Baseball is America’s pastime and so is betting and there are many betting opportunities when betting on baseball. Besides just betting the baseball basics , the winner or the total number of runs scored in the game there are many other betting options such as the run-line, futures, proposition bets, and parlays.
The name of the game when betting on sports is to make money. Because of this, you should shop around for the best odds possible when you want to bet on baseball. The odds will not be that different at sportsbooks online, but find the book that has the best odds so you can get the best payout possible.
The moneyline is the most popular baseball bet to make, as you have to pick the winner of a game that will have inflated odds. An example of a moneyline bet is Yankees -150 / Blue Jays +170. The Yankees are the favorite with "–" in front of the number, and the Blue Jays are the underdog with "+" in front of the line. Using increments of $100 you will have to wager $150 to win $100 betting on the Yankees and wager $100 to win $170 betting on the Blue Jays.
Betting the total is very popular for baseball bet and is also very simple to understand. A total can be posted such as Braves vs. Pirates 9.5 runs. In this game, you can bet on if you think the total number of runs scored will be over or under 9.5 runs. So, if the game ends 6-5 Braves the total number of runs scored is 11 runs, so the over bet would be the winning one and the under would be the losing one.
Many times a Sportsbook will put a .5 after a total, but there is no way a team can score ½ a run? This .5 takes the tie out of the equation in a totals’ bet. If there is a total set at 9 and the Giants beat the Dodgers 5-4 the total number of runs scored is 9, which is the posted total and the bettor would get their original wager amount back. That cannot happen if a totals’ bet has a .5 after the number.
The Run Line
The run line in baseball is also a popular bet and if a game had the Dodgers at -200 and the Rockies at +250 you can see the Dodgers are the big favorite. However, a run line for this game may look like Dodgers (-1.5) -110 Rockies (+1.5). In this example, the Dodgers are still the slight favorite, but they will be giving 1.5 runs to the Rockies. If the Dodgers win 4-3, they win the moneyline bet, but lose the run-line bet, as they give 1.5 runs to the Rockies, so the final betting score is Dodgers 4 Rockies 4.5.
Other Baseball Bets
Other MLB bets you can make include futures bets, proposition bets, and parlays. In a futures bet, it is all in the name, as you are betting on the outcome of the future. For example, you can make a bet on who will win the World Series before the season begins and get good odds doing it. If you bet on the Yankees to win the World Series at +700 and they win it all you would win a cool $7,000 if they win the Fall Classic.
Regarding the futures bet, you can also make them during the season, but the odds change depending on how a team is doing. Let’s say you bet on the Yankees to win the World Series at +700 and they have a terrible first half you can be sure the odds will go down, but you are locked in on the odds you get at the time you made a bet no matter how much they change. Futures bets are possible for the World Series, Pennants, and divisions as well as for the MVP and Cy Young races.
A proposition bet is betting on something in a baseball game that has nothing to do with the outcome of the game. A couple of examples of a prop bet would be will Mike Trout hit a homerun in the game, or will the Braves have an error in the game. Prop bets are aplenty, and there are more of them available for baseball once the playoffs roll around.
A parlay bet is simple to understand, as it is several bets in one. You can pick several games to bet in one bet, whether it be for the moneyline or totals, and you will have to win every bet for the parlay one to be a winner. Parlay bets are harder to win considering you need to win every game inside of the bet.
There you have it, details on how to bet on baseball. You should now have a great understanding of the many types of MLB bets that are available at many of the top online sportsbooks.
Before you start sports betting, you need to develop a betting strategy, here at Apex Network we can help you find it. Visit our comprehensive sports betting sites for, football, basketball, baseball, hockey, nascar, tennis, golf, horses, boxing, soccer, for the highest-quality sportsbook and betting information.