
Author:
David Genge
Last Updated:
May 16, 2022
Topic:
Betting Guide
Experiences:
Sports Betting Guru
Topic:
Betting Guide
Experiences:
Sports Betting Guru
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What does point spread mean? This is one of the questions our experts are most frequently asked here at Betting.net. Before we embark on our journey into the finer details of betting on sports, we can tell you that the sports betting spread is the most popular form of sports betting today.
So if you’re looking to find out exactly how spreads work in sports betting, then you need look no further than this guide. By the time you’ve read this page from top to bottom, you’ll know how points spreads work inside and out.
Sportsbooks use points spreads for a couple of reasons, mainly because it can offer customers an interesting betting opportunity, while at the same time guaranteeing themselves at least a small profit. The points spreads are set at fixed odds (more on that later) and even up the playing field to a 50:50 ratio in what otherwise would be one-sided fixtures.
This encourages the sportsbooks’ customers to bet on both sides, despite the fixtures being one-sided, while also giving them a house edge that guarantees them at least a small profit over time. You can find out exactly how do sportsbooks make money here.
It goes back to that old saying, “the house always wins”; with points spreads, however, so can you!
What helps keep things easy for punters while maintaining the house edge for the sportsbooks is the spread betting odds. While other betting lines and markets can see the odds drift and shorten in real time, the odds with points spreads are, for the most part, even on both sides.
Because the idea of a points spread is to give each side a 50/50 chance of winning, sportsbooks are therefore able to offer both sides at the exact same odds. Generally, points spreads will be offered at odds of -110, however this may differ slightly from sportsbook to sportsbook.
With odds of -110, you as the bettor would need to stake $110 in order to win a $100 profit.
Basically, the sports betting points spread gives you, as the bettor, a valid reason and the motivation to back either or both teams.
Generally speaking, with straight bets, one-sided fixtures can offer very little to bettors. Backing the favorite in a straight bet when the odds are particularly one sided offers you a very low potential return for your bet. Conversely, backing the underdog in such fixtures offers a high potential return, but has an extremely low probability of happening.
As a bettor you can therefore look to alternative betting markets, such as handicaps or over-unders, or you can use these fixtures as part of a larger parlay bet. The points spread is another way of the bookies making one-sided fixtures more attractive to bettors, while also protecting their own profits and interests. At the end of the day, it’s a win-win for both parties.
You will find that both the odds and the spread can change up and until the game actually starts. It can be something of an inconvenience to you as the bettor, however the sportsbooks are fully within their right to change both.
There are a number of reasons why the points spread and/or odds can change in the run up to a fixture. These reasons can come from the sportsbook themselves, as well as from factors that may have a direct bearing on the actual fixture.
While a rarity in today’s sporting world, it can happen that the points spread between two teams is even, or zero. This means that neither team is deemed the favorite nor the underdog, and it is sometimes referred to as a “pick” or “pick em”.
In this instance, you can still choose to back either side, and the site that you pick will merely have to win in order for you to bet a payout. Essentially such a bet would be a point spread by name, but very much a moneyline bet by nature. You can find out more about moneyline bets and how they work in our guide to sports betting for beginners.
Point spreads generally work best with higher scoring sports that work on a points scoring system – rather than goals. In the US, the most popular points betting sports are NBA basketball and NFL football. In states where wagering on college sports is legal, you may also find points spreads on the NCAA.
You will, however, generally find that point spreads on college football and basketball are much higher than with the pro leagues such as the NFL and NBA. The reason behind this is simply the girth in talent between amatuer and professional levels. In the NFL could have a low points margin or even a tied game between two teams that look extremely mismatched on paper. With college sports, the scores and points margins tend to be higher.
Speaking of tied games and how to bet on them, find out what does draw no bet mean here!
Although the NBA and the NFL make up the bulk of the sports betting spread market in the US, you can still find points spreads on other sports, such as hockey, soccer and baseball. However, these sports are much lower scoring instead of overall points tallies, meaning that even in the more one-sided of games, there isn’t too much scope for the fluctuation of a points spread. Particularly with hockey and soccer, the slightly similar concept of handicapping tends to be more popular among bettors.
So you now know the answer to the question “what does points spread mean in sports betting?”, but we’ve got so many other guides for you to make use of here. Points spread betting is popular within traditional, fixed odds bookies If you are looking to broaden your horizons however, you can find the concept of a betting exchange explained right here.
Now that you know the meaning of a point spread in sports betting and how it works, it’s time to put it into practice and begin your adventure. You may find things a little tricky at first, but if you know your sports well, your points spread betting wagers are sure to come good in time. Just remember to start off modestly and manage your bankroll. Additionally, pick your fixtures carefully and stick to backing the teams that you know best.