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

Betting on baseball has been around for as long as the sport has been played professionally, and everyone knows the stories from Pete Rose to Shoeless Joe Jackson. 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.

 

Live MLB Odds For 2020 Season

 

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 some 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. Assuming there is baseball in 2020, whether in full or empty stadiums, 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

Normally, betting on MLB futures involves quite the large number of betting markets. With the uncertainty of the league in 2020, it is tough to find futures markets for MLB betting. Traditionally, there are a vast number of betting markets that include:

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

 

Where Can I Bet on the MLB?

Assuming the MLB returns, Bettors can legally wager on baseball in quite a few states in the United States as of summer 2020. 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

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FanDuel Sportsbook

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

Bonus: Risk-FREE Bet up to $500

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BetMGM Sportsbook

States Available: NJ, CO, WV, IN, NV

Bonus: Risk-FREE Bet up to $500

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STATES: NJ, IN, CO, NV, WV

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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.

 

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

DraftKings Sportsbook App is the most popular in the country!

New users get a $1,000 bonus!

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FREE BET PROMO$1,000
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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

FOXBET SPORTSBOOK

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STATES: PA, NJ, CO

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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 SPORTSBOOK

STATES: NJ, IN, CO, NV, WV

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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

FANDUEL SPORTSBOOK

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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.

 

2020 World Series Odds

Updated 2020 World Series Odds

Team Odds to Win World Series
Los Angeles Dodgers +350
New York Yankees +600
Tampa Bay Rays +650
Chicago White Sox +1000
Oakland Athletics +1000
San Diego Padres +1000
Atlanta Braves +1250
Minnesota Twins +1250
Chicago Cubs +1500
Houston Astros +2200

Betting on the World Series in 2020 is 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 is taking bets on the World Series at the above odds. The Los Angeles Dodgers are the current favorites at +350, but are closely followed by the New York Yankees at +600, and the Tampa Bay rays at +650. Every other team is at least 10:1 to win the World Series, but there are some mid-tier clubs as far as payroll with great odds, which is great to see.

For full odds, check DraftKings Sportsbook!

 

2020 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 during a shortened season. Here is a look at some totals from William Hill Sportsbook:

As well as a table for both FanDuel Sportsbook and FOXBet Sportsbook:

FANDUELFOX BET
LA Dodgers37.538.5
NY Yankees37.538.5
Houston35.535.5
Minnesota34.534.5
Tampa Bay33.534.5
Atlanta33.534
Cleveland33.533.5
Oakland33.533.5
Washington33.533.5
Chicago Cubs31.532.5
St. Louis31.532.5
Boston30.532.5
NY Mets32.531.5
Chicago White Sox31.531.5
Cincinnati31.531.5
LA Angels31.531.5
Philadelphia31.531.5
Milwaukee30.531.5
San Diego30.531.5
Arizona31.531
Texas28.529.5
Colorado27.527.5
Toronto27.526.5
Pittsburgh25.525.5
San Francisco25.525.5
Kansas City24.524.5
Miami24.524.5
Seattle24.524.5
Detroit21.521.5
Baltimore20.520.5

Odds are as of before the season started!

 

2020 MLB MVP Odds

Despite a shortened season for baseball, there are still plenty of futures to be had. This includes betting on the MVP. We took at look at the NL MVP odds and AL MVP odds. Starting with the National League, here are some of the NL MVP odds, courtesy of BetMGM:

NL MVP Odds

Player NL MVP Odds
Mookie Betts +500
Ronald Acuna +600
Cody Bellinger +700
Christian Yelich +800
Juan Soto +1100
Nolan Arenado +1600
Fernando Tatis Jr. +2000
Bryce Harper +2000
Manny Machado +2000
Ketel Marte +2400
Javy Baez +2500
Kris Bryant +2500
Freddie Freeman +2500
Anthony Rizzo +4000
Jacob deGrom +4000
Pete Alonso +4000
Paul Goldschmidt +4000
Max Scherzer +4000
Corey Seager +4000
Trevor Story +4000
Max Muncy +5000
Eugenio Suarez +5000
Ozzie Albies +5000

Two of the top three in terms of NL MVP odds are Dodgers, and Mookie Betts leads the charge at +500. After coming over from the Boston Red Sox in the offseason, the Dodgers look to make a major push for the World Series in 2020. That starts with Mookie Betts, who leads a star-studded lineup. Behind Betts are Ronald Acuna and Cody Bellinger.

