Just like any sports betting format, NFL betting lines also offer spread betting to their customers. Spread betting offers high returns to interested bettors and is steadily gaining in popularity, with the number of players approaching one million. To cope with the aggressive growth of the method, NFL betting lines have started to implement the system. What about NFL Spread betting and what started the clamor for it? To understand it better, here are some quick facts about how NFL Spread betting works and how it contributes to the sports betting industry.
Spread betting is just like any other bottom line game. But rather than just betting on the “win or lose” outcome of the event, it also involves making the right decision based on the set range of outcomes. This range of results is what we call “spreads”. Spreads give bettors the additional option of increasing their winnings based on whether the outcome of a given line of bets would be over or under the spread. The clamor for the method actually started in the UK, but quickly spread, eventually reaching the NFL market as well. NFL spread betting carries a high level of risk, with profits or losses far in excess of the original money wagered.
In a top-level sporting event like the NFL, it is accused that for the first two months of the season, fans begin to have their favorites, along with those they considered underdogs. For betting, stats are one of the things they rely on to make their betting forecast. Because of this, bets will have a tendency to eventually bet on the winning teams and some will take their chances on the underdogs. The main purpose of implementing spread betting is to defeat this unilateral favoring of betting. The point spread is essentially a handicap for the underdogs and can be moved to any level to create an equal number of participants on each side of the bet. Due to the spread, the probability of winning returns to 50%. The point margin in American football varies as established by the scoreboards.
Here is an example of a 4 point spread in a certain game:
* If the player bets on the “loser”, they are said to take the points and will win if the loser’s score plus the spread is greater than the favorite’s score.
* The final score is Underdog 8, Favorite 10: 8 + 4 > 10, so the player wins;
* The final score is Underdog 8, Favorite 13: 8 + 4 < 13, so the player loses.
* If the player bets on the “favorite”, he awards the points and will win if the favorite’s score minus the spread is greater than the loser’s score:
* Final score is Underdog 5, Favorite 10: 10 – 4 > 5, so the player wins;
* The final score is Underdog 8, Favorite 10: 10 – 4 < 8, so the player loses.
There are many betting processes to choose from, and NFL spread betting is just one of them. Whether you choose to try your luck in this process or go with the others is up to you. The important thing is that you choose an efficient system that provides a good handicap. Good luck and happy betting.