Today we're going to be talking about what is "against the spread" and more specifically what "spread betting" is. Spreading betting was invented around the nineteen twenties to try to balance games where the skill level was quite different between two teams. This made it more likely for people to place a wager on the weaker side and thus the sportsbook could balance their money out. Really it's like spotting points to the weaker team before the game begins or taking the way points from the stronger team depending on which side you're betting on. We typically see spread betting in NFL and NBA and in high scoring types of games but sometimes you can see some spreads in other sports Malaysian online casino .
Now the best way to illustrate this is to work through a few examples so that you understand how spread betting works. Let's take this NFL game scheduled to be played in September here between Carolina and Denver the odds and spreads have been released for this already. We can see that this spread for this game has been released at minus 3 / plus 3 minus 3 for Carolina and plus three for Denver. What that means is that when you to have the final score of the game you're going to have to subtract three points from Carolina and then re-evaluate the score to determine whether Carolinas won or likewise if you've taken Denver you're going to add three points to denver score at the end of the game and determine whether or not Denver has beaten Carolina. Something to pay close attention to and spread betting is that sometimes the odds will move. Most typically you'll see - 110 / - 110 on either side of the bet. In this example we're seeing a plus 100 / - 120 so what that means is that if you bet Carolina against the spread you play a hundred dollar bet on that you're going to win an additional one hundred dollars but Denver if you were to place a hundred dollar bet on Denver and they were to win with the points you're only going to win eighty three dollars and thirty-three cents because of the way the odds are. A lot of people don't pay very close attention to those those little subtleties but make sure that you're really properly judging your risk in doing your math before you place a wager. Let's take this example and we'll put some numbers up as scores to see the result. Here we have an outcome of a 21-17 so Carolina outright wins the game but before we can evaluate that we have to subtract the three points. If we have bet on Carolina, that puts the points down to 18 to 17 which still has Carolina winning. You're gonna win your bet on Carolina in that case. To evaluate the Denver side you're just going to add three points to the 17 which gives you 20 you're still going to lose the game 21 - 20. That's a losing bet on denver now let's try a different example where you have a final score of 14 to 12. In this case at the end of the game you're going to have to subtract your three points from Carolina which is going to put you at eleven so 11 to 12. A bet on Carolina - 3 with that score is going to lose and likewise with Denver, if you add three points to their score 12 put you up to 15 - 14 Denver is going to win that bet now. There's a pretty common situation in spread betting called a push. It's when you add or subtract points and give yourself a tie. Let's take the example of just for ease of 14 - 11. In this case Carolina - 3 is 11 you end up with denver plus 3, is 14 you end up with a tie. You don't generally want this as a sports bettor the sports book doesn't generally want it either. They'll make no profit from a contest like this and you'll have a an opportunity cost wasted. Typically you'll see spreads adding a half point. What that means is that no matter what, there's going to be an outcome There's going to be a winner of this game. Let's take this example here: should the spread have been - 3.5 plus 3.5 . You're going to subtract three and a half from 14 you're going to get ten and a half to - 11:00. Carolina loses this. Likewise if you add three and a half points you end up with 14 and a half - 14 and Denver wins this this bet so that's what the half point means in the spread. Just making sure that you get a result. The example is exactly the same in basketball. You just add points and half points to try and determine which side is going to win not that particular game. That's spread betting. I
0 Comments
Leave a Reply. |
AuthorBen Black is author of this blog, gambling tutor, successful entrepreneur and writer at Casinoslots NZ Casino Authority platform. He is also a music buff, coffee lover and social media fanatic. ArchivesCategories |