Our Comprehensive Guide to Betting on Baseball

Betting on the Moneyline

In most sports if it is baseball, hockey or UFC, a moneyline bet entails choosing a winner, aka who’ll have the highest score. However, like everything in life, this wager comes with a price. Betting on a moneyline preferred always pays significantly less than winning a bet on an underdog, no matter which sportsbook you use.
In betting, favorites are always shown with the minus sign (-) and underdogs are shown with the plus sign (+).
Let’s say the Boston Red Sox are hosting the Chicago White Sox at a battle of their socks. A game line could look something Boston -200
Chicago +170
The above game line signifies a wager on the favorite Red Sox would cost you $200 to win $100. On the flip side, a White Sox underdog win would give you $170 on a $100 bet.
You are able to use our Odds Calculator to determine what you would win based on your bet amount. You’ll also be able to tell exactly what a triumph on the underdog versus favorite will provide you depending on the sportsbook’s odds. With even the best baseball teams typically losing about 40% of their regular-season games, frequently picking large favorites can be insecure for novice bettors.
Handicapping small favorites and underdogs, especially home underdogs, while watching out for good pitchers on lousy teams, can go a long way in helping you steadily build your bankroll. Think of this 2018 Mets and how they had one of the best pitchers in the game (Jacob deGrom) however could not provide him some run support at all.

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