Types of bets in baseball betting
The world of betting has been there for a long time and remains one of the most popular pastimes among people all over the world. It is a great way of entertaining oneself and earning some money while you’re enjoying yourself. Some people like betting on games while some like to bet on sports.
Having strong knowledge of the basics of betting and some research before the game or match is enough for a gambler to place a good bet. Betting on baseball, basketball, football, tennis, cricket, badminton, and other such sports has become a common practice for sports gamblers.
Online betting has made it even easier for people to bet as they can participate from wherever they are. There are many websites where you can place bets online. Some websites offer tips and predictions too, which is helpful for beginners in sports betting.
Baseball is one of those sports that is enjoyed worldwide. Watching Major League Baseball and betting on it is thrilling. For a beginner in baseball betting, knowing the types of bets involved in baseball betting is important. In this article, we will see the types of bets in baseball betting.
- Moneyline Bet: Moneyline bets are the most basic bets that are offered by bookmakers and casinos. This bet basically involves predicting which team will win the game. When placing money line bets, you will see that the underdog team has (+) and the favored team has (-) in front of their name.
- Run Line Bet: Run line bets are found in baseball and are a popular option for bettors. It is kind of like a point spread bet for baseball. The run line bets usually range from 1.5 to 2.5 runs.
- Totals or Over/Under Bet: Totals, or over/under bets are the ones where a bettor has to wager on the total runs scored by both teams together. This bet is popular in baseball betting.
- Parlay: A parlay bet is a combo of Moneyline, run line, and/or totals bets brought together in a single bet. This is an all-or-nothing type of bet, where if anyone picks on your betting ticket loses, you will lose the entire ticket. But if they all win, you will get a much better and substantial payout than what you would have been given in case of winning each bet on its own. If you are confident about the forecast of the game you can use the parlay bet to maximize your profits.
- Futures Bet: A futures bet is a wager placed on the outcome of the whole season or any event that will happen in the near future. This bet can be placed before the beginning of the season, where you can predict which team will win the season or a certain title or award. As the name suggests, these bets are made on what will happen in the future. Being highly uncertain, such bets have a higher payout and reward the bettor very well.