Baseball takes centre stage over the summer months of the year, and there is a variety of ways in which punters can stake their money on the MLB. The league is one of the most competitive in world sport, and there are over 160 fixtures for every club involved in the competition. The teams play in the regular season before the league standings determine the sides that will progress through to the playoffs.
MLB Format & History
The MLB is the oldest professional sports league in North America. There are 30 teams involved in the competition. The teams are separated into the National and American leagues, with three sub-divisions in each. The five teams with the best records from both divisions progress through to the playoffs. The teams from the different conferences are kept separate throughout the playoffs, as they play against each other to determine to American and National League champions. The two winners from each Division will then square off in the World Series, which is a best of seven clash.
The National and American Leagues were completely different entities between 1876 and 1901, with the first World Series being played in 1903. The modern-day format was introduced in 2000. The sport’s popularity excelled during the 1920s, after a dark period in the history of baseball. Prior to that decade, the sport was renowned for negative headlines. That included the dead-ball era, which saw limited home runs, and then the 1919 World Series, which was later known as the Black Sox Scandal.
The 1950s and 60s saw the expansion of the divisions’ with new stadiums built. Nowadays, there are 29 teams from the USA, and one team from Canada that play in the MLB. The MLB holds the record for the biggest season attendance out of all the sports leagues in the world; with nearly 70 million spectators during the 2018 season. The New York Yankees hold the record for the most World Series championships, as they have won on 27 occasions. Meanwhile, the Washington Nationals are the reigning champions as they won their first title last season.
How To Bet On MLB
There is a variety of different ways for punters to bet on MLB. These can be separated into the ante-post and individual betting markets. The formerly mentioned markets are the most popular throughout the season.
One of the most popular betting markets for punters to bet on throughout the season is by placing their stake on the team that they believe will win the American and National Divisions. This bet will last for the entire season and will be settled when the teams that will compete the World Series have been officially revealed.
The odds in this market will alter throughout the season depending on the form and injury records of the teams. Punters are rewarded with the returns if their selected team wins the Division that they are in. However, the stake will be lost if the team doesn’t win.
|Season||American Division Champions||National Division Champions|
|2019||Houston Astros||Washington Nationals|
|2018||Boston Red Sox||Los Angeles Dodgers|
|2017||Houston Astros||Los Angeles Dodgers|
|2016||Cleveland Indians||Chicago Cubs|
|2015||Kansas City Royals||New York Mets|
World Series Champions
Another popular betting market for punters sees them put their stake on the team that they believe will end the season as the outright champions. The odds in this market change throughout the season depending on the form of teams. The World Series sees the two teams that are division champions go head to head in the best of seven series.
Should the punter select the team that is crowned World Series champions then they will be rewarded with the returns. However, if their team is knocked out or doesn’t win the World Series, then the stake is lost.
|2018||Boston Red Sox|
|2015||Kansas City Royals|
Individual Match Betting
With the number of games that are played throughout the season, there is always value to be had for punters when it comes to individual matches. There are some enticing markets to explore, and here are the most popular ones, and what you will need to do to win.
The most common way to bet on baseball is by utilising the Moneyline. This market could see the New York Yankees have odds of -150 and the Boston Red Sox having odds of +140. The Yankees will be considered the favourites from these odds.
The punter simply needs to put their stake on the team that they believe will win. If their selected team does win, then they will be handed the returns. However, if their selection loses, then the stake is lost.
Match Totals Betting
A common betting market for all sports is the over/under market. That is no different in baseball as punters would lay their stake on there being more or fewer runs in a game than a benchmark set by the sportsbook. For instance, the benchmark could be 9.5. Punters can put their stake on over if they believe there will be ten or more runs, while they will put their stake on under if they believe there will be no more than nine runs. The bet is settled when the game has ended.
This is essentially the handicap market in baseball. The favoured side will start at a disadvantage in terms of runs, which they must overcome for the bet to be a winner. For instance, the favoured side may start the game with a runline disadvantage of -1.5. For this bet to be a winner, then the favoured side must win by at least two runs.
Latest MLB Headlines
The MLB 2020 All-Star Game is officially canceled. This is the first time for such a thing to happen since 1945. That’s when the game was called off due to World War II travel restrictions. This time, the coronavirus pandemic was the culprit. The 2020 game was previously scheduled for July 14 but was announced […]
Colorado Rockies’ outfielder Ian Desmond opts out of the 2020 MLB season. Desmond has cited racism and COVID-19 pandemic as the main reasons for his decision. A few other players also announced they’re opting out, causing 2020 MLB odds to change. The 2020 MLB season was supposed to start in March, but was postponed due […]
The 2020 season of the MLB was originally scheduled to start in March, but due to the COVID-19 crisis, it was postponed. After weeks of negotiations between the franchise owners and the players association, it seems that a deal has been agreed upon. The MLB club owners have agreed to put commissioner Rob Manfred in […]
It only seems like yesterday that the baseball world was congratulating the Washington Nationals on their first-ever World Series success. However, the start of the new season in the MLB is only a matter of weeks away, with the first game taking place on the 26th March. Each team will have a long road to […]
New York Yankees listed as +300 favorites to win the World Series Astros are still recovering from the sign-stealing scandal Los Angeles Dodgers were back-to-back runners-up in both 2017 and 2018 Three serious contenders have been listed early as the likely favorites for the 2020 MLB World Series. Among them are the Yankees, Dodgers and […]
The MLB Winter Meetings don’t get started until next week, but the offseason is already starting to heat up with several notable signings and trades over the past week. Let’s catch up on everything you might have missed so that you’re caught up to date when the Winter Meetings get underway. Wheels Up Zack Wheeler […]
Slowly but surely, the Major League Baseball Hot Stove is starting to heat up. If you’re a catcher, things are definitely heating up. Let’s catch up on everything newsworthy from the past week in case you missed something. Pirate Leader The Pirates are the final team to fill their managerial vacancy, hiring Twins bench coach […]
The period right before Thanksgiving is typically a slow one for the Major League Baseball Hot Stove. But that doesn’t mean nothing of interest is happening in the baseball world. Let’s recap some of the top stories from the past week. Another Arm The Braves added yet another bullpen arm this week, re-signing Chris Martin […]
It’s too soon to know with any certainty, but Major League Baseball could be on the verge of a major scandal that could become the biggest story of the offseason. For the past few seasons, there have been whispers and rumblings of the Houston Astros stealing signs, possibly by skirting MLB rules. There were accusations […]
Things on the Major League Baseball Hot Stove have been noticeably slow to heat up thus far. However, with the GM Meetings taking place this week, we should see an uptick in player movement. Let’s catch up on some of the headlines from the recent past. Getting Caught Unfortunately, we have to start with a […]
The Major League Baseball offseason is barely a week old, but there’s been plenty of action early on. Let’s take a look at some of the teams that haven’t wasted any time in building their rosters for the 2020 season. The New Jay In desperate need of rotation help after trading away Marcus Stroman and […]
Well, it’s all over but the crying, at least in the city of Houston. The 2019 MLB season is officially over, and it’s the Washington Nationals who have been crowned World Series champions. From 19-31 in late May to trailing in the Wild Card Game to losing three straight at home in the World Series, […]