Betting on sports can be invigorating, while permitting you to earn or lose a lot of money. However, if you enter the betting arena furnished 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 obtain the most out of your bet and in addition prevent you from losing additional money than you should, once the other team wins.
While betting on sports is not legal in most states in the USA, you can still bet if you use the internet. You can 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 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 on points plus the spread, if any for the outcome of the match. Even as it seems complicated, a case in point 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
Firstly, the – sign beside Dallas indicates that it is the favored team to win whereas the + sign beside Pittsburgh signifies that those are the underdog. The next 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 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’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 your risk is higher and you simply win more money for a lower stake whereas when you bet for the favored team you’ll win a smaller prize even as you’ll need to put a higher stake. Hence if you bet on Pittsburg, i.e. the underdogs then your $100 stake gives you an additional $220 if they win the match but when Dallas win and you’ve betted with them then this 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 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 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 just an example that can help make your entry into sports betting a lot 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.