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Sports Betting Sites / MLB Betting Lines: The Latest Major League Baseball Betting Odds For The 2024 Season
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MLB Odds and Lines: The Latest MLB Lines for Today

Last Updated on 04/14/2024
Fact checked by: Allan Howe

Understanding how MLB betting lines work is the first thing you must do before making any real-money wager.

Here at Ballislife, we understand how important these initial steps are before placing your first bet. Continue reading if you’re ready to learn about all things MLB betting lines and how to read the odds.

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The best MLB betting Odds

MLB
United States of America
Home
Away
Today13:40
Cleveland Guardians Oakland Athletics
DraftKingsHome-192
DraftKingsAway+160
Today14:10
Minnesota Twins Detroit Tigers
DraftKingsHome-112
DraftKingsAway-108
Today14:10
Kansas City Royals Baltimore Orioles
DraftKingsHome-125
DraftKingsAway+105
Today14:20
Chicago Cubs Miami Marlins
DraftKingsHome-125
DraftKingsAway+105
Today15:10
Colorado Rockies Seattle Mariners
DraftKingsHome+160
DraftKingsAway-192
Today16:05
San Francisco Giants Arizona Diamondbacks
DraftKingsHome-115
DraftKingsAway-105
Today16:10
San Diego Padres Toronto Blue Jays
DraftKingsHome-130
DraftKingsAway+110
Today16:10
Los Angeles Dodgers New York Mets
Today19:10
Atlanta Braves Texas Rangers
DraftKingsHome-162
DraftKingsAway+136
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MLB Betting Lines Guide

When it comes to MLB betting lines, there are multiple bet types available and ways to interpret these lines and odds.

It’s crucial to understand the various bet types and how to read MLB betting odds because, with a season as long as this one (162 regular season games), you’ll be fighting an uphill battle trying to win wagers without a foundational understanding.

Our guide here will teach you how to read odds, review the different bet types with real examples, and show you how to get started. Before placing a bet, please check the current standings and the form curve.

MLB
GP W D L GF/GA +/- PTS Form
1 Cleveland Guardians 18 12 0 6 0:0 0 0
1 Los Angeles Dodgers 21 12 0 9 0:0 0 0
1 Milwaukee Brewers 17 11 0 6 0:0 0 0
1 New York Yankees 19 13 0 6 0:0 0 0
1 Texas Rangers 19 10 0 9 0:0 0 0
1 Atlanta Braves 17 12 0 5 0:0 0 0
2 Kansas City Royals 19 12 0 7 0:0 0 0
2 Los Angeles Angels 18 9 0 9 0:0 0 0
2 Philadelphia Phillies 19 11 0 8 0:0 0 0
2 San Diego Padres 21 11 0 10 0:0 0 0
2 Baltimore Orioles 18 12 0 6 0:0 0 0
2 Chicago Cubs 18 11 0 7 0:0 0 0
3 Detroit Tigers 18 10 0 8 0:0 0 0
3 New York Mets 18 10 0 8 0:0 0 0
3 Pittsburgh Pirates 19 11 0 8 0:0 0 0
3 Seattle Mariners 19 9 0 10 0:0 0 0
3 Arizona Diamondbacks 19 9 0 10 0:0 0 0
3 Boston Red Sox 19 10 0 9 0:0 0 0
4 Cincinnati Reds 18 9 0 9 0:0 0 0
4 Minnesota Twins 17 6 0 11 0:0 0 0
4 Oakland Athletics 19 8 0 11 0:0 0 0
4 San Francisco Giants 19 8 0 11 0:0 0 0
4 Tampa Bay Rays 19 10 0 9 0:0 0 0
4 Washington Nationals 18 8 0 10 0:0 0 0
5 Chicago White Sox 18 3 0 15 0:0 0 0
5 Colorado Rockies 19 4 0 15 0:0 0 0
5 Houston Astros 20 6 0 14 0:0 0 0
5 Miami Marlins 19 4 0 15 0:0 0 0
5 St. Louis Cardinals 19 9 0 10 0:0 0 0
5 Toronto Blue Jays 19 10 0 9 0:0 0 0

Baseball Betting Odds Explained

Regardless of what bet you want to make, they’ll all have betting odds. Before you do anything, it’s important to understand how to read odds and how that correlates to your winnings.

The favored team will have “-” odds. If you’re looking at a bet type with multiple teams having “-” odds, the highest number with a “-” next to it is the team most likely to win.

When it comes to winnings, you’ll win $100 whenever you wager an amount of money equal to what’s next to the “-” odds. For example, if the odds are -275, you’ll need to bet $275 to win $100.

As for the underdog, this team is notated with “+” odds. If you bet $100 on this team and win, you’ll win the amount and amount of money equal to what’s next, the “+” odds. For example, if the odds are +150, you’ll win $150 with a $100 wager.

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MLB Betting Odds To Know

When reviewing Major League Baseball betting odds, you’ll find that there are multiple ways to bet on this sport. Below, we’ll look at each betting market and provide a real-life example.

1. Moneyline

The moneyline is your most straightforward bet—you’re simply picking who will win. If you back a bet with +166 odds, you’ll win $166 with a successful $100 bet. Back a bet with -198 odds, you’ll need to wager $198 to win $100.

2. Run Line

With MLB betting, there’s no point spread but rather a run line. The run line will always be 1.5 runs, as nearly 30% of MLB games end with a winning margin of just one run. As a result, you’ll sometimes see disparate odds, unlike the standard -110 you’d see with a point spread wager in football or basketball.

3. Totals

Totals wagers, also known as over/under betting, are where you’ll wager whether the combined runs in a game will go over or under the line provided. You’ll bet whether you think both teams will combine for more or less than a specific number of runs. With this being a whole number, there’s a potential for a tie here. When this happens, the wager “pushes” (a betting term for a tie), and you’ll receive your original wager back.

