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MLB Odds

Calling all Baseball fans and MLB Betting enthusiasts! Join us as we dive into the rich history of Major League Baseball and explore all the many attractive MLB betting lines options that Skybook has to offer.
From their Civil War roots, where soldiers played a game invented in New York in the 1860s, to the 21st-century modern and expansive sport that has grown to be known as "America's Pastime," we'll explore what makes Major League Baseball so beloved. 
At Skybook, we're not just another betting platform – we're your ultimate destination for all your Sports betting and beyond. We're not just here to offer you MLB odds. We are committed to walking alongside you on every step of your betting journey, helping you maximize your experience and bet smarter. That's why we've meticulously crafted this MLB betting guide, hoping to help you achieve the level of understanding you need to succeed.
Start by joining Skybook to get the biggest bonuses on the market.

What is MLB Baseball?

The MLB, Major League Baseball, is the top professional baseball league in North America. Its origins date back to 1876, making it one of the oldest professional leagues and the most important in the world.
MLB Major League Baseball is organized into two leagues, the NL National League, founded in 1876, and the AL American League, founded in 1903, acting as separate conferences. They are comprised of 30 teams, 29 from the United States of America and one from Canada. Each league is equally divided into 15 teams. Subsequently, the leagues are organized into three regional divisions of five teams each. 

MLB Teams

AL American League

AL East Division

  • Baltimore Orioles
  • Boston Red Sox
  • New York Yankees
  • Tampa Bay Rays
  • Toronto Blue Jays

AL Central Division

  • Chicago White Sox
  • Cleveland Guardians
  • Detroit Tigers
  • Kansas City Royals
  • Minnesota Twins

AL West Division

  • Houston Astros
  • Los Angeles Angels
  • Oakland Athletics
  • Seattle Mariners
  • Texas Rangers

National League

NL East Division

  • Atlanta Braves
  • Miami Marlins
  • New York Mets
  • Philadelphia Phillies
  • Washington Nationals

NL Central Division

  • Chicago Cubs
  • Cincinnati Reds
  • Milwaukee Brewers
  • Pittsburg Pirates
  • St. Louis Cardinals

NL West Division

  • Arizona Diamondbacks
  • Colorado Rockies
  • Los Angeles Dodgers
  • San Diego Padres
  • San Francisco Giants

MLB Format

Every team competes in 162 games during the regular MLB season, from March to October. Six teams from each league advance to a four-round postseason that culminates in the World Series to determine the MLB Champion.
The MLB Baseball regular season includes a short break at the midpoint of the season in July for the MLB All-Star Weekend, also called the "Midsummer Classic." This event is headlined by the MLB All-Star Game, which features top players from the AL American League and NL National League competing against each other. The league-winning coach coaches each side season. The selection of the players is determined through a combination of player and fan voting, and manager selection.

How to Bet on the MLB

Are you ready to step up to the plate and launch your MLB baseball betting game into the stratosphere? Look no further than Skybook, your one-stop shop for putting your knowledge to the test!
This Skybook MLB Odds Guide will provide you with the knowledge you need to improve your chances of winning when placing your bets on the MLB Odds, explaining all the available MLB betting lines, what they mean, and how to apply them. 
Skybook Sportsbook offers the best MLB odds with the most complete MLB baseball betting offering. Enjoy the best MLB betting action, from MLB game odds and MLB Prop Bets, fun contests, and the most generous bonuses every time you deposit or reload your account. Sign-up now!

MLB Run Lines / Point Spreads

MLB Point Spread, or MLB Run Lines, is a margin-of-victory bet that indicates an estimated game result. Since baseball is usually low scoring, the spread or run line will almost always be between 1.5 and 2.5 runs, with adjusted MLB odds run lines based on each team's strength.

Here is an example of an MLB Point Spreads or Run Lines:

Teams and Run Lines

  • New York Yankees -1.5
  • Houston Astros +1.5

In this case, the MLB Run Lines indicate that the New York Yankees are the favorite and the Houston Astros are the underdog. People betting on the Yankees MLB point spreads or run lines expect them to win by a margin over the -1.5 point spread, while those betting on the underdog expect the Astros to lose by less than +1.5 runs to cover the spread. The purpose of the decimal point is to avoid a push on the wager. When betting on the MLB run lines, the game must reach nine innings, or 8.5 innings, if the home team is ahead. For this example, these are the possible outcomes:

· Yankees win by two or more runs: Yankees bettors win.
· Yankees win by precisely one run: Astros Sox bettors win.
· Astros win the game: Astros bettors win

The MLB point spreads or run lines odds are dependent on the starting pitchers, so when betting on the run line, the player must choose to apply one of the following two modes:
Action: The wager is posted regardless of the starting pitcher.

