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*Sports Betting Online
*Buying Points Sports Betting Odds
*Buying Points Sports Betting
The Point Spread: Betting the spread For those new to sports betting, the point spread is the simplest, most straightforward approach to placing wagers. Sports books set a predetermined margin of points on a game and a team must win – or not lose – by that set number.
*Buying points is when you sacrifice a small amount of value to effectively move the point spread on a particular team and offer yourself a better chance of winning the bet.
*Buying points are generally not considered profitable due to the increased price that bettors are paying when they buy them. It is hard enough to beat the sportsbooks when you are betting -110, let alone when you are wagering -120 or -130 after buying a point.
*One of the more common methods by which bettors partake in buying or selling points is through what is called a teaser. A teaser is when you tease the points down anywhere between 4 to 6.5 points on multiple games. The minimums and points available to choose from will be dictated by the sportsbook you use.Estimated Read Time: 3 minutes
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If you’re just getting into online sports wagering, you’re probably overwhelmed by all of the betting jargon you’ve encountered. While there are many rigid rules in the betting game, one of the most flexible ones is buying and selling points.
Not only is this one of the most common options out there, but it’s also one of the simplest. Buying points can help propel a line in your favor while selling points can increase your profits! If this interests you, read on below to find out more!The Basics of Buying and Selling Points
It’s not always easy to find a bet you’re comfortable with, so online sportsbooks often provide other opportunities to entice bettors to risk their money. Buying points is one of the ways this is done, as it reduces the risk of your wager. Though, it should go without saying that reduced risk equates to reduced potential winnings.
To buy a point you would simply select a betting line you want to wager on, and then “buy a point” (change the spread in your favor) in exchange of less potential profit for taking a lesser risk.
Bettors generally buy points in bets against the spread, but it’s also possible to buy points to get a more favorable number on a totals bet.
The number of points you can buy varies from one sportsbook to another, but a half-point or full-point are the most common options (though all the way up to three points does exist).When to Buy Points?
Finding the right matchup is the key to successfully optimizing your profits when betting, and that is especially true when it comes to buying and selling points. For example, it could be wise to buy or sell points on either side of the wager seen below:
If you think the Green Bay Packers are going to win this game, albeit by a narrow margin, betting on them at -3 may not be the best idea. If the Packers were to win the game, but just by one (field goal) score, you would not win any money because the bet would become a push (tie).
In this case, it would be favorable to buy a half-point and create a -2.5 spread.Selling Points
Selling points holds the same concept as buying points except you are adding to your risk and increasing your potential winnings rather than playing it safer.
Using the Green Bay Packers vs New York Giants example above, if you believed the Packers would win the game by anything more than just one field goal it would be wise to sell points. Since in football field goals are worth three points and touchdowns are worth six (plus extra points), you can take advantage of those point margins and sell points to increase the -3 spread to -4 since you believe the game will be at least a six-point (one touchdown) difference. You would earn more winnings for creating a bigger spread for yourself.Is It the Same for All Sports?
Football is by far the most flexible when it comes to moving lines, but it is certainly not the same across the sporting world.
You can buy points when you’re betting on basketball, but because it scores by one, two, and three points buying just a half-point can be more valuable than in football as it has more of an impact on the final score.
There isn’t much of an opportunity to move the “puck line” in hockey because it is always set at -1.5 due to low scoring totals.
Like hockey, baseball doesn’t allow lines to be moved, but you can buy points on the total runs scored.Alternative Lines Explained
Alternative lines (or alternative spreads) are most prominent in football. Where buying and selling points is a two-step process (choose line then buy or sell the point), alternative lines are a one-step task. It is as simple as: if you don’t like the original spread on a game, you can just select an alternative spread instead.
For example, if you thought a certain team was going to win a game by over two touchdowns (14 points) and the spread was only -4.5 for that favorite, you could look to the alternative spread category of betting and select a -14.5 spread for yourself.
