So, you’ve heard about spread betting, but you’re not quite sure what it’s all about? Don’t worry—you’re not alone. Spread betting is a big part of sports betting, especially in games like football and basketball. But it can seem a bit confusing if you’re new to it. Let’s break it down in plain English.
Table of Contents
ToggleWhat Is Spread Betting?
Alright, let’s start with the basics. Spread betting is all about making the game more interesting, especially when one team is clearly better than the other. Instead of just betting on who’s going to win, you’re betting on the margin of victory. The idea is to level the playing field between two teams so that betting on either side is more appealing.
For example, let’s say the New England Patriots are playing a team that’s not doing so great. If you bet on the Patriots just to win, it might not be that exciting because they’re expected to win easily. That’s where the spread comes in. The bookies might say the Patriots need to win by more than, say, 7 points for a bet on them to pay off. On the other hand, if you bet on the underdog, they don’t even need to win the game; they just need to keep the score close enough—within those 7 points—and you win your bet.
How Does Spread Betting Work?
Let’s get into how it actually works. When you look at the betting lines, you’ll see something like this:
- Patriots -7
- Underdog Team +7
That “-7” next to the Patriots means they’re the favorite, and they need to win by more than 7 points for you to win your bet. The “+7” next to the other team means they’re the underdog, and they can either win the game outright or lose by less than 7 points, and you still win your bet.
Here’s where it gets a little more interesting: if the Patriots win by exactly 7 points, that’s called a “push.” In this case, nobody wins or loses, and you just get your money back. It’s like hitting reset.
Spread Betting in Different Sports
The basic idea of spread betting stays the same across different sports, but the details can vary a bit. Let’s look at how it works in a couple of popular sports:
- NFL Spread Betting. In football, spreads can range from just a few points to over 10, depending on how evenly matched the teams are. A lot of people love betting the spread in NFL games because it keeps things exciting, even if the game itself is a bit of a mismatch.
- NBA Spread Betting. Basketball games are usually higher scoring, so the spreads are often a bit tighter. You might see something like -5 or -6 points. Just like in football, you’re betting on how much a team will win by, not just if they’ll win.
Why Do People Bet on the Spread?
You might be wondering, “Why not just bet on who’s going to win?” Well, spread betting adds another layer of strategy and excitement. It’s not just about picking the winner; it’s about predicting how the game will play out in more detail. For example, if you think the game will be closer than people expect, you might bet on the underdog to cover the spread. Or, if you’re confident that the favorite will blow out the other team, you might bet on them to cover a bigger spread.
Plus, spread betting can make watching the game more fun. Even if the outcome is pretty much decided, the spread keeps things interesting right until the end. Will the favorite pull away, or will the underdog keep it close? The spread adds a bit of suspense that you just don’t get with a straight-up bet.
Wrapping It Up
So, that’s spread betting in a nutshell. It’s all about betting on the margin of victory, not just the outcome. Whether you’re betting on football, basketball, or another sport, understanding how the spread works can make your bets more interesting and potentially more profitable.
And hey, if you’re looking to get better at this, why not check out Bet Picks Pro? They’ve got some great tips and strategies that can help you make smarter bets. Plus, with a 14-day risk-free trial, there’s no harm in giving it a shot and seeing how they can help you up your betting game.
Written By
With 15 consecutive years of profitable seasons, Steven Wilson stands as a seasoned Sports Betting Expert. Specializing in NFL/NCAAF, NBA/NCAAB, NHL, MLB, and PGA golf, Steven has mastered the art of strategic betting. Leveraging his background in Finance & Investment, he has guided thousands to boost their income through sports betting. Whether you're looking to make smarter bets or seeking a reliable secondary income stream, Steven's expert insights and proven track record make him the undisputed authority in the world of sports betting.
Turn Your Passion For Sports Into Profits
Get monthly picks direct to your phone. Start your 14-day FREE Trial Today.
By Beginning your Free Trial, you agree to Bet Picks Pro Terms & Conditions and Privacy Policy.
You may also like
What Does NRFI Mean in Baseball Betting?
If you’re into baseball betting, you might have come across the term “NRFI.”…
What Does Three and Out Mean in Football?
If you’re new to football or just trying to get a better grasp of the game, you…
What Is a Double Double in Basketball?
In basketball, the term “double double” is used a lot, but what does it…