In sports betting, a point spread is used to make the matchup between two unevenly matched teams more interesting.
When you see a -12 point spread, it means that the favored team (the team expected to win) must win by more than 12 points for bettors who wagered on them to win their bet.
How does this affect your betting strategy?
Knowing the point spread is crucial as it significantly influences your betting strategy. If you believe the favored team can win by more than the spread, you would bet on them.
However, if you think the underdog can keep the game closer than the spread, or even possibly win outright, then you would bet on the underdog.
It’s all about gauging the potential risk versus reward based on the given point spread.
Let’s put this into perspective with a real-world example of a $100 bet
Let’s say Team A is favored to win over Team B, and the point spread is -12. If you bet $100 on Team A, they would need to win by more than 12 points for you to win your bet.
If Team A wins by exactly 12 points, it’s considered a “push,” and your original bet is returned.
On the other hand, if Team A wins by less than 12 points or loses the game, you lose your $100 bet.
When should you consider this type of bet?
Consider betting on a -12 point spread when you have strong confidence that the favored team will win by a significant margin.
This could be based on factors such as their current form, player injuries, home-field advantage, and more.
Remember, sports betting is not just about luck; it’s also about analysis and making informed decisions.
Finding the spreads with the most profitable odds using odds
Tools like OddsJam can be incredibly helpful in finding the most profitable spreads.
These tools compare odds from various sportsbooks, allowing you to find the best possible odds for your desired bet.
By consistently betting on more favorable odds, you can increase your potential profits over time.
Please remember, that while these tools can help you in your decision-making process, they don’t guarantee success. Always bet responsibly and within your means.