Betting on sports is often invigorating, while allowing you to earn or lose a lot of money. However, if you ever enter the betting arena armed with an in-depth knowledge of the right betting strategy you’ll then 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 obtain the most out of your bet and also prevent you from losing additional money than you ought to, in case the other team wins.
While betting on sports isn’t legal practically in most states in America, you possibly can still bet if you go online. You’ll be able to practically bet on any sports such as football, basketball, baseball as well as 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 names of the teams including the favored along with the underdog, the odds, the over, under and on points and the spread, if any for the result of the match. While it seems complicated, a case in point can help in simplifying the matter 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
38.5 ov-130 can you make money sports betting
Firstly, the – sign next to Dallas indicates that this is the favored team to win whereas the + sign next to Pittsburgh indicates that they are the underdog. The next figure i.e. 11.5 on both lines indicates that the favored team has to win and that too at least by 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 that 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 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 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 a higher stake. Hence should you bet on Pittsburg, i.e. the underdogs then your $100 stake will give you an additional $220 if they win the match but when Dallas win and you’ve betted with them then this stake of $180 will earn you a further $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 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 outcomes of each game or match before venturing to gambling on spreads and over-under. The above sample is only one example that can help 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 strategy to win huge amounts of money.