What Does TT Stand For?
The most common and popular baseball betting market is ML or Moneyline, where you pick the winning team and bet on it to win the game. Still, totals betting is pretty popular in MLB betting. With totals, you should bet on the total amount of scored runs in a given match. TT or Team Totals is a submarket of totals betting. It is essentially the Over/Under market that you may be already aware of.
TT stands for Team Tota,l and in Baseball betting, refers to a bet on the over/under amount of a team’s total runs scored in the match.
So, with this specific betting market, it does not matter which team wins the game as the offensive production, i.e. number of runs, of either team matters.
The Best USA Online Casinos of Nov 2024
Payouts Explained: How To Read TT Baseball Odds?
Baseball Team Total odds essentially work the same as other sports Over/Under odds. For example, suppose you want to bet on the Baltimore Orioles against the Tampa Bay Rays at Betonline sportsbook. Oddsmakers set the TT odds for the Baltimore Orioles as follows:
Baltimore Orioles TT | Over 4.5 | -105 |
Baltimore Orioles TT | Under 4.5 | -105 |
If you believe that the Orioles’ total runs scored in the match will be 5 or more, you should bet on the over 4.5 option. It means if you wager $100 and the team scores 5 or more runs, you will win $92.2 plus your initial bet. On the other hand, if you believe they will score 4 runs or fewer, you go with the under option. If you bet $100 and the total runs are 4 or fewer, you receive the same payout as the over option, as the odds for either side are the same in this example. The odds for either side may be the same or slightly different according to the oddsmaker listings.
What Are The Main Downsides To Baseball Team Total Bets?
Every betting option comes with its hits and misses, and Team Totals are no exception. The main downside to this baseball betting market is reduced payouts compared to other options like Moneyline or point spreads(run lines). In addition, you have to factor in the juice on either side of the listed TT odds. Another problem is that there are not many line shopping opportunities as TT odds do not differ much from sportsbook to sportsbook. It means you cannot shop around for better payouts.
Final Thoughts
So, should you bet on baseball team total? Yes. Betting on TT could be a profitable wager as long as you know the game and baseball betting essentials well. You should be pretty confident in the team’s defensive performance in order to place a wager with a higher chances of winning.
If you are new to baseball betting or need a refresher guide on essential concepts, don’t miss out on the opportunity to read this comprehensive guide on baseball betting.
The Best USA Online Casinos of Nov 2024