This page explains Reverse Bets in betting and looks at how the odds and payouts work. Also consult our list of where to lay a reverse bet online in Canada. Betting on Major League Baseball is not only fun but also a lucrative opportunity for sharp bettors to make money. We have the info you need to get started. If-bets and reverse bets are like parlay bets and are available almost anywhere. Learn what these are and how to win them!

With a 162-game season per team and 30 teams, Major League Baseball is the ultimate sport with action for sports bettors. During the regular season and through the playoffs, you will have no shortage of opportunities to fire off bets and hopefully clean up a nice profit. If you’re interested in taking your MLB betting to the next level, you’re in the right place. Whether you’re a major leaguer when it comes to sports betting or you’re still putzing around in the little leagues, we’ve got information that is going to help.

Free sports picks, sports predictions and betting odds direct from Las Vegas and our team of expert sports handicappers from WagerTalk.com. Each and every we. Find all the different bet types explained, including; win, place, each-way, single, multiple (double, treble and accumulators), full cover bets and more!

Best MLB Betting Sites

For those of you who are ready to place your bets, we’ve compiled a list of the best online sportsbooks offering action on Major League Baseball. These sites offer action on all of the games, futures bets, and even some profitable prop bets for you to choose from. Our expert staff has combed the web looking for the best of the best, and this is what they’ve found. These are the most trusted sites with the best action for people looking to bet on baseball.

We do want to point out that no sportsbooks can pay us for a better review or higher ranking or recommendation. The only way for a book to make it onto this closely guarded list is by providing the best sports betting service possible with special considerations for MLB bettors.

Our Expert Picks

It’s no secret that there are some people out there who absolutely crush betting on Major League Baseball. These bettors have mastered their craft and regularly make money hand over fist. If you’ve ever wondered how these guys and gals think and what bets they are making, you’re in luck. We have several experts on our staff who have agreed to share not only their upcoming betting picks but also their mindset into how they arrived at their conclusions.

This sort of baseball betting information should cost a lot of money, but they’re willing to give it to you for free. What’s the catch? There is no catch. This is a free and unfettered look into the brains of these geniuses. The best part is that their picks are posted BEFORE the games so that you too can capitalize on their expertise. If you never learn a single thing about betting on baseball, you can still get in on the action with our expert picks, completely free of charge.

MLB Betting Strategy

Some of you aren’t here to take the easy road to success. While you’re probably fans of the insight you get from our expert picks, you want to be able to make your own picks. You want to be able to flex your brain muscle and put your skills to the test. Trust us, we totally get it. With the right strategy, you can get way more action and find other great value spots within the 2,430-game regular season as well as the postseason and World Series. You also no longer have to rely on our experts to be on their game, because you will be calling the shots yourself.

To help you on your journey to becoming your own MLB betting expert, we’ve compiled a detailed list of MLB betting strategies. With these tips and tricks, you should be able to build your own winning betting strategy to start crushing the books. These are the same tips that our team of experts use on a daily basis to make their picks.

Remember, these tips will need to be coupled with some good research and hard work. Don’t expect to read our guide and instantly be the best. However, if you read our MLB betting tips and couple them with some hard work, your odds of being a successful sports bettor will shoot through the roof.

Most Popular MLB Bets

Major League Baseball betting not only comes with plenty of games to bet on, but it also comes with plenty of types of bets for you to make. These different bet types give you new and interesting ways to leverage your predictions. Do you have to use every type of MLB bet listed here? You certainly do not. In fact, there are many successful professional sports bettors who only use one or two of the different bet types listed here.

There’s no reason to complicate things unless you have a reason to. What we’re saying is that these different types of bets should only be used if you have a strong prediction that calls for the use of one of them to turn that prediction into cash. It’s not that there is anything wrong with them or that they are complex, it’s just that some novice sports bettors feel that they have to complicate things or else they “aren’t doing it right.”

Run Line Bets

The MLB run line bet is one of the more popular baseball bets that you’ll run into. With this bet, you are picking a game winner, but they must either win by a certain number of runs or lose by less than a certain number of runs. This is very similar to spread betting in football, with a few differences.

