Free Sports Picks: Home NFL CFB NBA CBB MMA Boxing
LootMeister Baseball Picks
Online SportsbooksBest Sportsbook Bonuses
GTBets

Betting Goals

MLB Betting: Our Goal as Bettors

By Loot, MLB Handicapper, Lootmeister.com

It is important that before a person begins betting on baseball that he establishes realistic and tangible goals. Otherwise, things will happen during the course of wagering that will be more difficult to manage mentally. Baseball betting forces us to adopt certain standards and practices that are more important to have than in other sports.

There is a randomness to baseball results that we need to fathom. As sports handicappers, we are supposed to be able to at least theoretically hold an edge in any event where the results are something more than random. In baseball, the results can possess a randomness not found in, for example, football or boxing.

There are 162 games per season. That lends itself to less order and control. The difference between the best and worst team is narrower than in any other team sport. That means we can only feel so confident in our bets. There are no “locks” in baseball betting or anything close. This forces us to have a different attitude when betting baseball.

We can’t enter the world of baseball wagering thinking we’re going to kill it. Some people can’t handle the idea of losing. But in baseball wagering, losing is going to happen. And it’s going to happen a lot. That’s something we all need to wrap our heads around. The best teams lose 60 games. The worst teams win 60 games. And most of it is in between. That lends itself to somewhat chaotic results.

When betting on the New England Patriots at home against the worst team in the conference, you can have a feeling of certainty that you will never find in Major League Baseball. Last year’s World Series Champions can be at home against the worst team in the league and lose pretty easily. It’s no big deal.

Therefore, a more reasonable approach is preferable. We know we will lose wagers and probably a lot of them. At the end of the day, we simply hope we can win more than we lose. It’s a small edge, but over time we can multiply it into significant money. But patience is required as we inch our way up the mountain of baseball wagering.

The odds vary from game to game, so we aren’t too worried about our won-loss record. We just want to keep our bankroll increasing steadily. It might seem boring to some, but boring is good. We make the same-sized bets and hope to edge out ahead. Some weeks are up, some are down. We keep our eye on the overall picture, knowing that success or failure is not something that can be proven in weeks or even months. It takes years--season after season.

Some weeks our bankroll might be down, but we don’t get worried. It’s a marathon, not a sprint. There is no 100-yard stretch of the marathon that we worry about too much. In other words, we don’t get thrown off-center on the basis of a bad day or week. It’s like a pro golfer who bogeys the first hole on Thursday. He knows there are 71 other holes and what happened on one hole isn’t likely to make him or break him.

That’s how we have to look at it. We bet a small portion of our bankroll on each game. Over the course of a week, we never bet more than 20-25% of our total roll. We make multiple bets during that time. Chances are, you won’t lose all of them. So even of you lost 8 of 10 wagers over the course of several days, it isn’t a crippling setback. We can easily bounce back with a series of good days.

The same applies to winning. We might be hot, but we design our wagering so that the results are neither resoundingly good or bad. It’s all done within a sensible range. The idea is that OVER TIME, our edges will show profit. And when losing, we enable ourselves to absorb the setbacks, being that we are not risking a big portion of our bankroll.

In any event, picture yourself as a train going uphill, steadily gaining progress. It may seem to be painfully slow, but those inches add up quickly over time. And if the train loses power, we know it won’t slide all the way back down the mountain. This is how winning is done in baseball wagering. It may not seem glamorous, but steady progress is what we want at the end of the day.

Another way to help increase your chances of winning long term is to make sure that you're getting the cheapest odds. Not all sportsbooks are created equal. Dump your bookie today and start wagering at discounted odds at the web's best sportsbook: 5Dimes.

Share this article with friends:

Leave a comment:

SAVE BIG MONEY BY BETTING AT -105 REDUCED ODDS!
Quit wasting your hard earned money! Make the switch from -110 to -105 odds today
You'll be so glad that you did! Click Here!
Doc's Sports Major League Baseball Picks

Baseball Betting

  • Bovada Sportsbook - Your credit card WILL work here! Deposit from $100-$500 and get a massive 50% sign-up bonus! A huge wagering menu, fast payouts and top notch customer service is what you'll find at one of the web's biggest baseball bookies!
  • GTBets - Offers a 100% initial signup bonus! Deposit $150 and receive a matching $150 bonus! A great way to pad your bankroll before even placing your 1st bet! Great at getting credit cards to work for deposits!
  • World Series Odds - See which teams the bookies are predicting to win the Fall Classic this year and what odds are being offered for your pick to win it all.

MISC.

  • How to Calculate ERA - Loot explains what earned run average is and how to compute this often misunderstood statistic.
  • How to Calculate Batting Average - The stat that all hitters are judged by! We break down the division of hits by at bats.
  • What is Baseball WHIP? - The walks plus hits divided by innings pitch stat is a huge variable when handicapping baseball games. But what is a good WHIP? What's a bad WHIP? Loot explains!
  • Infield Fly Rule Explained - Surely one of the most confusing rules in baseball but yet so simple.
  • Baseball Slang - There are TONS of terms, lingo and jargon that you'll hear during a baseball game that would make absolutely no sense unless you grew up with the game or had done your homework. We define them all here!
  • Baseball Acronyms - A MLB box score is absolutely jam-packed with abbreviations. Get educated here as we define them all! We also added in MLB team abbreviations as well.
  • Baseball Questions - The sport has tons of terminology, jargon and statistics which create many questions. We answer them here!
  • MLB Managerial Changes - In today's world, if a Manager doesn't cut it, they get canned quick. Check out the list of this year's new baseball Skippers.

FOR THE BASEBALL PURIST

  • Baseball Quotes - Famous sayings from popular MLB players, annnouncers and managers.
  • Greatest Baseball Players of All Time - My picks for the all-time best first basemen, second basemen, shortstops, third basemen, left fielders, center fielders, right fielders, right handed pitchers, left handed pitchers and closers.
  • Famous Baseball Players - There's greats and then there's famous players. The difference is that famous MLB players are names that even non-baseball fans are familiar with; Diamond Kings!
  • Triple Crown Winners - List of players who have led the MLB in batting average, homers and RBI's all in the same season.
Reduced Juice Sports Betting 100% Sportsbook Bonus Best Parlay Odds Online