First, build a comprehension of how the money line operates. More than any other sport, baseball bettors and professional gamblers will find a reason to bet on the underdog. Always betting on the underdog can yield you a profitable baseball season at the window, even if you win slightly less than you lose!
The Run Line
The run line may sound complicated at first, but most bettors can get comfortable with it fairly quickly. It combines the point spread type of bet with the money line to form a new, interesting type of wager.
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The most common point spread for the run line is 1.5 runs, but it may be raised as high as 2.5 runs on some occasions. The money line favorite team to win is the same that will be favored on the run line. An example may help you understand the concept better.
Typical money-line odds example:
Kansas City Royals +165
Boston Red Sox – 180
For anyone who has studied the money line before, what the above data means is obviously. The Red Sox bettors need to risk $180 to win $100 and the KC Royal's bettors need to risk $100 to win $165 total.
The run line method brings the game points closer together, and give a type of handicap of either whole or half runs.
Typical run-line odds example:
Kansas City Royals +1.5 -125
Boston Red Sox -1.5 +105
In both cases, the KC Royals' fans are asked to risk more money than they could win, but with the run line, the difference is less and they are given a buffer of 1.5 runs. These extra runs mean that, even if the Royals lose by just one run, the bettor will win.
Here is another example with a different pair of random baseball teams: the Giants and the Padres. The odds would be displayed like this on the money line:
San Diego Padres -115
San Francisco Giants +105
In this example, the Giants bettors will risk less money to win more, $100 risk for $105 potential wins, and the Padres bettors will risk more to win less, $115 risk for just $105 potential wins. The run line again makes it easier for bettors to win money.
San Diego Padres -1.5 +135
San Francisco Giants +1.5 -155
Many factors go into deciding what the odds are for each team match up and what the bets and wins should be. In this example. The Padres had a smaller change than the Red Sox because they were the home team and the score at the bottom of the ninth inning would determine if they would bat again or not. This is where a firm working knowledge of the game of baseball comes into intelligent gambling. The road team, the Padres in this example, bat through all the innings no matter what the score. If they lead in the ninth, they still have a chance to add to the lead score.
If you find there is a overwhelming favorite team in an upcoming game, betting the run line makes more sense. You get reduced odds by giving them that buffer of 1.5 runs.
When bettors look at the run line figures before placing their wager, they need to take into account the predicted number of runs in the entire game. The smaller the number of predicted total runs, the more meaningful the 1.5 buffer runs can be to the bettor.
The over/under number that the oddsmaker comes up with is used to determine the predicted number of total runs in the game. Read below to get a basic grasp of exactly how over/unders work.
Overs and Unders in Baseball Betting
Many baseball bettors do not quite understand over/unders, which are also referred to as totals. The below information will get you started.
Totals in baseball do not deviate at all from totals in other sports you can bet on. Like the name suggests, you bet on the overall number of runs scored is higher or lower than the total the bookmaker predicts.
There are some differences between placing a totals bet in baseball than in other sports like basketball and football. The risk is often greater, witht the bookmaker asking for more than the usual -110. One positive difference, however, is that you are sometimes able to find much better odds of +120 or more when you place wagers or totals bets for different baseball games.
Below is an example of total data for the same Padres, Giants game used as an example above.
San Diego Padres OV 8.5 -130
San Francisco Giants UN 8.5 +110
These figures above show the over and under 8.5 runs as an example of how bets, risks and potential wins work. If a bettor wages more than 8.5 runs, he must wager $130 for the chance to win $100. Under 8.5 runs carries a $100 risk for the same payout.
When you place a bet on baseball, every inning counts, even the extras tacked on at the end. They are important for both run line bets and totals. Some basic generalizations about outcomes work in many cases. Strikeout pitchers usually play better during night games and may be good under plays. Off-speed pitchers are better over plays during day games, even if they don't get many strikes against the opposing team.
With these basics about betting on baseball, you can get involved with one of the most potentially exciting forms of sports betting. Gamble wisely throughout the summer games' season, and you might just be the next bettor to strike it rich with baseball wagering.