Baseball is one of America’s oldest pastimes, and betting on Major League Baseball is an enterprise filled with subtle nuance, diverse elements and advanced statistical reasoning. There’s nothing quite like the crack of a wooden bat on a hot summer’s day, and the same holds true for making the right call on sharp MLB bets on the best MLB odds.
Online MLB Betting
Founded in 1903, MLB has 30 teams split evenly across the American League and National League. Each team plays 162 games during the regular season before the AL and NL playoffs begin to determine which team from each league will be headed to the World Series. The World Series is a seven-game series played between the two pennant winners to determine the world champion.
The best safe and legal MLB betting sites include feature-rich markets which allow bettors to consider the diverse elements of each MLB game. Knowing how to bet on MLB games, how to look for the best MLB betting lines and where to find the best MLB betting sites is important to your online MLB betting experience.
MLB Betting Lines
Knowing how to bet on MLB games comes down to understanding run lines, moneylines and the over-under runs number set by the bookmaker.
Instead of the point spread as used in other sports, MLB betting uses the run line, which is essentially the same thing. The run line is a form of handicap betting—with a 1.5 line the usual offering from MLB betting sites—that lets you back the favorite to win by two runs or more or place a bet on the underdog losing by one run or winning the game outright.
When looking at a run line, the team with the minus symbol (-) is the favorite and the team with the plus symbol (+) is the underdog. An example:
Dodgers -1.5 | Phillies +1.5
The moneyline on MLB games is similar to other sports. It features two numbers that determine winnings for bets placed on either team to win outright. The favorite is noted by the negative number and is the dollar amount one bets in order to win $100. The underdog is noted by the positive number and is the dollar amount one wins on a $100 bet.
Dodgers -250 | Phillies +125
To win $100 on the Dodgers, a bettor must place a $200 stake on them to win the game outright. For bets on the Phillies, a $100 bet returns $125 if the underdog pulls the upset.
The over/under runs is a bet placed on the total number of runs scored by both teams. An over/under runs bet doesn’t have anything to do with who wins the game. It only has to do with whether the combined score is over or under the over/under runs number set by the bookmaker.
Dodgers vs. Phillies | O/U 7.5
A 7.5 over/under runs pays out for the over if the two teams score over 7.5 runs (example: Dodgers 7, Phillies 5). It pays out for the under if the teams score less than that (example: Dodgers 3, Phillies 1).
How to Choose the Best MLB Betting Sites
TopNJSportsbooks features in-depth reviews about the best legal MLB betting sites in New Jersey plus the most essential news and information about MLB sports betting online as well as the top MLB betting lines.
Whether your MLB betting strategy is focused on single games, divisional races, pennant races or the World Series, this site is a vital source of information when learning about the many MLB betting options and betting lines.
We also arm you with the latest information on the exclusive sign-up bonuses offered by the top online MLB sportsbooks so you can compare the offers and make sure you are getting the most out of your hard-earned dollars.
MLB Betting Site Reviews
TopNJSportsbooks features in-depth MLB betting sites reviews with the most essential information about the best online MLB sportsbooks in New Jersey. Our reviews include information about user experience, types of payment methods accepted and much more.
How to Bet on MLB Games
The best online MLB sportsbooks offer a wide variety of MLB betting lines and markets. Moreover, because there are so many games during the long MLB season, there are also many chances to earn profits. Of course, there are also other specialized MLB betting markets to consider for your MLB betting portfolio including futures and prop bets.
Popular MLB futures bets include picking the eventual World Series winner, the AL and NL champions and the divisional titles. Player achievements, such as the MVPs and Cy Young winners from both the AL and NL, are also hot bets, as well as whether any player will pitch a perfect game during the entire season.