Let's take a look at all of the ways you can get action on MLB baseball.
MLB Single-Game Bet Types
Betting MLB Moneylines
When betting the moneyline, you are betting on the side to win the game, regardless of the final score or margin. A negative moneyline denotes the favored side. A positive moneyline denotes the underdog. You may calculate your potential return before placing a moneyline bet by using the following guidelines:
Favorites: The amount of money you must bet in order to return $100 on a successful bet. Example: Mets -170 means a $170 bet will return $100 if New York wins.
Underdogs: The amount of money you will win if your $100 bet is successful. Example: Rockies +145 means a $100 bet will return $145 if Colorado wins.
Visit BetQL’s MLB Moneylines Dashboard for more information.
Betting MLB Run Lines
In run line bets, a team must cover the listed margin. Negative numbers indicate the favored team. For example, if the spread is listed as Astros -1.5, Houston must win the game by at least 2 runs in order to cover the run line. Conversely, if the line is listed as Rangers +1.5, Texas must lose by one run, or win the game outright, in order to cover the run line.
Visit BetQL’s MLB Run Lines Dashboard for more information.
Total bets are won and lost depending on the total number of runs scored by the two teams combined. An Under bet is successful when the two teams combine to score fewer than the listed number of runs and an Over bet is successful when the two teams combine to score more than the listed number of runs.
Example: Phillies vs. Braves: O/U 10.5
- The Under is successful if the two teams score 10 or fewer combined runs.
- The Over is successful if the two teams score 11 or more combined runs.
- If the O/U is a whole number, the bet is a push if the two teams score exactly that amount.
Visit BetQL’s MLB Totals Dashboard for more information.
Betting 5 Inning Lines
First 5-Inning bets are the MLB equivalent of single half bets offered in other sports. Most commonly, they are offered as Moneyline bets, though you may also see Run Line First 5-Inning bets as well. If the Nationals were leading after 5 innings in the example above and you bet on them, you'd win, regardless of the final outcome.
Visit BetQL’s First 5-Inning Dashboard for more information.
MLB Multiple-Game Bet Types
Using parlays, you can combine individual bets in order to increase your potential return. In order for a parlay bet to be successful, each individual bet must hit. If any single component is unsuccessful, the entire parlay will be graded as a loss. This style of betting appeals to bettors who eye exponentially-larger payouts, but have much lower odds of winning.
A teaser is a type of parlay that has a line that is more favorable to the bettor, at the cost of a lower potential payout when the bet is successful.
Other MLB Bet Types
A futures bet refers to any bet that will be settled in the future.
Examples: team accolades (championship winners, etc), player accolades (MVP, etc) and over/unders (team win totals, player statistics, etc).
A prop, or “proposition”, is a bet made regarding the occurrence or non-occurrence of a given event during a game. Sportsbooks attach moneyline odds to these bets and they can be settled before the game goes final. Some MLB examples include: a player to hit a HR, a pitcher to earn a win or throw over or under 5.5 strikeouts.
Live betting takes place after the game has started and features in-game props and other bet types. This style of betting features the quickest payouts in the industry and puts bettors right in the action.
For the latest MLB parlay, teaser, prop, future and live betting opportunities, visit BetQL’s Exclusive Sportsbook Offers Page.
Want to learn more about BetQL? Check out the resources below:
- Best Bets: Find out how our model’s star ratings can help you make the most informed spread, moneyline and O/U bets.
- Public Data: Find out why it’s always important to know what bets are popular.
- Sharp Data: Find out why knowing who pro bettors are backing is important.
- Web Tutorial: Find out how to use our platform on a web browser.
- Mobile App Tutorial: Find out how to use our mobile app.