Point Spread Betting
To mitigate their own risk, oddsmakers will adjust the betting line if one side is receiving an uneven proportion of the wagers, or if something significant happens to a key player. Here are a couple of mock outcomes for our matchup, each with a varying margin of victory. Decimal odds are shown as one number, which is the amount a winning bet would collect on a $1 bet.
You will always get your money back in sports betting when a Push results, provided that the final result lands on the listed point spread. When you place a PK bet, the ‘point spread’ is irrelevant; you’re simply betting on one team or another to win the game. Since the Philadelphia Eagles need to win by more than 10 points, and the Dolphins need to lose by less than 10 points, the result is a Tie or a Push. Since neither the Philadelphia Eagles nor the Miami Dolphins covers the spread, there is no winner. When you place an NFL point spread bet, you will win if the final result of the sports match, with the point spread factored in satisfies the bet requirements.
Based on this, there has a movement to attract more people to horse racing by making it more accessible to the average punter. Ten years ago, if you were going to Cheltenham, all the odds would be displayed as fractional odds. There are a few different variations of Vegas odds boards, but as long as you understand spread, moneyline, and total bets, you’ll be able to find what you’re looking for. You’ll notice in the example above that odds are not given for the spread and over/under bets. While you can assume the odds are likely between -130 and +110 for each side, you’ll have to ask the cashier or look at your betting ticket after placing the bet.
This is considered a “push” and you are refunded your original bet back. For example if you bet $110 to win $100 you would get the $110 back. For example if you bet $110 to win $100 you would receive $210 back. Sports betting is not easy to master, but the basics are as easy as it gets. Learning how to become an expert bettor can take decades to cultivate. But learning how it is generally done will only require a few minutes.
They represent how much a bet on each team pays out and they also show you which team is favored to win and how heavily they’re favored. 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. In this example, the 49ers carried the plus sign and were, therefore, the underdog. The Chiefs took the minus sign and were, hence, the favorite. Since both numbers behind the plus and minus signs were close to 100, you could tell that both teams were a close match for each other. With odds like this, you could have expected a game full of fireworks.
When you see a plus sign in front of a number (like +150 for example) it tells you which team is the underdog. You get a higher payout betting on the underdog since they’re less likely to win. “Covering the spread” is another way to say that a team won a point spread bet. In the above example, the Bills or more as a -13.5 favorite means they covered the spread. You can learn more about American odds, but the number next to the spread is the juice associated with that bet.