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What is Point Spread Betting? Why Does It Usually Have a .5 at the End?

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October 30, 2024
master how win with point spread betting

Point spread betting is one of the most popular forms of sports wagering, especially in the NBA, NFL, and college football. Unlike moneyline bets, where you simply pick a winner, point spread betting levels the playing field by assigning a margin of victory that the favored team must win by.

The sportsbook sets a spread, which is the number of points a team is expected to win or lose by. Bettors then wager on whether the favorite will win by more than that margin or if the underdog will keep the game closer than expected.

For example, an NBA point spread today might look like this:

  • Los Angeles Lakers -6.5
  • Golden State Warriors +6.5

If you bet on the Lakers (-6.5), they must win by at least 7 points for your bet to cash.
If you bet on the Warriors (+6.5), they must either win outright or lose by 6 points or fewer for your bet to win.

The “.5” in the spread (called a hook) prevents ties (pushes). A spread of exactly 6 could result in a push, where all bets are refunded, so sportsbooks use half-points to ensure a decision.

Plusses and Minuses

Point spreads come with either a plus (+) or minus (-) sign:

  • Minus (-): The favorite must win by more than the spread number.
  • Plus (+): The underdog can either win outright or lose by fewer than the spread number.

Example for an NFL point spread:

  • Kansas City Chiefs -7.5 - Chiefs must win by 8 or more points.
  • Buffalo Bills +7.5 - Bills must win or lose by 7 or fewer points.

Understanding these signs is key when making informed NBA point spread predictions or betting on football point spreads.

How Do Point Spreads Work?

Point spreads are designed to make both teams equally attractive to bet on, even if one team is much stronger. Oddsmakers adjust the spread based on factors like:

  • Team performance and injuries
  • Head-to-head matchups
  • Home-court or home-field advantage
  • Public betting trends

For example, a game might open with a spread of -5, but if too many people bet on the favorite, sportsbooks may adjust it to -6 or -6.5 to encourage more bets on the underdog.

Example

If an NBA point spread today is:

  • Boston Celtics -4
  • Miami Heat +4

A bet on Boston (-4) means they must win by 5 or more points.
A bet on Miami (+4) means they must lose by 3 or fewer, or win outright.
If Boston wins by exactly 4, it’s a push, and bets are refunded.

What Are Those -110 Numbers Next to the Point Spread?

When you see -110 or a similar number next to a spread, that represents the odds for the bet. -110 odds mean you must wager  110 to win  100.

These odds include the sportsbook’s vig the fee they take for facilitating bets. Sometimes, these numbers change based on how much money is being bet on each side.

Why Are Some Odds Different?

  • If too much money is on one side, sportsbooks adjust the spread or odds to balance action.
  • A line might move from -110 to -120, meaning you must now bet  120 to win  100.
  • If odds shift to +100 or better, the bet pays out more than your wagered amount.

How Do I Make a Spread Bet?

Placing a bet is easy, especially on platforms like OKBet

Step 1: Choose a Game

Check NBA point spread predictions or NFL point spreads and find a game with an attractive line.

Step 2: Select Your Bet

  • Bet on the favorite (-) if you think they’ll win by more than the spread.
  • Bet on the underdog (+) if you think they’ll win or lose by less than the spread.

Step 3: Enter Your Wager & Confirm

Decide how much you want to risk and place the bet. Most sportsbooks show potential payouts before you confirm.

How Are Point Spreads Calculated?

Oddsmakers set spreads based on:

  • Team stats and recent performance
  • Injuries and roster changes
  • Weather conditions (for football games)
  • Public betting trends

Sportsbooks adjust the spread as betting action comes in, ensuring they have equal money on both sides to limit their risk.

What Does Covering the Spread Mean?

A team covers the spread if they meet the betting expectation:

  • Favorites cover by winning by more than the spread.
  • Underdogs cover by winning outright or losing within the spread.

Example: If the Dallas Cowboys are -6 and they win 30-20, they cover the spread because they won by 10 (more than 6).

Strategies to Win Point Spread Betting

1. Shop for the Best Line

Different sportsbooks have slightly different spreads. Use OKbet.com and compare lines to find the best value.

2. Study Team Trends & Injuries

Teams with key players missing may struggle to cover the spread. Always check injury reports before betting.

3. Look for Reverse Line Movement

If most bettors are taking one side but the line moves the other way, it signals sharp money is on the opposite side.

4. Consider Home vs. Away Performance

Some teams perform significantly better at home. Look at home/road records before making a bet.

5. Bet Early or Late Depending on the Market

  • Bet early if you anticipate the spread moving in your favor.
  • Bet late if you want to see public money impact the line first.

OKBet Provides the Best Point Spread Betting Options

1. NBA Point Spread Predictions

Want to make smarter bets on NBA games? OKBet delivers accurate NBA point spread predictions, helping you analyze matchups, trends, and team performance before placing your wagers.

2. NBA Point Spread

OKBet offers the most competitive NBA point spreads, allowing you to wager on whether the favorite will cover or if the underdog will keep it close. Stay updated with the latest betting lines on all major NBA games.

3. NFL Point Spread

Football fans can enjoy NFL point spread betting with OKBet’s expertly calculated spreads. Whether it's a regular-season game or the Super Bowl, OKBet provides up-to-date NFL point spreads for the most exciting matchups.

4. Football Point Spread

Beyond the NFL, OKBet covers football and international football point spreads in league like Premier League, La Liga, and Champions League, giving bettors a wide range of options across different leagues and tournaments.

5. Other Sports Games

Looking for today’s best betting opportunities? OKBet updates its Other Sports games section daily, ensuring you have access to the most current lines, odds, and expert insights.

OKBet: The Best Sports Betting Platform

Betting is a great way to add excitement and skill to sports wagering. Whether you're making NBA predictions or betting on an NFL point spread, understanding how spreads work and using smart strategies can give you an edge.

Are you looking for a trusted and reliable sports betting platform that offers NBA point spreads, NFL point spreads, and expert betting predictions? Look no further than OKBet, the ultimate destination for sports enthusiasts who want to make the most out of their bets.

Register and Win now with OKBet!

FAQs

What is point spread betting?
It’s a type of bet where the sportsbook assigns a point margin that the favorite must win by, or the underdog must stay within.

Why does a point spread have a .5?
To prevent ties (pushes) and ensure there’s always a winner.

How do sportsbooks set point?
They use stats, team performance, injuries, and betting trends to create balanced odds.

What does it mean to cover the spread?
The favorite covers by winning beyond the spread, and the underdog covers by losing within the spread or winning outright.

Are point spreads better than moneyline bets?
It depends. Moneyline bets are simpler, but offer more balanced odds.

Where can I bet on point spreads?
OKbet.com is a great platform for NBA, NFL, and other sports betting.

Disclaimer: OKBet provides betting information for entertainment purposes only. Please bet responsibly and never bet more than you can afford to lose.

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