When betting on sports, it is important to understand the language used in the sports betting industry. One common term that you may hear is a “+3 spread”. Although this term is widely used, many bettors don’t actually know what it means. In this article, we’ll explain what +3 spread means and how it works.
Understanding the Point Spread
Before we get into the specifics of the +3 spread, it is important to understand the point spread. The point spread is a number set by the bookmakers that serves as the margin of victory for a game. When two teams face off, the bookmakers will assign a point spread to the matchup. The team that is favored will receive a negative point spread, while the underdog will receive a positive point spread.
For example, if Team A is favored over Team B and the point spread is -3, this means that Team A must win by four or more points in order for bettors who picked Team A to win their bets. If Team A wins by three or less, then the bet is a push and all bets are refunded.
What is a +3 Spread?
Now that you understand the point spread, it is easier to understand what a +3 spread means. A +3 spread means that the underdog is given three points. In other words, if Team B is the underdog and the point spread is +3, Team B must lose by no more than two points in order for bettors who picked Team B to win their bets. If Team B loses by three or more points, then the bet is a loss.
How Does a +3 Spread Work?
Now that you understand what a +3 spread means, you may be wondering how it works. The +3 spread works in the same way as any other point spread. It is simply a number assigned by the bookmakers which serves as the margin of victory. If Team B is the underdog and the point spread is +3, then Team B must lose by no more than two points in order for bettors who picked Team B to win their bets.
Benefits of the +3 Spread
The +3 spread has a number of benefits, which is why it is so popular among bettors. Firstly, it helps to even out the odds between two teams. If Team A is heavily favored over Team B, the +3 spread helps to level the playing field a bit and give Team B a better chance of winning.
In addition, the +3 spread can also help bettors to increase their winnings. If you are confident that Team B can keep the game close and lose by no more than two points, then you can bet on Team B with the +3 spread and potentially win more money than if you bet on Team A without the +3 spread.
Conclusion
The +3 spread is an important term to understand in the sports betting world. It is a number assigned by the bookmakers which serves as the margin of victory. If the underdog is given a +3 spread, then they must lose by no more than two points in order for bettors who picked the underdog to win their bets. The +3 spread helps to even out the odds between two teams and can also help bettors to increase their winnings.