Betting on sports can be invigorating, while permitting you to earn or lose a lot of money. However, if you ever enter the betting arena armed with an in-depth knowledge of the correct betting strategy you’ll then 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 obtain the most from a bet and in addition keep you from losing more money than you should, in case the other team wins.
While betting on sports isn’t legal practically in most states in America, you possibly can still bet if you go online. You’ll be able to 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 for example 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 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
Firstly, the – sign next to Dallas signifies that it is the favored team to win whereas the + sign beside Pittsburgh signifies that they are the underdog. The next figure i.e. 11.5 on both lines indicates that the favored team has 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 is mentioned on both lines indicates just how much 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 want to bet on any team winning the match outright, then you need to bet on the money line. Should you bet on the underdog then the risk is higher and you win extra money for a lower stake whereas if you bet for the favored team you’ll win a lesser prize while you’ll need to put in a higher stake. Hence should you bet on Pittsburg, i.e. the underdogs then a $100 stake will give you an additional $220 if they win the match but if Dallas win and you’ve betted with them then your stake of $180 will earn 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 how much you have got 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 on to gambling on spreads and over-under. The above sample is only one example that could make your entry into sports betting faster and easier. Once you learn on how to read sports betting lines you’ll be able to fine-tune your strategy to win huge amounts of money.