Betting on sports is often 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 irrespective of the fate of the match. One important move which should be implemented is concerning how to read sports betting lines since this will help you to obtain the most out of your bet and also prevent you from losing additional money than you should, once the other team wins.
While betting on sports isn’t legal in most states in America, you can still bet when you use the internet. You can 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 the names of the teams including the favored and the underdog, the odds, the over, under and on points plus the spread, if any for the result of the match. While it seems complicated, a case in point will 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 next to Dallas signifies that this is the favored team to win whereas the + sign next to Pittsburgh signifies that they 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 least by way of the figure or points mentioned on the spread. The next number i.e. 130 that may be mentioned on both lines indicates just how much 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. If you bet on the underdog then your risk is higher and you simply win more money for a lower stake whereas if you bet for the favored team then you will win a smaller prize while you will have to put a higher stake. Hence should you bet on Pittsburg, i.e. the underdogs then a $100 stake will give you an additional $220 if they win the match but if Dallas win and you have betted on them then this stake of $180 will earn you a further $100.
The very 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 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 what amount you have got to bet to win $100 on this sort of bet.
You can start by gambling only on outright results of each game or match before venturing on to gambling on spreads and over-under. The above sample is just one example that can make your entry into sports betting faster and easier. Once you know on how to read sports betting lines you’ll be able to fine-tune your tactic to win huge amounts of money.