A point spread bet is a popular type of sports betting where the bookmaker handicaps the favorite team by a certain number of points to level the playing field. In this bet, you can either bet on the favorite team to win by a certain margin (the point spread), or the underdog team to lose by fewer points than the spread or win outright. Let’s use an example from the NBA to explain further:
Imagine that the Los Angeles Lakers are playing the Boston Celtics and the point spread for the game is -6.5 for the Lakers. This means that the Lakers are the favorite team and are expected to win by at least 6.5 points. If you bet on the Lakers to cover the spread, they must win by 7 points or more for your bet to be a winning one. On the other hand, if you bet on the Celtics to cover the spread, they must either lose by fewer than 6.5 points or win outright for your bet to be a winning one.
Step 1: Open the Tipico App and Log In To place a point spread bet on the Tipico app, you need to have an active account and be logged in to the app. If you haven’t already done so, register, verify and fund your Tipico account before proceeding.
Step 2: Navigate to the Sports Betting Section Once you are logged in to the app, navigate to the sports betting section. You can find this by selecting “Sports” from the app’s menu.
Step 3: Find the Game and Select the Point Spread Bet Type Locate the game you want to bet on and select the point spread bet type. In our example, you would select the NBA game featuring the Los Angeles Lakers and the Boston Celtics and choose the point spread bet type.
Step 4: Choose the Bet Type and Enter Your Wager Select the team you want to bet on and enter your desired wager amount. The app will automatically calculate your potential payout based on the current point spread and your wager amount.
Step 5: Confirm and Place Your Bet Double-check your bet slip to ensure that everything is correct, including the team, wager amount, and potential payout. Once you are satisfied, confirm your bet and place it by clicking on the “Place Bet” button.