The true purpose of a pointspread when it is released by any sportsbook is to try and attract an equal amount of betting action on either side of a matchup. If all the early money is flooding in on New England as the favorite with a seven point spread, the betting outlet handling this action is likely to move that betting spread to 7.5 points to try and attract some money towards Miami as the underdog.
In Asian betting markets, other frequently used formats for expressing odds include Hong Kong, Malaysian, and Indonesian-style odds formats. Odds are also quite often expressed in terms of implied probability, which corresponds to the probability with which the event in question would need to occur for the bet to be a break-even proposition (on the average).
Two possibilities existed for Seahawks backers at this point – either the team would win the game by at least three points or not. There was no possibility for a push, thanks to the use of a half-point. It’s impossible to score a half-point in football, so thanks to the magic of rounding, there’s no room for a tie outcome. Those who backed the Patriots were looking at two possible outcomes, too – either New England would pull off the upset or they would lose by just a point or two. Both would turn out in a win.
All this means to someone betting on New England is that in order for them to win their wager the Patriots must win by more than four points. For another bettor placing his money on Seattle, the Seahawks must either win the game outright or lose by less than four points. If the outcome of the game were to be decided by exactly four points, it what result in what is called a “push” where both bettors would neither win or lose their wager.
Wagering on the NFL revolves around the point spread in which one team is designated the favorite and the other team is called the underdog. The NFL point spread sets a specific number of points that the favorite must win by in order for a person betting that particular team to win their wager. Lets use an example from last week's NFL slate to demonstrate the art of NFL point spreads. This past weekend the New England Patriots played the Seattle Seahawks. The Patriots were four point favorites in that game. So in your local newspaper, you might have seen something similar to this illustration.
Using the Patriots-Rams Super Bowl matchup as our example, the Patriots are listed by most sportsbooks as a 2.5-point favorite. The Patriots are listed at -2.5, while the Rams are listed at +2.5. If you bet on the Patriots to cover the spread and they win by three points or more, you win. If you bet on the Rams to cover the spread and they lost by less than three points or win the game, you win.
Major League Soccer (MLS) the top soccer league in the United States and Canada has expressed sports betting as a possible way to gain popularity. Commissioner Don Garber has stated about sports gambling, " We have a project going on now to really dig in deeply and understand it. I’ll join the chorus of saying it’s time to bring it out of the dark ages. We’re doing what we can to figure out how to manage that effectively."[49]
I hope this article helped explain what -110 means and how to better understand sports betting odds. If you have any unanswered questions about reading odds or sports betting in general, feel free to send me a message. You can also subscribe here to receive new blog posts like this and other updates to Fast Break Bets via email. Thanks for stopping by and good luck!
There are very few periods of time throughout the year when there isn't a game or event that is garnering national media attention and bettors are clamoring to lay down a wager. Off the top of my head, the only period I can think of is during the MLB All-Star break, where it's slim pickings to lay down a wager. Sure, the Home Run Derby and All-Star game are closely watched and people do bet on them, but it's done more so to have a little action on the game to make it semi-watchable. However, the rest of the year is littered with massive, high-stakes, high-drama type events. These are what the industry called "hot games" Read More >>
The negative (-) sign indicates that the Cowboys are the favorites, while the positive (+) sign indicates that the New York Giants are the underdogs. With the spread set at 2.5 points, a bet on the Cowboys would mean that they would have to win by more than 2.5 points (3 or more) in order for you to win that bet. A bet on New York would mean that the Giants would have to either lose by 2.5 or less points (2 or less) or win the game outright in order for your bet to win.
You can also bet straight winners and losers -- with no point spreads involved -- with money line wagers. When there is a minus number you bet that amount to win $100 in profit. When there is a plus number, that is your winning profit for every $100 wagered. So if the Cowboys have a money line of -250, you would have to bet $250 on them to win $100 in profit on any Dallas victory. If the Giants had a money line of +150, you would win $150 in profit with a winning $100 bet. If a money line is posted as even, you would win a $100 profit on a $100 winning bet.
Futures betting also is offered on the major events in horse racing, such as the Kentucky Derby and Breeders' Cup. In horse racing futures, if your horse does not start the race due to injury or any other reason, you lose the bet -- there are no refunds. On the other hand, the odds on your horse racing futures bet also are "locked in," regardless of the horse's odds on race day.
Reading sports betting lines becomes easier with practice and experience with different sporting events. What looks like a jumble of letters and numbers actually gives a lot of information in a tiny amount of space. Different sports have different types of wagers available, such as the run line in baseball or the puck line in hockey, both of which replace the money line found in our football example. The more experience you have watching and gambling on different sports, the faster you’ll be able to read betting lines.
What this spread means is that, for the purposes of wagering, the Chargers will have 3.5 points deducted from their final score. For a bet on them to be successful, they would therefore have to win by four points or more. The Colts, on the other hand, will have 3.5 points added to their final score. A bet on them would be successful if they won the game, or lost by 3 points or less.
The most common football pool is the standard 100 square football pool.  At almost every Super Bowl party you have ever been to you might have seen this 10 x 10 betting sheet and wondered what it is. There’s nothing like a friendly little game to liven up the party during the Super Bowl. This pool is built around a simple chart calls for no skill or previous knowledge of how to bet the spread or of the game of football in general. In this article I will explain how easy this to partake in and how much fun this form of gambling on football can add to the game.
The optimal situation for bookmakers is to set odds that will attract an equal amount of money on both sides, thus limiting their exposure to any one particular result. To further explain, consider two people make a bet on each side of a game without a bookmaker. Each risks $110, meaning there is $220 to be won. The winner of that bet will receive all $220. However, if he had made that $110 bet through a bookmaker he would have only won $100 because of the vig. In a perfect world if all bookmaker action was balanced, they would be guaranteed a nice profit because of the vig.
In this example the Jets are listed as four-point favorites (-4) over the Bills and the 49ers are three-point underdogs (+3) against the Seahawks. So, if you bet $110 on the favored Jets, they must defeat the Bills by more than four points in order to win $100. If you bet $110 on the underdog 49ers you will win $100 if they win outright or lose by less than the three-point spread. If the final score happens to end up exactly on the number it's a tie, or 'push,' and you get your money back.

