How Do You Read A Point Spread?

What are over under odds?

An over–under or over/under (O/U) bet is a wager in which a sportsbook will predict a number for a statistic in a given game (usually the combined score of the two teams), and bettors wager that the actual number in the game will be either higher or lower than that number..

How is point spread payout calculated?

If you don’t like math and just want a pretty close way of determining your payout on a point spread bet, you’re in luck. Just assume you’ll be getting about 90% of what you bet back in profit. So, if you bet $10, you should get about $9 in profit. If you bet $30, you should get about $27 in profit.

What does the T mean in football odds?

When a “T” is indicated, the number following it is the projected total for the two teams. Bettors place a bet on whether or not they think the total will go under or over this number. For example, a “T: 40.5” means that if you bet under, the maximum number of points in the entire game can’t exceed 40.

How do point spreads work?

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. … The point spread is always placed to the immediate right of the team that is favored.

What do odds of mean?

If the odds on a tennis player said +150, that means that for a $100 bet, you would win $150. … Now if there is a minus sign in front of the odds, that is the number that you would have to bet in order to win $100. For example, if a football team was -250, that means you’d have to bet $250 to win $100.

How do you bet the money line?

Even non-gamblers make moneyline bets. Betting the moneyline for a game is possibly the most simple way to wager on sports. Bettors just choose a player or team to win. If the bettor chooses the winning side, the sportsbook will pay the amount due.

What is 2.5 point spread?

What does “point spread” mean as a sports betting term? … Philadelphia +2.5 means that Philadelphia is the underdog and has been “spotted” or “given” 2.5 points; if Philadelphia loses by 2 or fewer points, it is a winning bet (if Philadelphia pulls an outright upset, it is also a winning bet).

How do you win a point spread?

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 money line?

A moneyline bet is one of the easiest kinds of bets you can make at a sportsbook. Simply put, it means betting on a specific team to win a game. While betting on a point spread is about who wins and by how much, a moneyline bet is solely about who wins.

How do you do a point spread?

To generate point spreads each week, you must compare two teams playing each other and determine the difference in their “Power Ratings Win Total”. For each half win of difference, you add one point to the spread. For example: The New England Patriots open the season against the Kansas City Chiefs.

What does a 0 point spread mean?

A pick’em is a betting offer in which there is no favorite or underdog. This can occur on Point Spread bets where the line is set at 0 points (so the winner of the game wins the Point Spread).

What does a 6.5 point spread mean?

For example, the spread could be set on the favored team at 6.5 points. … 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.

Why would you bet on negative odds?

If the odd is negative (-) it means that outcome is more likely to happen and placing a bet on that outcome would payout less than the amount you wagered, while a positive (+) odd shows that the outcome is less likely to happen and it would pay out more than the amount you wagered.

How is Moneyline payout calculated?

To calculate how much we will get paid on any bet, we multiply the size of the bet by the amount we will get per $1 bet. So, if we wanted to bet $10, we would multiply $10 by $1.45 and get a profit of $14.50. If we wanted to bet $250, we would multiply $250 by $1.45 and get a profit of $362.50.

What is a parlay mean?

parlay. Definition of parlay (Entry 2 of 2) : a series of two or more bets so set up in advance that the original stake plus its winnings are risked on the successive wagers broadly : the fresh risking of an original stake together with its winnings.

How do you read the point spread in football?

The favorite in a game is listed as being minus (-) the point spread. The worse of the teams playing in the game is called the underdog. The bettor wins if this team wins the game outright or loses by an amount smaller than the point spread. The underdog in a game is listed as being plus (+) the point spread.

What does the points spread mean?

betting the spreadThe points spread – also commonly known as ‘betting the spread’ or ‘handicap betting’ – is a sports betting market that means a team must win by a specific number of points / goals, or they must not lose by a specific number of points / goals. … That means that Team B must win by at least 8 points for the bet to win.