With the 2019 Major League Baseball season right around the corner,
there will be plenty of fans looking to get in on the sports betting
action. There are plenty of different ways to bet on baseball so I took
the time to break down the different types of wagers in order to help
get you ready. Here is a look at some of the most popular ways to bet on
baseball.
The Moneyline
The simplest and most popular way
to bet on baseball is to simply choose a winner on the moneyline. For
example, if the New York Mets were playing the Los Angeles Dodgers, a
line would be set for both teams depending on a range of factors
including pitching, hitting, home field advantage and the number of
money that has already been wagered on both sides. In this example, let
us pretend the Mets are the home team and favorite at -150 odds on the
moneyline, while the Dodgers are the underdog at +140. If you wanted to
bet the Mets on the moneyline, you would have to risk $140 to win $100,
$280 to win $200 and so on. If you wanted to bet the Dodgers, you would
only have to risk $100 to win $140, $200 to win $280 and so on.
5-Inning Lines
The
5-inning lines use the same concept as the moneyline only they use the
score of the game after five innings to determine the outcome of the
wager. For example, if the Mets and Dodgers were playing then a 5-inning
wager would simply require picking one or the other to win, with the
outcome after five innings representing the final sore for that wager.
Therefore, if Dodgers led 3-2 after five innings than anybody that took
them on a 5-inning wager would have a winning bet. The 5-inning wager
puts more importance on the starting pitcher matchup, which factors more
heavily in to the betting odds for that bet.
Totals
This
is the second most popular baseball bet, which is also known as the
over/under wager. When betting baseball totals, you are essentially
wagering whether or not the total combined score of the game will be
above or below the line that has been set by the sports books. If the
Mets and Dodgers were playing, the totals might be set at Mets/Dodgers
Over-9.5 (-110), Under 9.5 (-110). Therefore, anybody that wants to bet
on the totals will have to decide whether or not they think the final
score will be more or less than nine combined runs with 10 or more
scoring for the Over and nine or fewer scoring for the Under. The juice
for the totals is often set at -110 but good be manipulated by the sport
sbooks depending on the wagers they take or which result they think is
more likely.
Run Lines
The run lines are a lot like the
spreads you see when betting on the NFL and NBA. In essence, the run
line is an alternative to the money line in which you can bet a team to
win by more than one run or less by less than two runs. If we were to
use the example listed above, we could make the Mets -1.5 run (+200) on
the run line and the Dodgers +1.5 (-220). Under these circumstances, the
Mets would become the underdog rather than the favorite since they
would have to win the game by at least two runs in order to cover the
run line. The Dodgers would only have to lose by one run or less to
cover at +1.5, so the price to bet them on the run line would be a lot
different than if you were betting on them to win the game straight up.