Last updated on April 4th, 2023
Baseball Betting in New Jersey
Baseball betting is among the most popular for residents in New Jersey, probably only second to NFL betting. There’s a reason baseball is known as America’s favourite pastime and, as well as being able to play and watch their favourite sports, people can now wager on it. Sports betting is incredibly popular because it gives people the chance to utilize their expertise to potentially land big returns. It also adds another angle and even more excitement when spectating. But what if you’re new to betting on baseball? Well, we’ve got you covered. In this guide we’ll tell you everything you need to know about baseball betting including how to bet, the best places to bet and we’ll even explain some common betting lingo.
Top Sports Bookmakers for Betting Baseball
When it comes to sports betting in New Jersey, you won’t suffer for a lack of choice. While lots of choice can be a good thing for punters, it can also be a little bit overwhelming. It also makes it hard to figure out which sports bookmakers are the best to be with. Fortunately, our experts have done the hard work for you and compiled a list of the top sports bookmakers for baseball betting in the Garden State. They are as follows:
- Caesars Sportsbook – bit of basic layout on website and app, but the odds and competitive and it does everything you’d need it to do.
- BetMGM Sportsbook – quickly become one of the most popular online sportsbook operators. Regular great promotions to give you more bang for your buck
- BetRivers Sportsbook – the sporting arm of the Rush Street family. A bit more going on than the others in list, but you build up iRush rewards to use at the casino.
- FanDuel Sportsbook – hugely popular with sports bettors in the state. Simple navigation and software allows for same-game parlay bets, which really sets them apart from the competition.
In all honesty, any of the above options would be a great one regardless of whether you’re new to baseball betting, or you’re a seasoned pro.
How to Bet in Baseball
One of the great things about online sports betting in the state of New Jersey is that it is incredibly easy to do, as long as you are of legal age of course. To begin with, you need to have an account with one of the many sportsbook operators in the state. Then all you have to do is navigate to the sport you want to bet on. In this instance, you’d look out for “baseball” and click this. It will commonly be accompanied by an image of a bat and ball to make it even easier to find. Once you click it, you’ll be presented with a list of upcoming fixtures.
To place your bet, click on the fixture that you want to bet on. This will present you with a list of the baseball betting markets and the odds for each bet. Once you’ve found the bet you want to place, click on it to put it in your betslip. Once you’re ready, go to your betslip, enter the amount you’d like to wager and click “place bet”. After a couple of seconds, you’ll get confirmation that your bet has been placed. It’s worth noting that when placing a live bet, there is a short delay before your bet is confirmed.
Which Markets to Bet in Baseball in New Jersey
Now you know how to place your baseball bet, we’ll run you through the various betting markets that you’ll encounter when you visit an online sportsbook in New Jersey. Here are the most common baseball betting markets that you’ll see:
- Moneylines – a moneyline bet is simply a bet on who will win the game. The odds of the favourite will have a “-” ahead of the price (like -150). Meanwhile, the underdog will have “+” ahead of the price (like +150).
- Run lines – this is essentially the baseball version of point spread betting. It’s a chance for you to improve the odds on a favourite, or improve an underdog’s chances. If you back a favourite at -1.50, you’ll get better odds than taking the moneyline, as your selection has to win by two clear runs.
- Totals (over/under) – this is a simple bet on how many runs there will be in the game in total. For instance, if you back over 7.5 runs in a game, there needs to be a minimum of 8 runs for your bet to win.
- Props – proposition bets offer a slightly different way of baseball betting as they offer the opportunity to bet on specific things to happen in the game. Some popular props markets include; player props, team and game props and innings props.
- Parlays – parlay bets allow you to bet on several things happening in a single game. This can be a great way to get big odds betting on just one game.
- Futures – as the name suggests, futures bets allow you to bet on an event that is happening in the future. For instance, betting on the winner of the World Series at the beginning of the season.
Markets to Bet Baseball around the World
The great thing about baseball betting is that it is pretty standardized all over the world. Whether you’re betting on the MLB or Japan’s top baseball league the NPB, you’ll find all of the usual betting markets to place a wager on. If you are betting on a baseball league from another country, our advice is to do your research and ensure you know about the league and the teams in it. For instance, studying the form of the two teams before placing any bets is the minimum research you do when placing any baseball bet.
Glossary in Betting on Baseball
As with all types of sports betting, baseball has its own set of slang terms and betting vocabulary. To help you understand, we’ve compiled this baseball betting glossary below:
A
- Against the spread (ATS) – betting against the spread is to make a wager that will be decided by adding points to one team or the other after the game is played.
B
- Bases – a slang term for baseball. Someone may say that they’re betting bases, rather than betting on baseball.
- Bettor – an individual who places a sports bet.
- Bookie – a slang term for a bookmaker.
C
- Chalk – to be on a chalk is to bet on a favourite.
- Cover – if a team wins by enough of a margin for your spread bet to win, the team is said to have “covered” the spread.
D
- Dime – a bet worth $1,000.
- Dog – short for an “underdog”, the team that is considered less likely to win.
E
- Early line – the first line posted for a game.
- Exotic – an exotic bet is another term for a proposition (prop) bet.
F
- Favourite – a favourite is the team that the bookmakers decide is the most likely to win.
- Futures – betting on events that are due to take place at least a week in advance.
H
- Hedge – to hedge your bets is to cover yourself so, in the case of one bet losing, another wins.
L
- Line – the line is the spread and terms of a bet.
M
- Moneyline – to bet on the winner of a game outright.
N
- Nickel – a nickel is a slang term for a bet to win $500.
O
- Off – when a game is “off”, it has been cancelled for one reason or another and bookmakers will no longer accept bets.
- Opening line – the earliest line posted for a given sporting event.
- Over – to bet on a total number of runs over a designated amount set by the bookmaker.
P
- Parlay – a parlay is a bet involving two or more events. You can bet on multiple baseball games, or mix sporting events. Each element of the parlay must win for the bet to be settled as a winner.
- Points Spread – an alternative name for the spread.
- Prop bet – a special type of bet that often has large odds.
- Punter – a slang term for a bettor.
- Push – a push is a tie against the spread. You will generally have your stake returned.
R
- Run line – popular in baseball betting. A spread bet in baseball that generally adds 1.5 runs, or subtracts 1.5 runs from a team.
S
- Sportsbook – another word for the book, or the operator who is accepting bets.
- Spread – the same as points spread.
- Straight up – a straight up bet is a bet on a team to win, without involving a spread.
T
- Total – the total is the amount of runs scored by both teams collectively.
U
Under – a type of total bet in which you bet that the total will fall short of the designated amount.