Mlb Betting Lines Explained

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Sports Betting Odds and Lines Explained
by Doc's Sports - 2/28/2012

Are you new to the online gaming world? There’s a big event that might draw your betting interest nearly every month of the year. Perhaps you are looking to put down some action on the Super Bowl, the World Series, the NBA Finals, the Stanley Cup Finals. Perhaps one of the Grand Slam events for golf or tennis. Or any of numerous horse races. Or the Olympics! Maybe you just want to be well-versed in sports betting 101 to understand what your significant other, friends or family are talking about while watching sports. Here is everything you need to know with sports betting odds and lines explained.

The simplest and most common type of gambling is on the point spread – that’s the amount one team is favored to beat the other club. Now, one thing to be aware of is that oddsmakers aren’t necessarily predicting the outcome of an event but are putting up a line that will draw the most action from bettors, preferably on both sides.

Betting

MLB live betting With online betting, bettors can jump into a game at any point and bet on the live lines. The odds for the moneyline, run line and total will adjust and fluctuate throughout a game based on lead changes and the amount of runs being scored. Betting first five innings odds in baseball is similar to betting moneylines, run lines or Over/Unders for a full game, however, the bets are graded on the results through the first five innings of. MLB betting explained including the art of MLB Betting Bankroll Management and the different MLB bet types. Learn about lines, spreads and baseball betting tips and how to make money betting on Major League Baseball. Baseball betting isn't easy with so many games and pitching changes, read some of the basic betting tips for MLB here. Baseball Betting Explained Moneyline means you are betting who will win the baseball game Straight Up (SU) without a point spread. The team that wins the game wins the wager. The team with the negative. Run Lines Run line wagering is baseball’s version of spread betting. Spread betting is a popular form of football bettingand gives you a number the team is expected to win. For example, a football game may have a spread of 6.5, where the New York Jets are the favorite and the Tennessee Titans are the underdog.

A point spread is used in the NFL and college football, the NBA and college basketball among the major American sports. If you see a line at a site that has the Chicago Bears -7.5 vs. Pittsburgh Steelers that means the Bears are favored to win by 7.5 points over the underdog Steelers.

Of course, there is no such thing as a half point in football or basketball. However, the sportsbooks use half points at times to ensure there is no ‘push’ – which means a tie and neither the sportsbook nor the bettor wins (all money is returned). So if you were to bet on that Bears-Steelers example, Pittsburgh essentially starts the game with a 7.5-point lead. If you wanted to win money on the Bears, Chicago would have to win by no less than eight points. If you wanted to win money on Pittsburgh, the Steelers would simply have to not lose by more than 7.5 points. So a 21-14 final score in favor of Chicago would be a win for Steelers bettors but not for Bears bettors. Any Pittsburgh victory obviously would be a win for anyone who bet the Steelers. There is also a point spread called a ‘pick’em’ – which means there is no favorite or underdog. All you have to do is pick the winner regardless of score.

Mlb Picks And Parlay

Mlb betting lines explained for todayLines

There is also what is called a total. This is posted for every major American team sport. In football and basketball, the total is the combined amount of points the teams score in a game. You would either bet ‘under’ or ‘over’ that total. If the combined final score lands right on the number, then it’s a tie and all money is returned. In baseball, the total is usually between 6-10 runs scored combined by both teams in a game. In hockey, the total is usually between 5-6 total goals scored combined between two teams.

Often the over and under are both the same in terms of one or the other being a favorite. But there are times when either the over or under is favored over the other. This is when a moneyline comes into play. A moneyline is based on units of $100. It can also be used as a different way to bet on a winner or loser. In that Bears-Steelers example, Chicago could be listed at -150 on the moneyline and Pittsburgh at +200. That means you would have to bet $150 to win $100 on Chicago. But for that same $100, you would win $200 on the Steelers (in both cases minus what the book’s fee, or vigorish, is for accepting the bet).

Football and basketball often have both pointspreads and moneylines. You have the choice of betting either one or both. Betting on the moneylines to determine a winner are used prominently in hockey and baseball because usually these are low-scoring games where the winning team only wins by a run or goal – thus you won’t see pointspreads in those sports. But there are options in hockey and baseball to use either the puck line or run line. The Detroit Red Wings might be -1.5 goals against the Montreal Canadiens on the puck line – so Montreal starts the game from a betting perspective with a 1.5-goal lead. In baseball’s run line, the option is usually 1.5 runs to separate the teams.

Football Betting Line Explained

Finally, fractional odds also are used in some American sports. Golf and horse racing are two prime examples. These odds are the net total that will be paid out to the bettor, should they win, relative to what they bet. It’s again best to think in terms of $100 units. So if a horse is the 3/1 favorite to win the Kentucky Derby, for example, or a golfer 3/1 to win the Masters, from a moneyline conversion perspective that would be +300. Thus, you would win $300 for every $100 wagered on the horse/golfer. If the horse/golfer is the 1/2 favorite, that means it’s -200 on the moneyline. Thus, you would have to bet $200 to win $100.

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Most Recent Sports Betting 101

The MLB season has 162 games and is by far, the longest season of any major league sport. Baseball is a game of strategy that is won by precise detail and planning, it’s also a very long game. Many baseball games go for more than four hours and the score can turn on a dime. One minute the score could be 2-1 and that could continue for two hours or several innings. The next minute a pitcher can walk two or three batters and then bam, a home run and all of a sudden the score is 5-2. Not only does this drive bettors crazy, it drives the offshore sportsbooks nuts! Then, the very next inning, along comes two or three walks from the losing team and the same scenario. The bottom line is this, baseball is a game of ups a downs and it can be difficult to bet on. The oddsmakers have a reasonably good handle on the sport and gambling can be just that, a wild gamble.

Most serious gamblers swear by baseball and wouldn’t depend on any other sport for a source of income. There is one reason for this; handicapping. In order to win baseball, you must handicap and you must be good at it. There is however an underdog factor. The underdogs win 42% of the time! What a handicapper must do is figure out what teams are in a great position to win a game on any given day. Again, this is what handicappers do.

You might be a novice baseball bettor and possibly you don’t understand all of the ways to bet this game. We want to explain one of the more lucrative ways to bet and hopefully you can use the information to make the best betting choices available to you. The next time you dial up the online betting service, you will be prepared.

Run Lines:

Mlb Betting Line

Run lines may not be the most popular way to bet baseball but they should be. If you have done your homework and are prepared, you can make a small fortune betting this way.

Baseball betting lines

What is a run line?

A run line is exactly that, runs in a game. The oddsmakers set a line that says one team will outscore another by -1.5 and the opponent can lose the game by +1.5. The + number always indicates the underdog and the minus number indicates the favorites. The oddsmakers set the line based on their research of the two teams. This involves pitching, batting, fielding and many more factors. The bookies have done their job, and their research. You must do yours!

The money on a run line -1.5 is usually a + number, the money on a run line + 1.5 is usually a – number. Because the bookies are giving you what they feel is an edge, they charge accordingly.

Example:

Red Sox vs. Marlins
Red Sox -1.5 +200
Marlins + 1.5 -240

Mlb Betting Lines Explained

As you can see, the Marlins are the underdog and it is costing you a lot of Juice (commission that bookies make). The reason the underdog is costing you money is simply because the sportsbook is giving you 1 run. You can lose by one run and still win the game. If you had bet on the Red Sox, it would cost you nothing in juice and a $100 bet would return $200. The Red Sox must win the game by two or more runs, anything less will result in a loss.

Have fun with run lines and most importantly do your homework. There is a lot of money to be made betting this grand game. Call 1 Vice Sportsbook and get in today.