Latest MLB odds and betting lines

The most popular odds for Major League Baseball (MLB) aren’t much different to those for other sports. Traditional baseball betting markets include the moneyline, total or over/under, run line, prop bet, and futures. Numerous sportsbooks offer odds for every game of the MLB season, which are dependent on factors such as trends and injuries.

Some MLB odds, such as futures, are typically set in preseason, meaning you can bet on things such as which team will win the World Series or which player will be crowned MVP before the campaign has even started. Live in-game odds are also available if you want to place bets during a game.

To help you with all of this, BET.CA has the latest MLB odds from a range of reviewed and approved sportsbooks, so it’s easy to ensure that your baseball bets get the best possible value.

Betting on MLB moneyline odds is arguably the most straightforward baseball bet that bettors place. When placing an MLB moneyline bet, you are simply predicting which team will win.

Here is an example of moneyline odds for a MLB game:

If you were to place an $100 moneyline wager on the Blue Jays and they won the game, you would get a payout of $166.67 (your $100 bet plus $66.67 profit). If you were to place the same bet on the Orioles and they won, you would receive a $250 payout (your $100 bet plus $150 profit). Naturally, a successful bet on the underdog would yield a more profitable return.

Another thing to note is that MLB betting lines are sometimes not adjusted to factor in certain news, at least not immediately. For example, if the Blue Jays starting pitcher was a late scratch because of an injury, they would be forced to use an emergency spot starter. The odds may not adjust to this news in time for the first pitch, so a timely bet on the Orioles in this scenario could pay dividends. If this happens, you may need to place your wager again, as some sportsbooks void your bet if the starting pitcher changes.

MLB totals odds (also often referred to as over/under odds) relate to the final score of a baseball game. Every MLB game is given a predictive total for the number of combined runs both teams will score by game’s end. For example, if a game’s over/under total is set at 6.5 runs, betting the under would involve wagering on six or fewer total runs being scored, while betting the over would mean wagering on seven runs or more being scored.

MLB over/under odds are often set to .5, e.g. 5.5, as scoring half a run is impossible, meaning a definitive over/under amount will be guaranteed by game’s end. If an MLB over/under total is set as a whole number and that number of runs are scored during the game, the bettor will receive a refund on their bet known as a push.

Here is an example of total or over/under odds for a MLB game:

The odds for betting the over are -150, whereas the odds for betting the under are +150. If you were to place an $100 bet on the over and won, you would win $167 (your $100 bet plus $67 profit). If you placed that same bet on the under and won, you would win $250 (your $100 bet plus $150 profit).

MLB futures betting centers around wagering on events that cannot be settled until a future date and are often decided at the end of the season. For example, popular MLB futures markets include which team will win the World Series and which player will win the MVP and Cy Young awards.

Naturally, these are the hardest outcomes to predict, meaning the odds are often lucrative for every option. For example, the odds for someone like Mike Trout to win MVP could be as high as +500, even though he has done so multiple times before.

There are several different types of MLB futures markets available, and sportsbooks often offer odds for them both before and during the season. As a result, futures odds can fluctuate throughout the season depending on the performances of certain teams and players.

MLB prop bets refer to wagering on in-game events. Prop betting can be applied to a team, an individual player, or any other kind of in-game event. Bets of this nature initially began in the 1980s as a means of promoting sports betting to casual fans watching the Super Bowl, and has grown astronomically since.

Popular MLB prop bets include predicting the first home run hitter, guessing the over/under of a pitcher’s strikeout total, and whether or not a run will be scored in a specific inning. MLB prop bets are often the most common way to get involved with live in-game betting, which only further increases the volatility thanks to the constantly fluctuating odds throughout a game.

For example, if a team is being shut out through six innings, the odds of them scoring in the seventh are low and even a small prop bet on them doing so could yield a big payout if it happens.