These games won’t bet on themselves. Now go put on your smoking jacket, light a stogie, and call your bookie (or open your favorite sports betting app). If a favored team wins by exactly the spread number – Chargers by 6 – then the bet is a “push” and you get your wager back. One way to refer to this is the Eagles are “getting six.” Underdogs have a positive number, such as Eagles (6). Spread betting is a form of betting whereby the amount you win or lose varies according to the winning or losing margin of your bet. If the Chargers win by three on a last-second field goal, hey, good for them but you still lose.įavored teams will be listed with a negative point spread, such as Chargers (-6). So if the Eagles are 6-point underdogs against the Chargers and you bet the Chargers to win, the Chargers have to beat the Eagles by more than a touchdown for you to collect. A point spread (commonly just called the spread) describes the expected margin of victory by the favored team in a given game. How it works: Oddmakers predict by how many points the favored team will beat the underdog. You can still bet that way, but McNeil opened his own book-making joint in Chicago and introduced what he called “wholesaling odds,” which was betting on point spreads. Back then, if you wanted to bet on a football game with your local bookie, you got odds on the winner – the Bears would pay 2-to-1 if they beat the Giants, for example.
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