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With a global pandemic having shut sports down for more than four months, sports bettors are now hungry to bet just about anything. One of the first US sports leagues to return, albeit with an abbreviated season, is Major League Baseball. As a bookmaker, there is money to be had taking bets on Major League Baseball, but there are some dangerous situations that must be avoided that are specific to 2020. The established Pay Per Head businesses can help guide you through the process.
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Gamblers and bookmakers did receive a pleasant surprise just as the season opener was about to get underway as the league announced an extended Playoffs in terms of the number of teams able to take part. Any additional games translates into more money, and hopefully an increased profit margin.
With the pandemic still in full affect there are concerns that need to be addressed. Most notably, starting pitchers could be pulled last minute should they test positive for Covid-19. As such, some of the bigger books had stopped listing pitchers, but once the games got underway, books began reverting back to the old rules.
Likewise, the implementation of a 8.5/9 inning policy for a game to have action lasted all but two days. Most books reverted back to the 4.5/5 inning rule for bets to have action.
The best way to compete when it comes to booking Baseball in a free market (i.e. states that offer legalized sports betting) is to provide the best prices and a true dime line at a much more aggressive numbers (anything over -160).
Parlay prices should be attractive and these types of bets encouraged. They are fun, they pay nicely but parlays are also "sucker bets". That's because, more often than not, one of the teams in a bettor's parlay end up losing.
You will most definitely want to sign up with a Pay Per Head that features a free trial period, competitive pricing per customer (PricePerPlayer charges $10 per head/player each week), and live in-play wagering.
- Dan Shapiro, Gambling911.com
