Baseball Betting How to Bet Basics
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Baseball Betting: Basic Guide for Beginners
Summary
Discover the essentials of betting on baseball and why it's a great starting point for novice bettors.
Key Terms
- Baseball Betting
- Sports Betting
- Point Spreads
- Money Line
- Sportsbooks
- Total Bets
- Run Lines
Introduction
If you're new to sports betting but eager to give it a try, baseball offers one of the simplest entry points. Unlike football and basketball, which involve complex point spreads, baseball betting focuses directly on the outcome of the game. Plus, with its longer season, you have more opportunities to win. Here's a step-by-step guide to get you started.
Baseball vs. Other Sports Betting
The primary distinction between baseball betting and sports like football and basketball lies in the use of money lines instead of point spreads.
Understanding Point Spreads
In sports like football and basketball, point spreads are common. Sportsbooks adjust the odds by subtracting points from the favored team (expected to win) and adding points to the underdog (less likely to win but offers higher returns if they do).
Understanding Money Lines
In baseball, outcomes are determined by money lines. This means the odds are set based on the game's result. Bettors risk more on the favorite and less on the underdog. For example:
- Favorite: If the money line is -170, you need to bet $170 to win $100.
- Underdog: If the money line is +150, betting $100 would earn you $150 if the underdog wins.
The difference between the favorite's negative odds and the underdog's positive odds is known as the "cent line" (e.g., twenty-cent line, ten-cent line).
Additional Betting Options
Sportsbooks also offer total bets and run lines in baseball.
Total Bets
These bets are based on the combined runs scored by both teams. For instance, if the over/under is set at 7:
- Over: Wins if the total runs exceed 7.
- Under: Wins if the total is less than 7.
Run Lines
This is baseball's equivalent of the point spread. You choose whether a team wins by more than one run (-1.5) or stays within one run (+1.5).
Conclusion
While the money line simplifies baseball betting compared to sports with point spreads, calculating payoffs can be a bit tricky:
1. Betting on the Favorite: Add 1 to the favorite's money line and divide the result by the favorite's money line.
2. Betting on the Underdog: Simply add 1 to the underdog's money line.
By understanding these basics, you'll be ready to dive into baseball betting with confidence. Enjoy the season and may your wagers be successful!
You can find the original non-AI version of this article here: Baseball Betting How to Bet Basics.
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