Gambling on sports is now legal in the state of Ohio. Love it, hate it, indifferent about it – people can now do it and the Cincinnati Reds ownership is taking full advantage of it, too, closing down The Machine Room late in the season in 2022 to freshen it up and add the BetMGM Sportsbook at Great American Ball Park to the facility – which still serves food and beverages.
While lines and the like are generally set at something close to what the experts believe will happen, they aren’t exactly that. Instead they are set at what the book believes will lead to the right amount of money on both sides of the bet. It’s why you will see lines move if there’s too much action happening on one side – it’s not necessarily that the experts who set the line believe the line is incorrect, but that they need to get some money on the other side to hedge the wager in case it goes in the other direction.
With all of that said, Caesar’s released their over/under for the 2023 Major League Baseball season win totals for all 30 teams. As you can imagine, the total for the Cincinnati Reds is quite low. The sportsbook has the over/under set at 64.5 wins. That’s only higher than the Pittsburgh Pirates (62.5), the Washington Nationals (61.5), and the Oakland Athletics (60.5).
Within the National League Central division the Reds are well behind the St. Louis Cardinals, Milwaukee Brewers, and the Chicago Cubs. The Cardinals over/under is set at 89.5 wins and is at the top spot in the division. Milwaukee is next in line and has their over/under at 84.5 wins. The Chicago Cubs are between the good teams in the division and the really bad teams in the division and have their over/under set at 78 wins.
The New York Yankees, New York Mets, Houston Astros, and Los Angeles Dodgers all have their over/under set at 95 wins or higher, with the Dodgers at the top with 98.5.