Baseball Betting Guide 101 – How to Bet on MLB
Baseball is one of the most popular sports in the world, and it’s no surprise that it’s also popular for betting. However, if you’re new to baseball betting, it can be quite overwhelming to know where to start. This Baseball Betting Guide 101 will help you understand the basics of betting on MLB, including understanding odds, types of bets, live in-game betting, props and futures, mobile and online betting, choosing a legit sportsbook, how to handicap, and choosing a professional baseball handicapping service. By the end of this guide, you’ll be ready to start winning big with MLB betting.
Understanding MLB Odds
Understanding MLB odds is essential for any baseball bettor. The three most common types of MLB odds are moneylines, totals and run-lines. Moneyline odds are straightforward and indicate how much you have to bet to win $100 or how much you’ll win if you bet $100. Totals are bets placed on the total number of runs scored in a game, while run-lines are bets placed on the spread of the game(typically -1.5 for favorites and +1.5 for underdogs).
Moneyline example: Yankees -135 @ Red Sox +115
If you were to bet the Yankees, you would have to bet $135 to win back $100. A $100 wager on the Red Sox would win $115. Your original bet is added to your winnings so you would get back $235 if the Yankees won or $215 if the Red Sox won.
Types of Baseball Bets
There are several types of baseball bets, including moneylines, totals, 5 inning bets, and parlays. Moneyline bets are the most popular and are simply bets on which team will win the game. Totals bets are bets on the total number of runs scored in a game. 5 inning bets are bets placed on the result after the first 5 innings of a game, while parlays are multiple bets combined into one.
Live In-Game Baseball Betting
Live in-game betting is a popular way to bet on baseball as it allows you to place bets while the game is in progress. You can place bets on the outcome of the game, the total number of runs, the run line, and more. Live in-game betting is a great way to increase your chances of winning as you can better assess the game’s situation and adjust your bets accordingly.
Props and Futures
Proposition bets, or “props,” are bets on individual players or events that may occur during a game. Futures bets are bets placed on the outcome of a future event, such as betting on a team to win the World Series before the season has even started. Prop and futures bets offer a lot of variety and can be a lot of fun for bettors.
Mobile and Online Baseball Betting
Mobile and online betting have revolutionized the way people bet on baseball. You can place bets on your phone or computer from anywhere, at any time. Mobile and online sportsbooks also offer a wide range of betting options and can be more convenient than traditional brick and mortar sportsbooks.
Choosing a Legit Sportsbook
Choosing a legit sportsbook is crucial for any bettor. You want to make sure that you’re betting with a trustworthy and reputable sportsbook that will pay out your winnings promptly. Look for sportsbooks that are licensed and regulated, have positive reviews, and offer competitive odds and a wide range of betting options. The most popular licensed and regulated online sportsbook for USA citizens is Bovada Sportsbook.
How to Handicap
Handicapping is the process of analyzing a game and determining the best bet based on various factors such as team performance, pitching matchups, and injuries. To handicap effectively, you need to have a good understanding of baseball and its nuances. You also need to keep up with the latest news and updates related to the teams you’re betting on.
Choosing a Professional Baseball Handicapping Service
If handicapping is not your strong suit, you can always look to professional handicappers to help you make the best bets. Look for handicapping services that have a proven track record of success, offer affordable packages upfront with no commission, and have been around for awhile and aren’t just some popup site or social media account that can vanish overnight. At NSAwins.com, we check all those boxes and offer affordable expert MLB picks from World Champion Handicapper Sonny LaFouchi(aka The LEGEND) throughout the season. We have been posting and selling The LEGEND’s picks in all sports daily since 2001!
In conclusion, betting on baseball can be a lot of fun and can also be a profitable venture if done correctly. By following this Baseball Betting Guide 101, you’ll have a better understanding of the basics of MLB betting, allowing you to make informed bets and increase your chances of winning big. Remember to always bet responsibly and within your means. Good luck!
More Helpful Sports Betting Guides from NSAwins.com for you to read:
- Sports Betting Guide 101 – How to Bet on Sports
- College Football Betting Guide 101 – How to Bet on College Football
- NFL Betting Guide 101 – How to Bet on NFL Football
