Betting on sports is often invigorating, while allowing you to earn or lose a ton of money. However, if you ever get into 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 concerning how to read sports betting lines as this can help you to obtain the most out of your bet and in addition keep you from losing additional money than you should, once the other team wins.
While betting on sports is not legal practically in most states in the USA, you possibly can still bet when 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 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. While it seems complicated, an example will help in simplifying the issue easily. For example, a Dallas against Pittsburgh football match could display the subsequent sports betting lines.
Dallas -11.5-130 -180
Pittsburgh +11.5-130 +220
38.5 ov-130
Firstly, the – sign beside Dallas indicates that this is the favored team to win whereas the + sign beside Pittsburgh signifies that those are the underdog. The subsequent figure i.e. 11.5 on both lines signifies that the favored team has got 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 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. 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 on the favored team then you will 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 a $100 stake gives you an extra $220 should they win the match but when Dallas win and you’ve 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, irrespective of which team wins, if 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 what amount you have got 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 to gambling on spreads and over-under. The above sample is just one example that could help 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.