Understanding The Sports Betting Line
The sports betting line is a crucial part of all betting events because this is what bettors use to base their bids upon. The bettor needs to know the betting line so he can pick the best one. So what exactly is a sports betting line?
In general, the sports betting line lets you know right away who is the favored and by how much. It also lets you know the odds for winning of each team, and the under, over, and on, points. It will also let you know how much you need to bet to obtain a certain payoff.
All sports betting lines aren’t the same however. There are many places to book your bets both online and offline and each place comes up with its own sports line. This happens because each sports book needs to balance their own bets and may offer different odds.
Also you should be aware that different sports have different lines. For example a baseball line will look quite a bit different from a football line. So if you are a football fanatic and decide to bet on a baseball game it might look unfamiliar. This is simply due to the nature of the games. People who bet on football are usually trying to beat the point spread. So they would put down a straight bet and then if their pick outpaced the spread, they would know what there return was going to be. Baseball is totally different and a lot of book services are even offering dime sports betting lines on baseball games.
As an example, a sports betting line for a baseball game may look like this: Brewers(+135) vs Cardinals(-145) Cardinals (-145) What all this means is that if the Cardinals win, your bet of $145 will earn you a payout of $100. And if the Brewers win, your bet of $100 will earn you a payout which equals $135. Some professional sports betters say that sports betting lines which go beyond the dime might wind up costing you a great deal of money especially if you place bets throughout the entire season.
So understanding that, you can see how important it is for a sports bettor to thoroughly understand sports betting lines and how it will apply to his specific wager. If you can, shop the lines since they do vary some and can mean you might earn more money on your bets.
Shopping the sports betting lines is actually pretty easy now days. You probably know that betting online is quite popular and easy to do, so going online is a good way to shop the lines. It is a good idea to find some that you like so you will have at least three to fall back on. By not shopping around it can cost you money. Search for the best deal, after all it is your money that is being spent so if one book has the Lakers at -3.5 and another has them at -3, then go where you stand to make the most profit.