Spread on the Super Bowl

Are you planning to bet the Super Bowl this year? If so, you should endeavor to understand the spread on the Super Bowl. Sportsbooks and casinos determine a spread on the Super Bowl in order to even the betting odds on both sides of the game. If football wagering were based simply on which team will win the game, nearly everyone would bet the favorite and the odds would be so unfavorable that neither sportsbooks nor gamblers would make money. Therefore, rather than straight "win or lose," sportsbooks offer a point spread on the Super Bowl. Understanding how point spreads work is a basic element to learning about sports betting.

How do sportsbooks and casinos determine the spread on the Super Bowl? Analysts spend many hours researching the opposing teams, taking into account the play conditions, the arena, and the statistics from Vegas oddsmakers to generate the spread on the Super Bowl. These numbers are of prime importance to the football gambler, who must understand how point spreads affect wagers in order to have a better chance at making a profit. If you have ever heard people who regularly wager on sports, primarily football and basketball, talk about "betting the spread," they were referring to the NFL football point spread on the game.

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The spread on the Super Bowl is written using a minus sign and a number to denote the favored team, which adjusts for the margin of winning analysts expect the favorite to achieve. For example, if the Super Bowl teams were the Buffalo Bills and the Dallas Cowboys, and the Bills were the favored team, the spread on the Super Bowl might read: Buffalo Bills -7 vs. Dallas Cowboys. Basically, this would mean that if the Dallas Cowboys were to start the game with seven points, the two teams would tie - so the analysts expect. Therefore, betting the spread would pay off if you placed a bet on the Cowboys, and the Bills won by any number of points or lost by less than seven.

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Determining and utilizing a spread on the Super Bowl allows sportsbooks to balance the odds so that approximately half of gamblers believe one team will make the spread, while the other half believes the other team will. It doesn't happen often, but if the final Super Bowl score exactly matches the spread, the bet becomes a "push" and all bettors receive a refund for their bet amount. The best idea for betting the spread on the Super Bowl is to place multiple bets with sportsbooks that offer different point spreads. This gives you more chances to "make your spread" and win!

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by Mike Jones at 1800-sports.com on January 19, 2006


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