That really makes things simple to understand in MLB betting as you have one team favored and the other team as an underdog with no points in involved. Here is a look at baseball betting odds.
Baseball betting is simple to do and easy to understand. For example, if a team is laying -150, that means you are wagering $150 to win $100 or the 15/10 equivalent. If you like the underdog you get $130 back for every $100 wagered. You also have terms like the 20 cent line and the 10 cent line. When you lay $110 to win $100 in football or basketball, the 10 cents is the normal vigorish. A 20-cent line is 12 to 10 odds and you get that a lot in baseball and on totals. You should also know that just because the baseball betting line starts out at 10 cents or 20 cents doesn’t mean it will stay there. Some sportsbooks offer 10 cent lines up to a certain number, say -150, then they go to a 15 cent or 20 cent line from there. There used to be a time in MLB betting where 10 cent lines were the most common but now the 20 cent line is the one you see the most.
As you look at baseball betting lines you will find that it is hard to make a profit if you are continually betting favorites. That doesn’t mean you can’t play some favorites but remember that laying -200 or -300 each game means you have to win a very high percentage of your games just to break even and an even higher percentage to make money. You may want to consider a parlay when you have two heavy favorites to reduce your risk and still have the chance to make a profit versus the baseball betting odds.
Another option is the total in MLB betting. It is also a money line and you are betting over or under the amount of runs that are listed on the sportsbook line. Totals are something to consider in baseball betting.
You can make money as you look at the baseball betting lines each season. Find the best possible MLB betting odds for your games and understand that line shopping can be helpful. Baseball can be a very profitable sport and it sure gives you a lot of chances to win money since it stretches on for more than half the year.