MLB sportsbooks

Find the best sportsbooks for your MLB betting here.

Best MLB sportsbooks in New Jersey

Bet365

  • High value odds for MLB matches
  • A wide selection of MLB bets
  • A global trustworthy brand
  • Bet365 is an MLB official gaming operator
  • Only available in New Jersey and Colorado
Welcome Offer
up to $100 in bet credits
Claim Go to website
Website: Founded: 2000
Owner: Bet365 Group LTDHeadquarters: Stoke-on-Trent, UK

Summary

Author: Nils Edmondson Nils Edmondson

The sports betting giant has now arrived on American shores. The sportsbook which boasts over 45 million customers globally is now online in New Jersey.

The global brand is still a relative unknown in the US, but with the company's track record in other markets, we expect this is just the beginning of their US journey.

Bet365 are operational in the following states:

  • New Jersey
  • Colorado
Read full review

888 Sport

  • Huge depth in betting options and sports offered
  • Highly competitive odds
  • Deposits accepted via Paypal, VISA/Mastercard and Neteller
  • A trustworthy brand
  • Only available in NJ
Welcome Offer
Risk-free bet up to $500
Claim Go to website
Website: Founded: 2008
Owner: Avi Shaked, Aaron Shaked, Shay Ben-Yitzhak, Ron Ben-YitzhakHeadquarters: Gibraltar
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Promotions
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Summary

Author: Nils Edmondson Nils Edmondson

888Sport is one of the largest betting companies in the world. It entered the US market in 2013 when it opened in Las Vegas.

It's online sportsbooks is now active in:

  • Nevada
  • New Jersey
Read full review

Best MLB sportsbooks in Indiana

PointsBet

  • The best in its niche: points betting
  • Large selection of NBA, NHL, MLB and NFL bets
  • Great customer service (including a live chat)
  • Wide selection of payment options inc PayPal
  • Best risk-free sign-up bonus in town
  • No product in Pennsylvania
Welcome Offer
2x risk free bets worth $1,500
Claim Go to website
Website: pointsbet.comFounded: 2017
Owner: PointsbetHeadquarters: New Jersey
PointsBet Sportsbook
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PointsBet Promos

Summary

Author: Nils Edmondson Nils Edmondson

Pointsbet is an Australian company, that launched in the US in 2019.

The sportsbook places a heavy emphasis on point spread betting, a unique form of betting where you are rewarded, or docked points, according to how wrong or write a bet was.

PointsBet is operational in:

  • New Jersey
  • Indiana
  • Iowa
  • Illinois
Read full review

Best MLB sportsbooks in Pennsylvania

DraftKings

  • Polished and efficient app
  • Dozens of betting markets
  • Seamless customer journey
  • Lots of payment options including PayPal
  • 25x play through requirement for bonus
Welcome Offer
Deposit Bonus of up to $1,000
Claim Go to website
Website: Founded: 2012
Owner: Jason RobinsHeadquarters: Boston
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Summary

Author: Nils Edmondson Nils Edmondson

DraftKings is the largest fantasy sports operator in the US. Since 2018, they have established themselves as one of the country's most successful online sportsbooks. According to BettingScanner's 2020 survey, DraftKings can boast the country's highest brand awareness at 44%.

Draftkings sportsbook is operational in the following states:

  • New Jersey
  • Indiana
  • Pennsylvania
  • New Hampshire
  • Iowa
  • West Virginia
  • Illinois
Read full review

FanDuel

Best beginner sportsbook
  • Tried and tested
  • Great Juice
  • Easy to use and logical app
  • Lots of deposit options
  • Less withdrawl options than deposit options (but they do offer PayPal)
Welcome Offer
up to $500 risk-free bet
Claim Go to website
Website: Founded: 2009
Owner: Flutter Entertainment (previously Paddy Power Betfair)Headquarters: New York City
Fanduel Sportsbook
Fanduel Sportsbook Promos
Fanduel Sportsbook Desktop

Summary

Author: Nils Edmondson Nils Edmondson

The New York-based company began life as a daily fantasy sports provider but now can claim to be the country's most popular sportsbook. According to BettingScanner, it enjoys the second highest brand awareness rate in the US (41%).

Fanduel Sportsbook is operational in the following states:

  • New Jersey
  • Pennsylvania
  • West Virginia
  • Indiana
Read full review

Best MLB sportsbooks in Illinois

PointsBet

New to Illinois
  • The best in its niche: points betting
  • Large selection of NBA, NHL, MLB and NFL bets
  • Great customer service (including a live chat)
  • Wide selection of payment options inc PayPal
  • Best risk-free sign-up bonus in town
  • No product in Pennsylvania
Welcome Offer
2x risk free bets worth $1,500
Claim Go to website
Website: pointsbet.comFounded: 2017
Owner: PointsbetHeadquarters: New Jersey
PointsBet Sportsbook
Pointsbet_signup
PointsBet Promos

Summary

Author: Nils Edmondson Nils Edmondson

Pointsbet is an Australian company, that launched in the US in 2019.

The sportsbook places a heavy emphasis on point spread betting, a unique form of betting where you are rewarded, or docked points, according to how wrong or write a bet was.

PointsBet is operational in:

  • New Jersey
  • Indiana
  • Iowa
  • Illinois
Read full review

FAQs about betting on the MLB

Betting on baseball and the MLB requires a high-level knowledge. Just knowing a lot about baseball won't cut it, you need to know all the intricacies of baseball betting as well as all the option available to you. Here are some of the most common questions people have about betting on the MLB.

