Betting on sports is often invigorating, while permitting you to earn or lose a ton of money. However, if you get into the betting arena armed with an in-depth comprehension of the correct betting strategy you’ll then 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 since this will help you to get the most from a bet and in addition prevent you from losing additional money than you should, once the other team wins.
While betting on sports isn’t legal practically in most states in America, you possibly can still bet when you use the internet. You can practically bet on any sports like 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 along with the underdog, the odds, the over, under and on points plus the spread, if any on the result of the match. Even as it seems complicated, an example will help in simplifying the issue easily. For example, 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 signifies that it is the favored team to win whereas the + sign beside 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 is mentioned on both lines indicates the amount 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 the risk is higher and you simply win more money for a lower stake whereas if you bet on the favored team then you will win a smaller prize while you’ll need 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 if they win the match but if Dallas win and you have betted on them then this 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, 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 what amount you will need 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 above sample is just an example that can make your entry into sports betting a lot easier. Once you learn on the way to read sports betting lines then you can fine-tune your strategy to win huge amounts of money.