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Baseball Betting
Baseball Betting - Baseball History - Rules & Strategies - Glossary
MLB Baseball Strategies/Rules
Baseball season provides two things to many bettors: opportunity and confusion. Many novices, and even some of the more seasoned sports gamblers, find the intricacies of baseball betting on America's past-time a little daunting when it comes time to putting their money down on a baseball game. So, without further ado, let's jump into how it's done and how it works.
The first difference that bettors familiar with football and basketball notice is that there is no point spreads involved in baseball. Betting baseball involve odds or a price that is represented as a Money Line. Baseball Money Lines are odds expressed in terms of a dollar. Baseball Favorite bettors will end up laying more than a dollar in order to win a dollar, while baseball underdog bettors will wager a dollar to win more than a dollar. Sometimes the baseball odds are expressed as a dollar with cents, and sometimes the "decimal" is assumed. Odds of -1.30 and -130 are the same. A baseball favorite that is given a value -130 means that a gambler trying to win $100 would have to put up, or risk, $130 in order to win that $100. A baseball underdog which has a value of +120 means that for every dollar a gambler puts down on the baseball game, he would win $1.20, thus a $100 bet would net him, if the baseball bet wins, a $120 profit.
Baseball favorites will always be represented with a minus sign "-" in front of a value, and baseball underdogs, if they are represented, will always have a plus "+" in front of a value.
A side bet is considered won once a baseball game has gone 5 innings, or, if the home team was leading after 4 1/2 innings in the event that the game is called or suspended. Baseball games that do not go past this distance are considered no action, and all wagers returned.
Baseball bets are determined by the winning side when a game goes past 9 innings (extra innings).
Baseball Pitchers:
Action: you do not care if the listed pitchers start the baseball game.
Listing both pitchers: you want action only if both pitchers start the baseball game.
Listing your pitcher: you want action only if your pitcher starts the baseball game.
Listing the opponents' pitcher: you want action only if the other baseball teams' pitcher starts
TOTALS
Baseball totals are fairly straightforward, but due to the nature of scoring in the sport, a money line is usually attached to the number as betting becomes unbalanced on a side. The baseball money line attached will work on a 20 cent line.
To start with, the Baseball National League, with the pitchers hitting, will generally have a total close to 7 1/2 runs, while the Baseball American League, with the DH, will produce totals closer to 9 1/2. The totals will differ from these amounts based on weather, teams and pitcher.
Baseball total lines will frequently appear with either an over or under followed by a money line (generally just showing the cents, rather than the full dollar amount. 7 1/2 over 20 means 7 1/2 over -120). When a total is followed by an "over", then the over bet is considered the favorite, and baseball bettors will have to wager more to win a dollar. Conversely, when a total is followed by an "under" and then a money line, consider the under wager a favorite - a wager on the under will force a bettor to bet more money to win a dollar, with a more favorable price given to "over" bettors.
A baseball total that lists no over or under attached to the number is considered "flat" and a wager of -110 to win $100 is required on either side.
The baseball total refers to the number of runs BOTH teams score for the entire game, INCLUDING extra inning if the game goes past 9 innings.
BOTH LISTED PITCHERS must start for a baseball total wager to have action. If one, or both, of the listed pitchers do not start, then a wager on a total has no action, and all bets are refunded.
A baseball game must go 9 innings (8 1/2 if the home team is leading after that point) for a total wager to have action. Games called before this point will not have total action, and all total bets will be refunded.
RUN LINES
The concept of a run line involves a baseball team getting 1 1/2 runs (the underdog) while the favorite must give up 1 1/2 runs, a money line is then attached to the 1 1/2 runs.. For a favorite to win on the run line, the team must then win by 2 runs.
The price on a favorite will usually be expressed as a positive line (the same as a side underdog) because the baseball team must win by 2 runs. The money line attached to the team getting 1 1/2 runs will usually be a negative (the same as a favorite side), because the team can still lose a 1 run game and come through for a bettor.
The same rules that apply for baseball totals apply for baseball run lines: listed pitchers must start, and the baseball game can not be called early.
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