Baseball Sports Betting
Betting on baseball is far different than betting in football because the game is
decided by a run or two and it is not practical to have a spread as they do in football. The sports book instead use a money line for betting baseball. The money line is also used for other sporting events.The money line determines the amount of money laid and the amount of money won when wagering on either the favorite or the underdog. The highest negative money line determines the favorite team, and the lowest negative money line and all positive money lines determine the underdog. The most common case is the favorite with a negative line and the underdog with a positive one. The money line is listed based on 100usd bet. The money line may look confusing to the novice player betting on baseball for the fist time but it is really easy to figure out.Example of The Money Line:Lets say that the Team A are playing the Team B and the team A are the favorite. The money line may be listed as: Team A -140 Team B +120In this example, if you wanted to bet on the Team A who are the favorites you would be putting up 140usd and if you win you would collect 240usd giving you 100usd profit. In other words, you risk 140usd to make 100usd.If you wanted to take the underdog Team B you would wage 100usd and collect 220usd if you won. This means that you risk 100usd to make 120usd.The sports books make their money on sports bets by collecting a commission on every bet made. When the favorite team loses, the sports book make their money in baseball betting. In the example above, if the Yankees lost the sports book would make 20usd. They are collecting 140usd for the losing bet but only paying out 120usd for the winning bet. To make it more enticing to bet the under dog, the sports book will adjust the line if one team is heavily favored.Pitching Matters:In baseball the pitchers are the key to the game. The money line in baseball is made based on the starting pitchers for the games. The money line maybe adjusted in the event of a pitching change before the game and an unscheduled pitchers starts. You can bet a baseball game several ways depending on the pitching. In the game listed in the above example lets say that the money line was made based on Randy Johnson pitching for the Team A and Tim Wakefield pitching for the Team B.The Run Line:The run line is used in baseball when one team is a big favorite. A number of runs such as 1 and a half or 2 is subtracted from the score of the favorite team. This is similar to the point spread in Football. However, most of the times if you bet on the run line the favorite becomes the underdog. In the example above the Yankees were -140 if you bet them on the money line but they are +110 if you bet them -1 and a half runs. If the Yankees win by only one run you would lose the bet. You win 110 of your wager if they win by 2 runs or more.
Baseball Sports Betting
By: christine marie
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