Betting on sports is often invigorating, while permitting you to earn or lose a lot of money. However, if you enter 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 as this can help you to get the most out of your 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 when you use the internet. You can practically bet on any sports like 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 such as 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 and the underdog, the odds, the over, under and also on points and 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 subsequent 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 signifies that those are the underdog. The next 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 subsequent number i.e. 130 that is mentioned on both lines indicates just how much that you will have to bet in order to win $100 on that bet.
The last numbers on both the lines indicate the money line. If you want 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 for a lower stake whereas when you bet for the favored team you’ll win a smaller 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 will give you an additional $220 if they win the match but if Dallas win and you’ve betted with them then your stake of $180 will earn you a further $100.
The very last line indicates the over-under, i.e. 38.5. Hence, irrespective of which team wins, in the event 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 how much you will need 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 on to gambling on spreads and over-under. The aforementioned sample is just one 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 strategy to win huge amounts of money.