Betting on sports can be invigorating, while permitting you to earn or lose a lot of money. However, if you enter the betting arena furnished 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 on how to read sports betting lines as this can help you to get the most out of your bet and also prevent 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 America, you can still bet if 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 for example 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 also on points plus the spread, if any for the outcome of the match. Even as it seems complicated, a case in point 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 next to Dallas signifies that it is the favored team to win whereas the + sign beside Pittsburgh indicates that they are the underdog. The next figure i.e. 11.5 on both lines signifies 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 may be mentioned on both lines indicates the amount that 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 the risk is higher and you win more money at a lower stake whereas if 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 additional $220 should they win the match but when Dallas win and you’ve betted with them then your 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, in the event 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 will need to bet to win $100 on this sort of bet.
You could 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 an example that could make your entry into sports betting faster and easier. Once you learn on the way to read sports betting lines you’ll be able to fine-tune your tactic to win huge amounts of money.