Point spread
Industry and product terms
Definition
A handicap applied to the favorite so both sides of a bet are roughly equally likely. Spreads are priced to attract balanced action, which is how books try to earn the vig rather than gamble themselves.
Source
Additional citation research
The original definition and sourcing warnings are retained. These sources support only the claims identified below, not necessarily the full entry.
Remaining evidence gap: The available Tennessee glossary uses point spread contextually when defining cover and teasers but does not directly define the term. The full definition, balanced-money claim, and explanation of sportsbook risk management remain unsupported by an authoritative citation.
Cite this
Betttr. "Point spread." The Gambling Recovery Glossary. https://betttr.net/glossary/point-spread/ (accessed 2026-09-20).
Last updated: 2026-09-20.
Corrections: support@betttr.net
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