Spread betting
A type of wager where the bettor will predict the outcome of a game or event based on the point spread set by a bookmaker. The point spread is designed for leveling the playing field of making the game more evently matched by giving the underdog team an advantage. A bettor can bet on the favorite to win by more than the point spread. They can also bet on the underdog to either win outright or lose by less than the spread.
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