Betting on sports is often invigorating, while permitting you to earn or lose a lot of money. However, if you 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 that needs to be implemented is on how to read sports betting lines as this will help you to get the most from a bet and in addition keep you from losing more money than you ought to, once the other team wins.
While betting on sports isn’t legal in most states in America, you can still bet if you use the internet. You can practically bet on any sports such as football, basketball, baseball and even 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 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 on points and the spread, if any on the outcome of the match. While it seems complicated, a case in point can help in simplifying the issue easily. For example, 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 beside Dallas signifies that it is the favored team to win whereas the + sign beside Pittsburgh signifies that those are the underdog. The next figure i.e. 11.5 on both lines signifies that the favored team has to win and that too at least by way of the figure or points mentioned on the spread. The next 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 need to bet on the money line. If you bet on the underdog then your risk is higher and you win more money at a lower stake whereas when you bet for the favored team then you will win a smaller prize even as you will have to put in a higher stake. Hence should you bet on Pittsburg, i.e. the underdogs then your $100 stake gives you an additional $220 should they win the match but if Dallas win and you’ve betted on them then your stake of $180 will get you an additional $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 with a score of 12-10 and if you might 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 what amount you will need to bet to win $100 on this sort of bet.
You can start by gambling only on outright results of each game or match before venturing to gambling on spreads and over-under. The aforementioned sample is just an example that can help make your entry into sports betting faster and easier. Once you know on the way to read sports betting lines you’ll be able to fine-tune your tactic to win huge amounts of money.