Covering The Spread Example
Understanding the different types of betting options is crucial when you’re getting a start as a first-time sports bettor.
The Point Spread: Betting the spread
The very name, 'ground cover,' is often used with the implied meaning that such a plant will spread out over a large area, thereby suppressing weed growth or fighting erosion on a slope. The rhizomes of the popular ground cover Pachysandra terminalis allow the plant to do just that. For example, a college football point spread +24.5 parlayed with under 48 points in the same game might be a great parlay bet. If the +24.5 team covers the point spread, then there’s an increased chance that the game also goes under the posted total of 48.
Now if the Cowboys were to win by 4 points, lets say 31-27, the Cowboys have covered the spread and anyone who wagered on Dallas would win their bets. Other NFL Spread Betting Information. You may often notice that the spread is sometimes set at an even number such as 3, 6, 10, etc. May 14, 2020 In other terms, a $100 bet on the Vikings to cover the spread would net a return of $90.90, while that same bet on the Vikings just to win (moneyline) would net a return of $66.70. 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. For Orlando to cover the spread, the Magic would need to win by at least six points. For the Bulls to get the win against the spread, a loss by five points or less is needed.
For those new to sports betting, the point spread is the simplest, most straightforward approach to placing wagers.
Sports books set a predetermined margin of points on a game and a team must win – or not lose – by that set number. That’s why you’ll often hear people say the team won, but they “didn’t cover the spread” so their bet still came up short.
It’s not a matter of a team winning or losing like in a moneyline bet.
For a favorite: The favorite must win by more than the point spread.
For an underdog: The underdog must outright win OR lose by fewer than the point spread.Sports books aren’t in the business of predicting who will win or lose games. Their goal is setting a pre-game point spread with the intention to generate an equal amount of betting action/volume on both sides of the ledger – as much total money being bet on the favorite as on the underdog.
The vast majority of point spread wagers are made on football and basketball because of the proliferation of points that are scored in comparison to sports like baseball and hockey, where 1-0 or 2-1 games aren’t that out of the question or out of the norm. There’s one every night.
Covering The Spread Example Template
For example, the New England Patriots are playing the New York Jets and New England is a 9½-point favorite. Bettors typically have to spend $110 or so to win $100 with sports books, known as “the house edge/advantage.” With a point spread bet, simply having a team win the game isn’t the key. The critical factor to betting a point spread is how much a team wins or loses by. If a wager is placed on New England – “laying” the 9½ points – the Patriots need to win the game by 10 or more points for that bet to pay off. If New England wins 28-20, those betting on the Jets plus 9½ points (points added to their final total) win the bet.
The same general rules apply for basketball and are quite easy to follow because of the inherent simplicity of the bet. When it comes to betting sports like baseball and hockey, the standard bets are made on the “money line” – an established number for both teams to win the game outright.
What makes point spread bets attractive are the fluid nature of each game – it’s a reality show that, when done right, is inexplicable. Games change on one play and momentum is a thing. But, when it comes to point spread betting, you know where you stand at every moment.
Magazine Spread Example
For those just starting out, the simplest form of gambling is betting the spread because it’s the easiest to explain and understand, which explains why it is the most popular form of sports wagering.