 (-110) odds. The +10 means that Team A will have to win by at least 10 points for you to win our bet, while the -10 means Team B has to lose by fewer than 10 points for you to win your bet.

    What does +13.5 spread mean in football?

    Who Are the Favorites and Underdogs in a Point Spread? – Let’s use a randomly selected NFL game as an example to better understand point spreads and how they work. The Kansas City Chiefs are 13.5 point favorites against the Denver Broncos. You would generally see that listed as -13.5 for the Chiefs or Broncos +13.5.

    A minus symbol (-) always indicates the favorite, while a plus symbol (+) means a team is the underdog. This means that the Chiefs are expected to beat the Broncos by at least 14 points. Remember, in point spread, you are not betting on the winner but on the margin of victory. So, if you bet on the Chiefs and they win the game, but by less than 13.5 points, you would lose that bet.

    If you bet on the Broncos you would win the bet if they win, OR if they lose by 13.5 points or less. A Chiefs 28-17 sounds great for Kansas City, but that’s a winning bet for Denver. Additionally, you will often hear the expressions “giving points” and “getting points” with regard to points spread.

    How do you read a spread?

    Point spread, over/under, moneyline: NFL odds explained By FOX Sports Betting Expert Betting on sports is becoming quite the hobby, as more and more states legalize across America. Besides, watching games is way more fun when you’ve got a little skin in the game.

    As you’d imagine, the NFL is king, drawing the vast majority of the bets placed in the United States every year. But we also understand that betting on sports can be intimidating. There’s a lot to learn for a beginner. So, we wanted to help. In this article, you’ll find the definition of a point spread, over/under, moneyline and much more, focused on the NFL, as well as simple examples.

    Consider this your sports betting cheat sheet. It doesn’t matter what you bet — $5, $500 or $5,000 — we’re all trying to do the same thing: have some fun and, hopefully, cash a winning ticket. Let’s get started, shall we? Here are some commonly asked questions about betting on the NFL (and sports in general, but we’ll concentrate on football for now).

    • What is a point spread? Why does it usually have a,5 at the end? The point spread is the expected final score difference between two teams.
    • It is represented as both a negative and positive number; if the spread is 3 points, you’ll see that as both -3 and +3.
    • The team that is the favorite to win gets the minus-number (-3); the underdog gets the plus-number (+3).

    But the actual number itself, ignoring the plus-minus sign, will always be the same for both teams, because, again, that’s the expected margin of victory. If Team A is a 3-point favorite over Team B, Team A has to win by more than 3 points to win the bet, or “cover.” Team B can win the game outright or lose by one or two points (but no more than that) and they “cover.” In this example, if the game lands exactly on a final margin of 3 points, it’s a push, and you get your money back.

    • Neither you nor the book wins the bet.
    • That’s why sportsbooks will often add “the hook” (.5) to a point spread — to avoid such ties.
    • So if a point spread is instead 3.5, the favorite has to win by more than 3.5 points (which in reality, means winning by four or more points, of course, since you can’t score half a point).

    Again, the,5 is just there to prevent pushes. What are those -110 numbers next to the point spread? Why are they sometimes different? Why are the numbers sometimes a +? That’s the vigorish, or betting juice. It’s effectively the tax you must pay to place a bet and largely how the books make their money.

    1. With point spreads, the spread tells you how many points a team needs to win by, while the vigorish tells you how much money you actually win if that bet cashes.
    2. Standard “juice” on a point spread or total is -110.
    3. These vigorish numbers are all based around $100.
    4. A minus-number is what you have to risk to win $100, plus your original bet back.

    A plus-number is what a $100 bet makes you in profit if that bet wins. -110 means you bet $110 to win $100, in addition to your original bet back, because -110 is a minus-number. +110, on the other hand, would be the reverse, because it’s a plus-number — meaning you bet $100 to win $110 and your original bet back.

    The math works the exact same way with smaller amounts. Most people are far more comfortable betting $10, which is great! In that case, you can just divide the vigorish by 10. -110 would mean you bet $11 to win $10 ($21 total, with your original bet back), and +110 would mean you bet $10 to win $11 in profit.

    Sometimes, a sportsbook will move the juice to a split like -120/+100, depending on how bets are moving and the relative strength of the two teams. In that scenario, you would bet $12 to win $10 on -120 but would be doubling your money at +100 (bet $10 to win $10).

