Want to know which team is getting all the action? The table above provides the betting percentages for the spread, money line and total for the upcoming baseball games. While betting percentages don't tell you how much money is being wagered on one side over the other, it lets you know which side is receiving the majority of the bets.
This information can be useful in getting a feel for how soft the public perceives a line to be. If the Yankees are listed as a -120 favorite against the Blue Jays at home and 70% of the action is coming in on New York, this might be a game you want to stay away from. While oddsmakers make mistakes and put out bad lines, the vast majority of the time they have set a particular line for a reason. This much action on one side of a small line like this, is a good indicator that's there's a key factor in play that most aren't paying attention to. While it could end up winning, most of you are aware that the general public doesn't win long term.
A common thing that experts like to look for in combination with betting percentages, is the games where you have a high majority of action (60% or more) on one side of a game and the line or total move in the other direction. If 70% of the bets are coming in on the Yankees -120 and the line drops to -115, that's what known as a reverse line movement. It's essentially informing you that while there's fewer bets being made on the Blue Jays, the amount of those bets is exceeding that of the bets on the Yankees. More times than not, those big wagers are a result of sharp bettors, who have a history of long-term success (or they wouldn't be doing it for a living).
The important thing to keep in mind with baseball, is that it's primarily a money line sport. If a team is listed as a big favorite (-150 or more), they are almost always going to have the higher betting percentage.