Betting on sports can be invigorating, while permitting you to earn or lose a ton of money. However, if you enter the betting arena armed with an in-depth knowledge of the correct betting strategy then you can certainly 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 since this will help you to obtain the most from a bet and in addition keep you from losing more money than you should, once the other team wins.
While betting on sports is not legal practically in most states in the USA, you can still bet when you go online. You can practically bet on any sports like as football, basketball, baseball as well as on car races and horse racing, be it 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 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 outcome of the match. While it seems complicated, an example can 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
38.5 ov-130
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Firstly, the – sign beside Dallas signifies that it is the favored team to win whereas the + sign beside Pittsburgh signifies that they are the underdog. The subsequent figure i.e. 11.5 on both lines signifies 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 subsequent number i.e. 130 that is mentioned on both lines indicates the amount you will have to bet in an effort 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 win more money at a lower stake whereas when you bet for the favored team you’ll win a smaller prize while you will have to put in a higher stake. Hence if you bet on Pittsburg, i.e. the underdogs then a $100 stake will give you an extra $220 should they win the match but when Dallas win and you’ve betted with them then this stake of $180 will earn you a further $100.
The very last line indicates the over-under, i.e. 38.5. Hence, irrespective of 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 how much you will need to bet to win $100 on this sort of bet.
You could 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 an example that could help make your entry into sports betting a lot easier. Once you learn on the way to read sports betting lines you’ll be able to fine-tune your strategy to win huge amounts of money.
