Point Spread Betting
sports bettingPoint spread betting is a form of wagering where the bet is on the margin of victory in a game. The favorite is assigned a negative point spread, which they must win by for a bet on them to be successful, while the underdog is given a positive point spread.
Key Takeaways
- 1Point spread betting is a form of wagering where the bet is on the margin of victory in a game. The
Point Spread Betting
Point spread betting is a form of wagering where the bet is on the margin of victory in a game. The favorite is assigned a negative point spread, which they must win by for a bet on them to be successful, while the underdog is given a positive point spread.
Example
If the Green Bay Packers are favored by -7.5 points against the Chicago Bears, a bet on the Packers wins only if they win by 8 or more points. A bet on the Bears wins if they win the game outright or lose by 7 or fewer points.
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