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With our half point calculator, you can discover the value of buying or selling half points on the spreads and totals markets. Naturally, this makes it a popular betting option for NFL, MLB, NBA, and NCAA sports.
To use this tool, you just need to select your league, and bet type, then enter the spread and odds for both sides of the bet. Once that’s done, the calculator will show you the favorite price, the underdog price and the vig that you’ll pay for both.
Value is the most important thing in betting, as it tells you if a bet is worth your while or not. Points spreads and totals always start at the same price for each outcome and are finely balanced, so it’s crucial to ensure you use the best online betting sites with the most competitive lines.
As a result, there is value to be found in buying or selling half points on the spread when the market moves. By using the half point calculator, you can better understand the edge you’re getting (or vig you’re paying) as well as the price for the favorite and underdog for either side of the spread.
Here is a walkthrough guide to using our half-point calculator:
We’re fortunate enough to be writing this at the start of March Madness, so we’ve taken an NCAAB line from DraftKings Sportsbook to use as our example:
Spread | Total | Moneyline | |
---|---|---|---|
William & Mary: | -5 (-105) | O 138 | -205 |
North Carolina A&T: | +5 (-115) | U 138 | +170 |
First of all, here’s how you would input the data using our half-point calculator:
League: | NCAAB |
---|---|
Bet type: | Spread |
Spread: | 5.0 |
Odds type: | US |
Fave price: | -115 |
Dog price: | -105 |
When you click “Calculate”, here are the outputs that you will get:
Spread | Push Prob | Fave Price | Fave Edge | Dog Price | Dog Edge |
---|---|---|---|---|---|
4.5 | - | -124.8 | -4.50% | +103.3 | -4.50% |
5.0 | 3.95% | -115 | -4.50% | -105 | -4.50% |
5.5 | - | -105.7 | -4.50% | -114.3 | -4.50% |
Here you can see that you are paying a 4.50% vig on top of the fair price. This is effectively the commission that the sportsbook adds to ensure a profit for either outcome, and 4-5% is the average.
The best available value is selling the half point on the underdog at +103.3. Meanwhile, the percentage of a “push” (the spread landing at 5 points on the nose) is 3.95%.
Now that we’ve shown you how to use our half-point calculator, let’s take a closer look at the half-point and its role in sports betting.
To put it simply, the half-point exists in spreads and totals betting to eliminate the possibility of a push (basically a tie). In football, basketball, baseball, and hockey, it is impossible to score a half-point, therefore using a half-point guarantees that one side must win.
On the other hand, with a full-point spread or total, the spread can land exactly. This is what’s known as a “push” and in the rare case that it happens, neither side wins and all betting stakes are returned.
With a 5.5 over/under line in hockey, six or more goals would see the over pay out, while five or less would see the under win. However, if the line was 5, the result would be a push and everyone who bet on the over/under market would get their stake back.
Sportsbooks don’t make any money on a push and therefore want to avoid them. In general, it isn’t much of an issue in high-scoring games like basketball, where the push probability tends to be below 5%.
However, in low-scoring leagues, such as the NHL, the push for the spread and totals line is often greater than 25%, so half points are almost always used.
Whether you are an advanced spread bettor who carefully studies the data for every bet, or you’re a novice who’s looking to gain a greater understanding, our half-point calculator is an extremely useful tool.
Below are the top reasons why you should use it:
Like all of our betting calculators at PromoGuy US, this one is straightforward to use. It would take the human mind an age to complete all of the calculations required here, so why not let our tool do it in seconds?
Above all else, this calculator lets you know where the best value is to be found when buying or selling the half point. Alternatively, it might tell you that a particular spread is worth avoiding completely based on the odds available.
Straight away this calculator lets you know if the sportsbook is adding a fair vig to the price. If it’s over 5%, it’s definitely best to look elsewhere.
As well as checking the spread and totals prices on the same sportsbooks, you can compare the spread on other MLS betting sites too. As with everything in life, shopping around when betting on sports is the best way to find value.
Did you find this free half-point sports betting calculator useful? There’s plenty more where that came from - take a look at all 15 of our betting calculators here:
The results and data that our half-point calculator provides can help you to make better betting decisions and increase your overall understanding of this type of wager. On top of its primary purpose, which is to help decide if buying or selling the half-point is worth it, you can also see how much vig the sportsbook is taking for the favourite and the underdog as well as the percentage chances of a push.
The half point is typically used in spread and totals betting to avoid the push outcome (the points total landing exactly). For example, if the spread in an NFL game is 7.5 the favorite would win with an 8+ margin and the underdog would win by staying within 7 points of the favorite.
That varies depending on the league, bet type, odds, and spread line that you are looking at. To see what the half-point is worth for any spread or totals bet, you can use our purpose-made calculator here at PromoGuy.us.
If you see +0.5 as an NHL puck line (spread) then it means the underdog has a half-point advantage. So, if the underdog wins, your bet would pay out. However, if they lose, so would your bet.
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