For brand new bettors, taking a look at the chances for the long list of MLB baseball games on any given day could be more intimidating than looking at a full slate of Sunday NFL activity, especially if you’re looking at the moneyline.
Most people are familiar with the notion of a point spread and determining whether a specific team is going to win by a certain number of points, and betting the moneyline is much simpler. When you are betting on the MLB baseball moneyline, you are simply attempting to pick the winner of the sport.
In this article, we’ll clarify that the baseball moneyline in greater detail, as well offer you a few straightforward suggestions to use for your benefit when you decide to bet on the moneyline!
The Baseball Moneyline, in Action
The following graph is a picture of National League baseball games. There is more than 1 moneyline only because the reference picture shows chances from more than one bookmaker. Across sportsbooks that are online, chances vary Obviously.
In general, moneyline favorites are listed as a negative amount (-) along with the underdogs are recorded as a positive amount (+). If both groups have negative amounts attached to them, the number closer to 0 should be considered the favorite.
From the chart above, we see that that New York Mets (NYM) are approximately -150 favorites within the Giants (SFG), who are at approximately +155.
In practice, that -150 number simply suggests that, in order to win $100, you have to wager $150 on the Mets. If the amount is positive, like the one next to the Giants (+155 or so), it signifies how much you will win on a $100 wager.
That is all there is to it! If only choosing the winners was as simple as comprehending the cash line.
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