Betting on sports is often invigorating, while permitting 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 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 on how to read sports betting lines as this will help you to get the most out of your bet and in addition keep you from losing more money than you should, 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 can practically bet on any sports like as football, basketball, baseball and even on car races and horse racing, be it college sports or simply professional sports including those hosted by pros such as the NFL, NBA, and NHL. While sports betting newhorseracing.com lines differ in accordance with the sports, most have common features that mention the names of the teams including the favored along with the underdog, the odds, the over, under and also on points and the spread, if any for the result of the match. Even as it seems complicated, a case in point can 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
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 indicates that the favored team has to win and that too at the very least by way of the figure or points mentioned on the spread. The next number i.e. 130 that is mentioned on both lines indicates the amount you will have to bet in an effort 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 you’ll 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 your $100 stake will give you an extra $220 should they win the match but when Dallas win and you’ve betted on them then your stake of $180 will get 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 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 such a bet.
You could start by gambling only on outright outcomes of each game or match before venturing on to gambling on spreads and over-under. The above sample is just one example that could make your entry into sports betting faster and easier. Once you learn on how to read sports betting lines then you can fine-tune your strategy to win huge amounts of money.