At Betway, we offer our members the best in baseball action, covering both Major League Baseball (MLB) and National Collegiate Athletic Association (NCAA Division I) college baseball as well as the popular World Baseball Classic. Betway enables you to wager on your favorite baseball teams and the top-performing teams at the college and professional level. We have the entire baseball season covered.
Enjoy online sports betting with an extended list of MLB odds, college baseball odds, and World Baseball Classic odds available! If it is happening in baseball, then we have you covered! Our baseball betting odds are second to none and always updated so that you can wager anytime during the season!
Our easy-to-use platform lets baseball fans place bets on baseball odds simply. We provide exclusive offers and daily boosted odds for a wide range of betting markets, including the MLB preseason, MLB regular season, MLB playoffs, World Series, college baseball, and baseball futures that cater to both experts and beginners.
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Here we will provide you with some insight as to how it all works and the various types of bets available.
Betting on baseball isn’t rocket science. Here we’ll teach you the keys to understanding baseball odds. To explain baseball odds, we’ll break down many different types of bets – providing examples for each. You’ll find baseball odds explained in a way that makes them as easy to understand as possible.
Reading Major League Baseball odds is not unlike reading football odds. As with football, there are still spreads, moneylines, and over/under wagers available, and baseball lines are fairly straightforward.
How does the moneyline work in baseball? As is the case in football and basketball, a moneyline bet is a wager on the outcome of the game. The favorite will have “negative” odds, and the underdog will have odds starting with a “+.”
Here’s an example of a baseball moneyline bet:
The Philadelphia Phillies (home team) are favored to beat the Colorado Rockies (road). If the Phillies have moneyline odds of -180 and the Rockies have odds of +220, then:
A $180 moneyline bet on the Phillies returns $100.
A $100 moneyline bet on the Rockies returns $220.
Remember: moneyline baseball bets are strictly wagers on who will win the game, regardless of the final score.
Baseball spread betting is another way to bet on America’s pastime. Major League Baseball point spreads are not quite as large as NFL or NBA spreads, because the final scores of baseball games aren’t quite as lopsided.
Here is an example of baseball spread betting:
The Philadelphia Phillies (home team) are -1.5 home favorites against the visiting Rockies. In this situation:
A spread bet on the Phillies means the bettor needs the Phillies to win by at least two runs for the bet to cash.
A spread bet on the Rockies means the bettor needs the Rockies to either win the game or lose by only one run.
The Betway Insider blog offers baseball picks against the spread and MLB ATS betting odds during the regular season (which typically starts in late March).
How does the over/under work in baseball? Just like in football and basketball, over/under baseball bets are wagers on the cumulative score posted by the game’s two teams.
Here’s an example:
The Phillies vs. Rockies over/under is set at 8.5 total runs.
For the over bet to win, the combined score of the two teams must be at least nine runs. If eight runs or fewer are scored, then the bet won’t cash.
Over/under bets in baseball are a fun way to stay involved in the action throughout a game.
Baseball live betting and college baseball live betting are fun ways to stay involved in the action once the game has already started. The strategy for live betting is different from other betting done before the game.
Here’s an example:
The Phillies start a game as -180 moneyline favorites against the Rockies but already trail 4-0 in the third inning. As a result, the Phillies’ moneyline has moved to +200.
Placing a live bet on the Phillies is riskier at this point, but there are still six innings to go, and that risk offers a far bigger cash payout than any moneyline bet on the Phillies placed before the game.
Betway offers baseball betting live all season. Click here for live betting.
What is a baseball player prop or an MLB player prop? A baseball player prop bet is a bet on a specific player to achieve something during the course of a game. Player prop bets are some of the most popular MLB prop bets.
Here’s a player-prop example:
The Phillies’ star outfielder Bryce Harper has +350 odds to hit a home run against the Rockies.
A player prop would involve a bet on Harper to hit a home run (+350). It’s far from guaranteed that he will hit that homer, but the risk/reward is tempting.
What is a baseball parlay? A baseball parlay has multiple legs, meaning bettors need MULTIPLE outcomes to all hit in order for the bet to cash. While parlays are riskier, the payout is far greater.
Here’s an example of baseball parlay betting:
The Phillies are -180 home favorites to beat the Rockies.
The Cleveland Guardians are -130 home favorites to beat the Cincinnati Reds.
A bettor places a parlay wager on both the Phillies and Guardians to win. The payout would be far greater than either -180 or -130, but both the Phillies and Guardians would have to win for the bet to cash.
MLB same-game parlays and college baseball same-game parlays are fun ways to track multiple bets within the same event. SGP’s involve a minimum two bets being placed for the same game.
Here’s an example:
The Phillies are -180 home favorites against the Rockies.
Phillies outfielder Bryce Harper has +350 odds to hit a home run.
A bettor places a same-game parlay on the Phillies to win and Harper to hit a home run. That increases the payout if both legs hit!
Keep reading to learn more about baseball betting lines and popular baseball bets so you can bet on baseball games today.
MLB odds and MLB betting lines will be available on the Betway Sportsbook for the entire MLB 2024 season. Remember: there are more types of baseball odds than you think! Moneylines, over/unders, spread betting, and parlays all exist for MLB betting.
