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Gamblers Palace Sportsbook offers a full range of baseball odds and on all major sporting events. All sports bets may be placed over the Internet or telephone. Sports Specials include futures: on any available sport and baseball adjusted ten cent lines with overnight baseball lines. We offer money lines (side and totals) and run lines on all games. There are tons of special prop bets on the All star game, MLB all starts, and the world series also.  You will be hitting a home run win you are betting with GamblersPalace.com
 

Understanding the Odds in Baseball

 Baseball betting lines can be quite tricky if you do not understand how the odds system works. Therefore, we'd like to take a little timeout to discuss the "money line" in which betting MLB baseball revolves around. First off, a money line is not a point spread. Therefore, to win a bet in baseball against the money line all your team has to do is win the game. Why sportsbooks use different lines in MLB Baseball The reason numerous sportsbooks post a 20-cent line is they KNOW that sharp players will take them for money in the baseball season and by the sports books using a 20 cent line it minimizes the profits of those players, and maximizes the losses for the books. There are also sports books that will offer what you would call an adjusted line or a soft line witch is a line that is not current with the true posted line, its a line that has been adjusted or moved as a result of baseball betting action being to high on one side. In a game carrying a dime line, a minus -145 favorite would be paired with an underdog of plus +135. If that same game had a 20-cent line, the underdog would get back only +125. Ten cents on the dollar can easily add up to hundreds or thousands of dollars over the course of a baseball season. Even if you consider yourself a small bettor you should always us a sportsbook that offers a true "Dime Line" or a adjusted line to get the best value for your baseball betting dollars. Runlines are a relatively new concept in baseball betting and they have been increasing in popularity among baseball bettors as individuals have become more comfortable with the concept in recent years, according to industry experts. When a sports book post odds for a runline, the moneyline favorite in a match-up will be listed at -1.5 runs with the juice reduced and the moneyline underdog will get the extra 1.5 runs at steeper odds. When formulating runline odds, oddsmakers pay close attention to both the money line and 'total' on a particular game. Most bookmakers have a standard formula they use that computes the run line numbers according to the money line and the over/under number for a game.
 Run Line Example Yankees - 1.5 +120 Devil Rays + 1.5 - 140 If you bet the Yankees would win by 2 runs or more you would win $1.20 for every $1.00 bet If you bet that the Devil Rays would win or they can lose by less than two runs you will have to risk $1.40 for every $1.00 you want to win. All though betting on baseball runline can be costly too. There are a surprisingly high amount of one-run games in Major League Baseball. Even the best baseball teams in the league today have played in a high percentage of one-run games. A good baseball bettor knows that good teams find ways to win, but a high percentage of those games are often closer than many of the public runline bettors would like them to be. Every bookmaker will agree that the most fashionable form of runline betting involves taking a big favorite down to a manageable price by opting to lay the extra 1.5 runs. This is a popular option of the recreational bettor who doesn't want to lay -300 on the Yankees (for example) on a particular day when they are at home and facing an inferior opponent. The common opinion is that the big favorites will win by a landslide and that the extra 1.5 runs is worth the risk because the price is much more attractive.

We have four ways of betting baseball

Action: you do not care if the listed pitchers start the game. Listing both pitchers: you want action only if both pitchers start the game. Listing your pitcher: you want action only if your pitcher starts the game. Listing the opponents' pitcher: you want action only if the other teams' pitcher starts.  

Bet on baseball overnight lines, money lines and over/under on MLB baseball "HERE"

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Bet baseball Totals (over/under) Line example:

Mil, Brewers C. Capuano +140 over  9.5 -110
Hou, Astros R. Clemens -150 under 9.5 -110

When wagering on the Astros (favorite), you will be staking $150 to win $100. When wagering on the Brewers (underdog), you will be laying $100 to win $140. If there is a pitching changes prior to the start of the game. All "listed pitchers" wagers will be cancelled and the money refunded. All "action goes" wagers will be adjusted to the odds of the new pitcher. If you wager on the Brewers/Astros game to go over the predicted total, the amount of the runs on the game must be equal or more than 10 in order to win the wager. If you wager on the Brewers/Astros game to go Under the predicted total, the amount of runs on the game must not exceed 9 in order to win the wager. The game must go to 9 complete innings. In the event of a pitcher change or an incomplete game all "total" wagers and Run Lines are no action. Parlays will revert to the next level (3 team parlay becomes a 2 team parlay and a two team parlay will become a straight wager).  Note: Run lines and Totals are always "listed pitchers".

Baseball Basics: Stats 101

Batting Average (AVG): Divide the number of base hits by the total number of at bats.

Earned Run Average (ERA): Multiply the total number of earned runs by nine, and divide the results by the total innings pitched.

W-L percentage: Divide the number of games won by the total number of decisions.

Slugging Percentage (SLG): Divide the total number of bases of all base hits by the total number of times at bat.

On-Base Percentage (OBP): Divide the total number of hits plus Bases on Balls plus hits by Pitch BY at Bats plus Bases on Balls plus hit by Pitch plus Sacrifice Flies.

Fielding Average: Divide the total number of outs and assists by the total number of outs, assists and errors.

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Thanks for visiting The Gamblers Palace Sportsbook! Rated one of the top online sportsbooks by players all over the world. Check out our Sportsbook Live odds section to find sports betting lines on football, basketball, baseball, hockey, soccer, golf, tennis, motor racing, boxing, horse racing and more. Our sports betting options include spreads, totals, moneylines, team totals, quarter lines, half-time lines, futures, props, and much more. Our friendly Customer Service Representatives and knowledgeable staff keeps bettors coming back, with amenities and features that go beyond your average sportsbook. Sports Betting: Everybody bets on Football. Check out our 2008 Super Bowl Odds. Gamblerspalace.com

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