Betting on sports is often invigorating, while allowing you to earn or lose a lot of money. However, if you ever get into the betting arena furnished 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 that needs to be implemented is on how to read sports betting lines as this will help you to get the most out of your bet and also prevent 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 America, you possibly can still bet if you use the internet. You’ll be able to practically bet on any sports like as football, basketball, baseball as well as 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 the names of the teams including the favored along with the underdog, the odds, the over, under and also on points and the spread, if any for the outcome of the match. Even as 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 following sports betting lines.
Dallas -11.5-130 -180
Pittsburgh +11.5-130 +220
Firstly, the – sign next to Dallas signifies that it is the favored team to win whereas the + sign next to Pittsburgh indicates 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 least by way of the figure or points mentioned on the spread. The subsequent number i.e. 130 that may be 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 the risk is higher and you simply win more money at a lower stake whereas when you bet for the favored team you’ll win a lesser prize while you’ll need to put in a higher stake. Hence should you bet on Pittsburg, i.e. the underdogs then a $100 stake gives you an additional $220 should they win the match but when Dallas win and you’ve betted with them then your stake of $180 will earn you an additional $100.
The 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 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 to gambling on spreads and over-under. The aforementioned sample is only one example that could 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.