Baseball Betting Odds Explained

Baseball Betting Odds Explained Average ratng: 3,6/5 6157 votes

World Series Odds Explained. World Series Betting odds for Major League Baseball are up and formed almost year-round. From the moment the World Series from the previous season is completed, oddsmakers from World Series Futures for the next season. They are up during the offseason, and through the regular season on into the playoffs. The starting pitcher of the day is a huge factor in a baseball bet, so sportsbooks offer betting options in the event that a starting pitcher changes before game time. You can make a bet on one team against another, regardless of the starting pitcher. Odds can be adjusted by the book if the starting pitcher changes before the game starts. If you have ever bet on sports, you have likely come across numbers that look something like this:-400 +450-300-250-1000 +200-100-150 +225 What you are seeing in these numbers is something called 'American odds'. There are three different ways to express odds when it comes to sports betting - American odds, fractional odds and decimal odds.

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 sign (i.e. Philadelphia -115) is usually the favorite. In the example above the team with the larger negative amount is the favourite. In this case it is Philadelphia ML (Moneyline) -115 odds. This means that you have to pay $115 to win $100. The Moneyline is a payout ratio you can bet more or less and the payout will be adjusted to the payout odds.
Rot # Team Run Line Moneyline Total Team Total
953 Atlanta BravesJair Jurrjens - R +1½ -220 -105 8½ O -120 4 O -125 4 U -105
954 Philadelphia PhilliesJamie Moyer - L -1½ +180 - 115 8½ U Even 4 O-1304 U Even

Baseball Runline Explained

Run Line (RL) The Run Line in baseball is equivalent to the point spread in football and is always set at -1.5 or +1.5. You win the wager by covering the spread - or + the spread. Some online baseball sports books will carry alternative Run Lines where the spread is -2.5, +2.5 or larger. In the example above the Philadelphia Phillies Run Line (RL) is - 11/2 +140 meaning that the Phillies need to win by two or more runs for you to win your wager. The +140 is the payout odds if you win meaning that for every $100 bet on the Phillies Runline payouts $140.

Baseball Totals Explained

Total The Total betting line is also referred to the Over/Under Total and in this example it is 8½ O -120. For you to win your wager the Total runs from both teams would have to be 9 runs or more. The payout odds of -120 odds means that for every $120 bet pays out $100.

Baseball Team Totals Explained

Team Total Team Totals you are just betting on the individual team and how many runs they are going to score. In the example above the Atlanta Braves have a Team Total of 4 Over -125. So if you bet on the Team Total Over for every $125 bet would payout $100. The Phillies Team Total Under is 4 U Even. Even odds are equivalent to +100 odds meaning that for every $100 bet will payout $100.

Baseball Parlays Explained

Baseball Parlays A baseball parlay combines two or more bets into a bigger payoff. All of the legs of the wagers must win for you to win your wager. Baseball Parlays are especially popular with bettors looking for big payday with little down. MLB has so many games each day that Baseball parlays can payout big odds.

Baseball Future Odds Explained

Baseball Future Odds Baseball and MLB Future odds are odds on a future event and not a specific game. For example, MLB Future odds are usually posted an updated once a week on who will win the World Series.

Baseball Proposition (Or Prop) Bets Explained

Baseball Proposition Bets MLB Prop bets are bets not related to the final score of the game. Baseball Prop bets are usually related to MLB players stats for the game. For example, Which player will have the most runs, RBI and home runs in the Braves Vs Phillies game?Chipper Jones (ATL) -110Ryan Howard (PHI) -110 Prop bets are very popular with baseball fans as they can usually bet on the most popular players. MLB Prop bets can also be very profitable if you can handicap streaky MLB players.

Baseball Betting Explained - Questions

Explained

What Is a Run Line in Baseball Betting?

The Run Line in baseball is the same as the point in football. It usually is set as -1.5 or +1.5. You can win a bet by covering the spread either by – or +. White 1,5 is a usual case, the set number may also differ depending on a specific sportsbook. In some case, certain platforms may also carry alternative Run Lines at a spread -2.5, +2.5 or even larger.

How Does the Betting Line Work?

Betting line is a type of betting where a bookmaker sets a certain margin or a line for a team. This hence makes the game equal and this type of betting is available only when there are two teams playing against each other.

What Does Moneyline Mean in Baseball Betting?

Moneyline is when you bet on a baseball team which you think is going to win Straight Up with no point spread. And hence whichever team wins the game, it wins the bet. The set favourite team to win is given with a negative (-) sign.

What Do the Odds Mean for Baseball?

Betting odds in baseball show the predicted probability of a game’s outcome. The odds are there for you to figure out how much you will win in case you make any specific bet.

What Is Over Under in Baseball?

An over–under bet in baseball is a wager that is predicted by a sportsbook which predicts a number for a statistic in the game. It is usually the combined score of the two teams. And so the bettors place wagers on the actual number in the game. This can be either higher or lower than the predicted number.

How Do Plus and Minus Odds Work?

A 'minus' (-) odd indicates the team which is the favourite for a win in the game. A 'plus' (+) is hence the number that indicates the team which is an underdog of the game.

How Does the Money Line Work in Baseball?

A money line in baseball takes the place of a point spread. Money line betting is the type of wagering when it is made on the contest based on a certain price instead of point spread. So the team you will be betting on has to win the game outright. And the actual score of the game here is not important as long as it is a win. Ufc

What Does +400 Mean in a Bet?

+400 in a bet mean that your bet will pay you 4 to 1 in case of a win. In case of -400 on a team means you will need to lay 4 to 1.

How Does a Money Line Work?

The simple way of betting in a sportsbook is money line. This allows you bet on a specific team who you think is going to win the game. Typically in case of this betting type bettors wager for a team with a positive sign.

