Avoid these 5 Mistakes when Betting MLB
Bad betting habits are a losing proposition. They stick to your mental thought process and stay around to obscure your clear thinking. Keeping costly habits in perspective saves money. Your MLB, NFL, NBA and other sports betting picks should be based on betting trends and basic betting rules.
Mistakes to avoid when betting baseball
Some bad baseball habits makes it impossible to win on a consistent basis. They work sometimes in your favor but are not a standard handicapping tool. Stop betting too many favorites. Getting stuck on the favorites is a typical bad betting habit. Betting MLB picks at -160 or -170 will deplete your bankroll over the long run.
Eliminating this habit will save you a lot of juice on the moneyline. Losing baseball teams do win around 40% of their games over the long season. Top team favorites win about 60% of their games. Making money betting favorites happens in the short run when teams win 5 or 6 games in a row. Losing betting trends can follow if you assume too much. Online database systems are a good tracking tool for following baseball betting trends.
Baseball is a game of streaks. The worst teams in the league do win 3 or 4 games in a row as a nice dog. One of the biggest habitual mistakes is playing the “due factor”. This habitual tendency is to bet against the winning streak to continue. Staying on a winning streak is the best way to insure profits.
Betting trends are common
Bad teams can go two weeks winning 10 out of 12 games before they level off and stay below a 500 winning percentage. This is a betting trend to follow for your MLB picks. There are more betting trends in MLB than other sports because of the long season.
When top teams lose 3 in a row, do not assume they are due to win their next game.
The common costly habit of betting the favorite starting pitching too many times will fluctuate back and forth with wins and losses.
The exception is learning to bet the dog with good starting pitching or take the +1.5 runs with a close pitching match-up. The starting favorite pitcher usually goes 6 innings so you need to factor in the bullpen. Great pitching can dominate but still lose a close 2 to 1 game.
Stuck on old trends
The costly habit most bettors follow is the past reputation of an aging starting pitcher who lost some velocity on his fastball. You need to eliminate last years performance and focus on his current form. If you have a big favorite who is struggling over his past few starts, pass on his next start.
Another costly mistake is the attraction the public feels for the high scoring team with a potent lineup. A lot of public bettors assume that scoring runs from star hitters equals wins. People love homers and runs batted in but it does work both ways. How many times do high scoring teams put up 8 runs and lose.
The betting public will bet the big name sluggers and inflate the moneyline. Smart bettors look for this type of value and bet the dog for a nice inflated line in their favor. Good pitching beats good hitting and great lineups do get beat by effective pitching and sound defense.
Baseball betting patterns
A costly habit to avoid is neglecting the home/away series that all teams go through and inter-league play. Search back to the last series and those previous results will be helpful for the same teams playing each other again. If either team lost in a sweep (happens a lot), they will pay it back with a sweep of their own.
Home and away series of 3 to 4 games is unique to baseball and exposes a pattern of play. Be aware of what happened in earlier match-ups. Baseball patterns are very real and are the best handicapping tools to utilize.
Selective parlay betting
Any parlay betting on any sport is when you combine two or more bets together. A two or three or four team parlay can be a combination of moneylines, spread lines, run lines or totals. A nice payoff if you win every pick. One loss and you lose the parlay. Hitting a parlay at 6 to 1 for 3 teams is a popular bet but a harder wager than betting games individually.
Betting baseball parlays has more options than other sports because there is no point spread or time clock. Baseball parlays can pay out a little more with true odds calculations. A good basic 2 team parlay can take place in one game. Usually betting the moneyline with the total runs in the same game is a sound betting parlay without having to pick another game.
Betting favorites with the under runs is a good option when the schedule of pitching and team matchups are favorable. However, getting good value with the underdog at +140 or +160 with the over total at -110 or -115 will be a nice payoff. A $20 parlay with odds of +140 and -110 pays net $71. How to use an anchor team with other teams is a multi parlay with an edge.
Calculating your action
A two piece betting parlay payout is based on the odds on the first half of the parlay. Winnings are shifted or “parlayed” onto the second half parlay bet. Betting a dog at +130 for $100 parlay becomes $230 if it wins. If your second selection is a heavy favorite at -200 and it wins, your payout is $230 divided by 2 to 1 which equals $115. That is added to the $230 for a $345 total.
Your net profit is the $345 minus your $100 parlay bet to equal $245 net profit. The basic principle of a parlay is a piggy back effect. A risk reward proposition but different than other prop bets.It is used in everyday betting angles by bettors looking for a bigger score. Sportsbooks offer parlay betting on most daily betting schedules.
Mostly used during NFL games when the general betting public loves the favorite and over parlay on certain teams. However, the payout is usually close to a smaller calculation. With baseball, you are getting a better payout when a +140 or +160 dog wins and that money is parlayed to another dog or favorite.
Finding a parlay calculator online is easy with quick results
Parlays are often considered a suckers bet and only amateurs bet parlays. Filling out parlay cards with the hope of winning a 5 or 6 team parlay is a suckers bet. However, limiting a parlay with a 2 or 3 team combination can be a good hedge strategy. Check online for with parlay calculator tool to get actual payouts.
When you win the first part of your parlay, you have the option or hedge the second part of your parlay. If the numbers are right, you can bet on the opposite side of your parlay bet and squeeze out a smaller profit or limit your losses.
In baseball, the most profitable parlay is using the run lines on an early game with a later game. Laying the -1.5 runs at +140 or +150 will be a nice payout if the second game wins. You can cover or hedge the second game with bet options if there are odds changes or a live betting opportunity happens during the second game.
Run line strategy
The run line occurs about 70% of all games played during the baseball season. Previous years stats show teams play about 50 one run games give or take 4 games either way. That leaves about 30% for one run games. Hedging parlays is a good strategy to lock in profits or control your perceived losses without to much damage.
The best tip to winning on any sport is discipline. The biggest mistake most gamblers make is betting too many games. Do not get greedy after a winning streak and bet more money and more games. Wait for your selection spot.
Baseball gives you a good view in a 3 or 4 game series set. You can afford to wait for that opening game results in a series. You do not have to bet the whole series. Do not chase your losses and look for team trends and streaks.
MLB betting differences
MLB run lines are a different betting format than the NFL, NBA and NCAA spread lines. Most bettors and fans are accustomed to seeing the point spread on the board. MLB odds are money lines, run lines and total run amount for over and under. Sports bettors use money lines rather than point spreads.
Just picking the winner without the need to cover the spread is a basic money line bet. More money is at risk when betting a baseball favorite. Laying -130 to -180 is a common money line bet in baseball. You can bet the money line in football and basketball under the same concept — just pick the winner. Money line juice can put a dent in your bank-roll chasing a losing streak.
Baseball has some betting patterns which develop over a long season. There are more winning and losing streaks every month by most teams. Weekend sweeps are very common when pitching rotation is in place. Baseball betting strategy has different angles based on dominant pitching (can be a big advantage) or a hot hitting line-up. Relief pitching and other patterns of play can produce winning streaks from 4 to 10 games on average.
Find your baseball betting options
Another distinctive strategy revolves around the +1.5 run line on the dog and –1.5 run line on favorite. Some bettors look beyond the money line and ask themselves if a match-up is going to be a two run plus game. Picking the winner first is your priority and laying the 1.5 runs is your next option. The plus money odds laying the 1.5 runs should be part of your MLB picks. A distinct betting option that pays more than you risk.