In sports betting, the “spread” is a crucial concept to understand. It refers to the point difference set by bookmakers to level the playing field between two teams or players. This ensures balanced bets and exciting wagering opportunities. Here’s what you need to know:
- Definition: The spread is the predicted margin of victory. For instance, if Team A is favored by 7 points (-7), they must win by more than this for a bet on them to pay out.
- Purpose: Spreads create betting equality, making games more competitive for bettors and encouraging action on both sides.
- Types: Commonly seen in football and basketball, but applicable across various sports.
