A point spread bet is a bet on the margin of victory in a game. The better team or player will be favored by a certain number of points, depending on the perceived gap in ability between the two teams. A minus sign (-) means that team is the favorite, so they will need to win by more than the point spread to win the bet. A plus sign (+) means that team is the underdog, so they need to either win the game outright or lose by less than the point spread to win the bet.
For example, let's say that Tennessee is playing against Florida this weekend. The point spread is the Volunteers -3.5, which means they are favored. The Vols need to win by 4 points or more for their bettors to win the bet. On the flip side, the Gators are +3.5, which means they are the underdogs. So, they need to either lose by 1-3 points or win the game to cover the spread. If their of those things happen, their bettors win the bet. So if the final score of the game is 27-20 and you bet on Tennessee, you would win the bet. However, if Tennessee wins by a final score of 24-21, you would lose your bet.
If the point spread is a whole number, like Florida +3 and Tennessee wins by exactly 3 points, it’s a tie, commonly known as a push, and all bets are refunded.
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