2021 MLB Betting Guide

MLB Betting Tips and Strategies to Help You Make Money Betting on Baseball


Baseball is a beloved sport that has been around for over 100 years. And it’s so highly regarded by the American public that it is often referred to as “America’s pastime.” Not only is baseball a great game and woven into the fabric of our national heritage, but this is also a wonderful sport for avid bettors and punters to make some serious cash!

In our comprehensive MLB betting guide, we will show you the best tips and strategies for making some real money betting on MLB baseball games!

Contents of Our Major League Baseball Betting Guide

Best MLB Betting Sites Anywhere Online

For those of you who are ready to place your baseball bets, we’ve compiled a list of the best online sportsbooks offering action on Major League Baseball. These sites offer action on all of the games, futures bets, and even some profitable MLB prop bets for you to choose from. Our expert staff has combed the web looking for the best of the best, and this is what they’ve found. These are the most trusted sites with the best action for people looking to bet on baseball.

Rank
Betting Site
Bonus Bet Now
1BetUS Logo BetUS Logo

BetUS
125% up to $2,500 Go to Site
2 BetOnline Logo

BetOnline
50% up to $1,000 Go to Site
3 Bovada Logo

Bovada
50% up to $250 Go to Site
4 SportsBetting.ag Logo

SportsBetting.ag
50% up to $1,000 Go to Site
5 MyBookie Logo

MyBookie
50% up to $1,000 Go to Site

We do want to point out that no sportsbooks can pay us for a better review or higher ranking or recommendation. The only way for a book to make it onto this closely guarded list is by providing the best sports betting service possible with special considerations for MLB bettors.

Why Are These the Best MLB Betting Sites?

There is a specific set of criteria we use to test any and all real money MLB betting sites. Here are a few of the aspects we look at:

  • Reputability and Trustworthiness
  • Safety and Security Protocols
  • Real Money Bonuses and Promotions
  • Variety of Baseball Odds
  • How Fast They Payout Winnings
  • Helpfulness of Customer Support
Every Major League Baseball betting site we recommend to our users has been tested by our staff and passed all of these tests. We risk our own money testing online sportsbooks so you don’t have to!

To learn more about how we picked the top MLB betting sites be sure to follow the link below where we go into more detail on the selection process and what each of these MLB betting sites has to offer:
MLB Betting Sites

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Free MLB Picks and Baseball Betting Resources

It’s no secret that there are some people out there who absolutely crush betting on Major League Baseball. These bettors have mastered their craft and regularly make money hand over fist. If you’ve ever wondered how these guys and gals think and what bets they are making, you’re in luck. We have several experts on our staff who have agreed to share not only their upcoming betting picks but also their mindset into how they arrived at their conclusions.

This sort of baseball betting information should cost a lot of money, but they’re willing to give it to you for free. What’s the catch? There is no catch. This is a free and unfettered look into the brains of these geniuses. The best part is that their picks are posted BEFORE the games so that you too can capitalize on their expertise. If you never learn a single thing about betting on baseball, you can still get in on the action with our expert picks, completely free of charge.

Free MLB Picks

To help you on your journey to becoming your own MLB betting expert, we’ve compiled a list of MLB betting strategies articles and other resources below. With these tips and tricks, you should be able to build your own winning MLB betting strategy to start making some serious money betting on baseball games.

Remember, these tips will need to be coupled with some good research and hard work. Don’t expect to read our guide and instantly be the best. However, if you read our MLB betting tips and couple them with some hard work, your odds of being a successful sports bettor will shoot through the roof

How Do Baseball Betting Odds Work?

If this is your first time betting on the MLB, it’s important to know about betting odds, and how to read them and gauge them. By and large, baseball is a sport that is based around moneyline bets, which is essentially picking a team to win each game outright. Check out the scenario below to get a better idea of how moneylines work!

Team 1
Los Angeles Dodgers
-200
Moneyline Bet
Team 2
Pittsburgh Pirates
+170

In the example above, the Dodgers are the favorite, and the Pirates are the underdog. Minus signs (-), in the case of MLB sports betting, signify the favorite. Plus signs (+) signify the underdog.

Let’s say that you want to bet $100 on the Dodgers. You would be paid out $150 on a winning bet because you would be getting back your original bet plus $50. If you put the same money on the Pirates, you would win a total payout of $270, getting back your original $100 plus $170 in winnings.

