When betting spread on Bovada, you are essentially betting on the outcome of two different games. The first game is the actual game being played, while the second game is a prediction of how that game will end.
This second game is where you make your bets.
The most common bet types at Bovada are straight bets and point spreads. Straight bets are wagers where you are betting on the exact score of the game, without any other modifiers.
Point spreads are similar to straight bets, but they also include modifiers such as moneyline and over/under bets.
When making a spread bet, it is important to understand how Bovada calculates point spreads. The company assigns a point value to every team in every league, based on their record and strength of opponent.
They then use this information to create a point spread for each game.
For example, if the Tampa Bay Buccaneers are playing the New York Giants and the line is Tampa -3 points, this means that you would wager $100 on Tampa to win, and $300 on New York to win. If the Giants win by more than 3 points, your bet would be refunded and you would lose $100.
If Tampa wins by more than 3 points, your bet would be paid out at full value ($300).
