Betting on sports is often invigorating, while permitting you to earn or lose a lot of money. However, if you enter 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 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 in addition prevent you from losing additional money than you should, in case the other team wins.
While betting on sports is not legal in most states in the USA, you possibly 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 simply 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 also on points plus the spread, if any for the outcome 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 subsequent 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 signifies that those are the underdog. The next figure i.e. 11.5 on both lines indicates 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 may be mentioned on both lines indicates just how much that you will have to bet in order to win $100 on that bet.
The 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 need to bet on the money line. If you bet on the underdog then your risk is higher and you simply win more money at a lower stake whereas if you bet for the favored team then you will win a smaller 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 extra $220 if they win the match but when Dallas win and you’ve betted with them then this stake of $180 will get you an additional $100.
The very last line indicates the over-under, i.e. 38.5. Hence, no matter what 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 have got to bet to win $100 on this sort of 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 only one example that could make your entry into sports betting faster and easier. Once you know on the way to read sports betting lines then you can fine-tune your strategy to win huge amounts of money.