With MLB betting, the “spread” or the run line is always 1.5 runs. This does not change. The team that is the favorite has to win by more than 1.5 runs for you to win your bet. The team that is the underdog must lose by less than 2 runs for you to win your bet. The way that the sportsbook encourages and discourages bets on either side of a run line is by changing the payout odds. Unlike spread betting where each side of the bet gets paid the same, you will see different payout odds with run lines.

The popularity of run line bets comes from allowing you to bet on a team that you think is going to overperform, but still may lose the game. If you’re curious to learn more about MLB run line bets, we have a fully dedicated section for you to check out that will fully explain run lines and how they work.

Moneyline Bets

Another popular bet type for Major League Baseball is the moneyline bet. Simply put, the moneyline bet is where you pick a winner and get paid if they win. There are no spreads or run lines to worry about. If the team you pick wins the game, you win your bet.

As you may already suspect, you will not be paid the same for every bet that you win. The more likely that a team is to win a game, the less the sportsbook will pay you for a correct pick. The less likely that a team is to win a game, the more the sportsbook will pay you for a correct pick. Of course, these payout numbers are not always going to be correct, which is where finding value comes in, but this is a good general guideline for you to understand these bets.

Series Bets

An MLB series bet deals with the postseason. As you may or may not know, the MLB postseason is a series of matchups that are done in a best of series format. The sportsbooks we’ve recommended above (and most brick-and-mortar sportsbooks) will give you the ability to bet on which team will win that series. Again, the payout odds will be adjusted based on the likelihood of each team winning the series.

You’ll be able to make these bets for all playoff series as well as the World Series.

Proposition Bets

Proposition bets are bets on whether or not something will happen. The definition of the bet usually confuses people, but examples make it much clearer. Which team will score first? Which team will have the first hit? Will a certain player hit a home run in the game? All of these are examples of prop bets that will be available to you. Now, you won’t always get these prop bets with every single game in the brick-and-mortar setting (in fact, you might only get them in the playoffs or the World Series), but you will get these bet options for most games when you are wagering online.

The one caveat that we always like to mention with prop bets is to make sure that you’re only betting on props that require skill and expertise to predict. Betting on which team will score first takes skill. You have to know who the leadoff players are, which teams come out of the gate hot, and a whole host of other factors that could influence the outcome of this prop bet. This is what we refer to as a skilled prop bet.

On the other side, it takes no skill to predict whether the total runs in a baseball game will be an even or odd number. This is straight gambling and what we call unskilled prop bets. Bets like this can be fun, but they should never be part of a long-term betting strategy. They should be used for entertainment purposes only.

How do you tell the difference between skilled and unskilled prop bets? You have to use your brain. It should be fairly easy for you to look at a prop bet and decide if it’s one that you can beat long term. Sports bettors have a really bad habit of trying to convince themselves that every prop bet is beatable. Our guess is this is because they enjoy the action and don’t want to admit that some of the bets they are making are only good for entertainment value. Please don’t be that guy or gal unless you’re just looking for a fun sweat.

Futures Bets

A futures bet in Major League Baseball is a wager about something that is going to happen in the future. Some of the more popular futures bets are which team is going to make the playoffs, which team is going to win the World Series, or how many wins in a season a team is going to have. All of these bets are usually made early on in the season, or before the season. As you can imagine, you can get pretty good payout odds having to predict something like this well before it happens.

Some sportsbooks close these futures odds at the beginning of the season while some will keep them open for the duration of the season or playoffs. When they do this, the odds will change according to how much more or less likely the event is to happen. As you may already know, the object here is to buy low. If you can get in on a team while they are struggling, you can get great odds for something to happen. If they turn things around, you could be in for a really nice payday.

Over-Under Bets

Over-under bets are also known as totals bets. These are wagers on whether the total number of runs scored in a baseball game will be above or below a certain threshold. Typically, both sides of the wager (the over and the under) will pay out the same amount of money. The oddsmakers will adjust the total threshold to encourage or discourage the action they need.

Let’s say that the over-under line for an upcoming baseball game is seven runs and you bet the over. If the final score is 5-4, you’d win your bet, because the total number of runs scored was nine. It does not matter which team scores the runs. If the final score were 8-0, you would still win your over bet. If the final score were 4-3, you would push your bet and get your money back because there were seven total runs.

