How to read sports betting lines and start winning

Betting on sports can be invigorating, while permitting you to earn or lose a ton of money. However, if you get into the betting arena armed with an in-depth knowledge of the right 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 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 isn’t legal practically in most states in the USA, you possibly can still bet if you go online. You can 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 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 result of the match. While it seems complicated, a case in point will help in simplifying the matter easily. For example, a Dallas against Pittsburgh football match could display the subsequent sports betting lines.

Dallas -11.5-130 -180
Pittsburgh +11.5-130 +220
38.5 ov-130
quantitative analysis sports betting

Firstly, the – sign next to Dallas signifies that this 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 indicates that the favored team has to win and that too at 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 the amount 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’ll need to bet on the money line. Should you bet on the underdog then the risk is higher and you win extra money at a lower stake whereas if you bet for the favored team you’ll win a smaller prize while you will have to put in a higher stake. Hence if you bet on Pittsburg, i.e. the underdogs then a $100 stake gives you an extra $220 should they win the match but if Dallas win and you’ve betted on them then your stake of $180 will get you an additional $100.

The very 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 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 will need to bet to win $100 on this sort of bet.

You could 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 only one example that can make your entry into sports betting a lot easier. Once you know on how to read sports betting lines you’ll be able to fine-tune your tactic to win huge amounts of money.