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1xBit Team
2022-06-16 19:01:00

Baseball Betting: How to Bet on Baseball with Bitcoin

baseball betting
 

Baseball is one of the most popular sports in the United States, with millions of fans around the country and across the globe. 

Read on to find out how you can participate in baseball betting online using cryptocurrency.

 

Table of Contents

  • What is Baseball?
  • Why Is Baseball a Great Sport to Bet On?
  • Top Baseball Leagues You Can Bet On
  • Popular Baseball Bets You Can Place on 1xBit
  • How to Bet on Baseball with Bitcoin on 1xBit

 

What is Baseball?

Baseball is a highly popular sport in the United States, drawing hundreds of thousands of fans into stadiums and garnering millions of views on television. 

With 162 regular-season games plus the playoffs, there is plenty of action for baseball fans. From match-winning home runs to riveting strike-outs, Baseball has a lot to offer. 

 

Why Is Baseball a Great Sport to Bet On?

baseball betting

 

The popularity of baseball betting comes from the fact that bettors can make good money out of it. Baseball has particular aspects that can make it profitable for bettors. 

Baseball is a simple contest between the batter and the pitcher on the one hand. On the other hand, it is between the base runner and fielder once the ball is in play. These few moving pieces make it easier for people to participate in baseball betting online. 

The length of a baseball season is also good enough to track data and trends so as improve your betting strategies.

Moreover, due to the low scores in a baseball game, bettors don’t have to work with point spread betting. Instead, they can just pick the outright winner, which is often more profitable. 

Also, unlike other sports, baseball underdogs win at a higher rate, making it a great sport for betting. 

 

Top Baseball Leagues You Can Bet On

baseball betting

 

As a world sport, baseball has various leagues that you can bet on. Here’s a look at some of the best baseball leagues to bet on.

 

Major League Baseball

The American Major League Baseball (MLB) is the biggest baseball league in the world. The MLB is split into the National League (NL) and the American League (AL), each with 15 teams. Each of these teams plays 162 games, most of which are played within their divisions. 

The AL and NL divisions are divided into three, namely, East, West, and Central. Teams in the highest ranks of the regular season are promoted to the post-season playoffs. The winner in the playoffs is crowned the MLB champion.

 

Minor League Baseball 

Minor League Baseball (MiLB) is composed of teams affiliated with Major League Baseball. Every MLB team has a network of farm teams purposely created for player development. It is the starting point for rookie baseball players before joining MLB. 

The MiLB is classified into various Minor League categories, which run from the highest to the lowest. These include triple A, double A, High A, low A, class A short season, and 2Rookie ball teams. Players in the triple A category are most likely to join MLB, while the ones in 2 Rookie ball teams are newly drafted.

 

Liga Mexicana de Beisbol (LMB)

The LMB is the highest professional baseball league in Mexico. It's comprised of 18 baseball teams organized into the North and South divisions. LMB teams play a total of 114 games in one season.

The best five teams of each division proceed to the postseason tournament. The winners of the two post-season divisions proceed to face each other in the best of seven series. The winner of the best of seven series becomes the champion.

 

Nippon Professional Baseball (NPB) 

NPB is the highest level of all Japanese baseball leagues. It consists of two divisions, the Pacific League and the Central League, each with six teams. The NPB also has two minor leagues for player development before joining the major league team.

The league features 146 games in a season, out of which 73 are played at home while the rest are on the road. NPB teams play six games a week, with Monday being the only day off. The winning teams of the regular season get promoted to the Nippon series for the best of seven series. The first team with four wins becomes the overall champion.

 

World Baseball Classic

Established in 2006, the World Baseball Classic is an international tournament attended by teams from around the world. It is the only league allowed to name a World Baseball Champion because the teams participating come from all over the world, including the Major League Baseball. 

The World Baseball Classic is held every four years and the next one is in 2023. So far, 20 international teams have competed in this event, making it a great event for betting on baseball.

 

Popular Baseball Bets You Can Place on 1xBit

Here are some of the popular bets you can place on the 1xBit platform.

 

Live Baseball Betting

Here you can place our wager while the game is in play. You can select over/under, who the outright winner is, which team to score the first or last inning, and more.

baseball betting

 

Over/Under

On this wager, you select the number of goals you think your baseball team will win by. If you selected +2.5, it means that the team wagered on must finish with at least 3 points.

 

Point Spread / Handicap Betting

This is where you bet on the margin you think the team will win by. For instance, you can wager on the number of points you think your team will win with.

baseball betting

 

Team1/2, Result + Total

You can wager that a certain team will win and also predict that the total results will be over or under a certain result. 

For example, you can bet that Cincinnati Reds will win the game against Arizona Diamondbacks with more than 9.5 points.

baseball betting

 

Run in Inning

At 1xBit, you can wager on whether there will be a run in the first inning. It doesn’t matter which team makes the run here. 

To illustrate, you could bet that Cincinnati Reds will have a run in the first inning against Arizonabacks.

 

First Run

On this wager, you can choose the team you think will have the first run in an inning. For instance, you can wager that Arizona Diamondbacks will have the first run.

 

First Run and Winning

Here you only need to predict the team you think will have the first run as well as win the game. For example, you can bet that the Arizona Diamondbacks will score the first run and eventually win the game against Cincinnati Reds. The game must end exactly that way for your wager to go through.

baseball betting

 

Last Run

1xBit allows you to bet on who you think will make the last run in a baseball game. In this case, could predict that the Cincinnati Redds will have the last run in the game against Arizona Diamondbacks.

 

Win By

On this wager, you can predict that your favorite team will win by a certain number of runs or more. To illustrate, you can wager that Arizona Diamondbacks will win by four or more runs.

baseball betting

 

Scoring Hits

This is where you wager that your preferred team wins by the most hits. For instance, you can wager that the Cincinnati Reds will win by the most hits in the game.

 

How to Bet on Baseball with Bitcoin on 1xBit

Let’s go over how you can bet with Bitcoin on 1xBit. 

 

Create an account on 1xBit

baseball betting

Open 1xBit.com on your browser. Then, click the ‘Register’ button at the top left side of your screen. Fill in your details and then click ‘Register’. Once done, deposit Bitcoin to your 1xBit account to start betting on baseball.

 

Select Your Matches

Click on the ‘Sports’ tab on the left side of your screen. Then, select ‘Baseball’ from the drop-down list. Select your match odds before placing a bet.

baseball betting

Place Your Bet

Place your bet by entering the amount you want to wager on the right side of your screen. Details on the outcome of your odds will be displayed on the same end as well. 

Click on ‘Place A Bet’ to activate your wager. The amount will be deducted from your 1xBit account.

baseball betting

 

Your winnings will also be deposited to your 1xBit account in mBTC, and you can withdraw in the cryptocurrency of your choice. 1xBit accepts 40+ cryptocurrencies.

Sign up to 1xBit today to start betting on Baseball.