Baseball Betting Odds Explained - How To Bet On The MLB

The main on-line gambling markets in baseball are the Ante-post (Outright) markets for the championships and the individual match betting for each game.

Of course, there are also in-game betting markets available.

Here, we will look at the main betting markets available for the Major League Baseball (MLB) season that runs through most of the year in the United States.

Ante-post (Outright market) betting

As with the American Football, Basketball and Ice Hockey leagues in the United States, the baseball leagues are also divided and separated into different divisions and leagues and so the following markets are available.

The divisions contain five teams each and you can gamble on who will win any division:

The three National Divisions make the National League and the three American Divisions make the American League so you can also gamble on:

The bookmakers will often offer “Each way” bets on the League winners at ½ the odds at first and second place. (See “Each Way” in our horse racing betting guide for more information.)

Winning Division Winner – You can also gamble on which Division the League winners will come from! This year (2017) the odds are:

Finally:The World Series Winners – ½ odds placed at First or Second

Winning League – You can gamble on which League the team that wins the World Series will come from:

Winning Division – You can also gamble on which Division the team that wins the World Series will come from:

To make the Playoffs – Which teams will make the playoffs? That is to finish in 1st, 2nd, 3rd, or 4th place in their league or enter via the two “Wildcard” places.

Regular Season Wins – A basic over / under bet with the number of wins set by the bookmaker – for example:Los Angeles Dodgers to win UNDER 94.5 games is 8/11 and for them to win OVER 94.5 games is 11/10

Of course, as with most of the other sports gambling – Individual Performance betting is also available:

MVP Winner – “MVP” means “Most Valuable Player” – basically the best player according to statistics at the end of the season.

Cy Young Winner – This is an award given to the two best pitchers of the season – one pitcher from each league.

Most Regular Season Home Runs – Who will score the most home runs in the season? Odds are ¼ each Way at 1,2,3,4 places and please note – like golf – Dead Heat Rules apply.

Regular Season Home Runs – A basic Over / Under bet with the number of home runs set by the bookmaker – for example:Anthony Rizzo to score UNDER 30.5 Home Runs is 10/11 and to score OVER 30.5 Home Runs is also 10/11

Regular Season Wins – A basic Over / Under bet with the number of wins set by the bookmaker – for example:John Lester’s total regular season wins to be UNDER 15.5 is 10/11 and to be OVER 15.5 is also 10/11

Typical Individual Match Betting

Other betting odds for MLB matches

One of the biggest online bookmaker William Hill not only offers the Money line, Run line, and Totals but also various betting odds for MLB match. You can bet on these odds below while in the regular season.