![]() However, there is a key reason why both teams have negative numbers next to their names. This format is similar to the one that moneyline bettors use. Although you can bet any amount you want, a sportsbook will always express the payout ratio as the amount to lay to get $100 in profit. The story these numbers tell is how much a bettor must contribute in order to win $100. This number is negative for both teams, and is usually around -110. Keen-eyed visitors to a sportsbook might notice a separate three-digit number listed next to team names. However, you may be wondering about what kind of money you can win. Hopefully, you now have an understanding about the mechanics of a point spread wager. Though moneylines are a common type of sports wager, references to “the line” almost always mean that there is a discussion of the spread in progress. You may sometimes hear people refer to “ the line” on a game. An underdog that manages to win the game outright also qualifies as having covered the spread, although there is no extra payout for prevailing. To do so is known as “ covering” the spread. A favorite that successfully completes this task is said to have “ beaten” the spread.Ī wager on the underdog, however, is hoping that the team can lose by fewer points than the spread. When a bettor chooses to wager on the favorite, their desired outcome is for the favorite to win by more than the given spread. Conversely, the team or person with the positive number is expected to lose, and thus, is the underdog in the game. The team or person with a negative number next to its name is the expected winner, or favorite, in the game. In each match, the number will be the same, but the sign will be different. Point spreads are identifiable as a pair of positive and negative numbers next to the team names. The actual score of the game is irrelevant – only the separation between the teams matters. How point spreads workĪ point spread, or spread, bet is a wager based upon the eventual margin of victory in a game or match. Here is a handy guide to help anyone with questions about betting the spread. So, since every Colorado sports bettor is going to encounter point spreads, it is vital to understand how they work and how to bet them. There may not be a type of bet that is more commonly offered, both in retail and online sportsbooks. If a sportsbook is in business, it offers point spread wagers. ![]()
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