Betting on sports is often 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 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 since this can help you to obtain the most out of your bet and also keep you from losing additional money than you ought to, in case the other team wins.
While betting on sports is not legal in most states in America, you can still bet if you go online. You can practically bet on any sports such 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 such as 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 along with the underdog, the odds, the over, under and 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 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 this is the favored team to win whereas the + sign beside Pittsburgh indicates that those 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 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 need to bet on the money line. Should you bet on the underdog then your risk is higher and you simply win more money for a lower stake whereas if you bet on the favored team then you will win a smaller prize while you will have 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 with them then your stake of $180 will earn you an additional $100.
The very 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 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 will need 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 can 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 tactic to win huge amounts of money.