Betting on sports is often invigorating, while permitting 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 then you can certainly win money no matter what the fate of the match. One important move that needs to be implemented is concerning how to read sports betting lines as this can help you to obtain the most from a bet and also prevent you from losing more money than you should, in case the other team wins.
While betting on sports isn’t legal in most states in the USA, you can still bet if you use the internet. You can practically bet on any sports like as football, basketball, baseball as well as on car races and horse racing, be it college sports or simply professional sports including those hosted by pros such as the NFL, NBA, and NHL. While sports betting lines differ according to the sports, most have common features that mention the names of the teams including the favored along with the underdog, the odds, the over, under and also on points plus the spread, if any on the outcome of the match. While it seems complicated, an example will 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
38.5 ov-130 arbitrage betting caught
Firstly, the – sign next to Dallas indicates that it is the favored team to win whereas the + sign beside Pittsburgh signifies that those are the underdog. The subsequent figure i.e. 11.5 on both lines signifies that the favored team has got to win and that too at least by the figure or points mentioned on the spread. The subsequent number i.e. 130 that is mentioned on both lines indicates just how much that you will have to bet in an effort to win $100 on that bet.
The very 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. Should you bet on the underdog then the risk is higher and you win more money for a lower stake whereas if you bet for the favored team then you will win a lesser prize while you will have to put in a higher stake. Hence if you bet on Pittsburg, i.e. the underdogs then a $100 stake will give you an additional $220 should they win the match but if Dallas win and you have betted on them then your stake of $180 will earn you a further $100.
The last line indicates the over-under, i.e. 38.5. Hence, no matter what which team wins, if the game finishes with a score of 12-10 and if you have bet under, then 12+10=22, hence you win since it is 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 can start by gambling only on outright results of each game or match before venturing on to gambling on spreads and over-under. The above sample is just an example that could make your entry into sports betting a lot easier. Once you know on how to read sports betting lines then you can fine-tune your strategy to win huge amounts of money.