Other Bets Props and Futures Some other fun bets that can be made on basketball include prop bets and futures. How To Bet News. Handicapping Your Basketball Bets When oddsmakers set the lines, they take many factors into consideration. If you have even one loss, you lose the entire bet. On the other hand the Magic must either win outright or lose by 3 or fewer points for a Magic spread bet to payout.
The handicap Oddsmakers closely examined both of these teams and determined that the game would likely be decided by a point. They assigned a handicap of 1. The addition of the 0. It is simply meant to avoid the possibility of the result ending on the exact number since half-points are not possible in major sporting competitions. The favorite The oddsmakers have deemed that Kanas City is more likely to win the match, so they have made them the point spread favorite in this matchup.
Bettors can identify the point spread favorites by the minus - in front of their handicap. Above, Kansas City has a handicap of For a point spread bet on Kansas City to win, the Chiefs need to win the game by more than one point. Even if they win by just one point, this bet would lose.
The underdog If oddsmakers believe the Chiefs are the likely winners, that makes the San Francisco 49ers the likely losers and, therefore, the point spread underdogs. To win this point spread bet with the 49ers, San Francisco would need to win the game outright or lose by one point exactly.
If they lost by two points or more, this bet would lose. The vig For many wagers with handicaps, sportsbooks assign a second set of odds that serves as the price of placing the bet. These prices are known as the vig or the juice. For our example above, the sportsbook assigned of vig of to both the favorite and the underdog. Covering the spread Kansas City ended up winning that Super Bowl The point margin of victory was greater than the Which team will cover the spread?
The first thing you need to decide on is which team you think will cover the spread. Do you want to lay the points by betting with the favorite or do you want to take the points by betting with the underdog? Why does the point spread change? The point spread, like all sports betting markets, is an active market. Oddsmakers can and will move the spread based on a number of factors, including: Which side professional bettors are wagering on The amount of money taken in on one side of the spread versus the other Breaking news that relates to the game injuries, weather, etc.
What does mean? You also need to understand how odds work in point-spread betting. This is called the vig short for vigorish or the juice. It is a price that the sportsbooks charge to bet into this market and is similar to the rake in poker. How much can I win? Use our betting calculator to find out exactly how much you can win based on different odds and different wager amounts.
How is a point spread determined? For example, a team might have a good record but had won numerous close games, so they might not be as good against the spread. This statistic is also worth keeping an eye on. Keep in mind, that there are other types of sports bets worth taking into consideration. What Is a Push in Spread Betting? A push is when the final result of the game lands precisely on the number of the spread.
For example, if I bet on the Toronto Raptors -4 over the Orlando Magic and the Raptors win by four, I would push my bet, which means that my money is refunded and the bet ends in a tie. Games with halves in their point spreads, like the Dallas Cowboys Favorites vs.
Underdogs The favorite is the team projected to win the game. They are assigned a point spread with a minus symbol - in front of the number, such as Pittsburgh Steelers If you were to bet on the Steelers to cover the spread in this instance, Pittsburgh would need to win by seven or more points for you to win your bet. The underdog is the team that is projected to lose the game.
In this case, the Panthers would need to lose by five points or fewer or win outright for you to win your bet. How to Bet the Spread Online Log in to your preferred legal sportsbook Click the sport that you would like to bet on Examine the list of games with point spreads Click on the favorite minus points or underdog plus points Determine how much you would like to risk on this game Place your bet Be sure to learn how to bet on sports before wagering.
A touchdown, for example, is worth seven points, while a field goal is worth three points. The key numbers are three, seven, and ten points. The difference between a 2. If a home team is favored by But, at the same time, be careful with high spreads in the NBA. Betting on a favorite of 10 or more points can come back to bite you in the NBA, as teams tend to send in their subs when up double-digits in the fourth quarter, which can allow the opponent to cut down the lead — resulting in something called a back-door cover.
These exist in the NFL as well. However, it could be profitable since you get some solid value on the favorites. Spread vs. Moneyline 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
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Winnings are not guaranteed, and you may lose all of your wagered funds. Then point-spread wagering was made for you. What follows is a primer on how to wager on point spreads, including examples from multiple sports. Spread Betting Explained A point spread is nothing more than a bookmaker giving one team or player a head start in a game or event.
In sports betting, this head start comes in the form of points football, basketball , runs baseball , goals soccer, hockey , strokes golf and games or sets tennis. That number, established by oddsmakers, is called the point spread. You can win that bet one of two ways: The Titans defeat the Colts win outright or lose by one, two or three points. That means the Colts not only must win the game, but they have to prevail by a margin of at least four points.
Regarding spread betting, remember this: If you bet on the favorite Any point spread that has that extra half-point or half-run, half-goal, etc. Phoenix Suns matchup: Point Spread: Bucks Why Did the Spread Move? Why do sportsbooks make these adjustments? In this case, the book might adjust the point spread to Weather: Obviously, this pertains to outdoor sports only, but inclement weather—wind, rain, snow, etc.
That said, poor weather more often leads to line moves with totals i. This fee is displayed in the same manner as moneyline odds. The standard odds for spread wagers is for both the favorite and the underdog. Who Keeps the Vig? The answer to this question: It depends on which side wins the wager, the bettor or the book.
Why Spread Bet? In both casino gaming and iGaming, spread betting persists as one of the most popular forms of sportsbook betting for a reason. Furthermore, most major sports can exceed extremely high scores. With scores potentially escalating this high, it might be wiser to bet on a range of score points as opposed to just one solid, hard outcome. Ultimately though, what you choose to do is ultimately a matter of personal choice and preference. Spread Betting Tips Before you consider placing a spread bet, you should also consider keeping the following three pointers in mind: Understand the rules and parameters around your preferred sportsbook platform.
Review the fine print as carefully as you can. Never wager more than you would be comfortable losing. Currently, 13 states, as well as Washington D. Depending on where you live, you could currently have as little as one option or as many as 20, but that number is only expected to keep growing in the coming months.
Ultimately, your best bet for following the best betting options will be following OddsSeeker.