Betting on sports is often invigorating, while allowing you to earn or lose a ton of money. However, if you enter the betting arena armed with an in-depth knowledge of the right betting strategy you’ll then win money no matter what the fate of the match. One important move which should be implemented is on how to read sports betting lines since this will help you to obtain the most from a bet and in addition keep you from losing more money than you should, in case the other team wins.
While betting on sports is not legal in most states in America, you possibly can still bet when you go online. You’ll be able to practically bet on any sports like as football, basketball, baseball and even on car races and horse racing, whether it’s college sports or simply professional sports including those hosted by pros for example 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 also on points plus the spread, if any on the result of the match. Even as it seems complicated, an example will help in simplifying the issue 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 signifies that they are the underdog. The next figure i.e. 11.5 on both lines indicates that the favored team has got to win and that too at least by the figure or points mentioned on the spread. The next number i.e. 130 that is mentioned on both lines indicates just how much 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 need to bet on the money line. If you bet on the underdog then your risk is higher and you simply win more money for a lower stake whereas if you bet on the favored team you’ll win a lesser prize while you’ll need to put in a higher stake. Hence should you bet on Pittsburg, i.e. the underdogs then a $100 stake will give you an extra $220 if they win the match but if Dallas win and you have betted with them then your stake of $180 will get you a further $100.
The very 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 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 what amount you will need to bet to win $100 on this sort of 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 above sample is just one example that could make your entry into sports betting a lot easier. Once you know on how to read sports betting lines you’ll be able to fine-tune your tactic to win huge amounts of money.