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Baseball Betting: How to Bet Basics |
By Barry Kennedy
 If you know zip about sports yet you still have a desire to gamble, baseball is the easiest sport to wager on. Unlike football and basketball, where you have to contend with the point spreads and other confusing calculations, in baseball betting you merely put your money on the outcome of the game. In addition, the baseball season lasts longer, which means more matches and bigger chances to go home with the winning cash. Here is a step by step guide to baseball betting.
The fundamental difference between baseball betting and other team sports betting, like football and basketball, is that while the latter ones use point spreads, the former uses the money line.
What is a Point Spread?
Point spread is the most common betting type offered in football and basketball betting. The sportsbook spreads the odds of a certain game by taking away points from the favorite team, which is the team most likely to win, and adding points to the underdog, which is the team that will raise a lot of eyebrows if wins.
What is
a Money Line?
In baseball betting, the sportsbook sets the odds purely on the result of the game. In order to even the action, bettors would have to risk a greater amount of money on the favorite and risk less on the underdog. This is called the money line.
For example, if the money line is minus 170 on the favorite and plus 150 on the underdog, then you would have to bet 170 dollars on the favorite in order to earn 100 dollars. On the other hand, if you bet 100 dollars on the underdog, you would win 150 dollars if they would eventually win the match.
The difference between the minus 170 on the favorite and the plus 150 on the underdog is known as the twenty cent line. If the money line was minus on the favorite and plus 150 on the underdog, it is referred to as the ten cent line or dime line. The fifteen cent line is also commonplace in baseball betting.
Sportsbooks also offer total bets and run lines in baseball betting.
1) Total Bets:
These wagers are based on the sum of the runs scored by both of the teams. For example, if the sportsbook sets the over under total of a match as 7, the over wins if the total number of runs scored by both teams is more than 7 and the under wins if it sums up to less than 7.
2) The Run Line:
This wager is the baseball variation of the point spread. When you are betting on the run line, you are betting on whether one of the teams wins by more than one run, which is marked as minus 1.5 or stays within one run, marked as plus 1.5.
Conclusion:
Although the money line makes baseball betting simpler than football and basketball betting, it causes the payoffs calculation to be more elaborate:
1) In order to calculate the payoff when wagering on the favorite you should add 1 to the favorite price and divide it with the favorite price.
2) In order to calculate the payoff when wagering on the underdog you should add 1 to the underdog price.
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Sporting Events in New York
By Erwin Pope
 New York City is most definitely a city that loves its sports and cheers for the home team. New York is probably the best represented city and state in this country when it comes to major league teams. I've never quite seen anything like it but I honestly can't imagine a night when there isn't some sort of major sporting event taking place somewhere in this great city.
The National Hockey League that almost wasn't is back and going strong. New York is represented well by the Ranger's who have made a wonderful deal this year to woo Shanahan away from the Red Wings. They play their home games at Madison Square Garden and have some of the most loyal fans. Even if you're say from Detroit and visiting, and if the Rangers are playing at home then it's the perfect opportunity (assuming you can get a ticket) to drop in and see how Shanahan is adjusting to life in the Big Apple and if he misses life back at the Joe.
Putting hockey aside for now, there are many other professional sports you can enjoy watching while you're visiting New York City. I think there are a few baseball fans in this city somewhere. I say a few because it seems that they had to create two baseball teams in order to contain all the fans. I will say though that these fans are loyal to a fault to the teams they support. The New York Mets and the New York Yankees represent this great city in Major League Baseball and both teams draw loyal support from all their fans.
The amazing thing to me is that the double-teaming didn't end with baseball. It seems that New York City also has two National Football League teams as well. The New York Giants and the New York Jets both represent this fair city to football fans across the country. While I have no favorite or even preference for all these teams and really have no idea how a city can survive with this sort of heated division. Obviously they aren't as rabid as some hockey fans can tend to be or there would be civil war within the streets.
All joking aside, it seems that so far there is only one NBA team and they are the New York Knicks. I won't go into how unfair it is to so improperly represent hockey and basketball because these guys might actually be getting the better end of the bargain-the entire city roots for them, not just half. With so many major sporting opportunities it's amazing that men in this city get anything at all accomplished without carrying a portable pocket television with them at all times.
I don't know about your house, but in my house it's difficult enough to schedule important events in our family lives around one local team for each sport (and we don't even have a baseball team). I can't imagine how women in New York do it. But to all of you women and the men you love, I have to say kudos for supporting your great teams and giving your many visitors such wonderful opportunities to watch our sports when we're away from home too. It's hard to identify one thing about this city that is the greatest but that just may be it.
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