If you are interested in placing bets on your favorite sports in the point spreads betting system but not sure of which sites to visit in Maryland, we have you covered. We have the top sites to visit for the best point spread experiences, along with a deeper dive into what point spread betting is and how it can benefit your pocketbook.
Point Spread guide in MD
The point spread betting system is a great way to keep wagering on every team match-up fun and exciting. And after reading this guide on the matter, playing point spreads in Maryland will be even more appealing.
Keep your eye out for the best game options and when choosing a betting site, make sure you take a close look at their security, popularity, and even their reviews.
Point Spread sportsbooks in Maryland
It is now time to take a deep dive into the Maryland sports betting sites available to you. We have made a list of professional, secure, and user-friendly sites all Maryland residents should consider looking into.
BetMGM Point Spreads
BetMGM offers a wide range of point spread betting options on many popular sports teams. However, it is primarily known for its various football and basketball odds boosts and promotional offers.
If you are a fan of sports betting and the point spread system, in particular, we suggest taking a peek at the BetMGM website and seeing what teams could potentially put some extra doe in your pockets.
Draftkings Point Spread
DraftKings is highly rated and one of the top sports betting sites online today. They are constantly updating their page with new and exciting games you can wager on at any given time.
They are well known for their point spread systems and the ability to earn extra money in the blink of an eye, giving you the chance to bet on your favorite teams, whether they are the top-ranked teams or the underdogs.
Pointsbet Point Spread Betting
The Pointsbet company originated in Australia but quickly made its way to the United States, offering bettors the opportunity to place a wager on their favorite US teams and players in various games.
Once you are a customer, you have access to the point spread games as well as the plentiful codes and promotions given to their customers to keep the games exciting and increase your chance of winning more money.
Fanduel Point Spreading
The Fanduel sports betting site offers a wide range of sports teams and players you can bet on in various forms. They offer a few different versions of point spreads and are known for making the bets last throughout tournaments, weekends, or even seasons.
One popular point spread system they run is with the NFL. Not only does this site offer you great deals and promotions to up the ante, but they also update information on handicaps and other news that could affect your wagers.
Barstool Sports Point Spreads
The Barstool Sportsbook site is user-friendly and safe. Feel secure placing bets from your bedroom, office, or even the subway with their google play app.
This company is very new to Maryland and is offering a lot of promotional codes and betting bonuses for their points spread bets, especially with the NFL season.
Point Spreads in Maryland
Typically, when you think about placing a bet on any sports team, you imagine wagering on whether that team is going to win or lose. However, in a point spread bet system, you are actually betting on points rather than the win.
This may seem complicated, but it really isn’t once you get the hang of things. This is actually one of the more accessible forms of betting around.
The purpose of a point spread is to give the bettors of both teams a chance to win, no matter how well their team is performing against the rest. This means that even those rooting for the underdog could come out of the game with some extra cash in their pockets.
When placing a bet on a sports team or player, you are going to have the “underdog” and the “favorite.” The underdog is obviously the team that is not expected to win in their upcoming game. In contrast, the favorite is the better performing team so far in the season.
Sports betting sites will spread the line of margin based on possible points scored throughout the games to keep the bets coming in evenly. If you are a Baltimore Ravens fan and want to bet on them for their next upcoming game against the Carolina Panthers, you would want to see how well they are doing and then bet accordingly.
Point Spread Example
Taking it a step further, let’s say the Ravens are doing exceptionally well this season and are already well ahead of the Panthers in games won. Of course, that doesn’t necessarily mean that wagering on the Ravens to win is going to be the best bet in a point spread bet.
If the Panthers are trailing the Ravens by only a few points, they have an advantage of winning in a point spread. Let’s use this chart as an example.
(This is, for example, purposes only and does not reflect actual scores or team ranks.)
In a black and white, win or lose, betting system, you would place a bet on which team you believe would win and, in some cases, what the final score would be. For example, if we were to say that the Ravens played the Panthers in a game and the Ravens were ahead of the Panthers for the season, you would place your wager on the Ravens winning.
Now, let’s say the Ravens do, in fact, win the game 24-21. Those betting on the Ravens would get their payout. But not in a point spread bid. In this situation, the final points would actually be Ravens 20 and the Panthers 25. So, those who placed a bet on the Panthers, either winning the game outright or only losing by 3 points, get the payout.
Point Spread betting odds in Maryland
Using the same chart as before, we see that the odds are -110. That means you will be placing a bet of $110 worth a $100 payout if you win. -110 is the standard and most frequently seen odds for all Maryland sportsbooks.
The -10 is the 10% fee paid to the sportsbooks as their broker fee. This helps to ensure their sports betting site makes their money.
There are many sites out there that often offer their customers promotional codes or bonuses, reducing or waiving their fee (house edge) to give better betting odds to their customers, increasing the value of their earnings if they win.
Outcomes of a Point Spread bet
There are three outcomes of a point spread bet, a win, a loss, or a push. If you win the bet, you will receive $100 and a refund of the $110 you wagered. If you lose the bet, you lose the $110 you placed on your team.
A push is when the score ends with a win that matches the spread. So in our example of Ravens vs. Panthers, a push would mean the Ravens win the game by exactly 4 points. All players will get the money they bet back.
FAQ’s About Point Spreads in Maryland
What is a Point Spread – MD?
A point spread is the option to bet on a team with pre-points already set in place. The team that has a higher advantage at winning will automatically have points deducted from their final score, while teams with the lower advantage have points automatically added.
What is the vig or the Juice?
The Vig, also known as the juice, is the percentage taken by the sportsbooks for every wager placed. Most popular sports betting sites will take a 10% cut. This means you will pay $11 for a $10 bet or $110 for a $10 bet.
How do you find Point Spread bonuses?
Frequently sports betting sites will offer bonuses and promotions on their games. This can mean a more significant boost or even the house reducing or eliminating their fee. You can find these bonuses by frequently checking the company’s website or social media accounts.
Can the line on a Point Spread change?
Yes, if a player is injured or a player or coach is removed for the season, then the sportsbooks can adjust the line on a point spread. This is why it is very important to keep an eye on the spread before placing your wagers.
What is a Point Spread payout?
The payout for a point spread bet will look the same on either side of the wager. No matter which side wins, the odds (commonly -110) will apply, and that’s the final amount you will receive.