17 Oct Action vs. Listed Pitcher
Bet to Risk (To Not Acquire )
This fundamental difference can be applied across most sports, but it is especially important when betting baseball.
Bet to danger means you’re betting a particular pre-determined amount based on your unit dimensions. Bet to win means you’re betting either a lower or higher amount based on the purchase price of the wager.
For example, say you want to bet the Cubs as a -125 favorite. Betting to danger means that if you wager $100 on the Cubs and they win, you win your $100 back plus you win $80 based on the -125 cost. If you bet the Cubs to acquire (not risk), you would have to lay $125 on the Cubs in order to win $100. If the Cubs win, then you get your $125 back plus you receive $100.
But if the Cubs lose, you only lost $100 by gambling to danger, versus dropping $125 on gambling to win.
On the reverse side, say you wanted to wager on the White Sox as a +130 underdog. If you bet to gamble $100 on the White Sox, you’d get your $100 back plus win $130 when the White Sox win. Should you bet to win $100 on the White Sox, you’d only have to lay roughly $77 based on the +130 cost. Should they win, you get your $100 back plus you win $77.
It may sound confusing, but do yourself a favor and always bet to risk (not win). It’ll save you when you lose on a favorite and pad your bankroll bigly when you win on an underdog.