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Baseball Betting
Baseball Betting Guide
As you make your daily wagers during the MLB season,
make sure you are feeding your book a steady diet of
dogs. In the long run it will give you the best chance
to keep your bankroll healthy.
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If you are adept at picking underdogs you can
actually hit a lower percentage of your picks and still
gain more units than if you were to play lots of
favorites. This is simply because of the juice you must
pay to back favorites. For example, if you back the New
York Yankees, who win nearly 60 percent of their games
each year, you will almost assuredly finish well out of
the money because of the heavy juice you have to fork
out to bet the Bronx Bombers.
Let’s take a look at a hypothetical scenario to show you
the benefit of picking underdogs. If the Kansas City
Royals are +278 underdogs against the New York Yankees,
we can win $278 by risking just $100. The Yankees might
be -312 favorites in this hypothetical game. What I’m
getting at is that if you bet the Yankees here and the
pin stripes lose, a $100 dollar bettor would lose $312
on one game. You could lose three underdog bets on the
Royals in this situation and still not be as far in the
hole as losing just the one favorite bet on New York.
Let’s say in a three game series at New York, if the
Royals are a +250 underdog on average, and if they win
one of the three games with you betting them each game
of the three game series, a $100 bettor would be in the
black. A Yankees backer would be in the red despite
winning two of the three games because of the juice in
the one loss.
Many MLB bettors never think the Yankees are going to
lose, but we have already seen in the early going that
New York can lose to anyone on any night, especially on
the road. I suggest picking your spots to go against the
Yankees this season . This will be a nice underdog play
for you.
I’m not suggesting that you pick underdogs exclusively.
If Roy Halladay is on the hill for Toronto at home
against the Oakland A’s and the Jays are -153 favorites.
I might see the value in taking this favorite at a good
price for the situation.
This article is just to get you thinking about the money
side of things as well as who you feel will win a
certain game. You might think the Twins are a lock to
win as a -212 favorite, but we all know that there is no
such think as a lock so the risk involved may not be
worth the reward. I suggest you listen for those barking
dogs and I’ll bet you have your best MLB season in 2007.
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