Betting on sports is often 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 knowledge of the correct betting strategy you’ll then win money irrespective of the fate of the match. One important move which should 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 should, in case the other team wins.
While betting on sports is not legal in most states in the USA, you possibly can still bet when 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, 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 the 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 outcome of the match. Even as it seems complicated, an example 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
Firstly, the – sign next to Dallas indicates that it is the favored team to win whereas the + sign beside 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 the very least by the figure or points mentioned on the spread. The subsequent number i.e. 130 that may be mentioned on both lines indicates the amount 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’ll need to bet on the money line. Should you bet on the underdog then the risk is higher and you win more money for a lower stake whereas when you bet for the favored team you’ll win a lesser prize even as 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 on them then your stake of $180 will earn you a further $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 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 how much you will need to bet to win $100 on this sort of 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 just one example that can 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.