Sports betting is a popular pastime for people all over the world. But before you can start placing bets, it’s crucial to understand how point spreads work. If you don’t, you could lose your chances or not get the most out of your wagers. This blog post will provide an overview of what point spreads are and how they work so that you can feel confident when placing your bets.
What is a Point Spread?
A point spread is a difference between two teams’ scores at the end of a game or match. For example, if one team wins 10-7, the point spread would be 3 points (10 minus 7). This number determines which team is favored to win and which is considered an underdog. The favorite will have a negative number assigned to them, while the underdog will have a positive number.
How Do Point Spreads Affect Betting?
Point spreads are used by sportsbooks to determine who has more chances of winning each game or match. The favorite will be given points (usually -3) that they must win for bettors who wagered on them to win their bet. Conversely, the underdog will be given points (usually +3) that they must stay within for bettors who wagered on them to win their bet. Even if an underdog loses the game, they may still “win” the bet if they stay within the point spread set by sportsbooks.
For example, let’s say Team A is favored to beat Team B by -3 points, but Team B ends up winning 10-9; since Team B stayed within 3 points of Team A’s score (-3 minus 9 = 6), those who wagered on Team B would still win their bet because their team managed to stay within 3 points of the favored team’s score despite losing!
Conversely, those who wagered on Team A would lose their bet because although their team won overall, they did not beat Team B by 3 or more points as expected due to being favored in this matchup.
Understanding how point spreads work in sports betting can be tricky. Still, with practice and experience, it becomes easier over time. With this knowledge under your belt, you’ll be able to make better-informed decisions when placing wagers and increase your chance of making successful bets and profiting off them! Good luck!