Betting on sports can be invigorating, while permitting 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 correct betting strategy then you can certainly win money irrespective of the fate of the match. One important move that needs to be implemented is on how to read sports betting lines since this can help you to get the most from a bet and also keep you from losing additional money than you should, once the other team wins.
While betting on sports is not legal in most states in America, you possibly can still bet when you use the internet. You can practically bet on any sports such as football, basketball, baseball and even on car races and horse racing, whether it’s college sports or simply 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 also on points and the spread, if any on the result of the match. Even as it seems complicated, an example will help in simplifying the issue 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
sports betting history
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 indicates 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 may be mentioned on both lines indicates the amount 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 need to bet on the money line. If you bet on the underdog then your risk is higher and you win extra money for a lower stake whereas if you bet on the favored team then you will win a smaller prize even as you’ll need to put a higher stake. Hence if you bet on Pittsburg, i.e. the underdogs then your $100 stake will give you an extra $220 if 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 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 will need to bet to win $100 on this sort of bet.
You can start by gambling only on outright outcomes of each game or match before venturing on to gambling on spreads and over-under. The aforementioned sample is just one example that could help make your entry into sports betting a lot easier. Once you know on the way to read sports betting lines you’ll be able to fine-tune your strategy to win huge amounts of money.