Football Point Spread Explained

8/1/2022by admin

There are several different types of football wager you can place,
and two of them are significantly more popular than the others.
The most popular of all is the point spread wager, followed by
the totals wager. In this article, we’re focusing on the point
spread.

  1. College Football Point Spread Picks
  2. Las Vegas Nfl Football Point Spread
  1. A point spread is a number that bookmakers will place on a game. Handicappers then need to account for the spread when they are breaking down games. Point spreads are most commonly used in basketball and football, but there are equivalents used for the other major North American sports. In the NHL, it’s referred to as a puck or goal line.
  2. A point spread in sports is a way for oddsmakers to make a matchup between two unbalanced teams more balanced by giving points to or taking points away from each team.
  3. The idea behind a point spread is to bring the two teams in a match up to a more even playing field. If a team is better than the other, the points given by the favorite brings the underdog to a more even field. That is not the case on the moneyline. Simply put, you will have to risk a whole lot more money on a favorite to profit.

Before you continue reading, if you’re interested, we have put together a short video to help you better understand point spreads.

Football Odds Explained. Football odds are listed by a sportsbook for every single match played that day. The odds are a simple way to explain to the bettor how much they stand to win if their wager is successful. The expected payout and odds are based on the calculated probability of who will win the match.

If you have any interest at all in betting on football, then you
really should know how to bet the point spread effectively. It’s not
necessarily the “best” type of wager in terms of the potential for
winning money, but it’s relatively simple and does present some
profitable opportunities if you know what you’re doing.

On this page we teach you the basics of betting football point spreads. We explain how they work, and why
they’re so popular. We also explain the challenges involved in making money from them. Finally, we offer
some tips and strategy advice for placing wagers of this type.

Basketball point spread explained

Football Point Spreads: How They Work

The theory with point spreads is that a wager on either team to win a football game is as close to a 505/50
shot as possible. You’re not actually betting on which team will win the game, you’re betting on which team
will “cover the spread”. The favorite has to win by at least a certain number of points for a wager on them to
be successful, and the underdog has to lose by less than the same number of points for a wager on them to
be successful.

Another way to view it is that, for the purposes of the betting, the favorite has points deducted from their
score and the underdog has points added to their final score. The number of points varies, depending on the
gap in quality between two teams. If one team is much stronger than the other, the number of points can be
quite high (a big spread). If the two teams are more evenly matched, the number of points is low (a small
spread).

Here’s an example of a point spread that a bookmaker or betting site might offer for a football game
between the Pittsburgh Steelers and the Denver Bronco.

Broncos -6
-110

The +6 for the Steelers means that they’ll have six points effectively added to their score. They’re the
underdog here. The -6 for the Broncos means that they’ll have six points effectively deducted from their
score, as they’re the favorite. You can choose to bet on the Steelers with their points advantage, or on the
Broncos with their points deduction. The following outcomes are possible.

  • A wager on the Steelers pays out if they win the game, or lose by less than six points
  • A wager on the Steelers loses if they lose by more than six points
  • A wager on the Broncos pays out if the win the game by more than six points
  • A wager on the Broncos loses if they lose the game, or win by less than six points
  • All wagers would push (stake gets returned) if the Broncos win by exactly six points

That, in essence, is all there is to betting football point spreads. All successful wagers are paid out at the
relevant odds, which are typically -110. The odds can vary, but they’re almost always fairly close to even
money. One further thing we should mention is that spreads will often include half a point. So, for example,
you might see a team at +6.5. This makes a push impossible.

Why Football Point Spreads Are Popular

It’s difficult to say for sure why point spreads are so popular, but there are probably a number of reasons. We
suspect that the following are the most relevant for the majority of bettors.

  1. Betting on even money propositions is appealing
  2. Point spreads are very simple
  3. Point spreads make betting on “lopsided” games more interesting
  4. The perception is that it’s easy to make money from point spreads

The first reason listed here applies primarily to recreational bettors. Those who are serious about their
betting don’t really care what the odds are per se, they are primarily concerned with whether value exists or
not. And value can exist in both heavy favorites and complete outsiders in the right circumstances. For those
that bet just for fun, though, the concept of value is largely an irrelevance. They just want to know that they
have a fair chance of winning their wagers, and that’s exactly what point spreads offer. Even if you just picked
teams at random you could expect to win close to 50% of your wagers over the long run.