Specified Pitchers: You can specify if the wager is contingent on one or both players starting the game. If there is a pitcher change, the bet is "No Action" and will be refunded.  

MLB Moneylines

MLB Moneylines bets are the most straightforward MLB Odds option in sports betting. You bet on the team that you believe will win the game. The negative number indicates the favorite or team most likely to win, and a positive number indicates the underdog or the least likely to win.
Here is an example of an MLB Moneylines listed in Skybook:

Teams and Moneylines

  • Los Angeles Dodgers -180
  • San Diego Padres +160

Using this example, the Moneylines bet would work as follows:
· Dodgers Moneyline: If you wagered to win $100 by betting on the Los Angeles Dodgers -180, you would need to risk $180 to win $100.
· Padres Moneyline: For every $100 wagered on the San Diego Padres +160, you would receive $160 if they win the game.
MLB Moneylines and MLB point spreads/run lines use the same MLB Vegas Odds information to forecast an estimated relative strength of each team for this particular matchup. The greater the MLB Moneylines numbers indicate a greater favorite or more significant underdog.

MLB Totals or Over/Under Odds

The MLB Totals bet, or MLB Over/Under odds bet, is a wager on the game's combined score, regardless of the winner. You place a bet based on the total number of runs scored and predict if they will be higher or lower than the line forecasted. Betting the over means you predict the score to be above the number, while betting the under indicates that you expect the final score to be less than the estimated runs. The bet can be a push if the final score equals precisely the estimated, in which case all bets will be refunded.

Here is an example of an MLB Totals or MLB Over/Under odds line listed in Skybook:

Boston Red Sox vs. Chicago White Sox
Total: 7 runs
Odds for the Over: -110
Odds for the Under: -110

That means that for every $1.10 risked on either option, you'd win $1.

Using this example, the MLB Totals would result as follows:
· Total combined score of 8 or more runs: Over bettors win.
· Total combined score precisely seven runs: The wager is a push. All bets would be refunded.
· Total combined score of 6 runs or less: Under bettors win

MLB Parlays

MLB Parlays are a type of wager where you combine different MLB Odds bets into one. MLB Parlays are advantageous, as the odds increase considerably by compounding multiple lines. All bets included must win for the whole parlay to pay out.
You can combine up to ten different types of bets, including MLB run lines/point spreads, moneylines, over/under totals, and player props. You can combine favorites and underdogs. All chosen lines must win in a parlay, or the whole bet is a loss. In case of a push, a tie, or a canceled or rained-out game, the line will be removed from the parlay. For example, a push on a four-team parlay automatically makes it a three-team parlay with the remaining qualifying bets.

Skybook will increase your MLB Parlays payout as more individual MLB Odds bets are added. Parlays allow up to ten different single bets, allowing cross-sport bets, where you can combine MLB betting odds with NBA bets, NFL bets, Soccer bets, etc.

For example, we can combine four different MLB betting lines in a 4-team Parlay.

  • Blue Jays Spread vs. Mariners: -1.5 -110
  • Blue Jays vs. Mariners Totals: Under 8 -110
  • Rangers Spread vs. Tigers: -2.5 -110
  • Rangers vs. Tigers Totals: Over 6.5 -110

This 4-team parlay would compound payout odds of +1228, more than 12x times your bet if you wagered on each line separately. By risking $100, you would earn a payout of $1228.64, with these possible outcomes:
· Blue Jays Point Spread covers, Blue Jays over/under total covers, Rangers Point Spread covers, and Rangers over/under total covers: Win $1228.64
· Blue Jays Point Spread covers, Blue Jays over/under total is a push, Rangers Point Spread covers, and Rangers over/under total covers. As the push is canceled, it becomes a 3-team parlay: Win $595.79
· If any of the lines do not cover, the parlay is a Loss: -$100

MLB Prop Bets

MLB Prop Bets are an exciting and compelling way to extend your betting options. An MLB Prop Bet can be a wager on just about anything. They include in-game possibilities like specific player performance, like over/under totals on hits, RBIs, Home Runs, strikeouts by a pitcher, or specific game events, such as "which player will score the first run." Season-long player propositions include accolades like who will be named MVP, Cy Young, Rookie of the Year, or World Series MVP.

You can access any available MLB Odds Prop Bet for every game in the Live Lines Odds section on Skybook.ag. They are a great way to maximize your winnings.

