Major League Baseball’s 2013 season’s first pitch has been thrown. This is great news for both bettors and fans. Professional hockey, basketball and football are all on hiatus during the summer in North America. It’s up baseball and Major League Soccer to keep fans and bettors entertained. Each of the 30 MLB teams plays 162 games each season, so there is plenty of action every day.
Because baseball is the easiest sport to make money on, serious gamblers love betting on it. The odd thing is that casual fans don’t bet on baseball with the same frequency as they do on major professional sports. The reason there is less baseball betting could be because some fans don’t know how to do it. Let’s address that right away.
Baseball doesn’t have a point spread like other sports, which can be confusing for some. First, bettors must understand how the sport’s money line works. Baseball bettors often like to wager on the underdog because they can still make a good profit, even if they win less than 50% of their wagers.
The run line is basically the point spread and the money line combined. Baseball betting has a 1.5-run spread. On rare occasions, this may increase to 2 or 2.5 runs. The money line favors the ball team, and vice versa.
On a regular money line which simply means that you are going to pick the winning team, odds might be +170 for the Toronto Blue Jays or -165 on the New York Yankees. Sbobet Online Blue Jays bettors could win $170 with a $100 wager, while Yankees bettors would need to place a $165 bet to win $165. If a bet has a run line, the odds of winning will change. If the Blue Jays are the underdog, the odds of winning could read -125. However, if the favourite Yankees run line was -1.5, the odds could change to +105.
Blue Jays bettors will now have to bet more than they can win. It’ll take $125 to win $100. These bettors will however receive 1.5 runs in the run line. The Blue Jays are the winner of any bet placed on them. Many bettors prefer to wager on the run line with large favourites because they have lower odds of winning if they give 1.5 runs. The favourite is the underdog when you bet on the run line.
When betting on baseball you can also place a bet over/under. This means that you bet on the total runs for the game. In baseball betting, they are often called totals. They are the same in all other sports. They are presented in soccer and ice hockey as goals. In American football, basketball and rugby, they are points. Baseball, however, they are represented as runs. To wager on an under/over, all you need to do is predict whether there will be more runs or less than the oddsmakers selected.
The betting line might look like this: Toronto Blue Jays OV 7.5 -120, New York Yankees UN 7.5 +130. To win $100, you will need to wager $120 if you wish to place a bet on Toronto scoring more than 7.5 runs. On a $100 wager, you can win $730 if New York scores fewer than 7. Remember that you can win $730 on a $100 bet on baseball if you place run line and over/under bets.
In most baseball games, the pitchers are key players. The money line is determined based on which pitcher will be pitching for each team. If a scheduled starter is replaced, the money line may be adjusted. You can still wager on the contest as an ‘action’, meaning you can make the bet regardless of whether there is a pitching change. Your wager will remain active but your payout may be different due to changes in the pitching.
If you place a bet on a baseball match based on the list of starting pitchers by the sportsbook, the bet will be refunded if one of those pitchers does not start. You can also bet on a single pitcher. If you wager on one pitcher for a team, and you don’t care about the pitcher of the other team, the bet will still be active so long as that pitcher starts.
Also, you can wager on the correct score, at-bats and hits, as well as strikes, home runs leaders, innings played, and other factors. You can also place bets on World Series champions and division winners. You have many options for baseball betting, and it is usually quite simple to understand.