Betting on sports is often invigorating, while permitting you to earn or lose a lot of money. However, if you ever enter the betting arena furnished with an in-depth knowledge of the right betting strategy then you can certainly win money no matter what the fate of the match. One important move that needs to be implemented is on how to read sports betting lines since this will help you to get the most out of your bet and in addition keep you from losing additional money than you should, once the other team wins.
While betting on sports isn’t legal practically in most states in the USA, you can still bet when you go online. You’ll be able to practically bet on any sports such as football, basketball, baseball as well as on car races and horse racing, be it college sports or even professional sports including those hosted by pros such as the NFL, NBA, and NHL. While sports betting lines differ in accordance with the sports, most have common features that mention the names of the teams including the favored and the underdog, the odds, the over, under and on points plus the spread, if any on the result of the match. While it seems complicated, an example can help in simplifying the matter easily. For instance, a Dallas against Pittsburgh football match could display the following sports betting lines.
Dallas -11.5-130 -180
Pittsburgh +11.5-130 +220
Firstly, the – sign next to Dallas signifies that this is the favored team to win whereas the + sign beside Pittsburgh indicates that those are the underdog. The subsequent figure i.e. 11.5 on both lines indicates that the favored team has got to win and that too at the very least by the figure or points mentioned on the spread. The next number i.e. 130 that may be mentioned on both lines indicates the amount that you will have to bet in order to win $100 on that bet.
The last numbers on both the lines indicate the money line. If you want to bet on any team winning the match outright, then you’ll need to bet on the money line. If you bet on the underdog then the risk is higher and you simply win more money at a lower stake whereas when you bet on the favored team you’ll win a lesser prize while you will have to put in a higher stake. Hence should you bet on Pittsburg, i.e. the underdogs then your $100 stake will give you an extra $220 should they win the match but when Dallas win and you have betted on them then this stake of $180 will earn you an additional $100.
The last line indicates the over-under, i.e. 38.5. Hence, no matter what which team wins, in the event the game finishes having a score of 12-10 and if you might have bet under, then 12+10=22, hence you win because it’s lower then 38.5. The number 130 next to the ov indicates how much you will need to bet to win $100 on such a bet.
You could start by gambling only on outright outcomes of each game or match before venturing on to gambling on spreads and over-under. The aforementioned sample is just one example that can make your entry into sports betting faster and easier. Once you learn on how to read sports betting lines you’ll be able to fine-tune your strategy to win huge amounts of money.