How to Bet Baseball – Step by Step Guide for Beginners

Baseball is one of the most popular sports around the world and in the US in particular. Every year there are numerous major and minor league sportsbooks that cater to the needs of baseball lovers and bettors. Many books have been written on how to bet the game, but not all of them are created equal. If you’re looking for a comprehensive guide that starts from the ground up, then you’ve come to the right place.

The Basics Of Bookmaking

To become a successful baseball bettor or writer, one must first understand the basics of bookmaking and how to read a baseball line. The meaning of the term ‘book’ in sports betting is quite broad and can refer to many different things. In the case of baseball, a ‘book’ could be an odds chart, an over/under (O/U) handicap, a matchup chart, or even a number of statistical categories that are grouped together to form a comprehensive line.

The most basic and fundamental aspect of bookmaking is the line. A line is essentially an agreed-upon price that a bookmaker will take on a particular side or event. In the case of baseball, the line is typically offered for major or minor league games, and certain fortees such as the World Series and All-Star games are generally considered ‘true’ lines. Lines are determined by a bookmaker’s ‘public’ or ‘sharps’ (the latter being a more exclusive group of bettors that are allowed to ‘sharps’ an odds set or pool to make a wager). If you’re new to the world of sports betting, then learning how to read and comprehend lines can be one of the most challenging aspects of knowing how to bet baseball. Fortunately, the complexity of sportsbooks and odds makes it possible for even beginners to succeed in this aspect of sports betting. With a little bit of effort and time, it is possible to ‘master’ reading lines and understanding associated risks and rewards.

How To Bet Different Types Of Baseball Lines

While many books exist that walk you through step-by-step methods of betting and giving advice on specific sports, very few of them cover the topic of how to bet different types of lines in baseball. One of the most important and fundamental aspects of understanding how to bet baseball is knowing which line to use when and why. The following are some of the most popular and well-known types of baseball lines along with tips on how to read them and when to use them.

Odds, Over/Under And Moneylines

Odds, over/under and moneylines are usually grouped together because they have something in common: you’re either betting on the prices moving in the desired direction or you’re betting on the product of two or more specific teams or players (in the case of over/under) competing against each other. It’s very simple: if the team you support is listed as 3.00 to win the game, you would bet on them winning the game in order to make a profit. If you are interested in taking a side in an evenly matched game, such as a classic matchup or the World Series, then you would use an under line. The same concept applies to moneylines, with the major difference being that with an under line you’re not making a profit but you’re losing money. Regardless of which type of line you choose, the odds will always be in favor of the party on the ‘take’ of the wager. The key is to pick your poison and stick with it. There are instances when an even number of runs will occur and in those cases, you might want to consider using an over line (in the case of over/under) as the payout for your wager is usually much higher than it is for an odd number of runs.

Nets, Trips And Point-Betting

Nets, trips and point-betting lines typically refer to the same concept as odds, over/under and moneylines, but with one crucial difference: the team or player you’re supporting is not directly involved in the payoff of the wager. Say you wagered $100 on the Athletics to win the game and they won by one run. Your winnings would be $101, not $100. Point-betting lines are very similar to trips, with the key difference being that with trips you’re making a profit off of your wager (in most cases). If you’re looking for an easy way to make money from baseball, then point-betting lines are a great choice as you’re rarely risking more than you can afford to lose and you’re not directly affected by the outcome of the wager.

Double, Triple And Halves

Double, triple and halves can be one of the more complex types of lines, as there are numerous variables that can affect the outcome of a wager. The most significant and fundamental variable in a double, triple or halve line is the team or player that you’re supporting. For example, if you bet $100 on the Athletics to win the game, and they win by two runs, then you would win $200 (two bets, each worth $100). If they win by one run, then you would win $150 (one bet, worth $150). The key to successfully navigating this type of line is to choose the right opposing team or player. In the case of doubles, you’re almost always choosing a team that is significantly underdogs against the favorite, as the favorite will almost always be a close game (i.e. within one or two runs). When it comes down to picking a winner in a close game or a comeback victory, it is crucial that you choose the right team. This will more often than not be the underdog. You can also use doubles as a hedge against the favorite, as they are sometimes a less volatile option than straight-up betting on the game’s outcome.

The Best Time To Bet

Knowing the right time to bet is crucial for any serious sports fan. The simple answer is ‘all times’, but there are a few select instances when it might not be the best idea to wager on sports. The most prominent instance is during an NFL game when there’s approximately an hour and a half until the start of the game and the score of the game is yet to be determined. Another instance is when there’s a major third party in the middle of a game that is significantly affecting the outcome of the game (such as a weather condition, injury or timeout). If you find yourself in a situation where you cannot make a clear-cut choice without risking more than you can afford to lose, then it might be best to refrain from wagering on that game.

The Mechanics Of Collecting And Using Points

The mechanical or arithmetic part of collecting and using points in sports betting is extremely basic and it’s probably the least complicated part of understanding how to bet baseball. Points are simply what you start with and at the end of each game you add up your points to determine the winner. It’s very similar to rolling dice or using dice to make a wager: you simply add up your numbers and if you’re lucky, you’ll hit or come close to hitting the exact number needed to win. Points are usually collected manually by people collecting small bills and making change, or they can be collected automatically by people placing wagers via the Internet or phone and utilizing software that detects money being deposited and debited from the account.

Using Statistical Models To Calculate ROI

ROI or return on investment is one of the most important metrics when it comes to evaluating the success of any type of venture or investment. More and more people are realizing the importance of evaluating the statistical models and formulas used to determine the outcome of a game, in part, because of the increasing popularity of the Internet and social media. ROI provides valuable information about the level of certainty and risk associated with a wager, and it can be utilized to determine what odds, over/under or moneyline to use based on the game’s score, how important or relevant the game is for your chosen team or player, and how profitable or unsuccessful a given wager has been at previous sporting events. The most successful and sophisticated bettors use a variety of statistical models and software to analyze games and odds, construct lineups and wagers, check winning percentages, and determine the profitability of specific wagers before, during and after the game.

Final Takeaway

Learning how to bet baseball and other types of sports is not difficult. The information and lessons covered in this article will teach you the basics of taking a side in a game. Once you’ve mastered reading the odds and understanding the risks involved in making a wager, you can move on to becoming a more sophisticated and successful sports bettor. Good luck out there.