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1. Spread Gambling Definition
2. Spread Gambling Definition

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What does “spread” mean as a sports betting term? An abbreviation for “point spread” or another term for “line.”The “spread” is the betting line or odds used to determine the. May 14, 2020 Against the spread (ATS) wagering is part of the standard big three betting options, which also includes moneylines and totals. Points spreads are a popular gambling choice in pro and college. NFL spread betting is probably the most common and popular way to bet on football as it adds some excitement and better odds from just picking an outright winner. If you are new to. The Point Spread: Betting the spread For those new to sports betting, the point spread is the simplest, most straightforward approach to placing wagers. Sports books set a predetermined margin of. Spread betting has three main features: the spread, bet size and bet duration. The spread is the charge you’ll pay for a position, the bet size is the amount of money you want to put up per point of market movement, and the bet duration is how long your position will remain open before it expires.

How to read College Football Las Vegas Odds

Similar to our Money Line and 1st Half Odds, every matchup is listed in order of Rotation and those numbers are preceded by the Date and Time of the College Football game.

The rotation for college football games typically lists them by scheduled starting time, which can lead to some confusion since the number will remain the same even if the games wind up changing due to television networks often shifting around action to present more attractive matchups. Home teams are listed at the bottom and will therefore be your even-numbered squad.

The numbers next to the teams are called Spreads or Point-Spreads.

Favorites are the teams laying points, which is represented by a minus (-) sign. The team in the Underdog role is getting points, which is represented by the plus (+) symbol that you wouldn’t see on the board but would be represented next team onto you betting ticket or slip. You can add the spread to your team’s final score and have that edge throughout the game.

If there is no favorite or underdog, the line is called pick’em and is represented by (PK). Winner takes it. The amount of points a team is favored by is set by oddsmakers on Sunday afternoons and that figure fluctuates throughout the week based on the amount of money coming in on bets.

Opposite from the spread you’ll find the Total, which represents what oddsmakers believe will be the combined number of points scored between the teams. That number also increases or decreases based on bets coming in on the Over or Under.

How to Bet College Football Las Vegas Odds

The key to wagering successfully in college football spread betting is to decide early how many points you’re willing to lay with Favorites and to get in at the lowest possible spot.

If you’re going to back the Underdog, make sure you’re getting the most points possible entering the game. The skill in this often requires you to forecast how a game will be wagered since we often see opening lines bet up over the course of the week due to the majority of the money coming in on the favorite.

Of course, getting in too early can often backfire if a better number appears over the course of the week or if injuries that are typically not announced until coaches give status reports on Monday press conferences dramatically alter expectations. There’s also a big rush on betting action just before the kickoff of any game, which means you may be best off waiting until kickoff approaches to get the right number.

Take the 2019 college football Big 12 matchup between Texas-West Virginia as a prime example. The Longhorns opened as an 11.5-point favorite and won 42-31 after the Mountaineers scored the game’s final touchdown with :48 left. West Virginia backers who got in early prevailed on that score, while Texas bettors who guessed wrong and got in too early caught a “bad beat.” Those who waited and laid only 10.5 points still cashed. Get in at the best number!

College Football Opening Line

Opening Lines in college football are typically set on Sunday afternoons in the current week and you usually see immediate action cause line movement. The Spread is based on a rough projection of a score for every matchup, although oddsmakers have a good idea of what side the betting public will want to bet and usually saddles that team with an additional point or three. The same goes for the Total, which projects the combined number of points expected in a contest.

These numbers are based on simulations that take a number of statistical factors into account in addition to baking in injuries, a homefield advantage that is typically worth three points and any other potential edges. Teams coming off bye weeks are usually given an edge thanks to increased preparation time and fresher bodies. Teams coming in on short rest or that have to travel out of their element typically find themselves penalized in a point spread.

UCLA at Cincinnati (-4)

In the above example, UCLA was made a four-point underdog against Cincinnati in the 2019 season opener for both. The betting public jumped on the team from the higher-regarded conference, perhaps believing that the West-Coast team heading more than halfway across the country was being penalized too harshly and the line closed at 2.5 points. Cincinnati prevailed 24-14. The opening line of 4 was accurate in calling for a larger margin of victory than the closing line, which is where the ‘opener’ ultimately ends up.

