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HOW TO BET BASEBALL
The payoff on a winning selection varies according to the odds. In Nevada, baseball odds are expressed by a 3-digit “MONEY LINE.” Example:
Team Starting Pitcher Odds Total Giants Marichal +120 Ov - 110 7 ½ Dodgers Koufax -130 Un - 110 In this matchup, the Dodgers are the home team. The home team is always on the bottom unless stipulated otherwise. The line on the Dodgers is -130. The “minus” (-) preceding the number 130 indicates that the Dodgers are the favorite. The plus (+) preceding the line on the Giants indicates that they are the underdog.
All Money Lines are based on $100 unless otherwise specified. A $130 bet on the Dodgers would win $100 for a total payout of $230. A $100 wager on the underdog (Giants) would win $120 for a total return of $220.
The number to the right of the Money Lines in this example, 7 ½, is the TOTAL (the OVER/UNDER). The total is the combined score of both teams. One may wager whether the final score of the game will go over or under the stipulated total. The odds on the total are also expressed by the Money Line. In this example, the odds are -110 on either side. A wager of $11 would win $10, for a total payout of $21.
When betting the OVER/UNDER, the game must go 9 innings or 8 ½ innings if the home team is ahead. Both listed pitchers must start the game or the bet is refunded. All runs scored in extra innings count in OVER/UNDER bets.
NOTE: Called games must go 5 innings or 4 ½ innings if the home team is ahead. If a game goes past 5 innings and is subsequently called, the winner is determined by the score after the last full inning(unless after 4 ½ innings the home team ties or takes the lead. The score at this point will stand). For betting purposes there are no suspended games.
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BASEBALL RUN LINES
We may also offer a “Run Line” alterative for baseball bettors.
The Run Line is Baseball is similar to the Point Spread in other sports, except that the payouts vary according to the money line odds that are assigned to each possible outcome.
Giants Marichal +1 ½ -180 Dodgers Koufax -1 ½ +160 In this example, the Dodgers must win the game by 2 or more runs to be counted as a winner for betting purposes. The odds on this outcome are +160. A $10 wager on the Dodgers would win $16, for a payback of $26.
Betting the Giants on the Run Line, you get 1 1/2 runs. The Giants can win the game or lose by one run and you would win your bet. In this example, the odds are -180. An $18 wager would win $10, with a payback of $28.
The same rules apply to Run Line bets as to OVER/UNDERS. The game must go 9 innings or 8 ½ innings if the home team is ahead and both listed pitchers must start the game.
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BASEBALL PARLAYS
A parlay is a wager that combines several teams into one bet. Baseball parlays are figured based on the money line and not form a table. Simply calculate the payout on the first game and then apply that amount to the next game, etc. Money Line parlays have a maximum payoff of 299 to 1.
THREE-TEAM BASEBALL PARLAY Bet Amount Team A Odds Team B Odds Team C Odds $50 -130 -150 +120 $50 x 1.77 x 1.67 x 2.20 = $325.15 Your total payoff is $325.15 including your $50 wager.
If one baseball game in your parlay is postponed for any reason, the parlay is reduced by one team.se
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Choosing the way to bet baseball
When betting baseball, you have the option of betting team vs. team or specifying that either or both listed pitchers must start the game.
NOTE: Baseball is the only sport in which the odds may be adjusted after your wager has been made. Since baseball odds are predicated on the starting pitchers, any late pitching change may compel an adjustment in the odds. This will increase or decrease the payout on a winning ticket.