Major League Baseball is America’s pastime, and Ohio is a hotbed for baseball fandom. With the state’s first legal sports betting apps set to launch in 2023, fans will finally be able to put their knowledge of the game to the test by betting on their favorite teams. We’ll give you a crash course on how to bet on MLB games in Ohio.
Moneyline Bets
The most common type of MLB bet is the moneyline bet, which simply requires you to pick which team will win the game. The odds for moneyline bets are expressed as plus or minus symbols. A plus symbol indicates that the team is an underdog, while a minus symbol indicates that the team is a favorite.
For example, let’s say you want to bet on the Cleveland Indians vs. the Detroit Tigers. The Tigers are listed as -145 favorites, while the Indians are listed as +125 underdogs. This means that if you bet $100 on the Tigers, you would win $68.97 (your original stake plus your winnings). On the other hand, if you bet $100 on the Indians and they won, you would win $125 (your original stake plus your winnings).
Run Line Bets
Another popular type of MLB bet is the run line bet, which gives underdog bettors extra points to work with and asks favorites bettors to risk more points than they would have to with a moneyline bet. Run line bets typically use a standard margin of 1.5 runs.
Continuing with our example from above, let’s say you want to bet on the Indians +1.5 (runs) against the Tigers. In order for you to win your bet, the Indians must lose by no more than one run or win outright. If they do either of those things, you will win your bet regardless of whether they were favored or not. Similarly, if you had wanted to bet on the Tigers -1.5 (runs), they would have needed to win by at least two runs for you to cash in on your investment.
Ohio MLB Betting
In addition to moneyline and run line bets, online sportsbooks also offer proposition (prop) bets on MLB games. Prop bets are wagers that can be placed on just about anything that might happen during a game, from how many hits a particular batter will get to whether or not there will be a home run hit in the game. Prop bets add an extra layer of excitement to baseball betting and can often be used to hedge other types of bets.
Conclusion:
With legal sports betting set to launch in Ohio later this year, baseball fans will finally be able to put their knowledge of the game to good use by betting on their favorite teams. Moneyline bets are perhaps the simplest type of baseball bet, requiring only that you pick which team will win outright; run line bets give underdogs extra points while asking favorites risk more; and proposition bets can be placed on just about anything that might happen during a game. So whatever type of baseball bettor you are, get ready— because soon enough,you’ll be able to place your bets!