Betting the MLB
Despite lagging significantly behind both the NFL and the NBA in terms of how much money is wagered on the game, MLB betting is steadily growing in popularity and revenue generation. With the advent of activities such as fantasy baseball, MLB betting is starting to become more mainstream. Yet, perhaps due to the drastically different nature of baseball’s game play as opposed to football or basketball, there is a lot of uncertainty regarding how baseball betting actually works. Fortunately, Sidelines is here to lift the veil of mystery surrounding MLB betting and help those looking to get in on the action.
How do I bet on the MLB?
Despite not having a quarters or even halves system such as football and basketball, respectively, baseball does indeed lend itself well to traditional and mainstream betting methods. So before you give up on MLB betting, know that there isn’t a lot to learn. Those wishing to simply put money down on the game winner can still utilize moneyline bets. Just as in any other competitive team sport, there is usually an underdog and a favorite. Similarly, if you’re interested in wagering on the score of a game, you can still place a totals bet (over/under). However, that is not to say that baseball does not have some of its own unique betting options!
Speaking of which...
What are some MLB bet types?
In addition to the aforementioned bet types of moneyline and totals bets, there are both some bet types that are unique to the MLB as well as the more novel betting methods that are available in other mainstream professional sports. In addition to moneyline betting and totals betting, bettors wishing to wager on the MLB can enjoy runline betting and first five betting in addition to props, futures, and parlays. You’ve undoubtedly noticed that no one mentioned spread betting until now. Well, that’s because in MLB betting, spread betting is referred to as runline betting. Runline betting works similarly to the standard spread betting seen in other leagues. Before the start of the game, one team is given a 1.5 run advantage over the other. The team receiving the 1.5 run advantage is the underdog squad, while the opposite team is the favorite. The reason the advantage is only 1.5 runs is because baseball is, generally speaking, a rather low scoring affair. In order for the favorite team to cover the runline, they need to win by two or more runs. Similarly, in order for the underdog to cover, they must win the game straight up or not lose by more than one run.
In addition to runline betting, there is another unique form of MLB betting called first five betting, also known as 5-inning lines. Essentially, first five betting means just betting on the results of the first five innings of a game. As is the case with full game betting, bettors can wager on the moneyline, total, and runline, only the runline is .5 as opposed to the standard 1.5.
Other ways to bet on the MLB
Those looking to partake in some more novel approaches to sports betting can also do so with MLB betting, just as they would in football or basketball. For those who could benefit from a quick review:
- What are MLB futures bets?Futures bets involve wagering on a team or an individual player to accomplish a particular goal in the upcoming season. Examples of MLB futures bets can range from wagering on which teams will win National League Pennant and the American League Pennant, all the way to who will win the World Series the following season. Additionally, futures can also apply to individual players. For example, betting on a player to win MVP honors in the AL and NL or the Cy Young Award Winner are good examples as these awards are determined over the course of an MLB betting season.
- What are MLB prop bets?MLB prop bets are wagers made on almost any statistical category within a baseball game with the exception of the final outcome. Due to the high amount of statistics recorded in baseball, MLB prop bets can apply to both teams and players. Popular player prop bets center on performance and can include totals for RBIs, homeruns, hits, strikeouts, and more. These bets lend themselves well to those looking for MLB predictions and are popular choices. A popular MLB team prop bet is known as “Runs + Hits + Errors,” in which bettors attempt to wager on the total per inning or per game.
- What are MLB parlay bets?Parlay bets are compound wagers that combine two or more individual bets. They can include combinations of moneyline, runline, and total bets from one game or multiple games. In the case of a single MLB game, a bettor could bet the moneyline, the runline, and even an MLB prop bet. In the case of multiple games, bettors can wager on a variety of bets across more than one game. However, bettor beware! In order to cash in on a parlay bet, each wager within the parlay must be correct.
Whether you’re betting on MLB prop bets, runlines, or moneylines, be sure to check out Sidelines regularly for updates on line movements, odds comparison, news, and more for your favorite MLB teams and players.