This estimated margin outcome is referred to as the ‘spread ‘, which is where the term spread betting comes from. A spread bet is only available for events where there are two possible outcomes, such as a game of NBA basketball, where there are no draws. A typical spread will look something like this: Chicago -8.0 @ Philadelphia +8.0
The point spread is commonly known as just the “spread,” and is the number chosen by sportsbooks that they believe will encourage an equal number of people to wager on the underdog and the favorite. With NBA spreads, the negative value (-7.5) means the team is favored by 7.5 points. The positive value with NBA spreads (+7.5) indicates the lead given to the underdog before the game begins.
The spreads or totals can either be two teams, two over/under totals, or a combination of the two. On top of that, both must win in order to collect a profit. Example: Seattle –5. Portland +5. New Jersey –12.5. New York +12.5. Tommy wants to wager on Seattle and New York. In a teaser, he’s awarded 4 points to use on each team, making Seattle a -1 point spread favorite and New York a +16.5 point spread underdog.
If you think the Heat will win, or lose by 2 points or less, then your spread bet would be Miami +2.5 at -110 odds. A $100 wager would also return $190 – your initial stake in the bet, plus $90 profit. It’s important to note that you do not have to wager $100 when NBA point spread betting online. The choice is yours.
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Like most major sports, there are endless ways to wager on basketball, but the most popular forms of basketball betting are the moneyline, point spread, and Over/Under totals. Betting basketball ...
While betting against the point spread or on totals make up the vast majority of basketball wagers, bettors also have several other betting options available to them. One is the money line wager, which is a bet on the winner of the game without the point spread. But because some teams are given a better than 50-percent chance of winning, money line wagers are made using odds, so that if you bet on the team expected to win you will be asked to risk considerably more than you stand to win.