Betting On MLB 2020: Odds & Strategies

Baseball is becoming more and more challenging for players, with the speeds pitchers can throw rapidly increasing and the power of hitters doing the same. And with some of the best players of all-time taking the field in the modern era of baseball, Major League Baseball may be a better product than it has ever been. Betting on MLB is another way to make the game great, as sports bettors can place countless types of bets on different games or the season as a whole. In this guide to betting on MLB, find out how to bet on MLB, what kinds of bets you can make on MLB betting odds and what you should know before locking them in.

Everything you need to know about Betting On MLB
Sports Betting Banner Background

  • The top baseball league in the world

  • MLB odds run year round

  • Extensive prop and futures betting odds and markets

How does MLB betting work?

Betting on Major League Baseball picks is relatively straightforward, at least from the perspective of placing your betting picks. Sports bettors can go to the sportsbook of their choice and get involved in the betting action by logging in and going to the MLB betting section of that sportsbook. From there, they can choose what betting picks they want to get involved with and select as many picks as they please from their bookmaker. Once they have selected which picks they want to bet on, they can choose their stake amount for those items and finalize their bets.

In terms of how each bet works, there may be some variation depending on the betting odds and markets chosen. But the basic idea of MLB betting odds are the same no matter what betting odds markets one takes part in. The goal is to successfully predict the outcomes of Major League Baseball games no matter what the betting odds and markets are. Whether that means predicting the outcomes of full game odds or predicting the outcomes of just certain facets of a game, the goal is to make successful predictions about Major League Baseball to beat the odds.

What kinds of MLB bets can I make?

There are a large number of different Major League Baseball bet types that can be enjoyed by sports bettors throughout the course of each season. From simple single game odds and bets to elaborate multi-game betting odds, a bettor’s creativity is the limit to what can be done. Here is a list of some of the more common bets and odds that can be made during the course of a Major League Baseball season.

  • Moneyline bets
  • Runline odds
  • Spread betting odds
  • Prop bets
  • Futures bets

The most common form of Major League Baseball betting odds is the moneyline bet, which consists of a bettor having to simply predict which team is going to win a baseball game. This market can be trickier than it sounds thanks to the odds for it, but is also preferred by many sports bettors as it simply asks them to predict which team will achieve its goal of winning a baseball game. The runline odds, meanwhile, ask sports bettors to predict which team will win the game with a handicap applied to their run total. This handicap is usually set at 1.5 runs, but can vary depending on whether or not there are alternate MLB lines available. Totals betting asks sports bettors to predict how many runs will be scored or whether the amount scored will go above or below a certain total.

Prop bets in baseball are more fun than ever thanks to all of the statistical categories that exist in the game today. Sports bettors can make picks on anything from whether or not a player will hit a home run in a game to the combined number of runs, hits, and errors that take place during a contest. There are also prop bets available on things like whether or not a game will go to extra innings, which can spice up just about any game on the MLB schedule.

Finally, futures bets in Major League Baseball are fun because they can be used to predict team performances as well as individual successes. Bettors have the ability to make picks on which teams will win their divisions, the pennant, and even the World Series. They can also place bets on which players will earn the Most Valuable Player awards in their leagues, as well as the Cy Young Awards for the best pitchers and countless other individual accolades.

Sports Betting Banner Background
Find the best Sportsbook now!
Check Out!

Important MLB events

In terms of the most important events on the Major League Baseball calendar, it doesn’t get any bigger or better than the World Series. The Fall Classic is beloved thanks to the fact that there are so many legendary moments that have taken place during the series that crowns a champion in Major League Baseball. Today, sports bettors can make picks on everything in the World Series from who is going to win the series to which player will win the World Series MVP award.

Aside from World Series betting, the rest of the postseason is also considered among the most important part of the year in the league. The Wild Card rounds have added another layer of excitement to the tournament, with the single elimination round adding high stakes for teams that reached the playoffs without winning a division. And with the Division Series and League Championship Series rounds packing in plenty of drama as well, there is no shortage of excitement to be found before the World Series either. The All-Star Game and Home Run Derby are both also big name events that signal that the second half of the season is just around the corner.

Things to remember when placing MLB bets

When placing Major League Baseball bets, sports bettors should remember that baseball has the longest season of any of the major sports in America. That means that teams are going to lose a lot of games over the course of a 162 game season. Even the best teams in the history of MLB still lost somewhere in the neighborhood of 50-60 games for a season. That means that bankroll management is incredibly important to baseball bettors, as betting too much on one game can always result in a loss even if it feels like a sure thing.

Also worth remembering for baseball bettors is how the weather impacts the game. There are plenty of ways that the weather can get in the way of offenses in baseball, with rain and wind playing roles in how well a batter can see the ball when it is thrown and how far it goes once it is hit. Looking at what the weather is going to be like at a baseball stadium before each game is a key to making sure that baseball bets aren’t swallowed up before the game has even started. This is especially true for sports bettors who want to make picks on the over in a given game.

Sports Betting Banner Background
Find the best Sportsbook now!
Check Out!

MLB betting tips and strategies

An interesting baseball betting strategy that has become more popular in recent years is to ignore home field advantage in the sport entirely. Anecdotally speaking, home field advantage in the sport has not had the same impact that it may have had in recent years, with better teams seemingly free to win on the road at a higher rate. Instead of worrying about which team is at home when handicapping baseball games, evaluating which factors heading into the game benefit each team the most is the best way to handicap baseball contests.

One factor that will always be important in baseball betting is pitching matchups. This is true of starting pitching, of course, but is becoming increasingly true of bullpen matchups also. Bullpens are being used now more than ever in baseball, as teams are attempting to save their best starting pitchers from having to throw too many pitches so they are ready to perform in the postseason. Analyzing a pitching staff from top to bottom and how the batters on the opposing team perform against each member of that staff is a great way to evaluate the pitching advantages or disadvantages that each team has heading into each game.

Look for your ideal MLB sportsbook site

Just like people should be sure to choose the type of car that best suits them, the same can be said for picking a place to bet on Major League Baseball. And just like there are places to compare the features of vehicles to one another, we have a tool that can help you compare sportsbooks to one another. With our sportsbook comparison tool, you can see how different sportsbooks stack up across a series of different criteria, which can help you pick the best possible betting site based on your own needs. Don’t wait any longer, find your sportsbook match and get your bonus before your next MLB picks.

Show all
Show all
Colorado
Indiana
Iowa
Nevada
New Hampshire
New Jersey
Pennsylvania
West Virginia
Filter
Updating...
1
99%
Sports: 17+
Live Betting:
Mobile:
Min. Odds: -200
2
98%
Sports: 16+
Live Betting:
Mobile:
Min. Odds: -190
3
98%
Sports: 15+
Live Betting:
Mobile:
Min. Odds: N/A
4
96%
Sports: 16+
Live Betting:
Mobile:
Min. Odds: -200
5
95%
Sports: 14+
Live Betting:
Mobile:
Min. Odds: N/A

Conclusion:
Plenty of diamond excitement

Major League Baseball betting is sometimes difficult in that the players themselves often fail when they are batting. But sports bettors who are patient and are free to wait for favorable betting matchups often find themselves in a similar spot to batters who wait for the best possible pitch to take a swing. While things might not work out every time, that betting approach maximizes the chances of success in both cases. And as the regular season turns into the postseason, baseball bettors can expect plenty of betting excitement as teams rely more heavily on their best pitchers and position players to carry the load.
Horseshoe Icon
Find the best Sportsbook