Betting on sports can be invigorating, while allowing you to earn or lose a ton of money. However, if you ever get into the betting arena armed 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 since this can help you to obtain the most from a bet and in addition prevent you from losing more money than you ought to, in case the other team wins.
While betting on sports isn’t legal practically in most states in America, you 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 for example the NFL, NBA, and NHL. While sports betting lines differ according to 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 on 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 subsequent sports betting lines.
Dallas -11.5-130 -180
Pittsburgh +11.5-130 +220
Firstly, the – sign next to Dallas signifies that this is the favored team to win whereas the + sign next to Pittsburgh signifies that those are the underdog. The subsequent figure i.e. 11.5 on both lines signifies that the favored team has got to win and that too at the very least by the figure or points mentioned on the spread. The next number i.e. 130 that is mentioned on both lines indicates just how much 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’ll need to bet on the money line. If you bet on the underdog then the risk is higher and you win more money at a lower stake whereas when you bet for the favored team you’ll win a lesser prize while you will have 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 get you an additional $100.
The very last line indicates the over-under, i.e. 38.5. Hence, irrespective of which team wins, if the game finishes with 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 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 above sample is only an example that could help make your entry into sports betting a lot easier. Once you learn on the way to read sports betting lines you’ll be able to fine-tune your tactic to win huge amounts of money.