How to Read Baseball Odds
Check the point spread to see the margin of victory for the favored team.. Look at the over/under to see the predicted total score.. Find the vig by combining the probabilities and finding the difference.
Steps
1
Check the point spread to see the margin of victory for the favored team.
Check the point spread to see the margin of victory for the favored team.
2
Look at the over/under to see the predicted total score.
Look at the over/under to see the predicted total score.
3
Find the vig by combining the probabilities and finding the difference.
Find the vig by combining the probabilities and finding the difference.
4
Remove the vig to find the true probabilities for each team.
Remove the vig to find the true probabilities for each team.
5
Choose to bet on the money line to wager on a price rather than points.
Choose to bet on the money line to wager on a price rather than points.
6
Look for a plus or minus sign to find the favorite and the underdog team.
Look for a plus or minus sign to find the favorite and the underdog team.
7
Understand what the odds mean before you bet.
Understand what the odds mean before you bet.
8
Place your bet with the bookkeeper.
Place your bet with the bookkeeper.
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