Betting on sports can be invigorating, while permitting you to earn or lose a ton of money. However, if you get into the betting arena furnished 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 that needs to be implemented is concerning how to read sports betting lines as this will help you to obtain the most from a bet and in addition prevent you from losing more money than you ought to, in case the other team wins.
While betting on sports isn’t legal practically in most states in America, you can still bet if you use the internet. 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 for example the NFL, NBA, and NHL. While sports betting lines differ according to the sports, most have common features that mention names of the teams including the favored along with the underdog, the odds, the over, under and on points and the spread, if any on the result of the match. Even as it seems complicated, a case in point will 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
38.5 ov-130
Firstly, the – sign beside Dallas signifies that it is the favored team to win whereas the + sign next to Pittsburgh signifies that they are the underdog. The subsequent figure i.e. 11.5 on both lines indicates that the favored team has 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 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 simply win extra 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 should you bet on Pittsburg, i.e. the underdogs then your $100 stake will give you an additional $220 should they win the match but when Dallas win and you have betted on them then your stake of $180 will earn you an additional $100.
The last line indicates the over-under, i.e. 38.5. Hence, irrespective of which team wins, in the event 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 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 only an example that can help make your entry into sports betting a lot easier. Once you know on the way to read sports betting lines then you can fine-tune your strategy to win huge amounts of money.