Odds for the favorite are going to be better, but the payout will not be as lucrative because the likelihood of the favorite winning is high. However, if the underdog pulls off an upset, the payout will be much better because the odds were stacked against them.

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Popular Types of MLB Bets

Baseball is a sport that offers a large variety of betting opportunities for its followers. It’s not a simple matter of betting on the outright winner of each game. If that were all that MLB betting was, the whole experience would be so much less exciting.

Fortunately, the avenues for betting on the MLB and winning some real money are abundant. Beyond outright winners, bettors can place wagers on teams’ seasonal accomplishments or occurrences throughout any given game or event! Here are all the MLB bets you can expect to see at all the top-rated MLB betting sites we recommend.

Moneylines

As mentioned earlier, a moneyline bet is the most traditional in MLB betting. This is betting for the outright winner of a certain game. It is the bet that most people think of when it comes to betting on baseball. The moneyline is based off a $100 bet.

Let us use the example we set forth in the section titled, “Understanding Baseball Odds.”

Team 1
Los Angeles Dodgers
-200
Moneyline Bet
Team 2
Pittsburgh Pirates
+170

Your best bet, in this case, would be to bet on the Dodgers. What you would have to do for a moneyline bet is wager $200 on the Dodgers in order to gain $100. In the case of the underdog, the Pirates, you would have to wager $100 and gain $170! The Pirates have worse odds to win, but the payout will be much bigger if there is an upset and they win. Your best bet is to wager on the favorite because you are much more likely to walk away with something. However, many like to bet the underdog in hopes of winning more!

Dime Lines

Dime lines are bets where the separation between the favorite and the underdog is only -10. Using the example of the Dodgers and the Pirates, this would look like Dodgers -200/Pirates +190. Another popular variation of this type of bet is 20 cent lines where the separation is -20 between the favorite and the underdog.

Futures

These kinds of wagers are exactly what their name implies. Futures bets placed on events or occurrences of things that will happen off in the distant future. These kinds of wagers can be for a certain team to accomplish specific goals during their season, like winning the World Series or winning their division title. Futures wagers can allow bettors to remain invested in a team or player throughout the duration of the season.

There are some big opportunities for huge payouts if an underdog takes the season by storm!

Futures can be placed on everything and anything from pennant races to baseball awards and even individual awards like the Rookie of the Year or the Cy Young.

Totals: Over/Under

The concept of the over/under bet is the same in Major League Baseball betting as it is with betting on any other sport. The over/under is a number that is an estimated combination of both scores for a certain game. Bettors can then take a shot at predicting if the final score of the game will go over or under this number. These MLB bets can be placed for an entire season as well!

Team 1
OVER 7.5
-110
Total Bet
Team 2
UNDER 7.5
-110

Let’s say that the over/under total for a certain game is 7.5. In order for an over bet to win in this scenario, there would need to be a combined score of at least 8. For an under bet to win, there would need to be a combined score of 7 or lower.

Run Line

Run lines are the point spread of the baseball world. To create a more even playing field, a team will be given a small advantage of 1.5 over the other.

Let us look to our Dodgers and Pirates example once more for the run line. Here is what the odds would look like.

Team 1
Los Angeles Dodgers
-1.5
Run Line Bet
Team 2
Pittsburgh Pirates
+1.5

Instead of covering a point spread, each time will have to cover their respective run lines. The Dodgers would have to win the game by two or more runs to cover their run line. The Pirates would have to either win the game or not lose by two or more runs. The run line carries more risk than the typical moneyline and can offer a much more specific bet that can be more exciting to play!

There are some instances where there will be a run line that uses -2.5 instead of -1.5. The moral of the story is that favorites will need to win by 2 or 3 to cover, essentially a small number.

Five Innings Wagers

These bets may appear on sportsbooks as an F5 wager. This is betting money on the first five innings of a game. They carry less risk than a moneyline, which is placed for the outright winner. This is the perfect bet to place when the season is just beginning, and teams or players are just getting into their rhythm. This is a method that bettors can use to their advantage, handicapping teams during the early days of the season without having to risk their money on outright wins using moneylines.

Parlays

Baseball on MoneyThese bets are much riskier. But if they pan out the way in which the bettor predicted, they can be quite lucrative! For the most part, we recommend you stay away from parlays. The process involves placing bets on multiple outcomes, and it requires the bettor being correct on each piece for them to see their payout! If one small part of the bet does not occur as predicted, the whole parlay counts as a loss.

