Point spread betting looks simple on the surface, but most bettors make costly mistakes that drain their bankroll over time. These errors are not obvious, and they often feel like bad luck rather than bad process. The truth is that small mistakes compound quickly when you are betting against a vig, and fixing them is one of the fastest ways to improve your long-term results.
This guide walks through the most common point spread betting mistakes that trip up both beginners and experienced bettors. For each mistake, we will explain why it happens, what it costs you, and how to fix it. You will learn about ignoring the vig, chasing steam, overbetting favorites, misunderstanding key numbers, skipping line shopping, and more.
By the end, you should have a clear checklist of what to avoid and how to approach spreads with discipline and strategy. Sports betting should always be optional and affordable, so if you choose to bet, understand the risks first.
Gamble responsibly. If you or someone you know has a gambling problem, call +1-800-GAMBLER.
The vig or juice is the fee sportsbooks charge for taking your bet, and it is built into the odds. At standard -110 odds, you risk more than you stand to win, which means you need to win more than 50% of your bets just to break even.
Most bettors focus on picking winners and forget that the vig eats into their profits. Winning 50% of your bets feels like breaking even, but at -110 odds, you are actually losing money.
At -110 odds, you need to win 52.4% of your bets to break even over the long term. If you win 50% of 100 bets at $110 each:
That $500 loss is the vig. Over time, it compounds quickly.
For more on vig and break-even rates, see our Point Spread Betting Strategy Guide.
Line shopping means comparing spreads and odds across different sportsbooks before placing your bet. Most bettors skip this step and bet at the first book they open, which costs them money over time.
It feels like extra work to check multiple books, and many bettors do not realize how much value they are leaving on the table. Small differences in spreads or odds seem insignificant in the moment.
Example:
If you want to bet the Cowboys, taking -6.5 instead of -7 gives you an extra half-point of cushion at the same price. In a close game that lands on 7, that half-point is the difference between a win and a loss.
Another example:
Same spread, but Sportsbook B charges less vig. Over hundreds of bets, that difference compounds into meaningful profit or loss.
Line shopping is one of the simplest and most effective ways to improve your long-term results with almost no extra effort.
Chasing steam means betting on a side because the line moved in that direction, assuming sharp money knows something you do not. Chasing public money means betting on the popular side because most people are taking it.
Line movement feels like insider information. If a line moves from -7 to -8, many bettors assume sharp bettors know something and jump on the moving line. Similarly, if 70% of bets are on one side, it feels safe to follow the crowd.
By the time you see the line move, you are often getting worse value than the sharp bettors who moved it. You are buying high instead of getting in early.
Chasing public money is equally dangerous because the public tends to overvalue favorites, popular teams, and overs. Books know this and often shade lines to account for public bias.
For more on fading the public and understanding line movement, see our Point Spread Betting Strategy Guide.
Key numbers are margins of victory that occur more frequently than others. In the NFL, 3, 7, and 10 are the most common margins because of how football is scored. Ignoring key numbers when comparing lines or buying points is a costly mistake.
Many bettors do not understand the significance of key numbers, or they treat all half-point differences as equal. A move from -6.5 to -7 feels the same as a move from -4.5 to -5, but it is not.
Example:
The first buy is almost never worth it. The second buy might be worth it in the right situation.
Another example:
If you want to bet the Cowboys, taking -7 at the same odds gives you a push instead of a loss if they win by exactly 7. That is significant value in a sport where 7 is a common margin.
For a detailed breakdown of key numbers, see our Key Numbers in Spread Betting Guide.
Most recreational bettors prefer betting on favorites and popular teams. This creates market inefficiency where favorites and public teams are often overvalued, and underdogs offer better value.
Betting on favorites feels safer. It is easier to imagine the Chiefs or Lakers winning than to trust a weaker team to stay competitive. Popular teams also get more media attention, which makes them feel like better bets.
When too many people bet on the favorite, sportsbooks shade the line to account for public bias. This means you are often getting worse value on favorites than the true probability suggests.
