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MLB Baseball Betting Odds

Written by Jimmy Boyd on March 17, 2008

We get asked quite frequently how MLB betting odds work. We decided to create this section to help our clients figure out what is meant by MLB betting money lines in order to get more people active in the easiest sport to make money on. The favorites in MLB baseball betting are denoted by numbers like -175, -145, or -225. This negative amount means the number a player has to wager in order to win $100. For the underdogs in baseball betting, a number like +120, +155, or +180 means how much a bettor stands to win if they wager $100. There are really no point spreads in baseball betting, just run lines. Run Lines work almost the same as money lines except that a +1.5 or -1.5 is added to the equation. This basically means that a favorite has to win by more than one run, or an underdog has to stay within a run in order for the bettor to win the wager.

The pitchers in baseball are the most heavily weighted factor in determining the lines set by baseball odds makers. It is a huge factor in which aces normally draw heavy chalk and guys you have never heard of will almost always be big underdogs. Home field advantage is another big factor in determining the money line for each and every MLB game. There are many factors that go into making our quality premium and free baseball picks and we hope our section helps you learn a little more about betting in general. A lot of sports gamblers stay away from baseball because they aren’t exactly sure how baseball odds work, do not be one of those people who will let a great chance to make some extra cash slip away because they are too stubborn to read a few pages and try something new.

When the linesmakers come up with the MLB betting odds for each night’s games, they look at a number of different factors to help determine the predicted outcome. The MLB baseball odds makers take in-depth looks at injury reports, local newspapers, player match-ups, coaching strategies, where the game is played, and a variety of other factors. Some teams play better in a dome, some on grass, some when playing after a loss. The juice for baseball comes from the difference in the favorite and the dog. A typical game will have a situation like Oakland A’s -145, New York Yankees +135. This means that if an equal amount of action is placed on Oakland as New York, and NY wins, the book takes $145 from all the favorite bettors, while they pay out $135 to the underdogs.

MLB betting odds make betting on professional baseball difficult and that is why you might need the help of an experience MLB Baseball Handicapper. Jimmy Boyd and the Locksmith Sports staff goes deep into each team’s stats, tendencies, and match-ups to find holes in the linesmakers odds. We have had a long documented history of success in the MLB Baseball, but if you are not ready to sign up for one of our successful premium picks packages, then join our free MLB picks newsletter.

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