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2020 MLB Odds
The 2020 MLB season has been released with a shortened 60 game schedule beginning on July 23rd. This MLB Vegas Odds page will be updated daily with money line betting odds on each game, including baseball odds from Las Vegas sportsbooks such as Westgate Superbook, Circa Sports, William Hill, and MGM. For those outside of Las Vegas, we've also included MLB betting lines from online sportsbooks such as FanDuel, DraftKings, and BetMGM.
We also offer odds to win the 2020 World Series for each team in our MLB Futures Odds section. This section also includes each team's odds to win the American League and National League Pennants.
How to read Baseball Las Vegas Money Line Odds
Choose one team or the other for the win!
If youre betting Major League Baseball money line wagers, you will either be cheering for the favorite or the underdog to pick up the victory, as long as the game officially goes past the midway point (through the top of the fifth inning). A game must at least become official, per the rules of MLB, before a winner is determined. And when you are betting the money line, you will either select the favorite or the underdog to win outright, and you neednt worry about margin of victory. Simple, right?
Similar to our Run-line and 1st Five Inning Odds, every game on the board shows with pitcher information, as well the Date and Time of the Major League Baseball games of the evening.
Baseball will list Favorites and Underdogs for that days games. The Money Line Odds will show the favorite listed with a (-), and the underdogs will be indicated by a (+) symbol. Most betting sites online, as well as all betting apps, will do the math for you. But its a rather simple equation based upon $100 wager.
N.Y. Yankees -125 (Bet $100 to win $80)
Tampa Bay +110 (Bet $100 to win $110)
In the above example, N.Y. Yankees is listed as the favorite (-), while Tampa Bay is considered the underdog. If someone making a wager selected the Yankees, favored to win, they would return only $80 on a $100 wager at minus-125. Some books will also offer fractional odds, and in this particular instance the Yankees would be a 4/5 favorite. The decimal format is sometimes listed, especially popular overseas, and the Yankees would be listed at 1.80 on the big board.
Since the Yankees are the favorite, the Rays are considered the underdog and bettors receive a larger return on their initial stake. In the example above, a $100 winning wager on the Rays would return a $210 total, which includes a $110 win and your original $100 stake. The fractional odds for this example would be 11/10, with the Yankees listed at 2.100 with the decimal conversion.
Betting on MLB Games
Where can I bet on MLB games?
Mlb Odds Lines Against
There are several legal sportsbook options in the United States. Visit our sportsbook directory to find online sportsbooks where you can bet on the MLB.
Who's the favorite to win the World Series?
For odds on where teams will finish in the MLB Playoffs, check out our MLB Futures page.
Who are the experts picking to win?
Our experts offer picks on all the big MLB games. Check out our MLB handicapper picks to see what our experts are saying.
Can you place parlay bets on MLB games?
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Most sportsbooks will allow you to parlay your baseball bets, meaning you can bet on multiple odds and win a bigger payout if they all win. Check out our parlay calculator to see what your payout will be.
When it comes to sports betting lines, you probably are wondering what the lingo of lines, odds, and spreads really mean. Understanding what these terms mean is essential to making proper picks on your favorite teams. For the most part these rules apply to all the main sports such as football, basketball, soccer, and hockey. But there are some key differences when betting against the big leagues like the NFL, NBA, and MLB.
Mlb Lines Odds Shark
Super Bowl and Stanley Cup Betting Odds
Mlb Odds Line O/u
A betting line is another terminology for point spread, which is tied to the outcome of the event. It is a forecasted prediction of how many points an anticipated stronger team will win by against a weaker team. In the betting world the stronger team is referred to as the favorite, and the weaker team is referred to as the underdog. These collectively are referred to as spreads.
NHL, Baseball, WNBA Playoffs Betting Picks
In a point spread, you have to bet against the forecasted outcome one way or the other, you cannot just pick a team to win lose or it without laying down a lot of money or it would be too easy to beat a highly likely winner. Instead if a team is predicted to win by 7 points, the spread would be -7 towards that team. You then must place on a bet on whether you think the favorite would beat the underdog by at least 7 points, or if you think the underdog could cover and lose by less than 7 or win. Sometimes a game is considered highly contested and balanced that you might have what is called a pick-em where you simple pick which team will win. Point spreads are common in the NFL.
NBA Point Spreads and NCAA Lines Reviewed
After point spreads are established, you can then look at the moneyline bet. This is generally correlated to the point spread except it shows how money you can win based on your wager. Some sports do not use a point spread but rather just stick to a moneyline bet. For example, a team that was a -7 favorite would likely have a moneyline negative as well, say -200. That means, you would have to bet $100 to win $200. Alternatively there is a plus bet that goes with the underdog, say at 250. That means if you bet 100 and the underdog wins, you can win $250. Moneyline bets generally involve a higher wager to make money as opposed to point spreads. Moneyline picks are the most common wager instrument in the major sports of NBA, MLB, hockey, and soccer.
Nascar, PGA Golf and MMA UFC Betting Lines
In unique situations, where a game has a lot of prestige such as the NFL super bowl , NBA playoffs, or the Stanley Cup, you can bet on prop bets which are bets on specific things that could happen during a game. This is a play strictly based on odds of something happen against it not happening. An example might be whether a field goal would be the first type of score in the football game. At any time as people are betting one way or the other, the odds will adjust as people make picks one way or the other.
Premier League, British Open Championship and College Football Odds Every Week
Mlb Odds Lines
Opening lines generally come out a week before an event but for major events like the Superbowl, it might be out for two weeks once the matchup is established. Football events opening lines generally come out on a Tuesday after all the previous weeks games have been played and is usually the sport most heavily used to gamble on. Basketball and MLB have games more frequently and usually the opening line might only exist for the day of an event.