| By :
Christine Marie Paguntalan
Since Baseball games are decided by a run or two, it is not practical to have a spread as they do in Football. This is what makes betting on baseball different than betting on football. In baseball, the sports books use a money line for betting. It is also used for other sporting events The money line determined the sum of money laid and the sum of money won when wagering on either the favorite or the underdog. The highest negative money line determines the favorite team, and the lowest negative money line and all positive money lines determine the underdog. The most common case is the underdog with a positive one and the favorite with a negative line. The money line is based on 100usd bet. The money line may look confusing to the novice player betting on baseball for the fist time but it is really easy to figure out. Example of The Money Line: Lets say that the Team A are playing the Team B and the team A are the favorite. The money line may be listed as: Team A -140 Team B +120 In this example, if you wanted to bet on the Team A who are the favorites you would be putting up 140usd and if you win you would collect 240usd giving you 100usd profit. In other words, you risk 140usd to make 100usd. If you wanted to take the underdog Team B you would wage 100usd and collect 220usd if you won. This means that you risk 100usd to make 120usd. The sports books make their money on sports bets by collecting a commission on every bet made. When the favorite team loses, the sports book make their money in baseball betting. In the example above, if the Yankees lost the sports book would make 20usd. They are collecting 140usd for the losing bet but only paying out 120usd for the winning bet. To make it more enticing to bet the under dog, the sports book will adjust the line if one team is heavily favored. Pitching Matters: In baseball the pitchers are the key to the game. The money line in baseball is made based on the starting pitchers for the games. The money line maybe adjusted in the event of a pitching change before the game and an unscheduled pitchers starts. Depending on the pitching, you can bet a baseball game several ways. In the game listed in the above example lets say that the money line was made based on Randy Johnson pitching for the Team A and Tim Wakefield pitching for the Team B. The Run Line: The run line is used in baseball when one team is a big favorite. A number of runs such as 1 and a half or 2 is subtracted from the score of the favorite team. This is the same with the point spread in Football. However, most of the times if you bet on the run line the favorite becomes the underdog. In the example above the Yankees were -140 if you bet them on the money line but they are +110 if you bet them -1 and a half runs. If the Yankees win by only one run you would lose the bet. You win 110 of your wager if they win by 2 runs or more.
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