Baseball Betting Guide
Baseball is as deeply woven into the fabric of America as hot dogs, apple pie and rock-and-roll and fans love to wager on MLB games. The action comes in thick and fast throughout the season as each team plays 162 games and the playoffs rumble on for many weeks. Baseball is therefore hugely important to the leading sportsbooks across the USA and they have worked hard to refine their offerings. Anyone that wants to get betting on MLB has a raft of options to choose from and this helpful guide will explain everything you need to know about the baseball betting categories available to you.
What types of bets can I place on the baseball?
You have four key betting options on baseball: futures bets, pre-match bets, in-play bets and parlays. A futures bet is a prediction on a season-long event, like who will win the World Series, who will win the National League or who will win a particular division.
Before the season begins, the odds compilers will assess the strengths and weaknesses of all the teams and assign them a different set of odds, starting with the favorite and going down to the total underdog. You might see one team at +700 to win the World Series and another at +10000.
A plus sign in a set of odds tells you how much you stand to win from a $100 bet. A $100 wager at +700 would earn you a $700 profit, whereas a $100 bet at +10000 would net you $10,000. That tells you that the first team is given a pretty good chance of success, whereas the second team is expected to fare badly.
You can also bet on how many wins each team will secure during the season, along with other futures options. Over the course of the season the odds shift about depending on how well each team is playing.
When it comes to betting on a specific baseball game, you have four key choices: moneyline betting, run line betting, total runs betting and prop bets. A moneyline wager is a straightforward prediction on which team will win a particular game. The sportsbooks will assess each team’s strengths and weaknesses, factoring in variables like fatigue, injury concerns, motivation levels and home advantage, before assigning each team a set of odds.
In a hypothetical game, you might see Boston as the -133 favorite and Atlanta as the +110 underdog. A minus sign in a set of odds tells you how much you need to wager in order to make a $100 profit. A $133 bet at +133 would net you $100 in profit. In this example, a $20 bet on Atlanta would make you a $22 profit, whereas a $20 bet on Boston would net you a $16.67 profit. The smaller potential payout on Boston tells you it is the favorite and given a greater chance of success.
Sticking with that example, you could then either bet on Boston -1.5 runs or Atlanta +1.5 runs. This is run line betting, and it involves giving the favorite – the supposedly stronger team – a handicap in order to skew the odds.
If Boston was -133 to win the game on the moneyline, it might be +130 on the run line. That means you would earn a higher payout by backing it, but it would need to win by two or more runs in order for you to be paid. If Atlanta was +110 on the moneyline, Atlanta -1.5 might be -150. If you backed it to cover the run line, it could lose by a single run and your bet would still be a winner, but you would have to accept a smaller potential payout than on the moneyline.
If you are unsure which team will win, you can go for total runs baseball betting. The books will set a line of 6.5 runs or 7.5 runs, for example, and you simply have to guess whether the total number of runs scored by both teams will go over or under that line.
Then you have prop bets on baseball. These are special wagers that do not necessarily impact upon the final result of the game, such as predicting whether a particular player will score a home run or whether a naked fan will run onto the field. One popular prop bet is first five betting, which allows you to guess who will be winning after five innings.
When a game begins, you can still bet on the result, the total runs and so on. The odds compilers will be watching the game and constantly updating their sites with live betting odds and you can choose the ones that most appeal to you.
Finally, you can opt for parlay betting on baseball. This allows you to combine multiple selections into one bet. If you think Atlanta will beat Milwaukee, Houston will beat St Louis, Chicago will beat Colorado and Washington will beat Miami, you could divide your bankroll into four and place individual bets. But another option is rolling them into a single parlay, and if successful your payout will be much higher. It is risky – only one team needs to let you down for your bet to bite the dust – but the rewards can be fantastic if you get it right.
Where can I bet on baseball?
Baseball betting is a huge part of every single sportsbook operating in America, so you really are spoilt for choice. The level of competition is helpful, as it means you can benefit from rival books offering a number of different bonuses and promotions in order to win your custom. But it also pays to shop around and find the sites that offer the most attractive odds and maintain high levels of safety, security and reliability, while making you feel like a VIP and ensuring you get your bets on in a timely fashion. Click here
to see which sportsbook is best for you as you prepare to get betting on baseball.