Betting on sports can be invigorating, while permitting you to earn or lose a ton of money. However, if you ever get into the betting arena armed with an in-depth knowledge of the correct betting strategy then you can certainly win money irrespective of the fate of the match. One important move which should be implemented is on how to read sports betting lines since this will help you to obtain the most from a bet and in addition keep you from losing additional money than you should, in case the other team wins.
While betting on sports is not legal in most states in America, you can still bet when you use the internet. You’ll be able to practically bet on any sports like 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 on the result of the match. Even as it seems complicated, a case in point will help in simplifying the matter easily. For example, a Dallas against Pittsburgh football match could display the subsequent sports betting lines.
Dallas -11.5-130 -180
Pittsburgh +11.5-130 +220
sports betting 360
Firstly, the – sign beside Dallas signifies that it is the favored team to win whereas the + sign next to Pittsburgh indicates that those are the underdog. The subsequent figure i.e. 11.5 on both lines signifies that the favored team has got to win and that too at least by the figure or points mentioned on the spread. The subsequent number i.e. 130 that is mentioned on both lines indicates the amount 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 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 extra 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 a higher stake. Hence should you bet on Pittsburg, i.e. the underdogs then a $100 stake gives you an extra $220 should they win the match but when Dallas win and you have betted with them then this stake of $180 will get you a further $100.
The last line indicates the over-under, i.e. 38.5. Hence, irrespective of 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 have got to bet to win $100 on this sort of bet.
You can 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 learn on the way to read sports betting lines then you can fine-tune your strategy to win huge amounts of money.