Betting on sports can be invigorating, while allowing you to earn or lose a lot of money. However, if you enter the betting arena armed with an in-depth comprehension of the correct betting strategy you’ll then 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 since this will help you to get the most from a bet and in addition keep you from losing additional money than you should, in case the other team wins.
While betting on sports isn’t legal in most states in America, you can still bet when 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 and the underdog, the odds, the over, under and on points plus the spread, if any on the result of the match. Even as it seems complicated, a case in point will 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 beside Dallas indicates that it is the favored team to win whereas the + sign beside Pittsburgh indicates that those 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 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 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 the risk is higher and you simply win extra money at a lower stake whereas if you bet for the favored team you’ll win a lesser prize even as you will have to put a higher stake. Hence if 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’ve betted on them then this stake of $180 will earn you an additional $100.
The very 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 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 outcomes of each game or match before venturing on to gambling on spreads and over-under. The above sample is just 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 tactic to win huge amounts of money.