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MLB Odds

Written by Jimmy Boyd

MLB odds are confusing to some sports bettors so we would like to clear up any confusion with this article. The reason that the average sports gambler does not bet on baseball is that they have trouble figuring out what the numbers next to each team means. Football and basketball are the sports that the books get the most action on, and most of the time gamblers use spread betting to get in their wagering. Spread betting is when a team is laying and the other team is getting a certain number of points in order to even the score at the end of the game. The problem with sports like soccer, hockey, and baseball is that there are not enough goals or runs in order to set a spread up. That is why the most popular form of baseball betting is with money lines. If you have never bet on a money line before you might be a little confused as to what the big numbers mean.

The best way for us to clear things up is to use an example of what you will see in a typical game. Team A will be listed with a minus sign in front of their number if they are the favorite to win the game, let’s say it is -125. This means that you have to bet $125 to win $100. Now you don’t have to bet $100 but any lesser amount will be divided accordingly so if you try to win $50 then you will have to bet $62.50.

Now let’s take a look at things if you want to go with the underdog. The team that is not favored to win the game will most likely have a plus sign in front of their number. If you bet $100 on that team then you are going to win whatever the number is after the plus sign. Let’s just say that Team B is listed at +115. If you risk $100 with your wager then you will win $115 if your team cashes in. Of course you don’t have to bet $100 but the amount you win will be proportional to the amount you bet in this $100 to $115 ratio.

This is how baseball odds work if you are using one of the books from our online sportsbook review. Some local newspapers use a slightly different way to list the odds but the principle is the same. If the books are listing the games as 5/9 or 8/5 in that kind of fashion then the odds work the same, you have to wager one amount in order to win the other number. We hope that this will help more visitors understand how odds work for money lines and get more of you involved in the action, since our baseball picks continue to win year after year over the sportsbooks.

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