Betting on sports can be invigorating, while allowing you to earn or lose a lot of money. However, if you ever enter the betting arena armed with an in-depth comprehension 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 as this will help you to get the most out of your bet and in addition keep you from losing more money than you should, in case the other team wins.
While betting on sports isn’t legal in most states in America, you can still bet if 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, 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 names of the teams including the favored and the underdog, the odds, the over, under and on points plus the spread, if any on the result of the match. Even as 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
38.5 ov-130
Firstly, the – sign beside 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 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 order 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’ll need to bet on the money line. Should you bet on the underdog then the risk is higher and you win extra money at a lower stake whereas when you bet for the favored team then you will win a smaller prize while you’ll need to put in a higher stake. Hence if you bet on Pittsburg, i.e. the underdogs then your $100 stake gives you an additional $220 should they win the match but if Dallas win and you’ve betted on them then this stake of $180 will get you a further $100.
The very last line indicates the over-under, i.e. 38.5. Hence, irrespective of which team wins, in the event the game finishes having a score of 12-10 and if you have bet under, then 12+10=22, hence you win because it’s lower then 38.5. The number 130 next to the ov indicates how much you have got to bet to win $100 on such a 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 just an example that could help make your entry into sports betting faster and easier. Once you know on how to read sports betting lines you’ll be able to fine-tune your strategy to win huge amounts of money.
