For new bettors, looking at the odds for the long list of MLB baseball games on any particular day could be more intimidating than looking at a complete slate of Sunday NFL action, particularly if you’re looking at the moneyline.
Most people are familiar with the notion of a point spread and deciding whether a certain team will win by a certain number of things, and betting the moneyline is even simpler. When you’re betting on the MLB baseball moneyline, you are simply trying to pick the winner of the sport.
In this article, we’ll explain the baseball moneyline in greater detail, as well offer you a few straightforward tips to use for your benefit when you elect to wager on the moneyline!
The Baseball Moneyline, in Action
The following chart is a snapshot of National League baseball games with moneyline costs for every match. There’s more than one moneyline only because the reference image shows chances from more than 1 bookmaker. Of course, odds vary across sportsbooks that are online.
Generally, moneyline favorites have been listed as a negative amount (-) along with the underdogs are listed as a positive amount (+). If both teams have negative numbers attached to them, the amount closer to 0 must be regarded as the preferred.
From the graph above, we see that New York Mets (NYM) are about -150 favorites within the Giants (SFG), that are at approximately +155.
In practice, that -150 number only suggests that, in order to win $100, you have to bet $150 on the Mets. If the number is positive, such as the one alongside the Giants (+155 or so), it represents how much you’ll win a $100 wager.
That’s all there’s to it! If only choosing the winners was as simple as comprehending the cash line.
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