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How To Bet on MLB Baseball

During the summer months, baseball takes center stage, offering sports bettors a variety of unique wagering opportunities. A successful MLB betting strategy considers the performance of starting pitchers and bullpens, team home/away records and head-to-head records, and what to expect from each team’s offense.

With baseball lines available daily, both novice and hardcore sports betting fans can get in on the action. Remember, there’s no crying in baseball but there is in betting.

Betting the MLB Moneyline

Moneyline bets involve picking an outright winner. However, like everything in life, it comes with a price. Wagering on a moneyline favorite always pays less than winning a bet on an underdog.

Let’s say the Minnesota Twins are hosting the Chicago White Sox. A game line would look something like this: Chicago +170 Minnesota -200

The above game line means a bet on the favored Twins – not the favorite twin from the movie Twins – would cost you $200 to win $100. On the other hand, a White Sox win would net you $170 on a $100 wager.

With even the best teams typically losing about 40% of their regular season games, frequently siding with big favorites can be a risky proposition for novice sports betting fans.

Handicapping small favorites and underdogs, particularly home underdogs, while watching out for good pitchers on bad teams, can go a long way in helping you steadily build your bankroll. Think of the 2018 Mets and how they had one of the best pitchers in the game (Jacob deGrom) but could not give him any run support at all. It’s like they were allergic to scoring runs.

Learn more about the moneyline here.

Betting MLB Totals

MLB totals betting allows you to wager on the total number of runs that will be scored by both teams in a game. Oddsmakers establish a betting line representing the total number of runs, giving you the option to wager on the OVER or UNDER.

Moneyline odds can also be attached to the line like one of those dryer sheets that ends up in your T-shirt and you don’t notice until you’re in the middle of an important meeting and have to discreetly pull it out.

Let’s pretend the Dodgers are playing the Rockies which could really happen in real life. A totals bet odds attached would look something like this:

Los Angeles 8.5 OVER -120

Colorado 8.5 UNDER +105

In this example, the total is set at 8.5 runs but the OVER is favored, requiring a $120 wager to win $100.

Learn more about totals betting here.

Betting the MLB Runline

The MLB runline is a 1.5-run spread on a game. It’s basically baseball’s version of the point spread.

An example of a runline would be:

Boston +1.5 -140

New York -1.5 +110

While the Yankees may be -200 moneyline favorites to defeat the Red Sox, their odds of winning by 1.5 or more runs could be dramatically longer, and may even make them underdogs. The Red Sox could lose the game by a run but pay off as a favorite on the runline.

Learn more about the runline here.

Betting MLB Futures

Baseball futures betting is available all year long. During the offseason, the regular season, the pennant races and the post-season, sports bettors can wager on which team will be crowned World Series Champion, league pennant winner and division title winners. You can also make player-specific futures bets like who will win MVP, who will be the homerun leader, which pitcher will win the Cy Young and who will eat the most seeds during the course of the season. Okay, we made up the last one up.

Learn more about futures betting here.

Odds can change daily for an MLB game so make sure you lock it in to the OddsShark baseball pages before you make your bets.