Point Spread Calculator
Standard juice payouts and implied probability for any cover-the-spread bet.
Point Spread Calculator
Standard spread juice is -110. Reduced-juice books offer -105.
| American | Decimal | Fractional |
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Spread betting, plain
What does a point spread do?
A point spread is the sportsbook's handicap on a game. The favorite gives points; the underdog gets points. The line is set so that — in theory — each side has roughly a 50% chance of covering. That's why both sides usually pay the same price (standard -110).
A line of Chiefs −7.5 vs Broncos +7.5 means the Chiefs cover only if they win by 8 or more. The Broncos cover if they win outright OR if they lose by 7 or fewer. The half-point eliminates pushes.
Why is -110 the standard spread juice?
If both sides paid even money (+100), the sportsbook would make zero on a 50/50 line. Pricing both sides at -110 gives the book about a 4.76% hold across the whole market — its long-run profit margin no matter which side wins more often.
Some reduced-juice books offer -105 per side (about 2.38% hold), and a few specialty books quote -102 or -103 on select markets. Lower juice means more bettor-friendly long-run economics.
See how to remove vig from odds for the full hold math.
What does -3.5 mean? And -3?
-3.5 means the favorite must win by 4 or more to cover. Win by 3 = spread loses. No pushes possible with a half-point.
-3 means the favorite must win by 4 or more to cover. Win by exactly 3 = push (your stake refunded). Win by 2 or less, or lose = spread loses.
NFL spreads sit on or near key numbers (3, 7, 10, 14) more than chance would suggest. Moving from -3 to -3.5 matters a lot more than moving from -5 to -5.5 — it crosses a key margin.
Related calculators
- Bet Calculator — generic single-bet payout for any sport and odds.
- Moneyline Calculator — for the straight-up win bet on the same game.
- Over/Under (Totals) Calculator — for the points-total bet.
- Parlay Calculator — combine multiple spreads and see the combined payout.
- No-Vig Calculator — see the fair-odds line under the standard −110 juice.
- Glossary: spread · What does −110 mean?