Deciding which sporting event to attend this coming weekend can be difficult. There are hundreds of options for you to choose from, and if you want to make the right decision, you’ll need all the help you can get. That’s where we come in. In this article, we’ll discuss how to find the best betting spreads so you can make the right choice and avoid getting burned. We’ll also give you an idea of what a betting spread is and why it’s so important to know which ones to avoid and which ones to look out for.
The Basics Of A Betting Spread
If you’ve ever heard of a ‘betting spread’, you’d most likely know what it is. A betting spread is simply a type of wager where instead of placing a single bet on the game(s) you’re interested in, you spread the money you’re willing to spend across a number of different bets. Typically, a betting spread will have multiple teams or leagues competing for a spot in a given division, and the person or company running the spread will try and determine which teams have the best chance of winning the match-up. For example, if you have $100 to spend on sports wagers this weekend, you might want to spread the $100 evenly across 5 different teams or picks so you don’t lose too much money on just one or two matchups.
The reason why you might want to avoid betting spreads or at least know what they are when they come up is because there’s usually a lot of wagering involved, and most people overestimate how good their luck will be when putting their money on sports. You might end up losing more than what you initially put on the table just because people thought they could beat the spread. That’s why it’s important to know what a spread is and what situations you might get yourself into if you decide to participate in one.
When To Avoid A Betting Spread
There are a number of instances where you might want to avoid betting spreads. If you’re looking for a ‘clean’ game to attend, you might want to steer clear of all the gambling involved in a betting spread. On the other hand, if you’re looking for some friendly competition, you might want to consider participating in a betting spread as long as you’re aware of the odds and the amounts of money you’re playing with.
The Difference Between A Tote and A Parlay
It’s important to know the difference between a tote, which is simply an accumulator of bets, and a parlay, which is when you combine two or more bets into one wager. A tote is when you put all your money on a single wager and the winnings are added together. A parlay is when you combine several smaller wagers into one larger wager, and the winnings are added together. For example, if you’re playing with $100 and you bet $40 on Team A and $30 on Team B, your tote is Team A + Team B and your parlay is Team A & Team B.
In general, totes are simpler to understand and can sometimes have a higher payoff than a parlay, though the opposite is also true. As a rule of thumb, if you want to make sure you win your money back, you should always go with a parlay, though sometimes the simplicity of a tote can make it more appropriate for beginners.
Types Of Bettting Spreads
There are a number of different types of betting spreads. Most books will break down the major types of betting spreads and their uses. Here are some examples:
- Money Line – This one is pretty self-explanatory; it is simply placing a bet on the winner of the game.
- Head-To-Head – These types of spreads allow you to take a look at two teams or leagues and determine which one is the best, regardless of whether they’re playing against each other or not. In some instances, you might want to choose one team or the other based on the strength of your favorite player on that team. For example, we mentioned earlier that you might want to avoid betting spreads if you’re looking for a clean game. If you decide to participate in a money line bet on the NFL, you’re bound to encounter some questionable shenanigans from time to time. There might be some foul play involved or people manipulating the spread to make sure their team wins, so you should at least be aware of the possibility.
- Proposition – This type of bet allows you to wager on the outcome of a sporting event without having to pick a specific team or player to win or lose. For example, in a proposition bet you can bet that the total score of the game will be within a certain range. If you’re wagering at all, you should usually go with the over/under or the half-point option for scoring games. This way, you’ll never lose more money than you put on the table.
- Accumulator – An accumulator is simply a tote that is backed by a bookmaker. An accumulator bet is usually used in conjunction with a parlay to form a wager. For example, if you’re playing with $100 and you have an accumulator bet of $50 on Denver and Seattle to beat New England by more than 20 points, your parlay is Denver + Seattle and your accumulator is New England – (20+). In most instances, you’ll have to wait several days to get your winnings from an accumulator bet because the winnings are added together at the end of the day and there’s a lot of betting involved. If you’re looking for fast cash, you should usually avoid accumulators because they can sometimes take several days to finalize.
- Parlay – A parlay is simply a combination of two or more bets made on the same game. For example, if you have $100 to bet this weekend and you decide to make a parlay with $60 on Dallas and $40 on Philadelphia, your total wager will be $100 + $60 + $40 = $140. In most instances, the payouts for a parlay are additive, so if you win, you’ll get all the winnings for each bet you made. In some instances, you might have to pay a small fee to parlay with a bookmaker. Always look out for offers when parlaying because there are times when a bookmaker will give you additional odds based on the ‘combination’ of the other bets you make. For example, if you have a $100 parlay on Tennessee and Tampa Bay, and Tennessee wins by more than 10 points, you’ll get $100 * 2 = $200 in winnings. Similarly, if you have a $100 parlay on Tennessee and Jacksonville wins by more than 10 points, you’ll get $100 * 2 + $30 = $230 in winnings.
Why It’s Important To Find The Best Betting Spreads
It’s important to find the best betting spreads because they can help you make the right choice when it comes down to which sporting event to attend. If you want to make sure you have all the info you need before you make a decision, take a look at the above list of types of betting spreads and their uses. Here are a few more things you might want to know: