Wednesday, March 20, 2024

Baseball Betting Strategies – Betting on the Underdog

Baseball is a popular sport around the world and it is especially popular in North America and South Korea. This is probably because in the MLB, fans get to enjoy 162 games of pure action per season.  With the MLB season starting next week, now is the time to brush up on your baseball betting skills. To help out, we give you our Baseball Betting Strategies that will help increase your total baseball betting profits.

According to sportsbook pay per head reviews, betting on baseball is slightly different then betting on other sports.  This is because instead of a point spread it uses a run line.  Thus, betting odds are balanced by the number of runs and not by points.

According to various baseball betting tutorials, there are many approaches to betting on baseball.  In order to not confuse anyone, our Baseball Betting Strategies this time will only deal with betting on the Underdog.

Betting on the Underdog

Betting on the Underdog is not a new strategy in the world of sports wagering.  However, it is especially effective in baseball because of the various baseball wagering odds and variables. This is due to the large gap between the best baseball teams and the worst baseball teams.  This applies to both the KBO and the MLB.

The Underdog betting strategy is to look for baseball betting odds that are not priced correctly and exploiting them. Depending on the odds, you will often find that betting on the underdog will result in 50% high profits then betting on the favorite.

Here is an example on how it is more profitable to bet on a baseball underdog.  If you bet on teams who average out to +130 underdogs, you only have to win 44% of the time to break even. Thus, if you win 50% of those types of bets you will make a profit.

Pick a team that won by three runs or less

Baseball teams that won against a better team usually perform better in their next match. Now, to exploit this boost in performance and confidence find an underdog that meets these criteria. The next step is to find a team that won by three runs or less and bet on them.

An underdog team that can win with a low scoring game means they have a good and reliable defense.  However, sportsbooks often neglect that aspect making the odds more profitable for you.

For those thinking about profiting from baseball by becoming a bookie, here is a good tutorial on How to Open a Baseball Betting site. It’s a pretty good tutorial that easily explains the steps to starting a baseball sportsbook.

Bookie Pay Per Head Service