Major League Baseball Wagering - Part II

Author: Freelance Writer

| Posted: 04-06-2006 | Comments: 0 | Views: 225 | Rating: (50)

(?)

Related Videos

Play

How To Play Baseball: Texas Leaguer Drill

Learn the texas-leaguer-drill in order to improve your baseball...

Play

Learn How to Coach Baseball: Underhand Catch

Learn how to teach Youth League Baseball players a drill for an...

Play

How to Coach Baseball: Catch And Turn

Learn how to teach Youth League Baseball players a drill for a...

In Part I of Major League Baseball Wagering, we discussed many of the basic principles regarding betting, and we considered simple wagers that you could make. We learned how to read game lines and looked at some examples of typical and popular wagering opportunities. We now know how to use this information to intelligently wager on Major League Baseball (MLB). Now we're going to take a look at more complicated types of wagering, including MLB futures, parlays, multiples, round robins and teasers.

MLB futures are appropriately named. You are betting on something that is fairly far down the road. A typical futures wager would be putting money down in May on which team will win the American League pennant or which two clubs will play in the World Series. Futures bets are placed on an outcome and not a single game and typically that outcome will not be decided tomorrow or the next day. You may make a futures wager that the Yankees will win the AL East when they are three games up with four to go in the regular season, but such a bet isn't going to have a very big payoff. The point is that with futures you can generally get much higher odds prior to the start of or early in the season when the outcome is difficult to determine. When the result starts to become clear or fairly certain, odds begin to even out.

Parlays are multiple bets placed with a single wager. You have to win them all, or most of them in some special cases, in order to collect. Single parlays are defined as multiple bets within the same sport. A single multiple or single parlay is defined as where, in order to win the wager, all selected bets within the combined bet parlay must win.

Some define single parlays and "multiples" differently, so don't assume that every sportsbook will use the same terminology to refer to parlays. Research the site's betting rules and policies before wagering. By combining bets into a parlay, you can increase your possible winnings, but keep in mind that these aren't easy to hit. Many sportsbook sites have restrictions on what you can combine, and how you can combine them.

For example, some sites won't allow a pay-off on "related" wagering. If you wager the Cubs to win outright in a game and also wager they will win 2 - 0 (exact score), you may only be able to collect on one of these, because they are related. The Cubs winning by 2 - 0 also means they win. If you had a parlay formed in this way, it may not only pay on only one of the two, but the bet may be declassified from a parlay to a straight bet, which further decreases the winnings. Single sport parlays generally give two to two-and-a-half to one on a single sport parlay double; two bets within the same sport, yet unrelated. A single sport parlay triple, which is three bets parlayed into one wager, generally pays approximately six to one.

Multiple parlays, also known as all ups and accumulators, are classified as multiples or multiple bet options. This simply means that the parlay classified as a multiple always combines picks from two or more different sports. By selecting two or more single bets from two or more different sports, and then combining them, you create a multiple wager. The beauty of this type of wager is that you can get high odds on your possible return. Keep in mind, the odds are high for a reason. The outcomes aren't easy to predict.

A round robin, or boxed multiple, is another way to wager on a number of events, or several outcomes of the same event at one time. With this type of single ticket wager, you "box" several contests or outcomes. Thus, you are wagering that at least some of your chosen combinations will beat the odds.

You can actually "box" all possible combinations in some cases. If at least two of your multiple combinations win, you win. With a boxed multiple, you must think about the most likely combinations that could produce at least two, preferably more, correct outcomes.

For example, you wouldn't want to box exact score on the Padres versus Giants game in nine different combinations because it is only possible for one of the exact scores to be correct. With a boxed multiple, the more combinations you choose correctly, the higher the return. In this case, one multiple wager can produce a larger than usual dividend on your investment. Again, as in parlays, and for baseball wagering, beware of related wagers and policies surrounding your boxed multiple choices.

Teasers are multiple selections of two or more outcomes on a single event. Every sport has its own point range and rules for teasers, but generally speaking, the point totals are varied in a way that may favor the bettor. For example, if you are looking at possibly placing a wager on an over/under on total runs scored in the Red Sox vs. Yankees game, you may want to consider going with a teaser instead. If the straight bet over/under line is 6, you can move the line on a teaser higher or lower, depending on what is offered and your prediction. Teasers can also function on point spreads to possibly give the bettor an advantage. Usually the point spread is decreased for the favorite or increased for the underdog. Generally, a more favorable wager will cost you more, but it can dramatically increase your chances of winning.

