Usually, the odds for a point spread are -110, meaning you'll need to place a $110 bet to win $100 with a sportsbook like Caesars Sportsbook North Carolina. The point spread has less to do with who wins the game outright and more to do with the final score. If one team is heavily favored, the spread will get larger, instead of the odds getting longer for the underdog and shorter for the favorite. The point spread exists to even out the betting odds for the favorite and underdog. If you bet on the Chiefs, they will need to lose by less than three points, or win outright. If you bet on the Panthers to cover the spread, they will need to win by more than 3 points for your bet to cash in. You will see a point spread line that looks something like Panthers -3 Chiefs +3. For an underdog, they must either lose by less than the point spread total, or win.įor example, let's say that the Carolina Panthers are a 3-point favorite against the Kansas City Chiefs this Sunday. For a favorite to cover the spread, they must win by more than the point spread total. Rather than betting on the overall outcome of a game, you can place spread bets on either the favorite or the underdog to 'cover the spread'. A point spread wager allows you to bet on the outcome of a game with a sportsbook like BetMGM North Carolina while taking into account which team is the favorite and which is the underdog.