Betting on sports is often 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 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 obtain the most from a bet and also prevent you from losing additional money than you ought to, once the other team wins.
While betting on sports is not legal in most states in America, you can still bet if you use the internet. You can practically bet on any sports such 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 lines differ according to the sports, most have common features that mention names of the teams including the favored and the underdog, the odds, the over, under and on points and the spread, if any on the result of the match. Even as it seems complicated, a case in point will help in simplifying the matter easily. For example, a Dallas against Pittsburgh football match could display the subsequent sports betting lines.
Dallas -11.5-130 -180
Pittsburgh +11.5-130 +220
what does 3 mean in sports betting
Firstly, the – sign next to Dallas signifies that this is the favored team to win whereas the + sign next to Pittsburgh signifies that those are the underdog. The next figure i.e. 11.5 on both lines indicates that the favored team has got to win and that too at least by the figure or points mentioned on the spread. The subsequent number i.e. 130 that may be 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 want 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 the risk is higher and you simply win more money for a lower stake whereas if you bet for the favored team you’ll win a smaller prize even as you will have 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 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, no matter what 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 since it is lower then 38.5. The number 130 next to the ov indicates how much you have got 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 an example that can make your entry into sports betting a lot easier. Once you learn on the way to read sports betting lines then you can fine-tune your strategy to win huge amounts of money.