Best MLB Betting Sites and Apps for July 2024

Top baseball betting sites

Please be aware that bonuses are only available to residents of the United States. These bonuses are current promotions and may be modified at any time.

1. DraftKings offers fantastic same-game parlay choices.

2. FanDuel offers a wide variety of betting choices.

Caesars offers a fantastic rewards program for new bettors.

4. BetMGM is a reputable brand in the world of sports betting.

5. Fanatics offers lightning fast live betting options.

MLB betting promos and bonuses

Make sure to review the top sportsbook promotions and sign-up offers before selecting a sports betting site. The most reputable sportsbooks often offer enticing welcome deals and promotions to attract new users, giving you plenty of opportunities to boost your bankroll.

Check out some of the top MLB sign-up promotions currently available.

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MLB betting summary

2024 World Series odds

MLB betting on the World Series is a popular market due to limited betting opportunities for baseball fans in the offseason. World Series odds for all 30 teams are released after the previous World Series and are adjusted throughout the winter with trades, free agent signings, and during the season.

One effective strategy for finding value in betting is to select a team that is expected to make significant improvements either in the offseason or during the season, with favorable odds. Placing your bet early is key, as potential payouts decrease as teams drop out of contention during the regular season.

Many top betting websites provide the option to cash out, allowing you to potentially profit even if you don’t think a team will win the World Series. Betting on their odds to rise and cashing out at the right moment can be a smart investment strategy.

Choosing a single team out of 30 to win the championship can feel like a gamble, but certain websites offer more ways to potentially win. You can bet on which division, league, or state the World Series Champion will come from, and even wager on whether there will be a first-time winner.

⚾ 2024 World Series Futures Odds

The latest World Series betting odds show the Texas Rangers, who won the 2023 Fall Classic, started the off-season as third-favorites but have since fallen down the rankings as Opening Day nears. The Dodgers became the top choice after signing free agent Shohei Ohtani.

Go to your preferred sportsbook for the latest numbers available.

Updated odds are available every Monday morning.

How we rate and review MLB betting sites

Underscoreg Review uses seasoned MLB bettors to evaluate and provide ratings for betting sites, drawing from their own personal experiences.

These are the three key factors that distinguish the top sportsbooks from lower-tier sports betting sites:

Boosts and new user bonus value

Each betting site offers a unique welcome bonus for new users, such as deposit matches, bet credits, and first-bet insurance. You can sign up for multiple books to take advantage of all these offers. However, sportsbooks frequently update their promotions, so it’s wise to only activate the best ones currently available.

Certain sportsbooks offer boosted markets or enhanced odds to increase the potential profitability of certain bets. For instance, placing a prop bet on Gerrit Cole to have over 8.5 strikeouts may have odds of +250 at DraftKings, compared to +175 at another sportsbook, thanks to a boosted odds promotion.

Simple deposit and withdrawal options

We suggest engaging in sports betting to enhance your enjoyment of an event rather than relying on it for long-term income. It is important to have the ability to easily withdraw your winnings as desired. Some websites may complicate the withdrawal process, so it is crucial to find a reputable sportsbook that accepts your preferred method of transferring funds. Deposits are typically instant, but withdrawal times will differ between sportsbooks and payment methods.

MLB wagering options 

The best sportsbooks provide a wide range of betting options for each game, such as player props for pitchers and all nine batters, team runs, hits, and options for the first inning and first five innings. A diverse selection is crucial for maximizing potential returns.

What to look for in an MLB betting site

Now is the perfect time for MLB bettors in the U.S. with the recent market growth and increased options. However, selecting the best app to bet on for the upcoming MLB season can be overwhelming. Here are key factors to keep in mind when choosing a sportsbook and why they should be a top priority.

MLB betting user experience 

Engaging in sports betting should be a fun activity. If the app or website is causing you anxiety, it might be time to find a different platform.

How user-friendly is the login process? Are withdrawal requests processed quickly? Can you easily locate the desired wager? What is the response time for contacting customer service? Is the responsible gaming section of the sportsbook sufficient? Answering these questions is crucial for ensuring a positive user experience.

Quality customer service 

Underscoregs may have their flaws, which is why having a top-notch customer service team is crucial. Customer service options typically include phone, email, Twitter, and live chat, with the most reputable sportsbooks offering support 24/7.

Safety and security

Ensuring security is paramount when storing sensitive personal data like banking information, and the top MLB sites take extra precautions to protect customer safety. Underscoreg Review provides a list of offshore sportsbooks to steer clear of.

Competitive baseball betting odds

While every sportsbook provides similar odds markets for daily and live MLB betting, each one offers unique MLB futures odds that are exclusive to their site.

The listed sportsbook offers exclusive and unique offerings that cannot be found elsewhere.

• DraftKings: Bet on the exact seed a team will earn in the MLB postseason
• Caesars: Wager on Shohei Ohtani’s Triple Crown winner odds
• FanDuel: Find odds for every team to reach the Championship Series in their respective leagues

Baseball betting promos

Take advantage of daily MLB odds boosts and promotions at various sportsbooks to increase your potential payout. With DraftKings’ early win promotion, you can bet on any MLB team’s moneyline odds and receive a full payout if they gain a two-run lead during the game. FanDuel offers a 30% profit boost for live bets on the MLB.TV free game of the week.

