There are three components of a point spread wager: Taking the early example, if Oklahoma beats Kansas 51-21, a 30-point margin, Kansas would be a heavy loser but cover the spread. Where a moneyline bet involves picking one team to win outright (or a draw when offered as a potential outcome), the losing team in a point spread bet may still provide a win for bettors, depending on the score of the sporting event. Alternatively, a “push,” when the game result falls exactly on the point spread margin - results in a “voided” or “canceled” bet and means that bettors get their original wagers returned.Ī point spread bet differs from a moneyline bet because the outcome of a spread bet, for bettors, does not always mirror the final result of the sporting event.
That means a bet for $110 would win $100, or $11 would win $10, and so on. If bettors choose correctly and win, a sportsbook will pay the bettor in full amount based on the “price” of the wager, which is most commonly -110.