Things you must know about Point Spread in Sports Betting
Point spread betting is one of the most popular betting forms in sports betting clubs. It is trendy in sports like basketball and football.
The point spread essentially evens out the odds between the two teams involved in a match, giving the bettors an option to back both teams with a relatively even chance of winning.
Points spread betting is also known as handicap betting.
How does point spread betting work?
The working of point spread betting happens through the application of a spread, or handicap, to a game. The team entering the game as the favorite will be denoted by a (-) sign followed by the allocated spread.
It vitally means that the spread will get subtracted from the final score at the game’s end. It means they will need more points or goals than the space for the bet to win. It is also known as covering the spread.
The underdog will be represented in the sportsbook by a (+) sign. It is followed by the spread, meaning it will be added to the final score. They must keep the game within the space for your bet to win. Backing the underdog in the point spread market means betting against the spread.
Example of a point spread bet
Let's look at an example to help you understand the point spread betting more easily. Let’s say Los Angeles Lakers are playing the New Orleans Pelicans in the NBA. The Lakers enter the game as clear favorites, with the spread set at 9.5 points.
It means that the point spread market on the sportsbook would look like this:
Pelicans +9.5 Lakers -9.5
If you back the Lakers to cover the spread, they must win by 10 points or more for your bet to be a winner.
If you back the Pelicans against the spread, they must remain within 10 points of the Lakers for your bet to come in.
How does point spread betting work in NHL?
Point spread betting in hockey is known as puck line betting. Although it has a different name, the puck line works the same way as the spread. The only difference in hockey is that the space always remains at 1.5 due to the relatively low-scoring nature of the sport.
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