Baseball Betting Systems - Manipulating the Run Line

Last post 10-29-2009, 8:36 PM by Straguzzi. 45 replies.
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  • 07-07-2008, 4:08 AM

    • Straguzzi
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    Baseball Betting Systems - Manipulating the Run Line

     Baseball Betting Systems - Manipulating the Run Line by ********

    The books set the lines. They have the power and it's always an uphill fight, like some Sisyphean trial, as we work our way to the summit of success. Well, I've stumbled across a baseball betting system in which bettors can set their own line - and dictate their own payouts to a certain extent. I'm about to show you how you can utilize this baseball betting system to destroy the -1.5 run line for good and create your own -1.0 run line.

    No matter what sport you're talking about, it can be devastating to lose a perfectly good wager by 0.5. Whether it's a run or a point, a loss is a loss and that hook can be as lethal on the diamond as it is on the gridiron.

    Run line wagers - taking a team at -1.5 runs or +1.5 runs - are popular in baseball betting. And every time you place one of those wagers that extra half a run is staring you in the face, taunting, teasing and daring you. That's the whole point of a run line bet. That half-run is either going to destroy your hopes and dreams or get crushed at the hands of your diamond dominance.

    I'm not going to pretend that this baseball betting system is my creation. The -1.0 run line is something I've come across while trolling around in blogs and message boards across the Net. I've managed some success with it this year so now I'm looking to pass it on. It's a small, simple betting system but one that could have a noticeable impact on your bankroll.

    Before they decided to take their ball and go home, Pinnacle used to offer a -1.0 run line in baseball. But when the offshore book closed itself off to the American market, most bettors thought that they not only lost one of the most reliable and player-friendly books but that they also waved goodbye to this advantageous and lucrative run line. Not true. The catch is that if you want it you have to do a little work for it.

    OK, so here is the general theory: You take the $100.00 that you would have either bet on the money line or the traditional -1.5 run line. You're going to split that up into a money line bet and a traditional run line wager. However there is a specific formula that you have to follow in order to assure yourself a true advantage and thus create yourself a -1.0 run line. Here's the formula:

    100/MONEYLINE = X
    X + 1.0 = Y
    100/Y = money line wager

    OK, that formula (it's a lot easier than it looks, just take a pen and paper and practice a bit) calculates how much you're going to put on the money line. The next step is to figure out how much profit that money line bet will yield. Your online book normally calculates that if you put the amount you want to risk in. If not, simply use this formula:

    100/MONEYLINE = Z
    Money line wager x Z = A
    A = run line wager

    OK, so you've got your money line wager and now you've calculated your run line wager. For simplicities sake, you're run line wager is going to be exactly the same as the amount you would win off your money line bet.

    If I haven't completely confused you, here is an example of the theory in practice:

    Let's say we wanted to work a -1.0 run line on the Los Angeles Angels against the Seattle Mariners and the Angels are -130 favorites with a -1.5 run line at +160. Here's what we'd be looking at:

    100/130 = 0.769 (we use 130 because that's the money line)
    0.769 + 1.0 = 1.769
    100/1.769 = 56.53

    That means 56.53 is our money line wager on the Angels at -130. That bet would yield a profit of 43.25. We then would place a bet of 43.25 on the Angels (-1.5) at +160. That bet would yield a profit of 69.20. Your overall card would look like this:

    Straight bet (Angels -130): bet 56.53 to win 43.25.
    Run line bet (Angels -1.5, +160): bet 43.25 to win 69.20.
    Total bet (Angels -1): bet 100 to win 112.45.

    So now you're in a situation where if the Angels win by a run you're breaking even. If they win by two or more runs you're getting $112 for every $100 you bet compared to the $77 you would have won for a straight bet at -130. You've essentially turned a -130 favorite into a +112 wager.

    Now, I know you're probably thinking that if you believe the Angels are going to win by two runs or more (what it would take to make this bet pay out) then why not just play the straight run line wager and get $160 back for your $100 bet. Well, that's a decent point and you should feel free to do that. But the beauty of the -1.0 run line is that it eliminates bad beats if your team loses by a single run. Already in 2007 I've lost three run line plays by a measly half of a run. Those three plays were worth 11 Units, meaning that I would be up that much more if I had played the -1.0 run line.

