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How To Hit A Home Run When Betting
on the MLB
How to bet on baseball.
Much unlike football and basketball where you will find the majority of bets in the point
spread, baseball is a bit more of a money line sport. Prop bets and run line bets are
available, but they are not quite as popular. This means that fans and bettors need not bet
on who covers the game, only who wins it.
When you look at Fanduel’s MLB Sportsbook, you might even find that you can bet on the
spread, which is the run line, and in almost every case it is -1.5 runs for the favorite. You
could also bet under/over odds, which is a wager on how many runs will be scored in the
game.
There is much to choose from, But which is best and more likely to get you a betting home
run? Let’s have a look.
Reading MLB Game Odds.
Firstly, let’s look at how you can read MLB game odds. When you are learning to bet on
MLB, you need to pick a team who will win the game outright if you are betting money line-
the most popular bet type in MLB.
If the Boston Red Sox were playing the Chicago White Sox, with the Red Sox as favorite,
the sportsbook may look like this.
Boston Red Sox -200
Chicago White Sox +170.
The Red Sox are the favorites here and the White Sox are the underdogs. If you bet $100
on the Red Sox, and they won, you could get a pay out of $150, which is your original bet
returned to you plus $50. If you gambled on the White Sox, then you would get $270 if they
won, getting your $100 bet back, plus $170 of winnings.
This is the basics of how it works and how you should read the odds. Reading the odds is
the first step to making a good betting choice. Remember while you get a bigger payout to
bet on the underdogs, they are less likely to win, so it is a real gamble.
Runline Betting.
If you decide to take a different approach, there is always the run line. Which is baseball’s
version of the point spread. One team may be given the advantage of 1.5 runs to even out
the betting field. This is done so because baseball is fairly low scoring.
This would look like;
Boston Red Sox -1.5
Chicago White Sox – +1.5
For the Red Sox to cover the run line they need to win by two or more runs, for the Dodgers
to cover, they need to win the game outright or not lose by more than one run.
Betting on the combined score.
If the Red Sox played the White Sox, total odds would look something like this.
Over 7.5
Under 7.5
You need to wager whether the combined runs of the two teams will be more or less than
this set number. So, if you think the Red Sox and White Sox will together make 8 or more
runs then you would bet over. If you believe it would be 7 or less, bet under.
Betting strategy.
When you are betting on the MLB, try to avoid big favorites. Odds makers know that you
love to take the favorite, and they will typically capitalize on biases. This means that popular
teams like the Red Sox, Yankees, Cubs and so on will always be overpriced. In cases like
this, if you win the payout is small, and when they lose you are crushed.
Take advantage of plus-money underdogs, while there is plenty of risk involved, if you avoid
big favorites and take on the underdogs you can win at a sub-50% clip, and still finish the
year with positive units!
Always consider divisional dogs, divisions play each other often and get to know each other
well, so divisional dogs have a higher chance of winning than dogs outside the division.
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