What Is A Point Spread In Football

The most common NFL spreads are usually set between about 2.5-10.5 points, but you will also almost always have games each week with spreads lower than 2.5 and higher than 10.5. In the event that the oddsmakers feel the game doesn’t need a spread, it would be set at 0 or what some call a pick’em (both teams are given even odds to win for this type of bet). Point Spread Spread gambling is the most popular form of wagering on football, basketball and many other sports. The sportsbooks will give the supposedly stronger team a handicap in order to even.

What

Have you ever seen this number attached to a football game?

  • Green Bay Packers at Minnesota Vikings (+4.5)

When it comes to football betting, if you’ve ever watched a game, looked up a schedule, or simply read the news, then you’ve probably seen a positive or negative number attached to one of the two teams.

But what does this mean in relation to football?

Well, in the example, the (+4.5) is what’s is known as a “point spread.”

What is a point spread?

A point spread is a number that can be bet on and is given by sportsbooks, displaying the number a favored team is expected to beat the underdog team.

When it comes to the spread, there are two ways you might see it:

  • Green Bay Packers at Minnesota Vikings (+4.5)
  • Green Bay Packers (-4.5) at Minnesota Vikings

The two examples mean the same thing because in both examples the point spread indicates the Green Bay Packers are favored by 4.5 points over the Minnesota Vikings.

The negative number always indicates the favorite and the positive number always indicates the underdog.

There are no half points in football, so in the example, betting on the Packers means they must win by 5 or more points for the bet to be won. Betting on the Vikings means they can win outright or lose by 4 or fewer points to have a winning wager.

What is a push?

A tie or “push” in a point spread refers to neither team covering due to the margin of victory landing on the exact number of the point spread.

  • Dallas Cowboys at New York Giants (+6)
  • Dallas Cowboys (-6) at New York Giants

Again, both examples mean the same thing. However, this margin of victory is possible since it includes a whole number.

To win a bet on the Cowboys in this point spread, they must win by 7 or more points, and to win a bet on the Giants, they must win outright or lose by no more than 5 points.

If the outcome of the game ends with the Cowboys winning by exactly 6 points, the sportsbook refunds all bets, since neither side won.

What is a pick’em game?

A “pick’em” or “PK” game occurs when the game between to two football teams is predicted to be so close that neither side is given points in a point spread. To win a bet when this happens, you only must pick which team will win the game without factoring in a margin of victory.

What is the payout on a point spread?

Once you’ve decided to place a bet at a sportsbook, you’ll see the second number next to the point spread.

  • Auburn Tigers (+7) (-110)
  • Alabama Crimson Tide (-7) (-110)

The bottom team is always the home team, and as stated above, the negative number indicates the favorite.

However, what does the (-110) next to the point spread mean?

This number is known as the odds and more specifically to NFL betting or college football betting, it’s known as “American Odds.” The odds will be either a positive or negative number.

  • (-110) means betting $110 to win $100 for a total of $210.
  • (+110) means betting $100 to win $110 for a total of $210.

In terms of odds in the point spread, positive numbers are rare, since the sportsbook is already giving you points in the margin of victory for picking the underdog.

Keep in mind that you don’t have to bet exactly $110 when you see (-110). The odds are determined as a percentage. Here are some other examples:

  • A $1.10 bet wins $1.00
  • A $11 bet wins $10
  • A $1,100 bet wins $1,000

How do sportsbooks determine a point spread?

Both land-based and online sportsbooks hire oddsmakers and have algorithms to determine the initial point spread.

The goal of a sportsbook is to set the line perfectly and encourage the same amount of money to be placed on both football teams, which will guarantee a profit regardless of the winner. The reason for this is because the sportsbook adds a small amount of “juice” or “vigorish” to the odds, which is like a small tax or fee for letting you place a bet on the spread.

