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 right betting strategy you’ll then win money no matter what the fate of the match. One important move which should be implemented is on how to read sports betting lines as this can help you to get the most from a bet and in addition prevent you from losing more money than you should, in case the other team wins.
While betting on sports isn’t legal in most states in America, you can still bet when you go online. You’ll be able to practically bet on any sports like as football, basketball, baseball as well as 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 according to 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, an example will 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
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Firstly, the – sign next to Dallas signifies that it is the favored team to win whereas the + sign beside Pittsburgh indicates that they are the underdog. The subsequent figure i.e. 11.5 on both lines signifies 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 just how much 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 win more money at a lower stake whereas if you bet on the favored team then you will win a lesser prize while you will have to put a higher stake. Hence if you bet on Pittsburg, i.e. the underdogs then a $100 stake will give you an additional $220 should they win the match but if Dallas win and you have betted on them then this stake of $180 will earn 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 will need 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 to gambling on spreads and over-under. The above sample is only one example that could help make your entry into sports betting faster and easier. Once you learn on how to read sports betting lines you’ll be able to fine-tune your strategy to win huge amounts of money.