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What does a 4.5 spread mean?

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New York + 4.5 (-110) As you can see, Dallas is the 4.5 -point favorite which means they would need to win the game by five points or more to win the bet. Conversely, New York is a 4.5 -point underdog which means they would need to win or not lose the game by more than four points to win the bet.
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