    Your opinion might vary, but for most beginning bettors, this isn’t a major consideration at first. As you become more sophisticated, you’ll start to realize how those numbers really matter, just by virtue of placing your own bets. What is an over/under? The expected combined points scored by both teams in a game, also known as the total.

    When high-powered football teams like the Bills and Chiefs play, the over/under could be as high as 55. When it’s the Dolphins and Jaguars, it could be 38.5. “Over” bets need to surpass the total while “Under” bets must stay lower. What is the moneyline? This is a bet where you simply pick who will win the game, match, event, or whatever we’re betting on — but our ol’ friend Mr.

    Vigorish comes into play on the moneyline, too. Say the Kansas City Chiefs are at home against the Cincinnati Bengals (hey, what a coincidence!). Most bettors will want to wager on the Chiefs to win, because winning the game is a very likely outcome for the better team at home. So a sportsbook will make a bet on Kansas City to simply win the game much more “expensive.” A very realistic moneyline price would be Chiefs -350/Bengals +275.

    Following the same math from above, you would have to lay $35 to win $10 on the Chiefs simply winning the game. A $10 bet on the Bengals to beat the Chiefs would win $27.50. (And, as always, you get your money back every time you win a bet, too.) What is a prop bet? It’s a propositional wager that is often but not always based around an individual player.

    How many passing yards will the quarterback have? Will the running back score a touchdown? There are also team-based prop wagers. How many points will Team A score? Will Team B get shut out? And famously, yes, you can bet on what color the Gatorade poured on the coach of the Super Bowl-winning team will be each year.

    God bless betting. There’s a lot of candy in the candy store when it comes to prop bets. They are very, very popular.

    • What is a parlay?
    • Speaking of popular ways to bet: parlays.
    • Parlays are bets where you combine wagers on multiple games into one bigger bet (with a minimum of two “legs,” or bets, needed for a parlay) for a bigger payday, but where you must win all those wagers to get paid.

    Most people bet a little to win a lot on parlays. You can load your parlay with as many bets as you want, but understand that the more bets you add, the more likely you are to lose.

    1. A standard, two-team parlay pays around +260.
    2. Three-teamers pay +600.
    3. Four-teamers pay around +1300.

    And of course, some people really swing for the fences, betting, say, a 13-leg parlay on an NFL Sunday, I’m not a fan of these lottery tickets myself, but there’s no denying that they give people a lot to root for. Just remember — if you lose any of the legs, the parlay is dead.

    • It’s a way for players to maximize money by maximizing betting math. On that note
    • What are “key numbers”?
    • This is a little more nuanced, but it’s an interesting wrinkle to keep in the back of your mind:

    Key numbers are the most common final margins of victory, almost always used in football. The most important key numbers are 3 and 7, because those are the respective values of a field goal and touchdown (plus the extra point). Many, many NFL games are decided by either 3 or 7 points specifically.

    What you’ll start to notice, then, is that many point spreads are structured roughly around a team being 3- or 7-point favorites. For much of the 2022 NFL Conference Championship week, the Chiefs were 7-point favorites, before so many bets came in on Kansas City that the Chiefs moved to 7.5. That might seem minor, but that,5 can be the difference between just getting your money back on a push when Kansas City wins 31-24 or cashing a winning ticket.

    Key numbers are something to remember when betting a teaser as well. You really want to strive to tease your bets “through” key numbers, as we did above by teasing the Chiefs down through both 7 and 3, and teasing the Niners up through 7. What is a futures bet? A wager on a team to win a division, conference or championship.

    1. You can make these bets all year round, and the odds will fluctuate based on a team’s perception and a sportsbook’s liability (a fancy way of saying how much money they stand to lose based on certain results, given how much money people have bet on those results).
    2. The best teams have the lowest odds, while longer shots have bigger payouts.

    For example, the Chiefs are currently +125 ($10 wins $12.50), The Rams are +200, the 49ers +450 and Bengals +750. Cincinnati was +10000 at one point this season, meaning just a $10 bet placed then would cash out for $1,010 if the Bengals do win it all.

    1. Sportsbooks also have player futures for markets like MVP, Rookie of the Year and more.
    2. What is “buying points”? Should I ever do it? Buying points (or half-points) allows you to move a point spread in your favor, but you must pay extra juice.
    3. It can cost 15 to 20 cents (so -110 becomes -125 or -130) to move a half point, and that juice adds up quickly.

