Betting the MLB
Playoffs
In all of the major sports the
post season offers a good opportunity for those interested in
sports betting to make some good money relatively quickly, and
the post season in Major League Baseball is certainly no
exception.
The
World Series playoffs are known as the second season in
baseball, and with good reason. All previous statistics don’t
mean anything as the players shake off the doldrums of a long
season and set their sites on baseball’s biggest prize.
The World Series playoffs are the start
of a whole new season for the sports bettor as well, as there
are new strategies to consider and new information to factor in.
Primary among these is the fact that the playoffs offer bettors
the chance to bet on long series rather than on a game by game
basis.
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To understand why betting series is a
better way to gamble than betting game by game, you first have
to consider why betting game by game is risky. When you bet one
game at a time, there is a better than average chance that you
will lose at least 60% of your bets, meaning that at the end of
the post season you’ll have dug yourself into a hole. It’s
easier to see when you consider the nature of baseball.
Let’s say the New York Yankees are
playing the Boston Red Sox in an AL championships. Both teams
are good and both have a number of hardcore betting fans who
will keep the money lines fairly close. You choose to bet game
by game, and you also know that the Yankees are the better team
this year and will beat the Sox. Game 1 goes off without a hitch
and the Yankees win, you make some money. The next game, though,
the Red Sox put forth a better effort and now the series is
split 1-1, and you just lost the money you won in the first
game. Now, you’re a gambler, not just a fan, so you decide to
take Boston for the first game at Fenway, but they lose. You
switch back to New York, but they lose the next game. So now
even though the series is tied 2-2, your betting record is 1-3.
At this point it’s a matter of breaking even and just one more
bad prediction will mean you lose money on the series.
That’s the weakness of the game by game
scenario, especially in the playoffs where any team can win on
any given night. If you decided to take the better team and bet
on just the outcome of the series, though, you’d have a much
better chance of winning. Individual games don’t matter, just
the end result.
What I’m saying here is to make betting
series the cornerstone of your post season strategy. There will
be times in the playoffs where betting on a specific game will
present value that is too good to be passed up. Betting on a
good team who is playing a series game on the road is a good
time to take advantage of good value; the money lines over price
home teams every time. Another thing to look for is the pitching
lineup; at some point one team’s ace will be up against a weaker
opposing pitcher, and this is a chance to steal a good value
game bet.
Remember, just as in the regular season,
post season betting in baseball means you have to be steady to
be successful. If you do choose to take advantage of the good
value of the lines and bet on a road team, bet on both games
even if you lose the first one. If you win the first one, don’t
bet on the second. Never try to make your money back by
switching your strategy or you will flip all over the place and
end up in the hole!
Marshall
Published on 08/08/2007
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