Betting on sports can be invigorating, while permitting you to earn or lose a lot of money. However, if you enter the betting arena armed with an in-depth comprehension of the right betting strategy then you can certainly win money irrespective of 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 get the most from a bet and also prevent you from losing more money than you ought to, 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’ll be able to 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 for example the NFL, NBA, and NHL. While sports betting lines differ according to 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 for the outcome of the match. Even as it seems complicated, an example can help in simplifying the issue easily. For instance, a Dallas against Pittsburgh football match could display the subsequent sports betting lines.
Dallas -11.5-130 -180
Pittsburgh +11.5-130 +220
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Firstly, the – sign beside Dallas indicates that it is the favored team to win whereas the + sign next to Pittsburgh indicates that they 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 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’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 at a lower stake whereas when you bet for 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 your $100 stake gives you an additional $220 if they win the match but when Dallas win and you have betted with them then this stake of $180 will get you a further $100.
The 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 can start by gambling only on outright results of each game or match before venturing to gambling on spreads and over-under. The aforementioned sample is only an example that can make your entry into sports betting a lot easier. Once you learn on how to read sports betting lines you’ll be able to fine-tune your strategy to win huge amounts of money.