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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.
Which brings me to my next point. If you are serious about getting into sports betting, it is vital to have more than one sportsbook to make a wager at. Shopping around for the best lines will help your bankroll and you will be able to turn a bigger profit. If you see a pair of sneakers for $110 at one store, and the exact same pair is $102.99 at another store - which store are you buying them from?
A point spread, or “the line,” is a number set by oddsmakers to give an advantage to one team and a disadvantage to another team based on the margin of victory or defeat for the two teams. The favorite team is giving up points for purposes of the wager, meaning they not only have to win, but they have to win by X amount of points. The underdog team is getting points for purposes of the wager, meaning they can still lose the game, but they must lose by less than X amount of points.
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