Understanding Payouts When Betting On The Point Spread. The whole nature and goal behind the point spread, is to provide an even playing field for the favorite and the underdog. Obviously not every team is equal, so the point spread adjusts this. As a result, the payouts that are generally seen around a point spread is right around Even.
How to play Point Spread. Pick teams and predict whether they will cover or beat the spread. Select to play 2 to 12 events. Mark your picks "H" or "V" (for Home or Visiting Team). Enter the wager amount ($2-$100). Prizes are awarded for correct selections based on the payout table below.
Point Spread Payout Explained. Now that we know how the point spread works, let’s figure out how much money you’ll win (or lose.) When you bet on the spread of a game, you’ll see another ...
Typically, a point spread has odds of -110 for either side of the bet. In the example above between the Cowboys and Giants, the point spread is 4.5 points, while the odds are -110, meaning you would have to wager $110 to earn a profit of $100, or a profit of $0.91 for every dollar you bet.
A point spread represents first the oddsmaker’s and then the betting market’s best guesses at the numerical separation between two competitors. Sometimes the spread can be as little as half a point.
Calculating Payouts From Moneyline Odds. In the United States, most bookmakers use the moneyline format to express the odds they offer for wagers. Thus, moneyline odds are also commonly referred to as American odds. They can be either a positive number or a negative number.
Point Spread. Indicates the total points both teams are expected to score. Total Points. San Francisco 49ers-The 49ers need to win by more than 4 points-4-110.
The Chiefs are listed at 6/1 odds (Bet $100 to win $600), while the defending champion Buccaneers are the third-betting choice at 10/1. In between Kansas City and Tampa Bay are the Green Bay Packers, who are currently at 9/1 odds. Here is a quick reference on Super Bowl odds for the upcoming 2021 NFL season.