Quality mobile apps for baseball

When selecting your preferred MLB betting app, it’s important to consider factors such as app navigation, odds markets, live betting options, and more. Both DraftKings and FanDuel excel in all areas and offer users fantastic daily MLB odds boosts and promotions.

Live streaming MLB games

One great benefit of modern MLB betting is the convenience of streaming games on the go using a sports betting app. Keep in mind that certain games may be subject to blackout restrictions depending on your location, and many sportsbooks will require you to have a funded account in order to access live MLB streams.

Here are the sportsbook apps that provide live streams for MLB games:

• BetMGM
• Bet365
• FanDuel

Baseball live betting

Live betting in baseball elevates the thrill of wagering by allowing you to adjust your bets in real-time based on the game’s progress. You have the flexibility to cash out a bet you’re unsure about and place a new wager based on your observations during the game.

Imagine a team you have great faith in to win suddenly falls behind 1-0 at the start of the first inning, causing the odds to favor the opposing team. Despite this early setback, your confidence in the team’s ultimate victory remains unwavering. This presents an ideal opportunity to place a live bet at better odds and potentially earn a bigger payout.

Live betting sites offer more than just the typical money line and point spread bets. Some websites allow you to place bets on player props right up until the end of the game. Have you ever watched a baseball game with a friend and predicted that the next batter would hit a home run? Now, you can bet on that outcome right before the at-bat starts. Personally, I find live betting on player props even more exciting when you’re watching the game live from the stands.

How to sign up to a sportsbook for baseball betting online

Setting up a sportsbook account to bet on MLB is simpler than catching a routine ground ball. All you need to do is make sure you are in one of the 33 states where online sports betting is legal (plus Washington, DC) when you sign up, and you must be at least 21 years old (18+ in DC).

If you have marked those boxes, please follow these easy steps to create your account:

1. Pick a sportsbook: We recommend each sportsbook listed on our site. However, deciding which sportsbook has the best welcome bonus and odds markets to fit your preferences is up to you.
2. Create your account: You must submit personal information during the sign-up process, including your name, address, the last four digits of your SSN, and banking information. If you go with a sportsbook that requires a promo code at sign-up, be sure to enter the code in the necessary field.
3. Make a deposit: Each sportsbook welcome offer requires a minimum first-time deposit amount to earn the bonus. Most are set around $10 but it’s wise to read the terms and conditions associated with each sign-up bonus to ensure you’ll receive the funds after placing your first bet.

After completing those three simple steps, you are now prepared to place bets on baseball.

Baseball betting apps

When looking for sports betting apps, responsiveness is key. Apps that are user-friendly, offer easy sign-in options like finger scan or face ID, and provide live betting odds without lag have a competitive edge over others.

Here are three standout apps known for their MLB betting options.

bet365: Free streaming on all MLB games 

Are you looking to catch all the MLB games this season without breaking the bank? Look no further than bet365, which allows you to stream games through their mobile app. There’s no need to place a bet to watch; all you need is a positive account balance or a bet within the last 24 hours.

FanDuel: For experience and design 

FanDuel offers a wide range of options for users, including live betting and same-game parlays. Their app is user-friendly and easy to navigate, with a simple yet appealing design that effectively organizes valuable links in a small space.

DraftKings: For bonuses and promos

DraftKings is the ultimate destination for baseball bettors, offering a wide range of promotions and a vast betting menu for every game. New users can receive $150 in bonuses through the bet-and-get promotion, where DraftKings will send $150 in bonus bets regardless of the outcome of your initial $5+ wager. These bonuses will be delivered as six $25 bonus bet tokens, which must be used within seven days of receipt.

MLB betting odds

Chances play a crucial role in MLB betting and all sports betting in general. For instance, if you consistently bet on the Braves to defeat the Nationals in every game, the odds will likely heavily favor the Braves, reducing your potential winnings. Despite the unpredictable nature of baseball, unexpected outcomes can occur in any given game, potentially wiping out your profits if the Nationals manage to pull off a surprising victory.

The key to long-term profits lies in seeking out bargains. This means finding bets that you are almost as certain about as the Braves beating the Nationals, but with much better odds.

Tips for finding the best MLB odds while shopping:

Maximize your options 

Although signing up for multiple sportsbooks may seem overwhelming and time-consuming at first, it is actually one of the most effective ways to make money in the world of sports betting. By taking advantage of the first-time sign-up promotions offered by each site, you can easily make a small profit while also comparing the odds between them. Many people underestimate the differences between sportsbooks, but you might be surprised at how much they can vary.

Look for consistency

Although it can be advantageous to compare odds from multiple sportsbooks, doing so may not be feasible for casual or recreational bettors in the long run. To increase your return on investment and save time, it is more efficient to identify trends and focus on websites that consistently offer the best odds for specific bets.

Use Underscoreg Review

No time to compare odds across different sports betting apps? Let us handle it for you!

Explore our MLB odds and MLB picks page to make the most of our betting experts. Stay informed by tracking line history and live scores.

