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 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 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 is not legal practically in most states in the USA, you can still bet if you go online. You’ll be able to practically bet on any sports like 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 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 plus the spread, if any for the outcome 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
bet365 online sports betting
Firstly, the – sign beside Dallas signifies that this is the favored team to win whereas the + sign next to Pittsburgh indicates 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 that 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. If you bet on the underdog then your risk is higher and you win more money at a lower stake whereas when you bet for the favored team then you will 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 your $100 stake will give you an additional $220 should they win the match but when Dallas win and you’ve betted on them then your stake of $180 will earn 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 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 what amount you have got 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 on to gambling on spreads and over-under. The above sample is only one example that can make your entry into sports betting a lot easier. Once you learn on how to read sports betting lines you’ll be able to fine-tune your tactic to win huge amounts of money.