Betting on sports can be 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 which should be implemented is concerning how to read sports betting lines as this will help you to obtain the most from a bet and in addition keep you from losing more money than you should, in case 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 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 even 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 along with the underdog, the odds, the over, under and on points and the spread, if any for the outcome of the match. Even as 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 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 signifies that they are the underdog. The subsequent 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 is mentioned on both lines indicates just how much that you will have to bet in order to win $100 on that bet.
The 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’ll need to bet on the money line. If you bet on the underdog then the risk is higher and you win extra money for a lower stake whereas when you bet for the favored team then you will win a smaller prize even as 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 extra $220 should they win the match but if Dallas win and you’ve 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, no matter what which team wins, in the event the game finishes having 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 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 just one example that could help make your entry into sports betting faster and easier. Once you learn on how to read sports betting lines you’ll be able to fine-tune your strategy to win huge amounts of money.