Betting on sports can be invigorating, while allowing you to earn or lose a ton of money. However, if you ever enter the betting arena armed 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 concerning how to read sports betting lines since this will help you to obtain the most from a bet and in addition prevent you from losing more money than you ought to, in case the other team wins.
While betting on sports is not legal practically in most states in the USA, you possibly can still bet if you use the internet. You can practically bet on any sports such 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 new horse racing lines differ according to the sports, most have common features that mention names of the teams including the favored and the underdog, the odds, the over, under and on points and the spread, if any for the outcome of the match. While it seems complicated, an example will help in simplifying the issue 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
Firstly, the – sign beside Dallas indicates 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 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 just how much you will have to bet in order to win $100 on that bet.
The very last numbers on both the lines indicate the money line. If you want 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 more money at a lower stake whereas when you bet for the favored team then you will win a lesser prize while you will have to put in a higher stake. Hence should you bet on Pittsburg, i.e. the underdogs then a $100 stake gives you an additional $220 should they win the match but if Dallas win and you’ve betted on 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, in the event 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 what amount you have got to bet to win $100 on such a bet.
You could 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 only one example that could help make your entry into sports betting faster and 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.