In football,for example,spread betting works byplaying on a 鈥榮pread鈥?or a prediction on the number of things you believe will happen in match,such as the total number of points or goals in a match. Below is how spread betting works in a soccer match: Step 1: Choose a spread market on an upcoming match of your choice.
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How do you explain NFL spreads?
The easiest way to explain NFL spreads is by looking at some examples. Lets pull up some football lines from the American betting site 5Dimes: We will pick the game between the Pittsburgh Steelers and the Carolina Panthers.
How does betting against the spread work in football?
If you place a wager against the spread you will apply that positive or negative value to your team鈥檚 score at the end of the game to determine whether or not your wager wins. This means a bet on Steelers +4.5 will win if they win the game outright (example: 20-19 Steelers), or if they lose the game by 4 or less points (example: 23-19 Panthers).
How do spreads work?
Now that we understand how spreads work it is time to take a look at the odds. In both of the examples cited earlier we notice that there are additional numbers next to the spread. The American odds format uses a combination of positive and negative numbers of three or more digits to indicate how large your return will be if the wager wins.
What is the value of a football spread?
The value of football spreads depends on the margin between the 2 teams and how long the game is expected to last. Football spreads can be found in magazines and newspapers, online sportsbooks, bookmakers and betting exchanges.