Betting on sports can be invigorating, while allowing you to earn or lose a lot of money. However, if you ever get into the betting arena furnished with an in-depth knowledge of the correct betting strategy you’ll then win money no matter what the fate of the match. One important move that needs to be implemented is concerning how to read sports betting lines as this will help you to get the most out of your bet and also prevent 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 can still bet when you use the internet. 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 such as 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 for the outcome of the match. Even as it seems complicated, an example will help in simplifying the issue easily. For instance, a Dallas against Pittsburgh football match could display the following 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 next to 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 next number i.e. 130 that may be mentioned on both lines indicates just how much you will have to bet in an effort 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 extra money for a lower stake whereas when you bet on the favored team then you will win a smaller prize while you will have to put in a higher stake. Hence should you bet on Pittsburg, i.e. the underdogs then your $100 stake gives 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 get you an additional $100.
The last line indicates the over-under, i.e. 38.5. Hence, irrespective of which team wins, in the event the game finishes having a score of 12-10 and if you 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 will need 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 above sample is only one example that could make your entry into sports betting a lot easier. Once you know on how to read sports betting lines then you can fine-tune your tactic to win huge amounts of money.