Betting on sports can be invigorating, while allowing you to earn or lose a ton of money. However, if you ever get into the betting arena armed with an in-depth knowledge of the right 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 will help you to obtain the most out of your bet and also prevent you from losing more 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 when you go online. You’ll be able to practically bet on any sports like as football, basketball, baseball and even on car races and horse racing, be it college sports or even professional sports including those hosted by pros for example 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 will help in simplifying the matter easily. For example, 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 next to Dallas signifies that it is the favored team to win whereas the + sign beside Pittsburgh signifies that they are the underdog. The subsequent figure i.e. 11.5 on both lines indicates 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 is mentioned on both lines indicates just how much 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 win extra money for a lower stake whereas if you bet on the favored team then you will win a lesser prize even as you’ll need to put a higher stake. Hence should you bet on Pittsburg, i.e. the underdogs then a $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 get you a further $100.
The 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 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 to gambling on spreads and over-under. The aforementioned sample is just one example that could make your entry into sports betting faster and easier. Once you know on the way to read sports betting lines you’ll be able to fine-tune your strategy to win huge amounts of money.