How to read sports odds and place winning bets
Betting on the sport of your choice can be a wonderful way to enjoy watching your game even more but if you do not win most of those bets, you are sure to get disillusioned very quickly. It is vital to read and comprehend sports odds displayed by each sports book so as to place an educated bet. You should definitely learn on how to read sports odds and place winning bets if you want to enjoy betting for life.
Most online betting sites will allow you to bet from Autralia, USA, Europe or any other country. You can also bet on any of your favorite sports such as football, basketball, boxing, soccer, tennis, horse racing, and many, many more. All you have to do is to open accounts with as many sports books as you can, read the odds offered by them on their sites and then place bets with the ones that offer the best odds. This will help you win more money and also limit your losses. However, before you start winning big, you will certainly need help in understanding sports odds and calculating the amounts involved if you manage to win or lose that bet.
Typical sports odds will be displayed to you in the form of betting lines. Each sport has different lines that indicate the names of the teams, the underdog & the top-dog, the spread and the over/under that indicate the number of points or goals that needs to be scored by the other team, etc. It might take a little time to get the hang of all the figures displayed but once you do get that experience then you will be able to come up with better predictions.
You can also choose free picks that are basically tips from various reputed sites such as docsports.com. The website of docs is filled with priceless information that could help you to quickly get the hang of successfully interpreting sports odds.
A betting line will usually be displayed in the following manner. In a match between the Chicago Bears and Detroit Lions in the nfl, the line could be as follows.
Chicago Bears -10.5-110 -170
Detroit Lions +10.5-110 +230
The “-“ sign next to the Bears indicates that it is the favorite team while the “+” sign next to the Lions indicates that it is the underdog. The number “10.5” mentioned next to each team indicates that the favorite team has to win by those figures indicated in the spread. “110” indicates the amount that will have to be staked to win $100 on that bet. The last figure on each line is the money line and you can win more money by betting on the underdog, i.e. the Lions.
You can win $230 if you bet $100 on the Lions but you will have to bet $170 if you want to win $100 on the Bears since they are favored to win. You can get a mentor to explain the finer tips in reading betting lines if you truly want to place bets that have a high chance of winning or simply use free picks offered by many reliable sites until you can start betting like a pro.
Until you know how to read sports odds, you will simply not be able to place quality bets that can boost your chances of winning big money. Visit various sites so that you can visualize the mood of the sports books and the betting public and place your bets in such a manner that you beat the odds and win big money.