Betting on sports can be invigorating, while permitting you to earn or lose a lot of money. However, if you enter the betting arena furnished 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 can help you to obtain the most from a bet and also prevent you from losing more money than you should, in case the other team wins.
While betting on sports is not legal in most states in America, you possibly can still bet when you use the internet. You can practically bet on any sports such as football, basketball, baseball as well as on car races and horse racing, be it college sports or simply 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 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 instance, a Dallas against Pittsburgh football match could display the subsequent sports betting lines.
Dallas -11.5-130 -180
Pittsburgh +11.5-130 +220
Firstly, the – sign beside Dallas signifies that it is the favored team to win whereas the + sign beside Pittsburgh indicates that they are the underdog. The next figure i.e. 11.5 on both lines signifies that the favored team has got to win and that too at the very 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 you will have to bet in an effort 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 need to bet on the money line. Should you bet on the underdog then the risk is higher and you simply win more money at a lower stake whereas if you bet on the favored team you’ll win a lesser prize even as you will have to put in a higher stake. Hence if you bet on Pittsburg, i.e. the underdogs then your $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 very last line indicates the over-under, i.e. 38.5. Hence, no matter what which team wins, if 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 how much you will need to bet to win $100 on such a 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 aforementioned sample is only one example that can help make your entry into sports betting faster and 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.