Betting Baseball: How to Make Money Betting on Baseball

Posted on Jul 8 2012 at 07:27:22 PM in Baseball

Betting Baseball: How to Make Money Betting on Baseball

These are the dogs days of summer--the NBA is over and the NFL and college football season are still far away, but for sports betting fans, there is still money to be made. That money is ready to be made betting baseball.

Betting on baseball can be very profitable and is one of the more unique sports to bet on. Once a sports bettor knows the rules they can bring back a tidy profit from wagering on baseball.

If you want to make money betting baseball, start at BetOnline. They have the best odds and bonuses that make it easy to make money betting on baseball.

Here are a few of the basics of betting on baseball and some terms to get familiar with.

Side betting or the moneyline: This is the most popular bet in baseball and all you have to do is pick the winner of each game.

Since there is no point spread in baseball, each team has odds that correspond to what percentage the bookie thinks the team has to win. A typical baseball moneyline wager will look like this:

Seattle Mariners +160
Boston Red Sox -170

Anytime a team has a + in front of their odds that means that's the amount you stand to profit based on a risked wager of $100. Anytime you see a minus sign (-) in front of a teams odds, this designates the amount you must risk to profit $100. To further clarify, a winning bet always receives the risked amount back as well as the profit. If a game should tie for some reason or be suspended, your bet is no action and the risked amount is refunded to your betting account.

When you place your bet on the game, you will have the option of betting listed pitchers or "action." If you select listed pitchers, both pitchers must start and throw at least one pitch for the bet to be considered official. If you select action, it doesn't matter what pitchers start, your bet is a go either way and you'll be given whatever odds the sportsbook listed when the pitching change happened.

It should also be noted that the above listed example is using a dimeline.

Different sportsbooks offer different options for dimelines and in the long run, a dime line could save you money. Check out how much of a dimeline your sportsbook offers, before signing up to bet on baseball.

A dimeline pays 10 cents per dollar less than the favorite’s risked amount. A 20 cent line would pay 20 cents less than the favorite odds per dollar risked. Obviously the dimline is the way to bet baseball. Make sure your sportsbook offers it or you should definitely look elsewhere to gamble on bases.

Example of The Money Line
Lets say that the Yankees are playing the Red Sox and the Yankees are the favorite. The money line may be listed as:
Yankees -140 Red Sox +120

In this example, if you wanted to bet on the Yankees who are the favorites you would be putting up $140 and if you win you would collect $240 giving you $100 profit. In other words, you risk $140 to make $100.

If you wanted to take the underdog Red Sox you would wage $100 and collect $220 if you won. This means that you risk $100 to make $120.

Another way to bet is by using the Run Line. The runline is more like the spread that a football bettor would be used to playing. The run line is used in baseball when one team is a big favorite. A number of runs such as 1 ½ 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 ½ runs. If the Yankees win by only one run you would lose the bet. If they win by 2 runs or more you win 110 of your 100 wager.

Another way to wager on baseball is by betting on the total also known as the over/under. If you're completely new to overs/unders, more commonly referred to as totals.

Baseball totals are just like the totals for any other sport, in that you're betting the total number of points (runs in this case) is either over or under the bookmaker's predicted total.

The one difference is that in many cases you will have to risk more than the standard -110 used in football and basketball totals when you place a baseball totals bet. On the positive side, there will be cases where you receive favorable odds, such as +120 when you place a toals bet in baseball.

Using our earlier game between the Padres and the Giants for total purposes, it's quite possible we would see a totals proposition of:

San Diego Padres OV 8.5 -130
San Francisco Giants UN 8.5 +110

What this means is that bettors wishing to wager more than 8.5 runs will be scored will have to risk $130 to win $100, while those wagering on the under will risk $100 to win $110.

For wagering purposes what happens in extra innings counts, both for totals and run line bets.

There are different ways to bet on baseball and plenty of ways to make money in this grand sport. Study the lessons provide here, pick a great sportsbook and start betting today!

If you want to make money betting baseball, start at BetOnline. They have the best odds and bonuses that make it easy to make money betting on baseball.

(More sports betting articles at Boookie Blitz)


  Article Information
Created: Jul 8 2012 at 07:27:22 PM
Updated: Jul 8 2012 at 07:27:38 PM
Category: Baseball
Language: English