Reading Sports Odds
Basics on Reading College Basketball Odds—Lines, Spread and Totals
If there’s a positive sign next to the odds, that indicates the amount of money you would win if you bet $100. If the odds on a tennis player said +150, that means that for a $100 bet, you would. The word line, in the language of a sportsbook, can refer to either the odds and/or a point spread in any sports contest. Let’s take a look at an imaginary line the way you’d read it off the board sitting in a Vegas sports betting lounge or on the screen at your online book. Quick Explanation Of How To Read Sports Betting Odds Point Spread - If A Football Team Is -7, Then That Team Must Win By 8 Points To Win The Bet. Over / Under ' AKA The Total' - If An Over / Under Is 42 In A Football Game, The Combined Total Amount Of Points Both Teams Must Score Needs To Be Over 43 Points To Win The Wager.
College basketball offers sports bettors a wealth of games on which they can wager. During the season, you’ll find a long list of odds from the top books posted on Maddux Sports’ college basketball lines page. Of course, it’s essential that as a bettor you understand how to read these betting odds. In this article, you’ll learn all that you need to know regarding how to understand NCAA Basketball odds, including the point spread, over/under and moneyline.
The elements we’ll be looking at are often referred to by different names. The point spread is often called the spread or the line. The over/under bet is also known as the total. And the all important rotation number, which is used to identify each team that is playing, can be called the number or the rotation mark. By the way, sometimes people will lump all odds together by calling them lines or they may be referring to the spread when they ask, “What’s the line on the Duke game?” Many terms, over the years, have become interchangeable.
The good news is that although terminology may be laced with slang and some inconsistencies, when you look at college basketball lines posted online they all have the same elements and they all look pretty much the same. The primary difference is some books will list the teams for one game side-by-side and another will have one team on top of another. The main thing to remember is that the visiting club is always listed first.
Starting from the left, the first things you’ll see will be the date and time of the game and right after that will be the rotation number and the team names. The point of the number is to create order and ease in making a bet. The numbers are listed in sequence and they are consistent from book to book.
As an example if Duke is playing at North Carolina and the Blue Devils have a rotation number of 901, then the Tar Heels, who are the home team and listed second, will be 902. In the next games listed, the visiting team would be 903 and the home club 904 and so the sequencing continues.
Date/Time | Rotation Number | Team | Point Spread | MoneyLine | Total |
Feb 12th | 901 | Duke | +2.5 | +120 | 152.5 |
8:00 | 902 | North Carolina | -2.5 | -140 | 152.5 |
Because every sportsbook uses the same numbers, it makes it easy for the bettor to locate the game and the odds at different sites and it provides a shorthand by which bettors can make their wagers over the phone or at a land-based book. To avoid confusion when betting, you don’t mention the name of the team but rather the rotation number.
These initial parts of the line, which are used to identify the game which is being bet, read from left to right—date and time of game, rotation numbers and team names. All elements to the right of this information relate to the college basketball odds for that specific game. This is where you will find the point spread, moneyline and over/under.
The reason the point spread exists is to make it more difficult for sports bettors to pick a winner. In college basketball odds, as in college football, some spreads can be huge. How big might they be? If a team such as Duke or North Carolina, both of which a powerhouses, plays a club such as Idaho State from the much weaker Big Sky Conference the spread could be 40 points or more. Without the spread, it would be much too easy to pick the winner. With the spread in place, bookies hope to even out the bets between the two teams.
This is how the point spread works. The team that is favored is listed with a minus or negative sign and a number, while the underdog is listed with a plus or positive sign and a number. The favorite has points taken away and the dog is given points. In our game where Duke is visiting North Carolina, the spread would be relatively tight since both clubs are national contenders. Duke, because they are visiting, might be listed at +2.5, which means North Carolina would be -2.5.
If you wager on the Blue Devils and they win outright or lose by less than three points, then you win. Bet on the Tar Heels and if they win by three or more points, you win. Often the point spread is listed with a ½ point faction or decimal, which ensures no matter what the score the game cannot end in a tie. If the spread is a whole number, then the contest could end in a tie and that would result in a push. A push means that all bets are off and all cash is returned to the bettors. If the spread was 2 in the Duke/North Carolina game and the final score was Duke (+2) 88 and North Carolina (-2) 90, it would be a tie and a push.
The other number you’ll see associated with the spread is the stake—how much you have to bet to realize a profit of $100. The most common stake you’ll see is listed as -110. This means that you must wager $110 to win $100. Note that the payout on a spread wager is not even money (1:1), as some will say. If it were, you would wager $110 to win $110. The odds are a bit less than even, standing at 0.90:1.00. That’s 10% less than even. Where does that 10% of your payout go? It’s taken by the book as part of their commission, which is also called vigorish or vig.
Next, to the right of the point spread, is the moneyline. Note: some books may list the moneyline separately under a moneyline tab. But often the line is part of the odds listing. This type of bet is quite different from the spread due to the fact that no points are given or taken away and the basketball team that wins outright is the one that pays off. The way the books even the playing field is they charge more for you to wager on the favorite while offering a smaller payout and charge less to bet on the dog while providing a bigger payout.
Using the Duke and North Carolina matchup, the moneyline would have the dog Blue Devils at +120 and the favorite Tar Heels at -140. This moneyline is directly connected to the spread of 2.5. With the moneyline, a club that’s posted on the plus side shows how much you’ll win when wagering $100 and when a team is listed in the negative that tells you how much you must bet to win $100. In our example, you would wager $100 on Duke (+120) to win $120 and $140 on North Carolina (-140) to win $100.
Below is a list of the corresponding point spreads as they relate to the moneyline, ranging from -2 to -10.
Point Spread | Money Line |
-1 | -120/+100 |
-2 | -130/+110 |
-2.5 | -140/+120 |
-3 | -155/+135 |
-3.5 | -175/+155 |
-4 | -200/+170 |
-4.5 | -220/+180 |
-5/-5.5 | -240/+190 |
-6 | -270/+210 |
-6.5 | -300/+220 |
-7 | -330/+250 |
-7.5/-8/-8.5 | -360/+280 |
-9/-9.5 | -400/+300 |
-10 | -450/+325 |
With college basketball odds the last number you will see, which is posted to the right, is the over/under. As it is with the spread, they may not be expressed as a whole number. The over/under represents the total number of points that may be scored in the game. Your wager is either on the over or the under.
In the Duke/North Carolina contest, the total would be around 152.5. If the sum of the points scored by both teams is 153 or higher, the over wins and if it is 152 or lower, then the under wins. As it is with the point spread, this number comes from handicappers working on and assessing matchups, stats, coaches and player performance.
Once odds are posted for a game, sports bettors need to decide quickly, based on research, which bets they are going to take. Early college basketball odds tend to be soft and offer more leeway than adjusted odds, which get tighter as game time gets closer. The elements discussed in this article are all common in NCAA Basketball odds listings. Know how to read each part in order to make smart and timely bets.
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.
Explaining Super Bowl 55 Point Spreads
Kansas City Chiefs -3.0
Tampa Bay Buccaneers -3.0
Looking at this point spread for Super Bowl 55, the Chiefs are seen as the favorites by three points. What this means is that the Chiefs would have to win the game by three or more points in order to cash out bettors who bet on the Chiefs. On the Buccaneers side, they would either have to win outright or lose the game by less than three points in order to pay out their spread bettors.
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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?
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.
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.
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!
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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
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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.
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
Sports Odds Website
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.
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.