Betting on sports is often invigorating, while permitting you to earn or lose a ton of money. However, if you get into the betting arena furnished with an in-depth knowledge of the right betting strategy you’ll then win money no matter what the fate of the match. One important move which should be implemented is on how to read sports betting lines since this can help you to get the most out of your bet and also prevent you from losing more money than you should, once the other team wins.
While betting on sports is not legal in most states in the USA, you can still bet when you use the internet. You can practically bet on any sports such as football, basketball, baseball and even on car races and horse racing, whether it’s 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 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 example, a Dallas against Pittsburgh football match could display the following sports betting lines.
Dallas -11.5-130 -180
Pittsburgh +11.5-130 +220
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Firstly, the – sign next to Dallas signifies that it is the favored team to win whereas the + sign beside Pittsburgh signifies that they are the underdog. The next figure i.e. 11.5 on both lines indicates that the favored team has got to win and that too at the very 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 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 need to bet on the money line. Should you bet on the underdog then your risk is higher and you simply win extra money for a lower stake whereas when you bet on the favored team then you will 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 additional $220 should they win the match but when Dallas win and you’ve betted with them then your stake of $180 will earn you a further $100.
The 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 have got to bet to win $100 on this sort of bet.
You could start by gambling only on outright outcomes of each game or match before venturing to gambling on spreads and over-under. The aforementioned sample is only an example that can make your entry into sports betting a lot easier. Once you learn on how to read sports betting lines you’ll be able to fine-tune your tactic to win huge amounts of money.