    Somewhere between 20 percent and 30 percent of all MLB games are decided by one run. By creating a -1.0 run line for yourself you may be reducing your odds on individual plays but overall you're limiting your exposure while also improving your long-term odds at a profit.

    It may not get that stone to the top of the hill. But it should help get you a few steps closer.

    by RF - 05/15/2007

    • Post Points: 31
  • 07-14-2008, 9:54 PM

    • Denver Money
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    Re: Baseball Betting Systems - Manipulating the Run Line

    May have to try your system tomorrow for the All Star game. Big Smile

    "Let's Keep the Winnings Coming!"

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  • 07-14-2008, 10:09 PM

    • cwallace
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    Re: Baseball Betting Systems - Manipulating the Run Line

    Thanks 4 the input...very informing.

    • Post Points: 5
  • 07-15-2008, 12:31 AM

    • Stevebeav
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    Re: Baseball Betting Systems - Manipulating the Run Line

    HEY - RF, FROM A POST I ADDED FROM A JEFF SCOTT SPORTS THREAD YESTERDAY: 

    Stevebeav wrote the following post at Sun, Jul 13 2008 11:15 AM:

    Get em' Jeff - sweep the Card...

    I'm with you all the way here!

    I'm already on CC's Brew Crew, 1 Unit ALL on R|L (-115), and I'm in alignment with your NYY & Philly,  approx 1/5ths R|L to 4/5ths M|L*, 1 UNIT WAGERS.

    *  Specifically:  78% on the NYY -143, 22% on the NYY -1.5 +110,  then 82% Philly M|L -159, 18% on Philly R|L +140, ect. 

    BTW, curious - Do YOU ever split these heavier spread wagers up like this?  Early in the season, I ran a quick formula on it, and depending on the O/U...if between 8 and 10.5, the win $ is 7.71% more - when spread is between -126 and -159.. when avg. 2.5 - 5.5 wagers per day, for 162 game season - just FYI.  Came up with a sliding scale, for hi\lo spread splits...if you're ever interested...it's allowed me to pocket a few extra clams - although I'd probably be better off spending that valuable time actually capping the games!

    Hope like HECK you get some much needed, well deserved R-n-R during the Break!

    Always dive into your wagers each and every day - and thoroughly appreciate, respect and endorse your capping method...I'm 100% convinced you have a winning approach.

    2nd Half oughta be a great ride!  Get these today

    THIS ISN'T PRECISELY THE SAME SYSTEM, BUT IT'S PRETTY SIMILAR IN CONCEPT.  AS A STATISTICIAN, I'VE BEEN APPLYING 4 VERY BASIC PROBABILITY FORMULAS, WHEN IT SEEMS TO REALLY MAKE A DIFFERENCE ON A GAME THAT I HAVE TARGETED, IT MAKES THE MOST LOGICAL SENSE TO CRATE A SITUATION WHICH ELIMINATES THE HOOK ~ AS THE -1.5, AND MONEY LINE ALLOWS YOU TO DO IN BASEBALL!!!!....

    ....ONLY UP TO A POINT, I FOUND THAT THE MULTIVARIATE PROBABILITY DIMINISHES ABOVE -159...."THE MENDOZA LINE OF BASEBALL WAGERING"....OR 'GAMBLER'S RUIN' (as ref'd to in Prob|Stats).

    IT ALL BOILS DOWN TO SIMPLE 'REGRESSION' - OF ELIMINATING THIS 'RUIN' THRU COMPUTATION!

    I THINK MANY OF US DO JUST THIS....OR OUGHT TO - EVEN THOUGH I'VE HAD A ROUGH WEEK - THE OVERALL RESULTS OF SLIDING THE M|L WITH r/l HAS NETTED ME 7.71% MORE AGAINST THE VIG SO FAR IN 08 BASES, ON WAGERS WHERE I CHOSE TO USE IT.  VERY SIMILAR TO BUYING THE HOOK WHEN APPROPRIATE.

    GREAT STUFF....MANY, MANY WAYS OF ACCOMPLISHING THE BACKDOOR M-L FROM -1.5.....

    THESE ARE THE TYPES OF DISCUSSIONS THE ALL-STAR BREAK IS TAYLOR MADE FOR!  I'LL CHECK BACK LATER ON THIS THREAD....AWESOME!

     

    "Winning is determined by one's appropriate response to losing."
    • Post Points: 13
  • 07-15-2008, 5:19 AM

    • Straguzzi
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    Re: Baseball Betting Systems - Manipulating the Run Line

     Steve, As you can see, the orig article is not mine, but a capper I know. He found the formula on the internet somewhere. Anyhow, I'm interested in the formula you use; specifically the formula based on the O/U.

    • Post Points: 13
  • 07-15-2008, 10:41 AM

    • freeneasy
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    Re: Baseball Betting Systems - Manipulating the Run Line

    this got my intrest right off. what i want to know is this,

    is there any kind of a worthwhile correlation between the runline and the over/under for example

    1) at what percent does the rd fav win by 2 or more runs when the total is 7

    2) at what % does the rd fav win by 2 or more runs when the totalis at 7 1/2 ?, 8? 8 1/2?, 9? ect

    same thing with the hm fav

    3) at what percent does the hm fav win by 2 or more runs when the total is 7?, 7 1/2?, 8?, 8 1/2?, 9? ect

    if theres any kind of an edge here i'd sure like to get my hands on it

     

    • Post Points: 5
  • 07-15-2008, 4:09 PM

    • Tommy Rider
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    Re: Baseball Betting Systems - Manipulating the Run Line

    Stevebeav:

    HEY - RF, FROM A POST I ADDED FROM A JEFF SCOTT SPORTS THREAD YESTERDAY: 

    Stevebeav wrote the following post at Sun, Jul 13 2008 11:15 AM:

    Get em' Jeff - sweep the Card...

    I'm with you all the way here!

    I'm already on CC's Brew Crew, 1 Unit ALL on R|L (-115), and I'm in alignment with your NYY & Philly,  approx 1/5ths R|L to 4/5ths M|L*, 1 UNIT WAGERS.

    *  Specifically:  78% on the NYY -143, 22% on the NYY -1.5 +110,  then 82% Philly M|L -159, 18% on Philly R|L +140, ect. 

    BTW, curious - Do YOU ever split these heavier spread wagers up like this?  Early in the season, I ran a quick formula on it, and depending on the O/U...if between 8 and 10.5, the win $ is 7.71% more - when spread is between -126 and -159.. when avg. 2.5 - 5.5 wagers per day, for 162 game season - just FYI.  Came up with a sliding scale, for hi\lo spread splits...if you're ever interested...it's allowed me to pocket a few extra clams - although I'd probably be better off spending that valuable time actually capping the games!

    Hope like HECK you get some much needed, well deserved R-n-R during the Break!

    Always dive into your wagers each and every day - and thoroughly appreciate, respect and endorse your capping method...I'm 100% convinced you have a winning approach.

    2nd Half oughta be a great ride!  Get these today

    THIS ISN'T PRECISELY THE SAME SYSTEM, BUT IT'S PRETTY SIMILAR IN CONCEPT.  AS A STATISTICIAN, I'VE BEEN APPLYING 4 VERY BASIC PROBABILITY FORMULAS, WHEN IT SEEMS TO REALLY MAKE A DIFFERENCE ON A GAME THAT I HAVE TARGETED, IT MAKES THE MOST LOGICAL SENSE TO CRATE A SITUATION WHICH ELIMINATES THE HOOK ~ AS THE -1.5, AND MONEY LINE ALLOWS YOU TO DO IN BASEBALL!!!!....

    ....ONLY UP TO A POINT, I FOUND THAT THE MULTIVARIATE PROBABILITY DIMINISHES ABOVE -159...."THE MENDOZA LINE OF BASEBALL WAGERING"....OR 'GAMBLER'S RUIN' (as ref'd to in Prob|Stats).

    IT ALL BOILS DOWN TO SIMPLE 'REGRESSION' - OF ELIMINATING THIS 'RUIN' THRU COMPUTATION!

    I THINK MANY OF US DO JUST THIS....OR OUGHT TO - EVEN THOUGH I'VE HAD A ROUGH WEEK - THE OVERALL RESULTS OF SLIDING THE M|L WITH r/l HAS NETTED ME 7.71% MORE AGAINST THE VIG SO FAR IN 08 BASES, ON WAGERS WHERE I CHOSE TO USE IT.  VERY SIMILAR TO BUYING THE HOOK WHEN APPROPRIATE.

