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A runline bet is a 1.5-point spread attached to a baseball game. While a team may be a heavy favorite on the moneyline, that team will own much reduced odds when pegged as a 1.5-run runline favorite.
Two types of bets that are key to matched betting are back bets and lay bets. A back bet is betting that a result will occur -- a traditional bet. One can back an overall win, a particular score, a half-time lead, the outcome of an election, or many other results.