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If the team has a plus, that means they're the underdog and they'll have to either win the game or lose by less than the specified number for you to win. Each team will have different odds, so make sure you're paying attention to them. Not only will you be able to see any important information pop up, like injuries, but you'll also be able to see who the favorite is and who isn't.
In addition, being able to watch the line move will give you an idea of which team you should bet on and when you should bet. If you aren't really sure how things will turn out, it's a good idea to avoid betting altogether until the next game. To begin, either create an account or log in to your existing one. Next, simply choose the sport you want to bet on and go to that page. You'll then see all of the lines and games for the upcoming days. The next thing you'll do is decide whether you want to bet on the favorite or the underdog.
Once you know, go ahead and click on that team. From there, decide how much you want to bet and place it. Keep in mind, that once your bet is placed, you can't back out. Spread betting works by allowing the sportsbooks to make two teams that are unbalanced to be more balanced. They do this by taking points from the favored team and giving points to the underdog, both of which will be labeled by either a plus or minus. The minus means the team is the favorite and they have to win by more than the number specified.
The plus means the team is the underdog and they have to either win or lose by less than the specified number. This means you can place a bet on both teams if you're confident it'll work out in your favor! Long is when you buy and short is when you sell. There will be two boxes with numbers and these are your buy and sell boxes. The long box will almost always have a lower price and the short box will have a higher one.
In short, the price has to move a good amount of distance in order for you to win. This is true regardless of whether you're on the long or short side. How to understand betting odds What is Leverage in Spread Betting? Leverage means that you'll only need to use a little bit of capital in order to open a larger position. In simple terms, this means you can put down a small deposit to open your position instead of having to pay a large amount.
One thing to keep in mind, though, is that both profits and losses are much bigger because everything is determined by using the full trade value instead of the smaller deposit that you originally put down. What is Margin in Spread Betting? There are two different types of margins in spread betting, which are deposit margin and maintenance margin. Deposit margin is the initial deposit you put down to actually open a position while maintenance margin is the amount you'll put in if your position starts accumulating losses that can't be covered by the deposit you put down.
The good thing is you'll get something called a margin call, which is just a notification saying that you need to add more money and the reason why. Moneyline Betting Explained Main Features of Point Spread Betting There are three main features of spread betting, which are the point spread, the favorite, and the underdog.
Keep reading to see a more in-depth explanation of these below. The bigger the spread is, the bigger the underdog will be. Every sport and match or game is different, so make sure you know how to read multiple point spread bet types. They use many things to figure this out, including how many people have bet on the team, how they've been doing during the season, how many players have been injured, and which team has home-field advantage.
The Underdog The underdog is the team that isn't as popular and has a lower chance of winning. They are the team that has the plus sign in front and they usually lose more games than the favorite. With that said, though, there's nothing that says they can't come out on top. The simple reason for this is because the sportsbook has the right to shift the odds and spread whenever they want. You have to remember they'll want to try and come out even, so they'll shift the odds and spread more towards their favor.
This is something you want to watch because you never know when it'll change. If possible, try and check the lines multiple times a day to ensure you're staying up-to-date on exactly what's going on. There are a few instances when it's a good idea to bet on a point spread. The first is when both teams are relatively equal because there's a higher chance that you can win your bet.
Another instance is if you're trying to get a larger return. These bets can give a great payout, but they can also cause you to lose a nice chunk of change. The final instance is when you know what you're doing and completely understand spread betting because placing a bet when you aren't sure what you're doing can lead to losing quite a bit of money. Benefits of Point Spread Bets Some of the benefits of these types of bets are listed next.
Everything you could possibly need to know about point spreads—and what it means to bet on them—is covered below. Point Spread Definition As we already noted, a point spread is related to the margin of victory in any given game. Point spread betting is available for most sports but is most often associated with football and basketball both college and pro.
