Betting on MLB moneylines is simple to grasp, but developing a sharp strategy takes time and attention to detail
Betting on MLB moneylines is one of the most straightforward ways to get started with baseball wagering. Unlike point spreads used in sports like football or basketball, moneyline bets focus simply on who wins the game—no need to worry about the margin of victory.
Here’s how it works. Each game has two teams listed with odds. One is the favorite (expected to win) and the other is the underdog. The favorite will have a minus sign in front of their odds (e.g., -150), while the underdog has a plus sign (e.g., +130). These numbers show how much you need to bet to win a certain amount or how much you can win with a $100 wager.
For example, if you bet $150 on a team with -150 odds and they win, you earn $100 profit. If you bet $100 on a +130 underdog and they pull off the win, you make a $130 profit. It’s simple, but understanding the odds is key to spotting value.
Many beginners make the mistake of betting only on favorites. While favorites win more often, betting on too many with high juice can quickly eat into your bankroll. Underdogs can offer better value, especially if you do your homework.
When betting on MLB moneylines, look at more than just team records. Consider the starting pitchers, recent form, injuries, bullpen usage, and even weather conditions. Baseball is unique in that matchups between pitchers often influence the outcome more than anything else.
Also, lineups can change last-minute, so double-check starting lineups before placing your bet. A key hitter sitting out could shift the balance.