The Big Picture – MLB Betting

You’re now fully stocked with the information, recommendations, tips, and tricks that you need to bet on Major League Baseball successfully. It’s now up to you to put all of it together and put in the hard work necessary to take you from a novice amateur bettor to the big leagues as a success. You have all the tools you need at your disposal. Remember to bookmark this page in case you need to come back and review any of the information. We have faith that if you work hard, you’ll be able to start crushing the books in no time.

Punters enjoy many bet types. . They have a vast range, right from the most basic option of a win single to the more complicated combinations of things like full cover and conditional bet types.

Use this betting guide to help you sort through it all with clear, easy to understand explanations of all the different bet types that you may come across.

Types of Bets

The most simple types of bets are a Win, Place or Each-Way option;

Win

A single win bet selects one outcome to happen from an event, like the winner of a football match or an F1 Grand Prix. This requires just one stake on a winning option.

Place

A place bet backs a selection to finish (place) within a range of finishing positions set by a bookmaker. It could be the top five places of the US Masters golf or the top three in a horse race.

Each-Way

An each-way bet has two options covered within it. You need two unit stakes, one to cover the outright win option and the other to cover a place option.

Single Bet

One single bet of any type. They use just one unit stake.

Multiple Bet

When you combine more than one selection together under one single unit stake that is a multiple bet . The appeal of this bet type is that it offers higher returns because more risk is at as the bet grows. You get returns from the first leg of a multiple and use them as the stake for the second leg and so on.

The cumulative odds can stack up to create higher payouts.

Double

If you link two single selections together that is a double bet. If the first selection wins, the returns go as the stake for the second selection. Both options have to win.

Treble

Three single selections in one bet under one stake. The treble bet type is a multiple. Any returns from the previous leg of the bet are used as the stake for the next. Therefore all three selections need to win.

What Is Action Reverse Bet

Accumulator

This is a bet with four or more selections (legs) in it. Accumulators can pay out big returns but they are high-risk. All legs need to win for it to be successful. The returns from the previous leg are the stake for the next, as with all multiple bet types.

Full Cover Bet

A full cover bet is where more than one selection is together to build whatever combination of multiples can be made from the number of selections. This includes any doubles, trebles and accumulators.

However many multiple bets made from the selections, they will each require an individual unit stake. Full cover bets do not include the selections as win singles.

Trixie

A Trixie bet is a form of a full cover bet type from three selections, it creates multiples and no singles.

Yankee

In a Yankee bet, four selections combine for all possible creations of multiples from the picks.

Canadian / Super Yankee

A Canadian bet or a Super Yankee. There are 5 selections used to create any multiple bets available.

Heinz

A Heinz bet is a full cover bet of six selections, creating all the possible combinations of doubles, trebles and accumulators.

Super Heinz

A step up from the Heinz is the Super Heinz has seven combined selections.

Goliath

A Goliath bet brings eight selections together to create all multiple options.

Full Cover Bet With Singles

As the name suggests, a Full Cover bet with singles simply adds the individual selections on to a full cover bet type. This allows every option, all singles, doubles, trebles and accumulators to be put together in a bet.

Each bet created with a full cover bet with singles type needs an individual unit stake played.

Patent

A Patent is a variant of a Trixie bet, which like it, uses only three selections but the Patent version includes the singles.

Lucky 15

A Lucky 15 is a popular type of bet for horse racing. Four selections combine for all singles and multiples possible.

Lucky 31

The Lucky 31 is a version of the Canadian (Super Yankee) with the singles also included in the bet along with the multiples. It has five selections.

Lucky 63

There are six selections, as in a Heinz create all multiple combinations, but the Lucky 63 includes the singles too.

Action Reverse Bets Explained

Alphabet

Alphabet has six selections combine to make 26 bets. The six selections create two Patents, a Yankee and a 6-fold accumulator. A Patent has seven bets (x2), a Yankee has 11 bets and the one bet of the 6-fold acca tallies up to the number 26.

Conditional (Any To Come) Bet

Conditional bets rely on something happening before another action happens. For example, you make two selections and if there are returns from the first selection, then the returned stake will be used on the second selection.

If the first selection loses then the second selection will not play. This is an ATC (Any To Come) bets. A “if cash” bet is what we call this.

Up and Down

An Up and Down bet are from just two singles. Create two bets and each has two parts.

Part A: If the first selection wins, then the returned stake goes on the second selection in the bet. Part B: If the second selection wins, then the returned stake goes on the first selection. There are two reverse bets of each other.

