
Author:
Amber Jonson
Last Updated on:
04/21/2023
Experiences:
Expert reviewer
Experiences:
Expert reviewer
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With two World Series championships and multiple National League pennants, the Philadelphia Phillies is undoubtedly one of the biggest names in American baseball. Keeping up with Phillies Over/Under bets can be challenging!
If you're an avid baseball fan and eager to bet on the latest Philadelphia Phillies odds, you're at the right place. This article will take you through everything you need to know to familiarize yourself with all the different types of MLB bets. Then, using your baseball expertize and this knowledge, you can definitely enjoy gambling on the Philadelphia Phillies.
Moneyline is the most popular betting market in MLB as well as other major American sports. In this betting market, all you need to do is choose a team that you think will win the game. Hence, even if you're new to betting and are unfamiliar with various betting terms, Moneyline is one market you'll have no trouble with. Moreover, this thrill of winning a bet when your favorite team wins only adds more excitement to baseball fans. So, let's now see how these bets operate.
Once a match is declared, the bookie will set a line based on who they think has the most chances of winning the game. These odds are decided based on every facet that affects the game, including the team's form, history, player availability, venue, and more. Apart from that, a home advantage is also a significant factor affecting the line.
Now, consider a situation where the Philadelphia Phillies host the Washington Nationals. Owing to their long history of success at home, the Phillies will be regarded as the game's favorite. At the same time, the Nationals will be considered the underdog. In this case, a line will be set such that the Philadelphia Phillies' odds of winning the match are given a negative sign. In contrast, the Washington Nationals' odds will be positive.
For example, the Moneyline is set with the Philadelphia Phillies at -170 and the Washington Nationals at +150. Now, if you wager $170 on the Phillies to win, you'll end up with a total payout of $170 (stake) + $100 (winnings) = $270. But, if you place a successful bet on the Nationals to win, a wager of $100 would result in a $250 payout — $100 (stake) + $150 (winnings).
Ultimately, the Moneyline shows that the Nationals have a lower probability of winning in this case. But when they do end up winning, you'll end up with a lot more than betting on the favorites. So, if you're a thrill-seeker and love to test your luck, Phillies Moneyline bets when they're underdogs are one of the best ways to do that. Not only will they result in greater winnings, but they'd also double the fun of watching the Phillies beating the odds.
Predicting a winner in baseball is difficult. Moreover, even if one side is the clear favorite, the Moneyline odds on them will be considerably lower. In such cases, the best alternative to Moneyline is the over/under or totals. The best part about these kinds of bets is that your probability of winning isn't dependent on the match's result at all. All you have to do is bet on the number of runs scored during a game.
Basically, in Over/Under or totals bets, the oddsmakers will set a line on what they predict to be the game's total score. Keep in mind that the total score refers to the cumulative score of both teams. So, it doesn't matter who wins, and only the final scores affect your bet.
If you think that a game will be high-scoring, you'd ideally bet Over the oddsmaker's prediction. But, on the contrary, you'll probably have better luck wagering Under if you expect it to be low scoring.
To help you understand this better, let's take an example. The Miami Marlins are playing against the Philadelphia Phillies, and the oddsmaker has set a line at 8. The idea behind setting the odds at 8 instead of an 8.5 or 7.5, seen in most other sports, is that a baseball game can't end in a tie, and there are no half points in baseball.
Now, if you've placed a bet 'over,' and the final total score is 10, you'd win the bet. However, if the total score is 8, it'll result in a Push, and the sportsbook refunds your stake.
Over/under is one of the best baseball betting markets you can put your money in. Moreover, it is beginner-friendly if you're still new to sports betting, with the added benefit of the possibility of a push. Besides, most often, predicting the total score is much easier than predicting a winner.
Run line bets are another great option to wager on your favorite Phillies. It is the same as point spreads in other sports. So, by betting on the run line, you're making a wager on the number of runs by which a certain team wins the game. Essentially, it is a bet on the predicted margin of victory in the game.
Initially, the oddsmaker will identify one team as the favorite, with a greater chance of winning, and the other one as the underdogs. Further, they will go on to set a run line for both teams. Favorites will have a negative run line, while bookies will give a positive run line for the underdogs. In addition, since baseball is a low-scoring sport, bookies will most often set the run line at 1.5.
To understand this better, consider a situation where the Philadelphia Phillies are up against the New York Mets. Let's assume that the Mets are the underdogs and the Phillies are the favorite. Hence, the Phillies' point spread will be at -1.5, and the Mets' point spread will be at +1.5.
If you're betting on the -1.5 Phillies run line, your wager depends on the assumption that the Phillies will win by at least 2 runs. On the other hand, if you wager on the underdogs, all the Mets have to do is not lose by more than 1 run.
Here, you're not wagering against the estimated probability of the game. Instead, you're placing a bet on the margin by which the favorites win, or the underdogs lose the game. Moreover, you're trying to predict only if the game is close or an easy sweep. Hence, they aren't designed to go against the nature of the game while offering better odds betting on the favorites. Consequently, many high-rollers and experienced bettors are drawn to run-line bets. In addition, since baseball is not a high-scoring game, run lines aren't the best markets for rookies. However, for an ardent MLB follower with enough knowledge of both teams, run-lines will be an excellent bet even if you're new to sportsbooks.
Proposition bets in the MLB are placed on the events that don't directly affect the final result. These are especially common among those looking for better odds, especially in in-play markets.
Some examples of prop bets include betting on whether the game would have extra innings or which pitcher would have the most number of strikeouts. Sometimes you can also bet on uncommon assumptions like the final score would be a three-digit number.
Since these bets aren't directly correlated to the game's outcome, you don't need to fret about who wins or loses after wagering. So, if you're on the lookout for some additional entertainment during a Phillies game, wagering on prop bets can certainly give you an exciting gambling experience.
Philadelphia Phillies' betting lines are ideal for you if you have a distinguished love for baseball and the Phillies while also enjoying gambling on sportsbooks. From classic over/under and Moneyline bets to prop bets, MLB sports betting offers the best ways to spice up your experience following the Phillies this season. Moreover, with sports betting being legalized in many US states, you'll find yourself coming across several online sportsbooks offering a range of betting options and highly competitive odds. All you need to do is brush up a little on the workings of baseball betting and read up our guidebook on MLB betting sites.