Betting Guide For Online MLB Sportsbooks
Betting on MLB baseball is a rewarding long-term experience, predicated on the normally extensive MLB season. With each team playing 162 games in a normal season, there is a lot of value in statistical analysis when it comes to MLB betting. For experienced bettors or somebody getting into it for the first time, baseball is the major sport that is most easy to comprehend via statistics.
The best way to get started betting on baseball is to work on understanding which games you should bet on. Between teams having hot streaks, some batters performing badly against left-handed pitchers, and knowing which teams have consistently covered the spread in the past, America’s favorite pastime, can become enhanced with high potential payouts.
Best MLB Sportsbooks
Betting on the MLB is one of the longest-running sports that you could bet on and MLB sportsbooks have been offering odds on the sport for well over a decade. These MLB betting sites have more to offer than just MLB odds though, you’ll come across online sportsbook bonuses for MLB and a variety of platforms that you can access them from. MLB sportsbooks do a great job of offering quality odds and convenience across the board.
- $1,000 MLB Betting Bonuses
- MLB Odds All Year Round
- Crypto Betting On The World Series
At Bovada, MLB bettors are given over five dozen MLB betting types on every game! With props such as first inning scoring and margin of victory, bettors can also take multiple lines on the run total, spread, and more. Be sure to check out their MLB specials as well, as the season’s top news can be bet on. Bovada offers h2h comparisons on Major League Baseball, giving bettors the slight edge they may need to make a bet work.
BetOnline offers some of the best odds for pro baseball ranging from more than the run line, moneyline and run total. With individual team scoring, adjusted run lines, and R+H+E bets, there is plenty to find at BetOnline. Their MLB player futures odds cover MVP and CY Young races, division leaders, and more. For those baseball lovers, they can also find access to Nippon Professional Baseball (NPB) betting or Korean Baseball Organization (KBO).
For those looking for a basic betting platform, SportsBetting is the one to go to. While it is not basic in terms of security or abilities, the easy and organized design gives MLB bettors an easy route to home plate. With grand salami odds or daily props regarding the home and away teams’ run total, laying action at SportsBetting is a breeze. Be sure to check out how the lines move at SportsBetting, as they are often the best bet for MLB favorites.
MLB odds are all over MyBookie from World Series matchups to game props and even season-long contests. Baseball bettors will enjoy their time at MyBookie, as they even post daily news articles that help bettors with statistical information and even introduce them to additional free picks. With betting analysis built right in with the site, it’s a winning combination for the casual or major baseball betting fanatic. Try your skill at MyBookie today!
XBet is an excellent sportsbook for sports bettors looking to spice up the MLB season and playoffs. MLB is known for its long, dragging seasons (this year being an exception), and what better way to make them interesting than some fun wagering! XBet provides a platform for all the wagers you’d want to make on the MLB, and then some. In addition, XBet prides itself on offering fun prop bets for your enjoyment.
Current 2023 World Series Odds
The 2023 World Series odds are posted on MLB sportsbooks far in advance allowing you to get in on them at their most valuable position. The World Series odds do shift dramatically throughout the season as teams win and lose. The Los Angeles Dodgers opened as the preseason favorite and have remained in that vicinity since they first opened in November.
2023 World Series Odds
- Houston Astros +600
- Atlanta Braves +750
- New York Yankees +750
- Los Angeles Dodgers +800
- San Diego Padres +850
- New York Mets +950
- Toronto Blue Jays +1200
- Philadelphia Phillies +1700
- Seattle Mariners +1800
- St. Louis Cardinals +2000
- Tampa Bay Rays +2000
- Cleveland Guardians +2500
- Los Angeles Angels +3000
- Chicago White Sox +3500
- Milwaukee Brewers +3500
- Minnesota Twins +3500
- Boston Red Sox +5000
- San Francisco Giants +5000
Past MLB Pennant Winners
Past AL Pennant Winners
| Year: | Team: | Preseason Odds: | Closing Pennant Odds: |
|---|---|---|---|
| 2022 | Houston Astros | +475 | -185 |
| 2021 | Houston Astros | +1000 | -155 |
| 2020 | Tampa Bay Rays | +750 | -185 |
| 2019 | Houston Astros | +300 | -165 |
| 2018 | Boston Red Sox | +650 | +125 |
| 2017 | Houston Astros | +530 | -170 |
Past NL Pennant Winners
| Year: | Team: | Preseason Odds: | Closing Pennant Odds: |
|---|---|---|---|
| 2022 | Philadelphia Phillies | +1300 | +105 |
| 2021 | Atlanta Braves | +500 | -150 |
| 2020 | Los Angeles Dodgers | +160 | -220 |
| 2019 | Washington Nationals | +800 | -140 |
| 2018 | Los Angeles Dodgers | +320 | -165 |
| 2017 | Los Angeles Dodgers | +500 | -190 |
World Series MVP Betting History
The most coveted award that a player could win throughout the playoffs and the World Series is the World Series MVP. These odds usually open once the playoff teams are set and shift throughout the playoffs depending on which teams get eliminated and also how each of these players are performing in the playoffs.
