Betting on sports can be invigorating, while allowing 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 which should be implemented is on how to read sports betting lines as this will help you to get the most out of your bet and in addition prevent you from losing additional money than you should, in case the other team wins.
While betting on sports is not legal practically in most states in America, you possibly can still bet if you use the internet. You’ll be able to 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 for example 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 also on points and the spread, if any for the result of the match. While it seems complicated, an example can help in simplifying the matter 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 beside Dallas indicates 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 that 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’d like to bet on any team winning the match outright, then you’ll need to bet on the money line. If you bet on the underdog then your risk is higher and you win more money for a lower stake whereas if you bet on the favored team you’ll win a lesser prize while you will have to put in a higher stake. Hence should you bet on Pittsburg, i.e. the underdogs then a $100 stake gives you an extra $220 if they win the match but when Dallas win and you’ve betted with them then this 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, if the game finishes having 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 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 aforementioned sample is just one 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 tactic to win huge amounts of money.