Betting on sports can be invigorating, while allowing you to earn or lose a lot of money. However, if you ever enter the betting arena armed with an in-depth knowledge of the correct betting strategy you’ll then win money no matter what the fate of the match. One important move that needs to be implemented is on how to read sports betting lines since this will help you to obtain the most out of your bet and in addition keep you from losing more money than you should, once the other team wins.
While betting on sports is not legal practically in most states in the USA, you possibly can still bet when 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 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 for the result of the match. While it seems complicated, an example can help in simplifying the issue 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 next to Dallas signifies that this is the favored team to win whereas the + sign next to Pittsburgh signifies that they are the underdog. The subsequent 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 next number i.e. 130 that is 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. Should you bet on the underdog then the risk is higher and you simply win more money for a lower stake whereas if you bet on the favored team you’ll win a lesser prize even as you will have to put a higher stake. Hence should you bet on Pittsburg, i.e. the underdogs then your $100 stake will give you an extra $220 should they win the match but if Dallas win and you’ve betted with them then this 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 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 what amount you will need to bet to win $100 on such a bet.
You can 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 just an example that can help make your entry into sports betting faster and easier. Once you know on how to read sports betting lines then you can fine-tune your strategy to win huge amounts of money.