How to read sports betting lines and commence winning
Betting on sports is often invigorating, while allowing you to earn or lose a lot of money. However, if you get into 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 that needs to be implemented is on how to read sports betting lines as this will help you to obtain the most out of your 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 America, you can still bet when you use the internet. 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 even professional sports including those hosted by pros such as the NFL, NBA, and NHL. While sports betting www.newhorseracing.com lines differ in accordance with 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 outcome of the match. While it seems complicated, an example will 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
Firstly, the – sign beside Dallas indicates that it is the favored team to win whereas the + sign next to Pittsburgh signifies that they 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 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 simply win extra money at a lower stake whereas when you bet on the favored team you’ll 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 extra $220 should they win the match but if Dallas win and you have betted with them then this stake of $180 will earn you an additional $100.
The 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 will need to bet to win $100 on this sort of bet.
You could start by gambling only on outright results of each game or match before venturing to gambling on spreads and over-under. The above sample is only an example that can help make your entry into sports betting a lot 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.