Here’s our ClutchBet run down on the top MLB betting types available:
When it comes to gambling on MLB, it doesn’t get much simpler than placing a moneyline bet. All you need to do is choose which team you think will win the game!
Both ball clubs are assigned odds by the sportsbook that represent their chances of winning the contest. A minus sign in front of the odds indicates that team is the favourite (e.g. -145), while a plus sign in front of the odds indicates the underdogs (e.g. +125).
Choosing to bet on the favourite might appear to be the logical decision, but the payout for a winning bet will be less due the the smaller amount of risk involved. On the other hand, wagering on an underdog might feel like a risky move, but it can also be quite a lucrative one if they manage to defy the odds and win!
At the end of the day, moneyline betting on MLB all comes down to assessing the risk and reward ratio of each team. It’s important to remember a winning bet means profit, which is always a good thing, no matter how small it may be!
For a step-by-step guide on how to understand moneyline odds and place a moneyline bet on the MLB, click here.
MLB spread betting (sometimes referred to as ‘runline’ betting) requires bettors to account for a handicap applied by sportsbooks in order to make the contest a more even one for betting purposes.
Due to the low-scoring nature of baseball, more often than not the sportsbook will set the runline at the 1.5 mark. A -1.5 run handicap applied to the favorite, would require them to win the game by 2 runs or more to cover the spread. In this instance, the underdog would have a +1.5 run advantage and they must either win the game o