MLB Dime Lines
One of the most important aspects of MLB betting and all sports betting is line shopping. For baseball bettors, it’s imperative that they look for dime lines when betting America’s pastime. Not utilizing dime lines or in some cases, nickel lines, is giving away money and will kill a bettor’s bottom line.
What are Dime Lines?
Dime lines refer to the difference in the line between the favorite and the underdog. If there’s a 10 cent difference between the two, the line would qualify as a dime line. The sportsbooks make their standard 10% juice on dime lines.
Bettors may not realize it, but just about every point spread would qualify as a dime line. However, due to the lack of a point spread for moneyline baseball betting, the difference between the favorite and the underdog becomes all the more necessary.
MLB run lines aren’t related are a form of point spread betting for baseball, and will not be the focus of this article. We dive deeper into that subject in our MLB run lines article.
Example of Dime Line
Below is an example of a sportsbook that offers 20 cent lines:
- Los Angeles Angels -140
- Texas Rangers +120
Notice that the difference between the underdog and favorite is 20 cents. Most sportsbooks that don’t offer dime lines will have a 15-20 cent difference between the favorite and the underdog. Now let’s look at the same game except with a dime line.
- Los Angeles Angels -140
- Texas Rangers +130
As you can see the Angels are still -140 favorites, but the Rangers have a much better price at +130. The difference between favorite and the underdog is just 10 cents, making this line a dime line.
Advantages of Dime Lines
The advantage of dime lines should be quickly apparent. Bettors will profit 10 cents (or better in the case of nickel lines) more on underdogs when betting with a dime line compared to a sportsbook that offers 20 cent lines.
This may not seem like much when it comes to one bet or game, but as we discussed in our line shopping article, the savings generated from getting an additional 10 cents on each bet adds up to massive savings over an MLB Season. Even those that wager as small as $100 per game will save themselves thousands of dollars. High volume bettors will save tens of thousands.
Winning baseball bettors know the value of underdogs and will be wagering more on dogs than high priced favorites. This makes dime lines even more valuable in addition to the savings generated from getting a better line. Dime lines offer savings on the best type of MLB moneyline wagers.
Some sportsbooks may offer even better pricing them dime lines. Nickel lines, meaning the price between the favorite and underdog is 5 cents are an even better value. These aren’t offered nearly as much as dime lines, but can still be found in US betting markets.
US Sportsbooks with Dime Lines
As mentioned above, not all sportsbooks will offer dimes lines. If you’re a baseball bettor, choosing a sportsbook with dime lines is an absolute must.
However, even if a sportsbook says they offer dime lines, it’s important to read the fine print because often there are restrictions.
Many sportsbooks will only offer dime lines up until a certain price. For instance, a sportsbook might only offer dime lines until -170 and then offer up 15-20 cent lines.
Here’s an overview on some of the best sportsbooks in the US market and an overview of their baseball odds.
5Dimes: Offers 5-cent lines overnight until 8:00 am of game day. Otherwise, they offer dime lines up to -175. One of the oldest and most trusted offshore sportsbooks does not disappoint.
BetOnline: Offers overnight lines and dime lines up to -185. Bettors will pay 15 cents until -279 and then 20 cents. They’re another great choice.
GTBets: Has dime lines up -154 and which are available overnight as well. They use 15-cent pricing at until -174.
Bovada: Offers overnight lines, but of the 20-cent variety. During the day, they offer 10-cent lines up until -150.