The spread, also referred to as the line, is used to even the odds between two unevenly matched teams. ... In a spread bet, the odds are usually set at -110 on both sides, depending on the sportsbook and state. That means whether you bet the Colts -3 or Texans +3, you'll win the same amount of money if you win the bet.
As a result, what does spread mean in gambling?
betting the spread
Even, how much does a spread bet pay? Point Spread Payouts Typically, these bets are all paid out at -110. This means that for a $100 wager, you will get $90.91 in profit. If you bet the other side of the game, you will receive the exact same payout.
At all events, what does a negative point spread mean?
The favorite in a game is listed as being minus (-) the point spread. The worse of the teams playing in the game is called the underdog. The bettor wins if this team wins the game outright or loses by an amount smaller than the point spread. The underdog in a game is listed as being plus (+) the point spread.
What pays more moneyline or spread?
Many people find it more appealing to bet on a winner of a game instead of betting on the end score of the game. Spread betting does offer some nice benefits. ... However, moneyline bets typically offer the chance to win more than is bet, so these are often the choice for many bettors online.