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 then you can certainly 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 since this will help you to get the most from a bet and also prevent you from losing more money than you should, once the other team wins.
While betting on sports is not legal in most states in America, you can still bet when you go online. 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 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 names of the teams including the favored and the underdog, the odds, the over, under and on points plus the spread, if any for 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 subsequent sports betting lines.
Dallas -11.5-130 -180
Pittsburgh +11.5-130 +220
Firstly, the – sign beside Dallas indicates that it is the favored team to win whereas the + sign next to Pittsburgh signifies 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 next number i.e. 130 that is mentioned on both lines indicates the amount 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’d like 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 your risk is higher and you simply win more money for a lower stake whereas if you bet for the favored team then you will win a lesser prize while 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 have betted on them then your stake of $180 will earn you an additional $100.
The very last line indicates the over-under, i.e. 38.5. Hence, no matter what which team wins, if the game finishes having 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 what amount you have got to bet to win $100 on such a bet.
You can start by gambling only on outright results of each game or match before venturing on to gambling on spreads and over-under. The aforementioned sample is just an example that can make your entry into sports betting a lot easier. Once you learn on how to read sports betting lines you’ll be able to fine-tune your tactic to win huge amounts of money.