Baseball betting value is nothing more than laying less money than you really should be on a favorite and getting more money than you should be on a dog. An overlay is when you are betting on a favorite and laying out more money than is actually merited in baseball betting.
To put it another way, an overlay is when you are paying too much, which is something that you should never do when making baseball betting picks. In vowing to never make an overlay you must also recognize where baseball betting overlays most likely are, and that is with power home favorites against lesser teams.
These baseball betting overlays are maxed out in such matchups when the power team's best pitcher takes the hill. For example when the Boston Red Sox are at home with Josh Beckett as the starting pitcher against the Kansas City Royals, brace yourself for laying out well over -$300 in baseball betting.
The same would hold true when Johan Santana or Jake Peavy was on the mound for the Mets or Padres espectively. While it is true that prohibitive favorites are more likely than not to win as baseball betting picks it is also just as true that on the rare occasions that they lose, it takes a gambler a week or longer in many cases to recover from that one loss in baseball betting.
Sportsbooks were getting tired of so many favorites winning against the baseball betting odds so they raised the prices on favored teams with marquee pitchers. There is a time and a place to take power teams with their power pitchers but it just isn't when they are at home in baseball betting.
You might find a reasonable price when they are on the road and that could be the time to take them in baseball betting odds. Always remember that you need to find value in baseball betting odds if you expect to make money in the long run. That can tell you to look to underdogs more often in baseball betting odds.