Spread betting is a common way to level the playing field between two mismatched teams. It’s popular in various sports worldwide, including cricket and football, which are particularly beloved in Bangladesh. This guide will help you understand how spread betting works and how you can use it to your advantage.
What Is Point Spread Betting?
Point spread betting aims to create a balanced competition between two teams. Instead of simply picking a team to win, the margin of victory determines the outcome of your bet. This is often referred to as “betting against the spread” (ATS). In this context, a negative (-) number indicates the favorite, and a positive (+) number indicates the underdog.
How Point Spreads Work in Cricket and Football
Cricket
In cricket, the point spread might be applied to runs or wickets. For instance, if Bangladesh is playing against India, a point spread could be set at Bangladesh -10.5 runs. This means Bangladesh would need to win by more than 10.5 runs for a bet on them to pay out.
Football
In football, the point spread could be set at -1.5 goals for the favorite team. For example, if the spread is Bangladesh -1.5 against a regional team, Bangladesh must win by at least 2 goals for the bet to be successful.
How to Win Against the Spread
To win a bet against the spread, the favorite must exceed the point spread, while the underdog must not lose by more than the spread. Here’s an example using cricket:
Example:
- Bangladesh (-10.5) vs. India (+10.5)
- If Bangladesh wins by 11 runs or more, a bet on Bangladesh wins.
- If Bangladesh wins by 10 runs or fewer, or loses, a bet on India wins.
Factors That Can Change the Point Spread
Point spreads can change based on betting patterns and player conditions. For example, if a key player from Bangladesh gets injured before a cricket match, the spread might adjust to reflect this new information. Always stay updated on team news and player statuses to make informed bets.
Calculating Payouts Against the Spread
Payouts in spread betting usually involve a standard moneyline payout, often seen as -110. This means you need to bet $110 to win $100. Sometimes, you might find better odds like -105, which is more favorable for bettors.
Spread Betting in Other Popular Bangladeshi Sports
Kabaddi
In Kabaddi, spreads might be based on points or rounds won. A spread might be set at -5.5 points for the favorite team.
Hockey
In hockey, the spread is often set at -1.5 goals. If Bangladesh is playing, they must win by at least 2 goals to cover the spread.
Conclusion
Understanding and utilizing spread betting can give you a strategic edge in sports betting. By staying informed about the sports and teams you are betting on, especially in popular Bangladeshi sports like cricket and football, you can make more educated and potentially profitable bets.