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If the team has a plus, that means they're the underdog and they'll have to either win the game or lose by less than the specified number for you to win. Each team will have different odds, so make sure you're paying attention to them. Not only will you be able to see any important information pop up, like injuries, but you'll also be able to see who the favorite is and who isn't. In addition, being able to watch the line move will give you an idea of which team you should bet on and when you should bet.
If you aren't really sure how things will turn out, it's a good idea to avoid betting altogether until the next game. To begin, either create an account or log in to your existing one. Next, simply choose the sport you want to bet on and go to that page. You'll then see all of the lines and games for the upcoming days. The next thing you'll do is decide whether you want to bet on the favorite or the underdog.
Once you know, go ahead and click on that team. From there, decide how much you want to bet and place it. Keep in mind, that once your bet is placed, you can't back out. Spread betting works by allowing the sportsbooks to make two teams that are unbalanced to be more balanced. They do this by taking points from the favored team and giving points to the underdog, both of which will be labeled by either a plus or minus. The minus means the team is the favorite and they have to win by more than the number specified.
The plus means the team is the underdog and they have to either win or lose by less than the specified number. This means you can place a bet on both teams if you're confident it'll work out in your favor! Long is when you buy and short is when you sell. There will be two boxes with numbers and these are your buy and sell boxes. The long box will almost always have a lower price and the short box will have a higher one.
In short, the price has to move a good amount of distance in order for you to win. This is true regardless of whether you're on the long or short side. How to understand betting odds What is Leverage in Spread Betting? Leverage means that you'll only need to use a little bit of capital in order to open a larger position. In simple terms, this means you can put down a small deposit to open your position instead of having to pay a large amount.
One thing to keep in mind, though, is that both profits and losses are much bigger because everything is determined by using the full trade value instead of the smaller deposit that you originally put down. What is Margin in Spread Betting? There are two different types of margins in spread betting, which are deposit margin and maintenance margin.
Deposit margin is the initial deposit you put down to actually open a position while maintenance margin is the amount you'll put in if your position starts accumulating losses that can't be covered by the deposit you put down. The good thing is you'll get something called a margin call, which is just a notification saying that you need to add more money and the reason why. Moneyline Betting Explained Main Features of Point Spread Betting There are three main features of spread betting, which are the point spread, the favorite, and the underdog.
Keep reading to see a more in-depth explanation of these below. The bigger the spread is, the bigger the underdog will be. Every sport and match or game is different, so make sure you know how to read multiple point spread bet types. They use many things to figure this out, including how many people have bet on the team, how they've been doing during the season, how many players have been injured, and which team has home-field advantage.
The Underdog The underdog is the team that isn't as popular and has a lower chance of winning. They are the team that has the plus sign in front and they usually lose more games than the favorite. With that said, though, there's nothing that says they can't come out on top. The simple reason for this is because the sportsbook has the right to shift the odds and spread whenever they want. You have to remember they'll want to try and come out even, so they'll shift the odds and spread more towards their favor.
This is something you want to watch because you never know when it'll change. If possible, try and check the lines multiple times a day to ensure you're staying up-to-date on exactly what's going on. There are a few instances when it's a good idea to bet on a point spread. The first is when both teams are relatively equal because there's a higher chance that you can win your bet.
Another instance is if you're trying to get a larger return. These bets can give a great payout, but they can also cause you to lose a nice chunk of change. The final instance is when you know what you're doing and completely understand spread betting because placing a bet when you aren't sure what you're doing can lead to losing quite a bit of money.
Benefits of Point Spread Bets Some of the benefits of these types of bets are listed next. This basically defeats the purpose of the spread and makes it so that the moneyline is the only bet available in most cases. What is a Spread Betting Example? The Heat are listed as nine-point favorites, drawing a spread of If the Heat win the game by more than nine points, they will be the winning side against the spread ATS.
If the Magic lose the game by fewer than nine points or win the game outright, they will be the winning side against the spread. In the event that the final score results in the Heat winning by exactly nine points, i. Reading a Point Spread Point spread bets are appealing because of their simplicity.
In addition to the spread number, there are also odds attached to each spread. The vigorish, also known as juice, can be seen on each spread bet before placing your wager. This ensures that bettors are laying far less juice to make these types of bets than they otherwise would on something like a lopsided moneyline. It can be seen in other sports, as well. For the favorite to cover, they must win by more than seven points.
This means that the underdog must win outright or lose by exactly one point to cover the spread. Many baseball games are decided by fewer than two runs. Depending on whether you are a bettor who looks to win one unit on a bet or you wager a unit on all bets, this has a significant impact on how much you can make on an individual wager against the spread. A unit is simply a predetermined dollar figure for your standard wager.
This helps bettors minimize risk on any one bet, as sports betting has high variance. Each league is different given the way scoring is done in each sport, creating somewhat of a learning curve for spread betting. The typical spreads available are first quarter, first half and full game spreads with some bettors also engaging in second half spreads. The NFL has a standard structure for this betting market, unlike some of the other major sports leagues.
This would require the Cardinals to win the game outright or lose by less than a touchdown.
