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How to Bet On Baseball

Considered by many the most elite of sports betting, Baseball is not a very popular sport to wager on compared to basketball land football. In baseball wagering, money-lines and run-lines are the two most common wagers.

The simplest bet in baseball is a moneyline wager. Take a look at the odds board and see which team is favored, normally more expensive to bet on, and which team is the underdog. You can choose between the favorite team or the underdog and place an appropriate bet.

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Totals

Also known as over/under odds, it is the second most popular bet. This form of baseball wagering involves deciding if the total number of runs scored in the game by both teams combined will be more than or less than a certain number. That certain number is an MLB total. Baseball totals usually range from a low of 6.5 to 11.5 or 12. If you see 9.5 and decide to bet over, you are predicting 10 or more runs will be scored. If you bet under, you need 9 or fewer runs to be plated.

Where you see a moneyline value associated with the total, this is the vig or juice for selecting either the over or the under. Foe example if you see 8.5, u-115, (u means under). That means the total is 8.5 runs and you have to risk $115 (-115) for every $100 you want to win, same logic as the straight moneyline. If the final score is 4-3, the total is 7, which is under 8.5, in this case you would win $100. You will also see values for the over like 8.5, o +115. (o means over) Here, you profit $115 (+115) by risking $100 if the game ends 8-4 (as 12 is more than 8.5 total runs).

Sometimes the odds may be adjusted by the book if they are trying to balance their ledger by encouraging wagers on one side or another. This does not necessarily mean that one bet is more likely to win out over another.

Run line

Runline gambling is a combination of moneyline and a point spread system. (Point spread is the system in which points are subtracted or added in favor of the favorite/ underdog in high scoring sports such as Football and Basketball) This type of betting is only recommended for the most serious baseball aficionados. Runline requires a prior knowledge of stats, trends, and pitching performances. Runline brings a familiar element to sports bettors who favor wagering on football and basketball based off adding or losing points. Points translate into runs for baseball.

5-Inning Lines

A 5-Inning line is a moneyline that uses the score after five innings to determine the winner, rather than the final score. It is similar to betting on the first half of a football or basketball game. Odds on a 5-inning line will usually be very similar to the regular moneyline odds; however, due to the shortened nature of the bet, the starting pitcher match-up is weighted more heavily and may waver the odds one way or the other.

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Categories: Sports