How They Work
It’s inevitable in basketball and sports which in every game one team is going to be better than another. Betting would be a little useless if you could make the exact same bet on every team. Everyone would just always bet the better team, and the sportsbook would immediately be out of money and have to close up shop. What point spread bets attempt to perform would be even the playing area and offer stakes with the identical risk level on both sides of the coin. They efficiently aim to make a 50/50 even playing area.
The method by which the sportsbook does this is by simply placing out a betting line that is based on how many things they think the better team is going to win by. This is a lot like how our elderly siblings would”place us” a few points when we played with each other in basketball as kids. For instance, let’s say that Florida Gators are playing the Arkansas Razorbacks. Let us also say that Florida is the better team as well as the sportsbook thinks they are going to win the match by seven points. They can’t just let everybody bet calmly, or everybody would wager Florida and clean them out. Enter the point spread. The sportsbook would set the point spread on this match at -7 for Florida to win. The negative sign before the number suggests that this team is the favorite to win. This means that in case you would like to wager on Florida, they have to win by over 7 points for you to win your wager.
Gators v Razorbacks
Point Spread Florida Gators-7 Arkansas Razorback+7
Here are the Probable outcomes if you bet on Florida in -7:
If Florida wins by fewer than 7 points, then you lose your wager
If Florida wins by 8 or more points, you win your bet
If Florida wins by 7 points, your wager is a push (tie)
If Florida loses, you lose your bet
A good deal of times you may see the point spread place in a half point (-6.5 or -7.5 in this case ) to eliminate any pushes.
Since you could already be supposing, adjustments are made if you want to bet about the Razorbacks. The point spread for the Razorbacks would be set at +7. It will always be the opposite of another team. As the negative sign represents the favorite, the plus sign here signifies the underdog. In the event that you should bet about the Razorbacks, they could still still shed, and you win your wager.
Here are the possible outcomes if you bet in +7 on Arkansas:
If Arkansas falls by 6 or fewer points, you win your bet
You win your wager if Arkansas falls by 8 or more points
If Arkansas loses by 7 points, your wager is a push (tie)
If Arkansas wins, you win your bet
Read more here: http://ledshtech.com/?p=32814