![]() ![]() A very rough rule of thumb is that spreads are set by oddsmakers at a number to make both sides equally enticing to the general betting public, so evenly matched opponents will generate lower number spreads while apparent mismatches will lead to larger spreads. The team that is considered less likely to win – the underdog with a “+” sign preceding the number – is given a margin by which the team can lose the game but still cover the point spread for a winning bet. ![]() The team that is considered more likely to win – known as the favorite and listed with a “-” sign in front of the spread – would need to win the game by at least a certain number of points. Spread betting is any of various types of wagering on the outcome of an event where the pay-off is based on the accuracy of the wager, rather than a simple "win or lose" outcome, such as fixed-odds (or money-line) betting or parimutuel betting.Ī point spread represents an estimated margin of victory in a basketball game, giving bettors an opportunity to wager based on that perceived margin of victory.
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