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 comprehension of the right betting strategy then you can certainly win money irrespective of the fate of the match. One important move which should be implemented is concerning how to read sports betting lines as this can help you to get the most out of your bet and also prevent you from losing additional money than you should, 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, whether it’s college sports or simply professional sports including those hosted by pros such as 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 also on points and the spread, if any for the outcome of the match. While it seems complicated, an example will 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
Firstly, the – sign next to Dallas indicates that it 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 to win and that too at the very least by way of the figure or points mentioned on the spread. The next number i.e. 130 that is mentioned on both lines indicates the amount 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’d like 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 your risk is higher and you simply win more money for a lower stake whereas if you bet for the favored team then you will win a smaller prize even as 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 extra $220 if they win the match but when Dallas win and you have betted with them then this 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, in the event 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 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 above sample is just an example that could help 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.