Point Spread Nfl Explained
- Point Spread Nfl Explained Picks
- Point Spread Nfl Explained Chart
- Point Spread Nfl Explained Over Under
NFL spreads are most commonly between one point and four, with six being a heavy favorite and extremes coming out around 15-20 point favors. (For those wondering, the 1941 Chicago Bears hold the NFL record of point differential at +15.7 points per game. Conversely, Ohio State had a +33.1 average point differential in 2019.). The point spread is a number aka the “betting line” set by bookmakers at the sportsbook which is intended to even the playing field between two teams and give a.
What is a Point Spread or Side Bet?
A point spread is used in sports betting to even the odds between two unevenly matched teams. Each team is given a point total by the oddsmaker that can either be added or subtracted to the final score, thus factoring into if the bet was won or lost.
Example:
The point spread for Super Bowl XLI was:
Colts –7
Bears +7
The (-) before the 7 indicates that the Colts were the point spread favorites. The (+) indicates that the Bears were the point spread underdogs.
If one were to bet on the Colts, the Colts would have to win by a total of 8 points for the bettor to win. If one were to bet on the Bears, the Bears would have to win outright or lose by no less than 6 points for the bettor to win. A 7 point victory by the Colts would equal a push or tie.
Point Spread Nfl Explained Picks
Point Spread Nfl Explained Chart
In the NFL the best team will win the vast majority of the games. Spread betting is the most popular NFL betting option because spread betting handicaps the favourite team, which puts both teams on a more even playing field. This allows wagers on favourites to cover the spread to payout much more than money lines and also allows wagers on underdogs to have an equal chance of winning. NFL spread betting is very easy to understand and this page will explain it in detail.
In NFL spread betting the oddsmakers set a number of points that one team is favoured by in the game. This is also known as the games handicap. For a wager on the favourite to payout the favoured team must win the game by more points than the spread amount. This is known as covering the spread. For a wager on the underdog to win, the team must either win the game straight up or lose be fewer points than the spread. This is known as beating the spread. For example, if a team is favoured by 7 points, then the favourite must win by more than a touchdown to cover the spread and the underdog must either win, or lose by less than a touchdown in order to beat the spread.
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NFL Spread Betting Example
Oakland Raiders +10 (-110)
Denver Broncos -10 (-110)
In this example, the Denver Broncos are 10 point favourites over the Oakland Raiders. The (-) sign beside the spread amount indicates the favourite because they are essentially having 10 points taken away from them, while the (+) sign indicates the underdog because they are basically having 10 points added to their score.
In this example a wager on the Broncos will payout if they win by more than 10 points, while a wager on the Raiders will payout if they lose by fewer than 10 points or if they pull of the big upset and win the game outright.
Other NFL Spread Betting Information
The most common odds associated with each side of a spread bet are (-110), which means that a $110 bet would win $100. That being said it is possible for the odds to vary slightly if the spread doesn’t perfectly handicap a game. Here is an example:
Green Bay Packers -3 (-120)
Minnesota Vikings +3 (+100)
Point Spread Nfl Explained Over Under
In this case the oddsmakers feel that it is more likely that the Packers will cover the 3 point spread than it is that the Vikings will beat it. In this case a $120 wager on the Packers covering the spread wins $100, while a $100 wager on the Vikings beating the spread also pays out $100.
In the two examples given in this article the spreads are whole numbers. If the game finishes with the favourite winning by exactly the spread amount then the bet is pushed and the wager is refunded. It is also possible for spreads to include half points (eg. 3.5, 7.5, etc), in which case it would not be possible for the bet to push.