Betting on sports can be invigorating, while allowing you to earn or lose a lot of money. However, if you ever enter the betting arena armed with an in-depth comprehension of the correct betting strategy then you can certainly win money irrespective of the fate of the match. One important move which should be implemented is on how to read sports betting lines since this will help you to obtain the most from a bet and in addition keep you from losing additional money than you ought to, in case the other team wins.
While betting on sports is not legal practically in most states in America, you can still bet when you go online. You can practically bet on any sports like as football, basketball, baseball as well as on car races and horse racing, whether it’s 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 names of the teams including the favored and the underdog, the odds, the over, under and also on points plus the spread, if any on the outcome of the match. While it seems complicated, an example 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 beside Dallas signifies that this is the favored team to win whereas the + sign beside Pittsburgh signifies that they are the underdog. The subsequent 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 subsequent number i.e. 130 that is mentioned on both lines indicates just how much that you will have to bet in an effort 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’ll need to bet on the money line. If you bet on the underdog then the risk is higher and you simply win extra money at a lower stake whereas when you bet for the favored team then you will win a smaller prize even as you will have to put in a higher stake. Hence if you bet on Pittsburg, i.e. the underdogs then a $100 stake gives you an extra $220 should they win the match but if Dallas win and you have betted on them then this stake of $180 will get you a further $100.
The last line indicates the over-under, i.e. 38.5. Hence, no matter what which team wins, if 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 such a 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 above sample is only one example that can help make your entry into sports betting faster and easier. Once you know on how to read sports betting lines then you can fine-tune your strategy to win huge amounts of money.