Betting on sports can be invigorating, while allowing you to earn or lose a lot of money. However, if you get into the betting arena armed with an in-depth knowledge of the correct betting strategy you’ll then 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 will help you to obtain the most out of your 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 as well as on car races and horse racing, whether it’s 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 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. While it seems complicated, an example will help in simplifying the matter 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 signifies that it is the favored team to win whereas the + sign next to Pittsburgh indicates that they 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 the very least by the figure or points mentioned on the spread. The next number i.e. 130 that is 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’d like to bet on any team winning the match outright, then you’ll need to bet on the money line. Should you bet on the underdog then your risk is higher and you simply win extra money at a lower stake whereas when you bet on the favored team you’ll win a lesser prize while you’ll need to put a higher stake. Hence if you bet on Pittsburg, i.e. the underdogs then your $100 stake gives you an extra $220 if they win the match but if 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, no matter what 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 what amount you have got to bet to win $100 on this sort of bet.
You could start by gambling only on outright results 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 a lot easier. Once you know on the way to read sports betting lines you’ll be able to fine-tune your strategy to win huge amounts of money.