Parlays typically feature a bet slip with more than two bets, a way to bundle your baseball bets in hopes of creating more money than you would with a single bet. With parlay bets in the MLB, or any sports for that matter, it is high risk and high reward!

Prop Bets

MLB prop bets are wagers that can be placed on occurrences and occurrences that take place during a certain game. Prop bet scenarios can be extremely extensive. They are so popular amongst avid sports bettors that many sportsbooks will feature a prop bet builder for customers to come up with endless content for baseball wagering.

Here are a few examples of prop bets found at MLB betting sites:

  • First team to reach 3 runs in the game
  • Will there be a run scored in the first inning?
  • Total hits for both teams combined
  • Runs and errors for both teams combined
  • Team to score first in the game

Live Baseball Betting and In-Game Wagers

This is a game-changing feature offered at most sportsbooks where the bettor can stay continually engaged in betting as the game unfolds live! As the action of the game or event evolves and changes, so do the odds and betting lines. Bettors will have to be quick and alert during these sessions, as odds and betting information may only be posted and available for use for as little as a few minutes before another event in the game could change everything!

Important:

Expect fluctuation and for the numbers to quickly change. However, if you know your baseball, this can pose a fun and engaging challenge as well as many more opportunities to make extra money throughout the game.

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MLB Baseball Betting Strategies and Useful Tips

Are you looking to get an edge on your MLB baseball bets? Here are some strategies and tips you can employ when using top-rated MLB sportsbooks. These simple principles are your ticket to increased winnings and a fatter bankroll!

This is a betting method where you go against the flow of public opinion and bet on the underdog. Upsets occur and popular opinion does not dictate the final outcome. This is where bettors need to have a discerning eye for the big picture. We are not saying to blindly bet contrarian each time, but there are times where the public bias for recent events can be wrong along with the largely inflated numbers made by the oddsmakers for the favorites.

Not to mention, there are plenty of numbers and stats that prove public sentiment loses more often than not. But before betting contrarian, consider all factors like recent performances, how well-rested the team is, the players that will be on the field, the weather conditions, the location, and other factors.

Oddsmakers take advantage of casual bettors by overpricing betting lines around favorite teams. They know a casual or less-informed bettor will tend to place wagers on the favorites. With the price jacked up, bettors will win on smaller payouts than usual but will be annihilated if the favorite loses.

We recommend spreading your bets out amongst a larger pool of teams instead of strictly betting the big teams. Even if you win, your payout may not have been worth the time and effort!

Instead of focusing on big favorites alone, focus on plus-money underdogs. Remember that your margin of victory on a big favorite can be quite meager when you consider overpricing by the oddsmakers. Sure, you are taking a bit more of a risk with a dog, but the rewards and payouts on plus dogs are the type of money you need to grow your bankroll.

Keep an eye on underdogs in certain divisions because there is a subtle advantage in store for bettors. These underdog teams actually have a good chance at pulling off some upsets because they are usually always playing the same teams within their division. This familiarity with the same teams week to week or month to month helps these underdogs to understand their competition and find a way to exploit a weakness to score a subsequent victory!

This is a betting strategy where players can find some hot action and gain an edge in the numbers. Reverse line movement occurs when the betting lines move in the opposite direction of the betting percentages. Look for the favorite to still be getting the lion’s share of the moneyline bets, but the line could drop while the line for the dog increases. This is the indicator of sharp action on the lines and signals the bettors’ opportunity to strike when the iron is hot.

Believe it or not, this is actually a factor to consider. Know who the ump is for the game and, if possible, try to look at some of their past calls and decisions. These can be a good indicator of their character and their motivations. There are some umps out there who cave every now and then when it come to pressure from the crowd. This would ultimately benefit the home team. But there are also umps who like to create waves and rock the boat a little bit.

They thrive off an aggravate crowd. Umpires have been known to influence the outcomes and trajectory of games, so we stress familiarizing yourselves with certain umps and how they were able to affect the final result of the game. There could be a subtle edge here for a favorite or a dog!

Your key to forming a complete picture to inform the best possible wagers is to look at betting lines at more than one sportsbook. This is what is known as shopping around for the best lines. We recommend that you join at each of our five favorite MLB sportsbooks and shop around betting lines in order to make the most informed wager that you can!