Round Robin

The selections used to create ten bets. The basic premise of a round-robin is that it is a Trixie plus x3 up and down bets that they add on to it.

Flag

A flag bet is an enhanced Yankee where up and down bets (six of them) added onto the multiples created.

Super Flag

A Super Flag bet is from five selections (as there is in a Canadian), with the addition of up and down bets on top. This creates 46 separate bets.

Rounder

There are three selections create a Rounder. If there is cash coming back from a winning single, the original stake goes into a double bet. All singles and variations of doubles are played in the bet sequence.

Roundabout

The Roundabout is a step up from the Rounder in which if a single bet wins, the stake from it is doubled to be placed on a double bet.

Specialty Bet

A unique betting slip or system is aspecialty bet type.

Union Jack

This type has nine selections laid out in a 3×3 grid done on a special betting slip. Each vertical line and each horizontal line creates a treble, for a total of eight treble wagers. Seven winners will guarantee a return in a Union Jack bet.

System Bets

In a System Bet is a number of selections between 3 and 8. From the inital selections they get multiple bet types (the punter decideds the type).

In the example of a 2/5 system bet, it creates five selections and produces all combinations of doubles. In a 3/5 system bet, again uses five selections, but to create all possible trebles.

Forecast Bet

This is a popular bet type for horse racing and greyhounds. In a forecast bet you make selections on the same betting slip from a single race, predicting the exact finishing order of the top two.

You can make variations of this such as naming the selections to finish in either order in the top two, or naming several selections out of which the top two will come.

Straight Forecast

A straight forecast is a single bet when you make two selections for a single event, say a horse race. This bet type requires the prediction of the exact finishing order of the top two.

Reversed Forecast

A reverse forecast bet, a straight forecast with the reverse finish also included. Two selections can be made and the options it creates are for the finish of either 1-2 or 2-1 in a race. This requires two-unit stakes because of the extra option.

Combination Forecast

The combination forecast bet type is predicting the exact finishing order of the top two in an event. However, you can select multiple options instead of just two and any combination of your selections finishing in the top two wins. The more selections, the higher the unit stake is multiplied.

Tricast

The Tricast is a bet which calls for a prediction on the correct finishing order of the top three in an event. A single stake goes on the call of an exact 1-2-3. This is only one bet. It requires only the one unit stake.

Action Reverse Bet Explained

Combination Tricast

The top three finishers in the exact order are the target in a Combination Tricast. However, you can make more than three selections on the bet slip. The more selections added to the bet, the more the unit stake will be multiplied by.

Tote Bet

The premise of any Tote wager is pool betting. For a given event, punters wager their stakes into a pot. Therefore, after the bookmaker takes their cut from that pot, then it is the value of that pot which then sets the dividends.The Tote payouts based on dividends and not fixed odds, this is the big difference between Tote and regular betting. So, the amount of stake received on a horse divides by the overall value of the Tote pot for the given race. That number will set the dividend-price if that horse wins, and then you multiply your units of stake by the dividend.

There is a wide variety of Tote bets and most of them have similarities with regular fixed odds betting, but just operate off the pool betting system instead.

Tote Win

You make a selection when you pick the winner of a horse race.

Tote Place

The selection made in a horse race for a Tote Place has to finish in a designated Place in the race, usually the top two or top three.

Each Way Tote

This combines the Win & Place Tote best together. The Win and the Place have separate dividends, paid out depending on where your selection finishes.

Tote Exacta

This is the same as a Forecast in regular betting, you predict the top two finishers in a race in the exact order.

Trifecta

The Trifecta is the same as a Tricast in regular betting. They must forcast the top three finishers in the exact order.

Quadpot

This type of Tote Bet calls for the four winners of four consecutive races on predetermined races.

Placepot

This is a prediction of six winners from six races, and therefore more than one selection can be made for each race.

Jackpot/Scoop6

Jackpot and Scoop6 are prize pools, where punters will be playing for a share of a prize pot. You must predict the six winners of the designated races.

Tote Swinger

How Does An Action Reverse Bet Work

A unique bet is a Tote Swinger. You make two nominations in a race and you have to have them place in any order in the top three.

Tote Superfecta

One of the most difficult Totes to win as it asks for the correct prediction of the top four finishers in a race.