Have you ever heard of the latest and hottest way of betting on football, called spread betting? If you are a football lover and want to leverage your prediction skills to make big profits, keep reading this article. We will explore this betting method in greater depth. This betting method provides you with a great opportunity to become a betting expert and succeed in the challenging world of football. Are you ready to explore this innovation? Let's find out together what spread betting in football is. This article was created by the experts at Wintips.com.
What is Spread betting in football?
Point Spread Betting, or Point Spread Wagering, is a handicap given by sportsbooks in sports betting. The point spread is used to provide equal betting opportunities for both teams. It is very common in sports where one team is considered more skilled and dominant than the other. Players always need a reason to bet on a team, and sportsbooks use the Point Spread to create an evenly matched winning chance.
In this case, the betting is balanced by adding points to the score of the underdog team or subtracting points from the favorite team's score. Therefore, you will see the symbol (-) assigned to the favorite team's name, while the symbol (+) will be designated to the underdog team. The point spread will be added or subtracted from both teams' scores based on the final result of the game.
Some examples and how it works
To better understand how to bet with point spread bets, let's look at an example: the match between Vietnam and Australia in the 2021/2022 FIFA World Cup qualifiers.
In point spread betting, players can see that Australia is the favorite team with a point spread of -2.5. This means that for Australia to be considered the winner in the bet, it needs to have a goal advantage of 3 or more. For example, if the score between Australia and Vietnam is 3-2, the bettor who chose Vietnam would still be considered a winner, while Australia scored more goals but only led by 1 goal. The condition of the bet is to exceed the point spread of 3 goals.
These bets always have predefined point spreads set by the sportsbook:
- Choose the sport you want to bet on.
- Take a look at the point spreads and the teams competing.
- Finally, fill out the betting slip for the game with the point spread and the odds you prefer.
- Spread betting is available in most popular sports such as football, baseball, basketball, and American football, among others.
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Dedicated terminology about Point Spread betting
Spread Betting (Cover the Spread)
In spread betting, a bet is considered a winner if the favorite team wins by more than the point spread. Conversely, if you bet on the underdog, the team must either lose by less than the point spread or win outright after the point spread is added to the final score.
Against the Spread (ATS)
When a player chooses to bet with the symbol (-), representing the underdog team, the team must either lose by less than the specified point spread, draw, or win outright to win the bet.
Push
A push occurs when the team you bet on wins by exactly the point spread set for the bet. If this happens, the bettor will be refunded the exact amount used for the bet.
Hook
Similar to a push, a hook occurs when a betting match results in a tie relative to the Point Spread set for the bet. If this happens, the bettor will be refunded the exact amount used for the bet.
Run line/Puck line
Run Line is a point spread commonly used in baseball and often set at +/- 1.5. Meanwhile, the Puck Line is a widely recognized point spread among ice hockey bettors and is usually set at +/- 1.5 by sportsbooks.
Pick or Pick'em
In a pick or pick'em bet, the point spread is set at 0, meaning there is no favorite or underdog designated. In this case, the bettor simply chooses the odds and bets on which team will win.
See more: The best soccer odds analysis at the moment
2 special things about Point Spread betting
The bookmaker may change the point spread bet from time to time
The course of sports betting will change over time if any factors come into play. So will the point difference. Similar to live betting, the odds are constantly changing, and the bookmaker will adjust them accordingly. The point spread changes based on conditions such as experts changing their betting teams and adjustments in the amount of money staked on teams. It can also be influenced by factors affecting the match outcome, such as player injuries, fines, or adverse weather conditions.
Usually applies in conjunction with American/Moneyline odds
That bet adds excitement to the game. However, you still need to consider the odds as the deciding factor in how much money you'll make when choosing a match to bet on. Most commonly for all odds, American odds are used with this type of bet and fluctuate depending on different sports competitions. Football has always been the most popular sport with the most attractive odds for Vietnamese players. The odds usually range from -100 to -120.
FAQ about Point Spread betting
1. How do point spread bets work?
Point spread bets function as goal or point handicaps set by the bookmaker for both teams. The bookmaker will subtract goals or points from the favorite team (upper handicap) or add them to the underdog. The winner of the bet is determined based on the final results after applying the handicap.
2. What is a point spread bet in a point spread bet?
A point spread bet involves betting on the underdog or a team with a lower probability of winning. You win your bet if the underdog loses by less than the specified point spread, draws, or wins outright.
3. How to read 3.5-point spread bets?
In a 3.5-point spread bet, the team you bet on must win by at least 4 goals for you to win the bet.
Conclusion
Are you ready to harness your predictive instincts and explore the exciting world of modern football betting? Join us to learn and become a successful spread-betting expert. Sometimes, achieving success requires bold decisions—are you ready to make them? Start your football betting journey now and show the world what you're capable of!
See also: Betting american football odds and playing tips for beginners
