Like any other popular sport in the world, baseball is a betting game as well. When the summers starts, many fans of the game and bettors want to take advantage of their knowledge of the game while playing at Michigan online gambling 2020. Placing bets in other sports may be easy but when it comes to baseball there are specific rules that you have to know and follow.
Since baseball is a specific game by itself, knowing the exact rules is the first step in successfully wagering on baseball. However, you still have to learn specific terms and ways that you can place your bets on.
Here are some that you should know about.
Moneyline bets are the most popular and easiest wagers in any sports. It is an outright type of a bet and you simply have to guess correctly which team will win the game.
This part is fairly easy, but there is a trick to it or rather a handicap. Since there are favorites and underdogs to each matchup, favorites are given greater odds to win. Meaning that you will get less money by placing a bet on the favorite.
The odds for the favorite are usually marked with a minus sign ( – ), while the underdogs are given a plus sign ( + ).
If you know what a point spread is then you will easily understand the runline. It is essentially baseball’s version of a point spread bet. A 1.5-run spread is usually given. As with the moneyline, there are favorites and underdogs and the favorite will be given a greater chance of making the runline.
So if you are placing a bet on a, for instance, Boston (who is a – 1.5 favorite) you have to hope that the team wins by that amount of runs or higher for your bet to go through. If the team does not make the given amount of runs, you essentially lose your wager.
These types of bets are usually referred to as the first five innings bets. It is similar to a moneyline bet, where you try to estimate the winner, but your bet will only refer to the first five innings of the game.
This actually requires specific knowledge of the game and understanding the teams and players. One can look for this opportunity in the part of the season where teams are still searching for their game. You only need to look at the bullpen and see who the first five pitchers are for this to go through.
Betting on Totals
Betting on totals in baseball is similar like betting on the number of total points in other types of sports. To guess correctly on the number of runs both teams together are going to make in one game. The oddsmakers will give a number of runs (for instance 10.5) and you have to correct if it’s going to be more or less than that.
If you are certain that the number of runs is going to exceed the figure you can bet on the OVER. But if in your opinion it is going to be less than that you then bet on the UNDER.
Betting of futures is available all year long and even before the season actually starts. You simply need to guess correctly which team is going to win the World Series, the National League or the American League. As the games are played and the season moves on odds will change. The biggest odds will be given at the very start of the season so it is wise to place your bets then and there.