MLB Point Spread Betting Guide Understand MLB Spread Bets

What is Spread Betting

If the underdog was +10.5 in an NFL game and you want to bet on them, you would “take” 10.5 points and add them to the underdog’s final score. If you only wanted to bet $50 on the Patriots moneyline, you would get back $66.67 in the event of a New England win, a $16.67 profit.

What does +3 spread mean in betting?

The point spread is the expected final score difference between two teams. It is represented as both a negative and positive number; if the spread is 3 points, you'll see that as both -3 and +3. The team that is the favorite to win gets the minus-number (-3); the underdog gets the plus-number (+3).

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 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.

Point spread, over/under, moneyline: NFL odds explained

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At any sportsbook, simply click on whatever sport you’re looking for, whether it’s baseball, basketball, football, etc. It’s important to have accounts with multiple sportsbooks if you can, so that you can shop around for the best lines and odds. One oddsmaker might have the Lakers as -3 while another has them at -2, and that small difference can make a huge long-term difference.

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If the end result is in the middle of both bets, you win twice. Using multiples of 100 makes it quick and easy to see the value and cost of a bet; it doesn’t mean your bets need to be $100. You can bet however much you want within the maximum and minimum betting parameters outlined in a sportsbook, and the payout will be scaled up or down based on how much money you stake. In this example the Rams must win by more than seven points to cover the spread while the Vikings can lose by six or less points or win the game outright for them to cover the spread. Bets will remain live for slight delays in the action, but a complete postponement to a later date or outright cancellation can lead to sportsbooks voiding wagers.

What is Spread Betting

Going back to 2002, the most common margin of victory in NFL is 3 points. There’s a 15% chance that a game will end with the winner beating the losing team by 3 points. Point What is Spread Betting spreads are the most popular way to bet on NFL, and they come in all shapes and sizes. You could be looking at a tiny spread of 1 point, or big spreads like 17 points.

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