What is meant by spread bets?

What does +3 spread mean?

The -3 points is the spread. If you want to bet the Colts on the spread, it would mean the Colts need to win by at least three points for you to win the bet. … That means whether you bet the Colts -3 or Texans +3, you’ll win the same amount of money if you win the bet.

What does +1.5 spread mean?

Betting odds and lines from a sportsbook can be confusing at first, but they aren’t that hard to understand. In order to help you understand betting odds, we will use +1.5 as an example. When you see a +1.5 in front of a team’s name, that means that they are 1.5-point underdogs in that matchup.

What does a plus 2.5 spread mean?

What is a 2.5-point spread? If New York is +2.5, that means they are the underdog and have been spotted or given 2.5 points. If New York loses by two or fewer points, then it is a winning bet. If New York pulls off an outright upset, then that is also a winning wager.

What happens if you bet the spread?

The point spread: When betting on football, the team you bet on must “cover the spread.” This means the team must win or not lose by a predetermined margin of points. Example: … If you bet the Dolphins, the Dolphins must win by 7 points for you to win your bet.

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What does a +7 spread mean?

What does +7 spread mean? If the spread is seven points for a game, it means the underdog is getting seven points, noted as +7 on the odds. A team posted at -7 is the favorite and is laying seven points.

How do you read a point spread?

A point spread is a bet on the margin of victory in a game. The stronger team or player will be favored by a certain number of points, depending on the perceived gap in ability between the two teams. A minus sign (-) means that team is the favorite. A plus sign (+) means that team is the underdog.

What is a negative point spread?

The minus sign means that the final score will have the spread number subtracted from it. The plus sign means that the team’s final score will have the spread number added to it. In summary, the point spread is a calculated prediction of how much a team will win or lose by.

How do you place a point spread bet?

Point spreads involve a winning margin. If you bet on a favorite, they need to win by more than the assigned spread. For example, if a spread is (-7.5) points, your team needs to win by eight or more. If you bet on an underdog, they can lose by fewer than the assigned spread or win outright for you to win.

How are spread winnings calculated?

To calculate winnings on fractional odds, multiply your bet by the top number (numerator), then divide the result by the bottom (denominator). So a $10 bet at 5/2 odds is (10 * 5) / 2, which equals $25. A $10 bet at 2/5 odds is (10 * 2) / 5, which is $4.

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What does it mean when a team is minus 3?

Betting Line

The first thing you’ll want to notice is either the ‘+’ or ‘-‘ sign. The minus sign denotes that that team has to win by more than that margin while the plus sign indicates that the other team can lose by that margin, or win the game, and they cover the spread in either case.