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With 30 teams in Major League Baseball playing 162 regular season games each, it’s understandable if you don’t have the time to examine each matchup and spot the best bets to make daily.
Here at WSN, we provide you with the best daily MLB bets to make and plenty of other content related to betting on the sport.
Check out the best MLB bets for October 24th.
On this page, we’ll go over:
Determining the best bets to make for MLB games can change daily as different situations are constantly arising. That said, we’ll review some basic guidelines for what we consider when evaluating.
Pitcher Matchup: The starting pitchers in a game are one of the essential aspects to analyze when determining which team to bet on. It can sometimes be as simple as their success or poor play on the season. Still, you can dig into split stats, such as their success at a particular ballpark, against a specific type of batter, and more. You’ll notice that our daily best bets article focuses heavily on the pitching matchup.
Recent Performance: This covers individual players and the team. There’s something to be said in baseball about hot streaks. If a team has struggled recently, it’s something to consider, as teams can turn it around at any time, and it’s not uncommon for a bad team to beat a good team.
Odds Shop: This covers any bet you’ll ever make. Once we’ve decided on a bet we like, we’ll look around at the best online sportsbooks to see if we can find any odds or lines that are more beneficial for that wager. We do that work for you.
The money line wager is the easiest bet to understand. Here, you’re simply picking what team you think will win the game. These odds show up with “-” and “+” odds.
To understand these odds, let’s examine them through winning $100 and wagering $100.
With “-” odds, you’ll need to wager whatever the odds associated with it are to win $100. For example, if the money line is -210, you must wager $210 to win $100.
For “+” odds, you’ll win whatever the number associated with it is. For example, if the odds are +190, you’ll win $190 with a successful $100 wager.
The “point spread” is known as the run line in baseball. The run line for baseball games is almost always 1.5 runs for pregame wagers, whether the team is the favorite or the underdog.
The run line is pretty consistent at this number due to baseball being a lower-scoring sport. Unlike the point spread wagers in the NBA or NFL, where the odds are at or around -110, the odds here could vary quite vastly depending on the teams playing.
If you bet on a team with -1.5 on the run line, they must win by two or more runs. Conversely, if you bet on a team with +1.5, they must either win outright or lose by just one run.
Suppose you can’t decide which team to bet on with the money line or run line. In that case, there’s an alternative waiting for you that focuses on the production of both teams—total bets.
With totals, you’ll be betting on whether or not the combined number of runs exceeds or falls short of the line provided by the sportsbook.
For example, if the line is 6.5 runs, you’ll bet whether or not the combined number of runs will be seven or more or six or fewer.
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The most common wager when betting on baseball is the money line bet. As you’ve learned, this is the bet with the fewest parameters and calls for you to pick which team you think will win. This is a great betting market for all players, regardless of skill level, to participate in. Still, it’s especially easy for new/casual ones.
First and foremost, the best way to bet on the MLB is with a licensed and regulated sportsbook provider in the United States. We’ll only recommend sites authorized to operate online in the United States.
From there, it comes down to what interests you, the amount of money you can budget for betting, and other factors you’ll know best.
It’s hard to say if baseball is the hardest sport to bet. In baseball, statistics can paint more of a picture than most sports. Still, there’s also a plethora of statistics to keep up with in baseball, especially if you dive into sabermetric and other advanced analytics.
Like any bet, it really boils down to experience with the sport and knowledge base.
At the time of this writing, in close-to-mid-April 2023, the underdog has won about 41% of the moneyline wagers, while run line bets are almost 50/50. Ultimately, it depends on the bet type. With moneyline wagers, it makes sense that the favored team wins more as they’re supposed to be better.
After graduating from the University of New Hampshire with a BA in Journalism, Richard Janvrin has been covering iGaming and sports betting since December 2018. Richard has covered betting at Bleacher Report, Gambling.com, The Game Day, Forbes, and more.More info on Richard Janvrin
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