MLB Betting and Odds : Explained for Beginners

First things first, you need to be able to bet legally to bet on MLB contests. Right now, most states and Washington, D.C., have legal avenues for betting on the MLB. These states are up and running for either mobile or retail betting:

  1. Arizona
  2. Arkansas
  3. Colorado
  4. Connecticut
  5. Delaware
  6. Illinois
  7. Indiana
  8. Iowa
  9. Louisiana
  10. Maryland
  11. Michigan
  12. Mississippi
  13. Montana
  14. Nevada
  15. New Hampshire
  16. New Jersey
  17. New Mexico
  18. New York
  19. North Carolina
  20. North Dakota
  21. Oregon
  22. Pennsylvania
  23. Rhode Island
  24. South Dakota
  25. Tennessee
  26. Virginia
  27. Washington
  28. Washington, D.C.
  29. West Virginia
  30. Wisconsin
  31. Wyoming

If you’re physically located somewhere listed, there is a way for you to bet on the MLB legally and safely.

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MLB Betting Types

There are numerous ways to gamble on the MLB. There are the usual Moneyline, spread, and totals wagering choices. MLB prop bets, parlays, and futures are also available. You are allowed to gamble anyway you like, but it is best to understand what you are getting into before putting money down.

Baseball Moneyline Betting

MLB Moneyline betting is the simplest form of betting. Bet on the team you believe will win, and if they do, your bet wins regardless of the score. Your bet is forfeited if they lose, even if it is in extra innings. Because MLB games can no longer end in a tie, there will be no push on an MLB Moneyline bet.

Baseball Over/Under Betting

The number of runs in the game is specified as a total, and bettors wager on whether the final score will be over or under that total. If the total is set at 8.5 runs and you bet the over, you’re hoping for a total of at least nine runs. If you bet the under on that 8.5 total, you’re hoping that both teams’ players only touch the plate eight times or less. If the total is set to a whole number and the final score is exactly that number, it is a push and your bet will be reimbursed.

Betting on MLB Run Lines

Betting on the spread is known as the MLB run line. The run line for most MLB games is -1.5 for the favorite and +1.5 for the underdog. This indicates that in order for the favorite to win on the run line, they must win by at least two runs. A one-run defeat or win for the underdog would result in a win against the spread. In contrast to basketball and football, MLB spreads are never entire figures, thus there is no room for a push.

MLB Futures Betting

MLB prop betting is another method to get into MLB betting without focusing on the game’s outcome. They, on the other hand, concentrate on the events and performance of a specific team or individual throughout the game. You can wager on crucial figures such as strikeouts, home runs, and total bases for players. For teams, you can wager on things like who scores first, who wins after five innings, and who scores the most runs. Each game has a plethora of prop bets.

Baseball Parlay Betting

MLB parlay betting is popular for those hoping to win big, as the league regularly has 10 or more games in a day. Adding more components to the parlay boosts your odds and possible winnings but decreases your chances of winning significantly. Some people enjoy swinging for the fences and hoping to hit a home run, while others prefer combining their bets for the juice. Each leg of the parlay must win, which makes it difficult to perfect.

Baseball Futures Betting

MLB Futures betting, as the name suggests, is all about the future. Starting before the season, bettors can wager on MVP, Cy Young, World Series champion, and other season results. The odds will be updated and open throughout the season until the Futures bet is decided.

New BetRivers customers can get up to $500 in free bets.

MLB Predictions, Picks, and Odds

Look at MLB odds every day throughout the season to find viable wagers. We provide professional MLB predictions and picks for all 162 regular season games as well as the playoffs. Expert analysis is available to help you get the most of your MLB betting experience.

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