Gambling Spread Meaning
Easily the most popular type of betting for NFL football is “spread” betting or more commonly known as betting against the spread. Bettors who are new to NFL betting or betting in general may be a little confused with NFL spread betting, but it is pretty easy to understand once it is explained to you. We will explain what betting against the spread means below.
What is Betting Against The Spread?
For each NFL game the oddsmakers set a number of points in which the favored team is favored by. Bettors can then either choose for the favored team to win by more than the number of points set, or bet on the underdogs to lose by less than the number of points they are underdogs by or win the game straight up. For example, the spread could be set on the favored team at 6.5 points. This would mean in order for a bet on the favored team on the spread to win they would need to win by more than 6.5 points (7 or more) in order to win the bet. It also means that a bet on the underdog team would win if the underdogs lost by less than 6.5 points (6 or less) or won the game outright.
Spread betting is any of various types of wagering on the outcome of an event where the pay-off is based on the accuracy of the wager, rather than a simple 'win or lose' outcome, such as fixed-odds (or money-line) betting or parimutuel betting. A spread is a range of outcomes and the bet is whether the outcome will be above or below the spread.
Example of NFL Spread Bet
Below is an example of what NFL spread betting would look like:
- A betting spread strategy is a necessary component of card counting at blackjack. You can think of a betting spread and card counting like peanut butter and jelly. You can try them separately, but they’re a lot better when combined. In truth, counting cards without using a betting spread is defeating the purpose of counting.
- You may have heard the term “covering the spread” or the phrase “betting against the spread.” This means that if the favorite team wins an event with the point spread taken into account or that the underdog team wins with additional points, they have covered the spread.
- Second only to moneyline bets, point spread bets are the next most popular type of sports bet that you can make. Whether you are an expert sharp who crushes the books or you’re a brand-new bettor, point spread bets are most likely going to be a big part of your winning betting strategy.
- Defining 'spread,' one of the most common gambling phrases. What does “spread” mean as a sports betting term? An abbreviation for “ point spread ” or another term for “ line.” The “spread” is the.
Matchup
Spread Meaning In Hindi
- TeamsSpread
- Dallas Cowboys -2.5
- New York Giants +2-5
Spread Synonym
The negative (-) sign indicates that the Cowboys are the favorites, while the positive (+) sign indicates that the New York Giants are the underdogs. With the spread set at 2.5 points, a bet on the Cowboys would mean that they would have to win by more than 2.5 points (3 or more) in order for you to win that bet. A bet on New York would mean that the Giants would have to either lose by 2.5 or less points (2 or less) or win the game outright in order for your bet to win.
Here is another example with a screenshot taken from 5Dimes.eu during Week 3 of the 2013 NFL season:
Here you can see that the Rams are +3.5, while the Cowboys are -3.5. So for this example the Cowboys are 3.5 point favorites, while the Rams are underdogs of 3.5 points. If you were to bet on St Louis you would need them to lose by 3 or fewer points or just win the game outright. If you were to bet on Dallas you would need the Cowboys to win by 4 or more points.
Gambling Spread Meaning Dictionary
If the Cowboys were to win by 3 points, lets say 30-27, any bets on the Rams +3.5 would win. Even though the Rams didn’t win the game they covered the spread of 3.5 points.
Now if the Cowboys were to win by 4 points, lets say 31-27, the Cowboys have covered the spread and anyone who wagered on Dallas would win their bets.
Other NFL Spread Betting Information
You may often notice that the spread is sometimes set at an even number such as 3, 6 , 10, etc. In this case if the favored team won by the exact amount set for the spread the bet would be pushed, and all bets would be returned. For example, if the Patriots were 3 point favorites and they won by a FG (3 points) than this would results in a push, meaning no matter which side you bet on you would get your money returned to you.
The most common NFL spreads are usually set between about 2.5-10.5 points, but you will also almost always have games each week with spreads lower than 2.5 and higher than 10.5. In the event that the oddsmakers feel the game doesn’t need a spread, it would be set at 0 or what some call a pick’em (both teams are given even odds to win for this type of bet).
Gambling Spread Meaning Vs
The odds given on the spread are usually -110 unless otherwise noted. It is not uncommon to see one side of the spread being -105, with the other side being -115. If you don’t see any odds listed for each side of NFL spreads you are supposed to assume the odds are -110 on each. Not sure how to read NFL betting odds? Check out our Sports Betting Odds guide.
Now that you know the basics of NFL spread betting you’ll want to check out our Sports Betting Strategy guide which has some great NFL strategy articles written by a professional bettor.