Duke must lose by 1, 2, or win outright for you to win your +3 wager). The same concept applies for the +3 point spread but the inverse would be true (e.g. If they win by 3, you push, which means you don’t win or lose and if they win by 1, 2, or lose outright, then you lose your bet. In the above Duke example, Duke must win by 4 if they are favored by -3 for you to win your bet. To successfully win a point spread bet (or line), the team you wager on must cover the spread. Conversely, if Duke is an underdog their line would read +3, which means oddsmakers believe Duke will lose by 3 points (or less). For example, if Duke is favored by -3 this means oddsmakers believe Duke will win by at least 3 points (or more). More specifically, game lines are represented by point spreads. March Madness lines refer to the individual game lines sportsbooks assign for each game and each team. However, March Madness betting odds and game lines are fairly straightforward and similar to odds you would see during the regular season for NCAAB or the NBA. When you visit a sportsbook you may see several odds and lines listed, which could come across as very daunting.
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