What does the term "spread" mean in the context of FanDuel betting?

In the context of FanDuel betting, the term "spread" refers to a type of sports wager where the betting line (or point spread) is established, which is the number of points by which the favored team is expected to defeat the underdog. This form of betting is designed to create a balance for both teams involved in an event through a handicap imposed on one of the teams. For a bet on the favorite to pay out, that team must win by more than the point spread amount. Conversely, a bet on the underdog will win if that team loses by fewer points than the spread or wins outright. The spread is a popular way to bet on various sports as it evens the playing field, making games with a clear favorite more interesting for bettors.