Betting on sports can be invigorating, while allowing you to earn or lose a lot of money. However, if you ever get into the betting arena armed with an in-depth knowledge of the right betting strategy you’ll then win money irrespective of the fate of the match. One important move which should be implemented is on how to read sports betting lines as this will help you to obtain the most from a bet and in addition keep you from losing additional money than you ought to, once the other team wins.
While betting on sports is not legal practically in most states in America, you possibly can still bet if you go online. You can practically bet on any sports like as football, basketball, baseball and even on car races and horse racing, whether it’s college sports or even 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 and the underdog, the odds, the over, under and also on points and the spread, if any for the outcome of the match. Even as it seems complicated, an example can help in simplifying the matter easily. For instance, a Dallas against Pittsburgh football match could display the subsequent 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 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 just how much that you will have to bet in an effort 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 extra money for a lower stake whereas when you bet on the favored team then you will win a lesser prize even as you’ll need to put in a higher stake. Hence if you bet on Pittsburg, i.e. the underdogs then your $100 stake gives you an extra $220 if they win the match but when Dallas win and you have betted on them then this stake of $180 will get 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 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 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 only one example that could make your entry into sports betting a lot easier. Once you learn on how to read sports betting lines then you can fine-tune your strategy to win huge amounts of money.