Betting on sports can be invigorating, while allowing you to earn or lose a ton of money. However, if you ever enter the betting arena armed with an in-depth knowledge of the correct betting strategy then you can certainly win money no matter what the fate of the match. One important move which should be implemented is concerning how to read sports betting lines as this can 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 isn’t 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 like as football, basketball, baseball and even on car races and horse racing, be it 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 for the result of the match. Even as it seems complicated, an example will 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
38.5 ov-130
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 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 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’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 win more money at a lower stake whereas when you bet for the favored team then you will win a lesser prize even as you will have to put in a higher stake. Hence should you bet on Pittsburg, i.e. the underdogs then your $100 stake will give you an additional $220 should they win the match but if Dallas win and you have betted with them then your stake of $180 will earn you an additional $100.
The last line indicates the over-under, i.e. 38.5. Hence, irrespective of which team wins, if the game finishes having 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 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 above sample is only one example that could help make your entry into sports betting faster and 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.