MLB Bet Types
The main objective in Bitcoin MLB betting and sports betting in general is to beat the odds and the oddsmaker. That’s the first thing we teach you in our MLB betting guide. You need to have a good betting strategy to get ahead of these platforms when the game begins and that strategy starts with working with and selecting the most applicable, competitive, and effective MLB bet types.
If you know what type of bet to place every time an unexpected situation happens, you own the game. Understanding the best combinations you can use to wager your money can result in extra rewards, double or triple the initial money you wagered. With that in mind, here are the most commonly used MLB bet types available in most sportsbook:
MONEY LINE BET – Like other sports, betting on the outcome of the match is the most straightforward option among all the MLB bet types. It means placing a wager on which team will win the game: the home team or the away team?
HANDICAP BETTING – This type of bet specifies certain conditions, either given by other bettors or sportsbooks. You will be betting on which team wins the match after the designated handicap scores have been suggested.
DRAW NO BET – Although draws are a rare occurrence in baseball, you have the option to bet on the outcome of a match going to a draw. Draw No Bet is betting on an outcome between the away team and the home team, expecting that a draw will refund your stakes.
RUN LINES – A type of bet that can be used as an alternative to match betting. Here, you place a bet on a side with a set point spread of either -1.5 or +1.5. You can earn more if you opt for -1.5 to the favorites and +1.5 to underdogs.
FIRST FIVE INNINGS – The best bet option for bettors who want to experience the bullpens. This type of bet is only effective for the first five innings of the game. Most starting pitchers usually go at least five innings every start of the game so if you’re a high roller, you’re going to win double.
OVER AND UNDER BETS – All bookmakers give a set total for every baseball game in over or under bets. Bettors have the choice to place a bet on which team/s can go over or under the set total.
POINT SPREAD – The standard running line for most sportsbooks are the -1.5/+1.5 odds. In point spread, sportsbook can increase the odds to 2.5 or 3.5. You can place a bet with a risk this big if you are confident that an underdog or a favored team can win the game.
FUTURE MARKETS – Also known as tournament season winner bets, new bettors are the ones mostly attracted to this type of bet since it allows them to predict the overall winner of a season or tournament. Betting on future markets and overall winner guarantees the bettor to keep himself updated for the entire season.