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Major League Baseball is back. With the legalization of sports betting in 20 states (and Washington, D.C.), the American pastime could attract more gamblers than ever. And with a full season of 162 games, there are plenty of opportunities to bet.
Football and basketball make life easier for bettors, as the point spread is a great way to get even and is fairly easy to follow. If you bet on a team that is a five point favorite, that team must win by at least six points to win your bet. An underdog bet requires the team to win or lose the game by four points or less. If the favorite wins by exactly five points, the bets on both sides are refunded. Betting on baseball requires a little more math, but it’s less confusing and intimidating than many people think.
Here are the basics of baseball betting:
Baseball betting is essentially about the odds of a team winning, also known as the money line. This is all about $100.
So when the New York Yankees play the Detroit Tigers, the Yankees could be -250 favorites. The minus sign represents a favorite team, as we can see, with a spread in pips, and means you have to risk $250 for every $100 you want to win. That’s partly because the Yankees are considered to have the best starting pitcher and/or the best team. In this example, the Tigers are +200 underdogs, meaning that if you risk $100 on Detroit, you win $200 if they beat the Yankees.
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Baseball also has a point differential, usually called a ticker. Taking the above game as an example, the Yankees could be -1.5, -140. This means that not only do the Yankees have to win the game, but they also have to score at least two runs to win your bet. Plus, you risk $140 for every $100 you want to win. In fact, the bookmaker has the option of making it harder for New York to win (leading in at least two races) rather than betting on bigger odds (-250).
Like football and basketball, baseball has an upper or lower limit or total. It is a simple concept, which represents the total number of points scored. So if the odds on the Yankee-Tigers game are 9.5, you can bet more or less. If the Yankees win 10-0, they win the betting by a wide margin. If they win 9-0, it’s a done deal. It’s simply a matter of adding up the total points scored by both teams, regardless of who wins the game.
The first 5 turns of the line
Moreover, it is possible to bet on the first 5 lines. This line means that you only bet on the result of the first five innings of the game. This is usually the case if you want to isolate the matchup after starting pitchers and/or avoid bullpens. Unlike an ordinary bet, bets on the first five rounds of the money line can be even or pushed. If yes, your bid will be refunded. The odds on these bets are the same as the odds on the overall game. Compared to the example above, the Yankees could also easily be at -250 on the First 5 line. The books also contain summaries of the first 5.
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As with other sports, baseball can be bet on. Their concept is very simple. With a starting pitcher, you often have the option to bet on a certain number of strikes or under a certain amount. Sometimes the books offer a line on the base total of a major player. Another interesting option is the team that has exceeded/reduced the total number of hits, runs and errors. Some examples:
Gerrit Cole: plus/minus 7.5 shots
Mike Trout: plus/minus 2.5 total bases
Yankees (hits + runs + errors): 28.5
House rules to know
Baseball betting has some strange rules, so it’s important to get familiar with the house rules. For a bet on the number of innings or the number of runs per line to be valid, the game must last at least 8.5 innings. This means that if a team leads 15-6 and is eliminated after seven innings, all bets on totals (and running lines) are refunded – even if the game has already ended. Regular money line bets will still be settled, but on the last full run system.
Another warning concerns the possibility of throwing stones while betting. The starting pitcher plays such an important role in baseball that sports betting ensures that pitchers will be on the field. When bidding, please indicate the expected starters for one or two teams. If you reject any of these three options, you are in regardless of who starts the game, but if you change your pitch, you will automatically be given the chance to reissue the book. If you choose the option to register a specific pitcher and he is scratched, your ticket will be refunded regardless of the outcome of the game.
frequently asked questions
What should I look for in baseball betting?
How do bets on baseball work?
To place a baseball bet, tell the betting agent the number of the team you want to bet on and the amount you want to bet. If your team wins the game, you win. The payout varies depending on the published odds. Baseball odds are displayed using the money line.
What are the bets on baseball?
The run line is baseball’s version of a spread bet, where you can bet that the favorite will beat the underdog by more than one point or that the underdog will hold the game to one point. The racing line is almost always between -1.5 and +1.5.
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