Betting on sports is often invigorating, while allowing you to earn or lose a lot of money. However, if you get into the betting arena armed with an in-depth comprehension of the right betting strategy then you can certainly win money irrespective of the fate of the match. One important move which should be implemented is concerning how to read sports betting lines as this will help you to obtain the most out of your bet and also prevent you from losing more money than you ought to, once the other team wins.
While betting on sports isn’t legal practically in most states in the USA, you possibly can still bet when you go online. You can practically bet on any sports such as football, basketball, baseball as well as on car races and horse racing, whether it’s college sports or even 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 the names of the teams including the favored along with the underdog, the odds, the over, under and also on points plus the spread, if any on the result of the match. Even as it seems complicated, a case in point 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
Firstly, the – sign next to Dallas signifies that it is the favored team to win whereas the + sign beside Pittsburgh indicates that those are the underdog. The next 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 subsequent 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 want 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 at a lower stake whereas if you bet for the favored team you’ll win a lesser prize even as you’ll need 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 if 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 last line indicates the over-under, i.e. 38.5. Hence, irrespective of which team wins, in the event 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 how much you will need to bet to win $100 on this sort of bet.
You could start by gambling only on outright results 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 strategy to win huge amounts of money.