Point Spread Definition
A point spread can be considered a handicap of sorts and refers to providing a team with a point spread. For instance instead of just betting on a team to win, the favorite might have to win by a set number of points (point spread). This makes betting more fair when particular underdogs are playing a match.Example
Point spreads are most common in basketball games. One example involves two NBA teams playing with one being a large underdog. To make the bet more even, the bookmarker might require the favorite to win by more than 6 points for the wage to be effective. If the score was exactly 6 points on the handicap, then it would be considered a “push” and the wages would be returned.