What Is the Spread Mean in Betting?

If you are new to betting then it’s a good idea to brush up on your general knowledge on the subject. It’s not like there’s a manual that you can just follow, so learning a few things now can save you both time and money in the long run. Especially since finding the right information can be difficult, and it’s easy to get confused by false or misleading information. So let’s begin by taking a quick look at the history of betting and the fundamentals of sports betting.

History Of Betting

The practice of betting on sporting events has been around for as long as sports have been played for entertainment. Naturally, when people saw an event like a horse race or a fight, they had to make a wager on the outcome. The concept of a wager (or sports betting) was formalized in the United Kingdom as far back as 1662. And in Australia, the practice was codified in the 19th century.

The modern-day practice of betting, or at least the concept, was popularized in the early 1900s in Europe and North America. It was during this time that people actually started placing bets on the results of games and sporting events. And since that time, the practice has only increased in popularity, with approximately 500 million euros being wagered annually in mainland Europe alone.

The Spread

When you place a wager on something, you are essentially placing a wager on the spread, which is the difference between the projected winning odds for each team or individual participating in an event and the ‘true’ odds, or the odds that would be actually prevailed if the game were being played. For example, if you were betting on the Yankees to win the World Series against the Red Sox, the spread in that case would be (Yanks 20/1, Red Sox 5/1). The over/under for the game is set at 7, so in that case, you would be wagering that the Yankees will score at least 19 points and the Red Sox will score at least 7 points.

Though the spread is usually discussed in terms of sports betting, it also applies to horse racing and various other games where people are wagering on an outcome. For example, in a typical pick-6 fantasy football game, there would be a spread of +4.5 between the Chicago Bears and the San Francisco 49ers. Because the fantasy football game is based on ‘schedules’ that assume no rainouts, injuries or other surprises, the spread will be somewhat similar each week, but it may vary from one week to the next depending on the results of previous games. Or for a fan of the New York Jets, there might be a spread of –3 in their favor this week, due to a recent spate of injuries to key players.

How To Place A Bet

Assuming you know what the spread is in a given sport or game, how do you go about placing a bet? Well, it depends on what kind of sport or game you are betting on, but usually you will have to go through a bookmaker or other sports betting website. Depending on whether it is legal for you to wager in the place you are in, you will either have to wait for the race to finish, or you can place your bet the instant it is accepted. In the meantime, you could scan through the latest articles or check out the tips from top analysts, which may provide you with a good idea of how the game is going to unfold. In general, it is best to place a bet on the favorite, meaning the team or player you think is going to win the game. But sometimes this can backfire, if your team ends up losing. Then you would have some serious cash on the line. It’s worth noting here that the phrase ‘moneymaker’ is often used in conjunction with online sportsbooks, since many people are exploring the world of betting online these days, as it is much more convenient and accessible. And for that reason, ‘online sportsbooks’ are also referred to as ‘the internet paris’.

More Information

If you’re still reading, then you’re obviously itching to learn more about betting. And that’s wonderful, because we’re here to help. In fact, here’s where you can find all the necessary information you need to know about betting: