Online Spread Betting
Team Spread Money Line Total Points Team Points; Sunday, Feb 07, 2021 - NFL Football Game 06:30 PM: 101: Kansas City Chiefs. What is spread betting? Spread betting is a way to take advantage of opportunities on rising or falling markets – without having to buy the underlying assets. It’s popular in the UK and Ireland because profits are tax-free. We invented financial spread betting in 1974, and today enable you to take trade over 17,000 markets.
MyBookie Sportsbook & Casino is the top Online Sports Betting destination in the world created to cater all type of bettors. As a fully licensed online betting site, we provide customers a qualified and professional service complete with betting. The majority of spread betting brokers offer credit cards, bank transfer and online payment services such as Neteller or Skrill. Credit cards are still the most popular means of payment, as transactions are uncomplicated and able to be processed within a short time. Bank transfers, while secure, usually take several days to process. Oct 05, 2016 Make Money Online Through Spread Betting We are living in an information loaded internet age. We can make money online through spread betting. Of course, there are so many options wide open before us or let me say, in this vast ocean called the Internet such opportunities are plenty.
The Tampa Bay Buccaneers and Kansas City Chiefs are set to play in the 2021 Super Bowl Sunday with kickoff scheduled for 6:30 p.m. ET at Raymond James Stadium in Tampa, Fla. SportsbookWire has you covered with picks and predictions for all the best bets in Super Bowl LV. Below, we’ll look at the updated odds and lines for the Big Game, break down the line movement at BetMGM Sportsbook and highlight some of the biggest bets placed on Super Bowl 55.
This is expected to be one of the most-heavily bet Super Bowls ever with the spreading legalization of online and mobile sports betting at legal sportsbooks in the United States.
Also see:Chiefs vs. Buccaneers odds, picks and prediction
2021 Super Bowl odds and lines
Odds via BetMGM; access USA TODAY Sports’ betting odds for a full list. Lines last updated Saturday at 3:40 p.m. ET.
Money line: Chiefs -160 (bet $160 to win $100) Buccaneers +135 (bet $100 to win $135)Against the spread/ATS: Chiefs -3 (-115) Buccaneers +3 (-105)Over/Under: 56.5 (O: -110 U: -110)Special Betting Promotion!
BET $1, WIN $100 (in free bets) if the team you bet on in the Big Game wins. Offer available in CO, IA, IN, MI, NJ, PA, TN, VA and WV. Place all of your legal, online sports bets at BetMGM! Terms and conditions apply. Bet on the Big Game now!
2021 Super Bowl line movement
Also see:Bet Slippin’ Podcast
Super Bowl spread
The Chiefs are the public’s favorite for Super Bowl 55 with 60% of against the spread bets placed on Kansas City. The Chiefs opened as 3.5-point favorites but some big bets placed on the Buccaneers have dropped the line to a flat 3 points with 52% of the 2021 Super Bowl betting handle placed on Tampa Bay.
The Chiefs still need to win by at least 4 points in order to cover the spread. A win by exactly 3 points now results in a push and all ATS bets being refunded instead of a 3-point loss counting as an ATS win for the Buccaneers.
Super Bowl Over/Under
Unlike the spread, sharps and the public are aligned with the total. BetMGM reports 66% of O/U tickets and 62% of the handle are both on the Over; however, the line has dropped from an opener of 57.5 to 56.5.
The Chiefs and Buccaneers combining to score 57 or more points is a win for those holding Over tickets on the current total and a final score adding up to 56 or fewer points is a win for the Under.
Special NFL Betting Offer
BET $1 on Buccaneers money line, WIN $100 (in free bets) if Tom Brady throws a TD pass against the Chiefs. Offer available in CO, IA, IN, MI, NJ, PA, TN, VA and WV. Place all of your legal, online sports bets at BetMGM! Terms and conditions apply. Bet on Bucs now!
2021 Super Bowl notable bets
Also see:$2.3M bet placed on Bucs to cover
$2.3 million to win $2 million on Buccaneers +3.5$345K to win $300K Buccaneers +3.5 (-115)$205K to win $186,363.65 Chiefs/Bucs under 56.5$180K to win $100K on Chiefs (-180) money line$115K to win $100K on Chiefs -3.5 (-115)$110K to win $100K on Chiefs -3.5 (-110)Don’t miss: Play our new, free daily Pick’em Challenge and win! Play now!
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Point Spread betting is basically betting by how much a certain team will win or lose. The whole concept of point spreads is based on the principle of underdogs and favorites. The favorites (a team that is expected to win) “lays” points to the underdog (a team that is expected to lose) to make up the difference in equality. Do not confuse it with over/under betting, where you are betting whether the total score of the teams will be over or under a predicted amount (see our Basketball Over/Under Betting article). The whole point is to provide an incentive for the bettors to wager on the underdogs and balance the sides on betting a little.
* Please see illustration below to help understand point spread bets, text explanation follows.
(-110) Line
Unless specified otherwise, it is always assumed that the money line for spreads is (-110). That is, if you bet $110 on either of the teams, you will get $100 back. Once in awhile you will see different money lines for different spreads. This will most likely happen in some kind of alternative bets, like proposition wagers.
Point Spread Examples:
– Boston Celtics are playing against Miami Heat in the NBA playoffs.
- Boston Celtics (+5)
- Miami Heat (-5)
If you are betting on Boston, then they have to win by 5 points for you to win. For example, if the final score is 96-90 for Boston, then Celtics won by 6 points, which is larger than 5; thus, if you bet $110 on Boston, you will win $100 profit, assuming that it is a standard (-110) line.
If you are betting on the Miami Heat, then they can lose by no more than 5 points – or win. For example, if the final score is 103-100 for Boston, then Miami Heat only lost by 3 points. 3 is less than the 5 point spread, so you will win $100 profit if you bet $110.
A “Push”
In the above example, if the final score is 105-100 for the Celtics, then the spread is exactly 5 points. Thus, Boston did not win by more than 5 points, but instead, they “tied” it. In such cases, sportsbooks have to return the wagers to the bettors.
To prevent this, a lot of the times sportsbooks will utilize a 0.5 element. That is, they will show the same odds as:
- Boston Celtics (+5.5)
- Miami Heat (-5.5)
Spread Betting Stock Market
In this case, Boston has to win by more than 5 points and Miami could lose by 5 or less points, for it to happen. If the spread is 105-100 for Boston, those who bet on Miami will win the spread.
Basketball Point Spread Betting Tips and Strategies
Point spreads are the most widely available type of bet in basketball. A lot of the time, the best spreads will be the biggest ones. It sounds counter-intuitive at first but it is rather easy to grasp once you get a hang of it. Will the Bulls lose to the Lakers by less than 1 point or by less than 20 points? If you are betting that the Bulls are going to lose by less than 20 points, then they can still lose by that 1 point and your bet will be a winner. Hence, look at different sportsbooks and find the biggest spreads. The money line for it will most likely be at (-110) anyways, so you will be getting the same money for a higher probability of winning.
Be Objective
Online Spreadsheet
Another important basketball point spread betting tip is to always stay objective. Many basketball fans tend to let their emotions get in the way of their wagers. For example, Notre Dame is playing UCLA in the NCAA playoffs. Maybe you went to Notre Dame and you are a huge fan of their basketball team. Clearly you are biased towards that team. Even if you know that Notre Dame might lose, you are inclined to bet on them regardless of any spreads, simply because you like them. That is a subjective bet that will lead you to losing money. The best thing to do when you know that you have a bias towards a certain team is to stay away from that bet entirely; think strategically and not emotionally when dealing with money.