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Point Spread Betting Explained: Sports Betting 101
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The payout is simply This is very different from the spread, which oddsmakers set to make the teams competing as even as possible, taking into account the perceived strengths and weaknesses of each side. A favorite will always be surrendering points, i.
This basically defeats the purpose of the spread and makes it so that the moneyline is the only bet available in most cases. What is a Spread Betting Example? The Heat are listed as nine-point favorites, drawing a spread of If the Heat win the game by more than nine points, they will be the winning side against the spread ATS. If the Magic lose the game by fewer than nine points or win the game outright, they will be the winning side against the spread. In the event that the final score results in the Heat winning by exactly nine points, i.
Reading a Point Spread Point spread bets are appealing because of their simplicity. In addition to the spread number, there are also odds attached to each spread. The vigorish, also known as juice, can be seen on each spread bet before placing your wager.
This ensures that bettors are laying far less juice to make these types of bets than they otherwise would on something like a lopsided moneyline. It can be seen in other sports, as well. For the favorite to cover, they must win by more than seven points. This means that the underdog must win outright or lose by exactly one point to cover the spread.
Many baseball games are decided by fewer than two runs. Depending on whether you are a bettor who looks to win one unit on a bet or you wager a unit on all bets, this has a significant impact on how much you can make on an individual wager against the spread. A unit is simply a predetermined dollar figure for your standard wager. This helps bettors minimize risk on any one bet, as sports betting has high variance. Each league is different given the way scoring is done in each sport, creating somewhat of a learning curve for spread betting.
Every sport and match or game is different, so make sure you know how to read multiple point spread bet types. They use many things to figure this out, including how many people have bet on the team, how they've been doing during the season, how many players have been injured, and which team has home-field advantage. The Underdog The underdog is the team that isn't as popular and has a lower chance of winning.
They are the team that has the plus sign in front and they usually lose more games than the favorite. With that said, though, there's nothing that says they can't come out on top. The simple reason for this is because the sportsbook has the right to shift the odds and spread whenever they want. You have to remember they'll want to try and come out even, so they'll shift the odds and spread more towards their favor.
This is something you want to watch because you never know when it'll change. If possible, try and check the lines multiple times a day to ensure you're staying up-to-date on exactly what's going on. There are a few instances when it's a good idea to bet on a point spread. The first is when both teams are relatively equal because there's a higher chance that you can win your bet. Another instance is if you're trying to get a larger return.
These bets can give a great payout, but they can also cause you to lose a nice chunk of change. The final instance is when you know what you're doing and completely understand spread betting because placing a bet when you aren't sure what you're doing can lead to losing quite a bit of money. Benefits of Point Spread Bets Some of the benefits of these types of bets are listed next.
Don't have to choose a team to win Chance for a high return Point Spread Betting Strategies How to bet on Super Bowl Predict and Exploit Sometimes, an extra half-point or full point could mean the difference between winning and losing your bet.
The easiest way to do this is to watch the lines leading up to the game and decide if you want to bet now, later, or not at all. Remember, though, once you place your line bet, you're locked in and can't change it. All you do is take the games you think you'll be interested in betting on and put down what you think the spread will be.
Once you have everything down, you'll be able to look at the actual lines and see how far off you were. Simply put, if you see that the lines are equal or more in your favor, place your bet! The Public and the Sharps If you're planning on betting on the underdog, you should wait until a few days before the game. As it gets closer, more people in the general public are going to be placing bets and the amounts will go up.
Try to wait as long as possible before placing your bet. If you see a lot of movement earlier in the week, that's probably because of bettors that have a lot of money on the line. This is a good way to see where you should put your money.
How to understand betting odds? Double Down Let's say you place a bet on Team A to win. If you see that everything is moving more in your favor, don't be afraid to double down and place another bet. This could lead to winning double the money! How Point Spread Are Used in Different Sports Even though point spreads are used across multiple sports, they're all read pretty much the same way.
The only difference is how they score. For example, football would be goals, basketball would be points, and hockey would be goals. It'll all depend on the game and if you aren't sure, you can reach out to the pros handling your money. How To Read a Point Spread It's actually really easy to read spread bets once you know what you're doing.
Let's say Team A is The minus means that Team A is the projected favorite and the plus means that Team B is the underdog. With Team A, they'll have to win by 7 or more points for you to win your bet and Team B will need to win or lose by less than 7 for you to win your bet.
If Team A doesn't win by 7 and Team B either doesn't win or loses by more than 7, then you won't make anything. Managing Risk in Spread Betting The great thing is that there are multiple tools that you can employ to manage your risk. For starters, you'll want to make sure you know the market you're betting on because it's never a good idea to go in blind.
You'll also want to make sure you have earnings reports to ensure you know where your wins and losses are. Finally, make sure you're using stop losses to ensure you're in a favorable position if the market turns on you and you'll be able to lock in winnings without accidentally losing them all back.
Betting Spreads FAQ We understand that betting spreads can be confusing, so we put the answers to some of the most frequently asked questions below. Take a look below to see them. What is a spread betting example? What do spread bets mean? With spread bets, the plus means the underdog will be getting the points, and the negative means that the favorite is giving up that amount of points.
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