5 Reasons Why Baseball Betting is So Attractive for Professional Gamblers
The sports betting market and online gambling are growing industries. Zion market research shows that this market will grow to more than USD 100 billion by 2028, with a compound annual growth rate (CAGR) of more than 10% over the forecast period.
More and more people take sports betting more seriously and see this as an investment opportunity. Professional sports bettors use advanced sports betting algorithms to beat sportsbooks. And baseball betting is among the most attractive betting markets for professional gamblers.
Here are 5 reasons, why MLB baseball betting is so attractive.
Lots of statistics
Modern sports betting is all about numbers and how you can beat the market in terms of probabilities. Bookmakers’ odds represent the implied probabilities of events and the goal of every successful sports bettor is finding value bets. This is the difference between calculated odds and bookmakers’ odds.
To do this, professional bettors do a lot of research about games, where they must take into account a huge amount of data. And there is no better sport to bet on when it comes to statistics than baseball. Baseball is played in layers and every single hit, every single pitch and basically, every single action can be measured and analyzed.
Keeping records of baseball statistics started in the 19th century by Henry Chadwick, who was motivated by cricket. Later, in 1971 Society for American Baseball Research was founded and since then, baseball offers large amount of data.
Wise bettors use these statistics in their favor. No other sports has such a big base of useful statistics, that can be used for smart betting.
Higher Limits by Sportsbooks
Sportsbooks, like will offer higher limits on baseball betting, which attracts professionals, who bet bigger amonuts of money on games. The problem with smaller leagues are always limits, which is not the case here.
Many online betting sites offer great bonuses and promotions, when baseball season starts. Some of them even run contests and successful gamblers know how to take the advantage.
Domination in Summer
Baseball is played in the summer. The season starts in April and will end in November with the All-Star and and the peak of the season in July.
This is the period, where all other major leagues are not active. NFL, NBA, NHL, Big Soccer Leagues, College Basketball and College Football are finished earlier in the year.
During the summer, baseball is the only active professional US major sport. Many sports bettors who make a living from betting, turn to baseball during the season.
Lots of games
A regular baseball season has 2430 games in 6 months. No other pro sport has so many games.
Every single game is an opportunity for betting experts. The more opportunities they have, the more selective they can be.
Big Market
When it comes to smaller leagues and exotic sports, there is always a fear of fixing matches, dropping odds, smaller limits and even how serious are players, when they play games.
This is no the case in MLB baseball. Despite there were some scandals in the past, but baseball is considered as a big and serious market.
Both from sports and betting perspective. For every professional sports bettor, who fous on his betting skills rather then luck, it is very important that he can rely on his predictions, which are not then affected by some fixing matches.
Outro
Baseball betting is one of the most attractive betting markets in the world. Professional gamblers place millions of dollars every years on sports events and baseball is among the most attractive.