Does Money Buy Wins in Baseball Betting

The top six teams in payroll last baseball betting season, the New York Yankees, Boston Red Sox, Los Angeles Angels, Chicago White Sox, New York Mets and Los Angeles Dodgers all had winning records.

In the National League the Mets and Dodgers made the playoffs but neither did much. Money is helpful in helping MLB baseball teams win, but it doesn’t guarantee you anything. Three of the top 10 teams in terms of payroll made the playoffs but so did three of the teams in the bottom half of the league in team payroll. The Athletics had the 10th lowest payroll in the league, and they did quite well.

Only three of the top six teams won enough over the course of the season to be profitable if you were a baseball betting player. The highest paid teams are going to be the highest profile teams and usually overpriced.

The two most profitable teams from last year, the A's and the Twins, both come from small markets and both had payrolls in the bottom half of the league. You would think high payrolls would result in success while low payrolls would keep teams from winning. The Yankees had a payroll larger than all five bottom payroll teams combined.

Usually spending more on payroll is a good thing for a Major League Baseball team. It does not guarantee success though. Sometimes the teams in the middle of the pack are the better baseball bets.

On the other end of the spectrum you find teams like Pittsburgh and Kansas City that have not spent much money in recent season and they traditionally lose games. That doesn’t mean they are not good bets on occasion. Value is available in baseball betting all across the board and just because a team is tight with the payroll doesn’t mean they can’t deliver winners from time to time.

The bottom line in baseball is that the richer teams win games, but that doesn’t mean they are profitable against the spread. Baseball is a money line sport and that means -200 favorites can be spotted all over the board which means even the best teams in terms of payroll can lose money for baseball betting players.