A point spread is a bet on the margin of victory in a sporting event. It’s the most popular bet type in basketball and football. The perceived stronger team (the favorite) must win by a certain number of points/runs/goals to cash your bet.
A point spread bet is also referred to as betting the spread or handicap betting. Point spread betting is a sports betting market in which a team either has to win by a specific number of points or goals, or not lose by a specific number of points or goals.
What is a point spread? A point spread represents first the oddsmaker’s and then the betting market’s best guesses at the numerical separation between two competitors. Sometimes the spread can be as little as half a point. Other times, like Team USA Basketball games at the Olympics, you might find spreads upward of 50 points.
In most instances, a spread is given 0.5 extra on both sides. This is because sports like football and basketball do not have half points. By adding 0.5 extra, like 5.5 or -7.5, you are ensuring that one team will always win in the end and there will never be a draw in a point spread wager.
The point spread is one of the most popular sports betting options when it comes to betting on college football and the NFL. A point spread is a figure set by the oddsmakers that really serves as a margin of victory. The team you bet on has to ‘cover’ or beat that margin for you to win your bet.
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It’s a word you hear all over the place in the world of football betting. The term “spread” is short for point-spread. It is the guiding principle in football betting. Rarely are two teams ever evenly-matched. One is almost always better or has superior conditions for a win. Straight football betting against the spread is a heads-or-tails equation.
There are many ways to bet on sports but one of the most popular ways for football and basketball is called the point spread. The point spread is a margin of victory and as a bettor, you determine which side will beat the margin. If this all sounds a bit foreign to you, this will be point spreads explained.