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Now that we are finally past the lockout and uncertainty of the season actually happening, we are just days away from baseball season. Opening night is upon us, and with that comes making money betting on the MLB.
OddsJam has MLB odds from over forty sportsbooks, including FanDuel and DraftKings.
This screenshot above highlights one of the most important strategies when it comes to sports betting: the importance of line shopping. DraftKings and FanDuel are the two most popular sportsbooks in the States, but they also have different odds for the Red Sox and the Tampa Bay Rays moneyline in the screenshot above.
If an individual just looked at DraftKings and placed a bet on this game they would be doing themselves a disservice. The difference between -140 odds and -142 odds might not seem like a lot, but if you are consistently placing bets with the best odds offered to you then you are maximizing your profits over time as well.
Line shopping is a basic strategy, but there are more advanced and analytical ways you can make money betting on the MLB as well. One of those is to look at the advanced stats & analytics. Stats paint a picture in baseball more so than any other sport.
Advanced analytics like sabermetrics are daunting, but a trove of simpler numbers locate value bets.
Many hitters’ lefty/righty splits reveal exploitable weaknesses. Most batters hit better against opposite-handed pitching than against same-handed pitching.
It is also important to research into the actual ballpark that the two teams are playing at. Unlike NBA or the NHL, the stadiums are not identical in the MLB. Some ballparks are hitters parks, such as the Yankees stadium or Rockies stadium, while others are not. It is important to understand the nature of the stadium the teams are playing at.
Lastly, in baseball the umpires matter. The strike zone covers the home plate from between a batter’s shoulders and the top of the uniform pants. Some umpires stretch these official parameters to quicken the game. Others narrow the strike zone, helping batters reach base. Individual strike zones occasionally vary based on player history. As such, knowing an umpire’s tendencies increases bettors’ chances of winning on singular game wagers.
You can learn more about profitable betting in this short YouTube video from the OddsJam founder.
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