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 armed with an in-depth knowledge of the correct betting strategy you’ll then 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 also keep you from losing more money than you should, once 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 go online. You can practically bet on any sports such as football, basketball, baseball as well as on car races and horse racing, whether it’s college sports or even professional sports including those hosted by pros such as the NFL, NBA, and NHL. While sports betting lines differ in accordance with the sports, most have common features that mention names of the teams including the favored and the underdog, the odds, the over, under and on points and the spread, if any for 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 indicates that it is the favored team to win whereas the + sign next to Pittsburgh signifies that they are the underdog. The subsequent figure i.e. 11.5 on both lines indicates that the favored team has 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 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 want to bet on any team winning the match outright, then you need to bet on the money line. Should you bet on the underdog then your risk is higher and you simply win more money at a lower stake whereas when you bet for the favored team you’ll win a smaller prize while you will have to put a higher stake. Hence if you bet on Pittsburg, i.e. the underdogs then a $100 stake will give you an additional $220 if they win the match but when Dallas win and you’ve betted on them then your stake of $180 will get 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 having a score of 12-10 and if you might 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 have got to bet to win $100 on this sort of bet.
You can start by gambling only on outright outcomes of each game or match before venturing on to gambling on spreads and over-under. The aforementioned sample is just one example that can help make your entry into sports betting faster and 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.