Betting on sports can be invigorating, while allowing you to earn or lose a ton of money. However, if you 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 concerning how to read sports betting lines as this will help you to get the most out of your bet and in addition keep you from losing more money than you should, once the other team wins.
While betting on sports isn’t legal in most states in America, you can still bet if you use the internet. 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 for example the NFL, NBA, and NHL. While sports betting lines differ according to 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 plus the spread, if any for the result of the match. Even as it seems complicated, an example 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 indicates that this is the favored team to win whereas the + sign next to Pittsburgh indicates that they are the underdog. The subsequent figure i.e. 11.5 on both lines signifies that the favored team has got to win and that too at least by the figure or points mentioned on the spread. The subsequent 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’d like 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 the risk is higher and you simply win extra money for a lower stake whereas when you bet on the favored team you’ll win a smaller prize while you will have 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 should they win the match but if Dallas win and you have betted with them then this stake of $180 will get you an additional $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 what amount you will need 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 above sample is only an example that could make your entry into sports betting a lot easier. Once you know on how to read sports betting lines you’ll be able to fine-tune your strategy to win huge amounts of money.