A Spread wager is when either side has a + or a - handicap applied to it. This handicap is often called the 'line,' which a side will need to cover to win the wager. On a 'line' of 3.5, one team will have +3.5 points added to their score, one team will have -3.5 points subtracted from their score. The winner of the Spread wager is the team who 'covers' the Spread based on the handicapped line and margin of victory.
- For example, if Indiana and Chicago are playing a basketball game and the line is Indiana (-5.5), they would need to win by 6 or more points to ‘cover.’ If Indiana wins 105-100, then Chicago (+5.5) bets would cash while Indian (-5.5) bets would lose.