Constantly evolving, the variety of sports betting odds available today is more diverse than ever before. That said, standard wagering odds remain unchanged from their original format. Known as the ‘big three” betting options, moneylines, game totals and point spreads are offered on most sporting events. Understanding the intricacies of common odds formats, plus how they relate to straight bets, parlays, and prop options, is essential to cashing winning wagers.
What Are Point Spread Betting Odds?
Born in the USA, point spread odds were invented by Charles K. McNeil and were first offered to bettors in Chicago in the early 1940’s.