When you decide you’re going to dive in head first and bet on Major League Baseball, if you are not experienced, there are some things to learn. The first order of business is to identify the best MLB betting sites.
There are many online sportsbooks on the web in 2020, and the differences can be profound. It’s important that you stick with the sites that are safe, reputable, and trustworthy, as well as right for your own personal requirements and preferences.
With this in mind, our team of expert researchers has put all of the online bookmakers under the microscope in an effort to rate the various MLB betting sites online today and rank them accordingly. We have determined that the sites listed below are the cream of the crop.
You can go forward with total confidence if you make a deposit and wager at any of these sports gambling websites. They are the best options for betting on MLB online at the moment.
Below, we explain exactly how we go about compiling our list of recommendations. We’ve also included some information on the benefits of using the internet to place your MLB wagers and details of the various MLB betting markets available online.
Ranking the Top MLB Betting Websites
When you see the list above, you may wonder why we have isolated these particular online sportsbooks for Major League Baseball betting. Allow us to explain.
We utilize a tried-and-true analytic checklist to conduct comparisons, and we rate the sites based on a wide range of criteria. Certain factors are especially important when it comes to ranking the best MLB betting sites, so let’s go over those in a bit of detail.
Longevity, Licensing, and Reputation
Some telltale signs of competence are consistent across all different industries, and longevity is one of them. When a sports betting website has been able to withstand the test of time, they must be doing something right. We definitely consider the history of the sites that we evaluate for our readers.
All of the operators that make our list of the recommended MLB betting sites have been around for a while, and they are on solid footing. You can rest assured that these online bookmakers will be up and running when you decide that you want to withdraw your winnings.
If you explore our website in some detail, you will find that we have examined the gambling laws and licensing requirements in countries all over the world. When a sports betting site is licensed in a jurisdiction that has stringent oversight, they must adhere to certain standards that ensure player safety.
This is another factor that we weigh heavily when we are compiling our rankings. It’s not the only measure of a reputable site, because some online sportsbooks police themselves effectively. However, there is an added level of legitimacy when a site has a license that is not easy to obtain.
The third prong is that of reputation. We have been embedded in the internet-based sports betting industry for years, and we are in contact with a vast network of serious gaming insiders.
Word spreads about truly reliable websites, as well as those that should be avoided. In addition to our direct contacts, we also frequent respected forums. As a result, we always have a finger on the pulse of the ever-evolving online sports betting landscape.
It can be disconcerting to deposit money into an account at an MLB betting site with no knowledge of the level of customer service you can expect to receive. This is fully understandable, and the equation is complicated by the fact that some sites cater to players from multiple different countries.
If you have a question at any time, you need a prompt answer. This is something we have carefully evaluated during our vetting process. All of the Major League Baseball wagering sites that we recommend offer top-notch customer service, so you can rest assured that any issue you have will be resolved promptly.
Deposit and Withdrawal Methods
In an effort to put together our list of the top-rated MLB betting sites, we took a long, hard look at the deposit and withdrawal methods offered by the competing sportsbooks. The more freedom of choice you have, the better, and this is something that we take into consideration.
All of the websites that have made our list make it easy for players to deposit funds in several different ways. Withdrawals can also be facilitated simply, quickly, and efficiently at these preferred sites.
MLB Betting Options
We carefully measured the specific focus that all the respective sites have on the sport of Major League Baseball. The online sportsbooks that have made our list of the top MLB betting sites emphasize this particular sport.
They offer all of the standard wagers along with some more exotic possibilities. We will look at the betting options in detail in a dedicated section of this page.
Intuitive Navigation and Mobile Adaptability
Another element that we assessed was the usability factor. A good sports betting website should be very intuitive to utilize, and the interface should be appealing to your sensibilities. Mobile adaptability is important as well because many people place their wagers when they are on the go.
If you visit any of the sites that we stand behind, you’ll see that they are user-friendly and responsively designed to satisfy the needs of mobile users.
Bonuses and Promotions
These websites regularly offer sign-up bonuses, and there can be promotions to take advantage of as well. They vary site to site, so it’s a good idea to compare them when deciding on the MLB betting site that you would like to frequent.
Along these lines, there is another possibility to consider. You could potentially open up accounts at multiple different online sportsbooks to receive more than one bonus.
The Benefits of Online MLB Betting
There are brick-and-mortar betting shops in countries around the world, including the United States, albeit in limited numbers. This being stated, you can gain significant advantages if you choose to make your MLB bets online.
Clearly, convenience is at the top of the list. It’s simple to use our list to compare the different internet-based sportsbooks to find the best features and value. Another benefit is the ability to keep close tabs on where you stand with regard to your wins and losses.
Maintaining your discipline is easier when you can access a balance sheet of sorts at any time. When you make a habit of betting online, all the research tools available on the internet are at your fingertips. This enables you to make fully informed wagers.
