Whether you are a fan of Major League Baseball or the Korea Baseball Organization, you probably love betting on baseball games. Baseball is mostly a moneyline sport. Also, you can place a run line or prop bet, but they are not that popular. Here are some profitable tips you can use for your baseball betting endeavors.
When betting on the moneyline, you can bet on the favorite or the underdog. However, betting on the favorite means you will win less money. On the other hand, betting on the underdog will payout more than the wager amount.
Baseball has an extended schedule with plenty of games to bet on daily. So if you want to maximize your profits this season, here are some baseball betting tips to help you achieve your goals.
Profitable Tips When Betting on Baseball
The first thing you need to know when betting on baseball is to avoid big favorites. Bookies know that casual fans love betting on favorites. Thus, they capitalize on public bias and adjust the lines accordingly. That means you would not get value when you bet on SSG Landers. When big favorites win, the payout is small. However, you lose big time when they lose.
On the other hand, we suggest taking advantage of plus-money underdogs. When underdogs lose, you only lose the money you wagered. However, when they win, you’ll get significant payouts.
We also recommend betting against the public. Often, the public loses because they base their wagers on gut instinct. The public usually bets on home teams, favorites, popular franchises, and teams with superstars.
Also, the public usually suffers from recency bias. If a team did great in their last game, they’d bet on the team. We suggest taking advantage of artificially inflated odds. Also, you will be at the side of the bookie. And we all know that the house always wins.