Point spreads (also referred to as lines or handicaps) are also accompanied by odds. Most point spreads will have odds at or around -110.
For example, if Indiana and Chicago are playing a basketball game and the line is -5.5 for Indiana, they would need to win by 6 or more points to ‘cover.’ If Indiana wins 105-100, bets on them to cover would lose.
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Example: +100, -350
Example: 1.30, 3.50
Example: 10/11, 3/1
Example: 51%, 81.7%
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