Looking for an easy sport to make a profit off of? Well look no further than MLB betting, as most baseball fans will tell you that in a sport with such a long season turning a profit is easier than it looks. Nevertheless, even in such a sport which can make you a winner in the long run, not many breeders cup betting fans bet on baseball. The reason for this is because they are unfamiliar with what ways you can wager. Here are the three essential ways to gamble on baseball.
1. Moneyline – The moneyline is the most common wager in all of sports. Essentially to bet the favorite you have to risk more money to get back less. Conversely to bet the underdog you bet less to get more. In baseball, because each team plays a series, the moneyline is dependent on the result of the game prior. For instance the Yankees may be favored against the Blue Jays at + 200 in the first game, but after losing that game, they may drop to a + 180 favorite.
2. The Run Line – Basically, the run line wager is the love child between the point spread and moneyline. In essence, the run line operates on one and a half runs per game spread. Here is how it appears:
Kansas City + 1.5 – 125
Yankees – 1.5 +105
People wagering on the Royals are required to risk $125 to get back $100 specifically because they have a one and a half run advantage. Fundamentally, fans betting the Royals can still win the game if the Royals lose by one run, because they wagered on one and a half runs.
3. Over/ Under Totals – The over / under in baseball is similar to the other major sports in that you are guessing the total amount of runs scored to be higher or lower then what the bookie predicts. Yet the one stipulation attached to a baseball over / under is that you will have to risk more money to prove your wager right.
