A -10 point spread in sports betting implies that the favorite team — the team predicted to win — must win by more than 10 points for a bet on them to pay out.
This is also known as covering the spread.
How Does This Affect Your Betting Strategy?
This concept directly impacts your betting strategy as it requires you to consider not just who will win, but by how much they will win.
It makes the betting process more strategic and intricate. For instance, if you believe the favorite team can win by more than 10 points, you would place your bet on them.
However, if you think the underdog team can either win or lose by less than 10 points, you would bet on them.
Let’s Put This into Perspective with a Real-World Example of a $100 Bet
Imagine you bet $100 on the favorite team with a -10 point spread. If the favorite team wins by more than 10 points, you win your bet.
However, if they win by exactly 10 points, it’s a push, and you get your original bet back.
If they win by less than 10 points or lose the game, you lose your bet.
When Should You Consider This Type of Bet?
You should consider this type of bet when you have a strong conviction that a team will not only win but also cover the spread (i.e., win by more than 10 points).
This requires a deep understanding of the teams, their performance, and other influencing factors like injuries, weather conditions, etc.
Finding the Spreads with the Most Profitable Odds
To get the most out of your sports betting experience, it’s crucial to compare the odds offered by different bookmakers.
This is where odds comparison tools like OddsJam come into play. These tools help you find the best odds for your preferred point spread bets, ensuring you maximize your potential returns.
By comparing odds, you can identify the most profitable opportunities and make more informed betting decisions.