Point spread betting is one of the most popular and safest ways to bet on sports. What is the point in spread betting? This guide will explain what point spread betting is and how you can use it to profit from your sports betting.
What is points spread betting?
Points spread betting is a form of sports betting that allows you to bet on the outcome of a match. However, not just win or lose. If you bet on a football match, and it ends in a draw, you get your money back. You can also bet on how many points each team will score in points spread betting. It’s possible for both teams to win and lose simultaneously.
A team could win 3-0 but only end up with one point if they failed to reach three goals by the end of the game. The same applies if they lost 5-0. In this case, they would receive zero points as they lost by more than two goals. If a match ends as a draw (draw/tie), both teams will receive 0 points regardless of how many goals they scored or conceded.
Betting sites with points spread betting are available
There are many great US sportsbooks that offer a wide selection of point spread bets. Thus, making it difficult to know where to place your money. Here is a list of the best betting apps in the US with point spread options below.
Markets with point spread betting
Below is a look at different markets to try out point spread betting:
How points spread bets are calculated
The calculation of points spread bets is by comparing the number of points you think a team will win or lose. For example, if you think that Team A will win by 2 points, you will want to bet on Team B to cover the spread. If Team A wins by 1 point, you will have won your bet, and if they lose by 3 points, you will lose your bet.
If you believe that Team A will win by exactly 2 points, you will wager half of your stake on Team B. This will cover the spread and half on Team B not cover the spread. If neither option comes true, then neither part of your stake gets lost. However, if either team wins or loses by exactly 2 points, then one part would be returned as a winning bet.
Benefits and drawbacks of point spread betting
Below is a list of merits and demerits of using point spread betting: