How does betting against the spread work




















In the example above between the Cowboys and Giants, the point spread is 4. A losing bet is quite simply you betting on the Cowboys You lose the money that you placed on that bet. That is called a push and you simply get your money back with no profit and no loss. In these cases, there may not even be a point spread available for the game and you can only bet on the moneyline.

This is a very common occurrence in sports betting and sportsbooks have the full right to shift the spread or odds for any given match prior to its start. Many factors can influence a change of the spread such as injuries, the number of bets coming in for either team or the weather, to name a few. Depending on the timing of placing the bet, the bettor can also have an advantage or a disadvantage depending on which way the spread has shifted.

If bettors had wagered on Dallas on Monday, they would be at a disadvantage compared to bettors who waited until Thursday because the Thursday bettors now only need Dallas to win by four points instead of five. But it can also go the other way:. If bettors had wagered on Dallas on Monday, they would now have the advantage over the bettors who waited until Thursday because the Thursday bettors need Dallas to win by eight points or more instead of only five. Yes, in fact, sportsbooks also release spreads for different points in the match like after the first quarter or first half, which is called live betting or in-game betting.

As you can see, Dallas is a 2. The popularity of the point spread bet in the NFL is equally shared by NBA bettors and it works essentially the same way. Sportsbook Bonuses. Sports Betting Calculators. How to Bet On Sports. Betting Education. Casino Gaming. Top Stories. Here is our above example, only there is an extra half-point added to the spread:. In this case, the extra half point matters a lot because it turns a push into a loss for Carolina bettors and a win for those betting Denver.

These half points can be tough to understand at first but once you get the hang of them they are easy. Betting on the favorite and winning is called winning against the spread.

Take another look at our NFL examples above if you have questions and note that spread betting works exactly the same in basketball and other high-scoring sports. Finally, watch out for half points, as they both mean there is a result, but that result might not always be in your favor.

Advertiser disclosure How we rank sportsbooks. Written By: John Yantosh. About the Author. Point spreads are subject to change based on where the money is going and weekly injury reports. To mitigate their own risk, oddsmakers will adjust the betting line if one side is receiving an uneven proportion of the wagers, or if something significant happens to a key player.

For example, if Cam Newton rolls an ankle the day before the game and is unable to suit up, the Patriots may struggle to score touchdowns. In other circumstances, the sportsbook may simply reduce the vig to encourage bets on a particular side of the matchup.

Look out for sports betting sites that offer spreads at odds instead of This represents an even-money wager, meaning the payout if your team covers will be equal to the amount you risked.

Now you may have noticed in the chart above that there is a three-digit number next to each spread, which looks an awful lot like a moneyline.

It is, in essence. Here, the Packers are a three-point favorite, but bettors are being charged a premium to take them on the point spread.



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