Betting on sports is often invigorating, while allowing you to earn or lose a lot of money. However, if you get into the betting arena furnished 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 as this will help you to get the most from a bet and also keep you from losing additional money than you should, in case the other team wins.
While betting on sports is not legal 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 as well as on car races and horse racing, be it college sports or simply professional sports including those hosted by pros for example 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 also on points plus the spread, if any for the outcome of the match. While it seems complicated, an example will help in simplifying the matter 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 beside Dallas signifies that this is the favored team to win whereas the + sign next to Pittsburgh indicates that they are the underdog. The subsequent figure i.e. 11.5 on both lines signifies that the favored team has to win and that too at least by way of the figure or points mentioned on the spread. The next 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 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’ll need to bet on the money line. If you bet on the underdog then your risk is higher and you simply win extra money for a lower stake whereas when you bet for the favored team then you will win a lesser prize even as you’ll need 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 if they win the match but if Dallas win and you’ve betted on them then this stake of $180 will get you a further $100.
The very last line indicates the over-under, i.e. 38.5. Hence, irrespective of which team wins, if the game finishes having a score of 12-10 and if you might 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 how much 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 to gambling on spreads and over-under. The aforementioned sample is only one example that can help make your entry into sports betting faster and easier. Once you learn on the way to read sports betting lines you’ll be able to fine-tune your strategy to win huge amounts of money.