mlb Betting FAQs
How do you handicap a baseball game?
In what may come as a surprise to many, sportsbooks do not like to gamble! Using advanced statistics and some serious big data and algorithms, sportsbooks assign odds to games in such a way as to ensure that they win every time. How do they do this? Well, the bookie sets the odds for a game in order to make sure that bettors evenly distribute their wagers across both sides of the bet. That way, the bookie can use the losing side’s money to pay the winning side, all while also charging bettors a fee for agreeing to take on a gambler’s wager. However, there is a flaw in their system and Sidelines is here to exploit it for the benefit of the bettor. Sportsbooks don’t all offer the same odds for the same bet! Meaning, by way of odds comparison, a savvy bettor can find better odds for the exact same bet and possibly win more money without wagering more.
How do you bet on Major League Baseball?
Despite not having a quarters or even halves system such as football and basketball, respectively, baseball does indeed lend itself well to traditional and mainstream betting methods. So before you give up on MLB betting, know that there isn’t a lot to learn. Those wishing to simply put money down on the game winner can still utilize moneyline bets. Just as in any other competitive team sport, there is usually an underdog and a favorite. Similarly, if you’re interested in wagering on the score of a game, you can still place a totals bet (over/under). However, that is not to say that baseball does not have some of its own unique betting options!
How do you bet over/under in baseball?
Similar to football or basketball betting, bettors can wager on the over/under in MLB betting because the principle is the same. Meaning, bettors are wagering on the number of runs scored by both teams. When betting on the over/under in MLB betting, the sportsbook will set a “line,” which is essentially the number of runs the sportsbook believes will be scored in total on the game. Bettors can then wager on whether or not the score will be over that amount, or under (hence the name). You will notice there is usually a .5 attached to the line, which will make you wonder how .5 is possible in baseball. Well, it isn’t. Take for example 8.5. The .5 is there to avoid any ties; meaning, you are betting either 8 or higher for the over bet, or alternatively, 8 or under for the under.
What is runline betting?
Runline betting works similarly to the standard spread betting seen in other leagues. Before the start of the game, one team is given a 1.5 run advantage over the other. The team receiving the 1.5 run advantage is the underdog squad, while the opposite team is the favorite. The reason the advantage is only 1.5 runs is because baseball is, generally speaking, a rather low scoring affair. In order for the favorite team to cover the runline, they need to win by two or more runs. Similarly, in order for the underdog to cover, they must beat the favorite outright or not lose by more than one run.
What is “first five” betting?
First five betting (also called 5-inning lines or written as “f5”) is a type of betting unique to the MLB. Essentially, first five betting means just betting on the results of the first five innings of a game. As is the case with full game betting, bettors can wager on the moneyline, total, and runline, only the runline is .5 as opposed to the standard 1.5.