MLB SpreadsWed, 31 Dec 2008 22:51
How the spreads works in MLB betting.
Sports betting is becoming increasingly popular among sports enthusiasts. Even those who watch Major League Baseball can bet on their favorite team. Before wagering, though, bettors should know more about MLB betting. It's also important that they take into account various factors before choosing a winning or losing team. After all, sports betting is more than just a matter of luck. It also takes some research and analysis. Seasoned bettors don't just bet on their favorite team. They first gather information about both teams to see which among the two stands a better chance of winning, and sometimes, even by how many points that team will win. For those who are novices in MLB betting, it's essential to know more about MLB spreads.
MLB spreads: the point spread
The MLB point spread, also known as "the spread" or "the line," serves as a margin to handicap the favorite team. For betting purposes, oddsmakers make predictions that the winning team will win by a specific number of points. This number is the point spread. The favored team is indicated by a minus sign (e.g. -2.5) while the underdog is indicated by a plus sign (e.g. +2.5). Bettors who wager on the favored team will win their bet in case the favored team wins by more than the number of points indicated on the point spread. In case the bettor wagers on the underdog, he or she will win if the underdog wins, gets a tie, or if the favored team wins but doesn't exceed the number of points specified on the point spread. Often, bettors have to wager $110 to win $100.
MLB spreads: the money line
More often than not, though, MLB betting is done using a money line rather than a point spread. The difference between a money line bet and a point spread bet is that when bettors bet on a money line, they are simply choosing which team will win. The margin of victory over the losing team doesn't matter. One just has to choose which among the teams will emerge victorious in the end. Although this kind of betting seems easy, sportsbooks have devised ways to make betting on underdogs seem as attractive as betting on favorite teams. To bet on the favorite team, one will have to shell out much money and gain little profit in case the wager turns out to be the right one. Betting on the underdog, on the other hand, will require a bettor to shell out less money and get more profit in case the underdog wins.
MLB spreads: tips for novice bettors
Those who are new to sports betting will benefit from knowing much about football and betting. When picking which team to bet on, it would be good for bettors to take into account such factors as which team is playing as the home team and which is the road team. Aside from that, it would be good to do some research regarding the players of the team and whether any of the major players are injured. Knowing the records of the team and the number of their wins in the past can also help bettors decide which team to wager on.