Betting on sports is often invigorating, while allowing you to earn or lose a ton of money. However, if you get into the betting arena furnished with an in-depth knowledge of the right 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 get the most from a bet and in addition keep you from losing additional money than you should, in case the other team wins.
While betting on sports is not legal in most states in the USA, you possibly 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 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 the names of the teams including the favored and the underdog, the odds, the over, under and on points and the spread, if any on the outcome of the match. While it seems complicated, an example can help in simplifying the matter easily. For example, a Dallas against Pittsburgh football match could display the subsequent sports betting lines.
Dallas -11.5-130 -180
Pittsburgh +11.5-130 +220
38.5 ov-130 pinnacle sport live betting
Firstly, the – sign beside Dallas signifies that this 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 to win and that too at the very least by the figure or points mentioned on the spread. The next number i.e. 130 that is 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’ll need to bet on the money line. Should you bet on the underdog then your risk is higher and you simply win extra money for a lower stake whereas if you bet on the favored team you’ll win a smaller prize while you’ll need 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 if they win the match but when Dallas win and you’ve betted on them then this stake of $180 will earn you an additional $100.
The 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 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 how much you have got to bet to win $100 on such a 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 aforementioned sample is just an example that can make your entry into sports betting faster and easier. Once you know on the way to read sports betting lines then you can fine-tune your strategy to win huge amounts of money.