Complete MLB Odds Betting Guide: 2021 World Series Odds, Live Game Lines, & MLB Props

America’s oldest professional sport is baseball, played in the late 1800s. For as long as baseball has been around, betting on baseball has been a popular form of betting. Until recently, it was not made legal in many states. In the US, more and more states are allowing legal sports betting, which includes betting on baseball.

Betting on America’s pastime is a tradition, and there are various ways to do so. From betting on who will win the World Series to wagering on individual player props, betting on baseball is here to stay. You will find the best sportsbooks to wager on baseball, which popular markets are available to choose from, a look at World Series odds and more.

 

MLB Odds 2021

The MLB odds will return for next season. To bet on the 2021 World Series, check out the futures market here.

 

How Can I Bet on the MLB?

While wagering on baseball is something that has been done for over a century, it has not always been legal in the US, until now (in many states). There are a large number of different types of betting markets as far as MLB wagering is concerned, and it can vary from sportsbook to sportsbook. With baseball officially happening in 2021, whether in full or empty stadiums like last year, there will be wagering on the sport.

 

 

MLB Odds Guide

Most legal online sportsbooks offer the following types of MLB betting:

• Run Lines
• Totals (Over/Unders)
• Moneylines
• Futures
• Props
• In-Game Betting
• Parlays
• Teasers and more!

 

MLB Futures Betting

Betting on MLB futures involves quite the large number of betting markets, with players, teams, and even stat leaders to choose from. Here are just some of the vast number of betting markets for MLB futures betting:

• World Series Betting
• American League Championship Betting
• National League Championship Betting
• Player Props such as HR Leaders
• Who will lead the MLB in HR?
• AL and NL MVP Futures
• AL and NL Cy Young Betting
• MLB Win Totals and more.

 

Where Can I Bet on the MLB?

Bettors can legally wager on baseball in quite a few states in the United States. With more and more states being added as time goes on, it is just a matter of time before the majority of the states allow legal online sports betting. Here are some of the top sportsbooks for MLB betting. You can also wager on the NFL and NBA at these sportsbooks, along with plenty of other sports betting markets.

 

DraftKings Sportsbook

States Available: PA, NJ, WV, IN, NH, IA, CO

Bonus: Up to $1,000 BONUS

 

FanDuel Sportsbook

States Available: PA, NJ, WV, IN, IA, CO, NJ

Bonus: Risk-FREE Bet up to $500

 

BetMGM Sportsbook

States Available: NJ, CO, WV, IN, NV

Bonus: Risk-FREE Bet up to $500

 

States with Legal MLB Betting

Sports bettors can wager on the MLB in the following states, using either online sportsbooks or at brick-and-mortar casinos that offer legal sportsbooks. More states will become available, so this list will certainly grow.

• Arkansas
• Colorado
• Delaware
• Illinois
• Indiana
• Iowa
• Michigan
• Mississippi
• Montana
• New Jersey
• New York
• Nevada
• Oregon
• Pennsylvania
• Rhode Island
• Tennessee
• Virginia
• West Virginia

 

Top Sportsbooks for MLB Betting

A more detailed look at the top sportsbooks to wager on Major League Baseball. These sportsbooks offer the best welcome bonuses along with the most variation of MLB betting markets.

 

DraftKings Sportsbook MLB

DraftKings Sportsbook is universally known as the leader in legal sports betting and daily fantasy sports in America, and has one of the best welcome packages in the space for new users. First-time MLB bettors will get a risk-free bet and a large deposit bonus match worth up to $1,000.

 

FOXBet Sportsbook MLB

One of the fastest-growing sportsbooks in the US has quickly become FOXBet Sportsbook. With a wide selection of MLB betting markets and the backing and exposure of the Fox Sports brand, FOXBet is here to stay. Expect FOXBet to own a large share of the betting market in each state it enters.

 

BetMGM Sportsbook MLB

BetMGM is one of the top brands in online gaming in the world, and the brand has legal online sportsbooks in a number of states that offer a significant welcome bonus along with a vast selection of MLB betting markets. Try the BetMGM Sportsbook here for a risk-free bet worth up to $500.

 

FanDuel Sportsbook MLB

One of the most popular sportsbooks in every state it is offered in, is FanDuel Sportsbook. Given that it was the first to enter many states, FanDuel holds the majority of the market share for MLB betting. FanDuel offers a risk-free bet, deposit bonuses, and frequent promotions for bettors that use the platform.

 

2021 World Series Odds

Latest 2021 World Series Odds

Here is a look at the full futures odds table for the 2021 World Series odds.

