Betting on sports can be invigorating, while permitting you to earn or lose a ton of money. However, if you ever enter the betting arena armed with an in-depth knowledge of the correct betting strategy then you can certainly win money no matter what the fate of the match. One important move which should be implemented is on how to read sports betting lines as this will help you to get the most out of your bet and in addition keep you from losing more money than you ought to, once the other team wins.
While betting on sports isn’t legal practically in most states in America, you possibly can still bet when you use the internet. You’ll be able to practically bet on any sports like as football, basketball, baseball and even 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 along with the underdog, the odds, the over, under and also on points and the spread, if any on the outcome of the match. While it seems complicated, an example will help in simplifying the issue easily. For instance, a Dallas against Pittsburgh football match could display the subsequent 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 beside Pittsburgh signifies that they 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 the very 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 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. If you bet on the underdog then the risk is higher and you 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 in a higher stake. Hence if you bet on Pittsburg, i.e. the underdogs then your $100 stake gives you an extra $220 should they win the match but when Dallas win and you have betted on them then your 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 because it’s 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 can start by gambling only on outright results of each game or match before venturing on to gambling on spreads and over-under. The aforementioned sample is only one example that can help make your entry into sports betting a lot easier. Once you know on how to read sports betting lines you’ll be able to fine-tune your strategy to win huge amounts of money.