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Complete MLB Odds Betting Guide: World Series Odds, Opening Day, Game Lines and Props


Betting on baseball has been around for as long as the sport has been played professionally, and everyone knows the stories from Pete Rose to Shoeless Joe Jackson. In the US, more and more states are allowing legal sports betting, which includes betting on baseball. Betting on America’s pastime is a tradition, and there are various ways to do so. From betting on who will win the World Series to wagering on individual player props, betting on baseball is here to stay.

 

How Can I Bet on the MLB?

While wagering on baseball is something that has been done for over a century, it has not always been legal in the US, until now (in some states). There are a large number of different types of betting markets as far as MLB wagering is concerned, and it can vary from sportsbook to sportsbook. Assuming there is baseball in 2020, whether in full or empty stadiums, there will be wagering on the sport.

 

 

MLB Odds Guide

Most legal online sportsbooks offer the following types of MLB betting:

  • Run Lines
  • Totals (Over/Unders)
  • Moneylines
  • Futures
  • Props
  • In-Game Betting
  • Parlays
  • Teasers and more!

 

MLB Futures Betting

Normally, betting on MLB futures involves quite the large number of betting markets. With the uncertainty of the league in 2020, it is tough to find futures markets for MLB betting. Traditionally, there are a vast number of betting markets that include:

  • World Series Betting
  • American League Championship Betting
  • National League Championship Betting
  • Player Props
  • Who will lead the MLB in HR?
  • AL and NL MVP Props
  • AL and NL Cy Young Betting
  • MLB Win Totals and more.

 

Where Can I Bet on the MLB?

Assuming the MLB returns, Bettors can legally wager on baseball in quite a few states in the United States as of summer 2020. With more and more states being added as time goes on, it is just a matter of time before the majority of the states allow legal online sports betting. Here are some of the top sportsbooks for MLB betting. You can also wager on the NFL and NBA at these sportsbooks, along with plenty of other sports betting markets.

 

DraftKings Sportsbook

States Available: PA, NJ, WV, IN, NH, IA, CO

Bonus: Up to $1,000 BONUS

 

FanDuel Sportsbook

States Available: PA, NJ, WV, IN, IA, CO, NY

Bonus: Risk-FREE Bet up to $500

 

BetMGM Sportsbook

States Available: NJ, CO, WV, IN, NV

Bonus: Risk-FREE Bet up to $500

 

States with Legal MLB Betting

Sports bettors can wager on the MLB in the following states, using either online sportsbooks or at brick-and-mortar casinos that offer legal sportsbooks. More states will become available, so this list will certainly grow.

 

Top Sportsbooks for MLB Betting

 

A more detailed look at the top sportsbooks to wager on Major League Baseball. These sportsbooks offer the best welcome bonuses along with the most variation of MLB betting markets.

 

DraftKings Sportsbook MLB

Promo Code Use our Exclusive Link: FREE $1,000 Bonus!
States with the DraftKings Sportsbook App Colorado, Iowa, Pennsylvania, New Jersey, West Virginia, Indiana, New Hampshire
Promo Details 1. New players receive a risk-free $500 bet

2. First bet matched up to $500. Free bet must be used within 30 days of first bet.

Free bet amount is not included in any returns or winnings. Free bet is also not redeemable for cash, non-transferable, and non-refundable.

3. Deposit bonus up to $500. Deposit is matched at 20% (bonus requires 25x play-thru)

Does the Promo Expire? Yes. The $1,000 sign-up bonus promo ends 5/31/20. Eligibility restrictions apply.
States with Physical DraftKings Sportsbooks New Jersey, Mississippi, New York, Indiana
Promo Last Verified On June 29, 2020

DraftKings Sportsbook is universally known as the leader in legal sports betting and daily fantasy sports in America, and has one of the best welcome packages in the space for new users. First-time MLB bettors will get a risk-free bet and a large deposit bonus match worth up to $1,000.

