How do you read a bet spread?

What does a +7 spread?

What Does a +7 Spread Mean? A +7 spread is very commonly seen in the NFL due to the scoring of a touchdown and a successful extra point. It can be seen in other sports, as well. If the spread is set at +7, this means that to cover, the underdog must either win the game outright or lose by fewer than seven points.

What does a minus spread mean?

In the simplest terms, a negative spread indicates the favorite, which is the side that's expected to win the matchup. A negative point spread really means that team has some work to do. For a negative spread bet to hit, the team has to beat its opponent by a margin greater than the point spread.

What does +200 mean for odds?

They are American money line odds; for example, +200 signifies the amount a bettor could win if wagering $100. If the bet works out, the player would receive a total payout of $300 ($200 net profit + $100 initial stake).

What does a +1.5 spread mean?

When you see a +1.5 in front of a team's name, that means that they are 1.5-point underdogs in that matchup.

Point Spread Betting Explained: Sports Betting 101

What does a minus 3 spread mean?

A minus 3 spread means that the team that is favored is expected to win by 3 points. This means that if you bet on a team's spread at -3, then the team must win by at least 3 points for you to win your bet.

What do +6.5 odds mean?

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).

What does +350 mean in gambling?

The “+” sign in front of a number — for example, +350 — means that a bet has been placed on the underdog, and the three digits following that sign indicate the amount paid out if the bet wins and the bettor had wagered $100.

What does +225 mean in odds?

Example #2: The Buffalo Bills are -278 to win while the Jets are +225. This means if you want to bet on the Bills to win you would need to risk $278 in order to profit $100. If you bet $100 on the Jets you would profit $225.

What does +3 and mean in spreads?

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).

How do you read a negative spread?

A point spread is a bet on the margin of victory in a game. 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. A minus sign (-) means that team is the favorite. A plus sign (+) means that team is the underdog.

What is point spread for dummies?

The point spread is the number of points sportsbooks believe the favorite to better than the underdog. Example: If you bet $100 on the favorite (Chiefs) to cover the spread at -9.5. The favorite would have to win by 10 points or more to win your bet. If you bet $100 on the underdog (Texans) to cover the spread at +9.5.

What does a minus 6 spread mean?

The favorite is the team projected to win the game. They are assigned a point spread with a minus symbol (-) in front of the number, such as Pittsburgh Steelers (-6.5). If you were to bet on the Steelers to cover the spread in this instance, Pittsburgh would need to win by seven or more points for you to win your bet.

What does spread minus 9 mean?

The negative value -9 indicates the Giants are favored by 9 points. The positive value (+9) indicates the Jets are underdogs of 9 points. To place a bet on the favored Giants means they must win by at least 10 points to cover the spread. The underdog Jets can lose by eight points and still cover the spread.

What does +4 spread mean?

Cincinnati was a 4 point underdog. This appeared as Bengals +4. That means the Bengals would have needed to win the game outright or not lose the contest by 5 points or more. The final score was Rams 23, Bengals 20, so bettors who bet Bengals +4 would have won their bets considering Cincinnati only lost by 3 points.

What is the golden rule of gambling?

Summary of Golden Rule

The golden rule of gambling is this: Never gamble more than you are willing to lose. For slot machines, never have an initial bankroll larger than you can comfortably afford to lose.

What does +700 mean in gambling?

What does +700 mean in betting: If a team is +700 in a game, it means they are underdogs with 7/1 odds of winning. A $100 winning bet would pay out $700. What does +900 mean in betting: If you wager on a team at +900 you would win $900 for every $100 you bet.

What does +475 mean in gambling?

So, for example, the Chargers are -225 favorites to win the game. This means that for you to profit $100, you have to risk $225. In the other game, the Titans are -475 favorites. This would mean you have to risk $475 to profit $100.

Why would you bet on negative odds?

The minus sign shows you which team is favored. When you bet on the favorite you get worse payout odds on your bet since they're more likely to win. The team with a negative number (like -110) is the favorite. The number next to the minus sign is the amount you must bet to win $100 in profit.

How do point spreads work?

For point spread betting purposes, the value of the point spread is added to the team's total as part of the wager. Bettors who choose the underdog win their wager when that team either wins the event outright OR loses by an amount less than the point spread.

What does +150 mean in odds?

A moneyline is simply a bet type that only includes Odds, as in “Odds to win”. Example: a moneyline of +150, is just +150 odds ($100 to win $150) for the listed team to win. A moneyline of -150 is just -150 odds ($150 to win $100) for the listed team to win.

What does +6 mean in a bet?

On the other side of the ledger is Chicago at +6, this means the Bulls are “getting” 6 points (or are 6-point underdogs). A wager on Chicago would score for you if the Bulls either prevail outright, or lose by less than 6 points (e.g. Bulls 101, Lakers 105 would give you a winning bet if you took the Bulls +6).

How does a +7.5 spread work?

If you bet on them to win, they must beat the opposing team by at least 7.5 points. On the opposite side of the wager, the New England Patriots are the underdog to win. To beat the spread, they must close the point gap to within 7.5 points or win outright.