So, if you bet on Toronto, they have to win by 6 points or more for the bet to be a winner. The Chicago Bulls started with +5.5, showing they’re the underdogs. In this game from April 2023, the Toronto Raptors started with -5.5 points, denoting that they’re the favorites for the game. How Does Spread Betting Work?Įxamples are often best when you’re looking to have spread betting explained, so we’ve made up a couple for you below.Įxample #1: Chicago Bulls vs Toronto Raptors Get great odds for spread betting at BetOnline. In three-way betting, it will be a whole number. 5, so that there’s no possibility of a draw. If you bet on a two-way market, you’re likely to find the point spread ending in. Two-way only allows you to bet on one of two teams, while three-way adds in the tie. You’ll find both two-way and three-way spreads at many sportsbooks. This means that the Heat are the favorites to win the game.

You can bet on the favorites, who will have points deducted, or the underdogs, who will have points added to their score.įor example, in the game above, the Rockets start with +4.5 points, while the Magic start with -4.5. The point spread represents the number of points or goals the online sportsbook believes the favorites will win by.

Spread betting is a way to even the odds, making what could be one-sided affairs into competitive fixtures. We’ll look at how to bet the spread, where you’ll find the best sportsbooks for the popular wager, and more. On this page, you’ll find spread betting explained. By giving one team or player an advantage from the outset, it’s possible to even up the most lop-sided of encounters, making for an entertaining betting experience. Spread betting is one of the most popular ways to bet on sports, including football, soccer, and basketball.

What does 3.5 mean in gambling