mlb betting odds

2024 MLB Betting

The 2024 Major League Baseball season opened on March 20th/21st 2024 with a two-game series featuring the L.A Dodgers & The San Diego Padres – held in Seoul, South Korea.

MLB Key Dates

  • Regular Season Start: March 28, 2024
  • Regular Season End: October 1, 2024
  • Playoffs Start: October 4, 2024
  • World Series: Late October 2024

Vegas MLB Lines

Vegas MLB Lines
TeamWinRun LineTotalDate/Time
Los Angeles DodgersLos Angeles Dodgers-204-1.5 (-130)O8 (-120)May 28 - 16:10
New York MetsNew York Mets+167+1.5 (+110)U8 (0)
Boston Red SoxBoston Red Sox+141+1.5 (-145)O8 (-110)May 28 - 18:35
Baltimore OriolesBaltimore Orioles-170-1.5 (+125)U8 (-110)
Pittsburgh PiratesPittsburgh Pirates+131+1.5 (-170)O7 (0)May 28 - 18:40
Detroit TigersDetroit Tigers-157-1.5 (+145)U7 (-120)
St. Louis CardinalsSt. Louis Cardinals+108+1.5 (-185)O9.5 (-110)May 28 - 18:40
Cincinnati RedsCincinnati Reds-130-1.5 (+160)U9.5 (-110)
Oakland AthleticsOakland Athletics+140+1.5 (-165)O7.5 (-120)May 28 - 18:50
Tampa Bay RaysTampa Bay Rays-168-1.5 (+140)U7.5 (0)
Washington NationalsWashington Nationals+210+1.5 (+105)O8.5 (-105)May 28 - 19:20
Atlanta BravesAtlanta Braves-260-1.5 (-125)U8.5 (-115)
Chicago CubsChicago Cubs+137+1.5 (-160)O8 (-105)May 28 - 19:40
Milwaukee BrewersMilwaukee Brewers-163-1.5 (+135)U8 (-115)
Kansas City RoyalsKansas City Royals-124-1.5 (+140)O8 (0)May 28 - 19:40
Minnesota TwinsMinnesota Twins+104+1.5 (-165)U8 (-120)
Toronto Blue JaysToronto Blue Jays-216-1.5 (-125)O7.5 (-110)May 28 - 19:40
Chicago White SoxChicago White Sox+176+1.5 (+105)U7.5 (-110)
Arizona DiamondbacksArizona Diamondbacks-120-1.5 (+145)O8.5 (-120)May 28 - 20:05
Texas RangersTexas Rangers+1.5 (-170)U8.5 (0)
Cleveland GuardiansCleveland Guardians-144-1.5 (+105)O10.5 (-105)May 28 - 20:40
Colorado RockiesColorado Rockies+121+1.5 (-125)U10.5 (-115)
New York YankeesNew York Yankees-185-1.5 (-115)O9 (0)May 28 - 21:38
Los Angeles AngelsLos Angeles Angels+153+1.5 (-105)U9 (-120)
Houston AstrosHouston Astros+114+1.5 (-185)O7.5 (-105)May 28 - 21:40
Seattle MarinersSeattle Mariners-136-1.5 (+160)U7.5 (-115)
Miami MarlinsMiami Marlins+113+1.5 (-200)O7 (-110)May 28 - 21:40
San Diego PadresSan Diego Padres-135-1.5 (+170)U7 (-110)
Philadelphia PhilliesPhiladelphia Phillies-212-1.5 (-130)O7.5 (-110)May 28 - 21:45
San Francisco GiantsSan Francisco Giants+172+1.5 (+110)U7.5 (-110)

Current Odds To Win The World Series

The MLB´s World Series Winner betting market is available all year around. Bookmakers adjust their odds for each team regularly based on performance, injuries and other factors (note that World Series Winner odds are not generally live during games).

Last Season In The MLB

The 2023 Major League Baseball World Series saw the Diamondbacks take on the Rangers. The Rangers, originally the Washington Senators (Part II) since 1961 and relocated to Arlington in ’72, made history by winning their first franchise championship. They entered the postseason as the fifth AL seed and achieved an unprecedented 11-0 road record.

The Rangers secured their crown thanks to a remarkable performance, led by World Series MVP Corey Seager, AL Championship Series MVP Adolis García, and managed by Bruce Bochy, a likely Hall of Famer who came out of retirement to become the sixth manager with at least four World Series victories.

