The odds are just changed depending on the ability of the team — you won’t get -110 on both sides. Low-scoring sports Best Online Sportsbooks 2021 like hockey and baseball do have point spreads, but they’re almost always -1.5 and +1.5. If the Jets (+13.5) lost by 13 points or fewer, or won the game, they covered the spread. Bettors then begin wagering on that initial point spread, which will influence the spread and move it to the most accurate possible number. They use those ratings, plus factors like home-field advantage, rest, and injuries, to create a point spread in advance of a scheduled game. People much smarter than you and me have determined that a bet spread between 1 and 5 units is the best way to avoid undue attention from the casino.
How Does Nfl Point Spread Work?
In NBA point spread betting, the goal for bettors is to determine the winner of NBA games after a number of points is added to or subtracted from one team’s total. And unlike NBA moneyline odds, there is the potential that the winning team does not win after the spread is applied. There is also the potential for ties, when the favorite wins by the exact amount of points subtracted from their score using the spread. Mybookie is clearly known to be one of the better sites for many players.
Nfl Week 11 Games on The Move
The stronger team or player will be favored by a certain number of points, depending on the perceived gap in ability between the two teams. The Orlando Magic are playing the Chicago Bulls in this NBA point spread example. The Magic have been set as 5.5 point overall favorites according to this betting line. If the Seminoles win by exactly seven points, then that would result in a push on the bet, with no payout and the bettor getting their money back.
Then their own systems will adjust the spread depending on how people are betting at their sportsbook. Ultimately a sportsbook wants 50% of the bets on each side of a game so that they can simply make money on the juice. If you can think of anything to bet on, there’s a good possibility you can find somewhere to pick on it.
A line nudging from +7.5 (-110) to +7.5 (-120) bears noting, but spreads often change much more drastically. And these changes can have sweeping impact on your betting experience. While the above examples (the -110 in American odds and 1.91 in decimal odds) represent industry standard vig, be aware that sometimes books will adjust the vig slightly. In these cases, your breakeven point may move up or down depending on which direction the adjustment happens. Most frequently, this happens when an NFL line edges toward a key number. Combine that with home field, and the betting market sees a closely matched contest.
You might also see +200 rendered as 2/1 if the sportsbook uses fractional odds. The result is determined by adding the home team’s score and the away team’s score. Just like with the point spread, NFL totals lines will change in the build-up to a game depending on how popular each option is among bettors. If the majority of people bet on over, the total points line will increase to 49.5 or 50.5. This is especially true with Super Bowl lines due to the sheer volume of wagers they attract.
The confusion surrounding NBA spread betting is what inspired us to write this article, so read on to learn everything you need to know about this popular game line. While betting the Colts moneyline leads to a smaller payout, an underdog moneyline bet on the Texans would yield more money because you’d get money on them winning the game straight up. In a spread bet, even if the Texans won straight up, you’d still only win the bet because they lost by less than three points. A point spread is used in sports betting to even the odds between two unevenly matched teams.