Betting on sports is often invigorating, while permitting 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 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 from a bet and also keep you from losing more money than you should, in case the other team wins.
While betting on sports is not legal in most states in the USA, you can still bet if you go online. You’ll be able to practically bet on any sports such as football, basketball, baseball and even on car races and horse racing, whether it’s college sports or even 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 on points and the spread, if any on the result of the match. While it seems complicated, a case in point 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
38.5 ov-130
Firstly, the – sign next to Dallas signifies that this is the favored team to win whereas the + sign beside 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 subsequent 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 very 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 your risk is higher and you simply win more money at a lower stake whereas when you bet for the favored team you’ll win a lesser prize even as you’ll need to put in a higher stake. Hence if you bet on Pittsburg, i.e. the underdogs then a $100 stake will give you an extra $220 should they win the match but when Dallas win and you have betted on 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, no matter what which team wins, if the game finishes having a score of 12-10 and if you 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 could start by gambling only on outright outcomes of each game or match before venturing on to gambling on spreads and over-under. The above sample is just one example that can help make your entry into sports betting a lot easier. Once you know on how to read sports betting lines you’ll be able to fine-tune your tactic to win huge amounts of money.