What does “covering the spread” mean in sports betting?|横浜中華街、新宿で当たると評判の人気占いなら天の命の開運占館。


What does “covering the spread” mean in sports betting?




Occasionally when one group is stronger than another, too many people would bet on the exact same team if the choice were just to select who wins. This is a large problem for sports books (the companies where people place sports bets), because ideally some of the cash of those losing bets is used to pay the winners. The sport books can take big losses if there are too many bets on the exact same team. To even things out, frequently a”spread bet” is provided at which the margin of victory in the sport is used to ascertain who wins the stakes.

The sport book will offer a”lineup” for the sport which suggests a minimal margin of success for your favorite (the team more individuals think will win). This minimum margin of success for the favorite is called the spread.

If the favorite wins by more than the minimal margin of success, they are said to have”covered the spread” and those who wager on them will win money.

People who bet on the other group (Called the”underdog”) can acquire their wager in two ways:

1) They win if the underdog wins.
2) They win if the underdog loses, however, the margin of victory is less than the spread.

Be aware that covering the spread is only required for favorite, not the underdog.

If the favorite wins by precisely the spread amount, the bets are cancelled and everybody gets their money back. This isn’t a good result for the sports publication, so they will often make this bet impossible by providing a spread with a fraction. The fraction is nicknamed”the hook”

Spreads are expressed as a number following among the teams. A negative number indicates the team is your preferred. A positive number indicated the team is the underdog. For example a slip line like this:


. . .would mean that the Oakland Raiders are 13.5-point underdogs. If the other team won by 14 points or more, those betting on the Raiders will lose their money and those gambling on the other team would win cash.

When the Oakland Raiders dropped by 13 points or less. Those betting on the Oakland Raiders would acquire cash. If the Oakland Raiders actually win the match by a single point, the betting slip would nevertheless be a winner, but the fan will likely have a heart attack from joy and surprise, which could make it tricky to collect their winnings.
Read more: f1radical.com

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