How to Bet on MLB: Walkthrough Guide

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Betting on Major League Baseball (MLB) offers a thrilling way to engage with America’s pastime. With a variety of betting options and strategies, you can enhance your viewing experience while potentially earning some profit. This guide will walk you through the basics of MLB betting, different bet types, and where you can place your bets on major sportsbook apps in the United States.

how to bet on mlb

Understanding MLB Betting

MLB betting involves wagering on the outcomes of baseball games. Unlike other sports, baseball’s slower pace and statistical nature provide unique opportunities for strategic betting. Here’s how you can get started:

Common MLB Bet Types

Moneyline Bets

Moneyline bets are the simplest form of MLB betting. You are simply picking the team you think will win the game. The odds will reflect the probability of each team winning. For example:

  • New York Yankees (-150): Bet $150 to win $100.
  • Boston Red Sox (+130): Bet $100 to win $130.

Run Line Bets

Run line bets are similar to point spreads in other sports. The favored team must win by a certain number of runs, while the underdog can either win outright or lose by fewer than the specified runs. The standard run line in baseball is usually 1.5 runs:

  • New York Yankees -1.5 (+120): The Yankees must win by at least 2 runs.
  • Boston Red Sox +1.5 (-140): The Red Sox can lose by 1 run or win outright.

Over/Under (Totals) Bets

Totals bets involve wagering on the total number of runs scored by both teams combined. The sportsbook sets a number, and you bet on whether the actual total will be over or under that number:

  • Over 8.5 runs (-110): Bet $110 to win $100 if the total runs are 9 or more.
  • Under 8.5 runs (-110): Bet $110 to win $100 if the total runs are 8 or fewer.

Prop Bets

Prop bets, short for proposition bets, are wagers on specific events within a game that do not necessarily affect the final outcome. Examples include:

  • Player to Hit a Home Run: Bet on a specific player hitting a home run during the game.
  • Total Strikeouts by a Pitcher: Bet on the number of strikeouts a pitcher will have.

Futures Bets

Futures bets are long-term wagers on events that will be decided in the future, such as:

  • World Series Winner: Bet on which team will win the World Series.
  • MVP Winner: Bet on which player will be named the MVP.

Where to Bet on MLB

MLB betting is available on major sportsbook apps like DraftKings, FanDuel, BetMGM, and Caesars Sportsbook. These platforms provide a wide range of betting options and often feature promotions for new and existing users.

Tips for Betting on MLB

Research Team and Player Stats

Before placing your bets, research the teams and players involved. Look at statistics such as batting averages, pitcher performance, and recent form.

Consider the Venue

The ballpark can significantly impact the game’s outcome. Some parks are more hitter-friendly, while others favor pitchers. Consider these factors when placing your bets.

Monitor Weather Conditions

Weather can affect gameplay, especially in outdoor stadiums. Rain, wind, and temperature can influence the number of runs scored and overall game dynamics.

Manage Your Bankroll

Set a budget for your betting activities and stick to it. Avoid chasing losses and bet within your means to ensure a responsible and enjoyable betting experience.

Conclusion

Betting on MLB games adds an extra layer of excitement to watching baseball. By understanding the different types of bets, researching teams and players, and using reputable sportsbook apps like DraftKings, FanDuel, BetMGM, and Caesars, you can enhance your betting experience. Always remember to gamble responsibly and enjoy the thrill of America’s favorite pastime.

Looking for more information about the best sportsbooks offers? Go to our list of the top sportsbook promotions in your state.

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Griffin UlshGriffin Ulsh
Griffin Ulsh, a Journalism and Communications graduate from the University of Oregon, is the Customer Experience (CX) Manager at BettingHero.com. With a year at BH, Griffin transitioned from recruiting and sales in the book printing industry to customer experience with Betting Hero. He loves following college football and the NBA and enjoys digging into stats and insights for all sports to find stories to tell.