Betting on sports can be invigorating, while allowing you to earn or lose a ton of money. However, if you get into the betting arena furnished with an in-depth comprehension of the right betting strategy then you can certainly 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 get the most from a bet and also prevent you from losing more money than you ought to, in case the other team wins.
While betting on sports isn’t legal in most states in the USA, you can still bet when you use the internet. You can practically bet on any sports such as football, basketball, baseball as well as on car races and horse racing, whether it’s college sports or simply 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 names of the teams including the favored and the underdog, the odds, the over, under and on points and the spread, if any on the outcome of the match. Even as it seems complicated, a case in point can help in simplifying the matter easily. For example, 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 it is the favored team to win whereas the + sign next to Pittsburgh indicates that those are the underdog. The next 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 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’d like 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 simply win more money for a lower stake whereas when you bet on the favored team then you will win a smaller prize even as you’ll need to put a higher stake. Hence if you bet on Pittsburg, i.e. the underdogs then your $100 stake will give you an extra $220 if they win the match but when Dallas win and you’ve betted on them then your stake of $180 will get you a further $100.
The last line indicates the over-under, i.e. 38.5. Hence, irrespective of 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 what amount you will need to bet to win $100 on such a bet.
You can start by gambling only on outright outcomes of each game or match before venturing to gambling on spreads and over-under. The above sample is just one example that could help make your entry into sports betting faster and easier. Once you learn on the way to read sports betting lines you’ll be able to fine-tune your strategy to win huge amounts of money.