MLB Betting Odds, Live Baseball Betting Lines, and Prop Bets:
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Placing an online bet at BetPhoenix.ag has always been challenging. There is plenty of action with the MLB odds, like Run Lines/Moneylines, Point Spreads, Over/Under Totals, Futures, and Props. There are many fun and creative ways to bet on MLB betting lines, and here we show you how.
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The MLB (Major League Baseball) is the American professional baseball league. With its origins dating back to 1876, it is one of the oldest professional leagues and the most important in the world.
The MLB is organized in two leagues, the National League (NL), founded in 1876, and the American League (AL), founded in 1903. It includes 30 teams, 29 from the United States and one from Canada, equally divided between the NL and AL with 15 teams each. The leagues are organized into three divisions that group five teams each. Every team plays 162 games during the regular MLB season, which runs between March and October, with six teams in each league advancing to a postseason of four rounds that concludes in the World Series that determines the Champion.
The MLB regular season includes a short break in July, approximately the middle of the season, for the MLB All-Star Game, nicknamed the "Midsummer Classic." This exhibition game is played between the best stars from the National League (NL) against the stars from the American League (AL) under the manager of the previous year's winning coach for each league. The selection of the players is made by a combination of Fan voting, Players voting, and Manager selection.
National League
East Division
- Atlanta Braves
- Miami Marlins
- New York Mets
- Philadelphia Phillies
- Washington Nationals
Central Division
- Chicago Cubs
- Cincinnati Reds
- Milwaukee Brewers
- Pittsburgh Pirates
- St. Louis Cardinals
West Division
- Arizona Diamondbacks
- Colorado Rockies
- Los Angeles Dodgers
- San Diego Padres
- San Francisco Giants
American League
East Division
- Baltimore Orioles
- Boston Red Sox
- New York Yankees
- Tampa Bay Rays
- Toronto Blue Jays
Central Division
- Chicago White Sox
- Cleveland Guardians
- Detroit Tigers
- Kansas City Royals
- Minnesota Twins
West Division
- Houston Astros
- Los Angeles Angels
- Oakland Athletics
- Seattle Mariners
- Texas Rangers
How to Bet on the MLB
To help you discover all the MLB betting lines, BetPhoenix.ag provides you with this guide with the best MLB betting odds.
This MLB Odds tutorial to help you understand all the different MLB betting lines available, what they mean, and how to use them, providing you with all the information to increase your chances of winning when wagering on MLB Odds.
*** Starting July 16, 2024 *** ALL BASEBALL WAGERS ARE ACTION - "Listed Pitchers" IS NO longer being offered.
Unless otherwise stated, all baseball wagers - MLB, college, softball, and foreign pro leagues - are now “Action” wagers. "Listed Pitchers" is no longer being offered. This applies to sides, totals, Run Lines, team totals, first five innings, and inning-by-inning props. *All wagers have ACTION at the CONFIRMED price. For example, if you selected a team at +150, but due to a pitching change, their price drops to +120, your bet is still locked in at +150.
MLB Run Lines / Point Spreads
MLB Point Spread, also known as MLB Run Lines, is a margin-of-victory bet that indicates an estimated game result. Since baseball is usually low scoring, the spread or run line will almost always be between 1.5 and 2.5 runs, with adjusted MLB odds run lines based on each team's strength.
Here is an example of an MLB Point Spreads or Run Lines:
Teams and Run Lines
New York Yankees -1.5
Houston Astros +1.5
In this case, the MLB Run Lines indicate that the New York Yankees are the favorite and the Houston Astros are the underdog. People betting on the Yankees MLB point spread or run line expect them to win by a margin over the -1.5 point spread, while those betting on the underdog expect the Astros to lose by less than +1.5 runs to cover the spread. The purpose of the decimal point is to avoid a push on the wager. When betting on the MLB run lines, the game must reach nine innings, or 8.5 innings, if the home team is ahead. For this example, these are the possible outcomes:
- Yankees win by two or more runs: Yankees bettors win.
- Yankees win by precisely one run: Astros Sox bettors win.
