Hook Meaning – A Colloquial Name for Half Point in Spread Betting
Last Updated: May 31, 2022
The hook is a half-point in point spread betting.
For example, if you want to tailor the spread and buy a half-point, you’d say that you want to buy the hook.
So, if the spread was 4.5 (four and a hook), by buying the hook, you would turn this into a -4 spread.