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 point spreads work in football betting?
The theory with point spreads is that a wager on either team to win a football game is as close to a 505/50 shot as possible. You’re not actually betting on which team will win the game, you’re betting on which team will cover the spread.
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 does it mean to cover the spread in sports betting?
You鈥檙e not actually betting on which team will win the game, you鈥檙e betting on which team will 鈥渃over the spread鈥? The favorite has to win by at least a certain number of points for a wager on them to be successful, and the underdog has to lose by less than the same number of points for a wager on them to be successful.
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.