How To Place A Bet On The World Series
Posted By admin On 25/03/22- How To Place A Bet On The World Series Winner
- How To Place A Bet On The World Series Wins
- How To Place A Bet On The World Series Cancelled
Betting on the Super Bowl is an easy thing to mess up if you don’t know what you’re doing or understand the terminology. Should you take the three points and bet on the Tampa Bay Buccaneers? Will the Kansas City Chiefs win by more than three?
The World Series always brings out plenty of new American bettors, so I wanted to add this page to help anyone interested in betting on the World Series from the US. On this page I’ve outlined our top rated betting site, looked at the World Series odds and betting options and provided a simple 3 step guide you can follow to bet on the 2020. When betting the point spreads on any given World Series game, there will be a favorite and an underdog, and the oddsmaker will release the lines showing what the projected spread will be. If the spread is -2.5/+2.5 that means that the underdog will have to win the game or lose by less than 2 runs. World Series Betting Sites. One of the most popular sports to bet on is Major League Baseball, and everything culminates yearly with the World Series in late October. The World Series is a best of seven series with the top teams from the American League and National League duking it out for World Champion rights.
Can the Buccaneers beat the Chiefs straight up? What the heck is a total?
Sports betting may seem relatively easy. You may think you don’t need help. But do you want to put your money at risk over a procedural error or misunderstood terminology? Here’s a guide to help you understand betting before you place your wagers.
Sports Betting Terminology
The betting line tells bettors the odds for a game and will give three betting options— the point spread, the moneyline, and the total (over/under):
| BetRivers | Point Spread | Moneyline | Totals |
|---|---|---|---|
| Kansas City Chiefs | -3 (-117) | -162 | O 56.5 (-112) |
| Tampa Bay Buccaneers | +3 (-105) | +143 | U 56.5 (-112) |
| FanDuel | Point Spread | Moneyline | Totals |
|---|---|---|---|
| Kansas City Chiefs | -3 (-120) | -166 | O 56.5 (-110) |
| Tampa Bay Buccaneers | +3 (-102) | +140 | U 56.5 (-110) |
As you can see, the odds are similar between the two sportsbooks, but they have some differences. That is why you should always ‘shop around’ for the best odds before putting some money down. But to tell who has the best odds, you need to know what they are.
Moneyline
When you are betting the moneyline, you are picking one team to win the game. Rather than give or take points to level the playing field, sportsbooks increase the amount you can win if you bet on the underdog. Consequently, you will win less betting on the favorite.
How can you tell how much you will win?
That is what the moneyline is for. The three-digit number will be preceded by a (-) for the favorite and a (+) for the underdog. Bet the moneyline on the Buccaneers at BetRivers, a $100 bet wins $143. But if you were to take the moneyline on the Chiefs instead and they win, you’d have to risk $162 to win $100.
Point Spread
Sportsbooks know all teams are not created equal. To give each team an equal chance of winning, they give or take points to even the playing field. Like with the moneyline, the favorite is preceded by a (-) and a (+) for the underdog.
For Super Bowl LV, the Chiefs are considered a three-point favorite (-3). That means the Buccaneers are three-point underdogs (+3). Bet the spread on Kansas City, and they will have to win by four or more points for you to win your bet.
As for Tampa Bay, if they do not lose by three or more points, you win the bet. If the final score was 26-24, Chiefs, and you bet the spread on the Buccaneers, you would still win.
Total (Over/Under)
The total, or over/under, refers to the total number of points scored by both teams in the game. Sportsbooks will list one number in the betting line (56.5 for Super Bowl LV). If you think both teams will combine for 57 points or more, take the over.
But if you believe they will combine for 56 or less, take the under.
How to Place a Bet
Now that you are familiar with the terminology, let’s talk about how to make a bet. The process may vary from one book to the next, but most will be like this:
- Register for an account and make your first deposit.