You are making a bolder statement and taking more of a risk, so in return, your potential winnings increase as a reflection of that.Closing the Gap
Overall, buying and selling points are some of the most straightforward details of betting. It just provides a little extra insurance to your wager. All the basic betting rules apply; the greater the risk, the greater the reward and the lesser the risk, the lesser the reward.
To learn more about the different kinds of creative bets you can place at your sportsbook, check out the rest of our Sports Betting 101 guide.
Buying points when betting the NFL is a divisive subject for many in the sports betting community. While many swear by it and regularly buy points or half-points, others scoff at buying points and consider it a negative expectation play. In this article, I will examine the process of buying points, and if they provide an advantage for bettors.What Does Buying Points Actually Mean?
Buying points or half-points relates to the NFL point spread or total. Most sportsbooks will allow bettors to buy a half point or more off the spread or total. For instance, if a bettor was wagering on the Buffalo Bills +9 and felt it was a strong move to get an extra .5 points onto the line, the sportsbook would charge a player a fee for doing so. The line for the bettor would now be Buffalo +9.5 but would come with increased odds. It would work the same way if a bettor was wagering -9 and wanted to buy a half point, the odds would then become -8.5 and again with fee for the change in odds.
Usually, when a bettor buys a half point, the price is -120 rather than the normal -110 that is standard for most NFL point spreads and totals. NFL gamblers are getting an extra half point on the game, but is it worth it to pay a steeper price over the long haul to buy points?Profitability of Buying Points
Buying points are generally not considered profitable due to the increased price that bettors are paying when they buy them. It is hard enough to beat the sportsbooks when you are betting -110, let alone when you are wagering -120 or -130 after buying a point. The -130 will normally be charged by sportsbooks when bettors look to buy a half point to add to a +2.5 underdog or a -3.5 favorite.
This is due to the large percentage of games that end by a margin of three points; the other most likely outcome to an NFL is not surprisingly 7 points. One of the best sports betting and casino sites online, the Wizard of Odds did a study on buying points with decades of data attached. The conclusion was that buying points were generally not profitable and that one of the only times it is worth it is when buying off the 7, provided that bettors can get -120 for a half point.
Bettors can get even deeper in depth with their calculations of buying points, by converting the odds into implied probability, which can be done simply through an online betting calculator or through a mathematical formula. Push percentage also matters, which is the percentage of times a bettor will push on a certain number. For 7 points, this number is 5.72 percent, and for 3 points it is 9.79 percent.Sports Betting Online
Pricing is a large determination if buying points are profitable and it is unmistakably a negative proposition to buy points off numbers other than 3 or 7. This move is not profitable and does not give bettors any advantage against the oddsmakers. It only charges them more juice over the long haul.Top Sportsbooks for Buying Points
5Dimes chargers bettors -120 for a half point but does increase the odds for buys when bettors buy points to reach the key number of 3 and 7. If you have their reduced juice option as a bonus these odds are slightly better, as well.
Bovada.lv surprisingly does not allow bettors to buy points. They allow bettors to buy off the” hook” or half point but do not allow them to buy multiple points or to buy points on any number. For instance, if a team is favored by -16.5, bettors can buy off the .5 points at the ‘Review Bet’ screen on Bovada. It’s certainly something to note if you’re thinking of betting at Bovada and want to buy points.
The best site to buy points is Bookmaker.eu and their other sister sportsbooks. Bookmaker sells half points at 10 cents, making the price -120 if you buy a half point and doesn’t adjust these odds on the key number of 7 by adding extra fees. The book is well trusted and offers enormous betting limits and has a long history in the offshore betting world.Be Aware of PricingBuying Points Sports Betting Odds
There are many other sportsbooks than the ones I mentioned above and most offer the ability to buy points. Prices on this can vary wildly, and many sportsbooks will gouge bettors for 20 or 30 cents per half point, making it impossible to beat them. Be mindful how much you are paying when buying points. You should never be paying more 10 cents for a half point that isn’t on a key number of 3 or 7.Buying Points Sports Betting
Though buying half points is not usually profitable, it is vital to line shop and look for the best odds and prices.
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