Updated: 28 Mar 2023

MLB Betting

Major League Baseball is the oldest of the US' four major sports leagues but is now on the forefront of modern day gambling, as it is one of the most wagered sports in the world, let alone America.

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Understanding MLB Betting Lines & Odds

MLB money lines are based on positive and negative figures and indicate how much money a better must wager to win NZ$100 or how much a NZ$100 bet would win. Negative numbers indicate how much you must bet to win NZ$100. For example, if Boston has a money line of -140 it means you must bet NZ$140 to win NZ$100.

Positive numbers indicate how much you'd win from a NZ$100 bet. So if Baltimore has a money line of +160, it would mean a win of NZ$160 on a NZ$100 bet. To work out how much you'd win on a different bet amount, you just have to scale the figure up or down proportionally. So a NZ$1 bet at -140 would pay out NZ$1.40.

Betting the totals involves betting how many runs will be scored in a single game by both teams combined. If Boston and Baltimore are playing each other with an over/under set at 8.0, you would be betting on whether or not the teams would score 8.0 runs combined, with the opportunity to double up your bet if you are correct.

Futures bets involve season-long goals for both teams and players. These can be bets on whether a team will win the World Series, the American or National League title, a Division Series title, a Division title or make one of the two Wild Card positions in each league.

Bets can also be made on whether players will win the Most Valuable Player award for each league or Cy Young award given to the best pitcher of each league. Bettors can also wager on whether players will win Gold Glove awards for best fielding by position, Silver Slugger awards for best offensive player by position and which player will hit the most home runs. The odds for these goals shift nearly every day, so timing is everything when placing bets.


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Best Mobile Betting Sites

Established 2016
Deposit $50, Get a $50 Free Bet
iOS App
Yes
Android App
Yes
Mobile Live Streaming Tooltip Is there live streaming of sporting events?
No
Established 2003
50% Welcome Bonus up to 50€
iOS App
Yes
Android App
Yes
Mobile Live Streaming Tooltip Is there live streaming of sporting events?
No
Established 1997
Deposit $10, Get $30 in Free Bets
iOS App
Yes
Android App
Yes
Mobile Live Streaming Tooltip Is there live streaming of sporting events?
Yes

Tips for MLB Betting Strategy

With 2,430 regular-season games played every season, there are a multitude of chances to bet on baseball from April to early October. The timing of these games can play a huge role on the outcome as teams with division titles locked up could rest players, and teams in the playoff hunt could face increased amounts of pressure.

The "spoiler" factor in which a team that has no stake in the postseason may take pride in eliminating another teams' chances is also something to consider as the season progresses. Teams with no pressure can sometimes outdo teams with loads of pressure, as has been seen quite a few times in MLB history in playoff races.

One newer aspect of the game that has led to greater levels of competition is the introduction of the Wild Card Game. Rather than having three division winners and the "Wild Card team" with the best remaining record, it was decided that two teams in each league would play a one-game playoff to determine who takes part in the five-game Divisional Round.

Having a 162-game season come down to one game is both an exciting and completely nerve-wracking proposition, and while it has allowed for more teams to compete for the playoffs, it has put a much greater emphasis on winning your division, which has been great for maintaining a consistent level of competition throughout the year.


Check Out: Our top recommended betting app lists available for players in New Zealand


Best Online Betting Sign Up Offers

Established 2001
Acca Insurance - Max Stake
24 Hour Customer Service
N/A
No
Sports X Cash Out
Sports X Price Boost
15
N/A
18+. New players only. Gamble responsibly. Returns exclude Bet Credits stake. T&Cs, time limits & exclusions apply.
Established 1997
Acca Insurance - Max Stake
24 Hour Customer Service
25
No
Sports X Cash Out
Sports X Price Boost
33
33
Established 2017
Acca Insurance - Max Stake
24 Hour Customer Service
N/A
No
Sports X Cash Out
Sports X Price Boost
28
27

Player Factors to Consider When Betting MLB

Best MLB In-Play Betting Sites

Established 1997
Inplay Sports X Tooltip The number of sports with in-play betting available
Cash Out - InPlay
33
Yes
Inplay Multis Y/N
Mobile Live Streaming - Y/N Tooltip Is there live streaming of sporting events?
Yes
Yes
Established 2016
Inplay Sports X Tooltip The number of sports with in-play betting available
Cash Out - InPlay
33
Yes
Inplay Multis Y/N
Mobile Live Streaming - Y/N Tooltip Is there live streaming of sporting events?
Yes
No
Established 2003
Inplay Sports X Tooltip The number of sports with in-play betting available
Cash Out - InPlay
30
Yes
Inplay Multis Y/N
Mobile Live Streaming - Y/N Tooltip Is there live streaming of sporting events?
Yes
No

Team Factors to Consider When Betting MLB

Best MLB Ante Post Betting Sites

Established 2003
Sports X Ante Post / Futures
Cash Out - Y/N Tooltip Can you cash out of bets before an event has finished?
30
Yes
Sports Specials - Y/N
Ante Post / Futures Multis - Y/N
Yes
Yes
Established 2005
Sports X Ante Post / Futures
Cash Out - Y/N Tooltip Can you cash out of bets before an event has finished?
29
Yes
Sports Specials - Y/N
Ante Post / Futures Multis - Y/N
Yes
Yes
Established 1997
Sports X Ante Post / Futures
Cash Out - Y/N Tooltip Can you cash out of bets before an event has finished?
26
Yes
Sports Specials - Y/N
Ante Post / Futures Multis - Y/N
Yes
Yes

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Contributors

Contributors

Hi, I'm Dean Ryan

"A passionate sports betting expert and journalist with over 15 years spent in the gambling industry."

Interests
  • Sports Betting Sites
  • Odds Compiling
  • Horse Racing

Reviewer since June 2016

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