Betting on sports can be invigorating, while permitting you to earn or lose a ton of money. However, if you ever enter the betting arena armed with an in-depth comprehension of the correct 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 can help you to obtain the most out of your bet and in addition keep you from losing additional money than you should, in case the other team wins.
While betting on sports isn’t legal practically in most states in the USA, you possibly can still bet if you use the internet. 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 and the underdog, the odds, the over, under and on points plus the spread, if any for the outcome of the match. While it seems complicated, a case in point can help in simplifying the issue 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 next to Dallas indicates that this is the favored team to win whereas the + sign beside Pittsburgh indicates that they 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 the figure or points mentioned on the spread. The next number i.e. 130 that may be mentioned on both lines indicates the amount 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’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 win more money for a lower stake whereas if you bet for the favored team you’ll win a lesser 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 will give you an extra $220 should they win the match but when Dallas win and you’ve betted on 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, 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 will need to bet to win $100 on this sort of bet.
You could 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 an example that could make your entry into sports betting a lot 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.