MLB odds: How to bet on baseball

In this piece, I'll go over baseball betting lingo and point you to the resources you need to find the most important statistics. My goal is to teach you how to bet on individual games. Baseball futures are also a fun way to put money on the sport I love.

The moneyline is the leftmost number. The run line is called the negative number and it means the implied probability is greater than 50%. The negative numbers refer to how much you must bet to win $100. If you bet the Boston money line, you would get out $110. If the team with the positive run lines is an underdog, it's called a plus sign. It's a similar concept with risk and payout. For example, if you took Boston +1.0 at -120, and you want to bet $120 on the Red Sox, then you have to risk $133 to get $ 100.

There are two types of baseball stats to consider when betting on the sport. Descriptive stats explain what happened, whereas predictive stats predict the future. Baseballsavant.mlb.com includes these statistics in every game preview. It also includes league-wide information to help with futures bets, like picking a World Series winner. The Pythagorean expectation is a formula that uses runs scored and runs allowed to come up with the winning percentage a ball club should have. It is used to predict winning percentages. Popular bets in MLB relate to the World series and player MVP. For more information on betting in baseball, visit FOX Sports.

FOX Bet operates a mobile and online sportsbook and a free-to-play game. The terms and conditions can be found in the app and at foxbet.com.