Betting on sports can be invigorating, while allowing you to earn or lose a lot of money. However, if you get into the betting arena armed with an in-depth comprehension 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 can help you to obtain the most from a 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 in most states in the USA, you can still bet if you use the internet. You’ll be able to practically bet on any sports such as football, basketball, baseball as well as on car races and horse racing, whether it’s college sports or even 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 also on points plus the spread, if any on the outcome of the match. While it seems complicated, a case in point can 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 beside Dallas signifies that this is the favored team to win whereas the + sign next to Pittsburgh indicates 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 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 an effort to win $100 on that bet.
The 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 win more money for a lower stake whereas if you bet on 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 will give you an extra $220 if they win the match but when Dallas win and you have betted on them then this 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 because it’s lower then 38.5. The number 130 next to the ov indicates how much 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 above sample is only an example that can help 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.