Betting Tips

How to understand the different types of spread bets

Spread bets are among the most popular for bettors, especially in football betting

Spread betting utilizes the spread, or line, as a means to distinguish between the two sides of a sports contest. With a light touch, sportsbooks try to promise even stakes on either side of the match by offering a spread. In order to grasp spread betting, it’s crucial to obtain a firm understanding of its function.

Sports betting usually features bookmakers that set the spread odds at -110 for both sides. This implies that if you place a wager on either team A at -3 or team B at +3 and win the bet, you will receive identical winnings.

Take Team A and Team B, for instance. Team A is favored in a contest with a spread of three points. This gap is what we refer to as the diffusion. If you choose to make a bet on Team A (-3) on the spread, it suggests that they must win by a minimum of three points for you to emerge victorious.

On the other hand, if they achieve a two-point victory, that would imply that you have lost your bet, since they didn’t hit the three-point mark. The team’s performance appears balanced based on their score of -3; however, it’s possible that Team A achieved this only because they were playing in their home field.

If you take Team B (+3), there’s a little more flexibility. That team needs to either win the contest or lose by less than three points. In the 2022-23 NFL season, around 61% of the games were won by the underdog.

If you like the favorite but not the spread, it’s better to avoid it completely – maybe choose the moneyline or over/under. They are also very popular and can often provide greater returns.

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