12/22/2023 0 Comments Nfl game point spreads![]() ![]() There are numerous sportsbooks out there, ranging from casinos in Las Vegas to new, digital sportsbooks that are operated in certain states by companies like FanDuel and DraftKings, among many others. ![]() Let’s look at an example of an NFL point spread bet. Point spreads are used in tons of sports including hockey and baseball but when it comes to buying points on the spread, people are usually talking about football or basketball. That’s done by the sportsbooks, which are the oddsmakers in the betting sphere - on the street, they’re often referred to as bookies. The point spread is the expected point-margin at the end of the game. Gambling always involves a negative expected return - the house always has the advantage.įor bettors to cover the spread, the spread itself needs to be determined.Betting the point spread is one of the most popular sports betting methods, along with money line bets, and over/under (total) bets.To cover the spread, a bettor must either bet on the favorite or the underdog, and to win their wager, the team must cover the point spread - or, win by more than the point spread.In sports betting, sportsbooks calculate a point spread between two teams, providing a determination of which is the favorite and which is the underdog. ![]()
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