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Why Baseball Should Be A Hit by John Wise Speaking oddswise, baseball offers the player far more advantage than does the more popular point-spread sports of basketball and football. That is if the player has a dime(10 cents) line at his disposal. The significance of a dime line can be easily understood by comparing it to point-spread betting. Typical point-spread betting is risking 110 to make 100. The expected return for the sportsbook(or loss for the player) is 5%. Think about it. The player makes two bets at 110 to make 100. The sportsbook expects a split- one win and one loss. The player has bet a total of 200 and lost 10 for a 5% loss. Now let's look at a dime line. To begin with, a "pick" or "even" game is 105 to win 100 with either team. Make two plays at 105 to win 100. The sportsbook expects one win and one loss. The player has bet a total of 200. He has lost 5 for a 2.5% expected return for the sportsbook. This is only half of what the book expects with an equal amount of point-spread wagers. It gets better. Keep in mind that by definition, a dime line has exactly 10 cents difference between the favorite and the underdog. When the favorite is -155, the underdog is +145. This means that you risk 155 to win 100 with the favorite or 100 to win 145 with the underdog. In this example, the favorite is expected to win 60% of the time. This results in only a 2% return for the sportsbook. It is also equivalent to risking 104 to make 100 with a point- spread wager. Not many sportsbooks go higher than -155 with a dime line. If you find one that does, their expected return is less than 2%. Or equivalent to betting a point-spread bet at less than 104 to make 100. Use good judgment. A reputable sportsbook with a dime line is worth a swing. Good luck. |
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