The point spread is the most popular bet type in American football and basketball. It equalises the contest by giving the underdog a virtual points advantage before kick-off, creating a roughly 50/50 proposition on each side.
How the Spread Works
When the Dallas Cowboys are listed at -6.5 against the New York Giants at +6.5:
- Cowboys -6.5: Dallas must win by 7+ points for your bet to win
- Giants +6.5: New York can lose by up to 6 points and your bet still wins; any Giants win also covers
Both sides are typically priced at -110 (1.91 decimal), meaning you risk £110 to win £100 profit.
Whole Numbers and the Push
When a spread lands on a whole number (e.g., -7), a push is possible. If the favourite wins by exactly 7, all bets are refunded. Bookmakers increasingly use half-point spreads to eliminate pushes, though key numbers in NFL betting (3, 7, 10) still frequently appear as whole numbers.
Spread vs European Handicap
The point spread and European/Asian handicap serve the same purpose. The differences are largely presentational:
- US spreads: Usually -110/-110 on both sides
- European handicap: Odds vary on each side (e.g., -6.5 at 1.85 / +6.5 at 1.95)
- Asian handicap: Offers split lines (e.g., -6.0/-6.5) for partial wins/losses
If you understand handicap betting, you already understand spreads. The concept of a virtual advantage given to one team is identical.
Reading ATS Records
ATS (Against The Spread) records are central to US sports analysis. A team's ATS record tells you how often they beat the bookmaker's expectation — not just whether they win.
A team can be 12-3 straight-up (winning 12 of 15 games) but only 8-7 ATS if bookmakers accurately price their superiority. The ATS record reveals whether the market consistently overvalues or undervalues a team.
Line Movement
Spreads are not static. They open at a number set by the bookmaker's models and move based on:
- Betting volume: Heavy action on one side pushes the line
- Sharp money: Respected bettors placing large wagers
- News: Injuries, lineup changes, weather
Tracking line movement helps identify where the sharp money is going.
Getting Started
Most UK bookmakers offer handicap markets that function identically to US spreads. When consuming American sports content that references spreads, simply treat them as handicap bets at standard -110 pricing. The language is different; the maths is the same.