- Astros win the game: Astros bettors win
MLB Moneylines
MLB Moneylines bets are the most straightforward MLB Odds option in sports betting. You bet on the team that you believe will win the game. The negative number indicates the favorite or team most likely to win, and a positive number indicates the underdog or the least likely to win.
Here is an example of an MLB Moneylines listed in BetPhoenix:
Teams and Moneylines:
Los Angeles Dodgers -180
San Diego Padres +160
Using this example, the Moneylines bet would work as follows:
- Dodgers Moneyline: If you wagered to win $100 by betting on the Los Angeles Dodgers -180, you would need to risk $180 to win $100.
- Padres Moneyline: For every $100 wagered on the San Diego Padres +160, you would receive $160 if they win the game.
MLB Moneylines and MLB point spreads/run lines use the same MLB Vegas Odds information to forecast an estimated relative strength of each team for this particular matchup. The greater the MLB Moneylines numbers indicate a greater favorite or more significant underdog.
MLB Totals or Over/Under Odds
The MLB Totals bet, or MLB Over/Under odds bet, is a wager on the game's combined score, regardless of the winner. You place a bet based on the total number of runs scored and predict if they will be higher or lower than the line forecasted. Betting the over means you predict the score to be above the number while betting the under indicates that you expect the final score to be less than the estimated runs. The bet can be a push if the final score equals precisely the estimated, in which case all bets will be refunded.
Here is an example of an MLB Totals or MLB Over/Under odds line listed in BetPhoenix:
Boston Red Sox vs. Chicago White Sox
Odds for the Over: -110
Odds for the Under: -110
That means that for every $1.10 risked on either option, you'd win $1.
Using this example, the MLB Totals would result as follows:
- Total combined score of 8 or more runs: Over bettors win.
- Total combined score precisely seven runs: The wager is a push. All bets would be refunded.
- Total combined score of 6 runs or less: Under bettors win.
MLB Parlays
MLB Parlays are a type of wager where you combine different MLB Odds bets into one. MLB Parlays are advantageous, as the odds increase considerably by compounding multiple lines. All bets included must win for the whole parlay to pay out.
You can combine up to ten different types of bets, including MLB run lines/point spreads, moneylines, over/under totals, and player props. You can combine favorites and underdogs. All chosen lines must win in a parlay, or the whole bet is a loss. In case of a push, a tie, or a canceled or rained-out game, the line will be removed from the parlay. For example, a push on a four-team parlay automatically makes it a three-team parlay with the remaining qualifying bets.
BetPhoenix will increase your MLB Parlays payout as more individual MLB Odds bets are added. Parlays allow up to ten different single bets, allowing cross-sport bets, where you can combine MLB betting odds with NBA bets, NFL bets, Soccer bets, etc.
For example, we can combine four different MLB betting lines in a 4-Team Parlay.
Blue Jays Spread vs. Mariners: -1.5 -110
Blue Jays vs. Mariners Totals: Under 8 -110
Rangers Spread vs. Tigers: -2.5 -110
Rangers vs. Tigers Totals: Over 6.5 -110
This 4-team parlay would compound payout odds of +1228, more than 12x times your bet if you wagered on each line separately. By risking $100, you would earn a payout of $1228.64, with these possible outcomes:
- Blue Jays Point Spread covers, Blue Jays over/under total covers, Rangers Point Spread covers, and Rangers over/under total covers: Win $1228.64
- Blue Jays Point Spread covers, Blue Jays over/under total is a push, Rangers Point Spread covers, and Rangers over/under total covers. As the push is canceled, it becomes a 3-team parlay: Win $595.79
- If any of the lines do not cover, the parlay is a Loss: -$100
You can check this BetPhoenix payout table below for a complete view of our payouts:
2 Teams | 2.6 |
3 Teams | 6 |
4 Teams | 10 |
5 Teams | 20 |
6 Teams | 35 |
7 Teams | 60 |
8 Teams | 80 |
9 Teams | 200 |
10 Teams | 300 |
MLB Prop Bets
MLB Prop Bets are an exciting and compelling way to extend your betting options. An MLB Prop Bet can be a wager on just about anything. They include in-game possibilities like specific player performance, like over/under totals on hits, RBIs, Home Runs, strikeouts by a pitcher, or specific game events, such as "which player will score the first run." Season-long player propositions include accolades like who will be named MVP, Cy Young ,Rookie of the Year, or World Series MVP.