The Cronje Affair was an India-South Africa Cricket match fixing scandal that went public in 2000.[57] It began in 1996 when the-then captain of the South African national cricket team, Hansie Cronje, was convinced by Mukesh "John" Gupta, an Indian bookmaker, to throw a match during a Test in Kanpur, India. The scheme was discovered when Delhi police recorded illegal dealings between Indian bookmaker Sanjay Chawla and Cronje. According to the Telegraph in 2010, Cronje was paid off a total of £65,000 from Gupta.[58]
A lot of bookmakers offer telephone betting services, and they are usually very straightforward to use. It's a simple matter of calling the relevant number, telling the operator you reach which wagers you want to place, confirming the odds, and then providing your credit card details. Some bookmakers take other payment methods too, and some even offer credit lines to select customers.
I hope this article helped explain what -110 means and how to better understand sports betting odds. If you have any unanswered questions about reading odds or sports betting in general, feel free to send me a message. You can also subscribe here to receive new blog posts like this and other updates to Fast Break Bets via email. Thanks for stopping by and good luck!
It’s common knowledge among bettors that the online gambling industry pays close attention to Las Vegas Sports Consultants, a private company that handles the odds for casinos and newspapers. But the totals I set have to reflect our customers’ preferences for betting the over or under on certain teams in certain situations. Also, because LVSC lines are published early, I have to keep on top of injuries and potential changes in coaching strategy leading up to the game in question before I release any totals. This is doubly important in basketball, where pace determines how many shots will be taken in 48 minutes.

This arrangement tells us a lot: which team is home (listed on bottom, in this case the Seattle Seahawks), which team is the underdog (listed with a plus sign next to their name, in this case the New England Patriots), we know which team is the favorite (listed with a minus sign next to their name, in this case the Seattle Seahawks), and we know the point spread (2.5 points).


Sometimes a line will move far enough to create a “middle” opportunity. Say the Texas Longhorns end up facing the Wisconsin Badgers in the first round of March Madness. If you have Texas early as a 5-point favorite, and I move the line to Texas –7 later in the week, then you can also place a bet on Wisconsin +7. If Texas happens to win by six points, both your bets cash in. Texas winning by either five or seven gives you a win and a push. Any other result creates a win and a loss, so you’re only risking the vigorish.
If you see the point spread move, let’s say from -9 on Tuesday to -10.5 on Friday, this is known as a line move. It occurs when there is a surplus of bettors wagering on the same side of the game and sportsbooks move the line to balance the action. That means encouraging more people to bet the other way by making the line more appealing. This reduces risk for the sportsbook, who wants to have an equal handle on each team.
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