If you are playing at a book with a worse set of lines like this your profits can really be eaten up over the course of a season. A lot of books do this, but others will have a 20 cent spread. A dime line just means the sportsbook uses a 10 cent spread between the favorite and the underdog.

*In the example above the the odds are listed using dime lines. If you wanted to take New York you would have to risk $130 to win $100. In this example the Phillies are the underdog playing on the road against the Mets. If you like betting underdogs then taking Philadelphia to win a $100 bet would win you $120. You can list the pitcher of the team you are taking, the opposing pitcher, or both. If you list neither pitcher it’s an “action” bet and as long as the game is finished your bet will be graded. If you list a pitcher and he doesn’t start, the bet is a push and you will get your money back. What listing a pitcher with your bet does is make sure that pitcher starts for the bet to be valid. It’s also important to note that with baseball money lines you have the option of listing pitchers or going with “action.” If you want the bet on an underdog the number behind the plus sign is what you will win if you bet $100. If you take the favorite you have to bet the number following the minus sign to win $100. Odds are displayed with the away team listed first or on top and the home team listed second or on the bottom. The side with the (+) plus sign indicates which team is the underdog, while the (-) minus sign indicates the favorite.

You are simply placing a bet on who you think will win the game. This is the most popular way people bet on baseball.Ī money line wager is pretty straight forward. Understanding How the Odds Works: Basic Baseball Betting Options Money Line This article serves as a great beginners resource for learning how to bet on baseball.īelow, I’ve provided a quick explanation on how to bet money lines, game totals, team totals, run lines, series, parlays, prop bets, futures, and season win totals. If you are just getting into betting on baseball, then you need to have a basic understanding of the different types of bets you can place.Įach baseball season I am flooded with e-mails asking about the basics of how to wager on this sport.

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