Point Spread Explained: How Spread Betting Works
A comprehensive guide to point spread betting, including how spreads are set, why lines move, key numbers, and when to buy points.
What is a Point Spread?
A point spread is a number set by oddsmakers that represents the expected margin of victory. It handicaps the favorite and gives the underdog a head start, creating a roughly equal betting market on both sides.
Why Lines Move
Point spreads are not static. They change from their opening line to the closing line based on:
- Betting volume: Heavy action on one side causes the book to adjust to balance their liability.
- Sharp action: When professional bettors bet a side, books respect their opinion and move the line quickly.
- Injury reports: A star player being ruled out can move a spread by 1-3 points.
- Weather: Wind and precipitation in outdoor games can impact totals and spreads.
Key Numbers by Sport
| Sport | Key Numbers | Why |
|---|---|---|
| NFL | 3, 7, 6, 10, 14 | Field goals (3), touchdowns (7) |
| NBA | Less pronounced | Higher scoring reduces key number impact |
| MLB | 1, 2 (run line) | Standard run line is 1.5 |
| NHL | 1, 2 (puck line) | Standard puck line is 1.5 |
Buying Points
Many sportsbooks let you "buy" points by accepting worse odds to move the spread in your favor. The standard cost is -10 cents per half point (e.g., moving from -110 to -120 for a half-point).
Try our Spread & Moneyline Calculator to see break-even rates and payouts for any spread.