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Best MLB Betting Sites

Known widely as America’s pastime, the MLB has been a part of US culture for over 100 years and counting. While MLB viewership is rather high, in comparison to the other professional sports in the US, MLB betting is not nearly as popular. That is not to say there are not ample opportunities to bet on MLB games; the number of games in the regular season nearly doubles both NHL and NBA. More games; more opportunities to bet. 

Having a completely opposite schedule than the more common betting sports such as NFL and NBA, one might think that bettors would participate in MLB betting as there is not much else to bet on during the summer months. 

Interested? Here’s a helpful guide to betting on MLB games: 

Top MLB Betting Sites
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#1
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Betting on the MLB

Knowing the ins and outs of baseball rules and team statistics is essential to get started with MLB betting. Having basic knowledge of the players and teams – though there is a lot of them – will help you make the best decisions in regards to your bets. There are several different betting options and types that are available for each game, the tricky part is selecting the type that best suits your needs. Though it’s not necessary to use all the types and options listed below, it is helpful to have a basic understanding of each one. 

MLB Betting Options

When it comes to betting on the MLB, there are three forms of straight bets which you need to know:

Run Lines

Run lines are very similar to a point spread in football or basketball. The oddsmaker will adjust the line so the underdog will receive an advantage in the matchup. Typically, the underdog will receive +1.5 runs and the favorite will receive -1.5 runs. In this case, if the underdog loses, they mustn’t lose by more than two runs, and if the favorite wins, they will need to win by at least two runs. The standard run line is 1.5 but can have alternative odds between 2.5 and 3.5 runs. 

Totals (Over/Under)

Betting on the totals in MLB is similar to betting the totals in any other sport. The only significant difference is that baseball usually has far less scoring than other sports. The average total in MLB betting is 7.0 runs, but can range from 6.0 to 10.0, depending on the matchup. The oddsmaker selects one of these numbers and bettors must choose whether they think the total combined score of both teams will be over or under that number.  

Moneyline

Moneyline bets are the more common option for MLB betting. A Moneyline bet requires bettors to pick an outright winner of the matchup. If the Yankees (+110) are playing the Reds (-120), the Reds are the matchup favorite and the Yankees are considered the underdog. Bettors must decide who they think will win the matchup. Selecting the underdog will usually result in a larger payout due to the risk of the pick. 

 
Types of MLB Bets Offered

If you are looking for a bigger payout or better entertainment value than straight bets can provide, try one of the following wagering options offered at most MLB betting sites:

Parlays

Parlays in MLB betting differ from the fixed odds in football and basketball. When it comes to an MLB parlay, all selected teams must win their games for your ticket to payout. If even one of your selected teams loses, the whole ticket is considered a loss. 

Live Betting

Late to the party, sportsbooks did not enable live betting for MLB until recently. Live betting for MLB allows bettors to wager on the outcomes of an at-bat or inning. With the frequent stoppages in baseball, it allows for plenty of odds and line adjustments. 

Props

MLB prop bets aren’t overly popular, but still exist and are available. Compared to the prop bet markets in the NFL and NBA, they have very few options. High profile games such as the World Series playoffs, have plenty more options and markets. Most prop bets will revolve around player statistics, such as the number of runs or hits by a specific player, or the number of strikes a pitcher might throw. 

Futures

Futures are long-term bets that take place at a later date. Predicting the winner of the World Series is a great example of a futures bet for MLB. Another example would be predicting the National or American League Champions and usually can result in a generous payout. 

Basic Strategies and Tips
  •     Use a reputable and trustworthy sportsbook. See above for a few recommendations. 
  •     Do your research
  •     Keep an eye on the bullpen – today, a pitcher usually doesn’t throw a whole game.