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Baseball betting - How to bet on baseball
Betting on baseball is different than football and basketball and most
people do not understand the subtle differences. When I first started giving out
free picks I would almost always bet on teams money line. I was not completely
comfortable betting on run lines and told my algorithms and statistics people to
monitor and develop simulation code to predict run lines.
Anyways, as soon as I posted run line bets many of my loyal
followers/visitors/customers would ask me what the run line was. I was shocked
but still understood the confusion. There are still money line odds in
basketball and football betting so understanding money line betting baseball
requires no extra knowledge. The Run Line however is unique to baseball.
The run line is baseball's version of the spread. Since the scores in baseball
are so low, the spread is always -1.5 for the favorite and +1.5 for the
underdog. Since the probabilities of teams beating the run line are different,
even the run lines have their own odds associated with it.
For the most part, you can turn a baseball favorite on the money line into an
underdog on the run line. So this is a less risky option for most bettors.
The over/unders in baseball are also not very confusing because we are able to
bet on totals on football and basketball.
Another subtle difference to betting baseball is the Listed Pitcher vs. Action
options. When you bet on a baseball game, you are getting the odds on the game
based on the listed pitchers pitching. What if the pitcher changes? What if you
have Randy Johnson at -300 and he gets hurt just before game time and you have a
scrub in Tanyon Sturtze pitching. If you select the game as "action", you are
stuck with your bet regardless of who is pitching. If you select the game as
"listed" then your bet on the game is only valid if the pitchers listed pitch.
The general rule I follow is I take all underdogs as action and all favorites
listed. I generally bet on favorites because they have a dominant and far
superior pitching and I want their pitcher to pitch for it to be valid,
therefore I take them listed.
The last thing to note is that if a game is called early due to rain, your
over/under bet is no longer valid. Even if the game is called in the 7th inning
with a total of score lets say 11. Even if you bet the over on a total that was
8 or 9 for example, the bet is still invalid because the game did not complete
in its entirety.



