Betting on sports is often invigorating, while permitting you to earn or lose a lot of money. However, if you get into the betting arena furnished with an in-depth knowledge of the right betting strategy you’ll then win money irrespective of 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 out of your bet and also prevent you from losing additional money than you ought to, in case the other team wins.
While betting on sports is not legal in most states in the USA, you can still bet when 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 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 on the outcome of the match. While it seems complicated, a case in point will help in simplifying the matter 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 beside Dallas indicates that it is the favored team to win whereas the + sign next to Pittsburgh signifies that those are the underdog. The next figure i.e. 11.5 on both lines signifies that the favored team has to win and that too at 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 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 your risk is higher and you win extra money at a lower stake whereas if you bet for the favored team then you will win a lesser prize while you’ll need to put in a higher stake. Hence should you bet on Pittsburg, i.e. the underdogs then a $100 stake will give you an extra $220 if they win the match but when Dallas win and you have betted on them then your stake of $180 will earn you a further $100.
The 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 might 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 to gambling on spreads and over-under. The above sample is just one example that could make your entry into sports betting a lot easier. Once you know on how to read sports betting lines you’ll be able to fine-tune your tactic to win huge amounts of money.