Betting on sports can be invigorating, while permitting you to earn or lose a ton of money. However, if you enter the betting arena armed with an in-depth comprehension of the right betting strategy then you can certainly win money irrespective of the fate of the match. One important move that needs to be implemented is on how to read sports betting lines as this will help you to obtain the most from a bet and also prevent you from losing more money than you ought to, in case the other team wins.
While betting on sports isn’t legal practically in most states in America, 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 simply 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 the names of the teams including the favored along with the underdog, the odds, the over, under and on points and the spread, if any on the outcome of the match. Even as 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 next to Dallas signifies that it is the favored team to win whereas the + sign next to Pittsburgh indicates that they 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 the figure or points mentioned on the spread. The subsequent number i.e. 130 that is mentioned on both lines indicates the amount 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 want to bet on any team winning the match outright, then you’ll need to bet on the money line. If you bet on the underdog then the risk is higher and you win extra money for a lower stake whereas if you bet for the favored team you’ll win a lesser prize even as 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 additional $220 if they win the match but if Dallas win and you have betted on them then this stake of $180 will earn you a further $100.
The last line indicates the over-under, i.e. 38.5. Hence, no matter what 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 since it is 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 can start by gambling only on outright results of each game or match before venturing to gambling on spreads and over-under. The above sample is just one example that could help make your entry into sports betting a lot easier. Once you learn on the way to read sports betting lines then you can fine-tune your tactic to win huge amounts of money.