![]() The moneyline bet is the most simple form of sports betting. ![]() So, on the flip side, if you wagered on the Bulls, you have two avenues to cashing your ticket: 1) Win the game outright 2) Lose by a margin of 12 points or less. The spread of this game is 12.5 points, which means if you wagered your money on the Lakers, they would be required to defeat the Bulls by more than 12 points in order for you to cash your ticket. The Bulls are the underdog and the Lakers are the favorites. If we opened up our favorite sportsbook, let’s say we found the line as: Chicago Bulls (+12.5) vs. The better team is considered the “favorite,” which makes the worse team the “underdog.” If the Los Angeles Lakers are playing the Chicago Bulls, it’s no secret the Lakers are by far the better team and will win the game at a much higher rate than the Bulls. The spread is created to basically level the playing field of a specific game or matchup. Many of the most popular sports that are wagered upon like football and basketball use point spreads. A spread, or, point spread, is one of the most popular forms of sports betting.
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