How to Bet on Baseball – Understanding Totals and Run Lines

In the second how to bet tutorial series, we will go over how to bet on the Totals and Run lines. Unlike betting on the money line, these 2 types of baseball wagers even out the odds. Thus, are also popular amongst gamblers as they make cost more profitable by making it a bit riskier.

How to Bet on the Run line

In baseball betting, the Run Line is more or less the same as the point spread. When a gambler bets on the Run Line, they bet that the team will cover the Run Line.  Here is an example of the odds for a baseball Run Line.

·         New York Yankees -1.5 +110

·         Atlanta Braves +1.5 -140

The Yankees are the favorite team to win with a -1.5 Run Line.  This means that if you bet on the Yankees on the Run Line, they have to win by 1.5 run.  However, the interesting aspect of the run line is that it can totally change the winnings on a bet. This is because even though the Yankees will probably win the match, they may not be able to win by 1.5 runs.  Thus, the next number +110 means that you bet $100 to win $110.

According to sportsbook pay per head, the opposite is also true for the run line of the underdog.  If you bet the Run Line on the Braves, it means they have to lose by 1.5 or more runs.  Therefore, you bet $140 to win $100.

How to Bet on Baseball Totals

In baseball, betting on the totals means you wager on the total number of runs made during the game. The bettor has the option to bet over or under the number of runs set by the sportsbook.  Here is an example of a Baseball Total Odds.

·         Over 10.5 -115

·         Under 10.5 -105

In the above example, if you bet on the Over, it means you bet that the total runs of both teams will be over 10.5. Furthermore, the odds will always vary. In this example, the “-115” means that you must bet $115 to win $100. The same applies if you bet on the “Under”.  It simply means that you are betting the total runs of both teams will be less than 10.5.

For those thinking about opening a baseball sportsbook, this is very important. This is because determining the right odds will increase your baseball betting hold. Thus, it also increases the potential profit from your sportsbook.

Now that you know the basics of baseball betting, are you ready to place your bet? 

How to Bet on Baseball – Baseball Money Line Betting Tutorial

 

Last month, the baseball season finally began with lots of exciting games to bet on. At the moment, only the Pirates and the Yankees are undefeated. This early in the season, it might not be a bad idea to fading a team on your next bet might be a good idea. For that that have no idea what I am talking about, here a quick tutorial on How to Bet on Baseball.

This time around, I will begin by teaching How to Bet on the Money Line in just a few simple steps. Before we begin, what exactly is a baseball money line bet? A baseball money line bet is no different than any other money line wager. It’s all about predicting which team or person will win a game or contest, regardless of the final margin. Therefore, when you place a money line wager, you bet on the outcome of the game between 2 team or people.

Of course, there is a bit more to it because of the odds involved.

How to Bet on the Baseball Money Line

The Money Line is the most basic of baseball bet available because it is simply about picking the winner of the game. All sports bets have Money Line betting available and baseball is not an exception. However, to even out the betting, sportsbooks use baseball betting odds so that not everyone will bet on the favorite team.

For example, the NY Yankees are playing against the Chicago Cubs.  The NY Yankees have a stronger team and will probably win. Thus, in order to bet on the Yankees, the bettor must risk more money than he will win.

According to bookie pay per head reviews, by using such a method, the sportsbook ensures that not all of the bets will be on the Yankees.  This is because if everyone bets on New York, then they will lose money if they win.

This is what the Money Line Odds will look like for this scenario

·         NY Yankees -200

·         Chicago Cubs +170

This “-“ in front of the number means that the NY Yankees is the favorite team to win.  Thus, if you want to bet $100 on the NY Yankees, you will only win $50.  You figure out how much you win by dividing 100 by 200 and multiply it by how much you wager.  Therefore, if you bet $400 you only win $200.

On the other hand, if you bet on the Chicago Cubs, $100 and win, then you would get $170.  You figure out the calculation by simply dividing the odds by 100 and multiplying it by the amount you wager.

Simple enough right? Well, if that seems like it is too much of a risk. Then you might want to consider becoming a baseball bookie and take the action instead of putting it.