When it comes to betting on the NFL, the point spread is one of the most common and exciting ways to wager. Whether you’re a seasoned bettor or a newcomer to NFL betting, understanding how the point spread works is essential. This guide will break down what an NFL point spread is, how it’s used in betting, and why it’s so popular among bettors.
Grasping NFL Point Spread Betting
Point spread betting is designed to level the playing field between two teams of varying strengths. In NFL games, not all matchups are equal; some teams are significantly better than others. To make the betting more competitive and to attract bets on both teams, sportsbooks assign a point spread. This spread acts as a handicap, essentially giving the weaker team a head start while creating a margin the favored team must overcome.
How Does the Point Spread Work?
In point spread betting, you’re not just betting on which team will win or lose. Instead, you’re betting on whether the favorite will win by a margin greater than the spread or whether the underdog will lose by fewer points than the spread — or win outright.
Example of an NFL Point Spread:
New England Patriots (-7.5) vs. Miami Dolphins (+7.5)
In this example:
- The Patriots are the favorite, indicated by the minus sign (-).
- The Dolphins are the underdog, indicated by the plus sign (+).
- The point spread is 7.5 points.
If you bet on the Patriots, they would need to win by more than 7.5 points for your bet to succeed. If they win by 8 or more points, your bet wins. If they win by 7 points or fewer, or if they lose the game, your bet loses.
If you bet on the Dolphins, they can lose by up to 7 points, and your bet will still win. If the Dolphins win outright or lose by 7 points or fewer, you win the bet.
Point Spread and Push
In some cases, the point spread can be a whole number, such as -7 or +7. In this scenario, if the favorite wins by exactly 7 points, it results in a “push,” meaning neither side wins, and the original wager is refunded.
Why Point Spread Betting Is Popular in the NFL
Point spread betting is popular because it balances the odds between two teams, making even a one-sided game more engaging for bettors. It also requires more skill and analysis than simply picking a winner, as you must consider how much a team will win or lose by.
Equalizing Mismatches
NFL teams vary in strength, and without a point spread, betting would heavily favor dominant teams, making betting less interesting and profitable. Point spread betting makes mismatched games more competitive from a betting perspective, as you have to predict not only the winner but also the margin of victory.
Higher Payouts
Point spread betting typically offers better payouts compared to straight-up (moneyline) betting, where you bet solely on the outcome of the game. By factoring in the margin of victory or defeat, sportsbooks can offer better odds for both the favorite and the underdog, giving bettors more value for their wagers.
Key Terms in NFL Point Spread Betting
To fully grasp NFL point spread betting, here are a few key terms you should be familiar with:
- Favorite: The team expected to win, indicated by a minus (-) sign.
- Underdog: The team expected to lose, indicated by a plus (+) sign.
- Cover the Spread: When a team beats the point spread. For the favorite, this means winning by more than the spread. For the underdog, this means losing by fewer points than the spread or winning outright.
- Push: When the final score difference equals the point spread, resulting in a refund of the bet.
Factors to Consider When Betting on NFL Point Spreads
Successfully betting on NFL point spreads requires careful analysis. Several factors can influence how a team performs relative to the spread:
Team Strength and Form
While the spread accounts for the difference in team strength, you should still analyze each team’s current form, injuries, and recent performances. A team may be favored, but if they have key players out due to injury, they may struggle to cover the spread.
Home and Away Performance
Home-field advantage can play a big role in how teams perform. Some teams excel at home and struggle on the road, so consider where the game is being played when evaluating the spread.
Weather Conditions
Weather can have a significant impact on NFL games, particularly in outdoor stadiums. Rain, snow, and wind can slow down high-scoring offenses, making it more difficult for the favorite to cover a large spread. Always check the weather forecast before placing your bets.
Betting Trends and Public Perception
Public perception can heavily influence the betting lines. If a lot of money is placed on one team, the sportsbooks may adjust the spread to balance the action. Tracking line movements and betting trends can provide valuable insights into where the sharp money is going.
Strategies for Betting on NFL Point Spreads
While no betting strategy guarantees success, some tactics can improve your chances when betting on NFL point spreads:
Betting on Underdogs
Historically, underdogs tend to perform better than expected when it comes to covering the spread. Betting on underdogs, especially in high-profile games where the public heavily backs the favorite, can offer good value.
Watch for Key Numbers
In NFL betting, certain point margins occur more frequently than others due to the way scoring works (e.g., touchdowns and field goals). The numbers 3, 7, and 10 are particularly important in point spread betting. When the spread is close to one of these numbers, consider how likely the game is to be decided by a field goal or touchdown.
Monitor Injuries
Injuries to key players, particularly quarterbacks and other offensive stars, can drastically affect a team’s ability to cover the spread. Stay up to date on injury reports and make your bets accordingly.
Shop for the Best Line
Different sportsbooks may offer slightly different point spreads for the same game. Shopping around for the best line can give you a better chance of winning your bet. For instance, if one sportsbook has the spread at -7 and another has it at -6.5, betting at the latter gives you a half-point advantage.
Conclusion
NFL point spread betting is a great way to add excitement and strategy to your NFL viewing experience. By leveling the playing field between the favorite and the underdog, it creates more balanced betting opportunities and allows for more informed wagers. Understanding how point spreads work, what factors influence them, and employing smart betting strategies can help you make better, more profitable NFL bets. Whether you’re a fan of underdog surprises or confident in the strength of the favorites, point spread betting brings a new layer of thrill to NFL action.
Now that you know what an NFL point spread is, you’re ready to dive into the action and make your NFL Sundays even more exciting!