    I never buy full points but will occasionally buy +6.5 up to +7 or -7.5 down to -7, because of the key number factor we discussed above. That’s how I roll. It’s hard enough to beat -110 in this racket. Can I bet during a game? Yes. This is called live betting or in-game wagering.

    1. Sportsbooks like allow you to bet basically any time during a game.
    2. If Team A is beating Team B 14-0 with six minutes in the first quarter, you’re offered a brand-new point spread at that exact time.
    3. And if Team B was a 4-point underdog at kickoff, you could potentially bet the same team but at +10 or +10.5 on the live line.

    These lines and point spreads are based off of predictive algorithms, so there are plenty of times inside a game where you can pick off good numbers. Is it true that sportsbook set lines to try to get 50% of bets on either side? In theory, yes, but not necessarily.

    Sportsbooks are mostly trying to balance the ledger with money, not individual bets, and people bet vastly different amounts. One $1,000 bet on Team A balances out ten $100 bets on Team B. Money balance is more important than ticket balance. Pull out that fact the next time you’re at a bar, and you’ll sound like the smartest person in the room.

    Do I have to bet a lot? Absolutely not. Bet what makes you comfortable, and stay within your means. Most professional bettors implement very disciplined bankroll management principles, and they’ll bet no more than between 2% and 5% of their entire roll on a game.

    1. So if you set aside $1,000 to gamble with for a football season, a wise guy will tell you that your individual bets should roughly range from $20 to $50 a game.
    2. But if you just want to bet $5 on a Sunday with the understanding you are OK to potentially risk no more than $100 total all season long, that’s great, too — especially since you’re going to win some of those bets, after all.
    3. What’s the easiest way to bet on games for a beginner?

    Start with straight bets. There’s no reason to go diving into the parlay party until you understand the basics of picking against the spread or betting on the over/under. Focusing and specializing on one sport or a specific group of teams is a great way to get started.

    1. Wagering around your favorite NFL team (or a hated rival) is a good first step.
    2. Beyond the NFL, college basketball is a great sport, because there are so many teams and the sportsbooks can’t possibly keep up on all 350-plus teams.
    3. Find a conference, study it and bet those games.
    4. What’s the one piece of advice you’d give someone who’s new to making bets? Do your homework and don’t drink a lot of juice! Sam Panayotovich is a sports betting analyst for FOX Sports and NESN.

    He previously worked for WGN Radio, NBC Sports and VSiN. He’ll probably pick against your favorite team. Follow him on Twitter @spshoot. NFL trending

    Get more from National Football League Follow your favorites to get information about games, news and more : Point spread, over/under, moneyline: NFL odds explained

    What does 0.5 spread mean in soccer?

    3. Goal Lines (aka Spreads) – Goal lines or spreads are similar to puck lines in hockey and point spreads in football or basketball. A goal line or spread can be any number, depending on the quality of each team. In the World Cup, you’ll mostly see -0.5 and +0.5 when the teams are evenly-matched, or -1.5 and +1.5 when there’s a big mismatch.

    In the Women’s World Cup, where there’s a huge gap in talent between the top and bottom teams, you can see a goal line of -3.5 or higher. Let’s look at USA vs. Wales. The goal line is priced at United States -0.5 (+150) and Wales +0.5 (-200). To cover this spread, the U.S. needs to win by 1 goal or more.

    And if you bet it, you’ll be paid $1.5 for every $1 wagered. If you bet Wales, they can either draw or win, but you’ll have to risk $2 for every $1 you want to win. Now take a look at a more lopsided match between Argentina and Saudi Arabia in the 2022 World Cup:

    • Argentina -1.5 (-185)
    • Saudi Arabia +1.5 (+145)

    This means bookmakers expect Argentina to win by 2+ goals (covering the -1.5 spread) because that’s priced at -185. To back Argentina by 2+, you need to risk $1.85 to win $1. If you bet Saudi Arabia at +1.5, you believe they’ll either lose by one, draw, or win.

    What does +1 spread mean in soccer?

    +1 on a betting line basically means that the game is started with the team getting the goal +1 up by one, and the other team has to score more than that to win the bet.

