MLB Betting Odds

The Major League Baseball is one of the biggest sports tournaments in the world. The regular season runs between March and September every year, with 162 matches being contested by thirty teams. We then move into the postseason bracket, with the Wild Card Series, Division Series and Championship Series taking place. The two teams left standing compete in the World Series.

The World Series takes place between the winners of the American League Championship Series and National League Championship Series. The bracket originally features eight teams battling it out before the top four seeded sides drop into the next round. It's always an exciting time of the season although customers love the chance to bet on every single match.

What Are The Main MLB Match Betting Markets?

There are a wide range of MLB betting markets, although the first port of call is often the Run Line. Let's say the Baltimore Orioles are playing against the Boston Red Sox. You might find the following:

Baltimore Orioles +1.5 @ 1.55

Boston Red Sox -1.5 @ 2.40

You therefore have two options. You could back the Orioles if you think that they win or only lose by a single run. That is because Baltimore have been given a +1.5 start with the above market. Alternatively, you can plump for Boston if you think they will achieve a victory by two runs or more. The above betting suggests that Baltimore are likely to win on the above market as they're available at a shorter price.

Then there's the Money Line. This is a simple case of predicting which team will win a specific MLB match. So you might have the following:

Baltimore Orioles @ 2.15

Boston Red Sox @ 1.68

Here you can see that the bookies are predicting a competitive match but they make Boston the warm favourites. Some customers often look to place an MLB parlay where they can combine different outcomes to create bigger odds. The bookies often provide a parlay bonus where you can land added winnings based on the number of selections that are included in your winning multiple.

The Total market is also known as Total Runs, with customers able to bet over or under the number of runs that will be scored during the match. The threshold is generally around the 9-run mark so there's the option to bet Over or Under this amount. There's the option to move the line so that you can find a betting angle and price that you like.

How to Place an MLB Parlay or Bet Builder

There are always lots of MLB matches taking place and this means that parlays are popular. For example, you might pick out five teams to win their respective games. The odds of each team are combined together to create a special price. You can stake money and stand to land a potentially larger return. This doesn't have to relate to the Money Line market and can instead be Spread, Total or Player Props.

Lots of bookmakers are now providing customers with the chance to place an MLB Bet Builder. This means that you can cherry-pick different outcomes and put them together. It's nice to have an interest in the game that you are planning to watch. There are often cash out options with this type of wager and also the chance to bet on the live markets.