But if any of your selections fail to win or cover the point spread, your ticket is toast. The more teams you include, the more money you can potentially win. Betting on the underdog with the point spread allows that team to lose the contest, as long as it's not by more than the posted number.Ī parlay is a multi-wager bet that requires all of the legs to win in order for you to cash your ticket.
Betting on the favorite with the point spread requires that team to win the contest by a minimum number of points. The easiest bet out there, but also the most difficult to separate your heart from your brain.Ī point spread is a bet on the margin of victory in a game. A $100 bet on a +200 underdog would profit $200 and you collect $300. If you are betting on the underdog, the number that you see is the amount that you would win off a $100 bet. Say you're using our free NFL picks and are betting on a -200 favorite, you need to lay $200 to profit $100, and you would collect $300. If you are looking to play the favorite on the moneyline, the number you see is the number that you need to lay in order to win $100. Conversely, betting on an underdog on the moneyline will earn a larger profit.
Since there is no point spread involved, betting on the favorite requires you to bet more to win a desired amount on the moneyline. Betting on the moneyline means you're just picking the winner of the game.