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.[7] A report from Cass Business School found that only 1 in 5 gamblers ends up a winner.[8] As noted in the report, this corresponds to the same ratio of successful gamblers in regular trading.[9] 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.[citation needed]
For example: New England –2.5 (–110) or Philadelphia +2.5 (–110) means you’d wager $110 for the chance to win an additional $100 if you bet on the point spread. Depending on which side is receiving the most action, a sportsbook will often move the line up or down in order to incentivize betting on the less popular side. Injuries or unforeseen changes can also impact a point spread gambling line. Point spreads are often listed with a half-point (ex: 2.5) in order to prevent the final margin from landing exactly on the point spread (ex: 10-point spread, final score of 20–10). A “push” or “tie” usually goes to the house or sportsbook, unless another arrangement has been agreed upon beforehand.
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.
Since betting on point spreads in the NFL is the most popular bet that people make, it is probably pretty important that you know what you are doing. The point spreads in the NFL are always alot closer then college football because you are dealing with the best of the best. You will almost never see a team favored by more then two touchdowns in the NFL, and most of the NFL point spreads are less then one touchdown. So, here is are best try at helping you understand how to read point spreads in NFL games.
For example: If it is universally believed that Alaska State is better than Hawaii Tech, a standard win/loss wager wouldn't work, since most likely people would bet more money on Alaska State. Therefore, the Sports Book could put the point spread on Alaska State at 6.5 points. This would mean if you bet on Alaska State, not only would they have to win the game, they'd have to win by at least 7 points to make you a winner, otherwise a ticket on Hawaii Tech, even though the team might have loss, would be a winner.
The biggest advantage of the moneyline for the NBA is that your team doesn't have to overcome the point spread for you to win your game. If your handicapping leads you to believe that one team is likely to win but you can be less certain that they will win by as much as the point spread then the moneyline may be attractive. You are sacrificing some potential return because the moneyline won't pay as much for the favorite as the point spread will, but it's obviously better to make a small profit than it is to lose a bet. This is particularly attractive in basketball because the favorites can often face large point spreads and teams can win comfortably and effectively without covering the spread.
Identify the favorite: Lines with a - before the number (i.e. -200) indicate the favorite. A -200 should be read as: "For every $200 wagered, I win $100." When there is a negative sign, the line should always be read with relation to 100. That does not mean you have to bet that much, it's just easiest to understand! When a + sign is present, just reverse the reading, always keeping reference to 100:
The main purpose of placing a wager on a game or event is to win money. That is what drives the industry and it's what has both amateur and pro bettors competing amongst themselves to prove who the best handicapper is. If you ever find yourself placing a bet with the expectation of losing, you are in the wrong business. Whether you can believe it or not, sportsbook place bets from time to time with the expectation losing in order to secure a profit. This term is called the "layoff" Read More >>
The process of sports betting is nowadays better regulated and therefore a lot safer. The perception in society is also getting better and better. There are several reasons for this. On the one hand, the legalisation of online sports betting made it clear that this industry is no longer run by criminal gangs. In addition, many people recognized the irony that although they liked to play the lottery or participate in other lotteries, they still considered sports betting too risky, although they have the better chances of winning. The market was free and better controlled, the state lost its monopoly on gambling and betting providers could advertise for themselves. Now that the bookmakers were represented on television or on posters by prominent faces, the perception changed even faster. The opportunity to now also place sports bets via the Internet drew the attention of many people interested in sports. You no longer had to go to a betting office, but could place bets from the comfort of your own home, on the bus, outside with friends or in a pub.
The odds and lines for football games are not always the same at every bookmaker. They don't tend to vary by a lot, but they do vary. It's very much in your best interests to always try to place wagers where you can get the best value. A half point difference on a spread or a couple of points difference on the odds may not seem like a big deal, but over time these small differences can add up. By opening accounts with a few different sites, it's easy to shop around for the best odds and lines. This is one of the best ways to maximize potential profits.

