Baseball Betting How to Bet Basics
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Baseball Betting: The Basics
Introduction
If you're new to sports betting and want to start with something straightforward, baseball might be your best bet. Unlike football and basketball, which often rely on complicated point spreads, baseball betting focuses on the simple outcome of the game. Plus, the lengthy baseball season offers more opportunities to win. Here's a comprehensive guide to getting started with baseball betting.
Understanding the Basics
In baseball, the primary difference from other team sports like football and basketball is the use of the money line instead of point spreads.
What is a Point Spread?
Point spreads are common in football and basketball. This involves adjusting the odds by subtracting points from the favorite (the team expected to win) and adding points to the underdog (the team likely to lose).
What is a Money Line?
In baseball, the money line represents odds based solely on the game's outcome. Bettors must risk more on the favorite and less on the underdog.
For example:
- If the money line is -170 for a favorite and +150 for an underdog, you need to bet $170 on the favorite to win $100.
- Betting $100 on the underdog could net you $150 if they win.
The difference between the odds, such as a -170 favorite and a +150 underdog, is known as the "twenty-cent line." Other common lines include the "ten-cent line" (or dime line) and the "fifteen-cent line."
Additional Baseball Betting Options
Aside from the money line, sportsbooks offer total bets and run lines.
1. Total Bets:
These bets focus on the combined runs scored by both teams. If a sportsbook sets a match total at 7, betting on "over" means you win if the total runs exceed 7. Betting on "under" wins if the runs total less than 7.
2. Run Line:
This is baseball's version of point spread betting. You wager on whether a team will win by more than one run (marked as -1.5) or keep the game within one run (marked as +1.5).
Conclusion
While baseball betting with the money line is simpler than football and basketball, calculating payoffs can still be tricky:
1. For the Favorite:
Add 1 to the favorite's price, and then divide by the favorite's price.
2. For the Underdog:
Simply add 1 to the underdog's price.
By understanding these basics, you can navigate the world of baseball betting with greater ease and confidence. Happy betting!
You can find the original non-AI version of this article here: Baseball Betting How to Bet Basics.
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