Betting on sports can be invigorating, while allowing you to earn or lose a lot of money. However, if you ever get into the betting arena armed with an in-depth comprehension 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 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, once the other team wins.
While betting on sports is not legal practically 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, 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 in accordance with the sports, most have common features that mention the names of the teams including the favored along with the underdog, the odds, the over, under and also on points plus the spread, if any on the outcome of the match. Even as it seems complicated, a case in point can help in simplifying the matter 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
Firstly, the – sign beside Dallas signifies that this is the favored team to win whereas the + sign next to Pittsburgh indicates that they are the underdog. The next figure i.e. 11.5 on both lines signifies that the favored team has 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 an effort 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 at a lower stake whereas if you bet on the favored team then you will win a smaller 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 when Dallas win and you have 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 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 how much you have got 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 to gambling on spreads and over-under. The aforementioned sample is only one example that can make your entry into sports betting a lot easier. Once you know on how to read sports betting lines you’ll be able to fine-tune your strategy to win huge amounts of money.