Point spread betting is a bet designed to give each team an equal chance of winning a particular game by taking points off the team that is favored.
The point spread does include overtime for all major sports except tournament soccer. This means that the game’s final score, after overtime, determines the bet’s outcome. However, if you are betting on a specific quarter, period, or inning, that bet does not include overtime.
This blog post aims to delve deeper into the intricacies of point spread betting and its relationship with overtime.
A point spread wager is a type of bet designed to level the playing field between two teams by assigning a “spread” to the game. This spread is created by bookmakers and is designed to give both teams an approximately equal chance of winning in the eyes of bettors.
Point spread betting is one of the most popular forms of wagering on sports, especially in American sports like football and basketball.
The team expected to win, or the “favorite,” has points deducted from its final score, while the ‘underdog,’ the team expected to lose, has points added.
As a comparison, moneyline betting involves simply choosing which team or player will win a game or match. At the same time, point spread betting involves wagering on the margin of victory or defeat for a team in a game, with the favorite being assigned a negative point spread and the underdog a positive one.
For instance, if 5.5 points against the Boston Celtics favor the New York Knicks, they must win by 6 or more points to cover the spread. On the other hand, the Celtics could either win outright or lose by 5 or fewer points to cover the spread.
Overtime is an additional period of play used to decide the winner of a game that ends in a tie after regulation. The rules and duration of overtime vary between different sports. For instance, in the NFL, a 10-minute sudden-death period is played, with the team scoring first declared the winner. In the NBA, a 5-minute overtime period is played, and the team with the most points at the end of this period wins.
In the context of betting, overtime can significantly impact the outcome. The additional period of play provides an opportunity for a team to cover the spread or for the underdog to win outright, which can lead to some thrilling finishes for both the game and your bet.
The question often arises, does the spread count in overtime? The answer is: Yes, it does, for most sports.
This means that the game’s final score after any overtime periods have been played is used to determine the outcome of point-spread bets. Therefore, if you’ve bet on a team to cover a spread, your bet is still alive during overtime.
However, it’s important to note that if you are betting on a specific quarter, period, or inning, that bet does not include overtime. These bets are settled at the end of the specified period.
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