How To Bet On Baseball
Learn how to bet on baseball at VegasInsider.com. Betting Resources provided on understanding baseball odds, future wagers, parlays, prop bets, teasers and much more. Bet the World Series, MLB Playoffs, MLB All-Star Game at VegasInsider.com. In-play Odds: Live Betting on Baseball Games. Look for live odds at your online sportsbook of choice to make an in-play bet. Odds will be available for plate appearances, runs, which base a batter will get on, and the number of strikeouts a pitcher will record during any given inning.
MyBookie makes wagering simple.
First steps:
- Createa MyBookie Account.
- You will need a positive account balance to place a bet. You can make a deposit using our available methods.
- Choose a Deposit Option. and Selecta Bonus.
- Deposit Fundsinto your MyBookie Account.
- Learn About Betting Oddsand Place Sports Bets. We have a complete help section on ‘Howtobetguides‘ available for you.
Now learn about the types of bets for the Baseball.
MONEYLINE BETS
Moneylineis the most popular bet where, in order to win, all you have to do is pick the victorious team.
Starting with 100, which means each team has an equal chance to win, each team is assigned a number. If the Boston Red Sox are (+150) over the Chicago Cubs and they win, for every $100 you bet, you will get your original $100.00 back, plus, you’ll win $150. Conversely, the Cubs may be (-130) and in order to win $100.00, you would have to bet $130.
RUNLINE BETS
A runline bet is a bet made made based on the total number of runs scored in an official nine inning (8.5 innings if home team wins) or longer game.
All you need to do is choose whether the score will be higher or lower (“over/under bet”) than the runs posted in the game line. If you are correct, you will win.
SERIES BETS
Pick the winner of a series during the regular season and you win. This becomes a much more popular bet type during the baseball postseason, where Playoff Series and the World Series have more meaning.
For this type of bet, there are odds set, based on the probability of each team winning the series.
PARLAYS
A parlay is a bet where you must correctly pick the winner in twoormoregames. The run line for each game is the same as if you were betting on an individual game, but each game’s potential winnings are added to the next.
It is a chance to win a large sum if you are right, but if you get one team wrong, you lose the bet. The larger the parlay (total games in combined bet), the harder it is to win. It’s not my favorite bet to make but if you’re willing to gamble a little bit the bigger the reward at the end.
PROPOSITION BETS
In baseball, these propositional bets or props bets can range widely. Usually, they are taken as questions.
Here are some examples:
How To Bet On Baseball And Win
- Will any runs be scored in the first inning?
- Who will get the first hit in the game?
- How many home-runs will be hit, and so on.
- Who will win the batting title?
- Which Pitcher will win the Cy Young Award?
FUTURES WAGERS
Several popular types are the number of games a team will win for the season, if they make the Playoffs and if they win the World Series.
How To Win Betting On Baseball
Odds are assessed based on information gathered before the first game is played.
For a complete list of baseball betting rules click here.
More articles Related to these Topics how to bet
Every season we are bombarded by questions about how to bet baseball. This is a brief beginners guide for baseball betting. Placing wagers on MLB games is not difficult, but it is quite different from betting on football or basketball. For bettors who aren’t familiar with the money line, it can be a little intimidating, but once you figure it out for the first time it becomes fairly simple.
Baseball Money Lines
The money line is based off a $100 bet. In every contest you will have a team that is favored, represented by a minus sign next to the money line (eg. Yankees -125), as well as an underdog, which will have a plus sign next to the money line (eg. Rays +115). In our examples, to win $100 you would need to risk $125 on the Yankees because they are favored. Because the Rays are the underdog here, you are getting better odds. That plus sign means you can wager $100 to win $115 on the Rays.
What are Dime Lines?
A dime line simply means that the difference between the money line on the favorite and underdog is only 10 (or -10 to be more specific). For example, Yankees -140/Rays +130 would be considered a dime line, however, most sportsbooks use a 20 cent line and would have the odds Yankees -140/Rays +120 on the same game. If you are serious about betting baseball, you must have a sportsbook that provides dime lines.
MLB Run Lines
The run line is basically a -1.5 or +1.5-point spread given to each team in a particular game. Again, the minus will represent the team favored, while the plus will be the team that is the underdog. With favorites on the run line, you are betting that favored team will win by two or more runs. If that team were to win the game by just a single run, your bet on them would be considered a loser. Because you are taking more of a risk by predicting that the team will win by at least two runs (instead of outright with the money line) you will get better odds. Keep in mind that, historically, about 30% of MLB games have been decided by just 1 run. Taking the underdog with the run line means that you are betting that your team will either win the game outright or only lose by one run. Because you are increasing your odds of winning, betting the underdog on the run line will cost you significantly more than betting that team on the money line.
Totals for MLB Games
Just like in football or basketball, the oddsmakers set totals for baseball games. This just means you are betting on the combined number of runs scored by each team. The bookie sets the total and you bet on whether you think the total runs scored by both teams will be more or less than the set number. These are called over/under bets for obvious reasons.
Baseball Parlays
With baseball, parlays are the same as football or basketball in that you must win all of your wagers in a parlay to cash in a winning bet. The biggest difference in baseball is that, because of the money line, you are going to have adjusted payouts compared to the other sports.