Sports betting can be an exciting hobby and one that can be both profitable and entertaining. However, it can also be quite intimidating for beginners. That’s where we come in. We want to make things easier for you by providing you with a basic guide on how to bet. By following our tips, you should be able to place your bets confidently, knowing that you are doing everything correctly.
Casinos can often be very bright and contain lots of moving parts. Talkative people use words and phrases that may sound unfamiliar to you. Bookmakers display a plethora of statistics, with plus and minus signs, which can be extremely difficult to comprehend. All of this is contingent upon wagering real money, so you can see why this would make for a confusing venture if you aren’t familiar with sports betting.
Moneyline MLB Picks
This is perhaps the simplest and most common wager for bettors to make when it comes to MLB predictions. Essentially, to win an MLB picks, you are choosing which teams will win the game. It’s simple – if you bet the White Socks Moneyline over the Red Socks and Chicago wins, you lose your bet.
What is a Favorite?
A favorite is a sportsbook’s belief that one of two teams will win. Odds are often shown with a negative sign before them. This is the side that is favored above their opponent, hence the term favorite; when betting on a point spread they may frequently lay or provide bets to the underdog to level the wager. When bettors place money on the money line, favorites will offer a lower return on their investments.
What is an Underdog?
An underdog is an athlete who is expected to lose. Odds makers often show the underdog with a minus sign before them. When betting on a point spread or a money line, underdogs behave similarly to favorites, but in reverse. Underdogs give you a better return on your bet when betting on a point spread, and they offer you a better return on a Moneyline bet.
What Type Of MLB Bets Can You Make?
Below is a list of MLB betting markets you can use to make your baseball picks today. Check out our guide on How to Bet on MLB for a more detailed explanation of these options.
Runline MLB Picks
The run line is the amount of money that you can bet on either team to win. In the NFL and NBA, the run line is usually between 1.5 and 2 points. For example, if the spread is 3.5 points, then the run line would be 4.0 points. If the spread is -2.5 points, then you’d place a wager of $4.00 on the underdog. If the spread was -3.5 points, then your wager would be $6.00. Similarly, if the spread was 10.5 points, then a bettor would make a $10.00 wager on the underdog.
Total Runs Picks of MLB: OVER/UNDER
Another common wager among all sports is overall. This bet is available among all sportsbooks, who’ll set a total number of points scored in the football game. You’re simply choosing whether the final outcome will be OVER or UNDER the total. Betting the UNDER/OVER on a matchup is a good way to get started in NFL score predictions.
First Five Innings
The above options – Moneyline, online, and OVER/UNDER – can also be placed on any part of a game rather than on the entire game. Many experienced betters will use this approach because they typically find that this takes bullpens out of play and makes their jobs researching the game easier because they can just focus on the starters when making their baseball picks today. Check out our First Five Betting Report to see how teams perform when placing bets on these types of wagers.
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