Complete MLB Odds Betting Guide: 2021 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.
2021 MLB Odds
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 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)
- In-Game Betting
- 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.
States Available: PA, NJ, WV, IN, NH, IA, CO
States Available: PA, NJ, WV, IN, IA, CO, NJ
States Available: NJ, CO, WV, IN, NV
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.
- New Jersey
- New York
- Rhode Island
- 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
Updated 2021 World Series Odds
|Team||Odds to Win World Series|
|Los Angeles Dodgers||+450|
|New York Yankees||+550|
|San Diego Padres||+800|
|Chicago White Sox||+950|
|New York Mets||+1200|
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 began taking 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. The above is a look at the top 6 teams for the 2021 World Series odds.
For full odds, check DraftKings Sportsbook!
AL and NL Pennant Odds
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 (+275)
- Rays (+575)
- White Sox (+650)
- Twins (+700)
- Athletics (+825)
NL Pennant Odds
- Dodgers (+180)
- Braves (+390)
- Padres (+550)
- Mets (+900)
- Reds (+1300)
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:
New ⚾ Regular Season Win Totals are 🆙
Check out all the odds, early notable wagers & more ⬇️
— William Hill US (@WilliamHillUS) June 29, 2020
|Chicago White Sox||31.5||31.5|
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|
|Fernando Tatis Jr.||+2000|
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|
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|
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|
|Hyun Jin Ryu||+2500|
|Lance McCullers Jr.||+4000|
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.
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.
Taking a look at MLB’s 2021 World Series Betting Splits, courtesy of DraftKings Sportsbook. The Mets are responsible for 29% of the handle.
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