While most large baseball events tend to take place within the United States, a bettor doesn’t need to be a resident of the US in order to start placing bets on their favourite baseball teams.
Thanks to the power of the internet, it has never been easier to start wagering on whichever baseball events take place over the course of the year.
One of the more vital aspects of baseball betting to learn is the various types of bets that are on offer from the bookies that provide them. Having this solid foundation and understanding of the bets means a more comprehensive decision-making process when it comes to choosing the perfect wager for the situation at hand.
The Money Line
This is a kind of bet that’s offered on a range of different sports, and it’s one that experienced bettors will be familiar with. Here, the wager is placed on the team that the bettor believes will win a game, and if their prediction comes true, they can walk away with winnings that are calculated based on the odds that are set by the bookmakers.
While it’s not uncommon to have two teams that have equal betting amounts, it’s much more prevalent for there to be an underdog and a favourite, especially when the bets cover teams that are well-known and that have a clear playing history that spans over the previous months leading up to the current event in question.
After the money line, the run line is one of the most popular, which is where the bettor puts down money on the team that has a point spread of either -1.5 or +1.5. Rather than wagering on the clear favourite as with the money line, the wagerer can instead bet that the team will need to win by at least two, but it also means that they can often put more money on the underdog. It’s a bet that takes some math and experimentation to get just right, but it’s also one that can ultimately pay out more if done correctly.
Here, a bookie will set a total for very game currently in circulation, and a wager will be placed on whether the amount of runs that are earned during the game between the teams will be more or less compared to the given total. Here, research can make all the difference, similar in some ways to online Blackjack NZ, as games that are expected to have bad offences and have low totals, while games that prioritise offence will have much higher set totals.
Proposition bets are wagers that are placed on specific elements of a game, and not necessarily always on the teams or players involved. One popular example is betting on which team or player will score the first run of the game, while other might be placed on which player will hit the first home run. Prop bets tend to not be as serious as others but can still be profitable if executed correctly.