What Are Point Spreads? Betting Point Spreads Explained
In other words, they’re expected to win by more than a touchdown. Lines of at least a touchdown are relatively uncommon in the closely contested NFL – this is the only such NFL Week 1 line at the time of writing. The San Francisco 49ers enter 2021 hopeful of recapturing their Super Bowl form from two seasons ago.
The betting line is a PK when oddsmakers determine the two teams are even in strength, so the point spread is zero, and the moneyline for each side is the same. Chicago Bulls +9.5 (-120)Miami Heat -9.5 (+100) At +100, a wager on the Heat -9.5 is an even-money wager. Anytime you see a -100 or +100 line, keep in mind that the two mean the same thing, and the bet would come with the same potential risk and payout. Wisconsin Badgers -1 (-112)Iowa Hawkeyes +1 (-109)Every part of the odds on this game is slightly different from what you see at BetMGM.
Each sports event selected for a teaser must win for the player to win the bet. One reason could be because more money was coming in on the Rams than on the Giants. To encourage more bettors to pick the other team, sportsbooks or bookmakers move the betting lines. What does change is the juice on the wager, which alters depending on the action that comes in on the game. Online betting presents a range of options, from conventional markets to more exotic ones. However, point spread betting is one of the more traditional ways to wager.
To find a balance between these outcomes, bookmakers also give you the option to bet “against the Spread.” Spread betting is a modern construct. It was invented in North America by a math teacher to make wagering on the weaker team in games with a huge favorite. Boston Celtics+8.5Los Angeles Lakers-8.5As we mentioned, a team with a + denotation refers to the underdog. This team must either win or lose by fewer points than dictated in the line.
If you’re someone with deep pockets who likes to bet big, spread betting is for you since the limits will usually be large relative to other markets. If the game lands exactly on the spread – for example, if KC had won the Super Bowl by 3 – then spread bets will “push.” A push means the book returns everyone’s stake. The three main key numbers in NFL point spread betting are 3, 7 and 10, representing a field goal, a touchdown and a field goal plus a touchdown. Since sports scores are whole numbers, if the line was 4 points for example, if the game ends up as a 4 point spread, the gamblers didn’t win or lose.
Free bet stakes not included in any winnings from the free fixed odds bets. You need to open a full sports spread betting account to use the 2 x £5 free Total Goals football spread bets. Promotions available to 18+ aged individuals who are registered customers of Spreadex.