AL MVP Odds

Player AL MVP Odds
Mike Trout +150
Aaron Judge +900
Francisco Lindor +1000
Anthony Rendon +1300
Gleyber Torres +1300
Alex Bregman +2000
Matt Chapman +2000
Josh Donaldson +2000
Jose Ramirez +2500
George Springer +2500
Xander Bogaerts +3000
Shohei Ohtani +3000
Carlos Correa +4000
Giancarlo Stanton +4000
Jose Altuve +4000
Rafael Devers +4000
DJ LeMahieu +4000
J.D. Martinez +5000
Marcus Semien +5000
Gerrit Cole +5000
Yasmani Grandal +5000
Matt Olson +5000
Austin Meadows +5000

As for the American League MVP odds, it is quite literally Mike Trout then everyone else. Trout sits at +150 to win the AL MVP per BetMGM, and the next closest in terms of odds are Aaron Judge at +900. If Mike Trout plays a full season, he is undoubtedly the overwhelming favorite to win the AL MVP, but if he sits for a bit due to the coronavirus pandemic, who will step up? Alex Bregman at +2000 is a solid bet.

Odds are as of before the season started!

 

2020 MLB Cy Young Odds

As for the other popular futures market, the two Cy Young award markets will be very interesting with the new rules. For 2020, pitchers will have to face a DH all season long against every single team. There are a large number of pitchers that have struggled in interleague, but have excelled against NL lineups. This slightly evens the playing field for all. Let’s take a look at both leagues.

NL Cy Young Odds

Player NL Cy Young Odds
Jacob deGrom +280
Max Scherzer +450
Jack Flaherty +800
Walker Buehler +1000
Stephen Strasburg +1100
Clayton Kershaw +1200
Luis Castillo +2000
Patrick Corbin +2500
Yu Darvish +2500
Aaron Nola +2500
Trevor Bauer +2500
Max Fried +3000
Dinelson Lamet +3000
Mike Soroka +3000
Josh Hader +3300
Sonny Gray +4000
Chris Paddack +4000
David Price +4000
Robbie Ray +5000
Zack Wheeler +5000
Brandon Woodruff +5000
Jon Gray +5000

To no one’s surprise, Jacob deGrom and Max Scherzer lead the way for NL Cy Young odds, as both have been atop the NL in terms of pitching ability for a few seasons. deGrom is the favorite at +280, and is very popular amongst MLB bettors. A sleeper could be Trevor Bauer at +2500, or Luis Castillo at +2000, both of the Cincinnati Reds.

AL Cy Young Odds

Player AL Cy Young Odds
Gerrit Cole +265
Justin Verlander +600
Chris Sale +650
Mike Clevinger +1000
Blake Snell +1100
Charlie Morton +1100
Shane Bieber +1100
Tyler Glasnow +1200
Lucas Giolito +1800
Carlos Carrasco +2000
Zack Grienke +2500
Corey Kluber +2500
Jose Berrios +2500
Hyun Jin Ryu +2500
Lance Lynn +3000
Lance McCullers Jr. +4000
Frankie Montas +4000
Matthew Boyd +5000
Shohei Ohtani +5000
Eduardo Rodriguez +5000
Jake Odorizzi +6000
Mike Minor +7000
James Paxton +8000
Nathan Eovaldi +8000

The American League Cy Young odds chart has a very familiar group of faces at the top, with the class of the league in Gerrit Cole, Justin Verlander, and Chris Sale. All are +650 or higher to win the Cy Young, and good arguments can be made for each. One player to keep an eye on is Tyler Glasnow at +1200, and Shane Bieber at +1100. Both young pitchers are looking to continue their impressing young careers with excellent 2020 campaigns.

For a deeper look, take a look at our NL Cy Young odds breakdown and for AL Cy Young odds, here.

Odds are as of before the season started!

 

MLB Odds Frequently Asked Questions

 

When will the MLB start in 2020?

The MLB season was set to resume in late July, 2020.

 

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, Colorado and more.

 

When is the 2020 World Series?

The 2020 World Series is likely to take place in fall of 2020, pending baseball having a full season. Traditionally, it is played in October.

 

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 favorite to win the 2020 World Series is the Los Angeles Dodgers at +350 on DraftKings Sportsbook.

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