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Sports Betting: How to Read Point Spreads
In this video, my brother Mark aka MFA, goes over further into sports betting and looks at the concept of point spreads, and how to read them. A point spread is the amount of points a team is favored to win by, indicated by a minus (-) sign. For example, if the Cleveland Cavaliers are favored to win against the Golden State Warriors by 3 points, then their point spread would be -3.
On the other hand, the Golden State Warriors would be likely to lose by 3 points, which would be indicated by a plus (+) sign, and their spread would be +3.
If you were to bet on a team to "cover" the spread, that means that your team beats the given spread. For example, betting on the Cavaliers to cover the spread would require that they win by MORE than 3 points. Betting on the Warriors would require they win or lose by LESS than 3 points. However, if the Cavaliers win by 3 points, then their is a tie and no one wins, or loses.
A spread indicated by a Pick, PK, Even, Pick'em, or Pick em means that you are betting strictly on whether a team wins, regardless of the amount of points.
Some spreads avoid ties by adding a 0.5 or 1/2 to the spread, such as -3.5 or +3.5. The only difference is that a tie means that the favored team wins by 3.5, which is not possible in most sports because the scoring systems are almost always written in whole numbers.
Download the notes in my video: https://1drv.ms/b/s!As32ynv0LoaIhtVVnAg39F6eU83V7Q
View Video Notes on Steemit: https://steemit.com/gambling/@mes/sports-betting-how-to-read-point-spreads
Related Videos:
How to Read Sports Betting Odds: American, Fractional, and Decimal Odds: https://youtu.be/Kaf7IfPqt28
LeBron James' Max Contract in the 2017/2018 Season: https://youtu.be/oUM9Oa14Oy0
NBA Mid Range vs. Close Range vs. Three Point Shots: Which is the most effective?: https://youtu.be/ljkywWmq24E
NCAA vs. NBA 3 Point Line: http://youtu.be/1__25TpOdB0
Odds of Winning the Lottery: http://youtu.be/dVNFhu6tMQc
NBA Free Agency and Max Contracts: Introduction: http://youtu.be/osDN-bnPULY
Odds of Having a Perfect NCAA March Madness Bracket: http://youtu.be/It1sCq9cAFM
Poker: What is Equity?: http://youtu.be/xhZOfQGteAo .
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