Description
Baseball was developed originally from old English bat-and-ball games. That was nearly 300 years ago. Since then baseball has gone on with American football and basketball to be a real staple of the American sports psyche.
With that, it is one of the most popular sports in the world to bet on. So, here we take a look at how exactly you can do that.
Major Baseball Events
Baseball is much like American football and to a degree basketball, too. That is, there are baseball leagues played around the world. But the major tournaments are all held in the sport’s heartland of the USA. That is also where the major betting action is.
In MLB (Major League Baseball) in North America, teams play in the National League and the American League. They are divided into East, West, and Central divisions. Then, at the playoff stage, the ultimate champion is decided in the World Series.
How to play
Different Betting Odds
Money Line
The money line bet is the most straight forward. For instance, all you’re doing is wagering on who you think will win the game. And it really is as simple as that. So, if you see New York Mets at 7/5 and you place £10 on this, your return will be £24.
Run Line
Once again, choosing teams but this time in a way very similar to NFL spread betting, with run lines being 1.5. So, with a 1.5 run line you can back the favourites to win by two runs or more. Or, back the underdogs to lose by one run or indeed to win the game.
Totals
As in other sports, betting the totals in baseball means betting on the total number of points, or runs, scored in the game.
For example, you may see all three of these bets listed like this:
| Team |
Money Line |
Totals |
Run Line |
| Chicago Cubs |
1/1 |
Over 8.0 10/11 |
+1.5 20/37 |
| New York Mets |
5/6 |
Under 8.0 10/11 |
-1.5 33/20 |
Deciphering Baseball Betting Terminology
You may see these words and phrases bandied about when it comes to baseball betting, here’s what they mean:
- Against the Spread – betting on the handicap rather than on the money line, good for when you have a strong belief that the bookmakers have got their numbers wrong.
- Early Line – the first odds posted on the money line, remember these can change.
- Futures – essentially ante-post odds; the odds on a team winning a future division or tournament.
- Money Line – betting simply on the winner of the game.
- Run Line – always 1.5 in baseball; i.e. if a team is +1.5 on the run line and you think they can lose by less than that or even win, take the odds.
- Spread – the number set by a bookmaker on the totals market, i.e. over 8.0 or under 11.0 for example.
- Total/s – total points (runs) scored in the game by both teams combined.
Tips for Betting on Baseball
Now, the first thing to do is to understand how the game is played if you don’t already. For instance, numbers alone should not be a reason to bet. So, if a money line looks really juicy it could simply be because the team in question has no chance!
Therefore, you should read up. Then, take note of what the pros have to say and watch as much baseball as you possibly can to begin to understand patterns. This especially helps where in-play live betting is concerned.
Baseball Betting Offers
Specific baseball betting offers are not usually offered, save for specials on the World Series perhaps. But using your carefully chosen new customer bonus or reload bonus can help. Use it on baseball if you possess the right knowledge and it can increase your winnings.
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