How does betting the spread payout?

What happens if you bet the spread?

The point spread: When betting on football, the team you bet on must “cover the spread.” This means the team must win or not lose by a predetermined margin of points. Example: … If you bet the Dolphins, the Dolphins must win by 7 points for you to win your bet.

How is point spread payout calculated?

If you don’t like math and just want a pretty close way of determining your payout on a point spread bet, you’re in luck. Just assume you’ll be getting about 90% of what you bet back in profit. So, if you bet $10, you should get about $9 in profit. If you bet $30, you should get about $27 in profit.

What does +1.5 mean in spread betting?

In order to help you understand betting odds, we will use +1.5 as an example. 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. Here is what this might look like from a sportsbook: Chicago Bulls -1.5. Miami Heat +1.5.

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What does a 7.5 point spread mean?

This is where point spread bets come in. In a point spread, you are wagering on the point margin between two teams. … 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.

What does +3 spread mean?

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. … That means whether you bet the Colts -3 or Texans +3, you’ll win the same amount of money if you win the bet.

What happens if a team wins by the exact spread?

NOTE: If the favorite won the game by the exact amount indicated by the spread, the game ends in a tie (or push) and all money is refunded. You do not win or lose any money.

How does point spread payout work?

Point Spread Payouts

Unlike moneyline bets, point spread bets are almost always paid out at the exact same rate on both sides. … Typically, these bets are all paid out at -110. This means that for a $100 wager, you will get $90.91 in profit. If you bet the other side of the game, you will receive the exact same payout.

How are football point spreads calculated?

For a given matchup, you want to compare the Pythagorean projected win totals of the two teams. Each half win is worth 1 spread point. For example, a team with a projected win total of 9 would be favored by 3 points on the spread over a team with a win total of 7.5.

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What does +2.5 spread mean?

What is a 2.5-point spread? If New York is +2.5, that means they are the underdog and have been spotted or given 2.5 points. If New York loses by two or fewer points, then it is a winning bet. If New York pulls off an outright upset, then that is also a winning wager.

What does +1.5 mean in baseball?

What does +1.5 mean in baseball betting? In baseball betting, +1.5 means that a team is a 1.5 run underdog. Which means they must win the game, or lose by only a single run, for our bet to come in. A point spread in baseball is a given number of runs that a team is expected to win or lose a game by.

What does 1.5 Spread mean in baseball?

How do run lines work in MLB betting? With a run line, the standard spread is always 1.5 runs. The favorite will be -1.5 runs and will need to win by two or more to be graded as a successful bet. The underdog is +1.5 and will have to win the game or lose by just a single run to earn a payout.

What does 2.5 mean in betting?

Under 2.5 Goals is a popular football bet that literally means you are betting on there being less than 2.5 goals in a football match. That means you’d win this under 2.5 goals bet if the match you’d bet on produced no goals, one goal, or two goals.