Betting on sports can be 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 knowledge of the right betting strategy then you can certainly 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 as this can help you to get the most out of your bet and in addition 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 America, 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, be it college sports or simply 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 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 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
Firstly, the – sign beside Dallas indicates that this is the favored team to win whereas the + sign next to Pittsburgh indicates that they are the underdog. The next figure i.e. 11.5 on both lines signifies 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 the amount 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 want 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 the risk is higher and you win more money for a lower stake whereas if you bet on the favored team you’ll win a smaller prize while you’ll need to put a higher stake. Hence should you bet on Pittsburg, i.e. the underdogs then a $100 stake gives you an additional $220 if they win the match but when Dallas win and you have betted on them then this stake of $180 will earn you an additional $100.
The very last line indicates the over-under, i.e. 38.5. Hence, no matter what which team wins, in the event 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 how much you will need to bet to win $100 on this sort of bet.
You can 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 help make your entry into sports betting faster and easier. Once you know on the way to read sports betting lines you’ll be able to fine-tune your tactic to win huge amounts of money.