Not all sites will post the same information. It is the discrepancies in the numbers in which a large edge can be found. This betting technique is one that has been used by all the professional sports bettors in modern history, including Billy Walters!

Baseball is a sports where betting volume can lead to you to exponentially increase your profits. Compared to the NFL, where a 2% ROI results in only +1.02 units being won, the 2% ROI in the MLB results in an astounding +9.72 units won by comparison! In fact, MLB volume betting can produce profits that will be 9.72 times greater than volume betting in the NFL. An example of just how lucrative volume betting could be an MLB bettor who places $1,000 on every play would receive a profit by the end of the year of $9,270 ($1,000 x 9.72 units)!

Use attribute "a" for answer.

We made a reference to this earlier in the post, but parlays and teasers are a great way to lose money while the sportsbook makes plenty of money. The chances of seeing a payout on these wagers is slim, so we recommend you avoid them at all costs. There are plenty of other bet types that will be far more profitable for you. We suggest pursuing these opportunities. Do not be seduced by the hype of a huge payout with a parlay and teaser. More often than not, these wagers do not pan out and they leave you in a world of hurt.

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Most Common MLB Betting Mistakes

It’s bound to happen. As a gambler, you will make mistakes at some point down the road. But hey, if you can avoid some while you can, that’s always a plus!

Not Knowing Who Is Playing

Always be sure to know who is playing on each team during the game or event. The team line up can have a huge impact on the outcome of any given game. Keep track of the key members and their performance throughout the season.

Ignoring Bankroll Management

The worst thing you could do when betting on the MLB is getting in over your head and cutting your own throat due to accruing massive losses. Set up a budget for yourself, an amount of money you would having no problem parting with should things go south for you. This way you can minimize your losses and not allow an upsetting loss to affect your future decisions making abilities.

Betting Favorites on the Regular

Because there are more baseball games as season compared to many other sports, favorites can lose upwards of a third of their total games during the course of a season. This can create the conditions for upsets to occur. It is advised to not always be betting the favorites. There are more opportunities for things to go wrong for them. Baseball is one of those sports where we recommend taking underdogs as a betting consideration due to the likelihood of them winning more often.

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4 Reasons to Use Real Money Baseball Betting Sites

Are you trying to decide between using an online MLB sportsbook or making your wagers at a brick and mortar establishment? If you’re leaning toward the latter, I bet we can change your mind on the subject! Check out our top reasons why you should be submitting all bets and wager via a real money online sportsbook!

1. Real Money Bonuses

Smaller Bonus Sign with ConfettiLand-based sportsbook cannot compete with real money MLB betting sites in terms of bonuses and promotions. Using a betting site, bettors can grab up a plethora of welcome bonuses, deposit matches, account reloads, and rebates in addition to their winnings from just betting on the MLB or the World Series.

These bonuses and promotional offers are essentially free money that is up for grabs for the small price of doing something like depositing a certain amount of money into your account. This free money is provided by the online sportsbook, something that a land-based sportsbook does not offer.

2. More Accessibility

With a brick and mortar sportsbook, you are going to be limited by the hours of operation. You will also not find as many betting lines. Going with a top-rated online MLB betting site, you can place wagers 24/7 on the most popular sports from the convenience of your smart device! You will find many more betting opportunities for MLB betting.

Most sites carry MLB moneylines, futures, totals, dime lines, run lines, five inning wagers, parlays, teasers, and even live betting which allows bettors to place wagers throughout the course of a game or event!

3. Props Builders

In addition to the great action of live betting found at MLB betting sites, there is also the prop builder feature that allows bettors to create fun propositional bets. The result is a dense and expansive line up of betting opportunities.

MyBookie Props Builder Screenshot

Those who use real money sportsbooks for betting on the MLB will find many more betting types and scenarios than they ever would going through the brick and mortar sportsbook. There is simply much more technology at each betting site to make this reality possible!

4. Live Betting or In-Game Betting

This is not a feature you will find at the brick and mortar sports betting place down the road. Most of these places have neither the personnel nor the technology to pull off something like live betting. Online sportsbook that offer MLB odds do feature live betting or in-game bets allowing bettors to place wagers all during the course of a game or event. This makes for an exciting and engaging viewing experience.

Bettors need to be quick to score additional betting opportunities as some lines change as quickly as the action of the game!

