Betting on sports is often invigorating, while permitting you to earn or lose a ton of money. However, if you get into the betting arena furnished with an in-depth knowledge of the right 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 since this will help you to obtain 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 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 on points plus the spread, if any for the result of the match. While it seems complicated, a case in point can help in simplifying the matter 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 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 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 may be mentioned on both lines indicates just how much you will have to bet in an effort 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 simply win extra money for a lower stake whereas when you bet for the favored team then you will win a smaller prize while you’ll need to put a higher stake. Hence should you bet on Pittsburg, i.e. the underdogs then a $100 stake will give you an extra $220 if they win the match but when Dallas win and you have betted with them then your stake of $180 will earn you a further $100.
The very last line indicates the over-under, i.e. 38.5. Hence, no matter what which team wins, if the game finishes with 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 this sort of bet.
You can start by gambling only on outright outcomes of each game or match before venturing 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 know on the way to read sports betting lines then you can fine-tune your tactic to win huge amounts of money.