OVER/UNDER bets, or run totals, allow you to bet on the total number of runs that will be scored in the game. You can bet the runline (for the team to win by more than 1.5 runs) and get some better value in the line. If you’re looking to bet on a favorite, but the moneyline odds aren’t great value. MLB spread bets allow for a little more nuance. It’s important to gauge value, though, as a +200 underdog could be the right play if you think there’s a 40 percent chance they win the game, even if it’s not the most likely outcome.

Moneyline BetsĪn MLB moneyline bet is simply picking the winner of a game. MLB betting lines and markets are pretty similar to those of other North American sports, but MLB odds do offer a few sport-specific wagers to be aware of. It’s just like in basketball or any other sport, where a team would be favored by -9.5 points on the spread, but in baseball it’s most common for a team to have their runline set at -1.5 for favorites or +1.5 for underdogs. This spread means the favorite will have to win by more than 1.5 runs (for -1.5) or lose by one run or win outright as the underdog (for a +1.5 line). This format is what we call an MLB point spread or runline. You can use our MLB odds calculator to help you figure out potential baseball odds profit before you get in the swing of things. On the +170 underdog, you would bet $100 for the chance to turn a $170 profit if the underdog wins.

If you want to bet on that -190 favorite, you would risk $190 to win $100. If you envision the number 100 sitting between these two values, it is easier to understand how it works. Positive values such as +170 reflect MLB underdogs, while the negatives indicated favorite.

When looking at MLB odds if you see negative values such as -110 in MLB betting lines, you’re looking at the favorite in a contest. and the one we use here are American odds, which have lines that look like +200, -110, etc. There are decimal and fractional odds, but the most common MLB odds format.

Video Poker Guide: Play the Best Online Video Poker Gamesīefore you try to read MLB odds, you have to understand what kind of MLB betting lines format you’re looking at - analyzing the meaning of lines is crucial for any baseball bettor.

Moneyline total runs parlay