You can access any available MLB Odds Prop Bet for every game in the Live Lines Odds section on BetPhoenix.ag. They are a great way to maximize your winnings.
In-game Prop Bets include a wide range of options, like these examples:
Aaron Judge (New York Yankees) HR in the Game: Over/Under 0.5
Vladimir Guerrero Jr. (Toronto Blue Jays) Hits in the game: Over/Under 1.5
MLB Futures Odds
Betting on MLB Futures Odds will allow you to predict the winners of various MLB awards and honors, giving you better odds and a higher possibility of success. MLB Odds make it possible to pick a bet on how many games a team will win in the regular season, make or miss the playoff odds, or who will be the winner of a division, league, or even the World Series Title.
The top of all MLB Futures Odds is the World Series Odds to Win. Here are the current 2024 World Series odds; these odds change without previous notification, log in to check the latest odds:
- Arizona Diamondbacks +3000
- Atlanta Braves +800
- Baltimore Orioles +600
- Boston Red Sox +3100
- Chicago Cubs +9000
- Chicago White Sox +12000
- Cincinnati Reds +8000
- Cleveland Guardians +1300
- Colorado Rockies +12000
- Detroit Tigers +12000
- Houston Astros +1300
- Kansas City Royals +2900
- Los Angeles Angels +12000
- Los Angeles Dodgers +220
- Miami Marlins +12000
- Milwaukee Brewers +1800
- Minnesota Twins +1500
- New York Mets +3000
- New York Yankees +500
- Oakland Athletics +12000
- Philadelphia Phillies +400
- Pittsburgh Pirates +6000
- San Diego Padres +2100
- Seattle Mariners +1500
- San Francisco Giants +7000
- St. Louis Cardinals +3000
- Tampa Bay Rays +8000
- Texas Rangers +3200
- Toronto Blue Jays +12000
- Washington Nationals +12000
These MLB odds are subject to change. As you prepare for the upcoming season, check out all the futures markets with MLB betting odds available at BetPhoenix.
MLB MVP Odds
The MVP (Most Valuable Player) award is given in both the AL and NL at the end of the MLB regular season, going to the best player in the league based on performance statistics.
Previous winners of this prestigious honor include:
National League MVP History
- 2023 – Ronald Acuña Jr. – Atlanta Braves
- 2022 – Paul Goldschmidt – St. Louis Cardinals
- 2021 – Bryce Harper – Philadelphia Phillies
- 2020 – Freddie Freeman – Atlanta Braves
- 2019 – Cody Bellinger – Los Angeles Dodgers
- 2018 – Christian Yelich – Milwaukee Brewers
- 2017 – Giancarlo Stanton – Miami Marlins
- 2016 – Kris Bryant – Chicago Cubs
- 2015 – Bryce Harper – Washington Nationals
- 2014 – Clayton Kershaw – Los Angeles Dodgers
- 2013 – Andrew McCutchen – Pittsburgh Pirates
American League MVP History
- 2023 – Shohei Ohtani – Los Angeles Angels
- 2022 – Aaron Judge – New York Yankees
- 2021 – Shohei Ohtani – Los Angeles Angels
- 2020 – Jose Abreu – Chicago White Sox
- 2019 – Mike Trout – Los Angeles Angels
- 2018 – Mookie Betts – Boston Red Sox
- 2017 – Jose Altuve – Houston Astros
- 2016 – Mike Trout – Los Angeles Angels
- 2015 – Josh Donaldson – Toronto Blue Jays
- 2014 – Mike Trout – Los Angeles Angels
- 2013 – Miguel Cabrera – Detroit Tigers