- Be sure to take advantage of any bonuses offered like the one FanDuel is running for first-time users. Make your first deposit and bet $5 on one team to win, and the odds for that team will get boosted to 55/1 (+5500).
- Decide how you want to bet and click on it.
- After your choice appears in your betting slip, decide how much you want to bet.
- Click ‘place bet’ to place your bet.
But How Should You Bet?
Novice bettors are like most bettors and tend to gravitate towards the great equalizer, the point spread.
A three-point spread is the most common one in the history of the NFL. Underdogs have won more than favorites over the years, but the breakdown is close to 50/50. However, when it comes to straight-up wins, the scale tips more towards the underdogs (almost 60/40).
This season, the Chiefs were only 7-9 against the spread while the Buccaneers were 9-7. So, from a historical perspective, it looks like taking the Buccaneers and the points could be a great bet– but it is far from a lock.
Not sure which bet to make? Try our free Super Bowl Squares game with your friends.
Looking to get some betting action on the 2020 World Series? SportsbookWire.com has you covered with a full Betting 101 guide to Major League Baseball and the World Series. We’ll be providing game-by-game picks throughout baseball’s 2020 championship series, and here we’ll go over all the key terms you need to know to place a legal, online MLB bet.
Also see:Los Angeles Dodgers vs. Tampa Bay Rays World Series Game 6 odds, picks and best bets
2020 World Series betting: Bet types
Money line
The money line is the most straight-forward bet of all sports bets. Simply pick which team will win a given game. Opposing teams will be expressed as a favorite or an underdog (more on this below) with favorites being given odds of -100 or lower and underdogs generally getting plus-money at odds of +105 or higher.
Against the spread (ATS)/Run line
On against the spread bets, lopsided matchups are handicapped by giving favorites a line of -1.5 or -2.5 for them to win by 2 or 3 runs instead of the outright/straight-up victory.
Underdogs will get lines of +1.5 or +2.5 on the other side, and they’ll need to stay within either 1 or 2 runs in a loss or win outright in order to cover the spread.
How To Place A Bet On The World Series Winner
Over/Under (Total)
The Over/Under asks for how many runs the two teams will combine to score in a game. Odds are typically equal on lines ranging from 5.5 to 9.5 (or higher).
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Series line
The series line is a form of futures bet asking for the outcome of an event at a later date. Odds will adjust based on the results of each game, injuries or other factors. The closer a team comes to securing the World Series victory, the less profitable their odds will be.
Prop bets
Prop bets can be available for the series as a whole or for an individual game, team or player. These allow bettors to predict statistical accomplishments of players or teams, or winners of awards such as World Series MVP.
2020 World Series betting: Key terms
Favorites
The favorite is the team viewed as more likely to win the game. In a regular season, home-field advantage can also factor into the betting odds and lines, though that won’t be the case this year with the World Series being played at the neutral site of Globe Life Field in Arlington, Texas.
Still, the official home team will have the advantage of batting last each game and that’ll be weighed into the odds.
Underdogs
Underdogs are given higher odds to win the game to represent their lower implied win probability. They need to pull the upset and generally are given plus-money odds to do so.
Chalk
Though it’s unlikely to be seen in the World Series, chalk is the term used for low odds that often aren’t worth a bet due to the risk associated with a very small return on a winning ticket.
2020 World Series betting: How do odds work?
With the AL and NL champions meeting in the evenly-matched, best-of-seven World Series money line odds should stay within -200 for the favorites and +200 for the underdogs. A $100 wager would return a profit of $50 or $200, respectively, with a win by either side.
Run line or Over/Under odds will usually be equal on both sides of the lines and can range from a more conservative -105 to -125. The lower the number, the more likely the sportsbook views that result.
Want some action on the 2020 World Series? Place a bet at BetMGM now. For more sports betting tips and advice, visit SportsbookWire.com. Please gamble responsibly.
How To Place A Bet On The World Series Wins
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How To Place A Bet On The World Series Cancelled
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