Betting on sports can be invigorating, while allowing you to earn or lose a ton of money. However, if you 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 concerning how to read sports betting lines as this will help you to get the most from a bet and in addition keep you from losing additional money than you should, once the other team wins.
While betting on sports isn’t legal practically in most states in America, you 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, whether it’s college sports or even 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 the 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. While it seems complicated, an example can help in simplifying the matter easily. For example, 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 signifies that it is the favored team to win whereas the + sign next to Pittsburgh indicates that they 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 just how much 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’d like 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 your risk is higher and you simply win extra money at a lower stake whereas when you bet for the favored team you’ll win a lesser prize while you’ll need to put in a higher stake. Hence should you bet on Pittsburg, i.e. the underdogs then your $100 stake will give you an additional $220 if they win the match but if Dallas win and you’ve betted with them then this stake of $180 will earn you an additional $100.
The last line indicates the over-under, i.e. 38.5. Hence, irrespective of which team wins, if the game finishes with 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 will need to bet to win $100 on this sort of bet.
You can start by gambling only on outright outcomes of each game or match before venturing on to gambling on spreads and over-under. The above sample is only an example that can help make your entry into sports betting a lot easier. Once you learn on how to read sports betting lines you’ll be able to fine-tune your tactic to win huge amounts of money.