Today we talk about betting MLB run lines.
– Understanding the run line and its associated juice is a key to successful MLB run line betting.
– MLB bettors would be wise to shop around for the best MLB run line odds.
Because of the scoring nature of the majority of MLB games, baseball betting is done primarily on the moneyline. That doesn’t mean there isn’t value in betting MLB run lines.
What it means is that bettors need to first understand the bet and then know where to look to take advantage of run line bets.
Here’s how you can get started taking advantage of betting MLB run lines.
What are MLB Run Lines?
The run line is baseball’s version of the point spread. Unlike football and basketball, MLB games do not feature a lot of scoring. Plus, roughly 28 percent of all MLB games are decided by a single run.
So, oddsmakers have established the baseball point spread – aka run line – at 1.5. The favorite is listed with a line of -1.5 meaning that in order to cover the favored team must win by at least two runs.
On the other end, the underdog is listed at +1.5. In order for the underdog to cover the spread, the team must either lose by one run or win the game outright.
Use the following example to get a better understanding of the run line.
San Francisco Giants +120 +1.5 (-170)
Los Angeles Dodgers -130 -1.5 (+150)
In the example, the Dodgers are the favorite at -130 on the moneyline and at -1.5 on the run line. If you like the Dodgers to win by at least two runs, a $10 bet wins $15.
If you like the Giants to win or lose by one run, it would take a $17 bet to win $10.
Understanding the Juice
The juice, or the run line odds, are the numbers found in the parentheses next to the run line. Baseball bettors need to realize the run line favorite often carries the higher risk. Think about it. A team not only has to win, but they must win by at least two runs.
That is why in the example above the Dodgers are given +150 odds to cover the run line. This isn’t always the case as run line odds are influenced by the matchup. A strong team might have a high chance to win but it might come at a high cost.
A run line favorite can be a heavy favorite. At -1.5, the favorite might be priced at -200 meaning one would have to wager $20 to win $10 and the favorite would have to win by at least two.
The Case of Heavy Favorites
Let’s take our Giants-Dodgers example, but use a different matchup. It could be reflective of the starting pitching matchup, for example.
San Francisco Giants +240 +1.5 (+130)
Los Angeles Dodgers -280 -1.5 (-150)
Los Angeles clearly has the higher implied probability of winning, but betting heavy favorites can kill a MLB bettor. Remember, MLB underdogs win about 44 percent of the time – four of every nine games. Losing on heavy favorites means bettors lose big.
In this case, a $280 bet to win $100 just doesn’t make sense. What makes better sense is backing the Dodgers on the run line at -150. Now, it’s just $150 to win $100 on a team with a high probability of beating the Giants by at least two runs.
Read Run Line Records
Simply reading a MLB team’s ATS record will not tell you the whole story about their success against the run line. A team could have a great ATS record, but the team might not return great profits because of the juice on their bets.
A better measure of success is to look at how many units a team returns as a run line favorite or underdog. That will give bettors a better idea of whether or not to back a team on the run line.
Shop for the Best MLB Run Lines
With all this talk of juice, it pays for MLB run line bettors to shop around and find the best pricing. Different sportsbooks will post different odds on run lines for the same games.
Online bookmakers are known for having much better lines than US-based commercial sportsbooks. As well, the sports betting variety at offshore sportsbooks is second to none.
In our first Giants-Dodgers example, if we could find the Dodgers at +155 instead of +150 we would be wise to take it. The same $10 wager would now pay $15.50 instead of $15.00.
It’s the same on the other end when betting on a favorite. In our second Giants-Dodgers example, we had the Dodgers -1.5 at -150. By shopping, we might find the Dodgers favored on the run line at -140. Now, we only need to lay out $140 to win $100 (instead of $150).
Always shop for betting lines. It is the easiest betting strategy to help you win more money.