Sports betting explained for dummies

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The minus sign denotes the favored team, much like we see with a point spread, and means that you must risk $250 for every $100 you want to win. So if the New York Yankees are playing the Detroit Tigers, the Yanks might be -250 favorites. Here are the basics for betting baseball: Money lineīaseball betting primarily revolves around the odds for a team to win, also known as a money line. Baseball betting requires a little more math but it is less confusing and intimidating than many realize. If the favorite wins by exactly five points, bets placed on either side are refunded. A bet on the underdog necessitates that team to win the game or lose by four points or less.

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If you bet on a team that is a five-point favorite, that team must win by at least six points for you to win the bet. And with a full 162-game season on tap, there are plenty of betting opportunities.įootball and basketball make life easy for bettors, as a point spread is the great equalizer and fairly easy to follow. With legalized sports betting available in 27 states (and Washington), America's pastime may induce more bettors than ever before. The basics of betting baseball: A beginner's guide You have reached a degraded version of because you're using an unsupported version of Internet Explorer.įor a complete experience, please upgrade or use a supported browserĭoug Kezirian, ESPN Sports Betting Insider

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