Baseball Betting

Baseball is known as America’s pastime and is amongst the most popular sports in the United States. It has a long history of tradition in America, as Major League Baseball was established way back in 1903. Since then, baseball has made its way around the world, with very loyal followings across Asia as well as Latin America.

Major League Baseball is a sports bettor’s delight, with every team scheduled to play 162 games for the regular season alone. This means that all throughout the season, there are always plenty of games for bettors on any given day.

Baseball Betting
Baseball bettingBetting on baseball: the how-toThe odds of betting on baseballWhat to know before you get startedFirst five Innings betting
Baseball betting

Baseball betting

One of the most popular sports in the US, baseball is best-known as America’s pastime. Founded in 1903, Major League Baseball has produced some of the country’s most legendary figures, including but not limited to Babe Ruth, Jackie Robinson, and Lou Gehrig.

With the rise of its popularity in the US, it has since become a worldwide phenomenal, with countries on every continent establishing a baseball league. Between the camaraderie, heart-pumping plays, and the hotdogs, it’s hard not to become a fan of the sport.

Because of MLB’s popularity, it’s no wonder that it has become a hotspot for sports bettors everywhere. There are endless opportunities for bettors with each team scheduled for 162 games in a regular season, and then even more during spring season. On any given day during the peak season, bettors can partake in many games.

Baseball betting
Betting on baseball: the how-to

Betting on baseball: the how-to

Baseball is unique in that there are countless possibilities to place bets on each game. Because games are comprised of nine innings, new betting opportunities are made available in each inning. The most common way for players to place bets is on the moneyline. Players can also bet on the runline if they want to go for a higher payout.

Moneyline vs. Runline

Moneyline is a term commonly used for when players bet on the which team will win. Runline is similar to a point spread in which bets are placed at -1.5 increments. This means that to win big, the team that wins must do so by finishing the game by more than one run against their opponent. Another bet can on a +1.5 increment, which means that the losing team must finish within on run before the game is over. Alternatively, they can win the game.

A big-time bettor would need to wager $150 to earn a $100 profit on the winning favorite. Underdogs typically have a “+” in front of their moneyline odds. For example, it may be +130, which means that a player would need to bet $100 to make a $130 profit.

For bettors who prefer to keep their money low, you don't need to risk $100 to make a profit. If you're just getting into baseball betting, consider dropping the zeroes at the ends of the numbers. For example, bet $15 to make a $10 profit.

Other bets

If it’s hard to get a view on exactly how the game will end up, you can even try betting on the total number of scored runs. This wager of total runs can fluctuate for the designating total number set for the game.

You can bet on several aspects of the baseball game, including the first five-inning runline, specific inning runs, and the winning team of a set inning. Just when you think baseball can’t get more complicated, somehow the betting one-ups it!

Lately, there has been an increased popularity of player props. Available at almost all online sportsbooks, you bet on the number of strikeouts a pitcher will have or how many home runs will be had.

  • Prop Wagers: Prop wagers are the way to go if a bettor is unsure of the winner of a game but has a good feeling about a specific player. These wagers may include how many strikeouts a specific pitcher will have and how many RBIs a particular player will have.

  • Totals: Baseball totals are bets based on the number of runs scored. For example, a player can bet on whether the total runs will exceed or fall under a number set by oddsmakers. If the over/under for New York and Boston is 7, you'll need a minimum of 8 runs scored to win the over and a max of 6 runs scored to win the under. However, say the final score is 3-4 for a title of 7 runs, and you bet over, you'd win. Baseball totals are often set at a number like 7.5, meaning that the total runs would need to be 7 or less to win the under, or 8 or more to win the over. This break helps evade problems where the final runs come out to the total, which is called a "push." In this scenario, it is neither an over or an under, so the bet is refunded.

  • Futures: Do you think that Cleveland will win the World Series? Place a bet on it! These are called futures because you place them so far in advance. If the odds are +750, you bet $100, and Cleveland wins, you'll bring home $750. The earlier you bet, the more money you have the chance of making in the end. Futures are offered early on and adjust accordingly as time advances.

Betting on baseball: the how-to
The odds of betting on baseball

The odds of betting on baseball

It probably doesn't come as a surprise that every baseball game comes with different odds stemming from unique circumstances. Most notably, the starting pitchers can make or break how a game will unravel.

The differences will significantly impact the odds to ensure that one team has a fair play like the other. Starting lineups are equally crucial for determining the undertone of both teams' offensive and defensive movies, affecting players' bets.

Another notable element of baseball games is that each game is held at a different park, and each ballpark dimension plays a significant role in how total runs are calculated. On top of that, if the park is outdoors, weather plays a massive factor when it comes to playability success. It's important to take note of all the changes between games when it comes to betting to keep your odds high and your winnings even higher.

The odds of betting on baseball
What to know before you get started

What to know before you get started

When it comes to betting, you need to be more than just familiar with the game. To win big, you need to know the ins and outs, who’s playing, who’s doing well, who’s doing poorly, and more. You need to know the history of each team and player that you’re betting on or against to make sure you’re securing your bag. While everyone loves an underdog story, betting on less-experienced players could only hurt your wallet in the long run.

In the same breath, while it’s really great to support and follow your favorite team, betting only on that team and its players could hurt you too. Sure, the Yankees can have an incredible past season, but if they traded their best players for rookies, you can’t be looking at their new worst season. So as much as you may want to bet that they’ll win the World Series because they’ve been incredible in the past, do your research on the players first.

Another great to even just get started would be to bet on the teams that aren’t often favorited. This can keep the stakes low - or high, depending on what kind of player you are - but it also gives you more chances to learn the ropes and see how betting really works in baseball from a firsthand experience.

A tip that has worked well for many players in the past is to bet against the public. The fact is, more often than not, the public loses because they bet on their gut, not the numbers. When you bet against the public, you’re the one playing with the odds and doing the research as to who will win and in what way. Not to mention, but the public often bets in sentimental ways, including their favorites, home team, and star players. They also fall victim to betting based on track record. So, if the team won last time, they’re going to bet that they’ll win again. Taking advantage of these artificially inflated numbers will help you win.

It's also crucial that you know the umpires, their past calls, and their current tendencies. How can you know this? All umpire betting data since 2005 is posted on Bet Labs. Umpires are aware of everything that happens on the field, so they can feel the energy of the crowd and can be swayed accordingly, ultimately benefiting the home team.

Shop betting lines

It’s important to bet on a platform that works for you, not just because all your friends are using it. Betting is an incredibly individual action that should be done according to what’s best for your betting style. At the end of the day, it’s your money, and you want it back - and then some.

What to know before you get started
First five Innings betting

First five Innings betting

It can take teams time to find their groove during the regular season. Young players can join in, new managers learn their team, and vets can have slow starts. All of these factors can affect the final score and how you bet. So how do you manage this? With a tool called first five innings betting.

Also known as F5 bets, this betting style is similar to the moneyline bet, but the main difference is that you're only betting on the first five innings, not the whole game. You'll only need to handicap starting pitchers and look into how they perform for five innings to make this wager. There's less risk with F5 bets since you don't have to consider the entire pitching staff, just the starter.

Good luck out there as you begin your baseball betting journey.

Here are some key takeaways:

  1. Know when to place a Moneyline or a Runline bet
  2. Think about Prop Wagers
  3. Consider Totals
  4. Are Futures calling your name?
  5. Check the weather
  6. Consider the size of the stadium
  7. Do you know the umpire’s stats?
  8. What’s the public betting?
  9. Do you want to start with an F5 bet?
  10. What can the different betting lines do for you?
First five Innings betting