In-game Prop Bets include a wide range of options, like these examples:

  • Aaron Judge (New York Yankees) HR in the Game: Over/Under 0.5
  • Vladimir Guerrero Jr. (Toronto Blue Jays) Hits in the game: Over/Under 1.5
  • Shohei Ohtani (Los Angeles Dodgers) Starting Pitcher total outs: Over/Under 18.5

MLB Futures Odds

Betting on MLB Futures Odds will allow you to predict the winners of various MLB awards and honors, giving you better odds and a higher possibility of success. MLB Odds make it possible to pick a bet on how many games a team will win in the regular season, make or miss the playoff odds, or who will be the winner of a division, league, or even the World Series Title.
Enhance your chances of success with MLB Futures, a type of bet where you can anticipate various season-long MLB accolades. MLB Futures betting allows you to forecast award recipients and season outcomes, such as playoff qualifications, divisional standings, and even championship winners.

The top of all MLB Futures Odds is the World Series Odds to Win. Here is the current ranking for the 2024 World Series:

  • Los Angeles Dodgers +260
  • New York Yankees +500
  • Philadelphia Phillies +700
  • Atlanta Braves +800
  • Baltimore Orioles +1000
  • Seattle Mariners +1600
  • Houston Astros +1700
  • Cleveland Guardians +2400
  • Minnesota Twins +2500
  • Texas Rangers +2500
  • San Diego Padres +3500
  • Milwaukee Brewers +3500
  • Arizona Diamondbacks +5000
  • St. Louis Cardinals +5000
  • Chicago Cubs +5000
  • Kansas City Royals +5000
  • San Francisco Giants +5000
  • Toronto Blue Jays +6000
  • Tampa Bay Rays +8000
  • Detroit Tigers +10000
  • New York Mets +12000
  • Boston Red Sox +12000
  • Cincinnati Reds +15000
  • Pittsburgh Pirates +25000
  • Washington Nationals +50000
  • Los Angeles Angels +50000
  • Oakland Athletics +50000
  • Chicago White Sox +50000
  • Miami Marlins +50000
  • Colorado Rockies +50000

These MLB futures odds are subject to change. As the MLB season progresses, keep an eye on all MLB futures markets with MLB betting odds available at Skybook.

MLB MVP Most Valuable Player Odds

The Most Valuable Player MVP award is given in both the AL American League and NL National League at the end of season. This award goes to the best player in the league based on performance statistics.
The top 10 MLB MVP Odds contenders for each league are:

AL American League

  • Aaron Judge +200
  • Juan Soto +220
  • Gunnar Henderson +600
  • Bobby Witt Jr. +700
  • Kyle Tucker +1000
  • Jose Ramirez +3000
  • Corey Seager +3600
  • Rafael Devers +8000
  • Jose Altuve +8000
  • Adley Rutschman +8000
  • NL National League
  • Mookie Betts +115
  • Shohei Ohtani +450
  • Bryce Harper +700
  • Marcell Ozuna +1200
  • William Contreras +1500
  • Matt Olson +2100
  • Fernando Tatis Jr. +2400
  • Alec Bohm +3500
  • Freddie Freeman +4000
  • Elly De La Cruz +6500

Previous 10 winners of this prestigious honor include:

AL American League

  • 2023 - Shohei Ohtani - Los Angeles Angels
  • 2022 – Aaron Judge – New York Yankees
  • 2021 – Shohei Ohtani – Los Angeles Angels
  • 2020 – Jose Abreu – Chicago White Sox
  • 2019 – Mike Trout – Los Angeles Angels
  • 2018 – Mookie Betts – Boston Red Sox
  • 2017 – Jose Altuve – Houston Astros
  • 2016 – Mike Trout – Los Angeles Angels
  • 2015 – Josh Donaldson – Toronto Blue Jays
  • 2014 – Mike Trout – Los Angeles Angels

NL National League

  • 2023 - Ronald Acuña Jr. - Atlanta Braves
  • 2022 – Paul Goldschmidt – St. Louis Cardinals
  • 2021 – Bryce Harper – Philadelphia Phillies
  • 2020 – Freddie Freeman – Atlanta Braves
  • 2019 – Cody Bellinger – Los Angeles Dodgers
  • 2018 – Christian Yelich – Milwaukee Brewers
  • 2017 – Giancarlo Stanton – Miami Marlins
  • 2016 – Kris Bryant – Chicago Cubs
  • 2015 – Bryce Harper – Washington Nationals
  • 2014 – Clayton Kershaw – Los Angeles Dodgers

MLB Betting at Skybook

Skybook Sportsbook offers the best MLB odds with the most complete MLB baseball betting offering. Enjoy the best MLB betting action, from MLB game odds and MLB Prop Bets, fun contests, and the most generous bonuses every time you deposit or reload your account. Sign-up now