Betting on sports can be invigorating, while allowing you to earn or lose a ton of money. However, if you enter the betting arena armed with an in-depth knowledge of the right betting strategy then you can certainly win money no matter what the fate of the match. One important move which should be implemented is concerning how to read sports betting lines since this can help you to get the most from a bet and in addition keep you from losing more money than you ought to, in case the other team wins.
While betting on sports is not legal practically in most states in the USA, 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, 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 in accordance with 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 for the outcome of the match. Even as 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 following sports betting lines.
Dallas -11.5-130 -180
Pittsburgh +11.5-130 +220
Firstly, the – sign beside Dallas indicates that this is the favored team to win whereas the + sign next to Pittsburgh signifies that they are the underdog. The next 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 is mentioned on both lines indicates just how much 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 your risk is higher and you simply win more money at a lower stake whereas if you bet on the favored team you’ll win a smaller prize while 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 if they win the match but when Dallas win and you have betted on them then this 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 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 what amount you have got 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 aforementioned sample is just one example that could make your entry into sports betting faster and easier. Once you know on the way to read sports betting lines then you can fine-tune your tactic to win huge amounts of money.