Let’s use the last Super Bowl betting as an example. The underdog spread comes with a plus sign (+) next to their point spread. The bettor wins if the underdog triumphs or loses by a smaller amount than the point spread. The team with the lesser opportunity to win is labeled the underdog. The favored team will have a minus sign (-) attached to the point spread. ![]() They will have to win by the point spread set by the sportsbook. The better team is the favorite, according to the bookmakers. ![]() In other words, it gives bettors a reason to risk their money on both teams. Therefore, the point spread was created to even the chance for each team to win the bet. Some are stronger than others, and that is a problem for bettors and sportsbooks. ![]() The point spread is the ultimate equalizer for oddsmakers.
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