Baseball is a favorite American pastime for many people. It is also perhaps one of the easiest major sports to turn a profit on with betting. However not many people know this so it is actually one of the least wagered on sports there is. This is because most people donít know how to go about betting on baseball games. It is actually quite easy to learn.
The Money Line and the Run Line
If you are interested in betting on baseball one of the first things you need to understand is the money line and how it works. A money line is with all traditional sports. It determines how much money is laid and how much money is won when you wager on either the underdog or favorite. The run line is a combination or the money line and the point spread together. Once you start betting and have a chance to use them the money line and run line wonít seem so confusing.
A totals bet is not based off of which team wins or which team loses it is an over/under bet. When you place a totals bet you bet on the final run score of each team combined and if you think that the total will be larger or smaller than the posted number. The baseball game must complete all 9 innings for it to be considered action when placing totals bets.
There are a couple other different types of bets you can choose from when betting on baseball. A parlay bet is when you choose a number of teams and combine them to place a single bet. When placing a parlay bet you are betting that all of the teams that you chose will win in their games. The usually offer higher odds than other bets because they are more difficult. Another type of bet you can place is a future bet. A future bet is when you bet on a specific outcome that will happen at the end of the season. As an example you could choose which team you think will win the World Series, the pennant, or the division. Things like who you think will hit the most home runs for the season are another thing that you can bet on with future bets. Future bets have great payouts so you can make a good profit even on a rather small bet.
Betting on baseball may seem like a lot to take in at first. It can all seem a little confusing when you first start out but once you get everything set up and get a little practice it will all become easier. A lot of people donít bother to bet on baseball because it is not one of the common sports you here people betting on. It is however one of the most beneficial and easiest major sports to bet on. If you are looking to make a profit from betting then baseball is the sport for you.