Thursday, July 29, 2010

Learning to Comprehend Sports Betting Lines

Sports betting can be an intimidating task if you are a novice and trying to place a wager on a sporting event played in a foreign country. Nevertheless, the greatest opportunity to make a profit from sports betting is to place bets on American sporting events. Sports betting odds and betting lines are hard to fathom, but a bit of research will help you out tremendously.

The most popular sporting event to place a bet on in America is football. The methodology involved when betting on football games is by using the point spread, also known as the "line" or simply the “spread”. For example, take a match up between the Pittsburgh Steelers and the Cleveland Browns. In this game, everybody expects the Steelers to win without much trouble. Therefore, the sportsbooks will put a ‘line’ on the game to try to get an equal amount of money bet on both teams.

Besides the point spread, bettors can also consider wagering on the money line. There are two ways to bet on money lines- first, when you bet on the favorite and second, when you bet on the underdog. Both of these money line bets are very different from each other. When you are betting on a favorite, the money line shows how much money you have to bet to come out ahead by $100. Whereas, when betting on an underdog, the line shows the amount you get for every $100 wagered.

With the Internet connecting the globe, sports betting lines are easier to find nowadays. If you are betting for the first time, you will want to consider checking out some sportsbooks beforehand. The ideal online sportsbook will offer fast payouts, bonuses and a varied range of betting lines.

No comments:

Post a Comment