This read will give you a general idea of what to consider while placing bets on baseball, a very popular sport that has its roots in North America. Baseball is basically their national sport. Okay, so let us dig deeper and find out more about this exciting game.
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Bet on Underdogs
So, moneyline is the most popular MLB wager. Basically, it means just predicting the winner of the game. The good thing about baseball for punters is that there is a good deal of parity, which means that anybody can win on any given night, even though there will always be strong teams and genuine underdogs in the league.
Therefore, when it comes to moneyline wagers, underdogs usually do really well in baseball. Right, placing your bets on favorites only may seem appealing on paper; however, it is a common mistake made by newly-baked bettors that usually results in a losing strategy. If you are a regular, you should be aware of the break-even point. If bettors were to wager only on teams at -110 on the moneyline, they would need to break even with a win percentage of 52,38%, and this percentage would rise exponentially.
Okay, so when is the right time to support the underdog? How to determine that the weaker of the two teams have a true chance to stand out? There are several factors that should be considered here:
- Fatigue
Even a very strong team is likely to lose after playing three or four days in a row.
- Strategy
Some coaches may sit out the star player one night before the big series begins.
- Home Field
Most teams tend to win when they are playing on their home field.
Bet Against the Crowd
If you believe you have a possible statistical advantage, do not be afraid to move against the current. General betting public is interested in overs, big teams, favorites, and star players. They are also affected by recent stats. They would normally wager on a team that played well in the previous game.
You, on the other hand, can profit from inflated statistics and public bias by taking a contrarian approach. In this case, you will be on the side of the bookie. We all know the house always wins, right? Do not be overwhelmed by public opinion, as it may not reflect the true situation. Take your cues from data and actual trends.
Follow Weather Forecast
Baseball is a sport that is greatly affected by weather. As you probably know, all active MLB ballparks (and there are 30 of them at the moment) are located in the U.S. So, weather especially matters in April when most of the country is still experiencing cold and rain; however, it is a factor that is crucial to consider all throughout the season.
Weather conditions are particularly important if you prefer to wager on over/under. You see, warmer and drier weather tends to increase offense, whereas cool humid weather decreases it. The wind is an important factor as well since it has a big influence on the ball.
We will share a handy tip: there are player stats available online that measure performance of certain players based on variables like temperature, barometric pressure, elevation, wind direction and speed, and air density. Check such a leaderboard before placing your baseball wager.
Mind Umpires
Of course, it sounds crazy to place a wager based on the game umpire. Nevertheless, it makes sense to find out who is behind the plate.
The human factor is always crucial during the game since most umpires follow their own obvious patterns. Some get influenced by the crowd and, therefore, favor home teams.
Others feel bad for the road team with lack of audience support and give them more points. Umpires also have different strike zones, which is an important factor for over/under games.
Cherish Betting Funds
Efficient money management is one of the vital factors on your road to long-term betting success.
We suggest that you use a flat-betting strategy with bets of the same amount all along the way. Try wagering from 1% to 5% of your bankroll per bet. If you prefer a slow and conservative approach, you can start with 1% or 2%. Care to be more aggressive? Bet 4% to 5% per play.
Of course, you will still experience ups and downs, but maintaining discipline in your bankroll management will prevent you from suffering major losses and position you for long-term profit.
Avoid Accumulators
A lot of experts advise against accumulators. Of course, their huge payouts tempt bettors who see a prospect of turning their tiny stake into a massive win.
Actually, bookies profit a lot from parlays since they can give really unfair odds that are covered by a chance of a huge payout. Stick to single-game wagers. Winning a single bet is challenging enough. When you add more games to your bet, you increase your risk and lower your chances of winning.
F.A.Q.
No sport is easy to bet on. You need to know the rules and get acquainted with the most efficient betting strategies to place a winning wager.
Yes, betting on MLB is legal if you place your wager through legal sources.
Usually, baseball lovers bet on a moneyline.