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 right betting strategy then you can certainly win money no matter what 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 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 can still bet when you go online. You can practically bet on any sports like as football, basketball, baseball and even on car races and horse racing, be it college sports or even 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 and 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 will help in simplifying the matter 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
Firstly, the – sign beside Dallas indicates that it 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 to win and that too at the very least by the figure or points mentioned on the spread. The subsequent number i.e. 130 that may be mentioned on both lines indicates just how much you will have to bet in order 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 simply win more money for a lower stake whereas when you bet for the favored team then you will win a smaller prize even as you will have to put a higher stake. Hence should you bet on Pittsburg, i.e. the underdogs then a $100 stake gives you an extra $220 if they win the match but if Dallas win and you’ve betted with them then this stake of $180 will earn you an additional $100.
The very last line indicates the over-under, i.e. 38.5. Hence, no matter what which team wins, in the event 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 will need 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 aforementioned sample is just one example that could help make your entry into sports betting a lot easier. Once you know on the way to read sports betting lines you’ll be able to fine-tune your tactic to win huge amounts of money.