Betting Football Basics
It seems that most people get their introduction to sports betting with football. They’re used to the familiar term, “the point spread”, as in , “Hey what’s the spread in tonight’s game?”. And the other popular bet is the “over and under”, as in, “I think Peyton is going to put on a clinic tonight so I’m betting the Over.”
Let’s take a quick look at these for those of you new to the scene of betting Football.
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Point Spread:
So who’s the favorite in the game. As in the baseball money line, the “minus sign” indicates the favorite in the match-up.
Browns +8 1/2
Colts – 8 1/2
In this example the favorite is the Colts, notice the “minus sign” before the 8 1/2. If you want to bet the Colts to win they must do so by nine points to cover the spread. The odds makers do this so more people will bet on the underdog, in this case, the Browns.
The reciprocal of this would be a bet on underdog Browns. If they win, or lose by less than eight points, you win. In this case the Colts did not cover the spread.
One step further now:
Browns +8 1/2 +105
Colts -8 1/2 -120
Above we have the same point spread as before, but with the money line also included. If you think the Colts will win by nine or more points, then it would cost you $120 for a chance to win $100. (You don’t have to bet $100) On the other hand, a bet on the Browns would cost you 100 of your dollars for a chance to $105.
Over and Under:
As the name implies, you can bet whether the final tally of each team’s score will be above the “OV” set by the odds makers. Let’s look at an example:
Browns +8 1/2 +105
Colts -8 1/2 -120
44 ov -110
Here the Over and Under is 44 points. You can bet the final tally will be below or above 44 total points. Either way you would put up $110 for the chance to win $100.
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