Betting on sports can be invigorating, while allowing you to earn or lose a lot of money. However, if you ever enter the betting arena armed with an in-depth knowledge of the correct 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 will help you to obtain the most from a bet and in addition prevent you from losing additional money than you should, in case the other team wins.
While betting on sports isn’t legal practically in most states in America, you can still bet when you go online. You’ll be able to 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 names of the teams including the favored and the underdog, the odds, the over, under and also on points plus the spread, if any on the result of the match. While it seems complicated, an example 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
38.5 ov-130
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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 subsequent figure i.e. 11.5 on both lines signifies that the favored team has got 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 may be mentioned on both lines indicates the amount 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 the risk is higher and you simply win extra money at a lower stake whereas if you bet on the favored team you’ll win a lesser prize even as you’ll need to put in a higher stake. Hence should you bet on Pittsburg, i.e. the underdogs then a $100 stake gives you an extra $220 should they win the match but if Dallas win and you’ve betted with them then this stake of $180 will earn you an additional $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 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 can start by gambling only on outright results of each game or match before venturing on to gambling on spreads and over-under. The above sample is only one example that could make your entry into sports betting faster and easier. Once you know on the way to read sports betting lines you’ll be able to fine-tune your tactic to win huge amounts of money.