So, let’s take a quick look at what exactly is the point spread. When betting on a point spread, you are not directly betting on a team or a player to win but rather on the margin of their victory. Just before you start googling what exactly the point spread is, let us calm you down. It is pretty much the same as a handicap (the term you might be much more familiar with). If you would like to check out some of our sports betting guides about the types of handicaps (Asian Handicap & European Handicap) and how to start betting on them, please click here to visit our sports betting guide library.
Back to the point spread, you can usually see two types of the point spread in your online bookmaker’s sportsbook offer. They usually come with a negative sign «-» to describe a favourite, and the positive sign «+» to describe the underdog. Before we move on further, please take a look at the example of the point spread for a random NFL game from one of the top online bookmakers, William Hill, down below.
As you can see, it is the NFL game Between New Orleans Saints and Seattle Seahawks. Looking at the very first spread line, we can tell right away that the Seahawks are 11.5-points favourite over the Saints. In other words, the -11.5 spread means that Seattle must win by at least 12 points for such wagers to come in. On the other side of the market, we have our underdog, which in this particular case is New Orleans. Using the same point spread line example, we see the Saints listed as an 11.5-points underdog (+11.5). That means the home team should either win the game or lose by 1-11 points in order for the bet to win.
What about the draw, you would ask? Well, if you have a «fractional-looking» point spread, which in other words is (Asian Handicap), you simply do not include the draw outcome in your betting. Well, not exactly. Think about it this way. You cannot possibly get half a score in an NFL game, right? So if your point spread is 2.5, 3.5, 10.5, or 20.5, and your backed team (assuming you are betting on the favourite) only wins by 2, 3, 10, or 20, respectively, they would simply not cover the given point spread and, thus, you will lose your bet.
Luckily, there are also «whole number» point spreads (or, in other words, European Handicaps). Those spreads do not differ from the fractional type ones in any way, except for one thing. In the case of «whole number» spreads, you get lines like 8, 12, 21, etc. Thus, if the favourite wins exactly by the respective number of points, your wager will end up in a draw, which subsequently means a void.
Hopefully, it is now clear for you. However, let us point out a couple of things before we move on. When you start betting on point spreads, you will most likely come across the phrase «covering the spread». It is nothing else but a way to say that your team won by the number of points needed for your point spread bet to win. The same would go for the underdog team, if they lost by fewer points than the point spread states or won the game, they covered the spread.
Another useful term you most likely will come across is «ATS». ATS stands for «against the spread». Sometimes you will see ATS and some numbers next to it. This tells you the record of the team/player covering the spread (something like wins & losses but based on the spread).
Looks like you are all set to move on now.