When it comes to recreational activities, watching sports is considered as a great form of entertainment. Now that the Major League Baseball (MLB) has joined the wagon in sports betting, it has piqued the interest of many.
Expert bettors and newbies are playing and trying their luck in earning big in betting in baseball. But the question is, what are the things every bettor should know when it comes to betting on a baseball game? Are there things that need to be considered before placing a bet?
Let us discuss the primary things every bettor, especially the newbies, needs to learn and understand before betting on a baseball game.
Know All the Betting Types First
First thing first, you can’t play the game without knowing the basics. And the very first thing you need to know and understand is what are the betting types.
Every sports betting has different betting types, and you need to learn all of them first before you start wagering. In baseball, there are four MLB betting lines that you need to be familiar with.
This is the easiest of all betting types, and this is where beginners usually play their chances. Bettors will only need to place a bet on a team that they think will win the game. It would be best to look closely at how the odds are working with each team for a better reference.
This is a betting line that requires more familiarity with the sport. Runline focuses on how many runs a team would make to win a game. Before betting on a run line, you need to study first how each team performs as this type of betting line is meticulous. Yet, there’s big money in here, and that’s the catch.
The prop bets or proposition bets are a good betting line for bettors who have a liking in guessing what will happen during the game. You can bet on if the team will go to the extra-inning, how many strikeouts the starting pitcher will have, or which team will score first.
While the run line focuses on how many runs a team would make, total or known as over/under is betting on the total number of runs every team made.
Let’s say a Yankees-Tigers game has a 9.5 total run. You can bet either over or under, and if they had a 10-0, the over wins. If they had a 9-0, then the under wins.
House Rules In Betting
Just like in any other type of betting, there are house rules that every bettor needs to get by. This will ensure that there are standards that are followed in case there are unexpected scenarios.
The best example of this for over/under, newbie bettors should understand that to earn your wage, a match should reach 8.5 innings. If any case, weather interruption, or any other reasons that cause the game to end and the current innings didn’t reach 8.5, all wagered money is refunded.
Learning and understanding this is critical as baseball is usually played in an open field, and many circumstances could happen any day.
Every Underdog Will Eventually Have Their Day
Betting on a favorite team is what every beginning bettor would always like to think, and the chances of placing a bet on them are high. Yet, it’s not wrong to bet on the favorite team. However, in baseball, a lot of things could happen in the entire season.
It usually played 162-games in a season and played almost every day. Remember, the worst team has 40% in winning all of their games while the best teams can’t even get 60% to win all their games.
Online Betting Made Things Easy
The best news for beginning bettors is the availability of online betting. Newbies should take advantage of how betting is made easy as they can shop around different betting lines, check every sportsbook, and do the research efficiently. They can even make big money if they can do the job effectively.
Spending more than what you earn is the biggest mistake every bettor makes. If you’re starting in sports betting, control your impulses in placing a bet. If you’re on a losing streak, it’s cool to lay-low for quite a few games.
If you’re on a winning streak, don’t override the feeling too much. Stay disciplined, no matter what the opportunity you’re presented. Baseball is played more than 100 games, and it’s just this 2020 that it was shortened to 60-games. But either way, don’t go over your head. Trust us, it pays!
Watching a sport is good entertainment but watching it while placing a bet and having a chance to win big is another story. And that’s what happened the moment MLB was associated with sports betting. Many fans and casual spectators are now even more excited to watch every game.
However, just like in any other form of sports betting, emotions can override your decision-making. This is why it’s essential that you understand, learn, and know things before you jump into the bandwagon. Sports betting is no different, you only have two options: to win or lose, and we don’t like the latter.