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A team must win by two or more runs in order to win the wager. The negative value -1.5 shows a team favored by 1.5 runs. The positive value +1.5 indicates that team is the underdog by 1.5 runs ...
Baseball will list Favorites and Underdogs for that day’s games. The Money Line Odds will show the favorite listed with a (-), and the underdogs will be indicated by a (+) symbol. Most betting sites online, as well as all betting apps, will do the math for you. But it’s a rather simple equation based upon $100 wager.
You’ll see point spreads for those sports, but the most common bet in baseball is the moneyline. You just need your team to win, but will find higher odds on better teams. Dodgers -220
On the +170 underdog, you would bet $100 for the chance to turn a $170 profit if the underdog wins. You have to risk a bit more to back the favorite and you get a higher payout by backing the underdog. That is the way baseball moneyline betting works. Betting on the Moneyline. MLB Runline Odds
Run line betting uses the same odds as moneyline betting. The key thing to know is run line betting will have one more number than moneyline betting: the run line. Let’s use an example similar to the one above but with the run line included: Dodgers (+160) -1.5. Giants (-140) +1.5.
Using Major League Baseball Odds to Your Advantage The great part about the ML is that when you bet on underdogs, you can decrease the percentage of games you need to pick correctly to show a profit. For example, if you wager on 100 games with an average line of (-130), you would need to score on 58% (58 of 100) of your bets just to turn a profit, betting $100 per game.
The reason is that baseball odds – and the most popular form of MLB betting – focuses on moneylines. Instead of a point spread, MLB odds adopt a different way to represent the line. Rather than the Boston Red Sox being favorites by 1.5 runs (meaning they have to win the game outright by two runs to win the bet), they are -180 baseball moneyline favorites.
See more videos for Baseball Betting Lines