Betting on sports can be invigorating, while allowing you to earn or lose a lot of money. However, if you ever 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 that needs to be implemented is on how to read sports betting lines since this can help you to obtain the most from a bet and also prevent you from losing more money than you ought to, in case the other team wins.
While betting on sports isn’t legal in most states in the USA, you possibly 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, be it 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 and the underdog, the odds, the over, under and on points plus the spread, if any on the outcome of the match. Even as it seems complicated, a case in point will help in simplifying the issue easily. For example, a Dallas against Pittsburgh football match could display the subsequent sports betting lines.
Dallas -11.5-130 -180
Pittsburgh +11.5-130 +220
38.5 ov-130
Firstly, the – sign beside Dallas indicates 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 indicates that the favored team has to win and that too at least by the figure or points mentioned on the spread. The next 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’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 win extra 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 if they win the match but if Dallas win and you’ve betted with 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 with a score of 12-10 and if you might have bet under, then 12+10=22, hence you win because it’s lower then 38.5. The number 130 next to the ov indicates how much you have got 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 to gambling on spreads and over-under. The aforementioned sample is only one example that could make your entry into sports betting faster and easier. Once you learn on the way to read sports betting lines then you can fine-tune your strategy to win huge amounts of money.