MLB odds are numerical expressions bookmakers provide that reflect the perceived probability of specific outcomes in MLB games. These odds can be used to calculate potential payouts on various types of bets, such as runline bets, moneyline bets, totals, and futures. They can change frequently based on player injuries, team form, and betting trends.
The runline, similar to the point spread in other sports, is a type of MLB bet where the bookmaker assigns a favored team a certain number of points they must win (or an underdog team can lose by) for a bet on them to payout, which is typically 1.5. The favored team is indicated by a minus (-1.5), and the underdog by a plus (+1.5). The best runline picks for today can be found by comparing the lines across different sportsbooks.
The moneyline in MLB betting simply refers to picking which team will win the game outright, regardless of the runs scored. The team expected to win is represented with a minus (-) symbol, while the underdog is represented with a plus (+). Moneyline bets are some of the most straightforward MLB bets you can place.
Totals, also known as Over/Under bets, are MLB bets where you wager on whether the combined score of both teams in a game will be over or under a number set by the bookmaker. They are a popular option for bettors who may not have a strong opinion on the game's winner but have an idea about the pitching or run-producing ability of the teams.
MLB Futures bets are bets placed on events that will happen in the future, such as which team will win the MLB World Series, who will be named NL MVP, or AL Cy Young. These bets can be made well before the event, sometimes even before the season starts. The best futures bets are typically based on understanding team and player performance trends over an extended period. Futures bets evolve throughout the season, giving bettors good opportunities to back players at better values that they expect to improve which the public consensus may not identify.
MLB props, short for MLB proposition bets, are wagers placed on events within a game that do not directly affect the outcome. For example, you might bet on how many hits a specific player will get, the type of hit a player will get, or how many strikeouts a pitcher will record.
MLB same-game parlays are a type of prop bet where multiple selections are made within the same game. For example, you might bet on Team A to win, Player X to strike out 7+ batters, and the total runs to be under 8.5, all in the same game. This type of bet can offer high payouts but requires every selection to win.
MLB team props are bets that focus on outcomes related to a specific team rather than individual players. For example, you might bet on Team A to score over or under a specific amount of runs. The best team prop picks often require understanding team dynamics and strategies.
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