MLB betting is the perfect way to add more excitement to a summer day and it’s never been easier to place a wager thanks to New Jersey’s recent legalization of online sports betting. Baseball fans can now get in on the action right from their phone or computer — as long as you are located in New Jersey and over 21.
Baseball odds differ slightly from other sports because the scores tend to be lower and the margins are smaller but everything else works the same as it does with football or basketball. Here we will take a deeper dive into understanding MLB odds and the top MLB betting providers in New Jersey.
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How to Bet on Baseball Odds
MLB odds come in several forms and differ a bit from the NFL and NBA where much of the betting is done on the point spread. Since baseball margins tend to be lower, every game is set at a run line of 1.5. That means the favorite must win by at least 2 runs for your bet to hit while the underdog can lose by no more than one run for your bet to hit.
Much of the betting is done straight up on the moneyline, which determines that ratio of your initial stake to the payout. So if the Yankees are a -110 favorite, you must bet $110 to win $100. On the other hand, if the Red Sox are a +120 underdog, your $100 bet would win you $120 if Boston wins outright.
Along with betting on the winner, you can bet on the run total. Every sportsbook will offer a projected run total and you can wager whether the final score will be “over” or “under” that amount. You can also place over/under wagers on prop bets and in-game bets. These allow you to bet on individual events like whether a pitcher will get over or under 7 strikeouts in a single game or whether a player will get over or under 30 home runs over the entire season.
Where to Bet on MLB Odds
After the Supreme Court allowed states to legalize online sports betting, virtually every casino and sportsbook in Atlantic City jumped in on the action. You can now wager on baseball right from your phone or computer at top AC casinos like the Golden Nugget, Borgata, Caesars, MGM, Resorts, Hard Rock, 888 Casino, and BetFair.
Top international sportsbook William Hill and fantasy sports giants DraftKings and FanDuel also offer user-friendly online MLB betting with a range of prop and in-game betting options. In-game betting allows you to bet on any individual event, like whether a single at-bat will end in a strikeout or whether a pitcher will retire the side in order in a single inning. The odds and payouts are constantly changing because the action is in real time, which requires you to stay alert but also makes for an exhilarating baseball watching experience.
If you are in it for the long game, you can also place season-long “futures” bets on just about any statistic. You can wager on who will win the AL West, whether the Mets will have over or under 80 wins, who will lead the NL in strikeouts, or who will win the Rookie of the Year award.