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Common Questions About Betting on MLB Games

You’re now fully stocked with the information, recommendations, tips, and tricks that you need to bet on Major League Baseball successfully. It’s now up to you to put all of it together and put in the hard work necessary to take you from a novice amateur bettor to the big leagues as a success. You have all the tools you need at your disposal. Remember to bookmark this page in case you need to come back and review any of the information. We have faith that if you work hard, you’ll be able to start crushing the books in no time.

Here are a few final baseball betting questions from users just like you:

The process is not time-consuming by any means! It may take five to 10 minutes at the most. You start by clicking on the “Join” or “Create a New Account” tab. You will have to create a username, a password, and answer a few questions before your new account can be verified. Once all the information is filled out, a confirmation email will be sent to you. This means your account is set up and ready to use! Log into your new account and begin enjoying betting on all sorts of MLB odds and lines all from the convenience of your smartphone, tablet, or desktop PC.

No. Most sites will have settings that allow you to convert the MLB odds format into fractional, decimal, or money line odds to fit your preference.

The impact of weather on a baseball game can be hard to predict, but should not be overlooked. It's important to look at how teams have historically done with elements like rain, wind, and extreme temperatures before placing a MLB bet under such conditions.

Many places yes, but it's worth looking if major events are going on in college or international leagues. Depending on the baseball betting site you may see odds posted.

It can be, especially if you're not prepared. For best results be sure you're up to date with all that's happening in the sport. If you're a serious fan and add resources like the ones linked on this page it can become a lot easier to make a profit betting on MLB baseball games.

This is hard to say for sure as many winners prefer to remain anonymous, but there have been many reported winnings in the hundreds of thousands and even millions! As of 2021 Mattress Mack's $2M bet on the Astros to win the World Series is the largest potential payout in the media. If it comes through for him it could easily be argued that it set the all-time record.

Absolutely. We would not be recommending these top-rated real money MLB sites otherwise if we were not completely sure they were legitimate. Each site is fully licensed by a legitimate gambling authority in a reputable jurisdiction.

The sites are outfitted with safety software that guards all personal and financial information shared on the site and safety protocols for vetting new customers are utilized to prevent access to unsavory characters. These protocols include Know Your Customer (KYC) and Personal Identifiable Information (PII).

Yes, there are plenty of great welcome bonuses to capitalize on when you first join at a real money MLB betting site. These bonuses essentially reward you for being a newcomer to the site and will be applied once you complete an action like making your first deposit. The casino will reward you with some sort of deposit match as a thank you for creating an account and depositing.

Examples include BetUS’s 100% deposit match up to $2,500, MyBookie’s 50% deposit match up to $1,000, and BetOnline’s 50% deposit match up to $1,000.

Yes, you can, and we encourage this! Some of the all-time greats in sports betting history spread their time between multiple sports betting sites in order to get a good idea of all the odds available. Odds will differ site to site. It is when you find discrepancies within the different odds that you can discover a hidden edge.

This could increase your likelihood of a bigger payday! If you can, we recommend you join a few of the real money sportsbooks we promote on this page and use the variety of information, betting lines, and odds to score a true advantage over the general betting public.

We recommend odds online because there is a much larger pool of information to pull from. This is largely due to the presence of the props builder features that allows players to generate propositional wagers on practically any and every occurrence and non-occurrence during a game or event.

A lot of online MLB betting sites feature live betting that posts and updates odds during the game or event and keeps current with the ever-changing action. This allows players to be placing wagers all throughout the event, opening an even greater number of betting opportunities than they would find at a brick and mortar sportsbook. The advantage truly lies in betting online. There is so much more available to you, and it can all be conducted from the comfort and convenience of your smartphone or desktop PC.

This depends on which payout or withdrawal method you decide to use when betting on the MLB for real money. Typically, cryptocurrencies are king when it comes to getting the fastest payout possible. These payouts can drop into your account in a matter of 24 or 48 after the event, game, or match.

If you are all about getting your money as quickly as you can, we recommend getting a crypto wallet and utilizing a withdrawal method like Bitcoin, Ethereum, Litecoin, or Stellar. Credit cards can take a day or two longer, while checks and bank wire transfers can take upwards of a week or more to drop into your account. Crypto is certainly the way to go!

In theory always betting the favorite is a great way to make money betting on baseball. In practice favorites only win about 57% of the time and betting favorites pays out less than betting underdogs.

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