Past World Series MVP Winners
| Year: | World Series MVP (Team): | Odds: |
|---|---|---|
| 2022 | Jeremy Pena (Astros) | +1100 |
| 2021 | Jorge Soler (Braves) | +3300 |
| 2020 | Corey Seager (Dodgers) | +1200 |
| 2019 | Stephen Strasburg (Nationals) | +1400 |
Betting On NL And NL Exact Outcome Odds
One of the most popular World Series prop bets that you could find early on are the odds for the exact matchup and which two teams will face off in the NL and AL championship games and how the outcome will play out. While these could be extremely tough to gauge, the payout here is massive. One of the wisest ways to go about these odds though is if you think one specific team is going to win each league, you can split up your unit amongst all of their exact outcome odds to win. The odds are so profitable that you’ll be able to get paid your profit and the funds you lost on the other bets.
Betting On The 2023 Baseball Hall Of Fame Class
The 2023 Baseball Hall of Fame ballot is not released until November, but online MLB Sportsbooks have already begun offering odds on the new class. Famous players such as Alex Rodriguez and Manny Ramirez highlight the list of controversial players eligible, but one underdog may be the best bet.
2023 Baseball Hall Of Fame Class Odds
- Scott Rolen -200
- Carlos Beltran -120
- Francisco Rodriguez +175
- Todd Helton +175
- Billy Wagner +550
- Andruw Jones +850
- Gary Sheffield +900
- Alex Rodriguez +350
- Jeff Kent +550
- Manny Ramirez +1200
MLB Baseball Betting Strategies
With each baseball bettor comes their own intensive strategy. Some take it more seriously than others but every experienced gambler has developed some type of strategy for betting on MLB baseball. With plenty of games in the MLB season, be sure to stay on top of MLB injury reports and pitching rotations. Understanding how a team has played in the past few games as opposed to the full season can also keep bettors in tune with proper betting situations. The number one betting strategy in baseball is to focus on the pitching.
For example, in 2020, Mookie Betts was one of the best hitters in the game, but he had serious troubles against left handed pitching. This meant that in games where Mookie was against a LHP, one could reasonably fade him a bit as a hitting threat. Similarly, his struggles against LHP contributed to the Dodgers’ overall struggles against LHP. Another example would be Tyler Glasnow in the World Series. Glasnow is a firethrower, a guy who can hit 99 MPH regularly on his fastball. However, he’s also a guy who has an ERA above 4.00, and when he gets hit, he gets hit hard. This was borne out in both of his starts against the Dodgers, in which they scored more than 3.5 runs each time. The Dodgers as a team were a) good against RHP (they had an OPS almost 0.050 higher against RHP) and b) built to hit home runs(118 in 60 games).
These are just some examples of how one can use pitching and hitting matchups in order to bet on MLB games. There are a ton of statistical analysis methods out there for taking a look at pitchers and batters, and they are widely available. All you have to do is start doing the research and understanding what the statistics mean, and you can find some edges pretty quickly.
For 2022, the New York Yankees were given +1100 odds to win the World Series, and are currently tied for the best odds to win after the halfway point of the season. The Mets are another exmaple of a preseason underdog with value. They had +1200 odds when the season began, with current odds of +650.
- 2022 Houston Astros +1000
- 2021 Atlanta Braves +1000
- 2020 Los Angeles Dodgers +385
- 2019 Washington Nationals +1600
- 2018 Boston Red Sox +1150
- 2017 Houston Astros +1175
- 2016 Chicago Cubs +660
- 2015 Kansas City Royals +3300
- 2014 San Francisco Giants +2500
- 2013 Boston Red Sox +2800
- 2012 San Francisco Giants +2000
- 2011 St. Louis Cardinals +2500
- 2010 San Francisco Giants +2500
- 2009 New York Yankees +500
- 2008 Philadelphia Phillies +2000
- 2007 Boston Red Sox +700
- 2006 St. Louis Cardinals +700
MLB Betting Consensus
Always be cognizant of the MLB line movements. If the public’s money is pushing a baseball line hard in one direction, this MLB betting consensus gives information to the bettor. New bettors may not understand how to follow the money, but experienced gamblers and sharps can be ahead of the changing odds, and understand just how far they will move. Often, online sportsbooks will offer extreme baseball longshots and in the long run, these underdog odds tend to pay off.