    What does a +7 spread mean in football?

    What Does +7 Spread Mean In Betting? If the spread in betting is seven points for a game, it means the underdog is getting seven points, noted with a + symbol as the underdog, which would be +7 on the odds. A team posted at -7 is the favorite, which is noted with a – symbol as the favorite and is laying seven points.

    What does +7.5 mean in a spread?

    What Does a 1.5 Point Spread Mean? – If the point spread is 1.5, it means the favorite needs to win by 2 or more. That could mean 2 points, goals, runs, etc. A 1.5 point spread is common in sports where scoring is more difficult, and final scores are often significantly lower than you might see in a basketball or football game. These could include:

    Baseball Hockey; or Soccer.

    What does +7.5 point spread mean?

    To beat the spread, they must close the point gap to within 7.5 points or win outright. Once the game is over, you can take the Patriots final score and add 7.5 points. If they now have more than the opponent, your bet is a winner.

    What does minus 5.5 spread mean?

    Spread Betting – Point spreads (also referred to as lines or handicaps) are also accompanied by odds. Most point spreads will have odds at or around -110. For example, if Indiana and Chicago are playing a basketball game and the line is -5.5 for Indiana, they would need to win by 6 or more points to ‘cover.’ If Indiana wins 105-100, bets on them to cover would lose.

    How do I win if the spread is?

    Spread vs. Moneyline – Point spreads involve a winning margin. If you bet on a favorite, they need to win by more than the assigned spread. For example, if a spread is (-7.5) points, your team needs to win by eight or more. If you bet on an underdog, they can lose by fewer than the assigned spread or win outright for you to win.

    1. For example, if a spread is (+5.5) points, your team can lose by 5 or fewer or win outright.
    2. Moneylines just require your team to win the game outright — the winning margin does not matter in this type of bet.
    3. Each team will be assigned a moneyline based on their projected probability of winning the game.

    For example, the Los Angeles Dodgers might be (-250) at home against the Rockies, who might be (+190). In this case, you would risk $25 to win $10 if you take the Dodgers. You would win $19 on a $10 bet if you took the Rockies. It is better to choose moneyline in MLB, NHL, and soccer when taking favorites because the price is too high in the NFL or NBA.

    Do you win if you match the spread?

    The potential outcomes of a point spread bet – There are three ways your wager can go if you make this type of bet. Bettors win choosing the favorite when the favorite wins by a margin GREATER THAN the point spread. Example : The Bucks are favored by 4.5 over the Lakers and the Bucks win 108-102, a 6-point margin.

    They have covered the spread, and people betting on the Bucks will win their wagers. Bettors win choosing the underdog when the underdog wins outright OR the underdog loses by a margin LESS THAN the point spread. Example : The Cowboys are favored by 7.5 points over the Giants, but the Giants keep the game close and lose by only a field goal, 30-27.

    The Cowboys have failed to cover the spread, while the Giants did cover the spread. A push occurs when the favorite wins by a margin IDENTICAL to the point spread. When that occurs, bettors have the full amount of the wager returned to them. Example: The Ravens are favored by 1 point over the Steelers, and the game is a nail-biter in which the Ravens win 28-27, creating a margin of victory of exactly one.

    Do you win if you hit the spread?

    The Bottom Line – In sports betting, to cover the spread means that a team has beaten the point spread devised by a sportsbook. Each team has a favorite and an underdog, and if a bettor wagers that the favorite will win by more than the point spread, thereby covering the spread, then they’ll win their bet.

    What is a +4 spread mean?

    Common Example of Point Spreads in Action – For example, with a 4-point spread, the favorite team must win by more than 4 points for bettors to get paid. Conversely, the underdogs can lose by 1, 2, or 3 points (or win the game outright) and still win the bet.

    • Los Angeles Rams -7
    • Minnesota Vikings +7

    In this example the Rams must win by more than seven points to cover the spread while the Vikings can lose by six or less points or win the game outright for them to cover the spread.

    What does a negative 4.5 spread mean?

    Betting Line Following this example, the Chiefs are at -4.5. This means that in order to win on the point spread or cover, Kansas City would need to win the game by five points or more.

    What is minus 4.5 spread?

    Point spread betting is an easy betting type that allows for a small margin of error on whichever side of the bet you decide to place some money on. When betting the point spread, oddsmakers will determine an amount of points that they believe the score will be separated by and they will assign a positive number to the underdog, and a negative number to the favored team.

