Betting on sports is often invigorating, while allowing you to earn or lose a lot of money. However, if you ever enter the betting arena furnished with an in-depth knowledge 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 since this will help you to obtain the most out of your bet and also prevent you from losing more money than you should, in case the other team wins.
While betting on sports isn’t legal practically in most states in the USA, you possibly can still bet if you use the internet. You can practically bet on any sports such as football, basketball, baseball as well as 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 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 for the result of the match. Even as it seems complicated, a case in point can 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 next to Pittsburgh signifies that those are the underdog. The next figure i.e. 11.5 on both lines indicates 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 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’ll need to bet on the money line. Should you bet on the underdog then your risk is higher and you win more money for a lower stake whereas if you bet for the favored team then you will win a lesser prize while you will have to put a higher stake. Hence should 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 earn you an additional $100.
The very 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 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 have got to bet to win $100 on this sort of bet.
You could start by gambling only on outright outcomes of each game or match before venturing to gambling on spreads and over-under. The above sample is only an example that could 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.