4. Futures

Futures betting markets provide a lot of “+” line value, but casual bettors ignore it due to the amount of time money needs to be tied up as this is for betting on end-of-the-season milestones, including a World Series winner, division winner, and more.

5. Parlays

Parlays allow you to bet on multiple games/contests at once, instead of numerous things individually. As you’ll see in the screenshot below, the odds are heightened beyond what the games/contests are individual. This is because parlay bets have an added risk as all contests on the betslip must settle as a win for a parlay to succeed.

6. Same Game Parlays

With Same Game Parlays, you’re dealing with, fundamentally, the same thing as a traditional parlay. The main difference is these parlays focus on one game and there could be limitations on what you can parlay together. For example, you can’t parlay a moneyline and run line wager together.

7. Props

In baseball betting, you’ll most often find game and player props. Game props will focus on total runs for a team, the race to a certain number of runs, total hits, and more. These could appear like an over/under betting or a moneyline with an option and a betting line. As for player props, these are like over/under bets.

8. Live Betting

After covering the other markets above, you’ll be happy to know that, with MLB live betting, you can make all those same wagers while games are actively in progress. The odds for the various betting markets will reflect what’s happening live in the game, so you’ll want to decide what to wager on quickly before the odds change. If you like to bet on double chance or on both teams scoring, then you should take a closer look at the following high betting odds.

Today13:40
Cleveland Guardians Oakland Athletics
2Way
DraftKingsHome-192
DraftKingsAway+160
Over/Under
DraftKingsO7.5-112
DraftKingsU7.5-108
Today14:10
Minnesota Twins Detroit Tigers
2Way
DraftKingsHome-112
DraftKingsAway-108
Over/Under
DraftKingsO8-115
DraftKingsU8-105
Today14:10
Kansas City Royals Baltimore Orioles
2Way
DraftKingsHome-125
DraftKingsAway+105
Over/Under
DraftKingsO9-102
DraftKingsU9-118
Today14:20
Chicago Cubs Miami Marlins
2Way
DraftKingsHome-125
DraftKingsAway+105
Today15:10
Colorado Rockies Seattle Mariners
2Way
DraftKingsHome+160
DraftKingsAway-192
Over/Under
DraftKingsO10.5-110
DraftKingsU10.5-110
Today16:05
San Francisco Giants Arizona Diamondbacks
2Way
DraftKingsHome-115
DraftKingsAway-105
Over/Under
DraftKingsO7.5-115
DraftKingsU7.5-105
Today16:10
San Diego Padres Toronto Blue Jays
2Way
DraftKingsHome-130
DraftKingsAway+110
Over/Under
DraftKingsO8-115
DraftKingsU8-105
Today16:10
Los Angeles Dodgers New York Mets
Today19:10
Atlanta Braves Texas Rangers
2Way
DraftKingsHome-162
DraftKingsAway+136
Over/Under
DraftKingsO10-105
DraftKingsU10-115
No upcoming games at this time.

MLB MVP Betting Odds Explained

Betting on the MLB MVP is part of the futures betting market. In the MLB, there’s an American League and National League MVP. Like the example above with the World Series winner, there is a list of players with odds attached to them that you can wager on. As the season progresses, these odds will change to reflect the performance and chances of that player in the present time.

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Getting Started Betting On MLB Betting Odds

  • Please read through our online sportsbook reviews to find which site makes the most sense for you. These reviews cover critical aspects of online sportsbooks, such as bonuses/promotions, betting markets, customer support, etc.
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  • Make your first deposit. Remember the welcome bonus in the sportsbook and make a deposit necessary to redeem the offer.
  • After loading funds into your account, it’s time to bet.
  • Go to the homepage and find the MLB betting page.
  • Find which market of the abovementioned ones you want to bet on and make your selections.
  • Add them to your betslip, input the amount you want to wager, and wait for the results.

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Of course, we will always be at your side with the best pro tips for the upcoming games. So you can always place your bets well informed and with the best tips. Just click on "Go to analysis" and see more.

MLB
Cleveland Guardians Oakland Athletics
Today13:40
Tip:
2Way: Away
+160
DraftKings
Bet Now
MLB
Minnesota Twins Detroit Tigers
Today14:10
Tip:
2Way: Away
-108
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MLB
Kansas City Royals Baltimore Orioles
Today14:10
Tip:
2Way: Away
+105
DraftKings
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MLB
New York Yankees Tampa Bay Rays
Today13:35
Tip:
Odds are being evaluated
Bet Now
MLB
Washington Nationals Houston Astros
Today13:35
Tip:
Odds are being evaluated
Bet Now
MLB
Pittsburgh Pirates Boston Red Sox
Today13:35
Tip:
Odds are being evaluated
Bet Now
MLB
Philadelphia Phillies Chicago White Sox
Today13:35
Tip:
Odds are being evaluated
Bet Now
MLB
Cincinnati Reds Los Angeles Angels
Today13:40
Tip:
Odds are being evaluated
Bet Now
MLB
St. Louis Cardinals Milwaukee Brewers
Today14:15
Tip:
Odds are being evaluated
Bet Now

Conclusion on MLB Betting Odds

While you may be an MLB fan and are eager to bet especially if you’re in a newly legal state, it’s vital that you understand how to read MLB betting odds as well as the various betting markets associated with it.

In the guide above we’ve done just that and encourage you to bookmark this page and come back when you’re ready to make your first wager or simply need a refresher on what each of these betting markets is.

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11/19/2023 - 8:20 pm
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11/12/2023 - 4:05 pm
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