The Online Bookie Betting Guide to MLB Bettors (Plus World Series Odds)
The National Hockey League and National Basketball Association are currently in the playoffs part of their seasons.
The NFL just completed its draft, and although interest in the National Football League will always be high, football bettors won’t start really getting into football until training camps.
That leaves online bookies with precious few wagering options to offer their players. One steady, every day, sport from now until September is baseball.
Understanding baseball betting is the key for per head agents to make a profit.
Check out current World Series odds before a breakdown on future betting, moneyline baseball betting, and run line baseball betting.
2019 World Series Odds
● L.A. Dodgers +450
● New York Yankees +450
● Houston Astros +500
● Tampa Bay Rays +1000
● St. Louis Cardinals +1000
● Philadelphia Phillies +1100
● Boston Red Sox +1500
● Chicago Cubs +1600
● Milwaukee Brewers +1800
● Cleveland Indians +2000
● New York Mets +2000
● Minnesota Twins +2000
● San Diego Padres +2400
● Washington Nationals +2800
● Atlanta Braves +3000
● Seattle Mariners +3000
Future Betting: MLB Strategy
If a player puts money on a team to win the World Series, or their division, or the NL or AL Pennant, they’re placing a future wager.
Future wagers can be extremely dangerous to the health of an online sportsbook because future betting always involves big odds.
The L.A. Dodgers and New York Yankees are favored. If either wins, the payout is 4.5 x the wager, plus the bookie must give the investment, the money wagered, back to the player.
Think about how this can add up.
If the Dodgers win at +450 and a player wagered $300, the pay out is $1,650, with $1,350 in profit. To prevent his, bookies must set max betting limits.
MLB Daily Moneyline Betting
Major League Baseball games take place every year. Baseball teams offer moneyline odds in every game. Betting on the moneyline is the most popular baseball wager.
For online bookies, there’s an inherent danger in offering moneyline wagers.
Baseball teams play 162 games during the regular season. That’s 162 chances for a win or a loss.
Baseball managers don’t try to win every baseball game.
That’s impossible for them to accomplish.
So, instead of trying to win every game, what most baseball managers will do is use specific games to try out lineups, get their bullpen pitchers some work, etc.
Don’t try to handicap managers. Instead, set max betting limits on every MLB moneyline in every game. Use your mass editing tool if you’ve got one.
MLB Runline Wagering
Most pay per head agents won’t see a lot of run line betting action in their sportsbooks. Run line wagering doesn’t happen as often as moneyline betting. However, it is something they should be aware of.
A run line is like a handicap in soccer betting or puck line wagering in hockey. It involves giving up 1 ½ run for better odds or accepting +1 ½ runs for worse odds.
Runline wagering can hurt an online bookie’s business.
Although this is true, bookies can manage run line betting the way they manage moneyline betting. All they must do is set max betting limits.
Keep up-to-date with the World Series odds in order to manage MLB bettors and avoid a disastrous payout. Have the right tools in place with a premium sportsbook management software, like PayPerHead.com.
Right now, PayPerHead.com is offering a $3 per head for 3-weeks deal.
Bookies wondering why PayPerHead is the choice for most per head agents should call 1-800-605-4767.
