
Betting Baseball Totals
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Whocovers - 6/2/2004 12:00 AM |
Betting Baseball Totals By Ted Sevransky Baseball is a completely different type of sport to handicap from the two most popular betting sports, football and basketball. On the gridiron and the hardwood, teams are separated by pointspreads, and wagers are placed either laying the points with the favorite or taking the points with the underdog. But betting baseball, there is no pointspread to differentiate between the underdog and favorite. Instead, baseball side wagers use a moneyline as a basis for determining the relative value of the two teams pitted against each other. Wagering on a favorite in baseball oftentimes requires the bettor to lay a substantial price for his support. Its not uncommon for a favorite in baseball to be priced at -200, -250, or even -300 and above the bettor must be right better than 75% of the time with his big three dollar favorites in order to earn a profit, far greater than the 52.4% of the time that is the break even point for standard 11:10 pointspread wagering. And baseball underdogs win much less than half of the time picking dogs that are competitive, but not winning outright, can leave a bettor with a bankroll spiraling in the wrong direction. In addition, baseball is the only betting sport in which the line is completely and utterly affected by a single player scheduled to be in the starting lineup. In basketball, the Minnesota Timberwolves may be adjusted from a 7 point favorite down to a 2 point favorite if league MVP Kevin Garnett is going to miss the game due to an injury. A similar four or five pointspread adjustment is normal for a key football injury as well, such as if Donovan McNabb were to miss a game for the Philadelphia Eagles. But baseball prices are, in most instances, very heavily weighted towards the starting pitcher. The Yankees might be -200 against the Red Sox if Kevin Brown was facing Bronson Arroyo, but the same two teams on the same field with a pitching matchup of Pedro Martinez vs. Jose Contreras would see Boston as the favorite, even if every other player was unchanged. These type of dramatic price adjustments based on the projected starters alone are unique to bases, making it a significant challenge for any handicapper. Betting totals in baseball is also a completely different exercise than betting totals in basketball and football. Basketball totals are set almost entirely in regard to the pace that the two teams are projected to play at. If the Kings are playing the Mavericks, two teams that love to run and gun, both averaging well over 80 shots per game, the total will be set as high as 220. When the Pistons play the Pacers, two teams that rely almost exclusively on half court offense, both clubs with consistently outstanding defensive efforts, the total will be as low as 165. Yet, when all is said and done, the game will go Over or Under the total based on two factors not related to pace shooting percentage and free throw attempts. If two low scoring teams have good shooting days, the total is likely to go Over. When the Kings and Mavs met in the first round of the 2004 NBA playoffs, neither team could shoot worth a lick in three of the first four games, each club hitting at 35% from the floor or lower during that span. No surprise then that those games went well Under the total, despite a high number of shots taken. And the way a game is officiated has a huge impact on basketball totals. On nights where the refs are willing to let the two teams play physical basketball without blowing their whistles, shooting percentages will be down because defenders can maintain better position, and points scored without any time coming off the clock (at the free throw line) will be minimized every point will have to be earned. On the other hand, on the nights where every touch foul gets whistled by the zebras, teams can easily score 30-40 points each at the free throw line, with no time coming off the clock. And defenders are likely to back off a bit for fear of fouls giving their opponents easier looks at the basket, also likely to result in more points being scored. Football totals are tricky in their own way, for a different group of reasons. Football totals are set based on the offensive and defensive capabilities of the two teams no surprise there. But betting football totals is a very tricky animal, because yards dont always equal points. Its not uncommon for a team to go on two long drives to start out the game, gaining 150+ yards, but ending up with only a field goal attempt or two. Similarly, a team can struggle to move the football for most of the game, then make a big play or two on offense, defense or special teams, and boom 14 points have been scored in a matter of seconds. Red zone execution (touchdowns or field goals), turnovers (which end zone are they near?), big plays or the lack thereof all affect football totals going Under or Over as much or more than the offensive and defensive capabilities of the two teams. Im not a big proponent of basketball and football totals, because of the variables listed above. I certainly dont exclude them from my handicapping arsenal there are some situations that stand out, simply too good opportunities to miss or ignore, but baseball or basketball totals dont make up more than 15-20% of my wagers over the course of a season, some years less than half that amount. And weve already established some of the reasons why baseball side wagers are difficult for many bettors to beat. In order to support one teams potent offense, or their vastly superior starting pitching, the bettor is forced to lay a high price that requires him to be right as much as ¾ of the time just to break even. Likewise, bettors can be dismayed in a hurry when their high priced stud starting pitcher gets pulled for a pinch hitter in the 6th inning with the score tied, leaving a bullpen that is far less reliable then the starter to earn the victory. Thats why in baseball, betting totals has been my bread and butter over the past few years. Outlined below are the six primary reasons why betting baseball totals can be an extremely profitable endeavor, particularly in relation to betting baseball sides. 1) You can be only half right and still win your bet. 2) You dont have to lay big prices to bet on or against any pitcher. 3) The linesmakers dont have much wiggle room to adjust their totals. 4) The linesmakers are not that confident in their numbers. 5) Streaks dont get noticed by the public or the linesmakers. 6) Home plate umpires have Over/Under tendencies as much as teams do. Its not that baseball sides cant be beat, or that football and basketball totals are unbeatable. But for the reasons outlines above, baseball totals can be a consistent and profitable part of any handicappers arsenal, worth examining closely on a daily basis throughout the baseball season. In 2003, I had profitable results with my baseball total wagers for six consecutive months to close out the season. And, after a slow start in 2004, May has proven highly profitable with the totals as well. I expect this type of steady success to continue, making the case that baseball totals are something any astute capper should take advantage of.
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