Betting on sports is often invigorating, while allowing you to earn or lose a ton of money. However, if you enter the betting arena armed with an in-depth comprehension of the correct betting strategy then you can certainly 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 since this can help you to get the most from a bet and in addition prevent you from losing additional money than you should, in case the other team wins.
While betting on sports isn’t legal practically in most states in the USA, you can still bet if you use the internet. You can practically bet on any sports such as football, basketball, baseball as well as on car races and horse racing, be it college sports or simply professional sports including those hosted by pros such as the NFL, NBA, and NHL. While sports betting lines differ according to the sports, most have common features that mention names of the teams including the favored along with the underdog, the odds, the over, under and on points plus the spread, if any for the outcome of the match. Even as it seems complicated, an example 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 next to Dallas indicates that it is the favored team to win whereas the + sign beside Pittsburgh indicates that those are the underdog. The subsequent figure i.e. 11.5 on both lines indicates that the favored team has to win and that too at least by way of the figure or points mentioned on the spread. The subsequent 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 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 more 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 a higher stake. Hence should 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 your stake of $180 will earn you a further $100.
The very last line indicates the over-under, i.e. 38.5. Hence, no matter what 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 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 above sample is only an example that could 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 tactic to win huge amounts of money.