In the realm of sports betting, the term “spread” often arises, particularly in games like football and basketball. Spread betting, also known as line betting, focuses not just on which team wins, but by how much.
- Definition: The spread is a handicap towards the favored team to level the playing field.
- Example: If the spread is -5.5 points, the favored team must win by 6 points or more to cover the spread.
- Payouts: Bets typically pay out at approximately -110 odds, meaning a $110 bet wins $100.
- Importance: Understanding the spread can significantly enhance your betting strategy and potential returns.