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 furnished with an in-depth comprehension of the correct betting strategy you’ll then 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 as this can help you to get the most from a bet and also prevent you from losing more money than you ought to, once the other team wins.
While betting on sports isn’t legal practically in most states in America, you possibly can still bet when you go online. You’ll be able to practically bet on any sports such as football, basketball, baseball and even 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 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 and the spread, if any for the result of the match. Even as it seems complicated, an example can help in simplifying the matter 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 next to Dallas signifies that it is the favored team to win whereas the + sign beside Pittsburgh signifies that they are the underdog. The next 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 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 your risk is higher and you simply win more money for a lower stake whereas if you bet on the favored team you’ll win a smaller prize even as you will have to put in a higher stake. Hence if you bet on Pittsburg, i.e. the underdogs then a $100 stake gives you an additional $220 should they win the match but when Dallas win and you have betted on them then your 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, if the game finishes with 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 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 can help make your entry into sports betting a lot easier. Once you know on how to read sports betting lines then you can fine-tune your tactic to win huge amounts of money.