Opening odds for the 2023 World Series:

  • Diamondbacks (+160)
  • Rangers (-180)

2023 MVP’s

Shohei Ohtani (Free agent, formerly Los Angeles Angels) and Ronald Acuña Jr. (Atlanta Braves) both won MVP unanimously. It’s the first time ever both the NL and AL league MVPs won in unanimous fashion.

How To Bet on Major League Baseball

Many MLB fans enjoy having a wager on the game – live while watching the action unfold before them via online sports betting apps. Popular MLB betting options include the moneyline and the run line.

Betting on MLB Rookie Of The Year Award Winners

Sportsbooks offer futures betting odds for the winner of the AL ROY and NL ROY each year.

Major League Baseball Betting Frequently Asked Questions

What is the moneyline in baseball betting?

Having a wager on the Moneyline is the easiest bet to understand, as this simply entails selecting the team you believe will win any given game.

If you're unsure which team is the favorite to win the game on the moneyline, the sportsbook will indicate this with a negative number. For example, -200, next to the team name. That means you would have to stake $200 on that team in order to win $100 (+ the return of your initial stake).

The underdog in the game might have odds on the moneyline of +150. In this example you would need to stake $100 on that team in order to win $150 (+ the return of your initial stake).

Be aware that betting on the moneylime will offer a poor return when betting on a strong favorite in a game.

What is the run line in baseball betting?

The run line is a market the online sportsbooks use to level up the event in a game, which is particularly useful should you wish to back a firm favorite at more attractive Vegas odds.

With the run line bet, rather than simply having to win the game (as is the case with the moneyline), the team deemed to be the favorite must do so by a specified number of points (the spread) for a wager on them to win.

The favorite team on the run line (again indicated with a negative number) might be listed at say -1.5 (the half-run is sometimes referred to as a “hook”, which ensures there is no possibility of a push, or tie). That means that they would need to win by a 2-run margin or more for a wager on them to win.

In this instance, the underdog would have a Run Line of +1.5, meaning that they would have to either win the game or to lose it by no more than 1 run for a wager on them to win.

How to bet on totals (Over/Under) in MLB baseball?

Totals betting (or Over/Under) is the perfect alternative in those games where you’re unsure as to who will win the game, but where you’re confident that it will be either high-scoring or low-scoring. All you are concerned with is how many runs will be scored overall in the game.

A sportsbook might set the Total at 8.5 runs (the half-point “hook” again being there to prevent a push). So, in this example, you would have two options to wager on when betting – Over 8.5 runs (the combined runs scored by both teams) or Under 8.5 runs.

The totals spread for a MLB game will be set at a point where the odds for Over and Under will either be the same, or there will only be a marginal difference.

What is an MLB parlay bet?

A parlay (also known as an accumulator, combo bet or multi) is a single wager that links together two or more events, with each of them being required to win for the parlay to be a winning bet.

It can be used across different sports and markets, but for the purpose of this guide we’ll focus on the MLB Run Line.

So, you might decide to have a parlay on the Los Angeles Dodgers, Tampa Bay Rays, Houston Astros and Atlanta Braves all to win on the Run Line in one round of matches. The first three of those teams might all win as required, but should the Braves fail to do so, the entire parlay is now a lost bet.

A parlay bet can be a great way to win a decent amount of money from a relatively small stake, but it needs bearing in mind that the more events included in any such bet, the more likelihood there is of at least one result letting you down.

What are MLB prop bets?

A prop (or proposition) bet is basically a wager on something occurring that doesn’t have a direct input the game’s outcome.

There are a range of prop bets available on MLB, such as will the game go to an extra innings, which starting pitcher will have more strikeouts and which team will score first.

What is the MLB lockout?

The lockout was due to the expiration of the CBA (Collective Bargaining Agreement) in December. Because the MLBPA (also known as the Player’s Association, or the union) and the MLB weren’t able to reach an agreement before the CBA expired, owners voted to carry out a lockout. The timing of the lockout allows owners to negotiate without being threatened with game disruptions. Although there have been few breakthroughs in talks, many hope both parties can settle on a new deal before the new season is scheduled to start on March 31, 2022.

How many stoppages have there been in the MLB?

There have been a total of nine stoppages in Major League Baseball. Five of these were strikes (1972, 1980, 1981, 1985, 1994, 1995), and the other four have been lockouts (1973, 1976, 1990, 2022). Those five strikes resulted in 1,720 games being canceled; the lockouts have caused no cancelations so far.

What is The MLB All-Star Game?

Also known as the Midsummer Classic, this annual pro-baseball match up is a MLB sanctioned event contested between the all-stars from the American League and the National League.