Betting on sports is often invigorating, while allowing you to earn or lose a lot of money. However, if you ever get into the betting arena furnished with an in-depth comprehension of the right betting strategy you’ll then win money no matter what the fate of the match. One important move that needs to be implemented is on how to read sports betting lines as this will help you to get the most from a bet and also keep you from losing more money than you should, once the other team wins.
While betting on sports isn’t legal in most states in America, you can still bet when you use the internet. 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 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 result of the match. While it seems complicated, a case in point will 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 indicates that this is the favored team to win whereas the + sign beside Pittsburgh signifies that they 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 the very least by way of the figure or points mentioned on the spread. The next number i.e. 130 that is mentioned on both lines indicates just how much 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. Should you bet on the underdog then your 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 extra $220 should they win the match but if Dallas win and you have betted on them then this stake of $180 will get you a further $100.
The last line indicates the over-under, i.e. 38.5. Hence, irrespective of which team wins, in the event the game finishes with 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 could 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 just one example that could make your entry into sports betting a lot easier. Once you learn on the way to read sports betting lines then you can fine-tune your tactic to win huge amounts of money.