Handicapping Baseball Totals
Want to add a little more flavor to your MLB betting this season? You should add baseball series betting to your repertoire.
WWagering on this is not the most common bet, and it is one that many bettors aren’t even aware of. In case you aren’t exactly sure what I’m referring to, this is what I mean.
In the simplest of phrases, you are wagering on which team you think will win a series. Here’s a quick example. Say the Chicago Cubs just took two of three over the Milwaukee Brewers in a 3-game set at Wrigley Field.
Betting Baseball Totals. Betting Baseball Totals - MLB Over Under Bets. By Loot, MLB Handicapper, Lootmeister.com. When the sportsbook limits how much you can bet on something, our ears should perk up. It’s the book’s way of saying “this is easier to beat than the wagers with higher limits, therefore we want to limit you.”. How To Bet On Baseball Markets. Just like in football, tennis, rugby, cricket, the NFL or indeed most sports that adhere to a league or competition format that remains the same every year, in baseball we have the option of long term bets (betting on the winners of specific competitions) and short term bets (betting on individual games, scores, runs etc.). Handicapping Tips: Betting MLB Totals. How to Win When Betting on Major League Baseball MLB - The Sports Betting Whale Reveals. Saturday NFL Football Total of the Week. Copyright © 2021 MasterTotals.com - Make Money Betting Totals, All Rights Reserved. ♦First Pitch 7:00 PM EST - Get the Information You Need to Make Money Playing on Baseball Totals. MLB Tuesday Top Total.
If you liked the Cubs to win, you could have placed a bet on them to win at least two of the three games.
These aren’t wagers you want to make a lot of during the season. However, there are a number of situations when these bets are very effective.
Understanding Why You Don’t Always Take Great Teams v. Bad Teams
You might be asking yourself, why not wait around and bet the best team against one of the worst.
It’s the same reason why betting only elite clubs on a daily basis isn’t a smart investment.
Betting on a team that’s considered elite in the eyes of the public, will require you to pay heavy juice. Sometimes it’s better to take underdogs with a solid chance of winning.
It’s no different here. The bigger the perceived gap in talent between two teams, the more juice you will have to pay to place a bet.
If you only place bets on the best clubs against the worst, it will require you to hit at a very high rate to show a profit.
You also have to keep in mind that even the worst team in the MLB usually wins close to 40% of their games.
Here’s something to keep in mind. Bad teams will get motivated to play their best baseball against a top level opponent. On the flip side, the best team is likely to overlook a weak opponent and not give them their best effort.
Help Making Smart Picks & Additional Risk of the Unknown
Another thing to consider is the risk involved with key players not playing. Whether it’s a position player taking a day off or a starter getting skipped over in the rotation.
When betting on an individual game you can list pitchers. That’s not an option here. You must make this bet several games in advance.
Figuring out who the projected starters are isn’t that difficult. It becomes a problem if one suddenly gets sick or an injury flares up. Then you have a rookie from double-A or a member of the bullpen taking the mound.
I’m not trying to sour you on this type of betting by any means, but it’s something to consider when placing a wager.
Pitching changes are going to happen over the course of a season. It’s still the most critical thing to look at before placing a bet.
Where You Can Take Advantage of the Prices, Lines & Odds
If the price is good on the team you think will win the set, then by all means go after the books in those spots.
Sometimes a bet will help you get even better value on a team than playing each game individually.
Here’s an example to help explain what I’m saying. When a team’s ace is taking the mound in Game 1 of a series, you will almost always see that team heavily favored. Especially if they are at home and it’s considered to be one of the best starters in the game.
Instead of paying heavy juice on a money line bet in this spot, it’s often times worth looking at the series price. In fact, it might not be all that different than the odds for Game 1.
Much like betting on games individually, it is all about finding value.
Here’s some other things that I like to look for:
- Teams who will be sending out their top three starters against an opponent that just saw their three best starters pitch in the previous series.
- Teams with poor records who are playing well of late and going up against a team with a winning record that is in a slump, especially if they are playing at home.
- Teams who are coming off a long road trip that have a strong record at home.
More Betting Help
Are you getting bored of simply betting on who will win the game each time? Change it up and bet on the total instead. Total betting is essentially a 50/50 proposition on whether the total points scored by both teams will go over or under the bookmaker’s posted total.
Also known as over/under betting, this type of wager is available on almost any sport you can think of: football, basketball, baseball, hockey and soccer to name a few. Hockey, as we explain in this article, is perhaps the best sport for profitable totals betting, as it’s the easiest one for handicapping totals. That doesn’t mean there isn’t money to be made by betting the total for the other sports mentioned though.
In this article we cover how to price betting totals, and provide a number of other strategies for using this type of wager effectively.
Recommended ReadingIf you’re not yet familiar with how this type of wager works, please see our beginner’s guide to totals betting.
Pricing Betting Totals
Again, we’ll point out that it’s much easier to handicap totals betting in hockey than with any other sport. This simple formula should be enough to help you make a rough prediction for how many goals will be scored in a hockey game.
For baseball, all sorts of other factors come into play. The starting pitcher, how batters have performed against pitchers with similar stats, today’s lineup and the bullpen all have to be considered. Technically, when it comes to baseball there’s a lot more useful data to work with, which means making more precise predictions is a strong possibility. However, interpreting all of that data correctly in order to make valid judgments is easier said than done.
