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This means that if the favorite team wins an event with the point spread taken into account or that the underdog team wins with additional points, they have covered the spread. If the Packers win that game by more than 7 points, they have covered the spread.
If the favorite wins by more than the minimum margin of victory, they are said to have “covered the spread” and those who bet on them will win money. People who bet on the other team (known as the “underdog”) can win their bet in two ways: 1) They win if the underdog wins.
How To Read The Point Spread. ... A handicap of the point spread value is given to the favorite team, so bettors can choose sides at equal odds. Cover the spread means that a favorite wins an event with the handicap taken into account or the underdog wins with additional points.
You may have heard the term covering the spread or the phrase betting against the spread. This means that if the favorite team wins an event with the point spread taken into account or that the underdog team wins with additional points, they have covered the spread.
Starting in Week 7, NFL favorites have gone 54-24-7 against the spread, covering at least 60 percent of the games in each week. This 69 percent overall cover rate is an anomaly: According to Bet Labs, NFL favorites have covered the spread in just 49.9 percent of all games since 2003.
Suggested clip Sports Betting: How to Read Point Spreads — YouTubeYouTubeStart of suggested client of suggested clip Sports Betting: How to Read Point Spreads — YouTube
The illest of the teams playing in the game is called the underdog. The bettor wins if this team wins the game outright or loses by an amount smaller than the point spread. The underdog in a game is listed as being plus (+) the point spread.
Generally speaking, NFL underdogs have more value than favorites. This is due to the fact that the betting public loves betting favorites, especially winning teams, big-name teams, popular franchises and teams with star players.
A straight bet is the most common type of football bet. The point spread: When betting on football, the team you bet on must “cover the spread.” This means the team must win or not lose by a predetermined margin of points. ... The point spread is always placed to the immediate right of the team that is favored.
An abbreviation for point spread or another term for line. The spread is the betting line or odds used to determine the parameters for wagering on either the favorite or underdog in a sporting event. Wagering on a spread is intended as a method to incentivize betting on both sides of the competition.
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