Wagering on MLB is akin to an art. No one has a crystal ball when it comes to wagering, but there are predictions that can be made correctly based on experience, information and logic. If you want to get beyond the single straight bet mode of wagering, think about why you would choose a particular straight bet. Extend your logic and expectations from there. If you predict a win for the Diamondbacks against the Dodgers and you feel they will beat the spread, ask yourself why. Is it because of the starting pitchers? Possibly you're basing your prediction on recent run totals that have been tallied against similar teams? When you start analyzing the reasons a straight bet makes sense, you can start to see how this information can be efficiently used to place wagers on MLB futures, parlays, multiples, round robins and teasers.

Rate this Article:

Current: 0 / 5 stars - 0 vote(s).

Article Tags: Online Sports Betting

Article Source: http://www.articlesbase.com/baseball-articles/major-league-baseball-wagering-part-ii-32756.html

Print article

Send to friend

Publish this Article

Author feedback

About the Author:

This article was written by FR Penn for http://www.canbet.com. Canbet.com is an online sports betting website that offers Sportsbook, Poker Room and Casino products. Article reproductions must include a link pointing to http://www.canbet.com.

Submitting articles has become one of the most popular means of generating quality backlinks and targeted traffic to your website. Join us today - It's Free!

Article Comments

Add new Comment

Online Gambling: Legal or Illegal?
By: Jim Pretin | 30/01/2007 | Online Gambling
Online Gambling Articles, Learn about how online casinos are the online version of land-based casinos. They allow you to play casino games through the Internet.

The Mets will have it wrapped up by the All Star break!
By: Bob Acton | 16/06/2006 | Online Gambling
Online Gambling Articles, Learn about how online casinos are the online version of land-based casinos. They allow you to play casino games through the Internet.

Tigers Begin Second Half Against Pathetic Royals!
By: Bob Acton | 12/07/2006 | Online Gambling
Online Gambling Articles, Learn about how online casinos are the online version of land-based casinos. They allow you to play casino games through the Internet.

Is Ozzie Going To Blow A Gasket?
By: Bob Acton | 27/07/2006 | Online Gambling
Online Gambling Articles, Learn about how online casinos are the online version of land-based casinos. They allow you to play casino games through the Internet.

What's On Tap? a Whole Lot of College Football?
By: Bob Acton | 29/08/2006 | Online Gambling
Online Gambling Articles, Learn about how online casinos are the online version of land-based casinos. They allow you to play casino games through the Internet.

Online Sportsbooks Should Offer Lines On Who Gets in Trouble Next!
By: Bob Acton | 02/10/2006 | Online Gambling
Online Gambling Articles, Learn about how online casinos are the online version of land-based casinos. They allow you to play casino games through the Internet.

Online Sports Betting Secrets: Knowing When NOT To Bet
By: David James | 09/11/2006 | Online Gambling
Online Gambling Articles, Learn about how online casinos are the online version of land-based casinos. They allow you to play casino games through the Internet.

Online Sports Betting Tools - What Every Bettor Needs to Make Money and Beat Online Sportsbooks
By: Bruce Goldmayer | 15/01/2008 | Online Gambling
Online Gambling Articles, Learn about how online casinos are the online version of land-based casinos. They allow you to play casino games through the Internet.

Got a Question? Ask.

Ask the community a question about this article:

Q&A Powered by:

Latest Baseball Articles

Tampa Bay Devil Rays Credit Card Has Fans Cheering
By: College Credit Builder | 11/10/2008
In light of these difficult economic times, citizens across the country are seeking credit cards that offer low interest rates, no annual fees, and valuable rewards that can be earned and redeemed within a short period of time. In addition to these requirements, credit card consumers are seeking something that they can really cheer about. The Bank of America® Extra BasesTM Mastercard is just that - a credit card that that can be customized to prominently display the MLB baseball team of the ap

Boston Red Sox Team Logo Credit Card is a Hit!!
By: College Credit Builder | 11/10/2008
During these trying economic times, consumers across the country are seeking credit cards that offer low interest rates, no annual fees, and valuable rewards that can be earned and used within a short period of time. In addition to these requirements, credit card consumers are looking for something that they can cheer about. The Bank of America® Extra BasesTM Mastercard is just that - a credit card that that can be customized to prominently display your favorite MLB baseball team.

Herbivores Welcome
By: Marcus Robbins | 07/10/2008
People tend to associate sports with meat. However, there are some athletes and other sports personalities who don't want meat on their plates.

