Quick Answer: What happens if you lose a spread bet?

What happens if you bet the exact spread?

A push in sports betting occurs when the point spread or point total hits the exact number in which you bet. … If the Cowboys win by seven points, both bets are a push and money is refunded (you get your money back).

Can a team lose and still cover the spread?

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.

Who wins a bet when the spread?

Spread vs.

Point spreads involve a winning margin. If you bet on a favorite, they need to win by more than the assigned spread. 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.

Do you lose money if you lose a bet?

Yes, you can lose money on a winning bet – but there’s nothing underhand about this fact. There are several scenarios where you will get a return off a bet that won’t be as much as the stake you placed, meaning you have lost on a winning bet.

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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.

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 the spread is a tie in a parlay?

If any of the bets in the parlay lose, the entire parlay loses. If any of the plays in the parlay ties, or “pushes”, the parlay reverts to a lower number of teams with the odds reducing accordingly.

How often is the spread correct?

More than 28 percent of NFL games have been decided by more than 14 points over the past 10 seasons. And only 5.5 percent of games have landed exactly on the closing point spread. Even on those rare occasions when a final score does duplicate the point spread, oddsmakers don’t deserve all the credit.

What does a +7 spread mean?

What does +7 spread mean? If the spread is seven points for a game, it means the underdog is getting seven points, noted as +7 on the odds. A team posted at -7 is the favorite and is laying seven points.

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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.

Who will cover the spread meaning?

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.