Betting on sports can be invigorating, while permitting you to earn or lose a lot of money. However, if you ever get into 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 which should be implemented is concerning how to read sports betting lines since this will 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 is not legal practically in most states in America, 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 even professional sports including those hosted by pros for example 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 and 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 issue easily. For instance, 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 signifies that this is the favored team to win whereas the + sign beside Pittsburgh indicates that those are the underdog. The next 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 subsequent number i.e. 130 that may be 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 want to bet on any team winning the match outright, then you need to bet on the money line. If you bet on the underdog then the risk is higher and you simply win more money at a lower stake whereas when you bet on the favored team you’ll win a lesser prize while you will have to put a higher stake. Hence should you bet on Pittsburg, i.e. the underdogs then your $100 stake gives you an additional $220 if they win the match but if Dallas win and you’ve betted on them then your stake of $180 will get you a further $100.
The last line indicates the over-under, i.e. 38.5. Hence, irrespective of 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 what amount you will need to bet to win $100 on such a bet.
You can 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 can help make your entry into sports betting a lot easier. Once you know on the way to read sports betting lines then you can fine-tune your tactic to win huge amounts of money.