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Bovada Super Bowl Prop Bets: Navigating Online Options DraftKings Big Super Bowl Bets , Spreads: Spreads, also known as point spreads or handicap bets, involve betting on the margin of victory. The favorite team is given a disadvantage, indicated by a negative number, while the underdog team is given an advantage, represented by a positive number. To win a spread bet, the favorite team must win by more than the spread, while the underdog team can win the game or lose by less than the spread.
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