The typical lifespan of a spread betting price goes something like this:. In theory, the closing line represents the most accurate picture of the probabilities in the event. It reflects the largest set of information. What sort of information are we talking about? Injuries can change the market, for example. Maybe a few key players have been ruled out for the 49ers or returned from injury sooner than expected for the Lions. Most often, the information enters the market in the form of bets.
Specifically, high-limit bets from sharp, winning players. These bets move the market because the sportsbooks respect the opinions of these accounts. In turn, they respond by moving the line. As a general rule, sizable market moves should give you pause. Line shopping makes a large difference to your bottom line over the long haul. It can turn losing bets into pushes and pushes into wins because, some percentages of the time, the games land on these numbers. Remember that Week 12 battle between the Chiefs and Bucs referenced above?
While the line sat at 3. Unlike their brethren who laid For one, the vig on spread betting will generally be among the lowest of any markets offered. This means the sportsbook keeps less of the money they accept known as the handle , which means more goes back to the bettors.
Furthermore, high-limit bettors can usually get a lot of money down on point spreads. Finally, spread betting keeps many otherwise uninteresting games worth watching. Sure, maybe the Chiefs are up 20 points on the Jets in the fourth quarter, but outcome of the game with the handicap included may remain up in the air. Just understand going in that you will encounter some frustrating situations with spread betting.
When betting moneylines — which requires you to pick the winner straight-up — you can get bigger payouts because the likelihood of the worse team winning the game outright is much lower than it just covering the spread. In the above example, Ohio State winning by 7 points or more as a What does it mean when a team is ATS this season? Check out more about this matchup here. Sports Betting. Pictured: Travis Kelce. If you bet on an underdog, they must either win the game outright or lose by a smaller margin than the assigned point spread.
Home-field advantage is a huge factor in the point spread. For example, if the Kansas Chiefs play the Denver Broncos at home, the Chiefs would likely be favored by However, if the game were in Denver, the Chiefs would be favored by about 4.
The impact of home-field advantage depends on the team playing with it — some teams do not have as favorable a crowd or atmosphere as others.
Denver, for example, is a particularly tough place to play, given the altitude. There are other factors like injury status, current form and overall talent in the game.
For example, a team might have a good record but had won numerous close games, so they might not be as good against the spread. This statistic is also worth keeping an eye on. Keep in mind, that there are other types of sports bets worth taking into consideration. A push is when the final result of the game lands precisely on the number of the spread.
For example, if I bet on the Toronto Raptors -4 over the Orlando Magic and the Raptors win by four, I would push my bet, which means that my money is refunded and the bet ends in a tie. Games with halves in their point spreads, like the Dallas Cowboys The favorite is the team projected to win the game.
They are assigned a point spread with a minus symbol - in front of the number, such as Pittsburgh Steelers If you were to bet on the Steelers to cover the spread in this instance, Pittsburgh would need to win by seven or more points for you to win your bet. The underdog is the team that is projected to lose the game. In this case, the Panthers would need to lose by five points or fewer or win outright for you to win your bet.
The favorite is assigned a puck line of In this case, if you bet the favorite, they have to win by two or more goals. If you bet on the underdog, this means that they can lose by one goal or win outright for you to win the bet. As you can see, Dallas is the 4. Conversely, New York is a 4. If the Cowboys win , they win by three points and do NOT cover the 4.
Point spread wagers often will be put into parlays in which you make multiple bets on one slip for a larger payout. The three main key numbers in NFL point spread betting are 3, 7 and 10, representing a field goal, a touchdown and a field goal plus a touchdown. The two most common margins of victory are three and seven points because of the type of scoring in the NFL. The most common betting line for a point spread is A line on either side is like paying a tax or commission to the sportsbook.
Bettors would pay 10 percent aka juice to the sportsbook, which is essentially a fee for brokering the wager. For example, if you see If you see There are three potential outcomes of your point spread wager: you win, you lose or you push a tie. Typically, a point spread has odds of for either side of the bet. In the example above between the Cowboys and Giants, the point spread is 4.
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