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 knowledge of the correct 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 as this can help you to get the most from a bet and in addition prevent you from losing additional money than you ought to, once the other team wins.
While betting on sports is not legal practically in most states in America, you can still bet when you go online. You’ll be able to 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. While it seems complicated, an example will help in simplifying the issue easily. For instance, 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 this 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 indicates that the favored team has got to win and that too at the very 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 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. Should you bet on the underdog then the risk is higher and you win more money at a lower stake whereas if you bet for the favored team then you will win a smaller prize while you will have to put in a higher stake. Hence if you bet on Pittsburg, i.e. the underdogs then your $100 stake will give you an extra $220 should they win the match but if Dallas win and you have betted with them then your stake of $180 will get you a further $100.
The 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 how much you will need to bet to win $100 on such a bet.
You could 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 only one example that can 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.