Introduction:
FanDuel is a very popular sports betting platform. The platform is very famous among sports bettors from the United States of America. FanDuel offers you different types of sports bettings, daily fantasy sports and other casino games. Now, if you are using FanDuel Sportsbook, then you may have come across the term “spread.” If you are a beginner in sports betting, then understanding what “spread” means is very important for you. It is because it is one of the most popular betting option.
Don’t you know what does spread means on FanDuel?. You need not to worry. In this article, I will be telling you everything about what the spread means on FanDuel?. I will also be telling you about how it works and the tips that make smarter betting decisions. It will benefit you whether you are betting on football, basketball or another sport. Then what are you waiting for?. Let’s start the article!
What Does Spread Mean on FanDuel?.
A “spread” in sports betting is also known as the point spread. It is a way by which you can handicap a game. It is because the spread adjusts the score to balance the odds between the favorite and the underdog.
The Favorite:
The favourite is the team that is expected to win in a specific sport. Remember that this team must win by a certain margin to cover the spread.
The Underdog:
The underdog is the team that is expected to lose. The underdogs can lose by a certain number of points. And you will still cover the spread.
You can see the spread in a positive (+) or negative (-) number next to each team’s name.
For example:
Let’s suppose that there are two teams named as Kansas City Chiefs and Las Vegas Raiders. Now, you will see the spread in the following manner:
- Kansas City Chiefs -7.5
- Las Vegas Raiders +7.5
In this example, the Chiefs are the favorites. And they must win by more than 7.5 points to cover the spread. The Raiders are the underdogs in this example. And they must either win or lose the game by fewer than 7.5 points. This is important for them to cover the spread.
How Does Spread Betting Work on FanDuel?:
If you are a sports bettor, then you should know how the spread betting works on Fanduel. This will benefit you while you are placing a bet. This spread betting works in the following way:
Understanding the Spread Odds:
First of all, it is very important for you to understand the spread odds. Now, when you are placing a spread bet on FanDuel, then you will notice odds like this:
- Chiefs -7.5 (-110)
- Raiders +7.5 (-110)
The number in parentheses (-110) shows your payout odds. Remember that for every $110 you bet, you will win $100 if your bet is correct. These odds are not fixed. They can vary depending on the game and the market conditions.
Betting on the Favorite:
If you bet on the favorite (Chiefs -7.5), then they will need to win by more than 7.5 points. If they win by exactly 7 points or less than that, then you will lose your bet.
Betting on the Underdog:
If you bet on the underdog (Raiders +7.5), then they can win outright by up to 7 points. They can also lose by up to 7 points. And will still win your bet.
Why Is Spread Betting Popular on FanDuel?.
Spread betting is very popular on FanDuel. It is because spread betting is one of the most common betting types. Keep in mind that spread betting makes any matchup more competitive. It does this due to the following reasons:
Equalizes the Odds:
If you go for the spread betting option, then it balances the betting field. This makes even the lopsided games more engaging and interesting.
Variety of Sports:
Spread betting is not limited to a specific type of sport. This option is available for a wide range of sports. Some of these sports include football, basketball and hockey and many more.
Potential Payouts:
It is true that there are good potential payouts in spread betting. This option can offer you attractive returns. But you can win it with proper research and analysis. So have your homework in the beginning. And then you will be able to win more money with a spread betting option.
Sports and Spread Betting on FanDuel:
Spread betting option is available for most of the sports on FanDuel. Some of the major sports among them include:
Football Spread Betting:
Football is one of the most famous sports in the world. FanDuel offers you to bet on it on the platform. The spread option is also available for it here. Keep in mind that spread betting is especially popular in the NFL and college football. So you can also use it for them. And you can win a good amount of money.
For Example:
You can better understand how to use spread betting in football by this example. Let’s suppose there are two teams with the following odds:
- New England Patriots -3.5
- Miami Dolphins +3.5
In this example, the Patriots must win by more than 3.5 points. They will need the points to cover the spread. On the other hand, the Dolphins can lose by 3 points. They can also win outright to cover the spread.
Basketball Spread Betting:
Basketball is also a famous sport option on FanDuel. You can use the spread option here too. This option is very famous in basketball games, particularly in the NBA. If you use it after proper research, then it can yield you a nice amount of money.
For Example:
You can better understand how to use spread betting in basketball by this example. Let’s suppose there are two teams with the following odds:
- Golden State Warriors -6.5
- Los Angeles Lakers +6.5
In this example, the Warriors must win by at least 7 points. They will need these points to cover the spread.
You should also read: What does “void” mean on Fanduel
Other Sports:
It is true that football and basketball are the most popular sports options for spread betting. But you will also find spreads in hockey matches, soccer, and baseball games as well. You can use this option for these sports on FanDuel. And it will enable you to win a nice amount of money.
How to Place a Spread Bet on FanDuel:
If you want to place a spread bet, then you should follow these steps:
- First of all, you should login in to your FanDuel’s Sportsbook account.
- After that, you should browse the list of available games. In it, you should choose the game you want to bet on.
- Next, you should click on that game. Now, you should look for the point spread under the game’s betting options.
- You should choose your bet now. To do it, you should click on your favourite or the underdog team. And you should place your spread bet.
- Finally, you should enter your stake. You should decide how much you want to bet and confirm your wager. Be ready to win a handsome amount of money.
Conclusion:
FanDuel is a very famous sports betting platform. The platform offers different types of betting options. One of them is the spread betting option. It is a good betting option. But you should understand what “spread” means before you place your bets on FanDuel. Spread betting adds more excitement to games. It does it by leveling the playing field between the favorite and the underdog. This option is available for different sports like football, basketball, hockey and many more. So if you master spreads, then it can make your betting experience more enjoyable. I will be more potentially profitable for you as well.
FAQS:
Q: What does a -7.5 spread mean on FanDuel?.
Ans: A -7.5 spread means that the favorite team must win by more than 7.5 points. And then you will win your bet.
Q: Can I bet on the spread for any sport on FanDuel?.
Ans: It is true that spread betting is available for most of the popular sports like football, basketball, hockey, and more. But it is not available for all the sports.
Q: What happens if the favorite wins but doesn’t cover the spread?.
Ans: If the favorite wins but does not cover the spread, then the spread bets on the underdog will win.
Q: How do half-points in spreads work?.
Ans: Half-points eliminate ties (or pushes) in spreads.
