How to Bet on MLB Games
When it’s time to “play ball,” Online Gambling is here to provide you with the latest game betting lines, live betting options, and futures odds for MLB games. In this MLB betting guide, we will explore the most popular ways to bet on baseball and help you navigate the exciting world of MLB betting.
Moneyline Bets
One of the simplest ways to bet on MLB games is through moneyline betting. With moneyline bets, you are wagering on which team will win the game. It’s as straightforward as picking the team you believe will come out on top and placing your wager. Let’s take a look at how moneyline betting works using American odds:
Example:
New York Yankees -150
Toronto Blue Jays +120
In the above example, the New York Yankees are listed as -150 favorites. This means that if you are loyal to the Bronx Bombers and place a $150 bet, you can win $100. On the other hand, if you believe that the Toronto Blue Jays will pull off an upset, a successful $100 bet on them will result in winnings of $120. Before laying your wager, you can use our betting odds calculator to check the potential winnings.
Spread/Run Line
The run line allows you to bet on the margin of victory in an MLB game, similar to the point spread in NBA and NFL betting. However, due to the nature of baseball as a relatively low-scoring game, the run line is typically set at 1.5 runs. The payouts are determined by the moneyline odds associated with the run line. Here’s how it works:
Example:
New York Yankees -1.5 (+160)
Toronto Blue Jays +1.5 (-140)
If you believe that the New York Yankees can win the game by more than one run, you can bet $100 to win $160. On the other hand, if you think the Toronto Blue Jays will stay within one run of the Yankees, you would need to bet $140 to win $100.
Prop Bets
MLB prop bets allow you to go beyond the final score of the game and wager on specific aspects of an individual game. Player prop bets focus on the performance of an individual player, while team or game prop bets revolve around the performance of one or both of the teams involved. Let’s take a closer look:
Example:
Vladimir Guerrero Jr. home run total: OVER/UNDER 1.5 (+250)
Margin of victory: Yankees win by 3 or 4 runs (+400)
In the above examples, you can bet on Blue Jays slugger Vladimir Guerrero Jr. to have a big day at the plate. If he hits more than 1.5 home runs, a $100 bet will generate winnings of $250. The team prop bet focuses on the margin of victory. For your $100 bet to pay out $400, the New York Yankees must win by either 3 or 4 runs.
Over/Under Bets
Over/under betting, also known as totals betting, allows you to wager on the total number of runs scored by both teams in a game. Here’s how it works:
Example:
New York Yankees @ Toronto Blue Jays – O 9.5 (-115)
New York Yankees @ Toronto Blue Jays – U 9.5 (-105)
In the example above, the total is set at 9.5 runs. If you believe that these two teams will score more than 9.5 runs combined, you would bet on the OVER. If you think the game will be low-scoring and the teams will score fewer than 9.5 runs combined, you would go with the UNDER. Payouts for over/under bets are determined by the associated moneyline odds.
Futures
MLB betting extends beyond individual games with futures betting. Futures wagers allow you to bet on the success of a specific player or team over the course of the season. Whether you want to bet on which team will win the World Series or who will be named MVP, futures betting offers exciting opportunities. Here’s an example:
Example:
Odds to win 2022 World Series
Los Angeles Dodgers +500
Houston Astros +700
New York Yankees +900
In the example above, the Los Angeles Dodgers are listed as +500 favorites to win the World Series. This means that a successful $100 bet on the Dodgers would result in winnings of $500. Keep in mind that futures odds can change throughout the season based on team or player performance, providing potential opportunities for value bets.
Parlay Bets
If you’re looking to add excitement to your MLB betting strategy, parlay betting might be for you. Parlays allow you to combine multiple bets into a single ticket and offer enhanced odds, resulting in bigger potential payouts. However, all the bets included in your parlay must win for it to be considered a winner. Let’s take a closer look:
Example:
New York Yankees -150
Over 9.5 -115
Parlay odds +212
In the above example, we have a two-bet parlay featuring our hypothetical Yankees @ Blue Jays game. If the Yankees win their game and the total runs scored go over 9.5, the parlay is considered a winner. In this case, a $100 wager would return winnings of $212. Parlays can include bets from different games or even different sports, allowing you to combine bets and increase the excitement of your betting strategy.
MLB Schedule, Scores, & Standings
When it comes to MLB betting, it’s important to stay informed about the schedule, scores, and standings. This information can help you plan your betting strategy and make more informed decisions. Online Gambling provides an MLB Season Schedule, scores, and standings to help you stay up to date and maximize your knowledge.
FAQs
Is it legal to bet on MLB online?
Recent changes in legislation have led to the legalization of
