Betting on sports can be invigorating, while allowing you to earn or lose a ton of money. However, if you enter the betting arena armed with an in-depth knowledge of the right 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 also prevent you from losing additional money than you ought to, once the other team wins.
While betting on sports is not legal in most states in the USA, 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, whether it’s college sports or even 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 names of the teams including the favored and the underdog, the odds, the over, under and also on points and the spread, if any for the result 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 subsequent sports betting lines.
Dallas -11.5-130 -180
Pittsburgh +11.5-130 +220
sports betting 411
Firstly, the – sign beside Dallas indicates that this is the favored team to win whereas the + sign next to Pittsburgh signifies 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 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 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’ll need to bet on the money line. Should you bet on the underdog then the risk is higher and you win extra money for a lower stake whereas if you bet for the favored team then you will win a lesser prize even as you will have to put a higher stake. Hence if you bet on Pittsburg, i.e. the underdogs then your $100 stake gives you an extra $220 if they win the match but when Dallas win and you have betted with them then your stake of $180 will earn you a further $100.
The very 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 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 results of each game or match before venturing to gambling on spreads and over-under. The above sample is just an example that can 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 tactic to win huge amounts of money.