Example:
Over time, consistently overbetting favorites and public teams leads to poor long-term results.
Bankroll management is what keeps betting sustainable and fun over time. Overbetting means risking too much of your bankroll on a single bet or a single day, which leads to going broke during losing streaks.
When you are confident in a bet or trying to recover from losses, it is tempting to bet more than your usual stake. This feels like the smart move in the moment but is almost always a mistake.
Example:
This spiral is how most bettors go broke. Overbetting amplifies variance and makes it impossible to recover from normal losing streaks.
For more on bankroll management, see our Point Spread Betting Strategy Guide.
Many bettors feel pressure to have action on every game, especially on big slates like NFL Sunday or March Madness. Betting too many games dilutes your edge and forces you to bet on spots where you have no real opinion.
Watching games is more fun when you have action on them. FOMO (fear of missing out) makes you feel like you need to bet every game to maximize your chances of winning.
When you bet on games where you have no edge, you are just paying the vig over and over. The more bets you make without a real edge, the closer you get to the expected loss rate based on the vig.
Example:
Quality over quantity is the rule. Fewer bets with higher conviction beat more bets with no edge.
A push happens when the final score lands exactly on the spread, and your stake is returned with no win or loss. Many bettors do not understand when pushes can happen and how the half-point (hook) affects outcomes.
New bettors often do not realize that pushes only happen on whole-number spreads, or they do not understand the value of the half-point around key numbers.
Example:
The difference between -7 and -6.5 at the same odds is massive in games that land on 7 (a key number in the NFL).
Most bettors do not keep detailed records of their bets, which makes it impossible to identify patterns, learn from mistakes, or improve over time.
Tracking feels like work, and it is easy to remember your wins and forget your losses. Many bettors rely on memory or their sportsbook's bet history instead of keeping their own spreadsheet.
Without data, you cannot see:
Example:
Tracking is the foundation of long-term improvement. If you are not tracking, you are not serious about getting better.
Emotional betting means making decisions based on feelings instead of logic. Chasing losses means increasing your stake size to try to recover quickly after a losing streak.
Losing feels bad, and it is natural to want to get your money back as quickly as possible. After a bad beat or a frustrating loss, it is tempting to fire a bigger bet on the next game to make up for it.
Chasing losses leads to overbetting, poor decision-making, and tilt. It amplifies variance and turns normal losing streaks into catastrophic losses.
Example:
This is the fastest way to blow up your bankroll.
Betting should be optional and fun. If it feels stressful or desperate, it is time to take a break.
Gamble responsibly. If you or someone you know has a gambling problem, call +1-800-GAMBLER.
The biggest mistake is not understanding the vig and break-even rates. Many new bettors think winning 50% of their bets is enough, but at -110 odds, you need to win 52.4% just to break even.
Line shopping means comparing spreads and odds across multiple sportsbooks before placing your bet. Small differences in lines or odds compound over time into meaningful profit or loss. It is one of the simplest ways to improve your results.
Key numbers are margins that occur more frequently than others. In the NFL, 3, 7, and 10 are the most common margins because of how football is scored. Spreads that cross these numbers are more valuable than spreads that do not.
No. Most recreational bettors prefer betting on favorites, which creates market inefficiency. Favorites and popular teams are often overvalued, and underdogs offer better value.
Chasing losses means increasing your stake size to try to recover quickly after losing. This leads to overbetting, poor decisions, and is the fastest way to blow up your bankroll.
Bet a small percentage of your total bankroll on each wager, typically 1-2% per bet. Never bet more than 5% on any single wager.
If the final score lands exactly on the spread, the bet is graded as a push and your stake is returned with no win or loss. Pushes only happen on whole-number spreads. Half-point spreads eliminate pushes.
Yes. Tracking is essential for identifying patterns, learning from mistakes, and improving over time. Without data, you cannot see where you are profitable or where you are losing money.