Betting on sports is often invigorating, while allowing you to earn or lose a ton of money. However, if you ever get into the betting arena furnished with an in-depth knowledge of the correct betting strategy you’ll then 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 can help you to get the most out of your bet and also keep you from losing more money than you ought to, in case the other team wins.
While betting on sports isn’t legal in most states in the USA, 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, 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 in accordance with the sports, most have common features that mention names of the teams including the favored along with the underdog, the odds, the over, under and on points and the spread, if any on the outcome of the match. While it seems complicated, a case in point can 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 next to Dallas signifies that it is the favored team to win whereas the + sign beside Pittsburgh signifies that those 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 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 that 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 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 win more money at a lower stake whereas when you bet for the favored team then you will 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 a $100 stake will give you an additional $220 if they win the match but when Dallas win and you’ve betted with them then your stake of $180 will earn you a further $100.
The last line indicates the over-under, i.e. 38.5. Hence, irrespective of which team wins, in the event the game finishes with a score of 12-10 and if you might 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 this sort of bet.
You could start by gambling only on outright outcomes of each game or match before venturing to gambling on spreads and over-under. The above sample is only an example that could help make your entry into sports betting a lot easier. Once you learn on the way to read sports betting lines you’ll be able to fine-tune your strategy to win huge amounts of money.