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<< BC Lions ink Banks to extension
Vancouver, BC (Sportsbook Betting Lines) - The defending champion British Columbia Lions inked defensive back Korey Banks to a contract extension on Wednesday. Terms of the deal were not disclosed. "Over the past number of years, Korey has bee

<< Mutuel field favored in Kentucky Derby Future Wager
Louisville, KY (Sportsbook Betting Lines) - The mutuel field, undefeated Algorithms and Union Rags are listed as the three favorites for the first Kentucky Derby Future Wager for the 2012 Run for the Roses. The pool is comprised of 23 individua

<< Thigh injury sidelines Inter's Samuel
Milan, Italy (Sportsbook Betting Lines) - Inter Milan defender Walter Samuel could miss the next two weeks after picking up a thigh injury in Sunday's 4-0 defeat to Roma. The former Argentina international was replaced at halftime of the loss an

<< Providence picked to host 2013 AHL All-Star Classic
Providence, RI (Sportsbook Betting Lines) - The American Hockey League selected Providence, Rhode Island, as the host for the 2013 All-Star Classic on Wednesday. "The American Hockey League is excited to be returning to one of its fo

Good weather means increases at Oaklawn >>
Hot Springs, AR (Sportsbook Betting Lines) - Not one day of racing has been missed at Oaklawn Park in 2012 allowing the track to increase daily purses. The track announced Wednesday that overnight purses are going up $5,000 a day starting this we

Super Bowl underdogs cash in again >>
Philadelphia, PA (Sportsbook Betting Lines) - Betting the underdog in the Super Bowl is never a sure thing as evidenced by Green Bay's win and cover as the favorite in the 2011 contest. However, with the Giants victory as 2.5-point underdogs last S

Capello walks away from England post >>
London, England (Sportsbook Betting Lines) - The Football Association confirmed on Wednesday that Fabio Capello has resigned as England manager. Capello was critical of the FA in an interview with Italian television when it was announced that J

Ruler On Ice and Shackleford meet in Donn Handicap >>
Hallandale Beach, FL (Sportsbook Betting Lines) - Triple Crown race winners Ruler On Ice and Shackleford head a field of 11 older thoroughbreds for Saturday's 1 1/8- mile Donn Handicap at Gulfstream Park. The two four-year-olds will each be making

What Is the Point Spread?

What are Sports Betting Point Spreads?

In any football or basketball game (the main sports that use point spreads) there are two teams playing against each other.

Those teams, though, are rarely exactly evenly matched – meaning that typically one team has a better chance than the other to win the game. If bettors were allowed to bet on who was simply going to win the game, smart ones would obviously bet on the better team (likely winning more than 50% of the time in the process).

If winning were that easy the Las Vegas and online sportsbooks would stop taking any bets! This is where the point spread comes in: the basic function of the point spread is to balance the likelihood of each team “winning” by adjusting the final score by the point spread. After this adjustment is made you get the Against The Spread result (ATS result for short).

Let’s look at Super Bowl XXXIX, New England Patriots vs. Philadelphia Eagles. Most people believed the defending champ Patriots to be the better team – so if betting were simply based upon which team would win the game, an uneven majority of people would have wagered on New England. But, by using the point spread, the bookmakers adjusted the terms of the bet, evening the proposition so about half the people believed the Pats to be the smart bet, while the other half considered Philly to be the smart bet.

How to Read Point Spreads

New England Patriots -7 vs. Philadelphia Eagles

The better team, called the Favorite, is expected to win the game and must “give” or “lay” points to the weaker team. The favorite is listed with a minus sign and the number of points they are favored by (e.g., New England -7)

In the case of our example, New England must not only win the game, but they must win by more than 7 points for Pats bettors to have a winning ATS result. An Eagles bettor wins his bet either if:

• Philly wins the actual game by any amount of points
  OR
  
• Philly loses the game by less than 7 points.

• There was also the possibility that the final score could land exactly on the spread number (for example, the Pats winning 28-21 when -7), which is called a “push” or “no action” and a refund is then issued to bettors of both teams.

  The same game with the same point spread can be considered from the weaker team’s perspective: The Underdog (Philly in the case of our example) is not expected to win the game and online football betting thus receives or “gets” points given by the stronger team. When a game is stated from the underdog’s perspective the team is listed with a plus sign and the number of points they are underdogs by:

  Philadelphia Eagles +7 vs. New England Patriots

  Keep in mind that Philadelphia +7 and New England -7 is the same point spread on the same game, simply stated differently. The first is from the underdog’s perspective; the later is from the favorite’s.

  For Those Who Like to Consider Things Mathematically

  Not a must, but for some a mathematical approach is insightful. You can determine the ATS winner by either:

• Subtracting the point spread from the favorite’s score (thus the minus sign before the number) and then compare to the underdog’s score
  OR
  
• Adding the point spread to the underdog’s score (thus the plus sign before the number) and then compare to the favorite’s score

  Who Really “Won” the Super Bowl odds ?

  Let’s look at the actual result of Super Bowl XXXIX: New England 24 Philadelphia 21

  The favorite, New England, won the game but not by more than the point spread they were favored by (7), so the ATS result was a LOSS for Pats bettors.

  Looking at it from the underdog’s perspective, Philly did not win the game, but they lost by less than the point spread (7), so the ATS result was a WIN for Eagle bettors.

  Mathematically considered, 24 for the favorite Pats minus 7 equals 17, which is less than the 20 the Eagles scored, so the underdog Eagles win the ATS result (or you could figure 20 plus 7 equals 27 for the Eagles, which is more than 24 for the Pats).

  Emily’s boyfriend understood the point spread and wagered $100 on the Eagles at +7. The Eagles may not have gotten a Super Bowl ring, but since they won the ATS result Emily’s boyfriend cashed his bet – giving him money to take her out to a nice dinner.

  And now hopefully you understand how to read point spreads, putting you one step closer to joining the fun of sports betting.

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