Everything you need to know about betting on MLB
- Legal overview on Betting on MLB in Philadelphia
- Learn about the various types of MLB Lines
- Why Comparing MLB Odds matters
- How to recognize a great MLB Bookmaker
- Bet on the GO - Mobile betting on MLB
Legal overview on Betting on MLB in Philadelphia
Aside from the age restriction of 21 years or older, sports betting is completely legal in Pennsylvania. The state set a new record in January with over $600 million placed on bets, which generated $34 million in taxable revenue.
Types of MLB Betting Lines
MLB Main Lines
MLB Money Line Betting
Money lines are very simple; you are just betting on a team to win. Odds will vary depending on how close the matchup is.
Let's say you wanted to bet on the Phillies (-150) against the Pirates (+130). In this case, a $150 bet on the Phillies would win $100, and a $100 bet on the Pirates would win $130.
MLB Run Total Over Under Betting
The run total refers to the number of runs that the bookie expects to be scored. Sports bettors have the option to bet if the actual runs total will be "over" or "under" the bookmaker's prediction.
Totals will range depending on the teams involved. The odds usually stay between -130 and +110.
MLB Run Line Betting
Run lines are similar to Puck Lines in hockey; the line is always set to 1.5. The favorite needs to win by at least 2 runs while the underdog can afford a 1 run loss and still win the bet.
The odds will vary based on the teams. For example, if the Phillies were -120 favorites on the money line, you could find them around +165 on the run line. If you wanted to bet on the Pirates at +175 on the money line, you could find them around -110 on the run line.
MLB First Five Innings Betting
Gamblers can also bet on the first five innings of a game.
The 5 inning line lowers the run line from 1.5 to 0.5 adjusts the money line and over/under totals. MLB bettors like this option to avoid dealing with the bullpen.
MLB Parlay Betting
Parlays are great options for gamblers with multiple bets. A parlay is like betting on a group of bets to all win. All bets placed in the parlay must win for the parlay to be victorious.
The more bets you add to a parlay, the higher the potential payout. For example, if you liked the Phillies (-195), Yankees (-140), and Red Sox (-120), you could parlay them together for odds close to +375!
MLB Future Bets
MLB World Series Winner
The World Series future is the hardest to win, but it also offers the best payouts!
The current favorites to win the World Series are the Dodgers (+300), Yankees (+550), Padres (+800), White Sox (+1000), Braves (+1000), Mets (+1100), Blue Jays (+1600), and Twins (+2000). Trailing them are the Cardinals (+2500), Astros (+2500), Athletics (+2800), and Rays (+3000).
MLB Conference Betting
Bookmakers will offer odds for a team winning the American or National League Pennant.
The current favorites in the American League are the Yankees (+250), White Sox (+375), Twins (+750), Blue Jays (+800), Rays (+950), Athletics (+1000), and Astros (+1000).
The current favorites in the National League are the Dodgers (+165), Padres (+425), Braves (+550), Mets (+600), Cardinals (+1200), Reds (+2000), and Nationals (+2000)
MLB Division Betting
Divisional betting has lower odds because only 5 teams are in the mix.
The current odds in the NL East list the Braves (+135), Mets (+140), Nationals (+650), Phillies (+1000), and Marlins (+3000).
The current odds in the NL Central list the Cardinals (+110), Brewers (+300), Reds (+375), Cubs (+550), and Pirates (+10000).
MLB Player Props
Player to hit home run
Home run props are very common in MLB betting. The odds can vary depending on the team and which pitchers the batter is facing.
Player to hit single/double/triple
This is a player vs. player prop. Gamblers are able to bet on which player will pick up more bases throughout the game.
Bases only count from singles (1 base), doubles (2 bases), triples (3 bases), and home runs (4 bases).
Some sportsbooks offer over/under totals for combined stats.
For instance, Bryce Harper may have a prop bet for 2.5 Hits+Runs+RBIs with a -130 over and +110 under.
Pitcher Strikeouts Over/Under betting lines
Strikeout props are also really popular. You will find these bets in the over/under format, which means the odds are usually close to even.
For example, Aaron Nola may have a strikeout total of 7.5 with a -110 over and -110 under.
It is important to keep an eye on potential pitcher changes made before the game. Most bookies will void any bets there were previously placed.
Live MLB Betting - Where to bet Live on MLB
Live betting is great for gamblers who weren't able to place their bet before the game. Compared to pre-game betting, it is a very fast-paced environment. One of the benefits to live betting is the increased chances of coming across valuable odds lines.
Why comparing MLB ODDS matters
Comparing odds between bookies is one of the easiest ways to increase your profits.
For example, if Bovada offered the Phillies at -200 and BETMGM had them at -180, then you would have saved $20 betting to win $100 if you had wagered with BETMGM.
MLB Favorites vs. Underdogs
"Favorites" and "Underdogs" are two common terms in the betting world. The favorite (-) is the team that bookies expect to win, while the underdog (+) is the team they expect to lose.
For example, the Phillies are +130 in their next game against the -150 Blue Jays.
How to recognize a great MLB Bookmaker
The license they hold means safety
Registering with a licensed sportsbook is the only way to guarantee that your funds are safe. You should avoid any unlicensed bookies at all costs.
Bonuses and promotions tailored to MLB Betting
Bookmakers will often release new deals and promotions to stand out among their competitors.
These offers are a great opportunity to increase your profits, so keep an eye out for them!
Variety of betting lines
The very best bookies offer large varieties of betting lines. You should find money lines and point spreads on most sites, but futures and prop bets are tougher to find.
Easy to use interface
Sports betting is a lot easier when you are comfortable with the interface. Be sure to try out a few options to help decide which ones you like best!
Variety of Payment Methods accepted
Some sportsbooks offer different payment methods than others. Common methods include credit/debit cards, cryptocurrency, e-wallets (PayPal, Skrill, etc.), and bank transfers.
Multiple Customer support channels
Customer Service is where bookies can differentiate themselves from their competitors. You never know when a random tech issue will arise, so preparing yourself with a reliable support team is a top priority. The best sportsbooks can address your issue within 10-15 minutes.
Bet on the go - mobile betting on MLB Betting
Top MLB Betting apps
- William Hill
- Fox Bet
- Hard Rock