How point spread betting works at Gamdom

Point spread betting has gained widespread acceptance in the sports betting landscape. Get your bets in for a variety of sports here at Gamdom and discover how this form of betting can maximise your potential payouts.

This form of betting might sound easy and exciting for beginner and veteran punters, however, it requires you to consider not just who will win but by how much. If you’re new to point spread betting, this guide will walk you through its nuances, from how it works to how you can make successful wagers.

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How does point spread betting work?

What is point spread betting? Here, the favourite must win by a certain number of points otherwise known as the point spread. An underdog bet can win if they win the match or at least keep it within the margins of the given spread. 

To have the point spread explained easier, think of a Premier League match between Chelsea and Arsenal where Chelsea are +1.5 underdogs which means Arsenal has to win by two goals to win the point spread bet. However, if Chelsea loses by only one goal, they cover the spread and win the bet.

The sportsbook assigns the point spread

The sportsbook or oddsmakers are responsible for assigning the point spread. This dictates how people can bet as the numbers are crucial in knowing which bet to place. Some favourites might have lofty expectations and have a big spread or there might be a small spread on the closest matches. 

Covering vs exceeding the spread

A successful point spread bet for a favourite involves them exceeding the given number, they have to dominate and cement themselves as winners. For an underdog to win the point spread, all they have to do is cover which means keeping the score close and within the spread. They can also win the market by just getting the win without worrying about the spread given.

It levels the playing field for bettors

Spread betting levels the playing field for bettors, offering a balance between the favourites and underdogs. You must believe in the underdog’s ability to keep the score close and win the market.

Factors that can affect the point spread

With the sportsbooks and oddsmakers determining the point spread, some factors can shift the numbers. Here are the key elements that affect the given spread: 

The difference in skill level between the two teams 

Based on the quality of the teams playing, the oddsmakers will evaluate how they compare to each other. For instance, if Arsenal is at the top of the English Premier League while Burnley is near the bottom spots, the point spread is likely to favour the stronger team. 

Arsenal might have a +1.5 as most people expect the Gunners to win a match between the two by at least two goals. That is a fair assumption made by the sportsbooks and oddsmakers as there is a gulf in skill level.

Previous matchups

Another factor oddsmakers consider is historical head-to-head matchups. Taking the previous example of Arsenal and Burnley, the results go in the former’s favour as historically, they’ve had the Clarets’ number.

Injuries and roster construction

Oddsmakers consider the condition of a team’s roster, especially injuries and player changes. Think of an oft-injured team like Newcastle United who have the potential to become one of the best Prem. However, losing striker Alexander Isak and elite defender Sven Botman impacted their performance. Their point spreads have been closer than anticipated in the 2023/24 season.

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Strategies to help you succeed with your point spread bets

Betting on the point spread can be made easier if you know how to prepare. Here are the best strategies and effective tips for placing a more informed point spread bet here at Gamdom.

Look into the two teams playing

In every match bet you make, evaluate both teams that will play in the match. Of course, you should not take the point spread at face value, there is context behind those numbers.

There will be plenty of factors that can affect this. Take a look at some of the most impactful parts of sports that affect point spreads and other betting markets: 

• Injuries can change the dynamic of any team
• Recent trades and roster moves might shift the spread in another direction
• Winning or losing streaks can significantly change the spread
• Reports came out regarding a chemistry issue within the team 
   

Use point spread odds to your advantage

The point spread gives you valuable information from the numbers. If you did your research, you can know which teams can win the game or at least cover the spread. Many bettors only rely on the different types of odds, overlooking the insights the point spread offers. 

Always stay up to date with injury reports

The spread can shift due to injury reports but at times, a team’s announcements can be misleading. Teams want to maximise the vagueness of the news to surprise their opponents. 

When reviewing injury reports, assess their severity and consider if the certain player would be ruled out of the game. Track how much time they’ve been injured and their history of ailments. This analysis allows you to make informed assumptions.

Take calculated risks with underdogs

Spread betting is more underdog-inclined than favourites as they don’t have to win the match to help you win the bet. Keep it close and within the spread to win. Taking the risk with underdogs can be rewarding, however, you must ensure that your moves are calculated to yield a successful outcome. 

Mistakes you should avoid in point spread betting

With spread betting, you are susceptible to making mistakes but there are some avoidable ones. Here are the best prominent blunders you should not make:

• Chasing losses: Whenever you lose a bet, resist the temptation to jump into another match without careful consideration. Don’t get caught up in your emotions by chasing a loss; it will be a massive mistake because you might double down on mistakes and lose even more money.
• Disregarding away/home performances: Teams fare better in certain situations like playing in front of their home fans or playing away from home. Make sure to contrast their form and statistics to help you.
• Not looking at the implications for the team: Teams perform depending on the implications they have to play through. Sometimes, teams have to play for playoff spots, which can mean they’re more motivated.
• Following the crowd all the time: Avoid blindly following popular trends in point spread betting. Take time to assess all possibilities before locking in your bet.  
   

How you can start betting here at Gamdom

Before placing a bet at Gamdom, you must go through a process. Here are the steps you need to take to start placing point spread bets: 

• Click the wallet button on the top-right corner.
• To deposit funds into your Gamdom account, click the payment method you want to use. Copy the deposit address and paste that into your crypto wallet. Aside from that, you can also scan the QR code displayed there.
• Confirm the funds are in your Gamdom wallet.
• Click the Sports button on the upper part of the page and look for the league you want to place point spread bets on. Have fun!
   

Place your point spread bets here at Gamdom

Gamdom offers the opportunity to place point-spread bets across various sports. Do not miss out on the multitude of matches available at your fingertips, with a diverse range of sports leagues to choose from. Level up your betting journey by striving your way to the Royalty Club which provides additional perks and big rewards. Keep the excitement alive and continue having fun with every bet!

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