The second reason is also an appealing one for recreational bettors. Although most of them do want to win
money, of course, they’re not generally bothered about having to think too much about their betting. It’s all
about the fun, and so wagers that are nice and simple are ideal for them. Point spreads are an easy way to
throw a few bucks on a game, without having to put in a great deal of effort.

Making lopsided games more interesting is a clear advantage of the point spread, to all types of bettors.
Without this type of wager, there would rarely be much fun or value in betting on games where there is a
very clear favorite. Backing the favorite would offer very low odds, to the extent that it probably wouldn’t be
worth it, and the underdog would be so unlikely to win that there’d be no point in backing them either.

The final reason mentioned here is actually not a good reason to bet football point spreads at all. Many
people do believe it’s a relatively easy way to make money, but the reality is that it is not. We’ll now explain
why.

The Challenge of Football Point Spreads

Seeing as we’ve said that you have a roughly 50% chance of winning a point spread wager even if picking a
team at random, you could be forgiven for thinking that with even a little bit of knowledge you should be able
to make money from this type of wager. You may well be able to, but it’s certainly not easy. There are two
main reasons for this.

  1. Bookmakers charge vig
  2. Bookmakers are very good at what they do

If you’re not familiar with vig, please read our article on how bookmakers make money. Very briefly though,
vig is basically a commission that bookmakers charge. It’s effectively built into the odds, which is why point
spread wagers typically are at odds of around -110. You’ve got to risk $110 to win $100, which means you
have to win more than half of your wagers just to break even.

And winning more than your half of your wagers is tough, because the bookmakers are generally very
accurate when setting their lines. The spreads they publish are consistently very close to reflecting what
actually happens in games. This makes it very difficult to regularly predict which team is going to cover the
spread in a game.It’s certainly rare that you’ll see games where the outcome is obvious enough that you can
genuinely state with real confidence that one or the other team is going to cover.

Tips & Strategy Advice

There is an argument to say that there is little strategy involved in betting football point spreads these days.
This is primarily because of what we’ve outlined above, in that the lines are set so tightly by bookmakers that
football point spreads are basically coin flips. However, our view is that they can be profitable with the right
approach.

For one thing, bookmakers are not infallible. Although they’re very good at what they do, they still get it
wrong from time to time. And, even when they don’t, it’s still possible to get a high enough win percentage to
effectively “beat the vig”. It’s not easy, but it can be done.

We round off this article with some tips and strategy advice that may help you to get better results when
betting football point spreads.

Learn how to handicap football games

This advice applies to virtually any form of football betting really. If you’re going to make money, then you
need to need to understand what’s involved in handicapping football games.A lot of bettors don’t bother to
learn about handicapping, often simply because they believe it’s really complicated. It’s not. There are some
complicated aspects to it, yes, but the fundamental concept is relatively straightforward.

In fact, there’s a very good chance that you’re already handicapping games without even realizing it.
Handicapping doesn’t have to involve using amazingly advanced scientific systems, it can be as simple as
taking into account a few factors that are likely to affect the outcome of a game and then working out where
the value lies. There’s obviously a bit more to it than that, but that’s basically what it’s about.

Recommended Reading

Please take the time to read our article explaining how to handicap football. We can almost guarantee
that it will teach you at least some aspects of football betting that you’re not aware of.

College Football Point Spread Picks

Ignore a team’s ATS record

Statistics can be very valuable when betting football spreads. There are certain statistics in particular that
canreally help you compare two teams and make informed judgements about how they are likely to perform
against each other. However, there are other stats that are relatively useless. This doesn’t stop some bettors
relying on them though.

One such stat is a team’s ATS (against the spread) record. This basically refers to a team’s performance
against the lines set by the bookmakers, rather than their actual results. Let’s look at some hypothetical data
to explain this further. Here’s a team’s results of the first six games of the regular season, along with their
spread for each of those games.

Game NumberWin/Loss MarginSpread
1Lost by 1 point-3
2Won by 5 points-6
3Won by 12 points-7
4Won by 3 points-3
5Lost by 3 points-3
6Won by 3 points-4

In the first game, the team was -3 on the spread, so technically “should” have won by three points. It lost, so
it failed to cover the spread. It won the next game, but only by five points when it was -6 on the spread. So,
again, it failed to cover the spread. In the following game it won by 12 when -7 on the spread, so it did cover
the spread here. In the following three games it failed to cover the spread again, despite winning two of them.

Now, a lot of bettors would read a lot into this. The team has only covered the spread once in six games,
despite a record of 4-2 on the field. The seemingly obvious conclusion here is that backing this team on the
spread is a bad idea. This is not necessarily true though, for one simple reason.

