Betting underdogs in baseball has been a way for gamblers to make money throughout the years and that has been especially true this season. Betting underdogs has become more profitable in recent years as baseball is getting more competitive. I’ll look at the main reason you can make money by betting underdogs in baseball and give you some ideas to consider as you look to bet those baseball dogs.
The main reason gamblers can make money by betting underdogs in baseball is that they don’t have to win more than they lose. Baseball is a sport that uses moneylines, and when you are always getting plus money, you can win a smaller percentage of your games and still make a profit. Let’s say you play two underdogs in baseball and both are +150. All you need is a split to make money.
Let’s take it a step further. Say you play 10 games and all of them are underdogs ranging in price from +110 to +180. If you split those 10 games and go 5-5 you are going to make good money. If you go 4-6 in those games you probably will still break even, because your average win is probably at least +150. That is the big advantage to playing underdogs in baseball. You can have a losing record and still make a profit.
Ways to Bet on Underdogs
What are some of the best ways to bet underdogs in baseball? Early in the season has traditionally been a great time to bet the underdogs. As teams start the season it is much more difficult for oddsmakers to get a handle on how teams will do. Prices are much more likely to be tilted toward the favorite and that gives even more value to the underdog.
Another reason for betting the underdog early in the year is the fact that starting pitchers are not ready to go nine innings yet. That brings the bullpens into play and usually the more pitchers that enter a game the better chance for mistakes. Early in the season teams haven’t developed their personalities yet, and unpredictable things tend to happen more often. That gives underdogs an even better chance to make you a profit.
Another option to consider when betting underdogs in baseball is to go against a top team’s fourth or fifth starting pitcher. Very often a team like the Giants or A’s will still be getting a ton of respect by the linemaker, even when at the lower end of their starting rotation. Oakland may still be a -170 or higher favorite when their fourth or fifth best starter is going to the mound. This gives us good value, especially when we have a better starting pitcher going for us. Taking a number one starter at plus money is always something I like to do.
Another thing to consider when playing the dogs is to take certain teams at home when they are underdogs. Very often in baseball, teams play differently at home. A team like Cleveland is much better at home than on the road and when you can get them at plus money on their home turf they are worth looking at. This theory can apply to weak teams like Tampa Bay and the White Sox as well. Those teams may have a totally different feel when playing at home and getting them as an underdog can be a good way to increase your profits.
Sometimes you will find certain situations that make betting underdogs at a online bookmaker, such as Bodog Sports, very attractive. Let’s say you have a team that plays well at home, but for some reason lost two straight. You now have the opportunity to get them at even better odds because they are coming off two straight losses. Good home teams rarely lose three straight at home, and if you can catch a price in this situation it makes for good value.
Another situation that very often occurs has two good teams playing, and one is a bigger underdog than they should be. Let’s say Oakland and the Yankees are playing in New York and the pitching matchup has Scott Kazmir facing Masahiro Tanaka. The A’s may be as high as -150 or -160 and that can give us real value on the Yankees. We still need to include our regular handicapping but some of these situations will arise giving us a real chance to do well.
We always want to remember when betting underdogs that we don’t have to win every time to make money. Sometimes I forget that fact when two or three losses occur. It makes it difficult to play underdogs if you run into a losing streak but you want to remember that if you had been playing favorites and had this bad streak, your losses would be far greater. Whatever strategy you use, remember to consider taking underdogs as they will help you increase your long-term profits, and that is always the goal.