 

FOXBet Sportsbook MLB

FoxBet Colorado Promo Code Click THIS LINK to lock in the best FoxBet CO Bonus
FoxBet PA Promo Code Click THIS LINK to lock in the best FoxBet PA Bonus
FoxBet NJ Promo Code Click THIS LINK to lock in the best FoxBet NJ Bonus
How To Use Your FoxBet Bonus 1. Create an account on FOXBET COLORADO
2. Make a deposit
3. Get a $500 risk-free bet and up to a $500 deposit bonus!
Does Your FoxBet Bonus Expire? Yes, your free bonus must be used within 30 days.
Bonus Last Verified On June 29, 2020

One of the fastest-growing sportsbooks in the US has quickly become FOXBet Sportsbook. With a wide selection of MLB betting markets and the backing and exposure of the Fox Sports brand, FOXBet is here to stay. Expect FOXBet to own a large share of the betting market in each state it enters.

 

BetMGM Sportsbook MLB

BetMGM is one of the top brands in online gaming in the world, and the brand has legal online sportsbooks in a number of states that offer a significant welcome bonus along with a vast selection of MLB betting markets. Try the BetMGM Sportsbook here for a risk-free bet worth up to $500.

 

FanDuel Sportsbook MLB

One of the most popular sportsbooks in every state it is offered in, is FanDuel Sportsbook. Given that it was the first to enter many states, FanDuel holds the majority of the market share for MLB betting. FanDuel offers a risk-free bet, deposit bonuses, and frequent promotions for bettors that use the platform.

 

2020 World Series Odds

 

Team World Series Odds
LA Dodgers +375
NY Yankees +400
HOU Astros +650
ATL Braves +1300
MIN Twins +1600
TB Rays +1800
WAS Nationals +1800
PHI Phillies +2000
STL Cardinals +2000
CHI Cubs +2200
CLE Indians +2200
NY Mets +2200
CIN Reds +2500
OAK Athletics +2500
BOS Red Sox +3000
CHI White Sox +3000
MIL Brewers +3000
LA Angels +3300
ARI Diamondbacks +4000
SD Padres +4000
TEX Rangers +8000
PIT Pirates +10000
TOR Blue Jays +10000
COL Rockies +15000
SF Giants +25000
KC Royals +50000
SEA Mariners +50000
BAL Orioles +75000
DET Tigers +75000
MIA Marlins +75000

Betting on the World Series in 2020 is a bit different due to the coronavirus pandemic. There is a vast uncertainty on when baseball will resume its season, but also if a season will even take place. Nevertheless, DraftKings Sportsbook is taking bets on the World Series at the above odds. The Los Angeles Dodgers are the current favorites at +375, but are closely followed by the New York Yankees at +400, and the Houston Astros are behind both at +650. Every other team is at least 13:1 to win the World Series, but there are some mid-tier clubs as far as payroll, which is great to see.

 

MLB Win Totals

MLB Win Totals have not yet been released with uncertainty surrounding the 2020 MLB season. Stay tuned for updates.

 

MLB MVP Odds

Odds have not yet been released for the MLB MVP Award with uncertainty surrounding the 2020 MLB season. Stay tuned for updates.

 

MLB Cy Young Odds

Odds have not yet been released for the MLB Cy Young Award with uncertainty surrounding the 2020 MLB season. Stay tuned for updates.

 

 

MLB Odds Frequently Asked Questions

 

When will the MLB start in 2020?

There is no set date yet for MLB to resume in 2020, as the MLB and MLBPA have not reached an agreement as of early June 2020.

 

Where can I bet on the MLB legally?

You can bet on the MLB legally in the United States in states with legal sports betting. Pennsylvania, New Jersey, West Virginia, Indiana, New Hampshire, Iowa, Colorado and more.

 

When is the 2020 World Series?

The 2020 World Series is likely to take place in fall of 2020, pending baseball having a season. Traditionally, it is played in October.

 

Can I bet on the World Series?

Yes. In states with legal online sportsbooks, you can bet on the World Series.

 

Who is the favorite to win the World Series?

The favorite to win the 2020 World Series is the Los Angeles Dodgers at +375 on DraftKings Sportsbook.

Source

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