How to Read Football Odds Understand Betting Numbers_1

Football Point Spreads, Football Spread Betting, NFL Spreads

It involves betting on the direction of a stock or currency without actually owning any; the company provides a bid and ask price, which marks the spread. At Spreadex we offer in-play football betting on every Premier League game, regardless of whether the game is being shown live on television. Beyond the NFL, college basketball is a great sport, because there are so many teams and the sportsbooks can’t possibly keep up on all 350-plus teams. Many, many NFL games are decided by either 3 or 7 points specifically.

So if you want the hook in your bet, you must buy a half point in the spread. For example, in the NFL, if you go for the Chiefs -7.5, which is seven and a hook, against the Bengals, you buy the half a point and turn it into -7. If your analysis ends up being correct and there is a record number of 21 corners, you would win £70.

So, if the odds are 3.00, a successful $10 bet would return $30—your $10 stake plus $20 in profit. Higher numbers indicate higher potential payouts, while lower numbers signify favorites and lower returns relative to the stake. For example, odds of -150 mean you’d need to wager $150 to win $100. The lower the negative number, the more likely the outcome, but the less you’ll earn per dollar bet. It’s essentially a way to balance the risk of betting on favorites. Total Goals Minutes is based on the aggregate total minutes of each goal scored in a match and Goals Supremacy is a prediction on the difference in goals between the two football teams.

  • So a sportsbook will make a bet on Kansas City to simply win the game much more „expensive.“ A very realistic moneyline price would be Chiefs -350/Bengals +275.
  • However, with spread betting, 5x or even 10x wins are common.
  • When Anaheim visited St. Louis on December 12th, St. Louis was a slight favorite on the moneyline (just to win the game) at -130, while the Ducks were +110.
  • The big drawback of spread betting is the uncapped downside risk.
  • Once you’ve decided to place a bet at a sportsbook, you’ll see the second number next to the point spread.
  • When people first start betting on football, they often struggle to comprehend what a point spread is and what they need to do to beat it.

While points spreads can bring about some goofy situations in football betting, nevertheless, it’s a trend that’s picking up very fast. Before their popularity, most people thought that spread betting isn’t an ideal way of making some bucks. But at the end of the day, bettors all over the globe seem to be enjoying spread betting, and it’s slowly turning out to be the staple of the industry.

In this spread betting explained guide we will be focusing on football. Placing spread bets on the Premier football is an entirely different experience to the normal fixed odds betting we have become accustomed too. If you think the North London derby will be a tight affair with few goals, you might opt to sell the 2.8-3 total goals spread and bet £10. The same way as they determine the odds on any fixed odds football betting market. A point spread is a type of bet ultimately based on the margin of victory of a game or match. It is a function of sports betting used to make every matchup one of nearly (or exactly) equal probability by setting the margin of victory by the favored team.

Moneyline bets are the simplest form of sports betting, focusing solely on picking a winner. It’s all about who wins, no spreads or point totals involved. If you see +250, that team is the underdog; a $100 bet would return $250 if they win. A -120 means they’re the favorite, requiring a $120 wager to win $100.

Types of Football Odds

You can load your parlay with as many bets as you want, but understand that the more bets you add, the more likely you are to lose. And famously, yes, you can bet on what color the Gatorade poured on the coach of the Super Bowl-winning team will be each year. https://officialpinupcasino.com/ Your opinion might vary, but for most beginning bettors, this isn’t a major consideration at first. As you become more sophisticated, you’ll start to realize how those numbers really matter, just by virtue of placing your own bets. +110, on the other hand, would be the reverse, because it’s a plus-number — meaning you bet $100 to win $110 and your original bet back.

Fully understanding how much you stand to lose if the bet goes against you is vitally important, and no bets should be placed until you are aware of your full liabilty. To show how spread betting works, I’m going to use football as an example. You can spread bet on numerous sports, statisitcal sports such as cricket are great for spread betting also. This cricket spread betting page can also be a useful resource. To place a football spread bet, look at the Spreadex prediction or spread on the market in question.

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. For example, if a spread is (+5.5) points, your team can lose by 5 or fewer or win outright. The favorite is assigned a spread for the projected winning margin. In the goals example above, for each goal above 3.1 you’d win £10, so if there were four goals then you’d win £9 (as there were 0.9 more goals than 3.1, and you bet £10). Sometimes, a sportsbook will move the juice to a split like -120/+100, depending on how bets are moving and the relative strength of the two teams.

The spread on a Total Goals Market could be 1.6 – 2.1, for example. Point spreads are designed to attract equal betting on both teams in a football game. The majority of NFL games (both AFC and NFC) have a perceived favorite, and without the addition of a spread, the bets would be one-sided. This is unprofitable for bookmakers unless the underdog wins. Point spread bets are good because they allow you to take heavily favored teams without incurring the financial risk involved. For example, let’s say the Chiefs are favored by 10 points against the Raiders.

A bettor should bet the point spread when they think that the team will cover the spread. If someone was thinking about betting on Tennessee but thought it would be a close one possession game, it would not be advisable to place a bet on the point spread. Say, for example, a team is a huge favorite and the moneyline is above -200. That’s typically not worth risking, for the payout won’t be very large. Instead, betting said favorite to cover the spread, or win by a determined margin, can net you typically around -110 odds.

Risks and Rewards of Spread Betting

Point spread bets are all about leveling the playing field between teams, making any game more exciting. Instead of just picking a winner, you’re betting on whether a team can “cover the spread,” meaning they either win by a certain margin or avoid losing by too much. For example, if a team is -5.5, they need to win by 6 or more points to win the bet. This format keeps games thrilling until the final whistle, adding intensity even to potential blowouts.

Decimal odds, also known as European odds, are a bit easier to understand. Decimal odds represent the amount a bettor can potentially take home for every $1 they wager. Over/under betting is actually a type of bet that involves betting on the points scored and not really who wins. So, when you are not sure about the outcome of a match that is predicted to be tight, you can bet on whether the point total will exceed the line or go over it. For example, the Los Angeles Rams are -3.5 favorites to win against the Atlanta Falcons (+3.5).

How do sportsbooks determine a point spread?

This article will explore the mechanics of the spread, how to place bets, strategies for success, and how spread betting compares to other wager types. By the end, you’ll have a solid grasp of point spreads, key strategies, and the risks and rewards involved. For those new to sports betting, learning about spread betting is key.

Meanwhile, the underdog can lose by a specific number of points and still come through as a winner. Exploring sports spread betting strategies can greatly improve your betting success. It involves understanding the details and using smart strategies.