  • Michigan Wolverines (+7) (-110)
  • Ohio State Buckeyes (-7) (-110)

The amount of money that is bet on a game is known as “action,” and let’s say $2 million is bet on Ohio State and $1 million is bet on Michigan on the first day the point spread is displayed. Here is what the sportsbook would see:

If Ohio State (-7) (-110) wins by 8 or more, then the sportsbook:

  • Takes in $3,000,000 total ($2,000,000 from bets on Ohio State)
  • Loses $1,818,000 to winning Ohio State bets
  • Gains $1,000,000 from losing Michigan bets
  • Results in losing $818,000 total from Ohio State winning

If Michigan (+7) (-110) wins outright or loses by 6 or fewer points, then the sportsbook:

  • Takes in $3,000,000 total ($1,000,000 from bets on Michigan)
  • Loses $909,000 to winning Michigan bets
  • Gains $2,000,000 from losing Ohio State bets
  • Results in profiting 1,091,000 total from Michigan winning

If Michigan, the underdog, wins then the sportsbook makes a huge profit, but if Ohio State, the favorite, wins then the sportsbook will suffer a major loss. The sportsbook can’t risk losing this heavily or else they’d go out of business.

Why does the point spread change?

To encourage an even amount of money on both sides, sportsbooks will adjust the point as the game gets closer to encourage more money to be bet on the side receiving less “action.”

Again, let’s say $2 million is bet on Ohio State and $1 million is bet on Michigan on the first day. The next day, the spread might change to look like this:

  • Michigan Wolverines (+12) (-110)
  • Ohio State Buckeyes (-12) (-110)

As a result, more money will likely be bet on Michigan, since the value of the underdog has increased (going from +7 to +12) because they are given more points in the spread, making it more likely for them to cover.

Now, let’s assume this new spread replaced the original spread and an even amount of money before the line closed at kickoff. And let’s say an even $5 million was bet on each team, giving the sportsbook this outlook:

If Ohio State (-12) (-110) wins by 13 or more, then the sportsbook:

  • Takes in $10,000,000 total ($5,000,000 from bets on Ohio State)
  • Loses $4,545,000 to winning Ohio State bets
  • Gains $5,000,000 from losing Michigan bets
  • Results in profiting $465,000 total from Ohio State winning

If Michigan (+12) (-110) wins outright or loses by 11 or fewer points, then the sportsbook:

  • Takes in $10,000,000 total ($5,000,000 from bets on Michigan)
  • Loses $4,545,00 to winning Michigan bets
  • Gains $5,000,000 from losing Ohio State bets
  • Results in profiting $465,000 total from Michigan winning

In both scenarios, the sportsbook is guaranteed a profit of $465,000 because the exact amount of money was bet on both sides.

If money still isn’t coming in on the underdog, the sportsbook will either increase the spread further or change the odds, giving more value to the underdog.

  • Michigan Wolverines (+14) (-105)
  • Ohio State Buckeyes (-14) (-115)

Now, not only is Michigan given a larger point spread, but they are given better odds and payout. Before at (-110) a $110 bet wins $100, but now only a $105 bet is needed to win $100. On the flipside, Ohio State must win by even more and you must risk more money to win the same amount with a $115 bet now needed to win $100.

This goes both ways too. If the public believes the favorite is being overvalued, and more money is placed on the underdog, the margin of victory will close and possibly even flip to the underdog being favored.

Point Spread Summary

The key thing to realize is the point spread is not the predicted margin of victory between two teams like media and news outlets often portray.

In reality, the point spread is the margin of victory given to the favorite that will encourage both the favorite and the underdog to have an even amount of money bet on them, guaranteeing the sportsbook a profit as a result. If a sportsbook loses any money on a point spread, then the line or odds were not set correctly by the oddsmaker.

If you’re knowledgeable about football, then you could take advantage of a good or bad point spread. Just remember you aren’t actually betting against the sportsbook but rather against the money coming in on one of the two sides of the matchup determining the spread. You likely have a predicted outcome in mind for the matchup you want to bet on, but to be successful, you must find value when the odds and the point spread, betting only once both are in your favor.

The point spread is one of many wagering options available to bettors. Check out our page covering NFL betting options for more insight into how to bet on football.

The point spread is probably the most common bet when you think of wagering on a single sporting event. That is because it's designed to bring the two teams to an even playing field through the use of a handicap installed by oddsmakers.

Without a points handicap, it would not make sense to pay both sides of a wager the same amount when it's clear that not all teams are on equal footing. In fact, it is entirely possible for a team to lose the game in real-life but still win a bet if they only lose by less than a set number of points. Vice versa, a team can win a game, but lose the wager if they do not win by more points than what was predicted.