    This essentially gives the underdog a head start before the game even begins, and puts pressure on the favored team to cover the spread. Usually, you will see point spreads in a half-point format because if you use whole numbers, you could induce a push by hitting that number exactly. In basketball, you might see a point spread of -4.5/+4.5, which means the favored team will need to win the game by five points or more for your bet to cover the spread.

    If you bet on the underdog, they simply need to win the game or lose the game by less than four points. If they lose by five, your bet won’t cash.

    What does a +3 spread mean?

    Point spread, over/under, moneyline: NFL odds explained By FOX Sports Betting Expert Betting on sports is becoming quite the hobby, as more and more states legalize across America. Besides, watching games is way more fun when you’ve got a little skin in the game.

    • As you’d imagine, the NFL is king, drawing the vast majority of the bets placed in the United States every year.
    • But we also understand that betting on sports can be intimidating.
    • There’s a lot to learn for a beginner.
    • So, we wanted to help.
    • In this article, you’ll find the definition of a point spread, over/under, moneyline and much more, focused on the NFL, as well as simple examples.

    Consider this your sports betting cheat sheet. It doesn’t matter what you bet — $5, $500 or $5,000 — we’re all trying to do the same thing: have some fun and, hopefully, cash a winning ticket. Let’s get started, shall we? Here are some commonly asked questions about betting on the NFL (and sports in general, but we’ll concentrate on football for now).

    What is a point spread? Why does it usually have a,5 at the end? The point spread is the expected final score difference between two teams. It is represented as both a negative and positive number; if the spread is 3 points, you’ll see that as both -3 and +3. The team that is the favorite to win gets the minus-number (-3); the underdog gets the plus-number (+3).

    But the actual number itself, ignoring the plus-minus sign, will always be the same for both teams, because, again, that’s the expected margin of victory. If Team A is a 3-point favorite over Team B, Team A has to win by more than 3 points to win the bet, or “cover.” Team B can win the game outright or lose by one or two points (but no more than that) and they “cover.” In this example, if the game lands exactly on a final margin of 3 points, it’s a push, and you get your money back.

    Neither you nor the book wins the bet. That’s why sportsbooks will often add “the hook” (.5) to a point spread — to avoid such ties. So if a point spread is instead 3.5, the favorite has to win by more than 3.5 points (which in reality, means winning by four or more points, of course, since you can’t score half a point).

    Again, the,5 is just there to prevent pushes. What are those -110 numbers next to the point spread? Why are they sometimes different? Why are the numbers sometimes a +? That’s the vigorish, or betting juice. It’s effectively the tax you must pay to place a bet and largely how the books make their money.

    With point spreads, the spread tells you how many points a team needs to win by, while the vigorish tells you how much money you actually win if that bet cashes. Standard “juice” on a point spread or total is -110. These vigorish numbers are all based around $100. A minus-number is what you have to risk to win $100, plus your original bet back.

    A plus-number is what a $100 bet makes you in profit if that bet wins. -110 means you bet $110 to win $100, in addition to your original bet back, because -110 is a minus-number. +110, on the other hand, would be the reverse, because it’s a plus-number — meaning you bet $100 to win $110 and your original bet back.

    • The math works the exact same way with smaller amounts.
    • Most people are far more comfortable betting $10, which is great! In that case, you can just divide the vigorish by 10.
    • 110 would mean you bet $11 to win $10 ($21 total, with your original bet back), and +110 would mean you bet $10 to win $11 in profit.

    Sometimes, a sportsbook will move the juice to a split like -120/+100, depending on how bets are moving and the relative strength of the two teams. In that scenario, you would bet $12 to win $10 on -120 but would be doubling your money at +100 (bet $10 to win $10).

    Your opinion might vary, but for most beginning bettors, this isn’t a major consideration at first. As you become more sophisticated, you’ll start to realize how those numbers really matter, just by virtue of placing your own bets. What is an over/under? The expected combined points scored by both teams in a game, also known as the total.

    When high-powered football teams like the Bills and Chiefs play, the over/under could be as high as 55. When it’s the Dolphins and Jaguars, it could be 38.5. “Over” bets need to surpass the total while “Under” bets must stay lower. What is the moneyline? This is a bet where you simply pick who will win the game, match, event, or whatever we’re betting on — but our ol’ friend Mr.

