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MLB Odds, Lines and Spreads

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Odds Format

MLB Odds

Wednesday, the 10th of July, 2024

Time
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Teams
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FanDuel Logo
Caesars Logo
bet365 Logo
DraftKings Logo
BetMGM Logo
BetRivers Logo
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73%
27%
-176
+148
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44%
56%
+132
-156

MLB Odds for 2024 Season

After defeating the Arizona Diamondbacks in the previous year’s World Series, the Texas Rangers have emerged as the team to beat for the MLB championship, based on the odds from multiple sources.

Following their disappointing championship loss last year, the Los Angeles Dodgers have made significant moves in the offseason by acquiring superstar Shohei Ohtani. With these changes, do the Dodgers now have better odds in betting circles?

How to use SBR’s MLB Odds

Discover the best MLB odds from top sportsbooks on this page to maximize your potential payoff. Explore betting odds, tips for selecting the right MLB sportsbook, and various wagering options to enhance your betting experience.

If you’re looking to bet on other major leagues, be sure to check out our NFL Odds, NFL Picks, and NBA Odds sites. For all other betting odds, visit our Betting Odds page.

Best Underscoregs for Baseball

Take a look at our newest guide featuring the top-rated baseball sportsbooks for MLB betting.

Most online sportsbooks provide MLB odds, but it is important to only sign up with reputable and secure sites that have a proven track record of fast payouts. Beware of shady operators looking to scam you and instead stick to trusted sites like Caesars and DraftKings listed on our recommended online sportsbooks page. Additionally, be sure to take advantage of the best sportsbook promotions to increase your earnings.

MLB Moneyline Betting

This is a simple wager on the outcome of a specific game, with sportsbooks determining the likelihood of each team winning and setting odds accordingly. Typically, one team is favored while the other is considered the underdog.

If the Dodgers are playing the White Sox in LA, you may notice that the Dodgers are favored at -150 to win the game, while the White Sox are underdogs at +130. A minus symbol indicates the amount needed to bet in order to earn a $100 profit. In this case, you would need to bet $150 on the Dodgers at -150 to win $100.

The plus sign indicates the potential winnings from a $100 wager. For example, if you bet $100 on the White Sox with odds of +130, you would make a $130 profit if they won. Conversely, a $20 bet on the Dodgers at -150 would yield $13.33, while a $20 bet on the White Sox at +130 would result in a $26 profit. These odds suggest that the Dodgers are favored to win, while the White Sox are the underdogs.

MLB Run Line

This baseball spread betting option is quite intriguing. It involves giving the stronger team a -1.5 run handicap to adjust the odds. For instance, in the case of the Dodgers, they would be given the -1.5 run handicap. To win the bet, they would need to win by 2 or more runs. If they only win by one run, your bet would be unsuccessful. Despite this, the potential payout at +110 makes it more attractive. A $20 bet would result in a $22 return, compared to the $13.33 return without the handicap.

Another option is to bet on the White Sox +1.5, where your bet would pay out if the White Sox won the game or lost by just one run. However, you would likely receive odds of -130 instead of +130, resulting in a smaller payout but a higher likelihood of winning. A run line bet in baseball is similar to a point spread, and when fans discuss MLB spreads, they are typically referring to the run line.

MLB Totals

This type of baseball betting is widely popular. Instead of choosing a winning team, you predict whether there will be many runs or few in a game. The sportsbooks set a total runs line, and you decide if the combined runs scored by both teams will exceed or fall below that number. The usual odds for over and under are -110 in MLB betting. Make your predictions and watch the game.

MLB Parlays

A parlay bet combines multiple selections into one wager for a higher potential payout. For example, if you believe the Padres, White Sox, and Twins will all win on a given evening, instead of betting on each team separately, you can put them together in a parlay bet.

In order for your bet to pay out, all three teams must win. If they do, you can expect a larger payout compared to placing three separate bets. You have the option to combine moneyline, run line, and totals bets for parlays.

Regional Promotions & Bonuses

Are you prepared to turn your insights into a wager? Check out the top sportsbook promotions available in each state listed below.

Promotions & Bonuses in International Regions

Promotions for sportsbooks in Canada (excluding Ontario)

U.K. sportsbook promos

Regional Developments & Updates

Online sports betting may vary depending on the region. SBR provides the most up-to-date information and updates tailored to your specific area.

Legal U.S. States News

Stay updated on the status of online sports betting in states where it has been legalized.

Potential Legal U.S. State News

Keep informed about the potential legalization of online sports betting in the upcoming state.

Legal Canada News

Keep informed about the current state of Canadian sports betting in provinces where it is permitted.

Legal Underscoreg Reviews and Promo Codes

Interested in joining the fun? Explore our guides featuring the top sportsbook promotions.

FAQs

When you see -110 on over or under in baseball totals, it means you need to bet $110 to make a $10 profit. This allows the sportsbook to earn a margin on both sides of the MLB betting lines. Some sportsbooks offer reduced juice MLB lines at -105, where you can make a $9.10 profit from a $10 bet on either outcome.

The run line gives the supposedly weaker team a +1.5 run head start in the game, referred to as “that.” If you choose to bet on that team to cover the run line, they must either win the game or lose by only one run for your bet to be successful.

Review the daily MLB betting lines and select a wager that catches your eye. Conduct thorough research before making a bet, considering factors such as team history, player injuries, motivation levels, home field advantage, and fatigue. It may be helpful to consult expert MLB predictions as well. Decide whether to bet on a team to win outright, cover the spread, or wager on total points scored, player performances, or multiple games in a parlay. Determine your bet amount and place your wager. If your prediction is correct, you will earn a profit and see your account balance increase. Avoid making emotional bets based solely on loyalty to your favorite team. While it may be tempting to back your team consistently, it’s important to make informed decisions based on data and analysis.

This is a frequently asked question for those seeking an explanation of baseball odds. It pertains to the run line, which provides the favorite with a 1.5 run advantage. In order to win a bet on that team covering the line, they must win by at least 2 runs. The Las Vegas MLB lines are highly anticipated, as they often establish trends for other sportsbooks.

This is a straightforward bet placed on the outcome of a specific game. Bookmakers analyze the teams’ head-to-head statistics, roster strength, and current performance to determine the odds for each team. You then select the team you believe will win and place a bet on them to win the moneyline.

If your prediction is correct, you will make a profit of $200 for every $100 wagered. In addition, if your bet wins, you will receive your initial stake back, totaling $300.

The runline is a handicap spread that provides the underdog team with a 1.5 run advantage in order to adjust the odds.

The run line, a type of spread bet, is typically more conservative in baseball due to its lower scoring nature compared to football or basketball. Therefore, you will usually see smaller point spreads with odds of -110 on either outcome.

If a line begins with a plus sign, it indicates the potential winnings on a $100 bet. Conversely, if the line starts with a minus sign, it shows the bet amount needed to make a $100 profit. Decimal or fractional lines can be converted to American format using an odds calculator.

Underscoregs calculate the probability of a team winning a game, covering a run line, winning the World Series and so on, and then devise betting odds. The books factor in a margin for themselves. These lines will change based on how popular a team is with the betting public. You will also find MLB live betting sites, which allow you to bet on the action in play, with the lines constantly shifting. You often see Vegas odds MLB quoted in the press, as MLB Vegas odds have been popular for years, but many more states have now legalized sports wagering.