Betting on last year’s World Series was a bit different due to the coronavirus pandemic. There was a vast uncertainty on when baseball was set to resume its season, but also if a season were even to take place.

Nevertheless the season resumed for a short version of a baseball year, and DraftKings Sportsbook took bets on the World Series. As the MLB playoffs progressed, the Los Angeles Dodgers were the favorites but fell behind in the NLCS. Then, they got hot at the right time and won the World Series against the Rays. For 2021, the Dodgers are heavy favorites again.

For full odds, check DraftKings Sportsbook!

 

AL and NL Pennant Odds 2021

At DraftKings Sportsbook, there are odds posted for the winners of the AL and NL pennants. Here is a look at the odds.

AL Pennant Odds

• Yankees (+230)
• White Sox (+380)
• Twins (+750)
• Rays (+850)
• Blue Jays (+875)

NL Pennant Odds

• Dodgers (+175)
• Padres (+390)
• Braves (+500)
• Mets (+525)
• Cardinals (+1050)

 

2021 MLB Win Totals

With the MLB operating on a short season, betting the MLB Win Totals was a bit different this year. Our own Danny Small broke down how to bet MLB win totals. Here’s a look at the updated win totals for the 2021 season.

Team	DraftKings
LA Dodgers	102.5
NY Yankees	95.5
SD Padres	94.5
CHW White Sox	91.5
ATL Braves	91.5
NY Mets	90.5
MIN Twins	88.5
HOU Astros	87.5
OAK Athletics	86.5
STL Cardinals	86.5
TOR Blue Jays	86.5
TB Rays	85.5
WAS Nationals	84.5
LA Angels	83.5
CIN Reds	82.5
MIL Brewers	82.5
CLE Indians	81.5
BOS Red Sox	80.5
PHI Phillies	80.5
CHC Cubs	78.5
SF Giants	75.5
ARI Diamondbacks	74.5
KC Royals	73.5
SEA Mariners	72.5
MIA Marlins	71.5
DET Tigers	68.5
TEX Rangers	66.5
BAL Orioles	64.5
COL Rockies	63.5
PIT Pirates	58.5

Odds are as of before the season started!

 

2021 MLB MVP Odds

Here is a look at the NL MVP odds and AL MVP odds for the 2021 season.

NL MVP Odds

Here’s a look at the opening odds to win the 2021 NL MVP:

• Mookie Bets (+750)
• Juan Soto (+750)
• Cody Bellinger (+800)
• Ronald Acuna (+850)
• Fernando Tatis (+850)

AL MVP Odds

For the American League MVP market, here’s a look at the opening odds to win:

• Mike Trout (+200)
• Alex Bregman (+1000)
• Aaron Judge (+1200)
• Jose Ramirez (+1200)
• Matt Chapman (+1500)

Odds from DraftKings Sportsbook.

 

2021 MLB Cy Young Odds

One of the more popular player future betting markets is on the Cy Young winner in each league. Let’s take a look at the opening odds for each Cy Young award.

NL Cy Young Odds

Player	Opening Odds to Win Cy Young
Jacob deGrom	+500
Trevor Bauer	+700
Max Scherzer	+900
Walker Buehler	+1000
Yu Darvish	+1000

When the NL Cy Young odds opened, Jacob deGrom was the betting favorite at +500. Will he continue to be the favorite throughout the season? Time will tell.

AL Cy Young Odds

Player	Odds to Win Cy Young
Gerrit Cole	+350
Shane Bieber	+400
Lucas Giolito	+450
Tyler Glasnow	+1000
Hyun-Jin Ryu	+1200

Gerrit Cole was the favorite to win the 2020 Cy Young, but that went to Shane Bieber. For this year, the same opening favorite in Cole holds…but Bieber is right behind him.

For a deeper look, take a look at our NL Cy Young odds breakdown and for AL Cy Young odds, here. You can also wager on who will lead baseball in homeruns, here.

 

MLB Odds Frequently Asked Questions

When will the MLB start in 2021?

The 2021 MLB season is set to start on time on April 1st.

Where can I bet on the MLB legally?

You can bet on the MLB legally in the United States in states with legal sports betting. Pennsylvania, New Jersey, West Virginia, Indiana, New Hampshire, Iowa, Michigan, Colorado, Illinois, Virginia and more.

Who won the 2020 World Series?

The Los Angeles Dodgers won the 2020 World Series.

Can I bet on the World Series?

Yes. In states with legal online sportsbooks, you can bet on the World Series.

Who is the favorite to win the World Series?

The betting favorite to win the 2021 World Series is the Los Angeles Dodgers.

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