In this example, the Rams are the favorite, with A point spread bet on the Rams These are the moneyline odds associated with this point spread bet. These odds tell us that, no matter which team you want to bet—Rams Odds vary on point spread bets from sport to sport. However, when dealing with basketball and football point spreads, you most often will see both teams with odds. How to Read Point Spreads Point spreads have a lot of nuances, so learning to read them can give you a leg up in your betting strategy.
Those who bet Los Angeles understand their team is theoretically starting the game trailing 6. What Does it Mean to Cover the Spread? A team covers the spread if it successfully beats the point spread. In the scenario above, that means the Rams beat the Steelers by 7 points or more, or the Steelers beat the Rams by any margin OR lose by fewer than 7 points.
When that happens, you win your bet. What Does a Negative Spread Mean? A negative point spread really means that team has some work to do. For a negative spread bet to hit, the team has to beat its opponent by a margin greater than the point spread. What does a -7 spread mean? A spread of -7 means that team needs to win by 8 points or more in order to cover. Here are two final scores and the related point spread results: Bulls win, Chicago covers Bulls win, Los Angeles covers If the Bulls lose the game or win by fewer than 7 points, they fail to cover the spread meaning Clippers bettors cash their wager.
What if Chicago wins by exactly 7 points? What Does -3 Mean in Sports Betting? A -3 spread is one of the most common betting lines you see in football, especially in the NFL. If the team is still ahead after those points are subtracted, they cover the spread.
A point spread of -4 means your team needs to win by 5 points or more. It means dollar signs should appear in your eyes like in old Saturday morning cartoons.
If you see There are three potential outcomes of your point spread wager: you win, you lose or you push a tie. Typically, a point spread has odds of for either side of the bet. 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. The point spread is quickly becoming part of the mainstream sports conversation, used in sports betting as the great equalizer when it comes to comparing teams.
In baseball, the spread is called the run line, and in hockey, it is called the puck line. The handicap Oddsmakers closely examined both of these teams and determined that the game would likely be decided by a point. They assigned a handicap of 1. The addition of the 0. It is simply meant to avoid the possibility of the result ending on the exact number since half-points are not possible in major sporting competitions.
The favorite The oddsmakers have deemed that Kanas City is more likely to win the match, so they have made them the point spread favorite in this matchup. Bettors can identify the point spread favorites by the minus - in front of their handicap.
Above, Kansas City has a handicap of For a point spread bet on Kansas City to win, the Chiefs need to win the game by more than one point. Even if they win by just one point, this bet would lose. The underdog If oddsmakers believe the Chiefs are the likely winners, that makes the San Francisco 49ers the likely losers and, therefore, the point spread underdogs.
To win this point spread bet with the 49ers, San Francisco would need to win the game outright or lose by one point exactly. If they lost by two points or more, this bet would lose. The vig For many wagers with handicaps, sportsbooks assign a second set of odds that serves as the price of placing the bet. These prices are known as the vig or the juice.
For our example above, the sportsbook assigned of vig of to both the favorite and the underdog. Covering the spread Kansas City ended up winning that Super Bowl The point margin of victory was greater than the Which team will cover the spread? The first thing you need to decide on is which team you think will cover the spread. Do you want to lay the points by betting with the favorite or do you want to take the points by betting with the underdog? Why does the point spread change? The point spread, like all sports betting markets, is an active market.
Oddsmakers can and will move the spread based on a number of factors, including: Which side professional bettors are wagering on The amount of money taken in on one side of the spread versus the other Breaking news that relates to the game injuries, weather, etc.
What does mean? You also need to understand how odds work in point-spread betting. This is called the vig short for vigorish or the juice. It is a price that the sportsbooks charge to bet into this market and is similar to the rake in poker.
How much can I win?
Jul 05, · Alternatively, a + spread means that the favorite must win by two points, runs, etc. or more. The + is the standard “run line” in MLB betting. Many baseball games . Sep 02, · A point spread, or simply “the spread”, is a sports betting number made by oddsmakers at sportsbooks that serves as a handicap between two opponents. Because not . Aug 01, · A -3 spread is one of the most common betting lines you see in football, especially in the NFL. The reason: It’s the most common margin of victory. When betting a -3 .