I’m actually quite ignorant about this type of thing and really can’t make sense out of this page of baseball odds or this one on baseball “futures”.
Can you give me a brief explanation, please.
Much obliged!
The “Money Line” tells you what you must bet in order to win $100. For example, in the linked page for May 5th, the KC Royals (one of the worst teams in baseball) plays the Chicago White Sox (one of the best) in Chicago.
The line reads Chicago -270. That means that in order to win $100 betting on Chicago you must wager $270. In this case you bet $270, and if Chicago wins, you get back $370. In the case of KC, the line is +230. This means that a $100 bet on KC, assuming they win, returns $330 (your original $100 plus $230).
The futures bets indicate the return on a $100 bet if your team wins the World Series. If you bet $100 on KC and they win the World Series, you win $25,000. If you bet on the Chicago WS, and they win, you only get $700.
And by the way, Kansas City won 5-4. You have to be really knowledgeable to win regularly betting on baseball.
And one more thing -
The “totals” - where you see 9, 9.5, etc. are simply the total number of runs scored by both teams in the game. You bet either that the total will be more than, for example, 9, or less than 9. In football this is known as the over/under.
To reinforce my previous point, the total for the KC-CWS game was 9, just as the line was set. In this scenario, all bettors lose since the total was neither over or under.
All bettors lose their money or bet is just returned with no winnings. Betting under an environment where you picked the winner but “not enough points were scored” seems a little stupid.
ok ignore me…need to stop posting at 1am…