You can place your bets wherever you may be through a mobile application, and this freedom can extend beyond the boundaries of your home country in some cases. This can be a very appealing feature if you travel internationally with any degree of frequency.
Of course, the bonuses and promotions we mentioned are a definite benefit. They’re not exactly “free money” because they come with associated terms and conditions. But they still represent a great way to get some extra value from your MLB wagering.
Online Sports Gambling Laws
Internet-based sportsbooks are legal in most countries around the world. When there is no legal impediment, making deposits and taking withdrawals from your online betting account is simple.
The United States may be the “home of the free,” but when it comes to gambling online, it’s less free than most of the other countries in the world.
It’s not technically illegal to gamble online in America, but companies are not allowed to accept payments connected to gambling activities. This is elucidated in the Unlawful Internet Gambling Enforcement Act (UIGEA).
In spite of this, some of the best MLB betting sites do accept players from the US, and they offer deposit and withdrawal methods that do not cross any legal lines. This is not an absolute necessity, but Bitcoin is a very good option for Americans that want to wager on baseball and other sports over the internet.
The UIGEA’s existence is the bad news, but there is also some good news to report on the legal front. Sports gambling, at brick-and-mortar facilities and online, was traditionally illegal in the United States under the terms of the Professional and Amateur Sports Protection Act (PASPA).
PASPA became the law of the land in 1992, and it was championed by then-Senator Bill Bradley.
There had been a wave of sports betting scandals during the 1980s, and this legislative measure was put into place to make sports wagering an illegal activity on the federal level.
Until 2010, the federal sports gaming prohibition was unchallenged, but during that year, voters in the state of New Jersey passed a referendum to make sports betting legal. A couple of years later, a law was put on the books that officially legalized and regulated licensed bookmakers in the Garden State.
Unfortunately, a legal roadblock was put in the way by the NCAA, Major League Baseball, the NFL, the National Basketball Association, and the NHL. They contended that the state of New Jersey did not have the right to act in violation of the Professional and Amateur Sports Protection Act.
In lower courts, the leagues prevailed, but late in 2017, the United States Supreme Court agreed to render the final decision. In May of 2018, by a vote of 6-3, the Justices ruled that the prohibition on sports gambling was unconstitutional.
This opened the door for individual states to offer legalized sports gaming if they choose to do so. Several of them acted quickly to open legal sportsbooks, and more and more are expected to follow suit over the coming years.
Though there is no federal impediment, it would appear as though many states will never legalize sports gambling. Plus, some of the states that have given brick-and-mortar sportsbooks the green light do not allow online sports wagering.
At the end of the day, this change only impacts a small percentage of people in America that enjoy internet-based sports gaming. For most punters in the United States, the best options for safe, legal online sports betting are offshore sportsbooks. When we’re ranking the best MLB betting sites to recommend to our American readers, they invariably come out on top.
Types of Wagers at MLB Betting Sites
The online sports betting websites that we recommend for Major League Baseball betting offer all of the wagering variations that you would find at a traditional bookmaker. In fact, they sometimes post lines on propositions that are not available at many brick-and-mortar locations.
Here’s a quick look at the main wagering options you’ll find available at the MLB betting sites we recommend.
Bookmakers place a moneyline on Major League Baseball games, and it is calculated based on the probable outcome. If you want to bet on the favorite, you get a negative value, and there is a positive return if you place a winning bet on the underdog.
The sportsbook needs to make a profit, and they do this by imposing a straddle. Let’s say that the Phillies are -160 home favorites over the Braves today. This means you would have to bet $160 to win $100.
A twenty-cent straddle is widely utilized at MLB betting sites, so the Braves would be +140. You would take home a profit of $140 for a $100 wager if Atlanta upsets Philadelphia.
That twenty cents in the middle goes into the coffers of the sportsbook if they take equal action on both sides, and that is their objective. This straddle margin can get bigger if there is a very heavy favorite.
We should point out that the twenty-cent standard moneyline is not etched in stone. Back in the day, dime lines were the norm. So getting back to our model, the Braves would be +150 if the Phils were -160 at a book that offers a dime line on MLB wagering.
A lower straddle is more advantageous to the bettor, and it will definitely add up over the course of the season. You may want to shop around at the MLB betting sites to see if you can find a dime line or perhaps a fifteen-cent straddle.
Another type of wager offered on Major League Baseball games is the run line bet. This is akin to the point spreads that are commonly used in American football and basketball. However, baseball games are often relatively close, so the spread is very limited.
The favorite is going to be -1.5 runs, and the underdog will be +1.5 runs. In a game like our Phillies vs. Braves matchup, the favored Philadelphia club at home might be -1.5 (-105), with the Braves at +1.5 (-125).
Run line betting can be appealing if you want a better return on the favorite, and the cushion with the dog can be enticing.
Internet bookmakers post lines on total runs scored for each game on the schedule. You can bet the over or the under, and each possible bet would typically carry odds of -110.
As they say, sometimes life isn’t fair, and this can apply to Major League Baseball total wagering. The term “bad beat” is used to describe these situations.
