Last updated on January 6th, 2022
If you know anything about sports betting, it is that it comes in various forms. You have so many sports wagers to choose from.
However, one type of sports betting that’s becoming popular is the point spread betting. This could be because of how it’s commonly used in football and basketball. To help you on how to win a point spread bet, read below.
Courtesy of Street Bettings
Point Spread Betting Means
The point spread is known for being an equalizer for sportsbooks operators. Because as we all know, not every team is created equally. For this reason, sportsbooks make a point spread for a game. This will give each playing team an almost even chance of winning the game.
Courtesy of Online Betting
When it comes to point spread betting, it provides punters with the chance to bet on both teams. The better team will be known as the favourite. They are listed as the minus (-) in the point spread. On the other hand, the worst teams are known as the underdog and are listed as the plus (+). If you choose the favourite, you need to win by the point spread given a sportsbook. For those who chose the underdog, they either need to win the game or lose by an amount that’s lesser than the point spread given.
Tips for a Successful Point Spread Betting
#1 Make Use of Bonuses
If you want to be serious about sports betting, it’s crucial that you open an account at an online betting site. Most of them offer sign-up bonuses and other promotional offers. You can use these as extra money that you can wager with. You can also try to register with many betting sites so that you can have several potential returns. But, remember to choose those that are reputable.
#2 Compare with Different Betting Sites
Aside from making use of the bonuses that you’ll get by registering in multiple betting sites, you can also use these sites to your advantage because you can compare their different point spreads. So, by checking them out, you’ll know which sites offer the most favourable ones. If this is too time-consuming for you, you can always check out sportsbook aggregators.
#3 Don’t Jump to Conclusions
Most novice punters make the mistake of getting excited and betting on lots of favourite or superior teams. This does not always work for the most part since the very purpose of point spreads is to make it an even playing field. That’s why it’s always going to have 50/50 propositions.
If you want a reliable sports betting site for your point spread betting or if you’re looking for sports betting tips and strategies, come check us out. You can learn more about VOdds by registering with us!