What Is Money Line and Run Line?

The simple way of betting in a sportsbook is money line. This allows you bet on a specific team who you think is going to win the game. In case of Run line, it is the amount of runs that one of the teams wins the game. Most of the baseball games have run line worth 1,5 and hence the favourite team is 1,5 and the underdog is -1,5.

What Does +1.5 Mean in Baseball?

+1,5 in baseball means that the specific team can lose or win the game by 1 run. In case of -1,5, the team has to win the game by 2 runs.

What Is the Moneyline in Baseball?

The simple way of betting in a sportsbook on baseball is money line. This allows you bet on a specific team who you think is going to win the game.

What Does Money Line Mean?

The simple way of betting in a sportsbook is money line. This allows you bet on a specific team who you think is going to win the game.

What Is a Reverse Run Line?

Baseball Betting Odds Explained Against

A reverse or alternative run line is when you bet on the underdog to win or lose the game by more than 1 run.

What Is Alternate Run Line?

Alternate run line is a game with a spread of 1.5 runs just like run line. Meanwhile there is an important difference- in alternate run line the underdog faces a spread of -1.5 while in run line they face +1,5.

What Is a Negative Money Line?

Negative money line shows the amount that you need to bet in order to win $100. So for example if the money line is -300, this means you will need to bet $300 and your team needs to win.

What Is a Money Line Parlay?

Parlay is a single bet which will combine 2 or even more bets in one with the aim to have higher payouts. So if you have 2 team parlay you may have a pay worth 13/5 and the more teams you have the payouts hence increase.

Can You Lose Money on a Winning Bet?

In a wining bet you still make a profit as your initial bet is returned. Meanwhile you still need to risk the amount that is higher than what you bet for.

What Does Over 1.5 Goals Mean?

In the case when you bet on the fact that there will be more than 1,5 goals scored in a certain game, this means that at least 2 goals need to be scored for you to have a win. In case you bet under 1,5, then you will need no more than 1 goal to be scored.

What Does Under 2.75 Goals Mean?

In case of under 2,75 goals, you will have half of your entire stake on 2,5 goals and the other half on 3. So if the game scores in total of 3 goals you will win half of your bet and in case of 4 goals you will win all your bet. In case of 2 or less goals you will lose the bet.

What Does Cover the Spread Mean?

Cover the spread means that a favorite team wins with the set handicap. And the same if the underdog of the game wins with additional points.

How Does the Line Work in Baseball?

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Usually line in baseball is 1,5. In case you bet 1,5 run line you will need your team to win with at least 2 goals. And hence you will need the underdog to lose by 1 run.

What Does Beating the Spread Mean?

Beating the spread is when you wager on the actual margin of the win of a team.

What Is a Parlay Bet?

Parlay bet is when you wager on more than 2 teams to win and hence you have combined higher payouts as a result. Betting Odds Source: Bovada Sportsbook , GTbets Sportsbook . Looking for where to Bet On Baseball Betting Bovada Sportsbook . BetOnline Sportsbook , Top Bet Sportsbook For help with depositing at US Sportsbooks for MLB check our tips at Visa gift card to bet . Looking for a Baseball Sportsbook - Best Baseball Sportsbook .

“Wait, why does this NFL team have a -235 next to its name? What’s with New England Patriots (-15) vs. Miami Dolphins (+15)? Help! HEEEELPPPP!”

If that sounds like you, we’re here to assist you. If you’ve stared at a board at a sportsbook or just seen spreads and moneylines on the Internet and been utterly confused, don’t worry. It’s not just you. Those numbers can be confounding.

But hopefully, once you’re done reading this, you’ll completely understand how they work. As you prepare to dive into the world of sports betting, here’s a breakdown of how the lines work, starting with …

Spreads

It would be really easy to bet on a game if you could put money on a heavy favorite to win.

That’s where point spreads come in. Let’s look at an example:

Philadelphia Eagles (-4.5)

New York Giants (+4.5)

In this case, you can bet on either two outcomes: you can put money on the Eagles to win the game by 4.5 points OR MORE, which makes them the favorites. Or you can bet that the Giants will either win or lose by LESS THAN 4.5 points. They’re the underdogs.

Now, sometimes the spread “moves” during the days leading up to the game. Perhaps the Eagles’ spread ends up being -3.5 (in which they must win by 3.5 points or more to give you a victory in your bet). Your bet all depends on whichever spread you bet on, whether it was when the Eagles were favored by 4.5 or 3.5 points.

If you ever see “PK” or “pick” next to a team, it means there’s no spread and you can bet on who will win, no matter what the score is.

Moneylines

Let’s take that same example above but use moneylines:

Philadelphia Eagles (-200)

Baseball Odds 112 What Does 112 Mean

New York Giants (+150)

The team with a minus symbol is the favorite, and the number is how much money you would need to bet to win $100. In this case, you would have to bet $200 on the Eagles in order to win an additional $100.

The Giants are the underdogs. If they’re +150, that means you could bet $100 to win $150.

Note that you can bet any amount you want, but those numbers are always calculated and posted the same way, either in how much money you would need to wager to win $100 or how much money you could win by wagering $100.

Odds

Baseball Betting Odds Explained Predictions

If you’re betting on something like the team who will win the Super Bowl in the future, you might see it look like this:

New England Patriots — 3/1

Baltimore Ravens — 5/1

Kansas City Chiefs — 8/1

Baseball Betting Odds Explained Football

If you were betting on the Patriots and their 3/1 odds, you would win $3 for every $1 you spend. So if you bet $50 on the Pats and they ended up winning the Super Bowl, you’d win $150 (plus your original wager) back.

Good luck!