Tips For Betting On MLB Baseball
Consistent Betting Bankroll – Most experienced bettors bet anywhere from 1-5% of their total budget on a single MLB game, but the majority of the time, it sits around 2%. Don’t run out of money in the opening month of the season.
Research The Numbers – MLB and statistics are codependent on each other. MLB stats and advanced numbers can detail loads of information about MLB betting trends and team or player performance. Don’t miss out on this free information.
Stick To Dominant Pitchers – It can always be tough to not bet on certain days, but following certain pitchers can help MLB bettors stay in the positive. Their records are often of 20 wins or more, so taking the favorite in these scenarios can pay out easy.
Depositing Into An MLB Sportsbook
Depositing your funds to your online MLB sportsbook account is the first thing you need to learn to do as it is how you will be able to place your bets. You have several options to make online betting deposits with ranging from everyday methods in credit and debit cards to online cryptocurrencies such as Bitcoin and Ethereum. There is also a person to person option as well. No matter which MLB betting deposit option you choose though, you’ll need to follow the guidelines that come along with them.
- Credit/Debit Card
- Cryptocurrency
- ECheck
- Moneygram
- MatchPay
- Wire Transfer
- Voucher
Payouts On MLB Sportsbooks
Right after deposits, MLB betting withdrawals is the next thing that you need to familiarize with and find the financial method that best suits you. If you make your deposit with a credit or debit card, you’ll need to choose another withdrawal method being that you cannot withdraw directly back to your bank account. The different withdrawal options include:
- Cryptocurrency
- MatchPay
- Wire Transfer
- Voucher
- Check by courier
Online MLB Sportsbooks Mobile Platforms
With all of the MLB betting sites on this page, you have access to all MLB betting odds that you can think of right from your phone or any other device that has access to the internet. While these sites do not have downloadable applications, they have mobile betting sites that you can gain access to just by entering the site's URL to the web browser on your device.
MLB Mobile Betting Devices
- iPhone
- Samsung Galaxy
- Android
- Google Pixel
- iPad
- Microsoft Surface
Live Betting On Major League Baseball
Live betting on Major League Baseball (MLB) is one of the more exciting ways to bet on the games for any sports bettor. For gamblers that are not baseball fans because the game is “boring” live in-game betting will get them interested in the game really quickly. These wagers are listed on every major sportsbook in the live betting section as a game is happening. There will be multiple bets listed throughout a match and instant gratification (if you win) for bettors gambling this way.
It’s a quick-paced form of betting with odds and wagers changing every second with the flow of the game. Anyone that bets on sports and the MLB, in particular, should try live betting at least once to see what all the hype is about. You’ll be super hyped in the amount of time it takes to place your bet until the end result, which is typically a short adrenaline-filled ride. For that small period of time, it’s as if you were part of the game yourself which is what makes this type of bet so addicting and popular among gamblers. Any sports bettor looking for the most interactive way to gamble on Major League Baseball has found it through live betting wagers on the games.
MLB Sportsbooks With Cryptocurrency Betting
Online MLB sportsbooks have adapted to letting you use cryptocurrency to bet on MLB odds. Online betting sites such as BetOnline, Bovada, and MyBookie have several cryptos listed in their accepted forms of currency and they are each convenient and easy to use to make your MLB bets. To bet on the MLB with crypto, all you need to do is link your share link to your account and you can send funds to and from your account in just minutes. You won’t have to worry about any fees with your transactions either.
Accepted Cryptos
Final Advice For Betting On MLB Sportsbooks
No matter how one goes about using an online MLB sportsbook, as long as they stick with their strategies, they can find success. The good thing about baseball is that it's sort of a statistical playground - there’s so much data about everything that thorough data analysis is easily accessible. Though a baseball betting tactic may not work, finding methods to alter it or a system to control can help a bettor learn and improve. There are an enormous amount of advanced statistical analysis tools for baseball bettors to familiarize themselves with, from OPS+ to WHIP to batting split data and more. Our final advice for betting on MLB is simply - each bettor must figure out their own baseball betting strategy - but make sure it’s based on data. The hard part is figuring out what these numbers actually tell you, and putting them in their proper context.