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Baseball
Betting Online - Types of Wagers
Placing a
bet on baseball is a bit different than in other sports. While
the payoffs can be just as rewarding, it's important to understand
the different types of wagers available. Explore the links below
to gain a better understanding of what it takes to bet and win
in a typical online sportsbook.
Moneyline
& Totals
Moneyline
Wagering is simply wagering on the contest based on a given price
rather than a pointspread. The team bet on just has to win the
game. On an over/under (totals) wager, the total runs of the game
by both teams combined, extra innings included, must fall over
or under the side selected.
Sample Baseball Betting Money Line
The posted line on a baseball game is the New York Yankees -155
at the Atlanta Braves +135 with the total being 8 1/2 Over -125
Under +105.
A
player could choose one of two moneyline wagers on this matchup:
Yankees -155 - If the Yankees win then the player laid $155.00
to win $100.00. Braves +135 - If the Braves win then the player
who bet $100.00 wins $135.00.
A player could choose one of two Over/Under wagers on this matchup:
Over 8 1/2 -125 - If the total runs of both teams combined are
more than 8 1/2, then the player laid $125.00 to win $100.00.
Under 8 1/2 +105 - If the total runs of both teams combined are
less than 8 1/2, then the player who bet $100.00 wins $105.00.
Moneylines
are typically offered on all MLB and College World Series games.
Side (moneyline)
wagers are usually accepted in the following manner:
•
Action - Team against team, regardless of the starting pitcher.
•
Listed Pitchers (both specified pitchers) - If the starting pitchers
are not exactly as listed when the "Listed" wager is placed, your
wager will be deemed "No Action".
In the event
there is a pitching change prior to the game, moneyline odds may
be adjusted. If one scheduled pitcher starts against an unscheduled
pitcher, "Action" wagers will be computed by the opening price
with the new pitcher.
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learn more, visit this top-rated internet sportsbook - click here
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Run
Lines
Run Line
Wagering is simply wagering on the contest based on a pointspread
and a moneyline combined. The team wagerd on must win by the pointspread.
Sample Baseball Betting Run
Line
The posted line on a baseball game is the New York Yankees -1
1/2 +130 at the Atlanta Braves +1 1/2 -150.
A player could choose one of two Run Line Wagers
on this matchup: Yankees -1 1/2 +130 - If the Yankees win by 2 runs
or more, then the player who bet $100.00 wins $130.00. Braves +1
1/2 -150 - If the Braves win the game, or lose by only one run,
then the player laid $150.00 to win $100.00.
Run Lines
will be offered on all MLB games.
Run Lines
wagers are "Listed", and will be deemed "No Action" in the event
of a pitching change.
Run Line Wagers
may be parlayed to other contests, but a Run Line Wager may not
be parlayed to any other wager from the same game.
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more information, explore the web's #1 online sportsbook for free
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Overnight
Dime Lines
Overnight
dime lines are betting lines for the following day's matchups,
and are typicaly posted within one hour of the start of the final
game of the day. There may be a maximum wager limit on overnight
dime lines, which will usually be lifted the following morning.
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Parlays
Parlays, also
known as Multiples or Combos, are a very exciting way for the
baseball betting enthusiast to win very large amounts of money
with limited risk.
Simply put, a parlay is a bet of 2 or more teams (selections)
or propositions in no particular order. All teams wagered on in
a parlay must win. If there is a tie, it reverts down to the next
lowest number for payoff. For 2 team parlays, a tie and win becomes
a straight bet payout.
At the best online sportsbooks, you may include up to 12 Selections
in your parlays, all sports included. This means that you can
make one parlay card with a combination of all your favorite sports!
Parlay bets will not typically be accepted where individual "selections"
are connected. For example, one leg of a parlay is for Sampras
to beat Henman in the 4th round of Wimbledon and the second or
additional part of the parlay is for Sampras to win the overall
Wimbledon title. The match forms part of the overall tournament
and is therefore 'connected'. In the same way, you cannot parlay
the over of the first half of a football game with the over of
the total game, because the two are 'connected'
Baseball (moneyline) Parlay Payoffs
Because of the moneyline used in baseball, there are no set payoffs
for tying a number of teams together in parlays. Payoffs are determined
by a simple formula that changes the moneyline into a decimal
number and combines it with the other lines in the parlay. The
first step is to change the moneyline into a decimal value. Use
the chart below for this purpose.
Values are equivalent to one dollar.
| -1.05 |
= |
.95 |
|
-1.85 |
= |
.54 |
| -1.10 |
=
|
.91 |
|
-1.90 |
=
|
.53 |
| -1.15 |
=
|
.87 |
|
-1.95 |
=
|
.51 |
| -1.20 |
=
|
.83 |
|
-2.00 |
=
|
.50 |
| -1.25 |
=
|
.80 |
|
-2.10 |
=
|
.48 |
| -1.30 |
=
|
.77 |
|
-2.20 |
=
|
.45 |
| -1.35 |
=
|
.74 |
|
-2.30 |
=
|
.43 |
| -1.40 |
=
|
.71 |
|
-2.40 |
=
|
.42 |
| -1.45 |
=
|
.69 |
|
-2.50 |
=
|
.40 |
| -1.50 |
=
|
.66 |
|
-2.60 |
=
|
.38 |
| -1.55 |
=
|
.64 |
|
-2.70 |
=
|
.37 |
| -1.60 |
=
|
.62 |
|
-2.80 |
=
|
.36 |
| -1.65 |
=
|
.61 |
|
-3.00 |
=
|
.33 |
| -1.70 |
=
|
.59 |
|
-3.25 |
=
|
.31 |
| -1.75 |
=
|
.57 |
|
-3.50 |
=
|
.29 |
| -1.80 |
=
|
.55 |
|
-4.00 |
=
|
.25 |
How to Figure Baseball Parlays
For each price or odds quote on your teams, look at their respective
payoffs (to $1) and always add $1 to these payoffs.
Multiply your bet times the products of these payoffs (+$1) for
your parlay return.
Example
A Player bet $50 on the Cardinals (-150) parlayed to the Tigers
(-130)
| Bet |
|
Cardinals |
|
Tigers |
|
Return
|
|
|
(-150)
|
|
(-130)
|
|
|
| $50 |
X |
1.67
|
X |
1.77
|
= |
$147.80 |
The return includes the $50 bet.
Use the same method for any number of teams.
Example
Bet $75 on the Cubs (+120) to the Reds (-135) to the Mets (Even)
for a 3 team parlay
|
Bet
|
|
Cubs
|
|
Reds
|
|
Mets
|
|
Return
|
| |
|
(+120)
|
|
(-135)
|
|
(Even)
|
|
|
|
$75
|
X |
2.20
|
X |
1.74
|
X |
2.00
|
= |
$574.20
|
| |
|
(1.00
+ 1.20)
|
|
(1.00
+ .74)
|
|
(1.00
+ 1.00)
|
|
|
The return includes the $75 bet.
Remember to always add $1 to the payoff price to figure all parlays.
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How
to Bet on Baseball Online