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-3 DEFINITION
What does a spread of -3 mean?
A spread of -3 means that the team must win the game by 4 points/goals/runs or more for the spread bet to win. If the team only wins the game by 3 this is known as a push, meaning the spread bet results in no winner or loser. In this case the bettor will be returned the stake of their original bet but won’t be paid out as a winner. A spread bet is a bet on the margin of victory with a handicap (or line) attached to it, in this case the handicap is -3.
If you’d like to convert a spread into an approximation of what the equivalent moneyline odds would be, check out our Spread Converter.