In Part I of Major League Baseball Wagering, we discussed many of the basic principles regarding betting, and we considered simple wagers that you could make. We learned how to read game lines and looked at some examples of typical and popular wagering opportunities. We now know how to use this information to intelligently wager on Major League Baseball (MLB). Now were going to take a look at more complicated types of wagering, including MLB futures, parlays, multiples, round robins and teasers.
MLB futures are appropriately named. You are betting on something that is fairly far down the road. A typical futures wager would be putting money down in May on which team will win the American League pennant or which two clubs will play in the World Series. Futures bets are placed on an outcome and not a single game and typically that outcome will not be decided tomorrow or the next day. You may make a futures wager that the Yankees will win the AL East when they are three games up with four to go in the regular season, but such a bet isnt going to have a very big payoff. The point is that with futures you can generally get much higher odds prior to the start of or early in the...