Betting on sports can be invigorating, while allowing you to earn or lose a ton of money. However, if you enter the betting arena furnished with an in-depth comprehension of the right betting strategy then you can certainly win money irrespective of the fate of the match. One important move that needs to be implemented is concerning how to read sports betting lines since this can help you to get the most out of your bet and also keep you from losing more money than you ought to, once the other team wins.
While betting on sports is not legal practically 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 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 and the underdog, the odds, the over, under and on points and the spread, if any on the result of the match. While it seems complicated, an example will help in simplifying the issue 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
38.5 ov-130
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 next figure i.e. 11.5 on both lines indicates that the favored team has to win and that too at the very least by the figure or points mentioned on the spread. The subsequent number i.e. 130 that may be mentioned on both lines indicates the amount 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’d like 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 the risk is higher and you simply win more money for a lower stake whereas when you bet for the favored team you’ll win a lesser prize while 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 if Dallas win and you’ve betted on them then your stake of $180 will get you a further $100.
The very last line indicates the over-under, i.e. 38.5. Hence, no matter what 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 what amount you have got to bet to win $100 on such a bet.
You can start by gambling only on outright outcomes of each game or match before venturing on to gambling on spreads and over-under. The aforementioned sample is just an example that could help 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.