If you are a football fan, then you have likely heard of the term’spread’. Simply put,’spread’ in sports betting refers to the amount of money placed on one side or team, as opposed to a ‘push’ or ‘fold’ in which all the money is placed on one side or the other. For instance, if you’re looking to place a bet on the game this Sunday, you might consider the New England Patriots as 1.5-point favorites over the Green Bay Packers. In this scenario, the sportsbook you are visiting would take your $100 and place $105 worth of bets on the New England Patriots. Your $5 (1.5%) profit would then be the difference between the two totals. Now, if you were to bet $100 on the Packers, your money would be worth $105, and you would make a $15 profit, or 15% of your original investment. So, for every $100 you spend on football, you would make $15 back as profit. Naturally, this is assuming all the money being bet relates to the game. In other words, if you’re watching the Super Bowl and the game is tied at half-time, there would be no reason to wager on the game since it’s already been decided who will be winning at the end of the day. Thus, the spread would disappear as far as that particular game is concerned (but you’d still have your original wager to remind you of what happened!).
In many cases, a team will be spread very wide because the sportsbook doesn’t like the look of their odds. In these instances, it’s usually best to avoid betting on that team altogether, as they tend to be very dangerous. Alternatively, a team that is severely under-performing will often be spread pretty far, as well. In this case, it’s usually a good idea to go ahead and bet on them, as they can often provide good value. For example, if you had heard that the Tampa Bay Buccaneers were 4-to-1 underdogs, you might consider taking them on a short-stay vacation in the Bahamas. Or if you’ve been watching the news and learned that the Cleveland Browns were being humiliated 45-to-3 by the Buffalo Bills, you might want to rush out to get some football tix and see what’s going on.
Although it may be tempting to look at the NFL point spread and think that it represents the best value in all sports betting, this isn’t necessarily the case. There are dozens of situations in which an MLB or college football game presents better value than an NFL contest. This is why it’s always a good idea to do some research before hitting the books (or the betting windows!).
Why Bet On The Over Or Under?
Let’s say you’ve been watching the NFL and a game has reached the point where the home team is winning by a large margin. At this point, it’s time to cash out and head to the bar for a drink. Naturally, you’ll want to make sure you’ve got enough money left over for that drink, so you ask the bartender for the best place to spend your last dollars. Naturally, he’ll direct you to the sportsbook, where you make the switch from the safe world of NFL betting to the more dangerous underbelly of oddsmaking. Upon arriving at the betting window, you’re faced with a big sign that reads: ‘Underdogs win, overdogs lose’. Suddenly, the bartender is telling you that you shouldn’t bet on the underdogs anymore, as they have no chance at winning. Shocked, you glance at the sign, and then at the bartender, and then back at the sign. Confused, you ask: “But the sign said underdogs win, overdogs lose. How can that be?”
As it turns out, the sign is wrong. What it really means is that the overdogs are dominating the game, but the oddsmakers are hiding this from you (and they’ll be hiding it for a while since you’re a newbie). When it comes to betting on the over or the under, there are quite a few instances in which it doesn’t matter which one you choose. However, in most cases, it’s best to go with the underdogs, as they can give you the best shot at winning. Also, if you’re looking for a short-cut to riches, then you might want to hit the over (for more information, check out our articles on the subject:
- The Over/Under Conundrum: Which Should You Bet On?
- The Money-Back Guarantee: Hidden Benefit Of Taking A Chance On The Over
- Why Bet On The Under In College Football?
There’s also the issue of trust. When you’re betting on the over or the under, you’re trusting the sportsbook to give you the straight dope. However, there are certain instances where this isn’t the case and where the oddsmakers are taking advantage of you. If you’re looking to avoid this type of situation, then it would be best to avoid betting on the over or the under altogether. Fortunately, there are plenty of sportsbooks where this isn’t the case and where you can find trustworthy oddsmakers. At the very least, you’ll know what you’re getting into beforehand. Additionally, many sportsbooks offer a money-back guarantee if the oddsmakers don’t deliver what they promise. So, in cases where you’re not able to trust them, there’s recourse.
Where Do I Place My Football Wagers?
This question is important because you don’t want to put your money on a team that you consider to be unworthy of your support. For instance, if you’re a Pittsburgh Steelers fan, it may be best to avoid betting on the New York Jets, as you might end up losing a lot of money. Fortunately, there are various places where you can put your football bets, and the option you choose will depend on your personal preferences. A lot of people like to bet on televised games because it’s easy to follow along and helps them keep track of what’s going on. In other cases, if you’re looking for a bit of nostalgia, it might be best to go with the team you grew up supporting or with the team that plays your home games. Still others might prefer to bet on the total amount of points scored in the game, while others might simply want to bet on the final score.
There are also situations where it’s best to avoid betting on two teams from the same state. For instance, if you’re a Massachusetts native and you decide to bet on the New England Patriots and the Boston Red Sox, you may want to reconsider that bet, as you may be giving the Patriots edge in that particular wager. Thus, it’s usually best to avoid betting on teams from the same state, as this gives an advantage to the home team. Of course, this is only an example, as this depends on many factors such as the total amount of points scored in the game and numerous other situations which might arise. Thus, it all depends on how much you’re comfortable risking, your state of residence, and a whole lot more.
The Team I Support Won’t Win
This is the one that kills all the fun of watching sporting events and betting on them. You may be all in on a Philadelphia Eagles bet and excited about hitting the big upset. With one minute left in the game and your team down by a point, you sit back and watch excitedly as your team advances the ball down the field. Suddenly, your team misses a field goal attempt, and the upset never happened. In this instance, it would be best to stop betting on that team, as it’s not going to make any difference whether they win or lose. Naturally, this is assuming you have some back-up and you weren’t completely hosed. In the grand scheme of things, it doesn’t matter whether the Eagles win or lose, as long as you don’t lose all your money on one team. Fortunately, this is a rare occurrence and most sportsbooks will gladly accept your money once the bet is completed. Of course, this will vary from book to book, so do some research before hitting the betting window.