Suppose you bet the under on a game with a total set at nine. The score is tied at three after nine, but you still have to sweat out the extra innings. For betting purposes, it’s not over after the regulation nine frames.
If the game ends with a score of 6-4 after 13 innings, you lose. On the other side of the bad beat coin, even if a game is shortened by rain, the action counts if it is deemed official. This can be a downer if you bet the over and the game is called early, but that’s the way it goes.
First Five Inning Wagers
All the bets that we have looked at to this point are based on the outcome of the entire game. But MLB betting websites also offer wagering on the outcome of the first five innings of games.
The same types of wagers are available: moneyline, totals, and run line (with a .5 run spread).
Real-time in-game wagering is a relatively new phenomenon, but it has become extremely popular. The best MLB betting sites will post propositions on an ongoing basis throughout a given game.
You can bet on the outcome of a particular at-bat or the number of runs a team will have after the current half-inning. This interactive option can keep you in action throughout the game even if your initial wager doesn’t look good.
MLB Parlay Bets
A parlay wager is a bet that encompasses two or more sides and totals. You can parlay the moneyline or the run line and the total of the same game, but you can’t combine the run line and moneyline.
The exact maximum limit of the number of betting interests you can include on one parlay will vary depending on the site in question. It’s not uncommon to see it capped at 10 or 12 sides and/or totals.
Calculating the potential payout for a parlay with multiple betting interests with different moneylines is complicated on your own. When you’re making this type of wager at one of the online bookmakers, the betting interface will provide you with an accurate prospective payout amount.
Major League Baseball Futures
Futures betting is readily available at the best MLB betting sites. Odds are placed on all the teams to win the World Series, each league championship, and every respective division title. They are updated constantly as the season progresses, and they are even changed prior to the season.
One thing to understand about odds on futures, and other types of bets for that matter, is the fact that bookmakers respond to the actions of the bettors. The initial line will be based on the projected probability of each team’s success based on their personnel and recent past performances.
That is where the bookmakers’ prognostications come to an end. Subsequently, the odds will be adjusted based on the amount of money wagered on each team.
If a betting site takes a lot of action on a team that opened at +5000 to win the World Series, the book will invariably lower the odds. It doesn’t matter if the team doesn’t look good on paper; if it’s taking money for whatever reason, the cash will move the odds.
The books are in the business of facilitating gambling; they do not want to take any gambles themselves. Their objective is to get balanced action so that they’re not exposed to losses on any particular outcome. If they lower the odds on this team that’s taking money to +2500, it will dissuade others from betting on them.
This applies to teams that are among the favorites as well. You might think the Yankees are the best team in baseball, and you and a lot of others may pound them when they open at +700. But when they lower the odds to +300, are you as anxious to bet them considering all that can go wrong?
Another type of futures wagering offered at the MLB sports betting websites is the over/under on the number of wins each team will register over the course of the season.
You can also place bets on certain players to take home individual accolades, like the Most Valuable Player and Cy Young Award winners for each league.
All of these bets are a lot of fun, and they can be profitable if your crystal ball is in good working order. The odds change constantly as people place bets based on what they are seeing on the playing field.
Our experts are up-to-date on the current state of the Major League Baseball futures at any given time. We consistently update pages that are dedicated to MLB futures odds, and other betting markets, too. Check out the following page to find out more.
The odds that we have been looking at are considered “American odds.” In much of Europe, Australia, Canada, and Asia, fractional odds and decimal odds are utilized instead.
If you have ever bet on horse racing, you have worked with fractional odds. When a horse is going off at 3-1, you would win three units for every one unit that you bet.
In other words, if you wager $100 to win on a 3-1 shot that crosses the wire first, you would take home a $300 profit. This method can be applied to baseball betting.
Decimal odds are utilized outside of the United States as well, and this is a very straightforward approach. The line tells you the exact amount that you will be paid if you pick the winner. You just multiply the decimal by the betting amount.
So if you bet $100 on a team with decimal odds of 2.0, you would collect $200.
We have provided a basic explanation here so that you understand the principles behind decimal odds and fractional odds, but you don’t have to do the math yourself. The best MLB betting sites give you the ability to convert the odds that you see to your preferred method.
This option will be there when you need it, but since you’re on this website, you don’t have to go anywhere to get an odds conversion quickly and simply. We have created a tool that you can use to see the odds in all three forms, and there is also an implied probability function.
You can click the button below to access the converter, and there is some additional information there about the types of odds that you will see at the online bookmakers.
We’ve passed along a great deal of detailed information on this page. As we stated, when you embrace MLB betting as an ongoing research project that can be profitable, you can spend your free time online constructively.
The activity is perfectly legal, and we have done the research for you with regard to the identification of truly reliable, trustworthy MLB betting sites. You can deposit with no worries as long as you stick to our highly rated online sportsbooks, and you can withdraw your winnings quickly and efficiently.