Types of baseball bets

MLB betting might appear daunting initially, but fear not. This page provides all the resources you need to become a pro in no time. Below, we outline six key methods for placing bets during the season.

Moneyline

A moneyline bet is the fundamental wager in sports betting. For beginners, this is the easiest way to place a bet as you simply choose the team you think will win. An underdog is indicated by a plus (+) symbol, with a higher number resulting in a larger payout. A favorite is denoted by a minus (-) sign, with a higher number leading to a smaller payout.

Let’s say you place a $10 bet on the Boston Red Sox with odds of +120 on the Moneyline. If they win, you would receive $12 in winnings for a total payout of $22. On the other hand, if you bet on the New York Yankees with odds of -120, a $10 bet would result in $8.33 in winnings, totaling $18.33.

Futures

Betting on futures requires a long-term outlook, as you are wagering on outcomes that will not be decided until well into the future. It is akin to investing in the stock market, with odds that fluctuate daily due to factors such as injuries, team performance, and betting trends.

Prop bets

Prop bets, also known as proposition bets, are wagers that do not depend on a game’s final score or outcome. These bets encompass anything beyond the point spread, Moneyline, or total. Props offer a great opportunity to discover value in any game.

However, the greatest benefit of these bets is that they offer customers additional chances to place wagers on games when they are unsure about predicting the outcome. In baseball, popular prop bets to consider are pitcher strikeouts, batter total bases, or alternate team total runs. Many websites also provide the option for customers to bet on results during the first five innings, allowing them to focus on the starting pitcher matchups.

Run lines

In baseball, the run line functions similarly to a point spread in other sports. It offers customers the chance for a bigger payout by factoring in the difference in score along with picking the winner. Typically, the standard run line is set at -1.5 for the favorite and +1.5 for the underdog. Betting on the favorite means you are predicting they will win by at least two runs. Betting on the underdog means you believe they will either lose by just one run or emerge victorious in the game.

Over/Under (totals)

New customers can easily understand Over/Under bets. The odds makers establish a total number of runs for each game, and you can bet on whether the two teams will score more or less runs than that designated number.

Parlays

Parlays offer the opportunity to maximize your bet by merging multiple wagers into a single bet. While the potential for a bigger payout is enticing, there is also an increased risk involved. In order to win, all of your wagers must be correct, making the chances of success even more challenging. The disappointment of losing on the final leg of a substantial parlay is known to be one of the most agonizing experiences in the world of sports betting.

Legal US baseball betting

Throughout history, America’s favorite pastime, baseball, has been plagued by scandalous betting incidents such as the Black Sox scandal of 1919 and the Pete Rose controversy of 1989. Despite football surpassing baseball in popularity, the sport remains strong and has greatly benefited from the legalization of sports betting. The American Gaming Association predicts that Major League Baseball stands to gain $1.1 billion in projected revenue from this development.

Statistics & data

Baseball is highly influenced by statistics, making it one of the most data-driven sports globally. Conducting thorough research can lead to increased profitability. Although advanced statistics may appear overwhelming initially, they are not as complex as they may seem.

These are the key statistics we consider when analyzing a baseball game and deciding on our daily betting strategy.

fWAR 

fWAR is considered one of the premier statistics in baseball, as it measures the number of wins a player contributes to his team in a season.

 wRC+

Like wOBA, wRC+ aims to accurately recognize a batter’s contributions based on the value of each plate outcome (with doubles valued higher than singles, etc.). wRC+ is a metric adjusted for ballpark effects, with 100 representing league average and each point above or below indicating one percentage point better or worse than the league average.

SIERA

Like FIP, xFIP, and xERA, SIERA estimates what a pitcher’s ERA could have been. However, while FIP and xFIP focus only on events within a pitcher’s control, SIERA also considers balls in play and aims to analyze why some pitchers outperform their expected results. Pitchers can typically improve their BABIP by increasing strikeouts, reducing walks, and inducing more ground balls.

Splits

Analyzing splits is crucial before making a bet, as they provide valuable information on a team’s performance in various conditions. Split statistics may reveal how a team fares against left-handed versus right-handed pitchers, at home versus on the road, within a specific time period, or when facing a specific opponent.

Park Factors 

While the size of the playing surface stays the same in sports like basketball, football, and hockey, the dimensions of all 30 baseball stadiums differ. Furthermore, environmental conditions like humidity and altitude can impact the distance the ball travels. Fortunately, there are websites that offer data on baseball parks, including offensive performance and specific events like home runs, hits, and runs scored.

Underscoregs by category

Are you searching for ways to pass the time during the MLB offseason? Check out our top sportsbook pages dedicated to the NFL, NBA, and NHL to become a pro in these sports.

Sports betting by region

Before diving into MLB sports betting, be sure to check if it is available in your state or country by clicking on the corresponding page below. Welcome bonuses differ depending on your location, so ensure the bonus you desire is available in your region before creating an account.

North Carolina officially entered the world of sports betting on March 11, 2024. Be sure to watch out for upcoming North Carolina sports betting apps and promotions from North Carolina sportsbooks.