![]() Conversely, underdog Kansas City can cover by either winning the game outright, or losing by less than 2 points. Prices on Super Bowl bets can vary significantly, so it pays to shop around to get the lowest price you can before making a bet.īeating the spread is known as “covering.” For the Eagles to cover their spread of 1.5 points, they must win the game by 2 or more points. ![]() That way, the oddsmakers are guaranteed a profit through a cut of the action, called the vigorish, or “vig.” (Many books, hoping to sound less wiseguy-ish, call it “the price.”) Most sportsbooks will keep 10% or more of a winning bet before paying you the rest, but they keep 100% of all losing bets. Rather, it is a number designed to generate as close to an equal number of bets on both sides as possible. Contrary to popular belief, the point spread is not a consensus on how many points oddsmakers think one team will win by.
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