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If you know nothing about sports and you still feel the encourage to wager, baseball is the easiest sports to wager on. As opposed to football and basketball, where you're mixed up with the point spreads and other confusing calculations, in baseball betting you simply put your money on the outcome of the game. In addition, the baseball season lasts longer, which implies more matches and bigger chances to go home with the winning money. Here's a step to step guide to baseball betting.

The major difference between baseball betting and other team sports betting such as football and basketball is that while the latter ones use point spreads, the previous uses the money line.

What is a Point Spread?

Point spread is the most common betting type offered in football and basketball gambling. The sportsbook spreads the odd of a certain match by subtracting points from the favorite team, which is the team most likely to win and adding points to the underdog, which is the team that will raise lots of eyebrows if wins.

What is a Money Line?

In baseball betting, the sportsbook sets the chances strictly on the outcome of the match. To even the action, bettors would have to risk more money on the favorite and risk a lesser amount on the underdog. This is called the money line.

For example, if the money line is minus 170 on the favorite and plus 150 on the loser, then you would have to bet 170 dollars on the favorite in order to earn 100 dollars. However, if you bet 100 dollars on the underdog, you would win 150 dollars if they would eventually win the match.

The difference between the minus 170 on the favorite and the plus 150 on the underdog is known as the twenty cent line. If the money line was minus on the preferred and plus 150 on the underdog, it is known as the ten cent line or dime line. The fifteen cent line is also usual in baseball betting.

Sportsbooks also provide total bets and run lines in baseball betting.

1) Total Bets:

These wagers are based on the sum of the runs scored by both of the teams. For example, if the sportsbook sets the over under total of a match as 7, the over wins if the sum of the runs scored by both teams crosses 7 and the under wins if it sums up to less than 7.

2) The Run Line:

This wager is the baseball variation of point spread. When you are betting on the run line, you're betting on whether one of the teams wins by more than one run, which is marked as minus 1.5 or stays within one run, marked as plus 1.5.

Conclusion:

Although the money line makes baseball betting easier than football and basketball betting, it causes the payoffs calculation to be more complex:

1) In order to calculate the payoff when wagering on the preferred you should add 1 to the favorite price and divide it with the favorite price.

2) In order to calculate the payoff when wagering on the underdog you should add 1 to the underdog price.

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