Here you can find Weekly MLB Betting Lines and odds which get updated every 30 seconds throughout the whole season. OddsMax presents the best spreads, moneylines, and total bets from premiere offshore sportsbook BetJOE.com
Live MLB Lines & Odds available during matches!
What is a MLB moneyline bet?
When it comes to baseball the MLB is the most popular, most interesting, and the only important league, betting wise. The moneyline bet in the MLB is the most important bet. The team you bet on has to win the game, regardless by how many runs they do it. When you see negative values such as -190, that is the favorite. Positive values such as +170 refer to the MLB underdogs. Just like in NHL, NFL, and NBA, if a game finishes with a draw, over-time is played until a winner is decided. Here is an example for a MLB moneyline bet.
- Washington Nationals – 190
- St. Louis Cardinals + 150
The “-” odds are always given to the favorite. In our example, that would be the Nationals and if you want to bet on them, you would have to risk $190. If they win, you will get your stake back and a profit of $100. Since this outcome is more likely, you have to risk more money to play it. On the other hand, betting on the Cardinals to win is betting on the underdog. For every $100 you bet, you get a chance to win a profit of $150. However, since they are the outsiders, this outcome is less likely to happen.
What is a MLB lines and odds spread bet?
The spread bet in MLB is known as “RUNLINE”. Even though it’s similar to any other spread bet, it has something unique. For instance, the spread bet in the NBA depends on the team that’s playing. The favorite could have a -11.5 spread while the outsider could have a +5.5 spread. In the MLB, the spread is always the same for both sides, it’s the odds that differentiate the bet. That’s why the runline bet is compared to the Asian Handicap bet in soccer. Here is an example to make things simpler.
- Los Angeles Dodgers -1.5 – 160
- Milwaukee Brewers +1.5 + 140
Keep in mind that the odds could be – or + regardless of the whether the spread is a + or -. That’s why we have picked an example where the Dodgers are strong favorites while the Brewers are outsiders. As you can see, instead of the Dodgers getting a harder to achieve spread, their odds got reduced if they were to win by at least 2 runs. You would need to risk $160 in order to win $100 as profit. This means that this outcome is very likely to happen which is why you need to risk more money to get those $100 as profit. On the other hand, the Brewers are the outsiders. If you bet on them, they need to win or to lose by just 1 1 run. In that case, the $100 you would wager will get you $140 as profit.
What is a MLB totals bet?
Known as OVER/UNDER odds, this form of baseball wagering involves deciding if the total number of runs scored in the game by both teams combined will be more or less than a certain number. Basically, this bet is exactly like any other Over/Under bet for any other sport. The results in MLB usually go from as low as 6.5 runs to over 11.5 runs. Just like in the other sports we covers, the MLB odds for Over/Under bets will be equal in almost all cases. Even if they are not completely equal, they will be very close like – 115 and + 120. Here is a simple example for a MLB totals bet.
- Chicago White Sox Over 8.5 – 120
- New York Mets Under 8.5 + 120
As you can see by the example, the bet is as simple as it can be. The favorable outcome is that the match goes over 8.5 runs. So, to bet on that outcome, you need to risk $120 in order to win a profit of $100. If the match finishes with at least 9 runs in total, you will win your bet. On the other hand, betting on under 8.5 is not the favorable outcome. That’s why if you bet on it, you can win a profit of $120 by betting just $100. To win this bet, the game needs to finish with a maximum of 8 runs in total.