Betting on sports is often invigorating, while permitting you to earn or lose a lot 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 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 in addition keep you from losing more money than you ought to, once the other team wins.
While betting on sports isn’t legal practically in most states in the USA, you can still bet if you go online. You can practically bet on any sports such as football, basketball, baseball as well as on car races and horse racing, whether it’s 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 result of the match. While it seems complicated, a case in point can 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 beside Dallas signifies that it is the favored team to win whereas the + sign beside Pittsburgh signifies that those 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 next 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’ll need to bet on the money line. If you bet on the underdog then your risk is higher and you win more money for a lower stake whereas when you bet for the favored team then you will 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 gives you an additional $220 should they win the match but when Dallas win and you have betted with them then this stake of $180 will earn you an additional $100.
The last line indicates the over-under, i.e. 38.5. Hence, no matter what 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 since it is lower then 38.5. The number 130 next to the ov indicates how much you have got to bet to win $100 on this sort of bet.
You could start by gambling only on outright results of each game or match before venturing on 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 learn on the way to read sports betting lines you’ll be able to fine-tune your strategy to win huge amounts of money.