Football point spread explained

That’s right. The ATS data for a team is one of those instances where the numbers really do lie. The fact that
a team has been failing to cover the spread for the majority of its games means absolutely nothing in terms
of how likely it is cover to the spread in the future.

You’ll hear advice contrary to this, but please ignore it. Relying on ATS data to make future predictions is a
big mistake.

Don’t bet on every game

There is pretty much a 0% chance that you’ll be able to maintain a good win rate if you bet the spreads on
every single football game. Being selective is absolutely vital if you want to win consistently. The more games
you bet on, the harder you’ll find it to maintain a high enough win percentage. And your win percentage is
everything when it comes to betting football spreads. As we’ve already stated, you’ll mostly be betting at
around -110 and will need to win above 50% of your picks just to overcome the vig.

Successful point spread betting is a marathon, not a sprint.

Trying to win a ton of bets each and every week is a recipe for failure. You need to be patient and wait for
the right opportunities. Unless you are an absolute genius (in which case you don’t need our help anyway),
at best you’ll find just a handful of games where there’s a good reason to bet the spread. There will likely be
some weeks where there are no good spots at all, and there’s absolutely nothing wrong with saving your
money and waiting for better opportunities.

There are certain types of games that you should generally try to avoid too. These are as follows.

  • Games between very closely matched opponents
  • Games involving “hyped” teams or especially popular teams
  • Games with double digit spreads (i.e. a spread of 10 or more)

Please note that we’re not saying you should NEVER bet the spread in games falling into the above
categories. Just be cautious of them. Games between very closely matched opponents are notoriously difficult
to predict, and games involving hyped or popular teams often have very misleading lines. Games with
double digit spreads are risky because there’s always a chance that the favorite will coast through a game
once they’ve all but secured the win. They may be easily capable of winning by ten or more points, but that
doesn’t mean they’re going to give it their all to do so.

Think outside the NFL

Many bettors focus solely on the NFL, and this is basically making things a lot harder than they need to be.
Finding value on NFL games is very difficult, due to the tight lines mentioned earlier, and when there is value
it doesn’t tend to last very long. This is because there are so many people looking for the right spots. As soon
as a bookmaker or betting publishes an attractive line, sharp bettors will be on it almost immediately. The
line will then be moved accordingly, and the value will disappear.

There is regularly more value to be had in college football and even the Canadian Football League, as the
bookmakers are not generally quite as expert on those games. This means there’s more opportunities to
find good spots. The fact that there are less people betting also means that those good spots don’t tend to
disappear quite so quickly.

Please note that we’re not saying it’s easy to win money betting on college football and the CFL. We’re just
saying that there’s certainly an argument that it’s not as hard as the NFL. You’ll need to make sure you know
as much as possible about the relevant teams and players though. That’s where you can potentially gain an
edge over the bookmakers.

Consider betting teasers

Football point spread explained week 9

Many bettors focus solely on the NFL, and this is basically making things a lot harder than they need to be.
Finding value on NFL games is very difficult, due to the tight lines mentioned earlier, and when there is value
it doesn’t tend to last very long. This is because there are so many people looking for the right spots. As soon
as a bookmaker or betting publishes an attractive line, sharp bettors will be on it almost immediately. The
line will then be moved accordingly, and the value will disappear.

There is regularly more value to be had in college football and even the Canadian Football League, as the
bookmakers are not generally quite as expert on those games. This means there’s more opportunities to
find good spots. The fact that there are less people betting also means that those good spots don’t tend to
disappear quite so quickly.

Further Information

You can find more detailed strategy advice for this type of wager in our articles on NFL teasers and college
football teasers.

Shop around

Many bettors focus solely on the NFL, and this is basically making things a lot harder than they need to be.
Finding value on NFL games is very difficult, due to the tight lines mentioned earlier, and when there is value
it doesn’t tend to last very long. This is because there are so many people looking for the right spots. As soon
as a bookmaker or betting publishes an attractive line, sharp bettors will be on it almost immediately. The
line will then be moved accordingly, and the value will disappear.

There is regularly more value to be had in college football and even the Canadian Football League, as the
bookmakers are not generally quite as expert on those games. This means there’s more opportunities to
find good spots. The fact that there are less people betting also means that those good spots don’t tend to
disappear quite so quickly.

Point spread betting is the most popular form of sports betting. The vast majority of sports wagers use a point spread thanks to the popularity of football and basketball. Even though this type of betting is so popular, it may take awhile to understand.

