Official betting is a new legal option for sports fans in several states. After PASPA’s landmark ruling, many states moved quickly to pass legislation and start rolling out sports betting apps.
During a game, odds can change and bets placed during a live event may not have action. There are some basic rules that you should follow to ensure your bets pay out.
In MLB, bets on the total number of runs scored in a game are known as over/under wagers. These bets can go over or under a line that the sportsbook sets, and all runs scored in extra innings count toward the run total.
MLB moneyline bets
The most popular type of baseball bet, the moneyline is a wager on whether a team will win or lose a game. The odds on this bet change constantly, and it’s a great way to make a quick profit during a slow betting season.
Baseball teams sometimes play shortened or suspended games due to inclement weather. If a game has been shortened or suspended, bets placed on the winner must have an official result.
Bets on a team’s non-MLB record can be made with the same rules as MLB wagers, but there are also special rules that apply. For example, the home team designation matters for moneyline bets, and a change of venue can impact them.
Pennsylvania was one of the first states to move in the wake of PASPA’s ruling. The state began offering retail sports betting in November 2018, and online betting went live a few months later. Several online sportsbooks launched in the state, including DraftKings, FanDuel and BetRivers.