Point spread betting is more common in the NFL and NBA, but MLB does have its own version of the point spread called “The Run Line”. It is a risk-vs-reward scenario when deciding on who to bet on, but it’s critical to your bankroll that you understand why teams are priced the way they are. The flip side of the coin is that with favorites that command big odds, come tempting underdog prices like +200 upwards of +250. Good teams are typically -180 or higher, meaning the return on your investment is not the greatest. Normally, to bet the top teams in baseball you are going to have to wager a significant amount to return any profit worthy of your time.

However, when the right opportunity presents itself, an MLB moneyline bet on an underdog can grow your bankroll quicker than betting favorites would.īaseball is one of the best underdog sports to wager on because even the very best baseball teams in any given year lose 50+ games per season. But underdogs are underdogs for a reason, and it’s usually because they aren’t very good. They see a nice high positive number and think that the payoff is significant enough to be worth the risk. MLB moneyline bets are particularly attractive to novice bettors when they are looking at underdogs. The favorites will always have a negative value, which is how the sportsbooks make their money. The moneyline odds will always be different aside from the plus or minus – those are the only constant. For example, if the underdog you like was +195, a $10 bet would return $29.50 (original $10 stake + $19.50 profit) When betting an underdog on the moneyline, you will notice that they have a positive price attached to them. For example, a $10 bet on a -180 line would return $15.56 (original $10 stake + $5.56 profit). But as I’m sure you already know you can risk any amount you are comfortable with and the payment (should you win) will be in proportion to the odds. This means that in order to profit $100 off your winning bet, you would need to risk $180 dollars. The favorite will be represented by a negative money line figure such as -180. The moneyline bet always relates to bets of $100. This example means that Houston is the designated favorite with odds of -180 and Texas is the underdog at +195.

Baseball moneyline parlay system