As any MLB betting review at WeCompareOdd will show, this is one of the most popular sports available when it comes to gambling.
In total, 39% of bettors are believed to have gambled on Major League Baseball in the past – which indicates that there’s a lot of interest.
With some individual MLB teams alone overall believed to be worth over a billion dollars each, it’s to be expected that a betting scene has sprung up to cater to a fan base as large as this one.
There are lots of different MLB bet types on offer: one of the simplest is the game props bet, which pits one team against another in a variety of situations. At Bet365, for example, it’s currently possible to bet on which out of two teams will win after the first innings, which one will score the most hits in the first innings, which will secure the top first run and many more.
Alternatively, it’s possible to bet on who will win the league outright – but these kinds of futures bets sit at just the tip of the iceberg.
Many well-known North American teams from the Los Angeles Dodgers to the Baltimore Orioles are represented at the major betting sites. The range of options on offer can seem a little comprehensive and even intimidating at first. But this complexity is actually a good thing for bettors, as it means lots of different bookmakers compete to provide tight odds that work in the bettor’s favor.
Some MLB bets are moneyline in nature, which usually means the bettor chooses a team to win overall. Alternative formats include the over/under option, which allows a bettor to stipulate a maximum or a minimum run total for a given team. In sum, there’ll almost always be an MLB betting format to suit each bettor.