How Baseball Betting Works

Played globally, for over a century, baseball is affectionately known as the Grand Old Game. Wildly popular in places like Japan and South America, the biggest stars of the game play for the thirty teams that make up the Major League Baseball league in North America. During a month of Spring Training, the 162 match regular season, plus four weeks of playoffs, there are always a lot of opportunities to bet on baseball.

Pros and Cons Of Baseball Betting

Baseball is a game of failure. The best team ever lost 30% of its games. And the best teams in baseball over the last five years lost almost 40% of their games. So knowing how hard it is to predict a win, does it even make sense to bet on baseball?

With more pros than cons, baseball betting runs from late February through to the end of October and sometimes into November. Apart from a four-day break for the annual MLB All-Star Game in July, Major League Baseball action is posted everyday during the regular season at the top ranked online sportsbooks listed in the table below. Run lines, game totals and money lines are the most popular baseball betting options. Player and team props, plus hitter-by-hitter LIVE MLB wagering action, also add to the excitement. Let’s delve deeper into the nuances of hardball handicapping.

Understanding Baseball Odds

As discussed in our video, run lines are constant as chalk squads face a -1.5 run deficit while dogs begin contests with a +1.5 lead. Also known as “against the spread” odds, run lines can change at any time, during any half-inning, on LIVE betting boards based on the flow of the game. At the time of writing, a Los Angeles vs Chicago MLB preseason game gave us a solid example of that as bookmakers were offering the White Sox at +8.5 runs when they were down 10-1 to the Dodgers in the top of the seventh. Taking the runs worked out as the Sox lost 13-7 but rallied to cover. 

Similar to the odds of the other three North American Big Four sports, game totals and money lines are also available on every MLB match. Over/Under odds run the gauntlet from as low as 4.5 to numbers in the mid-teens and are often dependent on the starting pitchers matchup. Straight up prices in baseball are often fairly tight with teams being chalk or pups with odds the run anywhere from EVEN to +/- odds in the low 200’s. As an example, SportsInteraction posted underdog money lines from +101 to +195 during the Chicago Cubs historic 2016 World Series Championship run.

How To Make Money Betting On Baseball

Wagering on the Boys of Summer receives a bit of bad rap at times but, as experienced hardball handicappers, we can attest to the fact that sports bettors do make money betting on baseball. Being as there are many strategies employed over the course of a baseball game, cashing winning tickets begins with a proper research plan. Like knowing the starting goaltenders when wagering on NHL contests, bettors must know the starting pitchers prior to placing MLB bets. We don’t suggest blindly riding teams with the better pitcher but looking at the mound matchup is the best research starting point prior to betting on MLB action at a baseball expert like SportsInteraction.

From there, our research path looks at the teams stats on offense and defense, recent head-to-head matchups, both teams form over their last dozen or so matches, plus the home and away records of the clubs involved. Boiling down that info will yield a fairly clear likely winner. MLB Championship futures wagering is also a bankroll building opportunity and our futures section is updated with helpful tips regularly. Due to its “slower” pace, baseball is the least hectic and most popular form of LIVE sports betting. Follow us on Facebook to receive free predictions throughout the MLB season and be sure you are betting with reputable sportsbooks like the ones listed in the table below. 

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