Spread Betting Guide New Zealanders

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Spread Betting Guide New Zealanders 2019-06-27T13:05:34+00:00

Point spread gambling is the most popular type of sports bookmaking. The vast majority of sports bettors use point spread, and this is all thanks to the popularity of basketball and football. Even though this kind of betting is popular, it might take a while to understand. The point spread is also known as the equalizer for sportsbook operatives. All teams are not created equally, so sportsbooks are able to create a point spread for a match so that every team that plays has a nearly even chance to win the match.

The point spread gives bettors a reason to risk money on both the teams. The improved team playing is considered a favourite. They must win by the point spread that is offered by the sportsbook. The favourite in a match is listed as being minus (-) on the point spread. The inferior team that plays in the game is known as the underdog. The punter only wins if this team wins the match outright or even loses by a smaller amount than the point spread. The underdog in a match is listed as being plus (+) on the point spread.

Point spread betting

Best Sport Betting Sites NZ

Operator
Games
Payout
Bet Now
180+
GAMES
98.0%

Leo Vegas Sportsbook
200+
GAMES
97.6%
Spin Sports Sportsbook
150+
GAMES
98.0%
Karamba Sportsbook
150+
GAMES
98.5%
Guts Sportsbook
150+
GAMES
98.5%
William Hill Sportsbook
160+
GAMES
98.5%
22Bet Sportsbook
150+
GAMES
99.5%
Comeon Sportsbook
200+
GAMES
98.5%
Rizk Sportsbook
190+
GAMES
97.5%
Intertops Sportsbook
200+
GAMES
98.5%
Royal Panda Sportsbook
180+
GAMES
99.4%
10Bet Sportsbook

Point Spread Gambling Odds

Point spreads are typically set with -110 odds; however, pricing often varies at sportsbooks. This is also known as the sports betting sites operators’ house edge. The odds assure the sportsbook operative that they will see little money with time. If the odds are set at -110, then the bettor should bet $110 in order to win $100.

Point Spread and the Odds Movement

Sportsbook machinists often aim to have equal cash on both sides of the point spread. When the money is precisely split, the sportsbook operative will see the careful vigorish as their profit margin. If all are equal over time, then this will increase the amount of cash the sportsbook operator might make. The odds for a point spread may change before the real point spread. There are point spread numbers, such as 3 and 7 in soccer, the bookie would want to avoid to move away from since the final score margin falls on the two numbers often.

Run and Puck Lines

Basketball and Football games are regularly bet using a point spread. The less general major sports, hockey, and baseball are typically bet using a money line. In an effort to make hockey and baseball more attractive to point spread punters.

What if the Point Spread Result is a Tie?

This is a common incidence in sports gambling and is known as a “push.” When it happens, the sportsbook will refund punters with their money.

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