Baseball betting takes place during the summer months when there is not much else going on in the betting world. Many online sportsbooks around the world could do without baseball betting because it is not one of their most profitable sports.
There are many gamblers that make only baseball bets and that is usually not good news for the sportsbooks. Baseball betting can sometimes look a bit confusing to the average sports gambler, but it is extremely simple.
All you care about is your team winning the game when betting baseball. There is no pointspread involved in baseball bets. Letâ€™s look at a typical MLB betting example. Letâ€™s say the Dodgers were playing the Giants with Derek Lowe facing Tim Lincecum. Los Angeles was a -120 favorite in baseball betting online with a total of 7 under.
If you were going to make a wager on the Dodgers you would lay $120 for every $100 you wanted to win on Los Angeles or the 12/10 equivalent. If you wanted the Giants when betting on baseball you would get even money or $100 for every $100 wagered. The total in this baseball betting example is 7 under.
That means if you want the under you lay $120 for every $100 you want to win, and if you like the over you get even money, or $100 for every $100 risked in baseball bets. If the total was 7 flat then it would be -110 each way in baseball betting.
You might notice in this baseball betting example that there is a $20 dollar difference on both the side and the total. That is what is referred to as a 20-cent line in baseball bets. Many sportsbooks use this 20-cent line, while others use a 10-cent line in baseball betting.
One thing that baseball betting players like to play is the parlay. In football or basketball, the sportsbooks love parlays because point spreads are involved. In online baseball betting that is not the case. A baseball betting pro can fill a huge parlay with favorites and end up winning a lot of money if they all come in.
This is a big risk for the sportsbooks because there is no point spread to even out the games in baseball betting. The payoffs are lower since there are a lot of favorites, but big parlays are still bad news for the books in baseball betting. Parlays are a losing proposition for the players in the other sports, but not necessarily in baseball betting.
Baseball betting can be profitable if you take the time to do a little research.
Set up an account at Sports-Gambling.com and place your baseball bets now!