Baseball is one of the top sports to bet on. Every sports betting software provider will offer betting lines to their bookies. Likewise, sports bettors like to bet on baseball. Specifically the MLB, because its one of the most profitable sports leagues you can bet on. Betting on baseball is pretty easy, but we have an easy to read guide on how to bet on baseball that will help you understand it better.
The three basic bet types for baseball are the most common ones: The Run Line, Money Line, and Totals. Let’s do a quick recap of these wagers. The Moneyline, of course, is the bet you make when you pick who you think will win the game. The Run Line, is basically the point spread. This is where a margin is set to make the game equal. So, you bet if a team will win or lose by a set number of runs. Next, you have the totals, which is betting on going over or under the total number of runs scored in a specific game.
How to Bet on Baseball
There are two main factors to check out before placing your bet, especially for the moneyline. You need to look at the Defense, which is mostly about the starting pitcher. They you have the offense, which are about the hitters. The starting pitcher in any game can set the pace and score of the game. The stats you need to check for the pitcher are the ERA, WARP, IP and WHIP. Of course, taking a peek at the bullpen will also matter.
As for the hitters, or the batters, look for the PA, wOBA, OBP and ISO of each player, and see how they match up to the pitchers. A lot of experts will also suggest checking out the venue, weather, and other variables that can affect the dynamics of the game. Other betting options are also available through the help of a pay per head sportsbook software.
Odds and Probability
Most bettors use a run line strategy to see if there is value in a certain wager. Its common to convert the odds into probability or percentages. The formula is pretty simple: Divide the risk over the return, and multiply by 100. For example, if you have (105/205) x100, you get a 51% implied probability of an outcome.
So by looking for value of odds, by looking at the bullpen, and by checking the weather app for weather, temperature, and humidity, you will have an idea on how and which team to bet on. And if you are looking for where to bet, there are some sports betting reviews to help guide you through.
