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Baseball Odds

Baseball Betting Odds

For those who love baseball, parsing out baseball odds is a great way to win some extra money and enjoy your favorite pastime.

Baseball betting is becoming more and more popular each season. Baseball is known as one of the sports where a smart bettor who practiced proper money management can make some really huge profits. Once a bettor begins to study and understand MLB baseball lines and baseball odds, he or she can gain a better understanding of how the bookies set their numbers. The bookies set a lot of these MLB baseball lines with the public in mind. They know the public is going to bet the Yankees and Red Sox (and other public teams) every night so there are some great situations to get good numbers by going against teams like that. In baseball betting, the moneyline is used, which is a little different than the point spread in football. Runline betting is also another form of baseball wagering that is increasing in popularity.

A baseball wager is done by laying or taking money odds. It is based primarily on moneylines, and with its relative simplicity, baseball betting offers some of the easiest money to be made in sportsbooks. The minus (-) indicates the favorite; the plus ( ) indicates the underdog. On money odds whenever there is a minus (-), you lay that amount to win a dollar; where there is a plus ( ) you get that amount for every dollar wagered.

Baseball Facts

• Team Members 9 at a time
• First Played June 4, 1838 in Beachville, Ontario, Canada (first time ever recorded)
• Game Time Usually 9 innings
• Home Run Record Barry Bonds (762)

Placing a baseball wager is a bit different than in other sports. While the payoffs can be just as rewarding, it's vital to understand the different kinds of wagers available.

Kinds of Baseball Wagers

Moneyline & Totals

Moneyline wagering is betting on the contest based on a given price rather than a point spread. The team one has wagered on just has to win the game. On an over/under (totals) wager, the total runs of the game by both teams combined, extra innings included, must fall over or under the side selected.

Moneylines are typically offered on all MLB and College World Series games. These wagers are usually accepted in the following manner:

Action - team against team, regardless of the starting pitcher.

Listed Pitchers (both specified pitchers) - For wagering purposes, each team's starting pitchers are expressly specified. This is known as "listing". Baseball wagers are accepted based on the listed pitchers. In the event of a pitching change prior to the game, all wagers on a team are considered "No Action". All wagers will be refunded to the bettor's account.

Run Lines

Run Line Wagering is betting on the contest based on a point spread and a moneyline combined. The team wagered on must win by the point spread.

When wagering on total runs or run lines, the game must go the regulation 9 innings or 8.5 innings if the home team is leading, otherwise it will constitute a "No Action" wager and all money will be credited accordingly.

Parlays

Parlays, also known as Multiples or Combos, are a very exciting way for the baseball wagerer to win potentially large amounts of cash with comparatively lesser risk than other types of baseball wager methods.

A parlay is a bet of 2 or more teams (selections) or propositions in no particular order. All teams wagered on in a parlay must win. If there is a tie, it reverts down to the next lowest number for payoff. For 2 team parlays, a tie and win becomes a straight bet payout.

Other Baseball Wager Info:

MLB games are usually official after 5 innings of play or 4.5 innings if the home team is leading. If a game is subsequently called or suspended, the winner is determined by the score after the last full inning unless the home team ties the score or takes the lead in the bottom half of the inning in which case the winner will be determined by the score at the time the game is called.

Any and all baseball series wagers must usually have all 3 games played by the end of a specified date for the wager to have action. If all 3 games are not played by that specified date, then all wagers are "No Action", regardless if one team has 2 wins. All three games must be official as per the sportsbook rules on what constitutes an official result.

All baseball props must go the full 9 (8?) innings unless otherwise stated. They also must start the listed pitchers.

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