How do bet points work?

For example, with a 4-point spread, the favorite team must win by more than 4 points for bettors to get paid. Conversely, the underdogs can lose by 1, 2, or 3 points (or win the game outright) and still win the bet. However, if the underdogs lose by more than 4 points, the bet is a loss.

What does a +7 spread mean?

The underdog odds will be +7, meaning the team can win outright or lose by less than seven points to win the bet. A loss by exactly seven points would cause a push bet.

What does point spread +1.5 mean?

The Eagles were favored by 1.5 points, which means if you bet them and they won by 2 points or more, you would have won your bet. The Chiefs were +1.5 point underdogs, so if you bet on them they would have needed to either win the game outright or at least not lose by 2 points or more.

How does Pointsbetting work on points bet?

If a wager wins by one (1) point, a bettor would win 1x the original wager. If a wager wins by two (2) points, a bettor would win 2x the original wager. When a wager wins by wins by 10 points, a bettor would win 10x the original wager.

How do you read bet points?

For example, if a spread is (-7.5) points, your team needs to win by eight or more. If you bet on an underdog, they can lose by fewer than the assigned spread or win outright for you to win. For example, if a spread is (+5.5) points, your team can lose by 5 or fewer or win outright.

The Point Spread Bet - Sports Betting Explained Series

What does +3 mean in a sports bet?

On the other side of the bet, if a bettor chooses the underdog (+3), that team must either upset the favorite and win the game or lose the game, but by fewer than 3 points for the bettor to be successful.

What does +2.5 points mean?

What Does a Spread of +2.5 Mean? A +2.5 spread means the underdog will need to win outright or lose by 1 or 2 points to cover. Similar to what we explained in the previous section, a spread of +2.5 in football and basketball indicates a matchup of two fairly evenly matched squads. Example: Milwaukee Bucks +2.5.

Is PointsBet worth it?

Very legit. PointsBet is licensed and regulated under the appropriate Gambling commission, be rest assured your data and personal information are safe with them. PointsBet is undoubtedly one of the best sportsbooks in the US according to our PointsBet reviews.

How does PointsBet pay out?

Withdrawals via ACH/eCheck take 1-2 business days to process by PointsBet. Once processed it takes 1-3 business days to reach your bank account. You will not receive a confirmation email when you request the withdrawal.

Can you cash out on points bet?

Partial Cash Out is a PointsBet exclusive feature, giving bettors a third option to take some cash and still enjoy “the sweat.” Partial Cash Out is available in all markets where Cash Out is currently running.

What does +10.5 point spread mean?

Looking at the underdogs, the Redskins are +10.5 on the spread (10.5-point underdogs), meaning they would have to lose by 10 or less in order for your bet to cash. The Titans are 4.5-point underdogs, meaning they would have to lose by four points or less in order to win.

What does +8.5 odds mean?

If it says “Hornets +8.5”, that means that you are betting on the Hornets to either win outright, or at least lose by fewer than 8.5 points. Here's how the results breakdown: If you bet on the Celtics: If they win by 8.5 points or more, you win your bet. If they lose or win by less than 8.5 points, you lose your bet.

What does +4.5 point spread mean?

In basketball, you might see a point spread of -4.5/+4.5, which means the favored team will need to win the game by five points or more for your bet to cover the spread. If you bet on the underdog, they simply need to win the game or lose the game by less than four points. If they lose by five, your bet won't cash.

What does +6.5 mean in football odds?

For example: Green Bay –6.5 means that Green Bay is the favorite and must win by at least 7 points. Chicago +6.5 means that Chicago is the underdog and has been “spotted” or “given” 6.5 points; if Chicago loses by 6 or fewer points, it is a winning bet (if Chicago pulls an outright upset, it is also a winning bet).

How does a +3 spread work?

The -3 points is the spread. If you want to bet the Colts on the spread, it would mean the Colts need to win by at least three points for you to win the bet. If the Colts win by two points, you would lose the bet because they didn't hit the key number of three.

What does a minus 5 spread mean?

In simple terms, a point spread is a bet on how much the favorite team will win by. If the team has a minus sign, that means they're the favorite and they'll have to win by the specified number or more for you to win your bet.

What is the maximum win on PointsBet?

PointsBet Services and Features

The maximum payout (total winnings) in any 24-hour period is $50,000. This maximum win applies regardless of your stake. All betting markets offered by PointsBet are subject to maximum win/loss multiplier levels.

How do you get free money on PointsBet?

After you open a PointsBet account, the first bet you place each day for five days will qualify for a refund if it loses, for up to $50 each. The refunds take the form of bet credits. Check your PointsBet Sportsbook account each day between 6 and 7 p.m. ET and you'll get a different type of bonus bet each day.

What does moneyline mean on PointsBet?

WHAT IS MONEYLINE BETTING? A Moneyline bet is a wager placed on a team to win the game outright. Bettors are required to pay a premium to wager on the better team in a given matchup. Conversely, a bet on the worse team is incentivized by higher potential returns.

How long does PointsBet take to pay out?

PointsBet doesn't offer instant withdrawals, but the sportsbook processes payments relatively quickly and in line with the industry averages. The withdrawal requests usually take 24 to 48 hours, and it further takes 30 minutes to several business days for the funds to reach your account, depending on the method.

Why can't i withdraw money from PointsBet?

PayPal will only appear as a withdrawal option if you have used it to deposit before. If you have not deposited on PointsBet with PayPal, you will not be able to withdraw with this method nor will it appear as an option until you do so. HOW LONG DO PAYPAL WITHDRAWALS TAKE TO REACH MY ACCOUNT?

What is the minimum wager on PointsBet?

A minimum bet is the lowest amount of money a bettor can place on a single event or game. At the PointsBet sportsbook, this amount is $0.50.

What does +7.5 points mean?

Pointspread betting is most common in football and basketball. An underdog could be expressed, for example, as +7.5. That means that if the team wins the game, or loses by seven or fewer points, then those who bet on that team won.

Is 3 points for a win good?

Three points for a win is a standard used in many sports leagues and group tournaments, especially in association football, in which three points are awarded to the team winning a match, with no points awarded to the losing team.

Is it better to bet moneyline or spread?

Betting on favourites against the spread results in better payouts than when taking the moneyline. With underdogs, covering the spread requires winning the contest or losing by a less than the point spread.