what does a cover bet mean

A handicap of the point spread value is given to the favourite team so bettors can choose sides at equal odds. Cover bets can be very good value and Bet365 often get their pricing wrong IMO.

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What Exactly Does Cover the Spread Mean.

. In some matchups the two teams are rated equal by the oddsmakers and theres no points in the point spread -- the game is a Pkem. You wager 110 on the Chiefs to cover the spread. Cover the spread means that a favourite wins an event with the handicap taken into account or the underdog wins with additional points.

Either the favorite won the game by the spread amount or more or that the underdog was able to stay within the spread amount or better. Points may be given or taken to equalize a bet or bets may be made that the difference will be larger or smaller than the estimate. Another use of the word cover is to make a cover bet.

The spread is the difference in points scored by opposing teams in an athletic competition. How Does a Bet Cover the Spread. This provides the basis for wagering.

In spread betting the odds are usually equal for both teams. Cover bets Insurebets name depends upon the bookie always just pay your stake back if 2nd3rd4th depends upon the market Bet365 also do place-only bets dont confuse the two. The spread is also known as the line or morning line.

In the UK cover can refer to covering a bet which simply means having enough money to pay out on a bet. In case of outsider wins draws half time-full time selections or even correct scores you can get some money even with two wins no matter how many you have built together. To put it another way cover bets offer you some cover in case the horse or dog or whatever.

But you are wrong and the Chiefs only win by three 17-14 which means they fail to cover as a 75-point favorite. A traditional bookmaker would be the party covering the bets as they are assuming the liability on the lay side of the wager. If you like chasing high odds full cover bets are for you as you can ensure profit with the absolute minimum of winning bets.

When two teams match up one is an underdog and one is a favorite. LSU -55 was posted as the point spread favorite against Clemson 55 during the 2020 NCAA football National Championship game. It covers all possible outcomes of the things that youve bet on giving you 15 bets in the form of Singles Doubles Trebles and a fourfold acca.

You win 100 and your total payout would be 210. To cover a bet means have the money to pay if you lose. That means LSU needed to not.

This involves a safer. In sports betting to cover the spread means to win a point spread bet. You can place your chip to cover three numbers.

This means the Broncos cover the point spread and you lose 110. A cover bet meanwhile is using the word cover in the sense of offering you a form of insurance. Profit with few wins.

When a team wins with the bet after the application of the point spread the team covers the spread. Report Mr Magoo September 14 2012 230 PM BST. The point spread is an estimate of the final point difference between the teams in an event.

When you hear the phrase cover it. With our simple guide youll see cover spread explained and be able to join in with the world of spread betting. Or should I consider the meaning of the verb cover in the context of a bet roulette etc as in.

When betting the spread the favorites spread will have a. Spread betting allows greater value to favourites. The bet here is the fallacy called Pascals Wager after the.

When referring to a team covering the spread this means one of two things. A point spread is. Covering the spread is when a team wins taking into account any handicap.

Thus the team which wins straight-up will bet the winner of the point spread bet. Covering the spread means the team winning by a pre-set margin or losing by less than a pre-set certain amount depending on whether you bet the favorite or underdog. What Does Cover the Spread Mean.

Only one team can cover the spread for each contest.

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