    • Vigorish comes into play on the moneyline, too.
    • Say the Kansas City Chiefs are at home against the Cincinnati Bengals (hey, what a coincidence!).
    • Most bettors will want to wager on the Chiefs to win, because winning the game is a very likely outcome for the better team at home.
    • So a sportsbook will make a bet on Kansas City to simply win the game much more “expensive.” A very realistic moneyline price would be Chiefs -350/Bengals +275.

    Following the same math from above, you would have to lay $35 to win $10 on the Chiefs simply winning the game. A $10 bet on the Bengals to beat the Chiefs would win $27.50. (And, as always, you get your money back every time you win a bet, too.) What is a prop bet? It’s a propositional wager that is often but not always based around an individual player.

    How many passing yards will the quarterback have? Will the running back score a touchdown? There are also team-based prop wagers. How many points will Team A score? Will Team B get shut out? And famously, yes, you can bet on what color the Gatorade poured on the coach of the Super Bowl-winning team will be each year.

    God bless betting. There’s a lot of candy in the candy store when it comes to prop bets. They are very, very popular.

    • What is a parlay?
    • Speaking of popular ways to bet: parlays.
    • Parlays are bets where you combine wagers on multiple games into one bigger bet (with a minimum of two “legs,” or bets, needed for a parlay) for a bigger payday, but where you must win all those wagers to get paid.

    Most people bet a little to win a lot on parlays. You can load your parlay with as many bets as you want, but understand that the more bets you add, the more likely you are to lose.

    1. A standard, two-team parlay pays around +260.
    2. Three-teamers pay +600.
    3. Four-teamers pay around +1300.

    And of course, some people really swing for the fences, betting, say, a 13-leg parlay on an NFL Sunday, I’m not a fan of these lottery tickets myself, but there’s no denying that they give people a lot to root for. Just remember — if you lose any of the legs, the parlay is dead.

    • It’s a way for players to maximize money by maximizing betting math. On that note
    • What are “key numbers”?
    • This is a little more nuanced, but it’s an interesting wrinkle to keep in the back of your mind:

    Key numbers are the most common final margins of victory, almost always used in football. The most important key numbers are 3 and 7, because those are the respective values of a field goal and touchdown (plus the extra point). Many, many NFL games are decided by either 3 or 7 points specifically.

    1. What you’ll start to notice, then, is that many point spreads are structured roughly around a team being 3- or 7-point favorites.
    2. For much of the 2022 NFL Conference Championship week, the Chiefs were 7-point favorites, before so many bets came in on Kansas City that the Chiefs moved to 7.5.
    3. That might seem minor, but that,5 can be the difference between just getting your money back on a push when Kansas City wins 31-24 or cashing a winning ticket.

    Key numbers are something to remember when betting a teaser as well. You really want to strive to tease your bets “through” key numbers, as we did above by teasing the Chiefs down through both 7 and 3, and teasing the Niners up through 7. What is a futures bet? A wager on a team to win a division, conference or championship.

    You can make these bets all year round, and the odds will fluctuate based on a team’s perception and a sportsbook’s liability (a fancy way of saying how much money they stand to lose based on certain results, given how much money people have bet on those results). The best teams have the lowest odds, while longer shots have bigger payouts.

    For example, the Chiefs are currently +125 ($10 wins $12.50), The Rams are +200, the 49ers +450 and Bengals +750. Cincinnati was +10000 at one point this season, meaning just a $10 bet placed then would cash out for $1,010 if the Bengals do win it all.

    • Sportsbooks also have player futures for markets like MVP, Rookie of the Year and more.
    • What is “buying points”? Should I ever do it? Buying points (or half-points) allows you to move a point spread in your favor, but you must pay extra juice.
    • It can cost 15 to 20 cents (so -110 becomes -125 or -130) to move a half point, and that juice adds up quickly.

    I never buy full points but will occasionally buy +6.5 up to +7 or -7.5 down to -7, because of the key number factor we discussed above. That’s how I roll. It’s hard enough to beat -110 in this racket. Can I bet during a game? Yes. This is called live betting or in-game wagering.