College baseball odds and NCAA baseball odds will be available on the Betway Sportsbook for the entire college baseball 2024 season. How does the college season work? At the end of the year, there is an NCAA baseball tournament, which features some of the very best of the NCAA baseball top 25 competing in the NCAA Baseball World Series, which is also known as the College World Series.
Check out Betway to see lines such as LSU baseball odds today. LSU stud pitcher Paul Skenes was the o. 1 overall pick in the 2023 MLB draft by the Pittsburgh Pirates and looks destined for stardom in the majors as soon as 2024.
Wondering about the most popular baseball events for wagering? We have listed some below that are available on the Betway Sportsbook, including everything from Opening Day to MLB All-Star Game betting odds. While there are FanDuel baseball odds and DraftKings baseball odds out there as well, Betway is the best place to bet on baseball.
Preseason baseball -- also known as spring training baseball -- betting is a great way to start your baseball betting early. MLB preseason odds for the baseball season 2024 will be available soon! Remember that during spring training, many MLB teams do not often play their regulars and instead choose to give younger players a chance to prove themselves. Stay tuned to the Betway Insider blog to stay up to date when it comes to players making a name for themselves during the preseason.
The World Baseball Classic is held every four years, so World Baseball Classic odds and World Classic odds won’t be available until sometime prior to the next event in 2026. Who will have the best odds to win the World Baseball Classic by then? What would the hypothetical Japan vs. Mexico odds be?
Stay tuned to the baseball world to find out.
The 2024 MLB season offers plenty of opportunities to bet on regular-season games. The Betway Insider blog offers tips for baseball odds this week and MLB games today, such as the Fox Saturday baseball games or the game of the week on ESPN’s “Baseball Tonight.”
Betway offers a variety of key baseball playoff odds, including MLB playoff odds, MLB postseason odds, MLB wild card odds, American League Championship Series odds, National League Championship Series odds, and World Series odds.
What are some of the juiciest lines for MLB playoff games? Potentially that might be the ALCS odds and NLCS odds, since the two best teams from each league square off for supremacy in those series.
The College Baseball Playoffs won’t take place until the spring of 2024, but that doesn’t mean it’s a bad time to start thinking about the odds to make the college Vaseball playoffs. Betway offers College baseball playoff odds today, helping bettors stay geared up year-long for college baseball playoff games.
How to bet on the World Series winner? Go to the Betway Sportsbook, where you’ll find odds to win the World Series and other World Series odds. The World Series is the premier baseball event, so you don’t want to miss out on wagering on it.
LSU won the championship of the CWS 2023, and the Tigers are among the favorites via odds to win the College World Series 2024. College World Series lines for 2024 won’t be available for awhile, but other CWS odds are! Keep an eye on Betway to follow all wagering opportunities related to the NCAA baseball championship.
Curious about who had the best odds to win the American League, odds to win the National League, or best World Series odds? Betway offers MLB futures, baseball futures, and college baseball futures bets before the 2024 season even starts.
A popular baseball futures bet is a wager on the MLB Awards 2024. Tune in to the Betway Sportsbook for the best baseball betting online to see MLB awards odds today. Betway truly is one of the best baseball betting sites.
Curious about the MLB MVP race already? Are you already waiting for the next set of AL MVP odds and NL MVP odds? Do you have your own opinions as to who will be the two MLB MVPs of 2024?
Stay tuned to Betway to track the baseball MVP odds and the Betway Insider blog for predictions on who will be the 2024 MVP of baseball!
MLB ROY odds 2024 are already out, and contenders such as Pirates pitcher Paul Skenes and Rangers outfielder Evan White are near the top of the list. Follow MLB Rookie of the Year odds at Betway throughout the offseason and watch how the MLB ROY odds change every month!
The 2023 Cy Young Awards were recently announced, and they were won handily by San Diego Padres pitcher Blake Snell in the National League and New York Yankees pitcher Gerrit Cole in the American League. Those two are already among the favorites to win the award in 2024, according to Betway’s 2024 AL Cy Young odds and NL Cy Young odds.
In addition to our comprehensive baseball betting odds, Betway Sportsbook is a global sportsbook for betting on all sports in the United States, Canada, South America, Europe, and around the world.
Betting odds for the most popular sports include:
The MLB season starts in late March of 2024.
Baseball odds are determined by Betway’s bookmakers based on a combination of factors, including team performance, player injuries, and public betting trends.
A moneyline bet in baseball is strictly a bet on the winner of the game and has nothing to do with any spread or over/under.
A parlay bet in baseball means the bet has multiple legs that all need to hit for the bet to win.
A number such as -1 in baseball betting refers to the spread of the game. If the Phillies are -1 favorites and win by one run, the bet is a push. However, if the Phillies win by at least two runs, a bettor who wagered on them would win a spread bet.
Over/under in baseball betting is a bet on the combined total runs by both teams in a given game. A bet on the over is a bet on the two teams exceeding the given O/U.
Top teams for the 2024 MLB season are expected to include the Los Angeles Dodgers, Houston Astros, Philadelphia Phillies, and Tampa Bay Rays.
The best teams in the 2024 college baseball season will likely be LSU, Tennessee, and Texas.
You can find baseball picks and predictions, as well as baseball interviews and news on Betway Insider, where you will also find including Betway Promotions. Please note that our team of sports-betting experts operates separately from our sportsbook oddsmakers and their work is intended for informational purposes.