Action vs. Listed Pitcher
Bet to Risk (To Not Acquire )
This basic difference can be applied across all sports, but it’s especially important when betting baseball.
Bet to risk means you’re gambling 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 bet.
For example, say you want to wager the Cubs as a -125 favorite. Betting to danger means that if you bet $100 on the Cubs and they win, you win your $100 back plus you win $80 based on the -125 price. Should you bet the Cubs to win (not danger ), you may have to lay $125 on the Cubs so as to win $100. If the Cubs win, then you get your $125 back and you get $100.
However, if the Cubs lose, you lost $100 by gambling to danger, versus losing $125 on betting to win.
On the flip side, say you wanted to wager on the White Sox as a +130 underdog. If you gamble to risk $100 on the White Sox, you would get your $100 back and win $130 if the White Sox win. Should you bet to win $100 on the White Sox, you’d simply lay roughly $77 based on the +130 price. If they win, you get your $100 back and you win $77.
It may sound confusing, but do yourself a favor and constantly wager to risk (not win). It’ll save you when you lose to a popular and pad your bankroll bigly once you win an underdog.