Betting on sports is often invigorating, while allowing you to earn or lose a lot of money. However, if you ever enter the betting arena furnished with an in-depth comprehension of the correct betting strategy then you can certainly win money irrespective of 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 get the most out of your bet and in addition prevent you from losing more money than you should, once the other team wins.
While betting on sports isn’t legal practically in most states in America, you possibly can still bet if you use the internet. 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 simply professional sports including those hosted by pros such as 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 for the result of the match. While it seems complicated, a case in point can help in simplifying the issue 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 indicates that it is the favored team to win whereas the + sign beside Pittsburgh indicates that they are the underdog. The subsequent 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 way of the figure or points mentioned on the spread. The subsequent 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 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 need to bet on the money line. If you bet on the underdog then the risk is higher and you win extra money at a lower stake whereas when you bet for the favored team you’ll win a smaller prize while you will have to put a higher stake. Hence should you bet on Pittsburg, i.e. the underdogs then your $100 stake gives you an extra $220 if 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 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 could 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 could help 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.