October 18, 2021

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Point Spread Sports Betting

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The most popular ways of displaying sports betting odds are the point spread and the money line. When we look at sports betting odds in football and basketball there are always point spreads attached to the games. Money lines are used in sports like baseball and hockey. I will list examples today from the two major sports that use point spreads; football and basketball so you know what you are looking at the next time you see sports betting point spread odds. The numbers to the left of this sports betting example are the game rotation numbers and are used to identify the teams. The numbers to the right are the point spread. In this case New England is a 7-point favorite with a total of 44. That means if you like the Patriots you must win the game by more than 7 points for the bet to be a winner. If you like the 49ers then you must either win the game outright or lose by less than 7 points to collect.

If New England wins by exactly 7 points then the bet is a tie or what is called a push, and all money is refunded. Point spreads are generally based on the traditional $110 -$100 basis. The total listed above is 44. That is for the total amount of points scored in the game. You can bet over or under that amount and it is a combined total of points scored by both teams. It is also wagered in the traditional $110-100 way. In this example the Nets are a 3-point favorite with a total of 190. It is done exactly the same way as the football point spread bet and is also done with the normal $110 for every $100 wagered. You can also take that normal vigorous down to $11 for $10 or whatever denomination you choose. These are the basic point spread odds you will see when looking at sports betting odds from football and basketball. We will look at money lines in these two sports as well as baseball and hockey at another time.

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