Spread Bets Online Basketball Betting
Spread bets are a headache but once you understand them you will be over speeding on the basketball betting freeway. So, let’s get a bit practical with this game and use the statistics between the Indiana Pacers and the Bolton Celtics. On the last game that the Pacers played against the Celtics in March of 2020, Celtics emerged the winners, so if you were to bet on the above game and you know that the Pacers have a history of scoring high points then you would probably win the game by 10 points.
For this game, if the only option was the Moneyline basketball betting odds then you would have ended up using a lot of money but with little profit, but with the spread bets, sportsbook will decide on the points that they think each team is going to lose or win the game by and then give you the option to bet on a basketball team that you think is going to outperform the prediction.
So if Sportbook thinks that the Celtics are going to win by 8 points the spread will be presented as below.
Celtic -8 (-110)
Pacers +8 (-110)
Now according to you Celtics will win by 10 points, you will, therefore, place a bet on Celtics. Remember that Celtics are -8 in this game, meaning that Sportsbook is of the idea the team will win by 8 points, and for you to win, Celtics have to outperform sports book expectation, meaning that if they win by 9 points then you also win.
But if you think that Celtics will win by fewer points, let’s say 6 then they will have underperformed thus you will lose because they wouldn’t have exceeded their expectation. Pacers on the other hand are expected to lose the game by 8 points, so if they lose the game with fewer points and you had placed a bet on the team, then it is your payday because they exceeded their expectation.