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Spread Betting

It usually happens as a result of money, news, and injury reports. There are pros to cons to each wager, which is an article in itself. Regardless, you should be looking for value when choosing a bet, no matter the type. The flip side is that if the Panthers didn’t win by four or five points, only one of your bets would have cashed and, when you factor in the vig, you would have ended up with a small loss. But, essentially, you’re risking a very small setback for a potential windfall.

Unless you’re looking at Live Betting, the runline always uses a 1.5-point spread, with the favorite getting -1.5 and the underdogs getting +1.5. In our example, the Yankees are 1.5-point home favorites, which can be deduced from their negative spread and placement underneath the Away team. In order for a runline bet on the Yankees to win, they must win by at least 2 runs and Tanaka must be the starting pitcher. Flexible point spreads can be any number the oddsmaker thinks is appropriate for the game. These types of spreads are used for sports with lots of scoring like football and basketball. For example, with a 4-point spread, the favorite must win by more than 4 points for bettors to get paid.

The most simple way to think of it is that the weaker team is given additional points before the game starts. Likewise, a bet on the stronger team starts out “minus” points. Spread betting is the main odd offered for high-scoring sports like NFL, NCAAF football and NBA, NCAAB basketball. A push occurs when the favorite wins by a margin IDENTICAL to the point spread. When that occurs, bettors have the full amount of the wager returned to them. Alternatively, a “push” — when the game result falls exactly on the point spread margin — results in a “voided” or “canceled” bet and means that bettors get their original wagers returned.

The point spread bet is a bet designed to give each team an equal chance of winning a particular game. Obviously, not all teams are equal, so the sports-books have devised a mechanism to even up the teams, and that is by taking points/runs/goals off the team who is favored. The more a team is favored, the more the gambling site will take off them, enough to theoretically make the game a 50/50 chance.

If you are betting the Bills then the term is referred to as getting the points. A bet on the Steelers is referred to as giving the points or more commonly laying the points. In our example there wouldn’t be a tie, but sometimes the line will be four and not 4.5. In the scenario of a tie, if adding the four points to the Bills equals the Steelers then a tie is scored and the wagered amount is returned to the bettor.

Winning margin bets are similar to alternate spreads in the sense that different outcomes are offered with the potential for much higher payouts. This is not to suggest one should not utilize alternate spreads under any other circumstances. There is no shame in making an alternate spread bet on a favorite laying fewer points than the original spread. However, this kind of wager is not maximizing one’s betting value in any way.

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