In general, the betting public tends to gravitate towards favorites when betting the games regardless of the actual pointspread. This is especially true with high-profile teams such as Dallas and Green Bay in the NFL and Golden State and Cleveland in the NBA. The sportsbooks are well aware of this phenomenon and often times they will adjust the betting spreads accordingly. This, in turn, actually adds some value to the underdog when you consider that a pointspread is nothing more than a handicapping tool that is designed to even out the match.
Last week, we went over how to read sports betting odds and covered the most common items you'll see on a betting board inside a sportsbook (or on your screen with your online sportsbook). These included point spreads and totals. When betting these choices, you will almost always see -110 listed with them. If you don't know what that means, don't worry - we're covering that today and it's not nearly as complicated as it looks. Whether you're brand new to betting, have placed some bets but have disregarded the -110, or live outside the United States and are unfamiliar with American odds, you'll be an expert in no time after reading.
When the point spread was invented in Chicago by Charles McNeil the money line took a backseat. When two unevenly matched teams played, the playing field was leveled by having the favorite give points (for example Chicago Bears –7) while the underdog got points (Minnesota Vikings +7). No matter which team the bettor took the bettor would always risk $110 to win $100. The extra $10 needed to win $100 is called the juice or the vig, it is basically the house’s or the bookie’s take. It’s 10-percent of the bet so it would take $33 to return $30 and $440 to return $400 etc. (winning bettors get the vig back).
According to an article in The Times dated 10 April 2009, approximately 30,000 spread bet accounts were opened in the previous year, and that the largest study of gambling in the UK on behalf of the Gambling Commission found that serious problems developed in almost 15% of spread betters compared to 1% of other gambling. A report from Cass Business School found that only 1 in 5 gamblers ends up a winner. As noted in the report, this corresponds to the same ratio of successful gamblers in regular trading. Evidence from spread betting firms themselves actually put this closer to being 1 in 10 traders as being profitable, with a high number of clients suffering from the volatility that is supposed to be one of the benefits of spread betting.
If you’re going to bet on college football odds, it’s essential to understand each aspect of odds listing, including the rotation number, point spread, moneyline and over/under. You’ll often find different terms used to describe these with the rotation number called the number, point spread shortened to spread, moneyline to line and over/under simply called the total. These are all lumped together under the term odds.
The updated NFL point spread for the Super Bowl on the FootballLOCKS.com NFL spread page and site is for newsmatter and entertainment purposes only. The NFL spread for the Super Bowl is displayed to you without the Super Bowl over/under line in the table. If you generally wish to view NFL Vegas spreads in a table that shows NFL over under lines, click the following link to visit the FootballLOCKS.com NFL lines page... There you can view the NFL football spread for Super Bowl LIII (53) together with the NFL football Super Bowl over under line. If the early Las Vegas point spread for Super Bowl LIII is unavailable, the offshore spread may be displayed in the interim. Remember the football spread for Super Bowl 53 may change during the week. So to make sure you've got the latest pro football point spread for Super Bowl LIII in 2019 be sure to check back often during the week to get the free updated NFL football point spread. Check in for the NFL point spread for the Pro Bowl too in addition to the NFL Super Bowl point spread 2019. To view all inclusive odds on NFL including the latest money line, visit the FootballLOCKS.com NFL football odds page.