A challenge we face for football betting is that there are simply not enough games in the season to get an accurate figure using points scored and points allowed alone. For this, the first adjustment required is to use medians not averages. Looking to this set of numbers: 3, 7, 15, the median is 7 and the average is 8.33.
How do you apply this to betting football totals? When calculating points scored and points allowed, place each into a list in ascending order. The number in the middle is your median, and you can use that number in conjunction with the league average to find your estimated points scored in a game.
Here are the calculations required to do this.
The problem here is that this model is far too simplistic to yield long-term profits. No matter how simple the sport, you’ll need to make other adjustments.
Of course, if handicapping totals were easy then the market would dry up and there would be no profit left. So, if you’re ambitious, the fact that they are hard can be an advantage for you.
Alternative to Pricing Totals
Rather than learning how to price totals, a good strategy for the ambitious beginner is learning predictive modeling.
There’s a good article on this in the book shown here, Conquering Risk: Attacking Vegas and Wall Street by Elihu D. Feustel. This book can be purchased on Amazon. It’s the perfect read for those interested in advanced fundamentals.
Now for those who don’t want to wait for the book, we continue with more helpful advice on total betting.
Understanding Key Numbers
When projecting betting totals, it’s important to understand key numbers. For example, in NFL football, the most common total points scored, in order, are as follows.
- 41
- 43
- 37
- 44
- 51
- 33
- 47
Knowing this we’d be far more likely to bet over 41 when our model predicted 41.3 than we would be willing to bet under 41 when our model predicted 40.7. While 40 is still a rather common outcome, 39 and 38 are very low probability totals. Over 41 gives us a push on the most common outcome and a win on the second and fourth most common outcomes.
Off Market Prices & Bonuses
With the information just given, there’s a relatively straightforward way to profit from betting NFL totals. The goal is to take advantage of sports betting bonuses and off market prices simultaneously.
What you need to understand is, as mentioned in our article on how to handicap the market, there’s two distinct types of sports betting sites. Sharp books, which are betting sites friendly to professionals, and square books, which are betting sites that target recreational bettors.
It’s also important to understand fan bias. NFL fans typically prefer to bet in favor of something happening rather than against something happening. In other words, betting the over is a lot more fun than betting the under. This leads to recreational betting sites often padding the total an extra 0.5 points, thus making the line worse for bettors wagering on the over.
Recreational sites often have total disregard, or might even be unaware of, the implication of key numbers. Remember the most common total points scored in NFL games we mentioned earlier? If you were to shop a recreational site against a square book looking for spots, here’s what you’d probably find: the sharp book offering a 47.0 betting total and the recreational site offering a 47.5 betting total. You’d quickly see that the under bet at 47.5 is close to neutral expected value.
When you’re lucky enough to find a near neutral EV bet while also having a bonus, chances are high that you’ll be able to make considerable profits by betting totals.
Further InformationPlease see our article on sports betting bonuses and rewards for more information on the extra value you can get at online betting sites.
Making Correlated Wagers
One way to gain maximum value when total betting is to consider if there’s a correlation between the total bet you’re making and a game’s point spread. For instance, let’s say you’re betting the under based on the fact that Ben Roethlisberger is playing with less than 100% health, and you believe the Steelers will run the ball and eat the clock.
Now, if the Steelers are -7.5 favorites in the game, then maybe your opinion that the game will go under also means their opponent is more likely to cover the +7.5 point spread. When this is the case, we suggest betting the point spread and the total together in a parlay bet.
Odds or Evens
To state what to many is probably obvious, in certain sports, even and odd number totals make a huge difference. This relates to low scoring sports such as baseball, hockey, and in certain cases soccer. Keep in mind that in baseball and hockey, if a game ends in a tie, it keeps going until the tie is broken. Since ties always represent an even amount of points, it’s clear to see why an odd total outcome is more likely to occur than an even total outcome.
How does this relate to soccer? In some circumstance, like elimination tournaments for example, soccer games aren’t allowed to end in a tie. In such matches, a total betting line of 2.5 has only four ways for the under to win. These are 0-1, 1-0, 0-2, and 2-0.
Notice that the only way for the under bet to win is for a shutout to happen. We’ve actually found occasional arbitrage bets (bets where you can bet multiple sides of a game to guarantee a win) just from taking this into consideration.
Please NoteTotals wagers placed on soccer matches where a tie must be broken often only take the first 90 minutes of normal time into account. In that case, there would actually be six possible scorelines for the under to win. 0-0 and 1-1 would also be possibilities.
Avoiding Suckers Bets
We can’t stress enough the importance of avoiding sucker bets. For example, making teaser bets on totals is a long-term losing proposition that is better off avoided. What else do suckers do? They forget to shop around for the best lines.
Remember, as mentioned earlier, recreational betting sites will often shade lines or adjust odds to make things worse for those wagering on the more popular selections. This is to trap “fish” – the bettors that tend to lose frequently because they DO make sucker bets.
Best Baseball Handicapping Software
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If you don’t want to be a fish, please check out our article on sucker bets and how to avoid them.