MLB Odds, Daily Betting Lines & Spreads
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MLB Odds And Lines
The MLB season is here and it’s time to play ball. With Odds Shark’s daily MLB odds, you’ll have all the sports betting information needed to place your MLB bets from opening day odds to World Series odds. The MLB Vegas odds at the top of this page let you see which online sportsbooks are offering the best Major League Baseball odds and MLB betting lines.
With Odds Shark’s assistance, you can see all of the MLB odds today, and quickly locate the online betting sites offering the best moneyline odds and the most competitive MLB lines on the point spread and totals. Don’t hesitate, let’s get you set on the right foot so you can wager on Major League Baseball tonight.
MLB Odds Legend
MLB Moneyline Odds
The moneyline replaces the point spread because many MLB games are low-scoring 2-1 or 4-2 games. An easy way to get started in MLB baseball betting lines, the moneyline is fun and simple to bet. All it takes is betting the team you think will win the game – not win by a certain number of runs, but just as an outright winner.
When you see negative values such as -190 in MLB baseball lines, that indicates the favorite. Positive values such as +170 reflect MLB underdogs. If you envision the number 100 sitting between these two values, it is easier to understand how it works.
If you want to bet on that -190 favorite, you would risk $190 to win $100. On the +170 underdog, you would bet $100 for the chance to turn a $170 profit if the underdog wins. You have to risk a bit more to back the favorite and you get a higher payout by backing the underdog.
Now that you know how baseball moneyline betting works, check out the MLB lines today, and get in on the action.
MLB Runline Odds
Identical to a puckline in hockey betting, this serves as a hybrid within Major League Baseball lines between the moneyline and point spread. A team has to win by two or more runs in order to win the wager in a runline bet.
When betting on today’s baseball games, MLB spreads are represented the same way they are in the majority of other popular sports. The negative value of -1.5, for example, would represent a team favored by 1.5 runs.
The positive value +1.5 in MLB Vegas odds indicates a team is the underdog by 1.5 runs. Picking the favorite to beat the runline means the team has to win 4-2 or by some other margin of at least two runs. A 3-2 victory is a loss on the runline when it comes to baseball spreads.
The underdog team, on the other hand, can lose by one run and still cover the runline spread. You may see -105 or +130 MLB baseball odds connected to the runline. This is the moneyline part and indicates how much you need to risk and how much you will profit.
If the Los Angeles Dodgers are favored at -1.5 (+105) and you wagered $100, that means you would profit $105 (+105) if the team wins by two runs or more. On the other side, if you decided to back their opponent, the Los Angeles Angels, listed at +1.5 (-170), you would have to risk $170 (-170) to back the team. If that team wins, or loses by just a single run, you have a winning baseball wager of $100.
MLB Total Or OVER/UNDER Odds
Known as OVER/UNDER betting odds, this form of baseball wagering involves deciding if the total number of runs scored in the game by both teams combined will be more or less than a certain number set by oddsmakers.
That certain number is an MLB total. Baseball totals usually range from a low of 6.5 to 11.5 or 12. If you see 9.5 and decide to bet OVER, you are predicting 10 or more runs will be scored. If you bet UNDER, you want nine or fewer runs to be plated.
Where you see a moneyline value associated with the total, this is the vig or juice for selecting either the OVER or the UNDER. When you see 8.5, u-115, that means the total is 8.5 runs and you have to risk $115 (-115) to bet the UNDER (u means UNDER).
If the final score is 4-3, the total is 7, which is UNDER 8.5, and you pocket $100. You will also see values for the OVER like 8.5, o+115. Here, you profit $115 (+115) by risking $100 if the game ends 8-4 (as 12 is more than 8.5 total runs). Check out today’s MLB games and see if you can spot a diamond in the rough, and secure your winning bet.
MLB Parlay Best Practices
A great way to add some bang to your buck, an MLB parlay gives you the ability to wager on multiple games in a single bet. A parlay is multiple bets strung together that increase the total odds and winnings of a bettor. In order to win, you must wager correctly on each bet; if even one of your selections flops, then the whole house of cards comes toppling down.
If you wager on the Toronto Blue Jays, Baltimore Orioles and St. Louis Cardinals to all win on the moneyline, all three teams must be victorious in their games for you to receive a payout on your bet. If one of the three loses, so does your bet.
Experienced bettors are able to generate massive wins by using the parlay method of betting, while still wagering a small amount. While the odds may be against you, sometimes you gotta go big to go home.
Wagering On Futures Odds
MLB futures allow baseball fans to bet far in advance of significant Major League Baseball games and events over the course of the MLB schedule. A futures wager on the MLB season concentrates on the biggest athlete and team accomplishments each year. For instance, baseball bettors can wager on the AL and NL pennant winners, divisional winners, conference winners, MVP, Cy Young and, of course, the World Series winner.
Successful futures wagers, like most things in life, are all about timing. The earlier you strike on the action, the better the payouts will be if you win the wager. Similar to betting MLB live odds, you have to strike while the iron’s hot, securing the best possible odds on a futures bet.
Baseball odds today are gone tomorrow, so don’t hesitate when you have a strong feeling. But if you would rather err on the side of caution, hold off and wait to wager on a futures bet. Just like you might lay off an off-speed pitch, you’ll have more data to evaluate before placing your bet.
Be sure to stay updated on all the latest futures odds for the MLB, and learn more about how to bet on MLB games online with Odds Shark’s baseball betting odds tutorial.
MLB Odds FAQ
How Are MLB Odds Determined?
MLB odds are created to draw equal action on both sides of an MLB betting line. Ideally, a sportsbook receives equal betting volume on both sides of a Major League Baseball bet, and then the sportsbook will make five to 10 percent on the juice or the “vig”, win or lose.
What Do Odds Of +200 Mean?
If an MLB moneyline is a positive number (+200), then that number is the amount of money you would win if you were to wager $100 on a bet, and be correct. So a moneyline of +200 means that you would win $200 on a successfully predicted wager of $100. In other words, you win $200 if you bet $100 and are right. This is an essential concept to familiarize yourself with when learning how to bet on MLB.
Why Bet On Negative MLB Odds?
Betting on negative MLB odds (-200) means you’re a little more likely to win that wager because the minus symbol (-) is an indication that you’re betting on the favorite. When wagering on positive odds (+), or the underdog, the payout will be better, but the probability of winning your wager won’t be as high. It’s essentially risk vs reward.