How do point spreads pay out?
Point Spread Payouts
Typically, these bets are all paid out at -110. This means that for a $100 wager, you will get $90.91 in profit. If you bet the other side of the game, you will receive the exact same payout.
How do you win a point spread in basketball?
When a team has a point spread line with a minus sign (-), it indicates that the team must win the game by a greater number of points than what is indicated in the line. With a point-spread line of 3.5, the Lakers must win the game outright or lose by three points or less to cover the spread and be graded as a win.
Which team will cover the spread?
The Point Spread: When betting on basketball, 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: Bet No. Note: The bottom team is always listed as the home team unless otherwise noted.
What does a negative point spread mean?
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.
What does a half point spread mean?
That extra half point ensures that there will in fact be a winner and loser in regard to the point spread. This means that the sportsbook will in fact rake in the losing bets and pay out the winning bets with that money, which in turn allows them to turn a profit.
How do you win a point spread bet?
In order for a point spread bet to be declared a winner, the side wagered on must “cover” the point spread. The favorite, which is the side with the minus number as the point spread, must win by more than the point spread dictates.
What is the moneyline in gambling?
A moneyline bet is the most basic wager in sports betting. In the simplest terms, it is a bet on which team will win a game. … However, point spread bets typically have odds somewhat close to even money, meaning you would win about as much as you bet if you won. Moneyline bets have a wide range of odds.
What happens if the over/under is exact?
Can Over/Under Be Exact? … If the Over/Under hits on the exact number, that’s called a push. There is no winning bet, and all wagers are refunded to bettors no matter whether they took the Over or the Under.
What is a basketball point spread?
The point spread – also called “the line” or “the spread” – is used as a margin to handicap the favorite team. … If you bet on the underdog, you win if the underdog wins, ties, or if the favored team wins but fails to exceed the point spread.
How do spread bets work?
The spread, also referred to as the line, is used to even the odds between two unevenly matched teams. … In a spread bet, the odds are usually set at -110 on both sides, depending on the sportsbook and state. That means whether you bet the Colts -3 or Texans +3, you’ll win the same amount of money if you win the bet.