what does it mean when you cover the spread

This is also where gamblers can become very frustrated especially in situations like this. A cover is a term used to denote when a favorite wins by more than the spread value of points.

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Most commonly you will talk of your record against the spread which means the number of games you have bet in which the team you bet on covered the spread compared to the games in which the team.

. In this scenario the Chiefs won by more than 7 points meaning they covered the spread. This SI Gambling 101 feature explains what it. Cover the Spread with Tipico.

If the Cardinals win or lose by 10 or less that side wins the bet. The spread is the spread regardless of sport. The oddsmakers list the Patriots as 7-point favorites.

For example lets say the the New England Patriots are playing the New York Jets. What makes point spreads so much fun for gamblers is that the team you select does not actually have to win the game. Spread betting has been a major growth.

This means they needed to win by two or more points to cover the spread. The critical factor to betting a point spread is how much a team wins or loses by. However the spread is factored into the real score to determine who wins the bet.

For a favorite to cover it has to win by more than the spread. In short its the number of points by which the oddsmakers think the favored team will win. Depending on if you bet the favorite or underdog covering the spread could mean winning by a certain margin or losing by less than a specific number.

NBA and NFL are 2 of the most popular sports to bet because. If you want to bet the Colts on the spread it would mean. May 14 2020.

When it comes to the point spread the team that has the minus sign is laying points and is always the favorite. Spread betting is a type of betting in which a bookmaker will handicaps a match-up by setting a margin for each team which essentially makes the game equal. The -3 points is the spread.

Purchasing an option to expire in October and selling an option on the same asset expiring three months earlier is one example of a spread. This means that as long as the Raiders either win outright or lose by four three two or one point they will cover the spread. Simply put covering the spread is the goal of every bettor who has placed a point spread bet.

If a wager is placed on New England laying the 9½ points the Patriots need to win the game by 10 or more points for that bet to pay off. If New England wins 28-20 those betting on the Jets plus 9½ points points added to their final total win. All they must do for you to win your bet is cover the spread which means they are within the number that is posted.

For example the Colts are a -3 point favorite against the Texans. If the betting line changes it does not affect your bet. An underdog covers by winning outright or.

Verb to open or expand over a larger area. Your bet all depends on whichever spread you bet on whether it was when the Eagles were favored by 45 or 35 points. How to Know If a Team Has Covered the Spread.

If the favorite or underdog fits this criteria that is considered a cover meaning they covered the spread and won the bet. People continued to show a bias toward picking favorites to cover the spread even when points were added to the spread dropping the favorites odds below 50 percent. Its what oddsmakers come up with to determine the winner and margin of victory of a game.

How does point spread work in betting. To stretch out. The betting result on a point-spread wager.

With careful observation you can figure out when you think youre wrong making money and having fun in the process. A position taken in two or more options or futures contracts to profit through a change in the relative price relationships. Spread betting is any of various types of wagering on the outcome of an event where the pay-off is based on the accuracy of the wager rather than a simple win or lose outcome such as fixed-odds betting or parimutuel betting.

Even explicitly telling. That means oddsmakers such as Avello expect the Chiefs to win the game by around that number. Say the Chiefs beat the Bengals this Sunday by the score of 28-20.

The spread also referred to as the line is used to even the odds between two unevenly matched teams. The 49ers have to win by 12 or more points to cover the spread. In sports betting to cover the spread means that a team has beaten the point spread devised by a sportsbook.

If an NBA team is favored by 145 they must win by 15 or more to cover the spread. If theyre 150 that means you could bet. A point spread is a range of outcomes and the bet is whether the outcome will be above or below the spread.

When a team has a point spread with a minus sign - it indicates that the team must win the game by a greater number of points than what is indicated in the spread. So what does it mean to cover the spread The spread is the difference in points between the two teams when the game is over. They could have lost by 1 point.

San Francisco was a 15-point underdog. The weaker team or underdog would have a spread of 65 which means it. On the other hand the team that has the plus sign and is getting points is the underdog.

This means to cover the spread and win the bet that team must win by more than six points. Bookmakers set a spread with the hopes of getting equal action on both sides of a game.

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