MLB Betting Strategies
Here are some MLB
betting strategies that will help you win more bets.
Key
Points
– Betting on
baseball offers a number of opportunities that other sports do not because of
the MLB schedule.
– A few easy MLB
betting strategies can be used to help bettors improve their winning
percentage.
Looking
at MLB Betting Strategies
Betting on
baseball is different than betting on the NFL or NBA. One of the
big differences is just the huge amount of betting opportunities in a given
season.
Each of the 30 MLB
teams plays 162 games which means in a single season there are 2,430 games on
which to bet.
Baseball, because of
its low-scoring games, is also more of a moneyline sport. Bettors typically
wager the moneyline in favor of the run line, aka point spread.
So, how can you
succeed when betting on baseball? Here are some MLB betting strategies you can
employ.
Are you a fan of
NASCAR, but have never bet it? Take a look at how do you bet on NASCAR races.
Don’t
Fall for the Big Favorite
Oddsmakers
understand that the betting public loves favorites and they like popular teams
like the Yankees and Dodgers.
Instead of the
Yankees being a -115 favorite in a given game, oddsmakers will often jump the
line up to -180 or even higher. This is because the MLB
betting public will bet on them regardless of the price.
MLB bettors would be
wise to stay away from favorites of -150 or higher. Since the 2005 season,
favorites of -150 or higher have won 63 percent of the time. That looks good on
paper, but remember your payouts aren’t that high on minus-money favorites.
Playing a big
favorite every once in a while will get you some wins, but consistently playing
them will drain your bankroll and put you in the red.
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Find
the Right Dogs - MLB Betting Strategies
When you bet on MLB underdogs, you’re
getting them at plus-money. That means you don’t have to win even half of your
bets in order to net a profit.
When you bet on big favorites, you lose
big and win small. When you bet on underdogs, you lose small and win big.
MLB bettors can
really focus on any plus-money MLB underdog, but there is one category of
underdog that really pays off.
In a 162-game MLB
season, teams within the same division play each other 19 times. Seeing a team
that many times during a season breeds some familiarity and gives the underdog
a bit of an advantage.
You can break this category down a little
further too. The betting public tends to put too much emphasis on home field
advantage. Therefore, it makes even more sense to focus on divisional road
underdogs.
When you have divisional games with a
road underdog and a high total - 8.5 or higher - bettors can value there too.
With more runs expected, oddsmakers are expecting the road team to score more.
Focusing on divisional road underdogs in games with a total of 8.5 or higher is
a situation where bettors should take notice.
Check Weather Forecasts
One of the biggest factors that will
affect the outcome of a baseball game is wind. The direction and speed of the
wind can have profound impacts on games.
Take, for example, winds blowing in
toward home plate at speeds of 5 mph or higher. Typically, these games go Under
the total. Long fly balls that might have gone out stay in the park. Since
2005, the Under has hit over 55 percent of the time with winds of 5 mph or
higher blowing in.
Consider the same conditions at Wrigley
Field in Chicago. Since 2005 with winds of at least 5 mph blowing in and a
total of 8 or higher, the Under has hit 63 percent of the time.
The opposite is true as well. When wind
speeds reach 8 mph and above, there are typically more Overs. Since 2005, games
in these conditions have gone Over 53 percent of the time.
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Don’t Forget to Line Shop
When betting on baseball, don’t forget
the basics. Always shop for the best betting lines.
When you can get a divisional underdog at +145 instead of +140, that can add up
quickly when you win.
You may want to have accounts at a few
different sportsbooks to check lines on games that interest you.
Do you want to start betting hockey, but
are unsure of how? Take a look at understanding NHL puck lines.