Betting on sports can be invigorating, while allowing you to earn or lose a lot of money. However, if you ever enter the betting arena armed 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 that needs to 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 keep you from losing more money than you ought to, once the other team wins.
While betting on sports is not legal practically in most states in the USA, you can still bet if you use the internet. You’ll be able to 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 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 also on points plus the spread, if any for the result of the match. Even as it seems complicated, an example 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 beside Dallas signifies that it is the favored team to win whereas the + sign next to Pittsburgh indicates that those are the underdog. The next figure i.e. 11.5 on both lines signifies that the favored team has got 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 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’ll need to bet on the money line. If you bet on the underdog then your risk is higher and you simply win more money at a lower stake whereas when you bet on the favored team you’ll win a lesser prize while you’ll need to put in a higher stake. Hence if you bet on Pittsburg, i.e. the underdogs then a $100 stake will give you an additional $220 should they win the match but if Dallas win and you have 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, if 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 have got 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 aforementioned sample is just an example that could make your entry into sports betting a lot easier. Once you learn on how to read sports betting lines then you can fine-tune your tactic to win huge amounts of money.