Toronto Blue Jays Baseball Tickets Available
By: Jeff | 05/10/2008
Based in Toronto, Ontario, Canada -the blue jays are the professional baseball team that was established back in 1977 when it was part of the American league east division...

Detroit Tigers Baseball Tickets Available
By: Jeff | 05/10/2008
Based in Detroit Michigan - the tigers are a professional baseball team that is considered to be one of the oldest in the AL as it was established back in 1894...

Cleveland Indians Baseball Tickets Available
By: Jeff | 05/10/2008
Based in Cleveland, Ohio - the Indians are a professional major league baseball team established back in 1901. The team was named the Indians because of the request made by the club owner...

Chicago White Sox Baseball Tickets Available
By: Jeff | 05/10/2008
Based in Chicago, Illinois - the White Sox is one of the oldest professional baseball teams in the AL, the team was established back in the 1900s when it was known...

New York Mets Credit Card: Let’s Go Mets!!
By: College Credit Builder | 04/10/2008
Bank of America and Major League Baseball® are offering baseball fans an exciting new opportunity to show their team spirit by carrying the New York Mets team logo credit card (www.metscreditcard.com).

More from Freelance Writer

Discount Vitamins Help To Lower Cholesterol
By: Freelance Writer | 17/07/2007 | Medicine
Doctors rarely suggest discount vitamins and herbal supplements as an option to lower cholesterol levels. Many within the medical community are sometimes too quick to prescribe expensive prescription medication for people having problems lowering their cholesterol through diet and exercise alone. These medications typically come with many troublesome...

Liquid Versus Tablet Discount Vitamins?
By: Freelance Writer | 16/07/2007 | Medicine
Back when moms made their kids swallow their Castor Oil, vitamins were usually delivered in liquid or tincture form. Modern times increased the popularity of pills, capsules, and even injections for B Vitamins, but which is the most effective delivery system? There are people who can't take pills, but is...

Tips For Storing And Handling Vitamins
By: Freelance Writer | 19/06/2007 | Medicine
Most consumers today automatically believe that storing discount vitamins in the bathroom medicine chest is the norm, only to find out later that it is actually one of the worst places to keep them. Supplements and vitamins are comprised of a variety of ingredients, and if not stored properly, can...

Are Organic Discount Vitamins Healthier?
By: Freelance Writer | 19/06/2007 | Medicine
As organic foods and juices become more popular, organic vitamins are also showing up on shelves and web sites. Consumers obviously appreciate the absence of dangerous pesticides, foods in their more natural state, plus more careful processing, but are organic supplements worth the extra price? Even with the organic discount...

Minerals And Metals Are Important For A Healthy Body
By: Freelance Writer | 19/06/2007 | Medicine
When browsing online for discount vitamins it is important to consider what our body requires and where exactly our diets are lacking. Our bodies use many chemical elements for many different functions and it is important to replace these elements since they gradually wear thin with our daily functioning....

Discount Vitamins For Healthy Eyesight
By: Freelance Writer | 22/05/2007 | Medicine
In the last ten or so years, the link between healthy eyesight and discount vitamins has grown tremendously. Many think eyesight begins and ends with whether glasses are needed for an individual or not. What we miss paying attention to are the types of diseases, infections and other eye health...

Congressional Threats To Discount Vitamins
By: Freelance Writer | 22/05/2007 | Medicine
Many people use discount vitamins and dietary supplements, but few give them much thought. Nutritional supplements are available at many retail locations as well as online. Without much thought or preplanning, any person can get the vitamins and supplement products they desire. Discount vitamins and supplements are...

Campos Do Jordão, Brazil
By: Freelance Writer | 02/05/2007 | Destinations
If you want to visit a city with a tipically tempered climate but that is located in the tropics then you should visit Campos do Jordão in the brazilian state of São Paulo. It is located more or less in between 3 well known capitals of Brazil: Rio de Janeiro,...

Article Categories

Article Marketing

Article Notepad

Stop Duplicate Content

Term Papers

Need Help?

Sign up for our email newsletter

Receive updates, enter your email below

Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2005-2008 Free Articles by ArticlesBase.com, All rights reserved. (0.15, 17)

Major League Baseball Wagering - Part II

Article Comments

Related Articles

Got a Question? Ask.

Latest Baseball Articles

More from Freelance Writer

Need Help?

Site Links

Webmasters

Business Info

Sign up for our email newsletter