A spread bet is a type of bet in which the bettor wagers on the difference between the scores of two teams or competitors in a sporting event. The bet is placed on whether the actual difference in the scores will be higher or lower than the “spread,” which is a predetermined number set by the bookmaker.

For example, if the spread for a football game is 7 points and you place a bet on the favorite team, that team must win by more than 7 points for you to win the bet. If you place a bet on the underdog, that team must either win the game or lose by fewer than 7 points for you to win the bet.

Spread betting is popular in sports like football, basketball, and baseball, and it can be a way for bettors to even out the odds in a game where one team is heavily favored. It is important to note that spread bets often come with higher fees and commission charges than other types of bets.

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