FOR OUR PURPOSES WE ARE ONLY
Transcription
FOR OUR PURPOSES WE ARE ONLY
Baseball, like hockey, is a Money Line sport. What that means is there is no point spread involved like you have in basketball and football. There is a ‘spread’ if you bet games on the Run Line, but for our purposes we will only be betting Money Line bets. This might be a bit confusing for some, so let me give an example. You might see a game with a line like this: Team New York Yankees Boston Red Sox Money Line -115 +105 In this example, the Yankees are favored. On the Money Line they are -115; this means you have to wager $115 to win $100. If you bet a game on the Money Line, the team only has to win the game. It doesn’t matter by how much they win by, 1 run or 10 runs, it doesn’t matter – your bet still wins. On the flip side, the Red Sox are +105. This means you would bet $100 to win $105 on Boston. And again, they only have to win the game by a run. If we were going to use the Run Line, that’s where a point spread comes into play. You see the Yankees are -1.5 runs, so they would have to win by 2 runs or more to win a bet on New York. Conversely, the Red Sox are getting 1.5 runs so if they lost by 1 run a bet on Boston would still be a winner. The total means the total runs that will be scored in the game. FOR OUR PURPOSES WE ARE ONLY BETTING THE MONEY LINE SO THERE IS NO SPREAD INVOLVED. IF YOUR TEAM WINS, THEY WIN THE BET. ***For the MLB System we have a radical departure from our normal betting strategies. First, we are less concerned with Winning %, and more concerned with Units Won. That’s Run Line Total -1.5 +160 +1.5 -180 9.5 -110 9.5 -110 for a couple of reasons. There is no point spread involved. And we do wager frequently on Underdogs, so you can have a lower winning % (in fact you can have a below 50% winning %) and still do quite well betting on baseball. The term ‘Units Won’ is explained this way: if you are betting $100 a game, and you are +10 units, then you would be up $1,000. At Sports Betting Professor, I recommend using between 25% of your starting bankroll for each wager. Fluctuations in your standard bet will most likely cause more damage during the lows than it will help during the highs. Many bettors like to stay away from money line-based sports (such as baseball and hockey) due to the extremes in winning percentages, but they can be very profitable. Betting on the underdog in money line sports may give you a lower won loss record, but the payouts for winners will be so much higher that your profits will increase. For example, let’s assume you are a $100 bettor. Say you make 100 bets on underdogs of +145 (this means you are wagering $100 to win $145). If you lose 59 of those bets, that means a loss of $5,900 (59 x $100). If you win 41 bets, you would make a profit of $5,945 (41 x $145). Take a look at that again. In the above example you can win only 41% of your games and still make a profit! Is it a huge profit? No it’s not, but it’s a profit nonetheless – and 41% is a ridiculously low percentage to still be able to make money at. In the traditional point spread sports, the percentage you need to make money is 52.7%. The second big difference with the MLB system compared to my other systems is that you will not be doubling up your bets, ala the Bet A, Bet B, Bet C formula. You can get some astronomical bet amounts if you were to carry over in this manner with Money Line bets. Baseball is a different animal, and at the end of the day the point is to make $. So with the Money Line factor, we’re just looking to turn a profit and we’re not worried so much with win % due to the fact we’ll be frequently betting on Underdogs. We have been tracking these statistics for the last 15 years in Major League Baseball. In the course of our research, we have determined that public opinion plays a large part in the success of our baseball system. People LOVE to bet the chalk (or favorites) in MLB. While betting on favorites might give you a higher winning percentage you might not win money - which is the whole point of this exercise! Betting on teams like the Yankees will consistently put your odds in the -200s or higher. If you average odds of -200, you would need that team to win 67% of the time to break even. If your average odds go any higher, you’ll need to win 70% or more to not lose money! For example, if you wager on the Yankees every game of the season (162 games) and they average -200 odds for the season, you would need them to win 109 games just to break even. To turn any substantial profit you would need them to break the single-season win record (116). What are the chances of that happening? Something else we also discovered was that in general, home teams are severely undervalued by the public. The system relies on whether or not a team is Home or Away, and what the Betting Percentages are. Here is the MLB System in a nutshell: Betting % 50% 40% 30% 20% 15% Home +103 units +91 units +64 units +20 units +28 units This is how you read the chart. In the above example, betting the Home Team that receives less than 30% of the public betting action (this means the Visiting Team has more than 70% of the public action) results in +64 units for the bettor. This means a $100 bettor would be up $6,400! For another example: Betting on the Home Team that receives less than 50% of the public betting action (this means the Visiting Team has Visitor -54 units -30 units +13 units -4 units -5 units Total +49 units +61 units +77 units +16 units +23 units more than 50% of the public action) results in +103 units for the bettor. This means a $100 bettor would be up $10,300! The only situation where we want to bet on the Visiting Team is when they are receiving less than 30% of the betting action. That level produces +13 units. Now I am able to access this information through my contacts in the offshore sports betting industry, which I was a part of for over 8 years. But instead of trying to rely on contacts you don’t have, that’s OK – you don’t have to. If you would like to access this percentage information yourself, there’s only one website in the world that I know of that has it: Sports Insights Not only do they have betting percentages on every game, they also have the quickest line updates in the world. They’re faster than Don Best, faster than G & J, and they’re much, much cheaper. This site is a must for every serious gambler, so even if you get my picks I’d suggest taking a look. Click here to take a look at Sports Insights As I mentioned above, Home Teams are truly undervalued by the betting public in MLB. Remember, to be a successful bettor takes discipline and patience. There will be days when no games fit the parameters of the system. That’s OK; we’re not ‘chasers.’ Only this discipline can guarantee profit at the end of the season. All the best, Rich Allen Rich Allen
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