Baseball is one of America’s favorite sports. The sheer volume of games played annually has also made the Major League Baseball the most profitable sports organization in the country. Not only that, but the game has caught on globally, gaining massive popularity in East Asia and Western Europe. Naturally, this has made baseball one of the most popular sports to wager on around the world.

Betting on Baseball

Due to the sheer popularity of the game, it is no surprise that baseball is now one of the top wagering sports around the globe. However, many people, who are new to the sport, might not be totally aware of how baseball betting works, and how to best capitalize on it. In this article, we would like to delve into the sport and its wagering culture, and give you a better idea of what it is like in 2023.

Sportsbooks

The first thing you should be aware of is where you can bet on baseball. Of course, visiting a local, brick-and-mortar bookie is always a possibility. A much more popular practice when it comes to baseball betting, however, is visiting an online sportsbook.

Online sportsbooks are easy to navigate, easy to use, and incredibly accessible. You can register using any electronic device, and place bets on baseball, or any of the other three major league sports. But, baseball bets are extremely common. Especially considering, that there are various types of bets you can place.

Types of Baseball Bets

A lot of people view betting as simple – you place a bet on a winning team and hope for the best. However, while it can be as easy as that, wagering can also be quite complex. For example, there are different types of bets that you can place on baseball. In this section, we would like to look at the most common and popular ones.

• Moneyline

The moneyline bet is for newbies who don’t want to worry about spreads or point differences. You place a simple bet saying “The Yankees will beat the Red Sox,” and then you hope for the best. Certainly, moneyline bets are some of the most popular and common, as they don’t involve a lot of effort to make. All you have to do is follow your favorite team, and go over the odds.

• Spreads

Spreads are a lot more complex than moneyline bets. Not only are you betting on a game’s outcome, but you are also betting on a specific outcome. Rather than saying “Team X will beat Team Y,” you are saying “Team X will beat Team Y, by Z amount of points.” Naturally, the risks here are greater, but so are the rewards. Which is why many people enjoy spread betting.

• Over/Under

There are some games where you just don’t know what the outcome will be. However, you do have a feeling that it will a high/low scoring game. The good news is, you can bet on that. Over/Under bets involve bettors wagering on the total, final score. Basically, you bet on whether the total will go over or under a certain amount. If you get it right, you win.