MLB Series Bets
MLB series bets are another market to consider wagering as a baseball bettor. Instead of betting game-by-game, baseball series odds will allow you to bet on the winner of each series. This bet type is relatively new compared to traditional markets on individual games, such as sides, totals, and money lines. It’s certainly a market to consider wagering if you’re an avid baseball gambler.
All betting sites offer MLB markets and most offer baseball series bets. Understanding this bet type and learning to spot value in these markets will be an excellent addition to your baseball betting repertoire. Accurately predicting baseball series markets will give you the potential for a lot more wagering profits during the season.
Best MLB Baseball Betting Sites 2020
How Baseball Series Bets Work
MLB series bets are markets where gamblers can pick which team will win a particular series of games. For a series bet to be a winner, bettors must choose the team correctly that wins the series. If a team has a regular season series of three games, then a team must win at least two of three games for them to be graded as the winner on the wager. Likewise, in a postseason series bet, a team must win the series, which means winning three games in a five-game series or four games in a seven-game series.
Series betting markets are presented in money line odds at baseball gambling sites. There will be a favorite and underdog in the odds which is the sportsbook’s handicap between the two teams. The only time an MLB series bet can result in a push is when there is a four-game series, and it is split 2-2.
MLB World Series Betting
The World Series market will receive the most wagering handle when it comes to MLB series odds. Bettors will be able to choose which team wins the World Series using moneyline odds.
Series Betting Odds – To Win World Series
- Boston Red Sox -160
- Los Angeles Dodgers +130
In this example, the Red Sox are the favorite to win the World Series. There is no point spread or number of games that a team must win by for the wager to be a winner in baseball. The only requirement is that you pick the team that wins the World Series.
MLB Playoffs Series Betting
This MLB playoffs betting market is the same as the World Series market above, but this time the series odds switch to the American League Championship Series.
Series Betting Odds – To Win MLB Playoffs – ALCS
- Boston Red Sox -150
- Houston Astros +130
Once again, the Red Sox are favored over the Astros in this example. All that is required for your ticket to be graded as a winner is that you pick the team that wins the series.
Baseball Regular Season Series Betting
Most sportsbooks will also allow you to bet on which team will win a regular season series. This is simply when two teams play a set of games throughout the year. Usually, a series is three games, but can sometimes be four. One of the most notorious interleague matchups each year is the Subway Series
Series Betting Odds – To Win The Subway Series – Mets vs. Yankees
- Mets +140
- Yankees -160
The New York Yankees are a -160 favorite in this series. The Mets are the underdog at +140. To win this bet, you need to pick the team that wins the series. If it is a three-game series, the Mets would need to win two out of three games for your bet to profit. If it is a four-game series, they need to win three out of four games. If each team wins two games in a four-game series, then it is graded as a push. Pushes are not possible in a three-game series.
How To Get Better At Picking Baseball Series Bets
Picking winners in baseball series bets is a bit different than wagering on individual games. Breaking down a series means sometimes going a game or two ahead and estimating matchups and odds. Below are a few tips to help you increase your win rate when betting on MLB series odds.
Tip #1 – Increase Your Baseball Knowledge
Knowledge is power. Learning as much as you can about the teams and players is essential if you want to win at series betting having proper baseball betting knowledge is key also. You’re not wagering individual games, but betting team against team, so your knowledge of the game needs to be vast. Watch as much baseball as you can, familiarize yourself with teams and players, and dive into advanced analytics.
Tip #2 – Use Multiple Baseball Betting Sites
Prices on series odds won’t move in unison like major MLB betting markets, such as sides and totals. That’s why it is imperative to have funds at multiple trusted online sportsbooks. It will allow you to line shop effectively and always get the best price when you place a wager.
Tip #3 – Be Sure the Sportsbook Has Series Bets
All MLB betting sites will have series odds for the postseason and World Series, but not all sportsbooks will have odds on regular season matchups. Before signing up and depositing, be sure that these markets are available for wagering. If you the gambling site of your choice doesn’t have it check our list of safe baseball betting sites.
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Baseball Series Bets Betting Strategy
Now, we’re getting down to the nitty-gritty. There are no specific MLB series betting rules but these strategies are a bit more specific than the tips when it comes to profiting from MLB series bets and you should be aware of them. Once again, these markets are entirely different compared to betting individual games. If you don’t adjust your strategy, then profiting from these bets is a lot harder.
Strategy #1 – Series Bets May Not Be Worth It
Yes, this article is about MLB series betting, but it’s not always the best course of action to maximize your edge. In many cases, wagering a team game-by-game will offer you more value, instead of taking them in the series. It is up to you to determine which course makes the most sense. You can also always bet each game while betting on the series. Be sure to allocate your bankroll correctly if you adopt this strategy.
Strategy #2 – Bet More Underdogs
Series bets are indeed a recreational market, as the betting limits are lower on these bets compared to sides, totals and even baseball future bets. Odds may be shaded in some cases towards the betting masses, making underdogs a bit more attractive. Wagering dogs gives you a much higher breakeven percentage on your bets compared wagering on favorites, as well.
Strategy #3 – Maximize Welcome Bonuses
One of the best ways to maximize your profits when it comes to betting MLB series markets is to give yourself more bankroll. The best way to do that is with sign-up bonuses at online baseball betting sites. Sports gamblers can easily give themselves thousands of dollars in free play when signing up at online sportsbooks if they take advantage of generous bonus offers.