There is a reason why even though playing and watching baseball is the favorite past time of people in the US, it’s still trailing behind NBA and NFL when it comes to sports gambling. Many people simply do not bet on Major League Baseball (MLB) games because they are not able to understand how the betting works. What they don’t know too is that MLB betting can be quite simple and this is the best sport to bet too because there are too many games in a season that you can bet on. Today let’s take it back from the start by explaining the different types of bets you can place in MLB.
These are the simplest form dnabet of bets and you simply have to concern yourself with who is going to win and who is going to lose. You do not have to worry about any complications like spreads and so on. To understand the odds that are being quoted, just remember that the number that you read after the favorite will generally have a – sign while the number you read after the underdog will have a + sign. If the Boston Red Sox are playing the St Louis Cardinals, the odds will look something like this: Boston Red Sox -130, St Louis Cardinals +120. This means that the Red Sox are the favorites and you will need to bet $130 on them to win in order to get a payout of $100. Conversely, a bet of $100 on the Cardinals to win will give you a payout of $120. If you win the bet on the Cardinals, you will receive $120 plus your original bet amount of $100.
This is the baseball equivalent of the football or basketball point spread and simply represents the difference in score between the two teams. Because baseball does not result in a large number of points unlike the other games, you will tend to find that most MLB lines or spreads of 1.5 runs.