“One of the beautiful things about baseball is that every once in a while you come into a situation where you want to, and where you have to, reach down and prove something.” – Nolan Ryan
Baseball is a sport that is enjoyed all around the globe. Watching the best players in Major League Baseball is awesome. Betting and winning money on the games is even better.
Types of bet
Remember, feeling comfortable and confident in what you are doing is a big part of the winning formula.
Moneyline Bets
Moneyline bets are the most common and straightforward bet that you will see offered at all online casinos and sportsbooks. They are straight up bets on which team wins the game. When betting the moneyline, you will notice that one team has a (+) in front of the number next to their name, while the other side has a (-).
The team with the (+) is the underdog. The number after the plus sign is the amount of money you will win on a $100 bet.
The team with the (-) is the favored team. The number after the minus sign is the amount you must bet to win back $100.
For example:
| Chicago Cubs | -130 |
| Milwaukee Brewers | +110 |
| Boston Red Sox | -150 |
| Baltimore Orioles | +125 |
Futures Bets
Futures bets are wagers placed on the outcome of the entire season or some event that will take place in the future. Before the beginning of the season, bets are offered on what team will win the World Series, which teams will win each pennant (AL/NL), and occasionally things like “who will win the MVP” or other season-long awards.
As their name suggests, these are bets made on things that happen in the future. Due to the level of uncertainty, they typically pay out very well.
Parlays
A parlay bet is a combination of moneyline, run line and/or totals bets combined into a single wager. If any pick on your betting ticket loses, the entire ticket is lost. However, if they all win, you will receive a much more substantial payout than you would have been rewarded for winning each bet individually.
When a handicapper is confident in their forecast for an upcoming game, it is a common strategy to parlay a moneyline bet and the total for the same game. For example, you could bet “the Astros and the over” if you believe the game will be high scoring and the Astros will prevail.
Let’s see the graph below to know more:
| NUMBER OF BETS | PAYOUT |
| 3 bets | 6:1 |
| 4 bets | 10:1 |
| 5 bets | 20:1 |
| 6 bets | 40:1 |
| 7 bets | 75:1 |
| 8 bets | 150:1 |
| 9 bets | 300:1 |
| 10 bets | 700:1 |
Betting Tips
Don’t get disheartened when losing
It’s equally important not to read too much into any losses. Losing as a beginner doesn’t mean that you’ll NEVER make any money. Not even the best sports bettors in the world win every single wager that they place, and in fact they can easily go on lengthy losing streaks where nothing works out as expected. If it can happen to them, it can happen to anyone. Don’t be discouraged if it happens to you.
Spend time on research
There’s no need to spend seemingly endless hours on research, especially if only betting for fun. It’s worth investing at least some time though, even if it’s just reading a few relevant news articles, studying basic statistics or keeping up to date with current form. Simply watching sports on television can be considered research too, and that’s hardly a chore!
Set a Budget & Use a Staking Plan
Every single tip on this page is important, but none of them are more important than this one. Regardless of how much money you have, or what your short term or long term goals are, you simply MUST set a budget. Remember, losing money is a far more likely outcome than winning money. You need to decide how much money you are prepared to put at risk, and make sure that you don’t start risking more if you lose it all.
You can set a daily budget, a weekly budget, a monthly budget or an annual budget. We have even heard of people setting aside of sum of money with no timescales attached at all. How you set up your budget is entirely up to you. Just make sure that your budget is set at an affordable amount and that it’s something you are determined to stick to.
Place Your Wagers Online
The hardest part of betting online is deciding which sites to join, because there are so many to choose from. Although the majority of sites are reputable and safe to use, there are a few that are not. You obviously only want to use the very best sites, but how do you know which sites are the best?
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