VI Consensus College Football Line

When looking at the numbers over the course of the week, you’ll see constant line movement on our odds and matchup pages. All of the betting properties we track create their own lines and we display and track all of their movements in the VegasInsider.com Consensus Line. At any given point in the week, from when the line opens until just before kickoff, you’ll see different numbers representing the current lines. Those may vary from one another since properties offer up their own lines, so VI’s Consensus Line represents the one that appears most commonly.

The Total is also available on the VI Consensus line and similarly consists of the current betting line which most frequently among our list of Las Vegas and Global sportsbooks. For an example, in the most recent National Championship between LSU and Clemson, there was significant line fluctuation throughout the two-week lead up. LSU was laying 5.5 to 6 points in multiple locations as the favorite. The battle of Tigers ended with LSU blowing out Clemson 42-25, covering the spread handily.

Easily the most popular type of betting for NFL football is “spread” betting or more commonly known as betting against the spread. Bettors who are new to NFL betting or betting in general may be a little confused with NFL spread betting, but it is pretty easy to understand once it is explained to you. We will explain what betting against the spread means below.

What is Betting Against The Spread?

For each NFL game the oddsmakers set a number of points in which the favored team is favored by. Bettors can then either choose for the favored team to win by more than the number of points set, or bet on the underdogs to lose by less than the number of points they are underdogs by or win the game straight up. For example, the spread could be set on the favored team at 6.5 points. This would mean in order for a bet on the favored team on the spread to win they would need to win by more than 6.5 points (7 or more) in order to win the bet. It also means that a bet on the underdog team would win if the underdogs lost by less than 6.5 points (6 or less) or won the game outright.

Example of NFL Spread Bet

Below is an example of what NFL spread betting would look like:

Matchup

• TeamsSpread
• Dallas Cowboys -2.5
• New York Giants +2-5

The negative (-) sign indicates that the Cowboys are the favorites, while the positive (+) sign indicates that the New York Giants are the underdogs. With the spread set at 2.5 points, a bet on the Cowboys would mean that they would have to win by more than 2.5 points (3 or more) in order for you to win that bet. A bet on New York would mean that the Giants would have to either lose by 2.5 or less points (2 or less) or win the game outright in order for your bet to win.

Here is another example with a screenshot taken from 5Dimes.eu during Week 3 of the 2013 NFL season:

Here you can see that the Rams are +3.5, while the Cowboys are -3.5. So for this example the Cowboys are 3.5 point favorites, while the Rams are underdogs of 3.5 points. If you were to bet on St Louis you would need them to lose by 3 or fewer points or just win the game outright. If you were to bet on Dallas you would need the Cowboys to win by 4 or more points.

If the Cowboys were to win by 3 points, lets say 30-27, any bets on the Rams +3.5 would win. Even though the Rams didn’t win the game they covered the spread of 3.5 points.

Now if the Cowboys were to win by 4 points, lets say 31-27, the Cowboys have covered the spread and anyone who wagered on Dallas would win their bets.

Other NFL Spread Betting Information

You may often notice that the spread is sometimes set at an even number such as 3, 6 , 10, etc. In this case if the favored team won by the exact amount set for the spread the bet would be pushed, and all bets would be returned. For example, if the Patriots were 3 point favorites and they won by a FG (3 points) than this would results in a push, meaning no matter which side you bet on you would get your money returned to you.

Spread Gambling Definition

The most common NFL spreads are usually set between about 2.5-10.5 points, but you will also almost always have games each week with spreads lower than 2.5 and higher than 10.5. In the event that the oddsmakers feel the game doesn’t need a spread, it would be set at 0 or what some call a pick’em (both teams are given even odds to win for this type of bet).

The odds given on the spread are usually -110 unless otherwise noted. It is not uncommon to see one side of the spread being -105, with the other side being -115. If you don’t see any odds listed for each side of NFL spreads you are supposed to assume the odds are -110 on each. Not sure how to read NFL betting odds? Check out our Sports Betting Odds guide.

Spread Gambling Definition

Now that you know the basics of NFL spread betting you’ll want to check out our Sports Betting Strategy guide which has some great NFL strategy articles written by a professional bettor.