For example, a negative value (-11.5) next to a team indicates that they are favored by that many points. So you must deduct 11.5 points from their score to determine if they won the game or not. On the other hand, a positive value on the same game (+11.5) means the underdog starts with an 11.5-point lead before the game even begins. In NFL betting, the favorite must win by 12 points or more to cover the NFL spread. The underdog is able to lose by 11 points and still cover the spread.


A spread is a range of outcomes and the bet is whether the outcome will be above or below the spread. Spread betting has been a major growth market in the UK in recent years, with the number of gamblers heading towards one million.[1] Financial spread betting (see below) can carry a high level of risk if there is no "stop".[2] In the UK, spread betting is regulated by the Financial Conduct Authority rather than the Gambling Commission.[3]
Head-to-Head. In these bets, bettor predicts competitors results against each other and not on the overall result of the event. One example are Formula One races, where you bet on two or three drivers and their placement among the others. Sometimes you can also bet a “tie”, in which one or both drivers either have the same time, drop out, or get disqualified.
Totalizators. In totalizators (sometimes called flexible-rate bets) the odds are changing in real-time according to the share of total exchange each of the possible outcomes have received taking into account the return rate of the bookmaker offering the bet. For example: If the bookmakers return percentage is 90%, 90% of the amount placed on the winning result will be given back to bettors and 10% goes to the bookmaker. Naturally the more money bet on a certain result, the smaller the odds on that outcome become. This is similar to parimutuel wagering in horse racing and dog racing.
For each NFL game the oddsmakers set a number of points in which the favored team is favored by. Bettors can then either choose for the favored team to win by more than the number of points set, or bet on the underdogs to lose by less than the number of points they are underdogs by or win the game straight up. For example, the spread could be set on the favored team at 6.5 points. This would mean in order for a bet on the favored team on the spread to win they would need to win by more than 6.5 points (7 or more) in order to win the bet. It also means that a bet on the underdog team would win if the underdogs lost by less than 6.5 points (6 or less) or won the game outright.
The point spread will list one team in the negative and the other in the positive. (Unless neither team is favored, then they will be listed as EVEN or PICK). The club posted in the negative with a minus sign is favored and so the bookies take points away from them, which means that team must win by at least a certain number of points to cover the spread. The underdog will have a plus sign and will cover if they win outright or lose by less than the posted number.

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.[7] A report from Cass Business School found that only 1 in 5 gamblers ends up a winner.[8] As noted in the report, this corresponds to the same ratio of successful gamblers in regular trading.[9] 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.[citation needed]
Identify the favorite. Lines with a - before the number (i.e. -200) indicate the favorite. A -200 should be read as: "For every $200 wagered, I win $100." When there is a negative sign, the line should always be read with relation to 100. That does not mean you have to bet that much, it's just easiest to understand! When a + sign is present, just reverse the reading, always keeping reference to 100:
Here you can see that the Rams are +3.5, while the Cowboys are -3.5.  So for this example the Cowboys are 3.5 point favorites, while the Rams are underdogs of 3.5 points.  If you were to bet on St Louis you would need them to lose by 3 or fewer points or just win the game outright.  If you were to bet on Dallas you would need the Cowboys to win by 4 or more points.
The point spread is a handicap placed on one team for betting purposes only, it has no place in the game itself. It's designed to give both teams an equal chance at winning in the context of wagers. Think of it this way: If last season's Super Bowl champion was playing a basement-dweller team that hadn't won a game all year, that's a shoo-in bet. Of course, you're going to take the Super Bowl champs, and in all likelihood, you're going to win. What's the fun in that? Even your bragging rights would be next to nil.
Point Spread: The point spread remains the favorite way to wager on pro football, regardless of how many new forms of wagering come on stream. It’s called the line or spread and it’s known as betting ‘sides.’ The common misconception is that Las Vegas sets the spread as its best guess at the margin of victory. But really, it's a number they feel that is a perfect balance and will see an equal number of people to bet the underdog as on the favorite. A negative value like -6.5 means that team is favored by 6.5 points. So deduct 6.5 points from their total score. A positive value on the same game would be +6.5 (add 6.5 points to their final score) and would make that team an underdog of 6.5 points. The favorite must win by at least seven points to cover the spread. The underdog can lose by six points and still cover.
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