Let’s take a look at some of the most common mistakes made when wagering against baseball odds. MLB odds mistakes begin with a lack of preparation. If you roll out of bed on gameday and just glance at the MLB odds then your chances of winning are not very high. When you are not prepared you will make a lot of mistakes betting baseball odds and you will also bet for the wrong reasons, reasons that have nothing to do with value.
Another major mistake made when wagering against MLB odds is forgetting bankroll management. As incredible as it sounds, most gamblers have no concept of what a MLB odds bankroll is. To the masses, a bankroll is whatever amount of money they have available for gambling on baseball odds, and even then they don't even call it a bankroll, it is just their betting money. If you want to make money versus the MLB odds then you need a bankroll to work with and it needs to be managed properly.
One of the biggest mistakes that all gamblers make from time to time when betting MLB odds is playing too many games. Many gamblers will have a top selection, but will then start screwing around with parlays, televised games, and picks from friends, touts, and or the media in baseball odds. The next thing you know, they have a grocery list of plays for wildly different amounts and few of which have anything to do with obtaining value versus MLB odds.
Another mistake to avoid is getting caught up in public opinion when betting MLB odds. Power home favorites, kicking a bad team when they are down, going against a team with a key injury; these are all easy and predictable reads for the MLB odds makers. When you find yourself with a quick reaction to a game, check it, as it's likely to be something the public is going with versus MLB odds and that is rarely a good thing.