Are you confused about basketball spread betting and how it works? Don’t worry, it’s actually a lot easier to understand than it appears at first glance – as I’ll explain to you in this guide.
Spread betting lines in basketball even up a contest by giving a handicap to the favorite and an advantage to the underdog. If you bet on the favorite, they need to beat the spread for you to win. For an underdog bet, the team can lose and your bet can still win, so long as they stay within the spread.
As a basketball fan, you will be fully aware that not all NBA games are even matches, despite the salary caps that are in place for all teams. That’s where spread betting in basketball comes in, as it aims to even up a contest, and the odds, for any given game.
With basketball point spread betting, points are deducted from the favorite team and an equal number of points is given to the underdog team. This levels up the playing field, or the basketball court in this case, for a contest that would otherwise be one-sided.
The bigger the perceived gap in quality between the teams, the larger the spread will be. I have provided you with an example of a basketball spread betting line below to make the concept even clearer:
Teams | Spread | Odds |
---|---|---|
Washington Wizards | +14.5 | -110 |
Dallas Mavericks | -14.5 | -110 |
Reading the points spread is a bit different from basic betting lines – see my guide to moneyline betting explained if you are unclear on that point.
So that I can explain clearly how spread betting in basketball works, I’ll first break down all of the elements of the example above:
If you want to take an even deeper dive into this subject, you can check out my guide for making picks against the spread explained. For now thorough, here is an overview of the main points:
The first thing that you need to decide when betting the spread in basketball, is which team will cover the spread. Will the underdog stay within the points total, or will the favorite win by the required margin?
Unfortunately, the spread isn’t fixed, as the handicap and the odds can both change based on several factors, such as:
-110 is an example of minus odds, which shows the price of the spread. This gives each outcome an implied probability of 52.38%. That extra 2.38% on each side of the outcome is known as the “juice” or the “vig”. As I explained earlier, this is how a sports betting site makes its profit.
Using my example, you would need to wager $110 to win a profit of $100, or to put it another way, you could receive a payout of $0.91 for every $1 that you stake.
As I said before, the spread in basketball is determined by the difference in quality between the two teams. However, as all of us basketball fans know, there are several factors that determine a team’s skill and performance levels.
While bookies and odds makers all each have their own set of metrics for determining an NBA game spread, the most common contributing factors are instantly familiar to us as fans:
Before we finish up, I would like to summarize this guide with the main pros and cons of spread betting in basketball:
There you have it guys, everything that you need to know about NBA spread betting – now all that you need to do is get started. In summary, the main advantage that this type of bet gives you is an even contest.
The spread effectively evens up the underdog and the favorite, giving you a more stable bet option than a traditional moneyline wager. If you fancy giving basketball spread betting a shot today, take a look at my top recommended NBA sportsbooks in the US for 2024, which you’ll find displayed in the on-site banners here at DunkorThree.com.
So what is a spread in basketball betting? Basically, it evens up a contest by deducting points from the favorite (handicap) and giving them to the underdog (advantage). For example, if the Mavericks were -14.5 vs the Wizards at +14.5, the Mavericks would need to win by 15+ points to beat the spread. Meanwhile, the Wizards would just need to stay within 14 points of the Mavericks’ score.
The spread works by putting the odds and probability of an NBA game on a level playing field using a handicap. For example, 3.5 points could be given to the underdog, but taken away from the favorite. Is this useful? Discover my answer to “what are prop bets?” here at Dunkorthree.com.
+7.5 in NBA spread betting would be the advantage given to the underdog. If you were to wager on the underdog team at +7.5, they would just need to stay within seven points of their opponent to beat the spread and have your bet payout. On the same line, the favorite would have a -7.5 handicap to even things up.
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