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MLB Betting Guide 2024

Online Gambling’s live odds and guides will help beginner and experienced bettors alike pad their bankrolls as they bet on the 2024 MLB season. From game line wagering to betting on who will win the World Series, there is no shortage of options for sports bettors who love “America’s National Pastime”.

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Baseball Betting Guide

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MLB Season Schedule

See the full MLB schedule from April 7th through to the World Series.

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Page  created  19 Apr, 2022
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Who is Daniel Coyle?

Daniel Coyle is a sports writer based in Montreal, Canada. Daniel has written about sports and sports betting for over 25 years. His work features in an array of print and online media, including Sports Illustrated, Bleacher Report,,, Montreal Gazette, and The Globe & Mail.

How to Bet on MLB Games

When it’s time to “play ball”, Online Gambling will be on hand with the latest game betting lines, live betting, and futures odds, backed by a steady stream of reliable live data. Learn more about the most popular ways to bet on baseball right here with our MLB betting guide.

Moneyline bets

Moneyline betting enables you to wager on which team will win the game. Pick the team you think will win, lay your wager, and enjoy the action. It’s as simple as that. Here’s how moneyline betting, using American odds, works:



In the above example, the New York Yankees are listed as -150 favorites. That means sports bettors loyal to the Bronx Bombers must place a $150 bet to win $100. Alternatively, a successful $100 bet on the Blue Jays will result in winnings of $120. Use our betting odds calculator to check your potential winnings before laying your wager.

Spread/Run Line

Just like the point spread in NBA and NFL betting, the run line enables you to bet on the margin of victory in an MLB game. However, due to the relative low-scoring nature of baseball, the run line is typically set at 1.5. Payouts are determined by moneyline odds attached to the run line. Here’s how it works:

NEW YORK YANKEES -1.5 (+160)


If you think the Yankees can win this game by more than one run, you can bet $100 to win $160. And if you fancy the Blue Jays to stay within one run of New York, you will need to bet $140 to win $100.

Prop bets

You can take your baseball betting action beyond the final score by making the most of MLB prop bets. These enable you to wager on aspects of an individual game apart from the final score. Player prop bets cover the performance of an individual player. Team or game prop bets focus on the performance of one or both of the teams involved in a game. Here’s how it works:

Vladimir Guerrero Jr. home run total: OVER/UNDER 1.5 (+250)

Margin of victory: Yankees win by 3 or 4 runs (+400)

In the above examples, you can bet on Blue Jays slugger Vladimir Guerrero Jr. to have a big day at the plate, and if he hits more than 1.5 home runs, your $100 bet will generate winnings of $250. The team prop focuses on margin of victory. But, unlike the run line, New York must win by either 3 or 4 runs for your $100 bet to pay out a tidy $400.

Over/Under bets

Over/under betting, also known as totals betting, enables you to wager on how many total runs will be scored by both teams in a game. Here’s how it works:



In the example above, the OVER/UNDER or total is set at 9.5. That means if you think that these two teams will combine to score more than 9.5 runs, you will bet on the OVER. If you think the game will be low scoring, you will take the UNDER. Like the run line, payouts are determined by moneyline odds attached to the total. That means it will take a $115 bet on the OVER to generate $100 in winnings, while it will take a $105 bet to net $100 for sports bettors taking the UNDER.


MLB betting action is not limited to just one game. In fact, the wagering starts long before the season begins, with MLB futures betting. Simply put, futures betting enables you to wager on the success of a specific player or team over the course of the season. Want to bet on what team will win the World Series, or who will take home MVP honors? Here’s how it works:

Odds to win 2022 World Series




In the example above, the Dodgers are listed as +500 favorites to win the World Series, which means a successful $100 bet will win you $500. Of course, futures odds are constantly changing based on team or player performance. This means there is often plenty of opportunity to find value further down the odds long before the first pitch of the season is tossed.

Parlay bets

Parlay betting allows you to add a layer of complexity and excitement to your MLB betting strategy by combining multiple bets into a single ticket, which pays out with enhanced odds. Of course, there is a catch. Each of the bets included in your parlay must win for the parlay to be considered a winner. Depending on the sportsbooks, you can combine as many as 10 or more bets into a single parlay, but for the sake of this example, we’ll keep it simple.


OVER 9.5 -115


The above example illustrates a two-bet parlay, with both bets placed on our hypothetical Yankees @ Blue Jays game. If the Yankees win and the total goes OVER 9.5 runs, this parlay is a winner, with a $100 wager returning winnings of $212. Parlays can also include bets from different games, or even different sports, allowing you to combine bets on that Saturday afternoon baseball game and on Monday Night Football. Consider utilizing expert picks for more complex parlay bets to increase the chances of your wagers being successful.

MLB Schedule, Scores, & Standings

You need to keep tabs on what teams are playing today to help plan your betting strategy. Look no further than Online Gambling’s MLB Season Schedule to stay in the loop. Our MLB Scores and Standings will give you another easy-to-read snapshot of past and upcoming baseball action to maximize your knowledge and ensure you make smart bets.


Is it legal to bet on MLB online?

Recent changes in legislation have opened the door for legalized sports betting across America. Ahead of the 2022 MLB season, over 30 US states have taken steps to legalize sports betting, with many more expected to join the list in the months ahead. Check out our US Gambling Laws Guide for the latest information on your state.

How does MLB betting work?

Sports bettors can get in on every aspect of America’s favorite pastime with MLB betting. From wagering on who will win this afternoon’s game, to who will win the World Series, or be named MVP, there are betting options available for both new sports bettors and experienced sharps.

Where to bet on MLB games?

With the current rapid expansion of legal sports betting, and so many new sportsbooks opening for business, it is tough for even the most experienced sports bettor to keep track. That’s why Online Gambling offers you the best MLB odds from the most trusted sites in the industry.

How to win when betting on MLB?

It’s important to do your homework before diving into MLB betting. That means taking advantage of expert picks and live data available at Online Gambling. Of course, it is also very important to develop a prudent betting strategy that is focused more on what you know than what your gut tells you.

How to bet on MLB games this week?

It is always wise to look at the MLB schedule in advance before placing your bets. Important factors to consider include who the starting pitchers are expected to be, whether your team of choice are playing at home or on the road, as well as key player injuries. Remember, just a single pitching change or injury can make a big difference on the MLB odds.

Who to bet on in MLB today?

In addition to starting pitchers, weather can also play a big role in how you make today’s MLB betting decisions. Rain and cold conditions can impact a team’s performance, as well as whether either of the teams is hitting the diamond after a lengthy road trip or a long plane ride.

What is the moneyline in MLB betting?

Moneyline betting is the simplest and most popular form of wagering. It enables you to bet on which team you think will win today’s game. The moneyline payout is determined by odds. That means you will have to place a bet of more than $100 to win $100 when betting on the favorites, while smaller stakes produce bigger payouts when betting on the underdog.

How to bet on MLB parlays?

Parlays enable you to combine multiple bets into a single ticket, with enhanced odds promising a bigger payout for winning wagers. You can combine a moneyline bet with a totals bet from the same game in a parlay. Alternatively, you can combine bets from different games, or even from different sports. And since parlays can include 10 or more bets, they are ideal for sports bettors looking to add some excitement to their betting strategy.