BASEBALL BET TYPES
Major League Baseball (MLB) is the highest level of play in North American professional baseball. Specifically, Major League Baseball refers to the organization that operates the National League and the American League by a joint organizational structure that has developed gradually between them since 1901. It is currently composed of 30 teams with 29 based in the United States and one in Canada.
Each season consists of 162 games (with an additional game, or games, if a tie breaker is needed to determine postseason participation), which typically begins on the first Sunday in April and ends on the first Sunday in October, with the postseason played in October and sometimes into early November.
Win Bet
A win bet is simply betting on one team to beat the other team in an event. You’ll need to risk a bit of money on win bets, but there the best bets for beginners. There are also other bets that you can place such as ‘the line’ or run totals which will be explained later.
Texas (A. Harden) $1.65
Oakland (E. Patterson) $2.15
The Line
When you bet on the run spread you need to choose whether or not the team will win by a certain amount of runs. If a team is favourite by -2.5 then you need to choose whether or not the team will win by 3 runs. If you think they will, you’d choose the team and if you think they won’t, then you’d choose the other team known as the underdog.
Texas (A.Harden) (-1.5) $1.85
Oakland (E.. Patterson) (+1.5) $1.85
Over/ Under Runs
In Baseball you can bet on the total runs scored in the game by choosing under or over a predetermined amount of points. In the MLB for instance a typical run total for a game is 7.5 runs so you need to choose whether the game will have 8 runs or less. Based on your decision you’d bet on the over or under on that game. Prices for an Over/Under bet are generally set at $1.85.
Over 7.5 Runs $1.85
Under 7.5 Runs $1.85
Innings Betting
You can also choose to bet whether a team will score more runs than the opposition in that inning, live as you watch. If your interest has waned in the game, this type of betting can keep you occupied even if the result is out of question.
Arizona $3.40
Tie $1.90
Oakland $3.70
Parlays
A parlay is when you bet on multiple events on one ticket with the chance to increase your profit potential. The minimum amount of games you can choose is 2 and the more games you wager on the higher percentage you’ll get paid out if it wins. Betting on multiple events obviously makes it more difficult to win, but you can risk minimal amounts to win large amounts which is the upside.
Colorado (S. Smith) $1.50
Texas (A. Harden) (x) $2.10
Arizona (J. Upton) (x) $1.45
Total: (=) $4.57
