What Does Spread Mean in Betting?

What Is a Spread in Sports Betting?

A spread also known as a point spread — is a tool used by sportsbooks to make a matchup between two teams more balanced from a betting perspective. Instead of simply picking which team will win, bettors are challenged to predict by how much the favorite will win—or whether the underdog can keep the game close.

Let’s say Team A is listed at -3.5. That means they need to win by at least 4 points for the bet to cash. On the flip side, if Team B is at +3.5, they can lose by up to 3 points or win outright and still be considered a winning pick. The spread, in this case, creates a more even playing field for betting purposes, especially when there’s a clear gap in strength between the two sides. This format not only adds nuance to betting decisions, but also creates more engaging experiences, since bettors must think beyond just the final result.

How Does a Spread Bet Work?

When placing a spread bet, you’re essentially betting on the margin of victory or defeat. The favorite must cover the spread by winning with a certain cushion, while the underdog can either win or lose within the allowed margin.

For example, in an NBA game:

Los Angeles Lakers -8 vs. Chicago Bulls +8

A bet on the Lakers only wins if they win by 9 points or more. If they win by exactly 8, the bet is a push—your stake is refunded. If they win by 6 or fewer (or lose the game), the bet loses. Conversely, betting on the Bulls pays off if they lose by 7 or fewer, or win outright.

To avoid the possibility of a push, sportsbooks often use half-point spreads (e.g., -6.5 or +4.5), which eliminate the chance of a tie in spread betting.

Why Do Sportsbooks Use Spreads?

The point spread exists primarily to balance betting action on both teams. If sportsbooks offered only moneyline bets, most people would naturally back the stronger team creating one-sided action and financial risk for the bookmaker.

By setting a spread, bookmakers can make betting more attractive on both sides. A strong team might be favored by several points, giving the underdog a perceived advantage. This not only helps level the field for bettors, but also allows the sportsbook to manage risk and secure a steady margin through the vig—the fee collected on losing bets.

What Is a Handicap in Betting?

The concept of a handicap is closely related to the spread and is especially common in soccer and international markets. The idea is the same: balance the matchup by giving one team a theoretical head start.

There are two main types: European Handicap, which includes the possibility of a draw. This version is popular in soccer markets, and Asian Handicap, which removes the draw entirely and uses quarter or half-goal increments (like -1.5 or +0.5), making it easier to determine a clear winner or loser for betting purposes.

For example, if Arsenal plays West Ham and has a -1.0 Asian Handicap, they must win by two or more goals. A one-goal win results in a push. A draw or loss means the bet fails. These markets offer more nuanced betting opportunities, especially in lower-scoring sports like soccer.

How to Improve Your Spread Betting Strategy

There’s no foolproof way to beat the spread every time, but smart bettors look beyond the surface. It starts with analyzing the matchup — team form, injuries, weather, and even coaching trends can tip the balance.

Equally important is understanding the value of the spread. Is the favorite being overhyped? Has the underdog quietly improved? If public sentiment is skewing the line, you might find value betting against the crowd.

It also pays to track line movement. Spreads shift based on new information or heavy betting on one side. If the line suddenly moves in favor of the underdog, it might indicate sharp money coming in—bettors who are known for making profitable, data-driven decisions.

Finally, approach spread betting with discipline. Avoid going all-in on a single pick. Stick to teams and leagues you know, start small, and focus on consistency rather than quick wins.