You also have the option to bet on the over/under (or total), which, as in other sports, is a wager on how many runs will be scored in the game.Īnother unique aspect of baseball betting is its long, drawn-out schedule. More on how to read moneyline odds here.Īnd while it's more uncommon, you do have the option to bet on the 'spread,' though in baseball betting that's referred to as the run line, and in almost every case, is -1.5 runs for the favorite with varying odds. Be aware that if you're betting the favorite, you're going to gain less money than you wagered if your bet wins, whereas winning an underdog bet will (usually) return more than your wager. When betting the moneyline, you have the option to take either the favorite - the team expected to win - or the underdog. If bettors love to simply choose what team will win each game, they can check out our daily MLB picks throughout the season to make informed prop bets. This means that bettors need to pick only who wins the game, not who covers. A prop bet or run line bet are available, but they're not as popular. Unlike football and basketball, where the majority of bets are based on the point spread, baseball is a moneyline sport. The lockout gave us a brief scare, but has begun and will offer 2,430 games to bet across the six-month calendar. Be sure to follow our MLB odds for what's in store for your favorite teams during the 2023 season.