Basic Odds Explained
Sports odds represent the chance of a specific event or outcome occurring in a game. In most cases, sports odds are expressed via American odds. American odds are expressed as a negative or positive numbers based on a default bet of $100.
The higher the positive number, the higher the potential payout. For example, if a team’s odds are +150, then a bettor would win a total of $250 in the event of a win, earning a profit of $150 and getting their initial bet of $100 back.
Meanwhile, negative odds represent how much a bettor would have to wager to turn a profit of $100. For example, if a team’s odds are -150, a bettor would need to wager $150 to win a $100 profit. In the event of a win for a team with -150 odds, the bettor would get their initial bet of $150 back plus an additional $100.
Props & Futures
The most common baseball wager is a moneyline bet, which simply relies on which team wins the overall game. Point spreads (known as the run line in baseball), Over/Unders, Same Game Parlays (SGP), First Five Innings, and Grand Salami wagers can also be made in any baseball game.
However, the most common bets aside from moneyline bets are props and futures. Props (short for propositions) can be placed on a specific player or team. These bets focus on a particular part of the game, such as how many hits a favorite player will make. Props about the entirety of the game can also be placed, such as how many home runs will be hit in the entirety of the game.
Futures are wagers based on the outcome much later in the MLB season. Betting which team will make the playoffs is a popular futures bet, along with placing a futures bet on which team will win the World Series. Other futures can be made based on the performance of a single player, such as betting on who will be named the Most Valuable Player for the year. Futures are usually associated with much bigger payouts as they go on for longer and are naturally much more challenging to accurately predict.
Which Social Casinos & Sweepstakes Offer Baseball Betting
Many social casinos offer a variety of both team and individual sports. However, it is imperative to find a good, reputable social casino. It is best to find a trusted site that reviews social casino baseball betting. Sites such as Sweeps Casino are an excellent source for finding the best sites to get into social casino betting.
Some of the best social casinos that offer baseball betting are Sportzino Social Sportsbook & Casino, Thrillz, and Fliff. These social casinos not only offer great welcome, no-deposit, and daily login bonuses, as well as tons of other casino games in addition to their sportsbook options.
These social casinos operate via a sweepstakes model and offer two different currencies: one currency (usually called “gold coins”) that has no monetary value and a secondary currency (usually called “sweeps coins”) that can be exchanged for real prizes.
