Betting on sports is often invigorating, while allowing you to earn or lose a ton 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 obtain the most out of your bet and also keep 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 the USA, you possibly can still bet if you go online. You’ll be able to practically bet on any sports such as football, basketball, baseball as well as 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 and the spread, if any on the outcome of the match. While it seems complicated, a case in point can help in simplifying the matter 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 next to Dallas signifies that it is the favored team to win whereas the + sign beside Pittsburgh indicates that they 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 is mentioned on both lines indicates the amount you will have to bet in order 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 need to bet on the money line. Should 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 smaller prize while you will have to put in a higher stake. Hence should you bet on Pittsburg, i.e. the underdogs then your $100 stake will give you an extra $220 if they win the match but when Dallas win and you’ve betted on 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 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 this sort of bet.
You could start by gambling only on outright outcomes of each game or match before venturing on to gambling on spreads and over-under. The above sample is only one example that can 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.