The Latest MLB Odds – Compare the Best Baseball Odds

This guide helps you find the best MLB odds on offer at elite online sportsbooks. You can use our tools to seriously boost your long-term chances of earning a profit when betting on baseball.

We will teach you how to read MLB lines like a pro. This guide will also break down your key wagering options, including the moneyline, run line, total runs, props and futures. Read on for a detailed guide to MLB odds.

Comparing 2022 MLB World Series Winner Odds

This table allows you to compare the World Series odds currently available at the leading sportsbooks. You can find the best line on a team you like and visit that site to place your bet. That will maximize your potential profits.

Team BetOnline Xbet MyBookie BetUS Bovada Sportsbetting.ag
New York Yankees +400 +360 +360 +450 +425 +400
Los Angeles Dodgers +450 +380 +380 +450 +425 +450
Houston Astros +750 +540 +540 +700 +650 +750
New York Mets +800 +630 +630 +700 +700 +800
San Diego Padres +1200 +970 +970 +1400 +1400 +1200
Toronto Blue Jays +1200 +960 +960 +1100 +1000 +1200
Atlanta Braves +1400 +1200 +1200 +1400 +1400 +1400
Milwaukee Brewers +1600 +1250 +1250 +1600 +2000 +1600
Chicago White Sox +2500 +2100 +2100 +2000 +2500 +2500
St. Louis Cardinals +2500 +2500 +2500 +2800 +3300 +2500

BetOnline and SportsBetting.ag are sister sites, so they offer the same odds. The same is true of Xbet and MyBookie.

How do MLB Odds Work?

MLB odds highlight the profit you stand to earn if you place a winning bet. They also explain the implied probability of a bet succeeding. We have provided examples of MLB betting lines to help you make sense of them.

Explaining MLB Odds

Online sportsbooks release MLB lines and odds on every game. They start out by assessing the respective qualities of each team. The oddsmakers focus on recent results, head-to-heads, team news, listed pitchers, home advantage and other important considerations.

That allows them to release moneyline betting odds on either team winning the game. There is usually a favorite and an underdog. The sportsbooks also come up with odds for the run line, total runs, props and various other markets.

These MLB odds are liable to change in the build-up to the game. The MLB odds today can change if news breaks of injury to a key pitcher, for instance. They may also change in response to public sentiment. If most bettors back a particular team, the odds on that team will grow less appealing, and the odds on the other team will become more attractive.

You may hear bettors discuss MLB Vegas lines or MLB Las Vegas odds. These are the MLB odds published by retail sportsbooks in Sin City, and they are normally very similar to the odds at online sportsbooks.

How to Read MLB Lines

MLB odds are presented in the American format. That means they begin with a plus or a minus. This is an example:

  • New York Mets to beat Miami Marlins at -140
  • Miami Marlins to beat New York Mets at +120

If the MLB odds begin with a minus, the numbers tell you how much you need to wager to generate a profit of $100. A $140 bet on the Marlins at -140 would earn you a $100 profit. You get your bet amount back, so your return would be $240.

When the MLB odds start with a plus, it tells you how much you will win if you place a successful $100 wager. A $100 bet on the Marlins would earn you $120. Your total return would be $220.

You can wager any amount you like. A $20 bet on the Mets at -140 would result in a profit of $14.29. A $20 bet on the Mets at +120 would earn you a $24 profit. The smaller potential profit on the Mets tells you that they are the favorites, with a higher implied probability of success.

Types of MLB Odds Available

MLB betting options can broadly be divided into four key categories: pre-game odds, live betting odds, futures odds and parlays. We have broken down your main wagering options within each category:

Game Odds

The best gambling apps and sports betting websites will offer more than 1oo pre-game wagers on each MLB game. These are the most popular bet types:

Moneyline

This is a simple bet on which team will win a game. The moneyline odds tell you the implied probability of each team winning, and the profit you would earn by betting on them.

In the example used below, the Mariners have a 44.4% implied probability of winning, and the Angels have a 57.4% chance of success.

Example: 

Team Odds
Seattle Mariners +125
Los Angeles Angels -135

Run Line

The MLB betting sites give the team they deem to be stronger – the moneyline favorite – a 1.5 runs handicap. For example, you might find MLB odds of +120 on the Texas Rangers -1.5 against the Washington Nationals, and -140 on the Nationals +1.5.

If you bet on the Rangers, they would need to win by 2 or more runs. A bet on the Nationals would pay off if they won the game or lost by a single run.

Example: 

Team Odds
Texas Rangers -1.5 +120
Washington Nationals +1.5 -140

Total Runs

This is a prediction on the total runs that both teams will combine for during a game. The sportsbooks will set a total runs line, such as 8.5, and you simply bet on “over” or “under.”

There is normally a main total runs line, along with a variety of alternate runs lines. You can also bet on team total runs lines, and total runs for specific innings or groups of innings.

Example: 

Team Odds
Over 8.5 runs -110
Under 8.5 runs -110

Prop Bets

Proposition bets focus on whether an event will occur during a game. For example, you could bet on both teams to score at least 3 runs, or you could predict that the game will require extra innings.

There are also player props. For instance, you can bet on a player to score a home run or to secure over 2.5 hits or to record a certain number of strikeouts. The best offshore gambling sites offer a wealth of game props and player props, including MLB pitching matchups and odds on metrics like RBIs and stolen bases.