The point spread is sometimes known as an equalizer for sportsbook operators. All teams aren’t created equally, so sportsbooks can create a point spread for a game so that each team playing has an almost even chance of winning the game. In a way, the point spread will even the field for both teams.

The point spread gives a reason for bettors to risk money on both teams. The better team playing in the game is considered favorite. They have to win by the point spread offered by the sportsbook. The favorite in a game is listed as being minus (-) the point spread.

The worse of the teams playing in the game is called the underdog. The bettor wins if this team wins the game outright or loses by an amount smaller than the point spread. The underdog in a game is listed as being plus (+) the point spread.

Let’s use the upcoming Super Bowl between the Kansas City Chiefs and Tampa Bay Buccaneers as an example.

Football Point Spread Explained

Using this example, the Chiefs opened as 3-point favorites over the Buccaneers (currently Chiefs ). The Chiefs need to win by 4 or more points to cover the spread.

Likewise, the Buccaneers opened as 3-point underdogs. That means the Buccaneers would need to win the game outright or not lose the contest by 4 points or more. If the line is Chiefs -3 and they win by exactly 3 points, the betting result is a “push” and bettors for both sides would get their wagers refunded.

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ALSO READ: 5 Fun Super Bowl prop bets to consider

Point spread betting odds

Point spreads are usually set with -110 odds, but pricing often fluctuates at online sportsbooks. This is the sportsbook operators’ house edge. The odds guarantee the sportsbook operator will see a little money over time. When the odds are set at -110, the bettor must wager $110 to win $100 (or $11 to win $10).

The odds on a point spread are most commonly known as the vigorish or “vig” for the sportsbook. You might hear this small profit margin for the sportsbook called the “juice” by some sports bettors.

Point spread FAQs

What does ‘pick em’ or ‘pick’ mean in NFL betting?

A “pick em” (sometimes seen as “pick”) is when the teams have a point spread of zero, meaning neither team is favored. In this instance, you’re essentially picking moneyline and your bet will be determined on the winner alone.

What does -7 and +7 mean in NFL betting?

A spread of minus-seven (-7) means that a is favored to win the game by a touchdown (technically, a touchdown and the extra point). A team favored by -7 must win the game by eight or more points to win the bet. If the team wins by seven, the result is a “push” and the bet is refunded.

A spread of +7 means the team must win the game or lose by fewer than seven points to win the bet. A loss by seven would result in a push.

What does -3 and +3 mean in NFL betting?

A -3 spread means that the favorite must win by more than a field goal to win the wager. A three-point win would result in a push and the sportsbook would refund the wager.

A spread of +3 means the team listed as the underdog must win the game or lose by fewer than three points to cash the bet. A three-point loss would be graded as a push by the sportsbook and the bet would be refunded.

Why are point spreads in the NFL so much lower than in college?

In 2019, the Baltimore Ravens led the NFL in point differential per game at +13.7 points; the Miami Dolphins ranked last in the NFL in point differential per game at -11.7. Even Kansas City– known for their explosive offense– had an average point differential in 2019 of just 9.7 points. The net point differential in the NFL is -14.1, or -0.9 points per game. Basically, the talent differential in the NFL is so minute that even mismatched teams often draw games within a score of each other.

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.)

Point spread and odds movement

Las Vegas Nfl Football Point Spread

Explained

Sportsbook operators often aim to have equal money on both sides of a point spread. When the money is exactly split the sportsbook operator will see the exact vigorish as their profit margin. If all things are equal over time this will maximize how much money the sportsbook operator can make.

In an effort to have equal money on both sides of a wager, the sportsbook operator will move the point spread to attract money on the side that customers aren’t betting on. The odds for a point spread might change before the actual point spread. There are certain point spread numbers, like 3 and 7 in football, the sportsbook operators would like to avoid moving away from since the final score margin falls on these two numbers most often.

For example, if a lot more money is wagered on the New England Patriots -3, the vig may shift from -112 to -115 and -120 before the line moves to -3.5.

Run and puck lines

Football and basketball games are mostly bet using a point spread. The less popular major sports, baseball and hockey, are mostly bet using a moneyline. In an effort to make baseball and hockey more appealing to point spread bettors, the sportsbook operators offer run and puck lines, respectively.

These alternative lines give point spread bettors a chance to wager on other sports using a more familiar method of betting. Since points (runs and goals) aren’t as easy to come by in baseball and hockey, the odds with the lines may have a wider spread than a football or basketball game.

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