Congratulations, if you are learning about points spread betting then you’ve reached the next level of sports betting!
This form of betting, which began in the Asian betting markets, took soccer betting by storm almost a decade ago. The concept simply gives a team a goal handicap at the beginning of the match.
This form of betting can be useful if one team is a strong favorite and is expected to win by more than one goal.
When this is the case, the value in an outright winner bet won’t bring you that much in return.
Let’s look at the following example from the Premier League:
Man City are playing Newcastle at home. They are clear favourites for the game. De Bruyne, Aguero and Sterling have been on fire recently and you think they’ll thrash Newcastle on game day. The juice for a Man City win doesn’t bring you that much value. This is the perfect occasion for a points spread.
Your sportsbook is offering -100 Man City for a -1.5 points spread
The best way to understand this concept is to think of Man City starting the match with -1.5 goals whilst Newcastle start with 0 goals. This means that Man City need to win by two goals or more, for this to count as a win.
You place a $10 bet on Man City -1.5 goals.
There can be two potential outcomes to this bet:
- Man City win by two goals or more. You get your $10 wager back + $10 in winnings. Total $20.
- Man City win by one goal, the math ends as a draw or Newcastle win. Your Sportsbook wins.
Point Spreads are not always available. If it is a big match, like the Champions League final, a World Cup game or something similar, you are almost guaranteed that point spreads will be offered. Otherwise, it will depend on your sportsbook. You can bank on the majority of reputable sportsbooks offering points spread on most games.