Baseball Betting Tips: Why A Dimeline Is Important
Saving dimes on your odds can add up.
Using sportsbooks that offer dimeline odds will provide you with a substantial advantage when it comes to baseball betting.
The term ‘dimeline’ means when the difference between what favorites and underdogs pay on a moneyline wager is 10 cents. For example, if the Mets are listed as -130 favorites and the Dodgers are listed as +120 underdogs, the difference between the line is 10 cents – or a dimeline.
Compare the dimeline to the standard 20-cent line that most sportsbooks use. With a 20-cent line, the Mets might still be a -130 favorite but the Dodgers would pay only +110 as underdogs.
Simply put, sportsbooks that offer dimelines on baseball betting (like Pinnacle Sports and 5Dimes) are charging you less juice (or vigorish) than those who only offer 20-cent lines. And that can make a big difference to your bottom line, particularly if you – like most successful baseball bettors – bet on a lot of underdogs.
The same applies to betting on totals. Most sportsbooks offer a 20-cent line on totals (over -110, under -110), but some books like Pinnacle Sports and 5Dimes offer dimeline betting on totals (over -105, under -105).
It may not sound like a lot, but a few extra cents on all your wagers will quickly add up.
Here’s an example:
Bettor #1 bets 100 games at a sportsbook that offers only 20-cent lines. Betting $100 a game, his winning percentage is 50 per cent and his average bet is on +105 underdogs. His 50 wins at +105 odds pay him $5250. His 50 losses at $100 a bet cost him $5,000, so he nets $250 profit after 100 bets.
Bettor #2 bets the same games at a sportsbook that offers a dimeline. Betting the same $100 a game, his winning percentage is also 50 per cent, but his average odds on his bets is +115. His 50 wins at +115 odds pay him $5750 and his 50 losses at $100 a bet cost him $5,000, leaving a profit of $750 after 100 bets.
Bettor #2 made $500 more, or triple the profit, of Bettor #1 while betting similar amounts on the same games.
Triple the profit? Sounds good to us, and the only thing we needed to do was use a sportsbook that offered a dimeline on baseball betting.