World Series 2015
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Baseball is known as America’s past-time, but it has a fairly big following north of the border as well. Granted, it isn’t as popular here as it is in the US and it certainly isn’t popular enough to overtake hockey, basketball and other sports, but there is no shortage of MLB fans in the great north.
As Canadians, we also have one thing over many US fans of baseball, which is the fact that sports book gambling is widely available in Canada. Sites like BetFair, which has millions of users all over the world, is legal throughout all provinces, which many US gamblers could only dream of. After all, this is more than just a sports book. It is a gambler’s paradise, with a casino, an arcade, a poker room, a sports book and, just to top it off, the world’s biggest betting exchange. It literally has it all, and when it comes to betting on MLB and on the World Series in particular, then there is no better place.
The Road to the World Series
The World Series itself is not necessarily the best way to gamble on this sport and this league, but the road to the World Series is. If you have a good idea of which teams will be the best at the beginning of the season, if you know your stuff, study the drafts, the form and the latest news, then you can bag yourself a very nice profit. The people who make a lot of money from gambling on this sport are not the ones that place huge sums on single games, with odds of Evens or less. There is no money here purely because to make a million, for example, you need to gamble half a million. These sort of bets make the rich richer and the poor poorer, as the expression goes, and whilst they can also make the rich significantly poorer, it rarely works the other way.
If you consider the odds at the beginning of the season though, then even the favorites, the ones that everyone thinks will make it all of the way, are much higher. Of course, there is a long way for them to go, and anything can and often does happen, but those are the joys of gambling.
The best approach for us, and for many gamblers, is to pick-out a dark horse, which is a team that is rated as an outsider before the season begins, but surprises everyone once it gets underway. By definition these are not easy to spot, but if you know your stuff and you take a chance, then one will come your way eventually. The goal with these bets is not to wait for them to win the World Series, because whilst a few wins and a good run is possible, it might be too much of an ask for such an outsider to go all of the way. That’s why BetFair’s cash-out exists, and if you use this correctly then you can win big before your team even wins or loses.
BetFair’s Cash-out Explained
Simple put, “cash-out” lets you settle your bet early, whether it is winning or losing. In this way the gambling markets become like the stock markets, allowing you to take a big profit when things are going well, and offering you the chance to cut your losses when they are going poorly. As an example, if you get outside odds of 50/1 for a team to win the World Series before the season begins, and they begin by winning their first 10 games or so, then those odds will drop. By cashing-out, you are effectively profiting from the difference. You will never get as much as you could get from waiting for the bet to settle, but if you are offered a profit right now of $100 without any catches, or the potential to win $110 or lose everything, then you’ll probably take the $100 and run.
Cash-out is not just available for the season, it can also be used during games, including during the World Series itself. So, if your team is up 2-0 for the series and you’re a little nervous that they will throw it away, then cash-out, take a profit and then watch the rest of the game knowing that regardless of what happens, you’ve already won.
Other Bets on the World Series
When it comes to actual bets on the World Series itself, there are many markets you can choose from. BetFair have by far the most of these, and like the Super Bowl, the World Cup final and other major events, they really go to town when the World Series is on. You can bet on everything from the Win/Lose markets, to the most home-runs, the most runs, the most catches, the earliest strike-outs, etc.,
If there is something to bet on in the World Series, then there is a good chance that you can gamble on it on the BetFair betting exchange.
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