Betting on sports is often invigorating, while allowing you to earn or lose a ton of money. However, if you ever enter the betting arena furnished 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 can help you to obtain the most from a bet and also keep you from losing more money than you ought to, in case the other team wins.
While betting on sports is not legal in most states in the USA, you can still bet if you go online. You can practically bet on any sports like as football, basketball, baseball and even on car races and horse racing, whether it’s 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 on the result of the match. Even as it seems complicated, a case in point can help in simplifying the matter easily. For instance, a Dallas against Pittsburgh football match could display the subsequent sports betting lines.
Dallas -11.5-130 -180
Pittsburgh +11.5-130 +220
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 next figure i.e. 11.5 on both lines signifies that the favored team has to win and that too at the very least by way of the figure or points mentioned on the spread. The subsequent 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 want 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 extra money for a lower stake whereas when you bet on the favored team you’ll win a smaller 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 should they win the match but when Dallas win and you have betted on them then this stake of $180 will get you an additional $100.
The very last line indicates the over-under, i.e. 38.5. Hence, no matter what 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 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 such a bet.
You could start by gambling only on outright results of each game or match before venturing to gambling on spreads and over-under. The aforementioned sample is only an example that could help make your entry into sports betting faster and easier. Once you learn on how to read sports betting lines then you can fine-tune your strategy to win huge amounts of money.