Point Spread & Against The Spread Betting Explained
Usually, spread betting involves laying -110, and a parlay essentially rolls over the winnings of each bet into the next bet. If you’re wondering how your parlay will pay out, just know most two-teamers pay a little less than 3-to-1, and the odds roughly double for each leg added after that. If the game lands exactly on the spread – for example, if KC had won the Super Bowl by 3 – then spread bets will “push.” A push means the book returns everyone’s stake. Note that because this game took place on a neutral field , the spread was the actual representation of the difference between the two teams.
More information regarding the hook can be found below, in the section about key numbers. Note that the conversion from moneyline to spread varies from sports to sport. A 7-point win in an NFL contest is not quite the same as a 7-point win in the NBA. Another key term in spread betting is “the hook.” The hook is the half-point that has the potential to swing betting outcomes regardless of the whole number it follows. Bettors win choosing the favorite when the favorite wins by a margin GREATER THAN the point spread. Lines and prices are not static — they will move in response to betting action, injuries, weather reports, and other factors that impact play on the field.
The impact of home-field advantage depends on the team playing with it — some teams do not have as favorable a crowd or atmosphere as others. Denver, for example, is a particularly tough place to play, given the altitude. This also works for the other side of a point spread, the underdog. Any time a bettor can, he or she will want the benefit of having the hook in his or her favor. It’s much better to have an underdog if you’re getting 3 points than just 2.5, or 3.5 points instead of 3.
If you are getting +1.5 goals, that is known as the reverse puck line. Be sure to pay attention to the “vig” in these lines as they can vary drastically compared to NFL and NBA bets. It’s not uncommon to say puck line odds of -180 or even -200 in hockey when you take the reverse puck line or +130 or +140 when you give 1.5 goals. Instead of making each bet separately, you could opt to parlay each as a leg of one bet. The risk increases because you must pick the correct side in each leg.
Those on the Hoosiers side are looking for the home side to win by two points or more. Point spreads are most popular for betting on basketball and football. MLB and NHL use what are known as a run line and goal line respectively, both of which are generally locked at 1.5. Simply put, no team can win by half a point, and bookies use this as a tie-breaker. When the sportsbook expects the team to win by six points, they change it to 6.5 to prevent a tie if the team scores precisely six points.
Recent history is the best place to start since it will show bettors how teams are performing on offense and defense. A team playing decent offense, that has struggled but is improving on defense, deserves consideration when taking points on underdog bets. When you’re working hard to research the games, you also always want to catch the best betting numbers. The sportsbook plays an essential role in this situation since it’s the one which will eventually pay you. You’re trusting this betting site with your money, so you need to be sure it’s safe.