Example: 

Team Odds
Kansas City Royals to have the highest scoring innings -180
Oakland Athletics to have the highest scoring innings +135

Futures Odds

Futures MLB odds do not focus on a single game. They are season-long bets that allow you to speculate on how well a particular team will perform throughout the year. These are the most common options:

World Series Winner

Sportsbooks release odds on the World Series winner before the season starts. It starts with a favorite, and the odds grow longer until you reach the weakest teams at the bottom of the list.

The World Series winner odds change as the season wears on, depending on how well the various teams are playing. You can continue betting on this market until the end of the postseason.

Team Odds
New York Yankees +400
Los Angeles Dodgers +450
Houston Astros +750

Conference and Division Winner

You can also bet on which team will win the AL or the NL. Sportsbooks take bets on the winner of each division too. Additional markets include the division or conference that will yield the World Series winner, or the state that will produce the World Series winner.

Team Odds
New York Mets to win NL East -210
Atlanta Braves to win NL East +195
Philadelphia Phillies to win NL East +1500

Regular Season Wins

This popular futures betting market allows you to bet on the number of regular season wins a team will secure. You simply bet “over” or “under” and wait until the end of the season to see if your bet cashes.

Team Odds
Arizona Diamondbacks to win over 67.5 games -110
Arizona Diamondbacks to win under 67.5 games -110

MLB Playoff Odds

MLB playoff odds allow you to speculate on whether a team will reach the postseason. They are also known as MLB postseason odds.

Team Odds
Tampa Bay Rays to make the playoffs -155
Tampa Bay Rays not to make the playoffs +125

Player Awards

You can bet on which players will win various awards, such as MVP odds, MLB Cy Young Awards and MLB Rookie of the Year odds for each league. Additional markets might allow you to bet the player that will score the most home runs or steal the most bases during the season.

Team Odds
Paul Goldschmidt to win the NL MVP award +150
Manny Machado to win the NL MVP award +450
Pete Alonso to win the NL MVP award +450

Parlay Odds

A parlay allows you to combine multiple MLB picks into a single wager. For example, let’s say you like three bets:

  • Boston Red Sox to beat Cleveland Guardians at -105
  • Arizona Diamondbacks to beat Detroit Tigers at -118
  • San Francisco Giants to beat Cincinnati Reds at -148

If you had $30, you could bet $10 on each of those MLB teams to win their games. If all three were to win, you would receive a $24.75 profit.

However, if you rolled them into a $30 three-team parlay and all three teams won, you would receive a $151.32 profit. That is because the profit on each successful prediction carries over to the next, compounding within the MLB parlay.

The only catch is that all three teams must win. If one loses, your bet is busted. There are alternatives, such as round robins, which provide a form of insurance if one team lets you down. Another popular MLB parlay is a Grand Salami.

Live MLB Odds

You will be able to bet on MLB games after they have started at leading sportsbooks. They rapidly update their odds on MLB games as the action unfolds, reflecting developments on the field.

For example, you might find pre-game odds of -200 on the Braves to beat the Cubs. However, if the Braves find themselves trailing by 2 runs at the bottom of the sixth, you might find MLB live odds of +110 on them winning the game.

How to Sign Up and Find the Best MLB Odds

It should take less than two minutes for you to sign up with our top-rated MLB betting site, BetOnline. You can then start browsing odds and place your first MLB bet with ease. Follow these steps:

  1. Click here to visit the BetOnline homepage and then click on the lime green “Join” button.
  2. Provide basic contact details, including your name and date of birth. Click the “Create Account” button at the bottom of the form.
  3. Select the green “Cashier” option on the main menu section. Choose a deposit amount and a payment method, such as Bitcoin, Visa, MasterCard or a bank transfer.
  4. Enter INSIDERS as your promo code in the box provided to claim a large deposit match bonus.
  5. Confirm the transaction and your funds, along with the bonus credits, will appear in you account.
  6. Click the “Sports” icon on the dropdown menu.
  7. Select “Baseball” from the list of sports on the menu and then choose “MLB” to see a list of games to bet on or “MLB Futures” or “MLB Player Futures” to browse long-term betting options.

Past MLB Champions’ Odds

The 2020 LA Dodgers had the shortest preseason MLB odds of any World Series winner over the past decade. The 2015 Kansas City Royals had the longest odds.

Season Champion Preseason Odds Losing Team Series Score
2021 Atlanta Braves +1000 Houston Astros 4-2
2020 Los Angeles Dodgers +385 Tampa Bay Rays 4-2
2019 Washington Nationals +1600 Houston Astros 4-3
2018 Boston Red Sox +1150 Los Angeles Dodgers 4-1
2017 Houston Astros +1175 Los Angeles Dodgers 4-3
2016 Chicago Cubs +660 Cleveland Indians 4-3
2015 Kansas City Royals +3300 New York Mets 4-1
2014 San Francisco Giants +2500 Kansas City Royals 4-3
2013 Boston Red Sox +2800 St. Louis Cardinals 4-2
2012 San Francisco Giants +2000 Detroit Tigers 4-0

The Best Sportsbooks for MLB Odds

Our reviewers have assessed every sportsbook offering MLB odds in exhaustive detail. They ultimately decided that these are the best MLB betting sites in the business right now:

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    MLB Odds FAQs

    Who is favorite to win the World Series?

    What does -200 odds mean in MLB?

    How are MLB odds determined?

    Which sportsbooks offer the best MLB odds?

    What does +1.5 mean in baseball betting?