Betting on sports can be invigorating, while permitting you to earn or lose a lot of money. However, if you get into the betting arena furnished with an in-depth knowledge of the correct betting strategy you’ll then 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 more money than you ought to, once the other team wins.
While betting on sports is not legal practically in most states in America, you 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, 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 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 for the result of the match. Even as it seems complicated, a case in point will help in simplifying the matter easily. For instance, a Dallas against Pittsburgh football match could display the subsequent sports betting lines.
Dallas -11.5-130 -180
Pittsburgh +11.5-130 +220
sports betting how to make money
Firstly, the – sign beside Dallas signifies that it is the favored team to win whereas the + sign beside Pittsburgh signifies that those are the underdog. The next figure i.e. 11.5 on both lines signifies that the favored team has 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 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. Should you bet on the underdog then the risk is higher and you win more money for a lower stake whereas if you bet for the favored team then you will win a smaller prize while you’ll need to put a higher stake. Hence should you bet on Pittsburg, i.e. the underdogs then a $100 stake gives you an additional $220 should they win the match but if Dallas win and you have 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 with 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 what amount you have got to bet to win $100 on this sort of 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 can help make your entry into sports betting faster and easier. Once you know on the way to read sports betting lines you’ll be able to fine-tune your tactic to win huge amounts of money.