2. Spreads
2. Spreads There are two main ways to bet on a favorite or an underdog. The first is the point spread, which is a bet on the margin of victory. Let's use the same example from FanDuel. The Eagles are a -4.5 favorite over the Lions in Week 1. That means anyone betting on Philadelphia needs the Eagles to win by 5 or more points. Anyone betting on Detroit needs the Lions to lose by 1-4 points or win the game. • Eagles win by 7: Eagles bettors win • Eagles win by 3: Lions bettors win • Lions win by 3: Lions bettors win Point spreads are adjusted for team ability and many other factors. That's why the Colts are an 8-point favorite on the road against the lowly Texans, while the Eagles are a smaller favorite on the road against the Lions. Spreads are available in every sport but most common in higher-scoring sports like basketball and football. If you need an instructional video then watch this: https://youtu.be/Ef8_ZzZQaNc?si=y77rSPy7PrJhWRBc
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