Betting on sports is often invigorating, while allowing you to earn or lose a lot of money. However, if you get into the betting arena armed with an in-depth knowledge of the right betting strategy then you can certainly win money no matter what the fate of the match. One important move that needs to be implemented is on how to read sports betting lines as this can help you to get the most from a bet and also prevent you from losing additional money than you ought to, in case the other team wins.
While betting on sports isn’t legal in most states in America, you possibly can still bet if you go online. You’ll be able to practically bet on any sports such as football, basketball, baseball and even on car races and horse racing, whether it’s college sports or simply 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 on points plus the spread, if any on the result of the match. Even as it seems complicated, an example can help in simplifying the matter easily. For instance, 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 next to Dallas indicates that it is the favored team to win whereas the + sign beside Pittsburgh indicates 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 least by way of 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 that 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’d like 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 win extra money at a lower stake whereas if you bet for the favored team you’ll win a lesser prize while you will have to put in a higher stake. Hence if you bet on Pittsburg, i.e. the underdogs then a $100 stake gives you an additional $220 should they win the match but if Dallas win and you’ve 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, in the event the game finishes with 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 what amount you will need 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 aforementioned sample is only an example that could help make your entry into sports betting faster and easier. Once you know on how to read sports betting lines then you can fine-tune your strategy to win huge amounts of money.