Wager Mage
Photo: Jill Burrow
A point spread is dictated by a sportsbook that determines by how many points the favorite is expected to win the game. Bettors can then wager on whether the favorite “covers” that point spread; if they bet on the favorite to win a game, then the favorite must win by more than the point spread.
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Read More »“The point spread is the perceived margin between two teams on the scoreboard,” says Jason Logan, a senior industry analyst at Covers.com, a sports betting information website. “Everyone knows that the top team in a league [will likely] beat the worst team, but the question is, by how much? That’s where the spread comes into play.” It’s also important to note that the sportsbooks can change the spread up until game time, depending on certain factors, Logan says. If a star player has an injury, or if adverse weather conditions are anticipated on game day, for example, then it may change the outlook of the game, and the sportsbooks could adjust the line accordingly. Betting the spread is perhaps the most popular wager in sports, says Harris, because it offers a better potential return on their wager compared with other bets, like betting “the total,” or making a moneyline bet. It also allows bettors to wager on a slight underdog, especially if they think it’ll be a close game. If you or someone you know has a gambling problem, call the National Problem Gambling Helpline at 1-800-522-4700, or visit ncpgambling.org/chat to chat with a helpline specialist.
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Read More »The term “vigorish” (often called the vig or juice) refers to the fee that a sportsbook charges for taking a wager from a bettor. It’s usually charged as a commission on winning bets and is one of the primary ways that sportsbooks make a profit.
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