    1. Sportsbooks like allow you to bet basically any time during a game.
    2. If Team A is beating Team B 14-0 with six minutes in the first quarter, you’re offered a brand-new point spread at that exact time.
    3. And if Team B was a 4-point underdog at kickoff, you could potentially bet the same team but at +10 or +10.5 on the live line.

    These lines and point spreads are based off of predictive algorithms, so there are plenty of times inside a game where you can pick off good numbers. Is it true that sportsbook set lines to try to get 50% of bets on either side? In theory, yes, but not necessarily.

    1. Sportsbooks are mostly trying to balance the ledger with money, not individual bets, and people bet vastly different amounts.
    2. One $1,000 bet on Team A balances out ten $100 bets on Team B.
    3. Money balance is more important than ticket balance.
    4. Pull out that fact the next time you’re at a bar, and you’ll sound like the smartest person in the room.

    Do I have to bet a lot? Absolutely not. Bet what makes you comfortable, and stay within your means. Most professional bettors implement very disciplined bankroll management principles, and they’ll bet no more than between 2% and 5% of their entire roll on a game.

    1. So if you set aside $1,000 to gamble with for a football season, a wise guy will tell you that your individual bets should roughly range from $20 to $50 a game.
    2. But if you just want to bet $5 on a Sunday with the understanding you are OK to potentially risk no more than $100 total all season long, that’s great, too — especially since you’re going to win some of those bets, after all.
    3. What’s the easiest way to bet on games for a beginner?

    Start with straight bets. There’s no reason to go diving into the parlay party until you understand the basics of picking against the spread or betting on the over/under. Focusing and specializing on one sport or a specific group of teams is a great way to get started.

    Wagering around your favorite NFL team (or a hated rival) is a good first step. Beyond the NFL, college basketball is a great sport, because there are so many teams and the sportsbooks can’t possibly keep up on all 350-plus teams. Find a conference, study it and bet those games. What’s the one piece of advice you’d give someone who’s new to making bets? Do your homework and don’t drink a lot of juice! Sam Panayotovich is a sports betting analyst for FOX Sports and NESN.

    He previously worked for WGN Radio, NBC Sports and VSiN. He’ll probably pick against your favorite team. Follow him on Twitter @spshoot. NFL trending

    Get more from National Football League Follow your favorites to get information about games, news and more : Point spread, over/under, moneyline: NFL odds explained

    Is it good to bet on a spread?

    Should You Make Spread Bets? – Point spread bets are good because they allow you to take heavily favored teams without incurring the financial risk involved. For example, let’s say the Chiefs are favored by 10 points against the Raiders. If you were to bet on them to win on the moneyline, you would likely be risking seven times your original bet.

    1. In this case, you can take them to win by more than 10 points and only have to pay a (-110) price.
    2. Another reason to consider spread betting is that you can take an underdog without worrying about that team winning the game.
    3. For example, if I took the Raiders (+10) against the Chiefs, I would still win my bet if they lost by nine points or fewer.

    Point spreads allow bettors some options when deciding on who to take in a particular game. One negative of point spreads is that it can be difficult for a team to win by the assigned margin. You can handicap the game well, only to have your team’s quarterback throw a late interception for a touchdown that would lower their winning margin, causing you to lose your bet.

    What does a 4.5 spread mean?

    Point spread betting is an easy betting type that allows for a small margin of error on whichever side of the bet you decide to place some money on. When betting the point spread, oddsmakers will determine an amount of points that they believe the score will be separated by and they will assign a positive number to the underdog, and a negative number to the favored team.

    • This essentially gives the underdog a head start before the game even begins, and puts pressure on the favored team to cover the spread.
    • Usually, you will see point spreads in a half-point format because if you use whole numbers, you could induce a push by hitting that number exactly.
    • In basketball, you might see a point spread of -4.5/+4.5, which means the favored team will need to win the game by five points or more for your bet to cover the spread.

    If you bet on the underdog, they simply need to win the game or lose the game by less than four points. If they lose by five, your bet won’t cash.

    How does a spread bet work?

    What does ‘pick em’ or ‘pick’ mean in point spread betting – Since a point spread is used to make two uneven teams equal, occasionally it’s not needed if two teams are pretty evenly matched. When that happens, the point spread will be set at zero and noted simply as a “pick” or “pick ‘em.” In that case, a “pick ‘em” essentially becomes a money line bet, where you’re just betting on the straight-up winner.