Who do you think will win? Find out how to place a moneyline bet on the Major Leagues.
MLB Moneyline Betting Explained
Betting on an MLB moneyline is one of the easiest bets in sports and a great way for beginners to get started. It is essentially betting on who we think will win the game, but how much money we win will depend on whether we pick the underdog or favorite. With 30 teams playing 162 games each in an MLB season, there is never a shortage of games to bet on.
MLB moneyline betting online is a bet on who you think will win the game. When we pick the favorite to win, our odds are going to be displayed as negative (–) and our pay-out less. But when we pick an underdog, the odds are positive (+) and the pay-out higher.
MLB moneyline betting is the easiest way to get involved in betting on baseball. All we are doing is picking the winner straight up, rather than having to figure out if the spread (difference in points) will be covered or not.
MLB moneyline bets can also be a great way to build a parlay that contains multiple selections. The more teams we have in a parlay bet, the higher our odds grow, and the more we stand to win. With multiple games being played every day of the season, it’s easy to build many multi-leg parlays using MLB moneyline bets.
Before engaging in MLB moneyline betting online, let’s take a look at an example. Below is a game between the Houston Astros and Los Angeles Dodgers with the following betting line – which we would find at any sportsbook with MLB moneyline betting odds:
|Team||Moneyline||Run Line (point spread)||Total (O/U)|
|Dodgers||-200||-1.5 (+125)||7.5 O (-150)|
|Astros||+180||+1.5 (-170)||7.5 U (+110)|
Using this example, we’re going to place a $100 wager, but we don’t have to bet $100, we can bet as much money as we choose.
In this case, we know the Dodgers are favorites since their odds are negative. That means the Astros are underdogs as their odds are positive. Negative moneylines mean we must bet the given number in order to win $100. A $100 bet on the Astros would win $180. Check out our bet calculator to see how much you would win on your bet from different odds and stakes.
Check out our easy guide to understanding how the spread works, and how you can bet on it.
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A +200 MLB moneyline means that the team in question is the underdog for the game because it has a positive symbol before the number. It also means that a $100 bet on this team on the moneyline will win us $200.
Yes, an MLB moneyline is in reference to the final outcome of the game, so an MLB moneyline bet does include extra innings (or MLB overtime).
A positive (+) MLB moneyline represents the odds for the underdog in a game. This is in contrast to a negative (-) MLB moneyline, which represents the favorite.
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