Understanding Sports Betting Spreads: A Complete Guide 2024

Understanding Sports Betting Spreads: A Complete Guide 2024

By Michael Peterson

January 14, 2025 at 04:53 AM

Spread betting is a popular form of sports wagering that focuses on the margin of victory rather than just picking a winner. Here's a comprehensive guide to understanding sports betting spreads:

Understanding the Basics

  • A spread is shown with (-) for favorites and (+) for underdogs
  • The number indicates how many points a team must win or lose by
  • Example: Browns (-3) vs Bengals (+3)
    • Browns must win by more than 3 points
    • Bengals can lose by up to 2 points and still cover

Half Points in Spreads

  • Half points (like -3.5) eliminate the possibility of a tie/push
  • Makes it clearer to determine winners and losers
  • Example: Browns (-3.5) must win by 4 or more points

Two baseball players on field

Two baseball players on field

Sport-Specific Differences

  • Basketball/Football: Usually close to even money odds
  • Baseball/Hockey/Soccer: Lower scoring means different spread values
  • Key numbers matter most in football (3 and 7 points)

Key Takeaways

  • Spreads level the playing field between teams
  • Usually offers close to double-your-money odds
  • Understanding sport-specific scoring helps with spread betting
  • Pay attention to key numbers when betting football spreads

FAQs

  • Covering the spread means winning your bet based on the point margin
  • Spread bets are available for most major sports
  • Spreads typically offer better value than moneyline bets for favorites

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