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Have You Heard? Baseball Betting Guide is Here!

Publish Date: 04/05/2022
Fact checked by: David Howard

While betting on baseball can seem daunting at times, once it is broken down it can be easy and even fun. We have this guide for you to help you succeed in your baseball bets.

Find the Best Sportsbooks to Bet on Baseball

First thing you’ll need to do is sign up with an online bookmaker, and luckily we’ve already put together a great list of the best sportsbooks to make that easy for you before placing your bets.

How does baseball betting work?

Moneyline Betting

Baseball is a Moneyline sport, unlike basketball or football where most bets depend on the point spread. While prop bets and run line betting are popular, they’re less common. This means that the bettors should look to focus on who wins and not who covers in most cases.

The money line allows you to choose between the favorite, the expected winner, or the underdog. You should be aware that betting on the favorite will result in winning less money. Winning an underdog bet will return more money.

Run Line Betting

Although it is rare, you have the option of placing a bet on “spread” although in baseball betting it is called the run line. It is usually -1.5 runs for a favorite with varying odds.

Over/Under Betting

You can also place a bet on either the over/under or total. This is just like in other sports. It’s a bet on how many runs you will score in the game.

Best Operators for Moneyline odds

Bet365
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Understanding Baseball Betting

The long and drawn-out schedule is another unique aspect of baseball betting. There are so many games that are played every day (2,430 regular-season games per regular-season), which gives smart bettors endless opportunities to increase their chances of winning. We’ve rated all the best baseball betting sites!

Understanding Baseball Betting Odds

It’s easy to read a line of money. A recent example is: SD (-115) @ TB (+104).

To win $100 while betting on the favorite, in this case the San Diego Padres, an investor must wager $115. Investors who bet on the Tampa Bay Rays, the underdog in this game, could win $104 if they bet $100 (plus they’d get their $100 initial investment back as well).

The numbers will scale according to the actual wager amount. However, the listed line is always based upon a $100 benchmark.

There will be a big difference when you compare Vegas odds to online sportsbooks odds. The more popular the favorite, the less likely the underdog will win. And the less likely the book will earn its commission. Offshore sportsbooks sometimes increase the spread between the favorite and the underdog’s lay price to make their commission larger if the long-shot winner wins.

Run Line MLB Betting

Spread betting refers to the word “spread”, which is located just below the date/time. The spread refers to betting on a team’s ability to win by a set number of runs. This is also known as the “Run Line” in baseball betting.

MLB Baseball Total (Over/Under Bets)

Some games can feel high or low scoring but you aren’t sure who will win. There is an option to bet on the total in these cases. Also called the “over/under,” the sum is the number of runs that both teams are likely to score in the game.

Baseball: Where to Bet

Instead of spending hours looking on the Internet for the best baseball sportsbooks, this guide will allow you to quickly find what you need.

Here at Players Best we put this page together as a one-stop-shop for anyone looking for a new home for their baseball betting but doesn’t have the time, patience, or knowledge to do it alone. No matter what the reason may be, we will walk you through the process, from the bonus you will see upfront to the details behind the scenes.

Baseball Betting Tips

Avoid Big Favorites

Baseball betting enthusiasts love to bet on favorites, and this is something that oddsmakers understand. Because of this, they will capitalize on the public bias and shade their lines accordingly. Popular teams such the Red Sox or Yankees, Cubs or Dodgers, will be priced too high because “Average Joes,” who bet on Baseball, will still bet on them.

Take Advantage Of Plus-Money Underdogs

In order to make money betting on basketball and football spreads, bettors need to win 52.4% of their wagers (assuming -110 juice). But, if MLB bettors keep their eyes open for big favorites and take plus-money Underdogs (+170, +150, +120) they can win at a sub-50% rate while still achieving positive units. If your dog loses, you lose only what you risked. However, winning dogs can result in valuable plus-money payouts.

Best Site with Underdog Odds

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The Public

We love to be contrarian, because the public loses far more often than we do. The Average Joe is a gambler who trusts his instincts. They are drawn to favorites, home teams, and popular franchises with star players.

Learn the Umpires

We don’t recommend betting solely on the umpire. But it’s important to understand who is behind each plate so bettors can capitalize on pronounced tendencies. Some people succumb to pressure and allow the crowd to influence them, which is a win for both home and away teams. The umpires in the end are humans.

Get Amazing Promos to Bet on Baseball

Baseball betting is by its very nature unpredictable. There are many rewards you can receive, including free bets and bet credits, risk-free wagers, cash bonuses up to $1,500, or cash back! All of the major sportsbooks offer bonuses and great offers to new customers. These offers are constantly changing as well. With every major site giving out constantly changing offers it can be hard to keep track of them all!

Luckily, we’ve put together the definitive list of the best sportsbook bonuses so you don’t have any work left to do. Just see which bonus best fits your style and go from there. No matter what you choose, with amazing bonuses like the ones you can see below, there’s no reason not to take advantage of these offers.

Our Favorite Bonuses

Bet365
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Instant Replay: What can you do to bet on Baseball?

There are many factors to consider before you start betting on the American Pastime. Here are some key points to keep in mind when betting on Baseball.

  • Money lines bets can be the best way to make money, but there are many other odds and props that you could choose from.
  • Before placing your bets, think about the strength and momentum of your schedule and past experience.

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Top Betting Sites
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Bet365
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Bet365 Review
4.6/5
BetMGM
BetMGM
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FanDuel
FanDuel
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Bet365
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Our Team
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What does it take to win? Sign up now and find out!
Winning Bettors aren’t born, they’re trained. Sign up now for our free eBook and Newsletter with the best deals on the web.

Submit your email to receive PlayersBest eBook and regular newsletters with exclusive bonus offers via email. Unsubscribe at any time.

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