Before diving headfirst into MLB bets, a solid strategy must be developed to help you navigate the ups and downs of the 2023 season. Here’s how.
Major League Baseball (MLB) season is among the most exciting, whether you’re an aficionado or a new fan. And for those who want to take their love for the game to the next level, betting on games is one way. In this blog, we’ll share our top MLB betting strategies that can help turn even the greenest rookies into seasoned pros. So whether you’re looking to bet on individual games, specific players, or entire seasons, these tips will help you make informed decisions and maximize your winnings.
So sit back, grab a drink, and get ready to sharpen your wagering skills to conquer the upcoming MLB season.
Betting on Baseball: Moneyline, Prop, and Run Line Bets. For those new to baseball wagering, it is crucial to understand the different bet types. While prop and run line bets are available, moneyline betting is the most popular. This means bettors must pick the winning team, not the point (or run) spread.
Knowing the difference between the favorite and the underdog is essential, as winning with the favorite will pay far less.
Betting on Spread and Over/Under: This is a way to add more excitement to the game. Spread, also known as the run line, works similarly to other sports, where you bet on how many runs a team will win. More times than not, the line will be set at plus or minus 1.5 runs. Meanwhile, over/under bets are wagers on the total number of runs that will be scored. With 4,860 games in a regular season, there are endless opportunities to bet and maximize profits, including futures bets on which team will win the World Series. So, keep an eye on the MLB odds and make informed decisions to increase your chances of winning.
Tip 1: Avoid Big Favorites: Popular teams like the Yankees and Dodgers may be tempting to bet on, but oddsmakers realize that and then adjust their pricing to take advantage of the public’s skepticism. Regular-season favorites at -150 or higher have a winning record but end up in the red due to the sizeable minus number bettors need to lay.
To win the most money possible, betting on underdogs or taking advantage of plus-money numbers is a good strategy.
Tip 2: Utilize plus-money underdogs to your advantage: Underdogs usually have large plus numbers on moneyline odds. Betting on these teams means that if they win, you can win more money than you put up for your wager. It’s a shrewd strategy, considering underdogs win around 45% of the time. In addition, bets on underdogs result in losses of precisely what was wagered, while losses on favorites can result in more significant losses. Remember, the theory behind strategically betting on plus-money underdogs is to win money in the long run.
Tip 3: Bet Against the Public: Going against the grain typically pays off for gamblers, as the herd naturally loses when they try to beat it. Regardless of the odds, average bettors favor popular teams such as the Red Sox, Yankees, Astros, and Dodgers, and that makes it profitable for you to wager against them.
Using undervalued plus-money underdogs–instead of big favorites–can lead to positive unit winnings, even if the win rate is below 50%. This strategy can help bettors profit during the season.
Capitalizing on Baseball’s Long-Duration Schedule: One key aspect of baseball betting is its long season. With so many games played daily, bettors have seemingly endless opportunities to maximize their edge. This is especially advantageous for bettors who follow the daily MLB picks and make informed prop bets. In addition, by wagering on various games over the long season, gamblers can potentially maximize their profits.
