- Sports Betting Point Spread Explained
- Nfl Point Spread Betting Explained
- Point Spread Odds Meaning
- Point Spread Betting Explained College Football
- Points Betting is a unique way to wager on sports that’s unique to PointsBet Sportsbook. Betting on point spreads with a -110 moneyline isn’t for everyone. The traditional wager can seem boring since there’s a fixed win or loss. Every point or yard in.
- Second only to moneyline bets, point spread bets are the next most popular type of sports bet that you can make. Whether you are an expert sharp who crushes the books or you’re a brand-new bettor, point spread bets are most likely going to be a big part of your winning betting strategy.
- The point spread refers to the line that has been placed on a game by oddsmakers. Most commonly used in basketball and football betting, it can help to think of the point spread as the estimated margin of victory. For bettors who place a wager on the spread, this number needs to be factored into their handicapping.
Soccer point spread betting is when you are betting on whether a team will win or lose by a certain number of goals. It is an increasingly popular form of betting and is gaining ground in the soccer betting market. It allows to equalize uneven teams and to get more people to bet on underdogs. Similarly, it helps to create a market for both sides of the wager: the underdogs and the favorites. In a way, it combines both money lines and over/under bets. The best way is to demonstrate with a few examples.
A point spread is used in sports betting to even the odds between two unevenly matched teams. Each team is given a point total by the oddsmaker that can either be added or subtracted to the final score, thus factoring into if the bet was won or lost. A point spread in sports is a way for oddsmakers to make a matchup between two unbalanced teams more balanced by giving points to or taking points away from each team.
Point Spread Examples
* Please see illustration below to help understand point spread bets, text explanation follows.
Let us say Brazil is playing against USA in the World Cup. Brazil, as one of the most successful teams in the history of World Cup tournaments will likely be a favorite against USA, which has not done as notoriously well in international competitions. In this case most of the people will likely vote for Brazil. Even with an adjusted money line that will give a big payoff to people who bet the underdog, a sportsbook might see little action on an underdog, USA. A point spread could solve that problem. Using a 2-goal spread, the odds might look like this:
- USA +2.5 (2.0)
- Brazil -2.5 (1.5)
If you are betting on Brazil, then Brazil has to win by more than 2 goals for you to win. Thus, if the score is 3-0 for Brazil, then you would win since it is higher than the point spread of 2.5. This way, if you bet $100 on Brazil, you will win $150 total (see Online Soccer Money Line Betting for more details on how to calculate the lines).
If you are betting on USA, then USA has to lose by 2 or less goals, or win. Hence, if the final score is 1-0 for Brazil, then USA would have lost by less than 2 goals and your bet wins. If you bet $100 on USA, then you will get $200 in total.
As we have explained in several other occasions, the 0.5 is used to eliminate a possibility of a draw and a “no-action”. If the 0.5 was not included and if the spread is exactly 2 goals, then there is a change that no side of the sportsbook or bettor would win, and the book would have to return the bets. A lot of bettors and sportsbooks do not like that so the 0.5 is normally utilized.
Soccer Point Spread Betting Strategies and Tips
One good tip we can give you is that it might be better to bet on a point spread as late as possible. You might actually get better spreads this way. This is because a sportsbook might originally post a spread based upon what the experts say, but over time that spread will actually be adjusted to even out the betting money.
Another reason to get in late on a point spread is because you will have a better idea on the lineup of the players of the teams. For example, you might get some updated news on who is injured, how the coach gets along with his team and what to expect (a good example is the French team on the 2010 World Cup, where the coach and team was not getting along, and you could see the results on their matches, unfortunately).
Avoid Big Decisive Matches
Another soccer point spread betting strategy and tip to consider is to avoid big competitive decisive matches. For example, it is a FIFA World Cup Final; the two teams are very strong and should do their best to win. If one of the teams is losing, the players will likely keep on fighting, even risking injuries and exhaustion. On the other hand, if it is just a qualifier first round game and one of the teams is losing 2-0, then the players on a losing team might save their energy for the next match.
We can give examples as much as possible, but there is nothing better than learning first hand, than experiencing the thrill of the game with a few bets on the side, so if you are up for it, you should definitely make your soccer point spread bet now!
As a fan, you don’t care if your team wins by a point or 100. A win is a win, though that 100-point win would be a little easier on the nerves.
In sports betting, how much a team wins by is usually all that matters.
The most popular way to bet for the two most popular sports, basketball and football, is with the point spread, also known as the “side.” Most baseball, hockey and soccer bets are on the moneyline, which is betting on a team to win straight up with adjusted odds. Football and basketball have moneyline bets available too, but most people will take the point spread.
Sports Betting Point Spread Explained
The concept can be a bit confusing if you’ve never dabbled in sports betting before.
Why bet with the point spread?
Nfl Point Spread Betting Explained
The point spread was created to attract more action on a game. When the San Francisco 49ers are expected to blow out the Arizona Cardinals, it’s not enticing to lay $300 to win $100 on a moneyline. But when the 49ers are 11-point favorites and each side is -110 odds? That’s much easier.
In that example, the 49ers are spotting the Cardinals 11 points before the game starts, at least for bettors. The 49ers have to win by 12 or more points to cover the spread. If the Cardinals win or lose by 10 or less, that side wins the bet. If the game lands on 11, like a 21-10 49ers win, it’s a push and all bets are refunded. If you see a -11 that means that team is favored, and +11 means you’re taking the underdog.
Nothing sharpens your math skills better than trying to figure out how big your lead as a bettor is if you have a 22.5-point basketball underdog that is losing 90-72.
The problem with the point spread can be when a team — which really doesn’t care that you bet the favorite at -11 — has a 14-point lead but gives up a meaningless score at the end to win by only seven points. They’re still happy with the win. You, as a bettor, are not.
Point Spread Odds Meaning
© Provided by Yahoo! Sports Sportsbooks have large boards that display point spreads for all games that day. (AP Photo/John Locher, File)Point spreads lead to bad beats
The most infamous example of a bad beat with the point spread probably came in the 2004 Final Four at the NCAA men’s basketball tournament.
Duke was a 2.5-point underdog against UConn. The Huskies rallied late and took a 79-75 lead on a free throw with 3.2 seconds left. The game itself was over; Duke couldn’t score twice in a few seconds. But Duke guard Chris Duhon pulled up for a running 3-pointer just over the half-court line and banked it in at the buzzer. Duke lost 79-78, but bettors who had Duke and 2.5 points won. March Madness is a huge event for bettors, and reports at the time estimated that Duhon’s “meaningless” shot resulted in a $30 or $40 million swing in Nevada. UConn players celebrated at the final buzzer. UConn bettors doubled over in pain. That’s the difference between betting the moneyline and the point spread.
Baseball and hockey have point spreads too, the “run line” in baseball and “puck line” in hockey. It’s generally 1.5 with odds adjusting accordingly. Taking a big baseball favorite at -1.5 runs can make the odds more palatable. Of course, betting the New York Yankees at -1.5 to bring down the odds from -190 to -110 isn’t too fun when they win 4-3 and you don’t cash a bet.
Point Spread Betting Explained College Football
Betting on the point spread is the most common way to wager on sports. And the first time you take a favorite that wins the game but doesn’t cover the spread, you’ll understand every bettor’s heartbreak.