How to Read Point Spreads

A point spread is a handicap that makes both sides of a game close to a 50/50 proposition for bettors. Once you understand favorites, underdogs, and pushes, spreads become simple.

What a point spread means

The favorite “gives” points. The underdog “gets” points.

If a team is -3.5, they must win by 4+ points for that bet to cash.

Favorite vs underdog examples

BetWhat must happen?
Team A -3.5Team A wins by 4 or more
Team B +3.5Team B wins OR loses by 3 or less

What is a push?

A push happens when the final margin lands exactly on the spread and the sportsbook refunds the bet.

Example: Team A -3 and they win by exactly 3 → push (refund).

Half-points avoid pushes

Lines like -3.5 or +7.5 eliminate pushes, but they change the true odds.

That’s why moving from -3 to -3.5 can be a big deal in certain sports (NFL is a classic example).

How to evaluate a spread

  1. Convert the odds into implied probability.
  2. Estimate how often your side covers.
  3. Bet only when the price is good enough (EV positive).

FAQ

Why are spreads often priced at -110?

The -110 is the sportsbook’s standard commission (juice) on many spread markets.

Is +3.5 better than +3?

Usually yes, because the half-point protects you from losing on a 3-point final margin.

What does ‘cover the spread’ mean?

It means your team’s adjusted score (after adding/subtracting the spread) is better than the opponent’s.

Related next steps