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Baseball Wagering InformationSports Gambling Glossary

Baseball Wagering Informations

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Baseball Wagering
MLB Major League Baseball
NCAAB NCAA Baseball

Wagering rules

Winners and losers are official after five innings of play unless the home team is leading after 4-1/2 innings. If a game is called, or suspended, the winner is determined by the score after the last full inning (unless the home team scores to tie, or takes the lead in the bottom half of the inning, in which case the winner is determined by the score at the time the game is called.) Monies will be refunded if the home team ties the game and it is then suspended. Events will not carry over to the following day (unless otherwise specified). We do not recognize suspended games, protest, overturned decisions, etc, for wagering purposes, and all wagers must go the day written, otherwise there is no action and all monies are refunded.

MLB Money Values
Value Favorite UnderDog
10 -105 -105
10 -110 100
10 -115 105
10 -120 110
10 -125 115
10 -130 120
10 -135 125
10 -140 130
10 -145 135
10 -150 140
10 -155 145
10 -160 150
10 -165 155
10 -170 160
10 -172 162
12 -175 163
15 -180 165
15 -185 170
15 -190 175
20 -200 180
20 -210 190
20 -215 195
25 -225 200
25 -230 205
25 -235 210
25 -240 215
30 -250 220
30 -260 230
30 -270 240
35 -280 245
35 -290 255
35 -300 265
40 -310 270
40 -320 280
40 -330 290
45 -340 295
45 -350 305
45 -360 315
50 -370 320
50 -380 330
60 -400 340
60 -420 360
70 -440 370
70 -460 390
80 -480 400

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Exhibition baseball information

In Las Vegas, casinos that post lines on pre-season (exhibition) baseball do not post total runs, nor do they list starting pitchers for each team. In addition, a tie can occur (i.e. 3-3 final score) if both teams are tied at the end of 10 complete innings.

Special baseball rules

  • When wagering on total runs (over/under) the game must go nine innings (8-1/2 if the home team is ahead) to have action. If a game is called, or suspended, the score will be determined after the last full inning (unless the home team score to tie, or takes the lead in the bottom half of the inning, in which case the score is determined at the time the game is called). Rules for the run line wagers are the same as those for baseball totals. Wagers on total runs will be refunded if a pitching change occurs prior to both listed pitchers throwing at least one pitch.
  • Baseball wagers mostly be accepted in the following manner:
    • Action - team against team, regardless of the starting pitcher.
    • Listed - both specified pitchers - if starting pitchers are not exactly as listed on wagering display board, and/or your ticket, your wager will be deemed "no action."
    • One specified pitcher - this is a wager on or against one specified pitcher, regardless of the other starting pitcher. (examples: "Boston versus Helling" for a wager against or "Helling against anyone for Boston" for a wager on)


Note: in the event there is a pitching change prior to the game, money odds may be adjusted. If one scheduled pitcher starts against an unscheduled pitcher, "action" wagers will be computed by the opening price with the new pitcher. A pitcher is deemed a starting pitcher after throwing one pitch.

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FORMULA USED TO FIGURE BASEBALL PARLAY PAYOFFS
Baseball Payoffs and Odds
Equivalent to One Dollar
-1.05 = .95 -1.85 = .54
Combination Baseball Payoffs
-1.10 = .91 -1.90 = .53  
-1.15 = .87 -1.95 = .51
Because of the money line used in baseball, there are no set payoffs for tying a number of teams together in parlays. Payoffs are determined by a simple formula that changes the money line into a decimal number and combines it with the other lines in the parlay. The first step is to change the money line into a decimal. Use the chart at the left for this purpose. For underdogs and even money lines, use exact decimal number,
for example: +135 = 1.35, even = 1.00
-1.20 = .83 -2.00 = .50
-1.25 = .80 -2.10 = .48
-1.30 = .77 -2.20 = .45
-1.35 = .74 -2.30 = .43
-1.40 = .71 -2.40 = .42
-1.45 = .69 -2.50 = .40
-1.50 = .66 -2.60 = .38
-1.55 = .64 -2.70 = .37
-1.60 = .62 -2.80 = .36
-1.65 = .59 -3.00 = .33
-1.70 = .57 -3.25 = .31
-1.75 = .55 -3.50 = .29
-1.80 = .54 -4.00 = .25

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How to Figure Baseball Parlays:
For each price or odds quote on your teams, look at their respective payoffs (to $1) and always add $1 to these payoffs.
Multiply your bet (x)times the products of these payoffs (+$1) for your parlay return.

Example:
Bet $50 on Cardinals (-150)
Parlayed to Tigers (-130)
Bet Cardinals Tigers Return.
(-150) (-130)
$50 x 1.67 x 1.77 = $147.80
Return includes the $50 bet.

Use the same method for any number of teams.
Example:
Bet $75 on Cubs (+120) to Reds (-135) to Mets (even) for 3 team parlay.

Bet Cubs Reds Mets Return.
(+120) (-135) (ev)
$75 x 2.20 x 1.74 x 2.00 = $574.20
(1.00 + 1.20) (1.00 + .74) (1.00 + 1.00)

Return includes the $75 bet. Remember to always add $1 to payoff price to figure all parlays.

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Baseball Wagering
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Casino facts, Sportsbook Reviews, Guide to Gambling SitesFact sheets, Casino Affiliate Programs, Sportsbook Directory 2008-04-06 3:36 PM
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