MLB Dime Lines Betting
Line shopping is one of the most important aspects of MLB betting.
For baseball bettors, it’s imperative that they look for dime lines when betting America’s pastime.
Not using dime lines or nickel lines when betting on baseball means simply giving away money and it eventually will kill a bettor’s bottom line.
Read on to learn what a dime line is, and why you should be looking for them if you want to be successful at sports betting.
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What Is A Dime Line In Baseball?
MLB dime lines refer to the difference in the line between the favorite and the underdog. A baseball line would qualify as a dime line if there’s a 10 cent difference between the two lines.
The sportsbooks make their standard 10% juice on dime lines. Bettors may not realize it, but just about every point spread would qualify as a dime line.
However, due to the lack of a point spread for moneylines in baseball betting, the difference between the favorite and the underdog becomes all the more necessary.
MLB Dime Line Bet Example
Below is an example of a baseball bet on a sportsbook that offers 20 cent lines:
- Los Angeles Angels -140
- Texas Rangers +120
Notice that the difference between the underdog and the favorite is 20 cents.
Most sportsbooks that don’t offer dime lines will have a 15-20 cent difference between the favorite and the underdog.
Now let’s look at the same game but with a dime line:
- Los Angeles Angels -140
- Texas Rangers +130
As you can see the Angels are still -140 favorites, but the Rangers have a much better price at +130. The difference between favorite and the underdog is just 10 cents, making this line a dime line.
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MLB Dime Line Betting Strategy And Advantages
The advantage of dime lines should be quickly apparent. Bettors will profit 10 cents more on underdogs when betting with a dime line compared to a sportsbook that offers 20 cent lines.
This may not seem like much when it comes to one bet or game, but as we discussed in our line shopping guide, the savings generated from getting an additional 10 cents on each bet adds up to massive savings over an MLB Season.
Even those that wager as small as $100 per game will save themselves thousands of dollars. Those who go for high stakes betting will save tens of thousands.
Betting Underdogs And Nickel Lines
Winning baseball bettors know the value of underdogs and will be wagering more on dogs than high-priced favorites.
This makes dime lines even more valuable in addition to the savings generated from getting a better line.
Nickel lines, meaning the price difference between the favorite and underdog is 5 cents is an even better value.
These aren’t offered nearly as much as dime lines, but can still be found at some online sportsbooks.