# How Much Will I Win Betting on Sports?

The lines on sports betting can be very deceiving, so always be wary of what you’re reading. However, sometimes it’s difficult to know how much you’ll actually win betting on sports. To make things more confusing, there are various betting options which each come with their perks and quirks. Since no two betting situations are ever the same, we’ve put together a guide to help you figure out how much you’ll actually win betting on sports. Here’s the rundown

## The Basics

At the most basic level, you’ll have two options when betting on sports: you can either bet on the outcome of the game (underdog wins), or you can bet on the spread (the line on the board is the point spread).

The first option is easier to understand. If you believe that the underdog will win, you’ll just need to choose that side and you’ll be good to go. You’ll win if the underdog wins and you’ll lose if the favorite wins. This is the simplest type of bet to understand because all you need to do is bet on the result of the game. You’ll have a 50% chance of winning or losing, and whatever the outcome, you’ll receive your money back (minus a small commission). This type of bet is good for people who need a quick fix of entertainment because all you need to do is pick a winner or loser, and there’s no debating whether you’ll win or lose.

On the other hand, if you believe that the spread will be the deciding factor in the game, you’ll need to look into the merits of that particular bet. The spread bet is a little more complicated because you have to assess whether the line is justified or not. Let’s say for example, the spread is 3 points and you bet on the underdog. Well, if you’re wrong and the favorite wins by 2 points, you’ll end up having won 2 points (2×3=6), but you’ll also have lost the 3 points you bet on the underdogs (3-2=1). You’ll actually have lost money on the spread bet, but you’ll also have won money on the other side because the game ended up going the other way. Spread bets are good for people who like to analyze the stats and the odds before placing a wager because you need to do your research before placing a bet that will affect your financial wellbeing. The key thing to remember about the spread bet is that it’s a bit more involved than betting on the result of the game. You’ll need to make a judgement call as to whether the line is fair or not, and it can get a bit tricky. Fortunately for you, we’re here to help with a detailed explanation of how much you’ll win or lose betting on sports.