Your guide to Vegas betting odds for the MLB
Lots of people will want to bet on the MLB but won’t necessarily understand how odds work. So here is a quick examples of some different kinds of MLB playoff odds that you might see:
Imagine that the Toronto Blue Jays were taking on the New York Yankees. The Blue Jays were favorites and this means that they have a negative odds value. The fact that their odds were -158 would mean that you have to wager $158 to win back $100. In contrast, the Yankees were the underdogs and they had a positive odds value. With odds of +134, it would mean that if you wagered $100 on the Yankees, and they won, you’d win back $134.
Also known as the run line, this is where you have to wager on the winning margin of the winning team. This is usually displayed as a +1.5 or a -1.5 value. So for the above MLB playoffs game, the Blue Jays as favorites would have a -1.5 spread meaning that they’d have to win by 1.5 runs or higher for you to win your bet. In contrast, as the underdogs, the Yankees would have a +1.5 spread meaning that they wouldn’t even have to win the game for you to win your bet.
This is where you have to bet whether there will be more or fewer runs scored in an MLB game compared to a number set by the sportsbook. So in the Blue Jays versus Yankees game, you might have to bet on whether there would be more or fewer than seven runs scored.
These are simply bets that are unrelated to the outcome of the game. Totals bets are one example of this, but you should find many other props such as ones that are specific to the performance of each batter and pitcher. Great for putting your specialist MLB knowledge to good use.
There are bets where you have to make more of a long-term prediction. So it could be a bet on who would win the next World Series or even who would make the playoffs, who the division winners will be, or even which team a star player might join next. These bets can be tricky to get right, but they can add some extra interest to the MLB season.
It’s also worth noting that all decent sportsbooks will let you bet live on every MLB game. This is where the odds will be updated to reflect each play in the game and it can be a great way of getting extra value from your bets.
After all, you will get to bet on what can happen in each play of the game and it’s perfect for keeping up the interest even if you know who’s likely to win overall. What’s best is that you can often cash out your bet early which means that you can settle your winning bet before the overall game is concluded.
Top online sportsbooks to check out
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Great choices for MLB betting odds for World Series and beyond
While all good sportsbooks will give you lots of odds for each game in the MLB, some sportsbooks often have the edge. This is all the more important in those big contests like the World Series where even the slightest of edges can have a huge impact on the returns that you get. Check out our comparison and mini-reviews below to see why these two sportsbooks can be counted on for serving up quality MLB odds.
| Sportsbook |
Top MLB betting markets |
Extra features |
| FanDuel |
Money line, spread, batter props, innings bets, pitcher props |
Specialist bets |
| BetMGM |
Futures, money line, spread, innings, game props and player props |
Odds boosts |
FanDuel - A great choice for MLB odds
Pros & Cons
- Free live MLB streaming
- Specialist baseball bets
- Great for same game parlays
- Licensed by iGaming Ontario
- Reward program could be better
Perhaps the biggest reason to download the FanDuel Ontario app is the fact that it lets you live stream any match from the MLB from the convenience of your smartphone or tablet. Not only is this massively entertaining, but it gives you a great way to gain more accuracy over your in-play baseball bets.
Other cool things are some of the specialist bets such as betting on who Shohei Ohtani’s next team will be, along with an impressive range of futures bets and same game parlays. Elsewhere, you will find the standard range of money lines, spreads, batter props, pitcher props, innings bets and so on.
Everything else about FanDuel is as you’d expect from a top-class online sportsbook. This means that it has all of the official licensing required to operate in Ontario, it has excellent customer support, and you can fund your MLB bets via Visa, Mastercard, Interac and PayPal. Oh, and just so you know, FanDuel routinely wipes the floor with the competition with its MLB odds.
FanDuel Sports
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FanDuel Highlights
- Competitive odds
- Regular odds boosts
- Extensive sports betting options
BetMGM - Get great betting odds for MLB World Series here
Pros & Cons
- Lots of MLB odds boosts
- Edit My Bet function
- Impressive range of MLB lines
- Licensed in Ontario
- Website navigation could be improved
There was no way that we were going to leave BetMGM out of this guide to baseball odds. After all, this sportsbook has time and time again proven to put on some of the best MLB odds on the market. Not only will you get superior MLB betting odds on teams to win the World Series, but you will also find plenty of odds boosts for all of the biggest games in the standard season.
There are plenty of cool extra features like parlay builders and an Edit My Bet function. Plus with top odds on everything from the money line, spread and innings through to game props and player props, you can count on BetMGM to give you more for your winning bets.
Elsewhere, you’ll find that this is a betting platform that has iGaming Ontario licensing, trusted payment methods like Interac, PayPal, Mastercard, Visa and Apple Pay, and 24/7 customer support. Definitely worth a look for the next time you want to bet on baseball.
BetMGM Highlights
- Live betting
- Wide range of sports events
- Parlays available
Visit BetMGM.com or BorgataOnline.com for Terms & Conditions. Must be 19+. ON Only. All promotions are subject to qualification and eligibility requirements. Rewards issued as non-withdrawable site credit, unless otherwise provided in the applicable Terms. Please Play Responsibly. If you have questions or concerns about your gambling or someone close to you, please contact ConnexOntario at 1-866-531-2600 to speak to an advisor, free of charge.
Conclusion - Check back for the best MLB betting odds in Canada
We’ve shown you that there’s plenty of competition among sportsbooks in Ontario to give you the best possible odds for every baseball game. It doesn’t matter whether you’re looking to bet on the opening game of the MLB season, or want to know who has the best MLB World Series betting odds, as we’ll be beside you each step of the way.
This is because the sports betting scene in Ontario is getting more competitive than ever before. So make sure that you bookmark this page to get updates on which sportsbooks are giving you superior MLB betting odds.
Looking for more awesome sports betting in Ontario? Look no further!
1.
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Visit BetMGM.com or BorgataOnline.com for Terms & Conditions. Must be 19+. ON Only. All promotions are subject to qualification and eligibility requirements. Rewards issued as non-withdrawable site credit, unless otherwise provided in the applicable Terms. Please Play Responsibly. If you have questions or concerns about your gambling or someone close to you, please contact ConnexOntario at 1-866-531-2600 to speak to an advisor, free of charge.
2.
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3.
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4.
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5.
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MLB betting odds
FAQ
❓How do you read MLB odds?
MLB betting odds generally have a negative number for the favorite to win the game and a positive number for the underdog. Our guide will show you those
MLB betting sites in Ontario
and will give you a good grounding in what baseball odds are all about.
👀What does +1.5 mean in baseball betting?
This refers to the run line in the MLB betting odds, which means that the team has to win the game by 1.5 or more runs for you to win your bet. It’s a spread bet and it’s a common feature in everything from MLB odds to
CFL odds in Ontario
and beyond.
🏆Who has the best baseball odds to win the World Series?
By looking at the current MLB odds in Canada from Ontario’s best sportsbooks, we can see that the Astros could be the favorites to win the next World Series. Don’t forget that we can do the same by researching the top
CFL betting sites in Ontario
to help you see who might win the next Grey Cup.
💪Where can I get the best MLB odds today?
Our guide has found that FanDuel and BetMGM are both market leaders in terms of MLB odds in Canada. Not only that, but they are both among the top
MLS betting sites in Ontario
too.
⭐Where can I get MLB betting odds explained?
Right here in our guide, where we’ll give you some great examples of MLB odds in Canada. Perfect for figuring out which kinds of baseball bets you should be putting down.
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