Video Summary

Sports Bettors, Get Familiar with Spread Bets!

In the world of sports betting, spread bets are a popular and straightforward way to wager on games. Essentially, a spread bet is a bet on the margin of victory between two teams. The key number in this type of bet is the “spread,” which is designated by a plus or minus sign.

The minus sign represents the favorite, who must win by more than the spread number to cover the bet. On the other hand, the plus sign is attached to the underdog, who can win the game outright or lose by less than the spread to cover the bet.

For example, if a favorite is listed at -7, they must win by 8 or more points to cover the spread. Meanwhile, the underdog at +7 can win the game outright or lose by 6 points or fewer to cover.

A unique aspect of spread bets is the possibility of a “push,” where the final score matches the spread exactly. In this case, the bettor gets their money back, without a win or loss. Spread bets are an easy and exciting way to engage with sports betting, offering a range of potential outcomes and strategies for savvy bettors.