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betting on baseball

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Tuesday, April 8, 2008

betting on baseball

betting on baseball

Baseball History oday a multi-billion dollar industry, Baseball has come a long way from its crude and humble beginnings in the fields of 19th century America. More than a game, Baseball remains an inseparable part of the American heritage and an intrinsic part of our national psyche. For many of us, notions of team, fair play, and athletic excellence first occurred on a red clay diamond cut from a grassy field. Referred to as "America's Pastime" since 1856, Baseball today is played by men and women of all ages and skill levels all around the world. Despite its recurrent scandals and woes, Baseball remains synonymous with the best that America has to offer.
19th Century Baseball: The BeginningContrary to popular belief, Baseball was not invented by a single individual, but evolved from various European "bat and ball" games. Russia had a version of Baseball called Lapta, which dates back to the fourteenth century. It consisted of two teams (five to ten members) with a pitcher and batter. The ball would be thrown to the batter who would attempt to hit it with a short stick and then run to the opposite side and back before being hit by the ball.
Cricket and RoundersEngland has played Cricket and Rounders for several centuries. The first recorded cricket match took place in Sussex, England in 1697. Cricket is played in a large open circular field and has two sides of eleven players that attempt to "put out" a "batsman" who tries to prevent a ball thrown by a "bowler" from knocking over "bails" placed on "wickets," or three upright sticks. If the batsman makes contact with the ball, he runs to the opposite side of the "pitch" and continues running back and forth until the ball is retrieved by the opposing team.
Rounders, which shares more technical similarities to Baseball, dates back to Tudor times in England. This game consisted of two teams, six to fifteen players, including a pitcher, batter, "bowling square," "hitting square" and four posts, similar to bases used in Baseball. Each player had to bat in each "inning" and the game lasted two innings. The pitcher tossed the ball to the batter who attempted to hit it. If contact was made the batter ran to the first post. Points were awarded depending on what post was reached by the batter and the manner in which the post was reached.
Town BallGermany played a game called Schlagball, which was similar to Rounders. The ball was tossed by the "bowler" to the "striker," who struck it with a club and attempted to complete the circuit of bases without being hit by the ball. Americans played a version of Rounders called "Town Ball," which dates back to the early 1800's. In this game, the first team to score one hundred "talleys" won the game. In 1858 the rules were formalized as the "Rules of the Massachusetts Game of Town Ball."
“Base Ball”Occasionally, early 19th century American newspapers would mention games listed as "Bass-Ball," "Base," "Base Ball," "Base-Ball," "Goal Ball" and "Town Ball." The first known printed record of a game that was slightly different from Rounders and resembled a game closer to Baseball, is from an 1829 book called The Boy's Own Book, in which the game is referred to as "Round Ball," "Base" and "Goal Ball." A crude field diagram was included with specific locations for four stones or stakes (bases), that were arranged in a diamond. The article described how to "make an out" as well as how to get "home." The word "party" was used to describe a team, and the team at bat was called the "in-party." Each party pitched to themselves, bases were run in a clockwise direction and players could be put out by swinging and missing three pitched balls or by being hit with the ball while moving between bases.
The Olympic Base Ball Club of PhiladelphiaPerhaps the first town ball club to adopt a constitution was the Olympic Ball Club of Philadelphia, founded in 1833. It was formed by combining two associations of Town Ball players. One of the Town Ball associations may have begun play in the spring of 1831, in Camden, NJ on Market Street. The original group included only four players, playing "Cat Ball," but eventually the number of players increased and the Saturday afternoon gathering usually included between fifteen to twenty players. With the increased interest the game changed to Town Ball and then to Base Ball. The other association called itself the Olympic Ball Club, favored Town Ball and played on Wednesdays. As they did not meet as regularly as the group in Camden, some of the members of the Olympic Ball Club began playing in Camden. Ultimately a match was proposed and played between the two associations. No record of this match exists, but the two groups did eventually combine into one and played on Wednesdays and Saturdays. The constitution was first published in 1838 and consisted of 15 Articles. Duties of the Board of Directors, Members, and Captains were described. Practice days and a fine structure were also outlined. Betting on Baseball is different than betting on Football. Since many games are decided by a run or two it is not practical to have a spread as they do in football. Instead the Sportsbooks use a money line for betting baseball. The money line is also used for other sporting events as well. The money line determines the amount of money laid and the amount of money won when wagering on either the favorite or the underdog. The highest negative money line determines the favorite team, and the lowest negative money line and all positive money lines determine the underdog. The most common case is the favorite with a negative line and the underdog with a positive one. The money line is listed based on $100 bet. The money line may look confusing to the novice player betting on baseball for the fist time it is really easy to figure out.
Example of The Money Line Lets say that the Yankees are playing the Red Sox and the Yankees are the favorite. The money line may be listed as: Yankees -140 Red Sox +120
In this example, if you wanted to bet on the Yankees who are the favorites you would be putting up $140 and if you win you would collect $240 giving you $100 profit. In other words, you risk $140 to make $100.
If you wanted to take the underdog Red Sox you would wage $100 and collect $220 if you won. This means that you risk $100 to make $120.
The Vig The casinos/Sportsbooks make their money on sports bets by collecting a commission on every bet made. This is called the Vigorish or Vig for short. The Vig is the difference between what is wagered and what is won. In baseball betting the Sportsbook make their money when the favorite team loses. In the example above, if the Yankees lost the sportsbook would make $20. The are collecting $140 for the losing bet but only paying out $120 for the winning bet. The sportsbook will adjust the line if one team is heavily favored to make it more enticing to bet the under dog.
Pitching Matters In baseball the pitchers are the key to the game. The money line in baseball is made based on the starting pitchers for the games. In the event of a pitching change before the game and an unscheduled pitcher starts, the money line may be adjusted. You can bet a baseball game several ways depending on the pitching. In the Yankee Red Sox game listed in the above example lets say that the money line was made based on Randy Johnson pitching for the Yankees and Tim Wakefield pitching for the Red Sox.
You can bet the game as “action” which means that the bet is live no matter if the pitchers are changed before the game or not. If there is an unscheduled pitching change the payout may be different than the odds posted for the starting money line but the bet is still active.
You can bet a baseball game based on both of the starting pitchers listed when you make your bet. In the event that one of the pitchers either Johnson or Wakefield does not start the game your bet will be voided and your original wager will be returned.
You can also bet a baseball game based on a pitcher for one team. If for example you wanted to bet on the Yankees with Johnson pitching and you did not care who the Red Sox were starting than your bet would be active as long as Johnson started for the Yankees.
The Run Line The run line is used in Baseball when one team is a big favorite. A number of runs such as 1 ½ or 2 is subtracted from the score of the favorite team. This is similar to the point spread in Football.
Ask Questions In the United States sports betting is only legal in the state of Nevada but more wagering is done on sporting events than any other form of gambling. Make sure you understand the bets you are making. If you are placing a bet at any of the Sportsbooks in the casinos in Nevada you can ask questions from any of the employees. They will be happy to help you out explain any bets for you.

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