In sports betting, a -11 point spread means the favored team is expected to win by 11 points.
If you bet on this team, they must win by more than 11 points for you to win your bet.
How does this affect your betting strategy?
Understanding the point spread is crucial to devising a successful betting strategy. The -11 point spread is significant and indicates a strong favorite.
Therefore, you should have confidence in the favored team’s ability to win by a large margin before placing a bet.
However, bear in mind that sports are unpredictable, and even strong favorites can underperform.
Let’s put this into perspective with a real-world example of a $100 bet
If you bet $100 on a team with a -11 point spread and they win by 12 points or more, you will win your bet.
The amount you win will depend on the odds offered by the bookmaker.
If the odds were -110, for example, you would win approximately $91 (not including your original $100 bet).
However, if the team wins by fewer than 11 points, ties, or loses, then you lose your $100 bet.
When should you consider this type of bet?
Consider betting on a -11 point spread when you have strong reasons to believe that the favored team will win by at least 11 points.
This could be due to factors such as recent performance, player injuries, or home-field advantage.
However, it’s important to do your research and not base your decision solely on the point spread.
Finding the spreads with the most profitable odds
Using odds comparison tools like OddsJam can help you find the best point spreads and most profitable odds.
These tools compare odds from multiple bookmakers, allowing you to see where you can get the best value for your bet.
If you’re serious about sports betting, using an odds comparison tool can be a game-changer.