Never understood what the spread actually means, can someone explain?
Been seeing it everywhere but always just avoided it because I didn't want to look clueless. I get basic moneyline stuff but the spread confuses me every time.
Like when it says a team is minus 6.5, does that mean they need to win by more than 6.5 points for the bet to pay out? And what happens if they win by exactly 6, do you just lose?
Also why do some spreads have the .5 and others are just whole numbers? Is that intentional to avoid something specific?
Sorry if this is super basic stuff, just want to actually understand what I'm betting on before putting money on it.