Buying Points At Sports Betting Sites
Nearly all of the best online sports betting sites offer the option of buying points. Many people come in with the thought that this is such a good deal for the bettor. But let’s think about that. If online betting sites REALLY allowed the bettor an advantage over the sportsbook, would this still be an option?
Many times you can buy a point on the point spread. Makes sense, right? For exchange, your money earned will be lowered, or you will have to wager even more to win the amount you would like to win.
Best Sports Betting Sites For Buying Points
Instead of the usual betting $11.00 to win $10.00, if you buy ½ point, now you will have to place $12.00 to win $10.00. Sometimes, sports books will even have $13.00 wager to win $10.00.
Examples Of Buying Points At Sports Betting Sites
Let’s take a look at a couple places where you can buy points on sports bets, and let you know what they mean.
- Cleveland Browns +6.5
- New England Patriots
In this first example, in the National Football League, maybe you like the Cleveland Browns to cover the spread against the New England Patriots. The current 6.5 point line pays off the typical -110 for the Browns. You have the option of buying the ½ point for the Cleveland Browns, which would make the line now at +7, which is a touchdown. If you elect to buy the ½ point for Cleveland, your betting odds are now at -120.
- Chicago Bulls 204.5
- New York Knicks
This shows you a National Basketball Association game between the Chicago Bulls and the New York Knicks. This bet is on a total. In a total, you are predicting the number of total points in a game. You have the option of buying a ½ point either way. If you feel the game will be under, you may want to buy the ½ point and raise it to 205. If you feel the game will be over, you may want to buy the ½ point and lower it to 204. Again, in a typical -110 bet, with buying the point, you have now moved your payout to most likely -120.
Lastly, you can also buy more than just ½ point. As you know, the more points you buy, the less money you will win if you win the bet.
More About Buying Points At Sports Betting Websites
Okay, so is buying points a good idea? Most of the time we will answer NO. If you are playing at sports betting sites to make money, now lowering your odds to 12/10 or higher, you will have to win more games to break even. 12/10 will mean that sports bettors will have to win close to 56% of their games to break even. Most sports bettors would love to win 56% of their games.
About the only place you should buy points is when it is just ½ point, and in the NFL typically when odds are at 6.5 or 7.5. You also have to make sure that the sports book provided is just pushing your winnings to 12/10 instead of even higher. Some places now are charging even more for buying points.