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Baseball Bet Article

Betting on Baseball is different than betting on Football. Since many games are decided by no more than a run it is not a good idea to have a spread bet. Instead, use a money line for betting baseball. The money line is also used for other sporting events as well. The money line determines the amount of money laid and the amount of money won when wagering on either they are the favourite or not. The highest negative money line determines the favourite team, and the lowest negative money line determines the underdog.

The money line is listed based on a £100 baseball bet. The money line may look confusing to the novice player betting on baseball for the fist time it is really easy to figure out.

Example of The Money Line
Let’s say that the Twins are playing the Yankees and the Twins are the favorite. The money line may be listed as: Twins -140 Yankees +120. In this example, if you wanted to baseball bet on the Twins who are the favorites you would be putting up £140 and if you win you would collect £240 giving you £100 profit. In other words, you risk £140 to make £100.

If you wanted to take the underdog Yankees you would wage £100 and collect £220 if you won. This means that you risk £100 to make £120.

The Vig
The casinos/Sportsbooks make their money on sports bets by collecting a commission on every bet made. This is called the Vigorish or Vig for short. The Vig is the difference between what is wagered and what is won. In baseball bet the Sportsbook make their money when the favorite team loses. In the example above, if the Twins lost the sportsbook would make £20. The are collecting £140 for the losing bet but only paying out £120 for the winning bet. The sportsbook will adjust the line if one team is heavily favored to make it more enticing to bet the under dog.

Pitching Matters
In baseball the pitchers are the key to the game. The money line in baseball is made based on the starting pitchers for the games. In the event of a pitching change before the game and an unscheduled pitcher starts, the money line may be adjusted. You can baseball bet a game several ways depending on the pitching. In the Yankee Yankees game listed in the above example lets say that the money line was made based on Randy Bentwick pitching for the Twins and Tim Witherspoon pitching for the Yankees.

You can bet the game as “action” which means that the bet is live no matter if the pitchers are changed before the game or not. If there is an unscheduled pitching change the payout may be different than the odds posted for the starting money line but the baseball bet is still active.

You can bet a baseball game based on both of the starting pitchers listed when you make your bet. In the event that one of the pitchers either Bentwick or Witherspoon does not start the game your bet will be voided and your original wager will be returned.

You can also bet a baseball game based on a pitcher for one team. If for example you wanted to bet on the Twins with Bentwick pitching and you did not care who the Yankees were starting than your bet would be active as long as Bentwick started for the Twins.

Ask Questions
In the United States sports baseball betting is only legal in the state of Nevada but more wagering is done on sporting events than any other form of gambling. Make sure you understand the baseball bets you are making and baseball bet responsibly.

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U-Win would like to thank Deane Martin for this great article

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