What Is a Point Spread?
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Definition
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A point spread is basically an adjustment to the final score of a sports game, decided upon by the bookies of a given sports-betting website. For you to win the bet, the team you bet on must win the game by at least one point more than the spread. Lopsided games will have a larger spread than even match-ups.
Reasoning
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The reasoning behind a point spread is simple. A point spread makes it more attractive for potential bettors to bet on the underdog. For example, let's say the previous year's Superbowl champion is about to play a team that hasn't won a game in two years. Point spreads make it much easier to place money on the losing team.
Example
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The point spread for a Lions vs. Steelers match-up might look something like this: Detroit Lions +15, Pittsburgh Steelers -15. Those are the adjustments made to the final score of the game. So if the final game score is 24-17, Steelers over Lions, the Steelers have failed to make up for the 15 point spread, winning the game by only 7 points, and people who bet on the Lions would win. "ATS" means "against the spread," and in this example, the Steelers are 15 points ATS.
Payout
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Typically, a point spread will be followed by a number in parentheses, indicating the payout odds. For example, if this number were -65, you'd have to bet 65 dollars to win the cash purse plus your original bet. Higher numbers indicate the safer bet, and betting for the opposite team will generally award a higher payout.
Considerations
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As with any type of gambling, your odds of winning increase if you have a strong knowledge of what you're betting on. Sports betting can be addictive, and you should always remember to bet no more than what you can afford to lose.
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