American odds always use a 3 or more digit whole number expressed as either positive or negative. When dealing with a negative money line this represents how much a bettor must stake to win $100. For example a line of -180 requires $180 to win $100, so here if your bet is successful you keep the $180.00 you staked plus get back $100 in winnings. When dealing with a positive money line this how much a $100 stake will pay. For example if you stake $100 on a line of +160, if your bet wins you keep the $100 you staked plus receive $160 in winnings.

The reason there are positive and negative money lines is because teams are often not equally matched. To state an example if Tiger Woods is facing off against your local high school golf champion in a one on one match Tiger might be -100000 and your friend +50000. In professional sports of course the gap is much less, however it’s not uncommon to see the betting line of a great hockey team against a struggling one have a betting line of Favorite -210 / Underdog +180. Worth noting is the 30 cent difference in prices is because the bookmaker allows you to choose either side; the gap is the result of his built in profit margin.

To quickly cover what others don’t: a tip is though moneylines are based off a $100 betting unit, with most sports books, bookies and betting sites you’re free to wager as much as you’d like. To calculate in advanced what your payout will be move the nonexistent decimal point over two points, for example -210 becomes 2.1 and +170 becomes 1.7.

Next, if dealing with a negative divide how much you’d like to risk by that decimal figure. For example $150 staked on -210 would be $150 / 2.1 = $71.43. So here your bet is risk $150 @ -210 to win $71.43 profit. When dealing a positive number do the same but multiply. For example $150 risked at +180 is $150 x 1.8 = $270.00. So here your bet is risk $150 to win $270.00 profit.

Now that at you understand moneyline betting, you may want to take a look at this baseball betting guide. You will be able to learn the other types of MLB bets such as the Runline, Over/Under, Parlay and Prop bets.

Did you know that you can place wagers from your iPhone or other mobile device? Take a look at these iPhone sports betting sites. There are currently more options for for UK and European sports betting sites; however, you will find a few USA sports books listed.

Sorry for the long delay in posts guys.  I took a 3 month trip to Australia that was business related and didn’t have any time to post picks or anything to the blogs.

• Milwaukee Brewers -105
  
• St. Louis Cardinals -189
  
• Toronto Blue Jays -105
• Minnesota Twins -119 
• Baltimore Orioles +170
• Los Angeles Angels -123

Yesterday’s System picks 3-4, -2.23 units

• Florida Marlins -135 - WINNER
• St. Louis Cardinals -150 - LOSER
• Milwaukee Brewers -102 - WINNER
• Toronto Blue Jays -125 - LOSER
• Boston Redsox -143 - LOSER
• Chicago White Sox -105 - LOSER
• Minnesota Twins -148 - WINNER

Running Season record for the Money line betting system:

7-6, -0.45 units

Find out why so many people are getting interested in online sports betting.

• Florida Marlins -135
• St. Louis Cardinals -150
• Milwaukee Brewers -102
• Toronto Blue Jays -125
• Boston Redsox -143
• Chicago White Sox -105
• Minnesota Twins -148

Yesterday’s results:

• Minnesota Twins -105 - Winner
• LA Angels -114 - Loser

Running totals for the Baseball Money Line Betting System:

• 4-2, +1.78 units

• Minnesota Twins -105
• LA Angels -114

Yesterdays results:

• Los Angeles Angels -145 - WIN
  
• New York Mets -152 - WIN
  
• San Diego Padres -126 - LOSS

Running totals for the Baseball Money Line Betting System:

• 3-1, +1.92 units

• Los Angeles Angels -145
• New York Mets -152
• San Diego Padres -126

Yesterday started off with a winner with the Braves.  I will say this is a lot of “chalk” or favorites today, but the system isn’t showing very much value out there besides these 3 games.

The Padres are playing the Dodgers and Jake Peavy is starting for the Padres.  Here’s some fun facts about Peavy I had highlighted and underlined from last year that played very well:

• Career Record 13-1 against the Dodgers
• Lifetime ERA of 2.32 against the Dodgers 
• Padres are 16-6 against Dodgers when Peavy starts
• 4-0 Last year against Dodgers

Running totals for the 2009 money line system:

1-0, +1.18 units

• Atlanta Braves +118 (50)

My moneyline system has Atlanta favored around -125.  The game is scheduled to start around 8:05 and is on ESPN2.

2008 Money Line results chart - All Games

2008 Money Line results chart - Home Games

2008 Money Line results chart - Road Games

MILWAUKEE -120

COLORADO -130

PITTSBURGH -115

ATLANTA -153

BOSTON -135

MINNESOTA +115

Rockies +115

Pirates +155

Mariners -125