Betting on sports can be invigorating, while allowing you to earn or lose a ton of money. However, if you ever 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 on how to read sports betting lines since this will help you to get the most out of your bet and in addition 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 America, you possibly can still bet if you go online. You can 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 such as 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. While it seems complicated, an example can help in simplifying the issue 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
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Firstly, the – sign beside Dallas signifies 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 indicates that the favored team has got to win and that too at least by way of the figure or points mentioned on the spread. The next number i.e. 130 that may be mentioned on both lines indicates the amount 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 want to bet on any team winning the match outright, then you’ll 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 if you bet on the favored team then you will win a lesser prize while you’ll need to put 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 if Dallas win and you have betted on them then this stake of $180 will earn you a further $100.
The very last line indicates the over-under, i.e. 38.5. Hence, irrespective of 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 because it’s lower then 38.5. The number 130 next to the ov indicates how much you have got 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 above sample is just one example that can make your entry into sports betting a lot easier. Once you learn on the way to read sports betting lines then you can fine-tune your strategy to win huge amounts of money.