    GREAT STUFF....MANY, MANY WAYS OF ACCOMPLISHING THE BACKDOOR M-L FROM -1.5.....

    THESE ARE THE TYPES OF DISCUSSIONS THE ALL-STAR BREAK IS TAYLOR MADE FOR!  I'LL CHECK BACK LATER ON THIS THREAD....AWESOME!

     

    Great info Stevebeav. I'm awarding you a Gold Star per the Pregame Constitution's goal of informing and entertaining the Pregame community:

    http://pregame.com/forums/forums/t/54494.aspx

    Congrats buddy, you've just earned 5 entries into our Pregame Rewards Program for a chance at $1000 in cash!

    Remember, all you have to do to nominate a post is simply SEND AN EMAIL to forums@pregame.com whenever you see something you believe deserves a star.

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    • Post Points: 9
  • 07-17-2008, 2:30 PM

    • Stevebeav
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    Re: Baseball Betting Systems - Manipulating the Run Line

    Hey, Thanks, Bro!

    Ooooo....I'm a Skins fan - born raised in N Va....that star is impressive - and it's messing with me a little..

    Is it me, or has this insane rivalry all but dissipated? 

    I kinda miss it.  Skins relative ineptitude has not helped, either.

    "Winning is determined by one's appropriate response to losing."
    • Post Points: 9
  • 07-17-2008, 2:57 PM

    • Stevebeav
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    Re: Baseball Betting Systems - Manipulating the Run Line

    Hey, Joe-

    I just saw your reply....

    The O/U is the variable that somehow messes with the formula:  I'm at my Leasing Office Downtown, and my Capping Info is at my Home Office - I'll drop the formula in here tonight, if it helps.....The NEW Excel Office 2007 has the ability to add value to the cells and apply the formula to each data set - differently, if need be, it is absolutely awesome, even as cumbersome as it is....it has SO MANY GAGETS it is taking me a long time to adjust!

    The Mean and Median just is wildly skewed with Overs and Under that are outside the parameters given...

    This is a GREAT discussion...Pregame at it's finest!

     

    "Winning is determined by one's appropriate response to losing."
    • Post Points: 9
  • 07-17-2008, 7:13 PM

    • Straguzzi
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    Re: Baseball Betting Systems - Manipulating the Run Line

     I's appreciate it, Steve; you may have to help me with it though. I have a chart of Betting Against the Public that I posted  earlie in the season. It's posted below:

     

    MLB Database (2003-2007 Seasons)

    SportsInsights' database for MLB now includes over 11,000 games over the past five seasons.  For the purposes of this article, we include the playoffs, but exclude spring training.  Similar to hockey, baseball is a "moneyline" sport, so that we emphasize "units won" (and not winning percentage).  

    Betting Against the Public

    Similar to last year, we present results for "Betting Against the Public" at different thresholds of betting percentage AND for home teams and visiting teams

    Table 1: MLB and Betting Against the Public (2003-2007 Seasons)

    Betting %

    Home

    Visitor

    Total

    50

    +71 units

    +3 units

    +74 units

    40

    +67

    +13

    +80

    30

    +69

    +62

    +131

    25

    +66

    -17

    +49

    20

    +17

    -2

    +15

    15

    +26

    -4

    +22

    Using the Table

    • In addition to overall "Bet Against" results, we have broken out how Betting Against the Public works if a team is either a Home team or a Visitor. 

    • For example, if a Home team has less than 30% of the public betting on them (Visitor has more than 70% of the public), this scenario resulted in +69 units! 

    • On the other hand, Visitors with less than 30% of the bets (more than 70% of bets on Home team), resulted in +62 units. 

    Some Notes

    • The 30% level continues to be the largest profit-maker in terms of units won.  The past three years, we showed +78 units (over 3 years) for the 30% level of "Betting Against the Public" since inception, then +111 (over 4 years) last year -- and +131 (over 5 years) for the entire database. 

    • Higher or lower Betting Percentage thresholds will increase or decrease the number of plays respectively.

    • In baseball, the data seems to suggest that when betting against the public, leaning towards the Home Team might improve results. 


     
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