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How Does The Point Spread Work?

When wagering against the spread, you bet on the team that will cover the betting line, and not necessarily win the game. Obviously, by taking the favorite, a bettor believes that a team will not only win the game but also win the game by a certain number of points to cover the betting line. But when wagering on the underdog, that team does not necessarily have to win the game to cover the line. For examples of point spreads and how those bets are won, please keep reading below where we give real-life examples explain betting odds for the spread in detail.

When Can The Spread Be Wagered?

The point spread might be the most common betting line for which people are familiar with. This is where the terms 'favorite' and 'underdog' are derived. But, when exactly can wagers on the point spread be placed? There are actually several points in time, and several different ways that a bettor can put action on the spread in a given matchup.

Obviously it starts with action before the game. Point spreads prior to the game will be available up until the start time before going off. Depending on the sports and league + which online sports betting site is consulted, point spreads can be up for days before the start to a matchup.

One of the nice things about online betting is that point spread wagering doesn't stop at the start of the game. With the advance in technology, bettors are able to place live wagers on the points spread, plus bet different spreads at different intervals in a game.

Beginning with live betting, point spreads are routinely adjusted predicated on the flow of the game, meaning how the favorite and underdog are performing. Live point spreads can come and go very quickly, with the potential for scores to change at any moment.

Betting the spread at different intervals in a game means that adjusted spreads are created during breaks, such as quarters or halves, and halftime lines. Oddsmakers will check out the game and how it went for a quarter or half, and then reinstall overall game lines, as well as point spreads for only that particular quarter or half.

How Do Half / .5 Point Spreads Work?

What Is A Point Spread In Football Team

Oftentimes a point spread will not be a whole number, and will be accompanied by a decimal point and a half number. This can be significant for a point spread. Essentially what it comes down to is that a whole number point spread gives the opportunity for a wager to push. A push means that if the favorite is favored by 10 points and wins by 10 points, bettors get their money back. Just like when betting on the over/under total for points, the spread is a half-point in addition to the whole number, there is no chance to push.

Understanding Payouts When Betting On The Point Spread

The whole nature and goal behind the point spread, is to provide an even playing field for the favorite and the underdog. Obviously not every team is equal, so the point spread adjusts this. As a result, the payouts that are generally seen around a point spread is right around Even.

This is different from a moneyline, where payouts can vary greatly because there is not point spread that is installed. It is simply picking the winner straight up. Therefore, a bet on the favorite would not profit as high as it would betting the spread since no points are given. Payouts on the point spread are not always the same, but they do not vary like a moneyline.

Examples Of How The Point Spread Works

How To Read College Football Spreads

  • Florida State Seminoles (-7)
  • Florida Gators (+7)

Here in this example, the Florida State Seminoles have been set as seven-point favorites over the Florida Gators. That means, for the Seminoles to cover this spread, they will need to win the game by at least eight points to win the bet for a person who wagered on them.

On the flip side, the Gators are receiving seven points. They could lose the game by six points or less, and still win the betting line for a bettor who placed a wager on them.

If the Seminoles win by exactly seven points, then that would result in a push on the bet, with no payout and the bettor getting their money back.

How To Read NFL Football Point Spreads

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.

Take this NFL point spread for example.

  • Atlanta Falcons -3
  • Carolina Panthers +3

Here in this point spread example for the NFL, the Falcons are playing the Panthers. Atlanta has been set as a three-point favorite on the betting line. That means that for Atlanta to cover the spread that has been set, they will need to win by at least four points. And for Carolina to cover the point spread, they can do so with a loss by two points or less, or obviously a win straight up. If the Falcons win by exactly three points, the bet would result in a push with no payouts.

Mean

NBA Point Spreads

  • Orlando Magic -5.5 (-110)
  • Chicago Bulls +5.5 (-110)

The Orlando Magic are playing the Chicago Bulls in this NBA point spread example. The Magic have been set as 5.5 point overall favorites according to this betting line.

For Orlando to cover the spread, the Magic would need to win by at least six points. For the Bulls to get the win against the spread, a loss by five points or less is needed.

