How to Bet MLB Futures
Do you bet MLB
futures?
Key Points
– MLB futures bets
offer an opportunity for big payouts.
– Success in the MLB
futures market comes down to a few factors.
Getting
You Ready to Bet MLB Futures
Futures bets are
popular among bettors and that is true in the MLB market. MLB bettors often
find great value in MLB futures.
It’s like anything
in sports betting though. You need to understand exactly what you are getting
into when you place a MLB futures bet. That all starts with a clear
understanding of what the wager is and some tips you can use to ensure success.
Here, we take a look
at how to bet MLB futures.
What is
a MLB Futures Bet?
A futures bet is one
that is decided in the future. In MLB betting, the most popular futures bet is
on the World Series winner. MLB bettors can place a wager on the next World
Series winner almost immediately after the previous one has been decided.
There are other MLB
futures bets too. Bettors can find action on NL or AL champions, division
champions, season win totals, and a number of individual awards.Bets can be
placed throughout the season until the markets close. The outcomes are not
decided until the end of the season and/or postseason.
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Reading
Futures Odds
One of the draws of
betting MLB futures is that bettors can find favorites at plus-money odds. Take
the World Series futures market as an example. When the MLB futures are
released for the following season, bettors might find the market at the top of
the board like this:
Los
Angeles Dodgers +250
New
York Yankees +375
Atlanta
Braves +500
Any one of the top
three teams, all with a great chance to win the next World Series, are priced
at favorable odds. A bettor can put $100 on the Dodgers and if they win the
title the bettor wins $250. A $100 bet on the Yankees pays out $375 and the
same wager on Atlanta pays $500.
Must Read: How to Handicap College Football
Advantages
of MLB Futures Bets
As seen above, one
of the big advantages is getting plus-money return even on a favorite. Placing
a futures bet on a longshot and winning can produce huge winnings. There are
many ways to win betting on baseball.
Futures bets can be
placed at any time throughout the MLB season. You are not limited to a time
frame to place a bet. The MLB season is 162 games. Futures bets on division
champions can be placed throughout the season. The odds will change, of course,
and might not be as favorable on a bet placed earlier.
MLB futures odds
will vary from sportsbook to sportsbook. This gives the smarter bettor a great
opportunity to shop around for the best odds on a certain MLB futures wager.
Disadvantages
of MLB Futures Bets
Bettors should
understand that the sportsbook has a huge advantage in futures markets. The
World Series winner has a 3.03 percent chance of winning before bettors
calculate for things like team strengths, schedule, and other factors.
One of the big
disadvantages for bettors is that once you place the bet that money is tied up
until the season is over and the bet is decided. Those funds could be used in
other markets.
Futures bets are
more influenced by external factors throughout the period of the bet. For
example, in a 162-game regular season, there are injuries, trades, and other
factors that will play a role in how a futures bet plays out.
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Finding
Success in MLB Futures
Like any MLB
odds market and any bet, those looking for success can put
together a couple of strategies. In the MLB futures market, there is value in
buying low. It’s the same as the stock market. You invest in an up-and-coming
company at a low stock price and when the company’s price goes up, you win.
There have been
several examples of buying low in MLB futures. Take for example a team that is
right around .500 at the All-Star break. Maybe it was injuries that kept them
from playing to their best. Maybe the team acquired some new players that
became key pieces of the puzzle.
Whatever the reason,
the team goes on a second-half tear and they end up winning a World Series. At
the All-Star break, a team like that might be priced at +2500 or even +5000 at
the best baseball
sportsbooks. That’s a nice payout using a buy-low strategy.
There is often
overreaction to certain factors throughout a MLB season. Take a series of
injuries as an example. A team has a number of starting pitchers on the injured
list. Their futures odds lengthen dramatically.
It could be as
simple as a team just not playing to its ability. Odds might adjust accordingly
and bettors then have the chance to use their buy-low strategy on a team that
really is much better than its numbers suggest.
MLB futures bets are
an opportunity to win big. Do your research, buy low, bet early, and reap the
benefits at season’s end.
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