MLB Props Betting Explained – Types of MLB Betting

When it is baseball, we know the season is going to be power-packed with its 162 games per team. Along with the excitement of the MLB season, the MLB prop bets are also on the top of the list of the bettors. Be it new or old bettors, the excitement and challenges that come with the MLB prop bets are unmatchable and the bettors wait for it every year. There are many types of MLB bets where the bettors have numerous options to choose from.

So, if you are a newcomer, do not hesitate or get nervous as the MLB prop bets got you covered. All you need to understand is that baseball is a trendsetter and you must follow and acknowledge it to be in the game. If you know the latest trends, be sure that you will win some good cash. One wrong step and you could end up with nothing and you don’t want that! Well, that is why this guide will help you understand the types of MLB betting that you can understand and choose from. Follow through as you are not going to regret it!

#1 Run Line Betting

If you have already been betting for other sports like the NBA or NFL, then you must be aware of the point spreads. In MLB the run lines are the other form of the point spread. But the run is always going to remain at 1.5 runs, unlike the point spread that can change anytime. The favorite team must win the game by more than 1.5 runs so that you can win the bet and the team that is the second-best must lose the game by less than 2 runs so that you can win the bet. So basically, run lines are the bets where you bet on that team which you think is going to perform well but, in the end, might lose the game.

#2 Money Lines Betting

This type of betting is considered the easiest and the most popular one. All you need to do is pick a team that is a champion and you will win the bet. In this type of bet, the odds are allocated based on the forecast of how much are the chances that each team will clinch the victory. If the bet starts with a 100 then it means that both the teams have equal chances of winning the game and then the number is assigned to each team. If Miami Heat is +150 over the Raptors and if the Heat win, then if you have wagered $100, you will not just get your $100 back but also you will win $150.

If you are a newcomer and you go for money lines then you might find it confusing, but once you know the favorites and the tricks, things will be super easy for you.

#3 Over/Under Betting

MLB games can be unpredictable and sometimes even if you bet on a winner, you might see the tables turning. Therefore, in that case, you can wager on the totals which are also known as over/under. By forecasting the totals, you can bet whether the combined scored by the two teams will be over or under with a number of the set total. For instance, if the game total is set at 8.5 then you can bet for the score to be under 8 or fewer. But if you think the other way around then you can wager for over 8 if more runs are being scored.

#4 Series Betting

This type of betting is about the postseason MLB. So, when the season is taking place, you predict the winner and if that team wins the series then you win the bet. That is why the series bets have gained a lot of popularity as it adds more value to the world and playoff series. The odds are already set but everything works on the probability of every team that would win the series.

There are several other popular bets like proposition bets, parlays, first five innings to name a few. But the above mentioned are the most popular ones among the bettors. So, if you want to broaden your canvas of MLB prop bets, here’s your chance!