Either the Magic's bettors or Bulls' bettors will get the result they need in order to win this bet because of the half point spread that is in-play; there can be no PUSH in this wager.

Bovada Sportsbook - Best Sports Betting Site For Betting On The Point Spread

The best sportsbook out there has to have a few things for it to be considered as one of the best online sportsbooks and Bovada more than a few. The point spread is just one that raises players' eyebrows and has them think about putting money on the line on these point sports. In both basketball and football and baseball, the point spread is the most important thing to pay attention to when it comes to wagering.

What

It is hard to say that even with a team be very start that it will be a blowout so most point spread would be pretty close to each other. With that being said, this is why using Bovada point spread is the best place to go. With a team like the Seahawks playing a team that they could easily blow out like the Miami Dolphins have very close point is there is without question an easy bet and easy money for fans to make. These are the kind of bets players need to take advantage of because once the games begin, there is no turning back. Bovada gives players plenty of chances to win big and it starts off with the point spreads offered.

SportsBetting's Sportsbook - Lots Of Betting Odds When Betting On Point Spreads

SportsBetting is the clutch sportsbook that a lot of players like to sign up for. There are so many great things that are offered here but the points spreads are one of the best that players will find if they are shopping for them while looking for an online sportsbook. While there are great bonuses along with great banking methods, the point spreads for all these games are important and are favorable for the players. These bets are the top way that players continue to cash.

The point spread is based on how good teams are and the matchup that is set up. Even those these teams could be a lot better than their competition, the point spread always for the most part are very close. This is great because sometimes this always gives the underdogs to cover with a close game and that could mean big money. Even betting on an underdog to cover the spread doesn’t mean that players pick that team to win the game and that’s why betting on point spreads is so profitable.

BetOnline Sportsbook - Point Spreads The Best On BetOnline

Point spreads are big to a lot of players because these could perhaps be the easier bets to win. This is because to win these bets, players don’t have to pick the actual team to win. With BetOnline, there are many point spread options and that goes through to every game and every sport. Players know that they can pick a team that could lose but cover the point spread and gets a huge payout!

The thing about these point spreads also here on BetOnline is that they don’t move much with the big news coming out for each team. This is why these betting options are the best to go for on BetOnline. The consistency is huge and also knowing that your team could lose but cover the spread is huge. Most of the team there is no major blowouts but when there is and you take a team to cover the spread, cash will be rolling in from BetOnline

MyBookie Sportsbook - Top Sportsbook With Point Spreads

There is no doubt that players like to place wagers on games point spreads which is why MyBookie makes sure to have the best point spreads than any other sportsbook out there. That is important and brings in more traffic for MyBookie. The thing that point spread is about is the hitting on the number the team is expected to cover. Betting point spread doesn’t really have anything to do with betting on a team to win.

What Is The Point Spread In Tonight's Football Game

Looking at both team's past offense experiences will tell players how to handle the point spread. The Cowboys are always in tight games so the point spread on their games are usually going to be very close. Players would see a game like the high scoring Cowboys game go down to the wire and a touchdown could determine if they hit the spread on not. Although their offense is good, their defense will help the other team cover the spread so betting on the opposite team hitting the point spread could be profitable for MyBookie players.

Point Spread vs. Betting On The Moneyline

Betting on the point spread is completely different from betting on teams to win a game outright. Known as 'betting on the moneyline', instead of using points to handicap each side of the wager, the sportsbook will use greater payouts versus the amount risked to reflect their relative perceptions; teams not expected to win (underdogs) pay more, sometimes exponentially, than when betting on the favorite to win when wagering on moneylines.

What Is The Biggest Point Spread In College Football History

While it makes more sense to have a point spread for sports with a lot of scoring like football and basketball, there are point spread bets for low-scoring sports at online sportsbooks. You may see NHL betting lines with one team favored to win at -2.5 and the same principles for how to cash in on that line are the exact same as other sports. Even MLS, Premier League, or other soccer matches come with a point spread. Most of the time that point spread is only a single point but there are times you may also find a team favored at -1.5. If you check out one of the online betting sites we recommend you will surely find point spread bets for these types of sports.