How to Win a Point Spread Bet

How to win a Point Spread Bet

Last updated on August 3rd, 2022

If you know anything about sports betting, it is that it comes in various forms. You have so many sports wagers to choose from.


One type of sports betting that’s becoming popular is point spread betting. This could be because of how it’s commonly used in basketball or is usually known as handicap betting in football. Read more below to help you on how to win a point spread bet.


Spread Betting 

Courtesy of Street Bettings


What is the meaning of Point Spread Betting?


A point spread equalizes a matchup between two unbalanced teams. We all know that sometimes, the teams playing against each other are not equal in skills and strengths.


To keep the betting interesting, sportsbooks make a point spread for each game. This will give each playing team an almost even chance of winning.


When it comes to point spread betting, the better team will be known as the favourite. They are listed as the minus (-) in the point spread. On the other hand, the opponent teams are known as the underdog and are listed as the plus (+). 


If you choose the favourite, you need to win by the point spread given by your online bookmaker. For those who chose the underdog, they either need to win the game or lose by an amount that is less than the point spread given.



Point Spread Basketball

Courtesy of Online Betting


Take the Boston Celtics vs Miami Heat betting odds above as an example. The point spread is (-/+) 5.


In this case, if you bet on Miami Heat winning, they must win by six points and above for you to also win the bet. While if you bet on the Celtics, you will win the bet if they win the game outright or lose by only four points or less. 


A key upside associated with using point spread betting is that it can substantially boost odds to make bets viable and so they represent value, which is especially useful when the Moneyline doesn’t look appealing.


Because one team will usually be considered better than the other, if you do your research on some key numbers, this can allow you to identify value and recognize when you can gain an edge on the bookmakers. Here are a few tips for point spread betting you can apply.


Tips for a Successful Point Spread Betting


#1 Make Use of Welcome Bonuses


If you are serious about sports betting, you should open an account with an online betting service.  Most of them offer sign-up bonuses and other promotional offers.


You can use these as extra money that you can wager with. You can also try to register with many betting sites so that you can have several potential returns. But, remember to choose those that are reputable.



#2 Compare Odds and Lines with Different Betting Sites


Aside from making use of the bonuses that you’ll get by registering in multiple betting sites, you can also use these sites to your advantage by comparing their point spreads and betting lines.


So, by checking them out, you’ll know which sites offer the most favourable ones. If this is too time-consuming for you, you can always use a sportsbook aggregator platform.


#3 Don’t Jump to Conclusions


Most beginners make the mistake of getting excited and betting on lots of favourite or superior teams.


This does not always work for the most part since the very purpose of point spreads is to make it an even playing field. That’s why it’s always going to have 50/50 propositions. 


So either you choose matchups of teams with big gaps in skills and bet on the favourite, or select those with small gaps and bet on the underdog. The last one is especially tricky but can be a good source of value bets for point spread betting.


If you want a reliable sports betting site for your point spread betting and other betting strategies, come check us out. Make the most of your bets, register with VOdds now.

Be one step ahead of your game by receiving our latest sports news and betting tips!
Recent Blogs




  1. Participants should have an active social media account. Social media platforms included in this program are as follows:
    1. Twitter
    2. Instagram
    3. VK
  2. To qualify, you must follow the mechanics required in ANY of these platforms:
    1. Twitter
      1. Participants must follow Vodds’ official Twitter account
      2. Like the tweet related to March Madness
      3. Quote retweet post with answer and hashtags #VOdds #marchmadness
    2. Instagram
      1. Participants must follow Vodds’ official Instagram account
      2. Like the post related to March Madness
      3. Share the post on story with answer and hashtags #VOdds #marchmadness
      4. Mention/Tag @vodds_official on your story
    3. VK
      1. Participants must follow Vodds’ official VK account
      2. Like the post related to March Madness
      3. Share the post on your profile with answer and hashtags #VOdds #marchmadness
  3. Other requirements:
    1. Shared posts (excluding stories) should not be deleted until the end of the campaign
    2. Social media accounts should be in public for post verification
  4. Winner selection
    1. Announcement of winners will be at 2 PM GMT+8
    2. There will be daily and grand prizes at the end of the campaign
    3. Daily winners will be draw randomly using
    4. Participants can join as many times as they want but only 1 entry per day
    5. Entries accumulated during the campaign will be added and draw at the end of the campaign for the Grand Prize
    6. Confirmed winners will be contacted and will be requested to provide the ff.
      1. Full Name
      2. Email Address
      3. Mobile Number
      4. Country
      5. Payment Method (please see the list of available payment channels here)
  5. Prizes & Withdrawal guidelines
    1. 3 random winners will win 10 USD on daily games
    2. 3 random winners will win 50 USD on the final four stage
    3. A total of 200 USD will be awarded at the end of the campaign to the grand prize winner.
    4. Prizes will be added to your VOdds account and can be withdrawn after completing of the turnover requirements
  6. Other terms & conditions
    1. This offer is valid to new customers of VOdds and existing users who have not previously deposited and can be availed from the period of March 9 – April 5, 2022 only.
    2. You must have settled bets of up to 5X of the prize before your winnings and prizes become withdrawable.
    3. Prize will be converted to your VOdds account currency using rate.
    4. This offer only applies to bets placed via VOdds website. Bets that are placed using our API will not qualify for this offer.
    5. Bets placed on Positional Orders will not qualify.
    6. If the requirements for this offer have not been met within 30 days from your first deposit, the promotion will expire.
    7. All qualifying bets must be settled before the promotion’s expiry.
    8. If you cancel your bonus after you enter the promotion or before you complete the requirements, the offer shall be forfeited.
    9. This offer cannot be used in conjunction with any other offers. You can only have one active bonus at a time. VOdds reserves the right to limit the eligibility or cancel any offer to any customer.
    10. This offer is strictly limited to one per person, family, household address, email address, telephone number, same payment account number (e.g. SKRILL, NETELLER, etc), and shared computer (e.g. public library or workplace).
    11. In case of canceled, voided, rejected, or non-runner bets, stakes will be put back into the original wallets and wagering progress is reverted.
    12. If any terms of the offer are breached (or there is any evidence of multiple bets placed by a customer from any other promotional offer resulting in guaranteed customer profits regardless of the outcome), VOdds reserves the right to reclaim the bonus or void any bets funded by the promotion.
    13. These terms and conditions operate in conjunction with VOdds’ General Terms and Conditions.