The sport of baseball is primarily popular in the United States, Caribbean, and parts of Central/South America, but there is one event that brings about a worldwide audience—the World Series. Each every October, the United States’ highest professional baseball league (Major League Baseball) pits its two best teams against one another for a winner take all, best of 7 series. Like most other US championships, the idea of a single-game championship is not entertained here. Instead, up to 7 games can be played until a winner is ultimately determined. For bettors, all this means is up to 7 opportunities to place an assortment of wagers ranging from the completely obvious to the totally obscure.
The following will brief you on just about everything there is to know about betting on baseball, but more specifically about betting on baseball’s premier event, the World Series.
Before we get into the frenzied scenario that is betting on the World Series, it is only right that we first introduce you to betting on baseball in general and how that is typically done. If you have any familiarity with betting on sports, this will not be too much in the way of fresh news.
On any given baseball game, the three primary betting options you will have are moneyline bets, spread bets, and over/under bets. A moneyline bet is nothing more than a wager on who will be the outright winner of the game. No matter whether the game finishes in 9 innings or lasts for 15 innings, this bet see those who picked the winning team emerge victorious bettors. A spread baseball bet, however, is all about the margin of victory. If, for example, the team you wagered on is -2 on the spread, they will have to win by at least 3 runs in order for your bet to be a winner. Finally, over/under betting pertains to the total, combined score of a single game. For example, if the over/under for a particular matchup is 8.5, and the final score is 4-8, all wagers on the over will win because of the virtue that 12 is greater than 8.5. Conversely, any bets on the under in this scenario will result in a loss.
In addition to these three major bets, there also exist a plethora of other, more refined, betting options for individual baseball games. Things like, how many runs a particular team will score or how many runs will be scored in a particular inning are examples of these other types of bets available at sportsbooks.
What’s more, in addition to betting on the performance of a team as a whole, you can also place wagers on the performance of individual players. Let’s say, for example, that you think Giancarlo Stanton is going to have a big night with at least 2 hits. If this is the case, you can place a wager on Stanton’s hits over/under. You can even get as specific as to wager on the exact number of hits he will have, or even if he will record a certain type of hit (ie. A double, or single).
The aforementioned wagers all exist when it comes to the World Series, however, the final baseball series of the year tends to feature a range of available bets that far exceeds what you will find for a normal game. What’s more, because World Series games tend to be hard-fought, close encounters, betting on things like the moneyline becomes more of a toss-up rather than an educated guess. During the regular season it may be a no-brainer of sorts who will emerge victorious from a single game, but in the World Series—which feature the two best MLB teams—any single game can go any direction.
For this reason, people love segment betting and all sorts of other betting options that they might not touch at any other point in the year. Segment bets, as their name implies, are wagers that encompass only part of a game. For example, though you may not be confident that a team will win, you might have some confidence with regard to how they will do through the first 3 innings of the game. As such, you can place a moneyline-type wager on who will emerge victorious through the game’s first three innings. To that same end, if you think the first 3 innings of a particular game are going to be low-scoring, you will more than likely also have the option of placing a wager on the over/under of that time period.
Because of the microscope focus that is placed on each year’s World Series, there emerge so many different types of wagers. Compared to a single regular season MLB game, a single World Series game can have up to 3x as many wagers able to be made. When you consider this, your imagination can run wild with how many wagers can be made on just one game, or even a part of one game.
Live betting the World Series is also popular because of the increased viewership. When bettors get behind in the game, or think a team will either stage a comeback or blow a lead, they will find a live bet to place. Live betting World Series games becomes more popular as each year goes by.
This is where things really get interesting. Proposition bets, or prop bets, are wagers relating to a particular player or action. For example, you might see a proposition bet listing the over/under for the number of pitches thrown by a certain team’s starting pitcher. While that may represent a normal prop bet, the World Series is known to bring about some obscure prop bets.
An example of a proposition bet that can be described as not being run of the mill is one relating to whether or not there will be a streaker at a particular game. Another type of prop bet might be an over/under relating to the temperature at the time of the first pitch. From these two examples alone, you can gain a better understanding of just how obscure prop bets can be. In the end, most of them are toss-ups in that there is no real way of knowing the outcome. While you may be able to have some sort of idea about how many runs are going to be scored in a particular game, you will likely have absolutely no way of determining something like whether or not the gametime temperature will be above or below a certain number.
In the end, proposition bets are there to make the experience of watching the World Series more fun and exciting. We would not recommend placing a lot of money on them because, as was mentioned before, they are often impossible to call with any amount of certainty. Still, the ridiculous odds and even crazier prop bets themselves draw people in game in and game out.