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Point Spread Betting Explained

It also means that the underdog can lose less than 7 points to win the bet. This is a common outcome with NBA point spreads and NFL point spreads. Whenever a sports event, game, or match ends in a draw, and a spread was involved, the outcome is known as a Push. Recall that with spread betting, the (-) indicates which team is the favorite to win, and the (+) indicates which team is the underdog. The (-) effectively removes 10 points from that team, leveling the playing fields to make it a more equitable bet.

When pitchers for a baseball bet must start for the bet to action. When ‘Listed Pitchers’ accompanies a baseball bet, bets will be void/cancelled should one or both of those pitchers not start. Futures are odds available for events in the future, where multiple events may take place to determine the outcome. Futures are offered well in advance of any season or tournament and are continually adjusted as the events unfold. A ‘Dead Heat Reduction’ is calculated by dividing the wager amount proportionally between the number of winners in the event. For example, in a two-way tie aka ‘Dead Heat’, your return would be half of what was originally projected in the Bet Slip at the time of placement.

The term “Asian handicap” was coined by journalist Joe Saumarez Smith in November 1998. He was asked by an Indonesian bookmaker, Joe Phan, to provide a translation of the betting method that was termed ‘hang cheng betting’ by bookmakers in Asia. While the early group stages can have some disparity in terms of team skill level, the importance of each goal and each game is so large that the tension becomes palpable. Honestly, when it comes to soccer, does it get any better than the FIFA World Cup?

These types of bets are far less popular than money line bets for MLB betting, but still an important form of betting for baseball fans. In hockey and baseball, the terms puckline and runline are used. As with basketball and football, the (-) indicates the favorite team, and the (+) indicates the underdog.

For a Parlay bet to win, all outcomes within the Parlay must be selected correctly. The odds for each pick are multiplied by one another to determine the odds for the Parlay. For example, New England at -190 odds, parlayed with New York at +145 odds, would result in +275 odds.

In basketball and football, odds makers don’t have preset limits on the margins of victory/defeat for these sports. You will always get your money back in sports betting when a Push results, provided that the final result lands on the listed point spread. Since the Philadelphia Eagles need to win by more than 10 points, and the Dolphins need to lose by less than 10 points, the result is a Tie or a Push. Since neither the Philadelphia Eagles nor the Miami Dolphins covers the spread, there is no winner. Let’s use the Philadelphia Eagles vs. Miami Dolphins example to illustrate how a Tie result affects your point spread bet.

Halftime bets usually just ask you to pick which team is winning at halftime but some props will offer a precise score option too. Over/Under totals, also called the Goal Line is a line set by the oddsmakers that predicts the total number of goals scored. You can bet on the over if you think more goals will be scored than the sportsbook’s line, or under if you think it will be less.