A wager on a team to win a division, conference or championship. The best teams have the lowest odds, while longer shots have bigger payouts.

Sportsbooks also have player futures for markets like MVP, Rookie of the Year and more. Buying points or half-points allows you to move a point spread in your favor, but you must pay extra juice.

It can cost 15 to 20 cents so becomes or to move a half point, and that juice adds up quickly. This is called live betting or in-game wagering.

Sportsbooks allow you to bet basically any time during a game. These lines and point spreads are based off of predictive algorithms, so there are plenty of times inside a game where you can pick off good numbers. In theory, yes, but not necessarily. Sportsbooks are mostly trying to balance the ledger with money , not individual bets, and people bet vastly different amounts.

Money balance is more important than ticket balance. Pull out that fact the next time you're at a bar, and you'll sound like the smartest person in the room. Absolutely not. Bet what makes you comfortable, and stay within your means. Start with straight bets. Focusing and specializing on one sport or a specific group of teams is a great way to get started.

Wagering around your favorite NFL team or a hated rival is a good first step. Find a conference, study it and bet on those games. Sam Panayotovich is a sports betting analyst for FOX Sports and NESN. He previously worked for WGN Radio, NBC Sports and VSiN.

He'll probably pick against your favorite team. Follow him on Twitter spshoot. Access and manage your favorites here DISMISS. Sign In. NCAA FB. NCAA BK. NCAAW BK. Premier Boxing Champions. Motor Sports. Professional Bowlers Association. Horse Racing. Westminster Kennel Club.

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Milwaukee Bucks. Minnesota Timberwolves. New Orleans Pelicans. New York Knicks. Oklahoma City Thunder. The difference between a 2. If a home team is favored by But, at the same time, be careful with high spreads in the NBA.

Betting on a favorite of 10 or more points can come back to bite you in the NBA, as teams tend to send in their subs when up double-digits in the fourth quarter, which can allow the opponent to cut down the lead — resulting in something called a back-door cover.

These exist in the NFL as well. In NHL, MLB and soccer, tread lightly with spreads. However, it could be profitable since you get some solid value on the favorites. I prefer betting on the spread in MLB than NHL or soccer because baseball teams usually win by more than one run.

Point spreads involve a winning margin. If you bet on a favorite, they need to win by more than the assigned spread. For example, if a spread is If you bet on an underdog, they can lose by fewer than the assigned spread or win outright for you to win.

Moneylines just require your team to win the game outright — the winning margin does not matter in this type of bet. Each team will be assigned a moneyline based on their projected probability of winning the game. It is better to choose moneyline in MLB, NHL, and soccer when taking favorites because the price is too high in the NFL or NBA.

Point spread bets are good because they allow you to take heavily favored teams without incurring the financial risk involved. If you were to bet on them to win on the moneyline, you would likely be risking seven times your original bet. In this case, you can take them to win by more than 10 points and only have to pay a price.

Another reason to consider spread betting is that you can take an underdog without worrying about that team winning the game.

Point spreads allow bettors some options when deciding on who to take in a particular game. One negative of point spreads is that it can be difficult for a team to win by the assigned margin.

Another negative is how difficult it is to choose the point spread in hockey or soccer correctly. Frank Ammirante is a Senior Sports Writer at The Game Day. Previously, he wrote for 4for4 Football and RotoBaller. Frank is a member of the Fantasy Sports Writer's Association while maintaining an active presence within the community.

He has competed in industry contests like the Scott Fish Bowl, The Great Fantasy Baseball Invitational, and more. Frank will be making his debut in Tout Wars this year.

He's got a diverse sporting background, but specializes in football and baseball. Log In Sign Up. US Fortune Coins Rivers4Fun DFS Sleeper Underdog Fantasy Betr Fantasy ParlayPlay FanDuel Betting Tools Betslip Builder Odds Convertor Parlay Calculator Hedging Calculator News.

How Does Spread Betting Work? Spread Betting Explained. Frank Ammirante Senior Sports Writer. Last Updated: Dec 1, Spread Betting Explained As is the case with moneyline bets, point spreads involve betting on a favorite or underdog in a given game.

Sports Betting Spread Types NFL Spread When it comes to NFL betting, the favorite is assigned a spread for the projected winning margin. NHL Puck line The favorite is assigned a puck line of A point spread is assigned based on the projected outcome of the game.

What Is a Push in Spread Betting? Favorites vs. Underdogs The favorite is the team projected to win the game. How to Bet the Spread Online Log in to your preferred legal sportsbook Click the sport that you would like to bet on Examine the list of games with point spreads Click on the favorite minus points or underdog plus points Determine how much you would like to risk on this game Place your bet Be sure to learn how to bet on sports before wagering.

Point Spread Betting Strategy When examining point spread markets for NFL picks , you need to remember key numbers. Spread vs. Moneyline Point spreads involve a winning margin. Where Can I Legally Point Spread Bet Online? Colorado Illinois Indiana Iowa Louisiana coming soon Michigan Nevada New Hampshire New Jersey Oregon Pennsylvania Rhode Island Tennessee Virginia Washington D.

West Virginia Should You Make Spread Bets?

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