- If the point spread is low, such as +2.5, the odds will likely be greater to just bet that team to win outright rather than succumb to their opponent by two or fewer points. If an underdog team has a spread of +2.5, the odds for that may be -160 whereas for them to win outright would likely be.
- The 2020 VSiN Beat The Spread Challenge is a contest based on the 2020 NCAA Men’s College Basketball Tournament (the “Tournament”) designed for participants to demonstrate their skill at making correct selections against the spread on Tournament games. It will be played by accessing the VSiN.com web site and complying with the following Official Rules.
Update: Minneapolis has reconsidered this program. Please see here for further coverage.
Beating the spread originates in the domain of what's called point spread betting; essentially, the spread is the margin of victory by which the favored team needs to be victorious to win the bet.
The city of Minneapolis, Minnesota, says it is hiring “social media influencers” from local minority communities to help facilitate the spread of news and combat “misinformation” during Derek Chauvin’s trial, reportedly in the hopes that they may head off unrest.
Chauvin’s trial is set to begin next Monday at 11 am, and Minneapolis is notably concerned that planned marches and demonstrations could go awry, particularly those about the death of George Floyd. Chauvin, who is accused of killing Floyd, sparked a national anti-racism and anti-police brutality movement that eventually gave way to riots that caused an estimated $500 million in damages in Minneapolis alone.
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The Minneapolis City Council believes it can counter that through a social media campaign.
“The Minneapolis City Council has unanimously approved paying six social media influencers to spread city-approved messaging and updates throughout the upcoming murder trial of former officer Derek Chauvin, who has been charged in George Floyd’s death. On Friday, the council approved $1,181,500 for communication with the community during the trial,” according to CBS.
Just $12,000 of that money will go to paying influencers during Chauvin’s trial. The rest will go to seed a long-term community engagement program that facilitates communication between city officials and community leaders and creates an information pipeline “can be activated during periods of heightened tension.”
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“The city says social media partners will help dispel potential misinformation, and that the influencers will intentionally target Black, Native American, Somali, Hmong, and Latinx communities with their messaging. Each influencer will be paid $2,000,” the outlet noted, quoting local sources.
In a statement about the program, the Minneapolis City Council said that they hope the influencers “increase access to information to communities that do not typically follow mainstream news sources or City communications channels and/or who do not consume information in English.”
“It’s also an opportunity to create more two-way communication between the City and communities.” the council said, noting that the program will stay in place in some form after Chauvin’s trial has resolved.
Unfortunately for Minneapolis, the targeted communities are largely skeptical of the program, particularly given that the information will originate with city officials who are technically stakeholders in the outcome of Chauvin’s trial.
“If somebody endorses something you need to make sure that that’s what they actually believe no matter how much you can get paid for something,” one community organizer told local media. “This is their opportunity to gain trust with the community, with these influencers, with different communities and they have to be 100% transparent if this is going to work.”
“The keyword here is ‘city-approved,'” another told CBS. “What do you think the message is going to be? It’s going to probably be pro-city. It’s going to be anti-protest.”
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Others suggested that the money could be put to better use.
“We have a homelessness crisis, we have a ton of small businesses that can’t even keep their doors open,” an activist told KARE Minneapolis.
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