⚖️ Is it legal to bet on the MLB?

Yes it is legal to bet on the MLB in the US, as long as:

  1. You are in a state that has legalized sports betting. These include, New Jersey, Pennsylvania, Indiana, Nevada (limited online betting), New Hampshire, Iowa, West Virginia and Colorado.
  2. You are 21+
  3. You select a fully licensed sportsbook.
  4. You have a valid payment method.

💯 What is the best sportsbook for MLB betting?

First, you will need to know what sportsbooks are legal in your state before you can work out what is the best sportsbook for you.

Then you need to look at their selection of baseball bets, followed by the value of their odds.

We think the following sportsbooks are the best for MLB betting in the following states:

888Sport NJ

DraftKings PA

PointsBet IN

🤝 What sportsbooks are partnered with the MLB?

There are four official sportsbook sponsors of the MLB.

🧐 How do you read baseball money lines?

First, you need to see whether there is a plus or a minus before the odds. This refers to whether the odds are above or below the moneyline and indicates whether a team is a favourite or the underdog.

  • To calculate a minus moneyline you can use this formula: Winnings = (your stake / minus moneyline odds) x 100
  • To calculate a plus moneyline you can use this formula: Winnings = (your stake x plus moneyline odds) /100

🤔 What is the most common baseball bet?

Moneylines are the most common type of bet in any sport. When it comes to a more baseball-specific type of bet, 5-inning lines are a very popular form of MLB bet.

We rank the following sportsbooks as offering the best value for the following betting types.

888Sport for MLB moneylines.

FanDuel for MLB 5-inning lines.

PointsBet for MLB spread betting.

FanDuel and MGM for MLB Futures.

⚾ Do any MLB teams partner with sportsbooks?

No the MLB has not announced any partnerships with any sportsbooks.

Currently NFL teams including the New York Jets, the Dallas Cowboys and the Baltimore Ravens are partnered with sportsbooks.

Two NHL teams; the Vegas Golden Nights and the New Jersey Devils are partnered with sportsbooks.

The 76ers are the only NBA team that has partnered with a sportsbook.

MLB Sportsbooks 2020 ⚾

Betting on the MLB is an analytical bettor's wet dream. With over 160 games played by each club in one MLB season (excluding playoffs) it’s the perfect sport with which to hone your betting skills.

“You have to be more disciplined every day to get better and learn the game” Yasiel Puig

Baseball is incredibly technical in some respects but there is also a larger variety of outcomes that are more dependent on external factors than other sports, such as weather.

With the right strategy and experience Baseball can be one of the best sports to bet on, but it requires patience and discipline.

This page will recommend you the best sportsbook for betting on the MLB in your respective state and for different forms of betting. Currently New Jersey, Pennsylvania and Indiana have the widest selections of sportsbooks to choose from. However there are growing number of states such as West Virginia, Iowa and Colorado where sports betting is now legal and sportsbooks are starting to set up shop.

If you are a complete beginner to sports betting and would like to start with a trusted sportsbook that offers a user-friendly product for which to place a bet on the MLB then we can recommend FanDuel.

MLB Sportsbooks: Bettingscanner recommends

Best Sportsbook for beginners: FanDuel

Deposit Bonus of up to $1,000

The fantasy sports specialists have really succeeded in creating an excellent sportsbook that cater for both beginners and experts alike.


What Makes A Great MLB Sportsbook

When it comes to betting on the MLB, you can't take any short cuts. Baseball is unique in a number of ways and so it is more crucial than ever that you pick the right sportsbook.

There are a number of factors we consider when looking at what makes a great sportsbook for the MLB.

baseball_sportsbooks
WHAT TO THINK ABOUT WHEN PICKING YOUR MLB SPORTSBOOK
  • A wide range of baseball specific bets: 5-inning lines are a great example.
  • Stats galore: the technical nature of baseball requires you to have a sportsbook which provides you with all the numbers.
  • Odds: you can have all the baseball-specific bets in the world but if you don't have great value odds then there is no point
  • In-play betting: this form of betting is growing in popularity amongst baseball games.
  • A great app: American bettors love to use their phones.

Best MLB Sportsbook in NJ

MLB betting is not quite as popular in New Jersey as betting on the NBA or the NFL but it still attracts a large amount of interest.

Luckily for residents of New Jersey, they have possibly the best selection of sportsbooks for betting on baseball in the whole of the US.

Betting online in New Jersey is still a more attractive prospect than Nevada, where you have to sign up, deposit and withdraw in person or Pennsylvania where a high tax rate has led to a reduced amount of sportsbooks setting up shop in the state.

It's hard to pick one stand out sportsbook for betting on baseball in the state, but although DraftKings and FanDuel offer excellent odds and a wide range of bets, we are going to go with 888Sport NJ.

888Sport is a huge international sports betting brand that has chosen New Jersey as its point of entry to the US market. Its product is not flashy but it is user-friendly, and it offers a huge selection of bets for the MLB.

BETTINGSCANNER RECOMMENDS FOR MLB SPORTS BETTING IN NJ

Best MLB sportsbook in NJ: 888Sport

Risk-free bet up to $500

The global brand has a highly optimized product for New Jersey with an excellent selection of MLB bets and great value odds.


BEST MLB SPORTSBOOK IN PA

Pennsylvania has the second widest selection of sportsbooks to chose from in the US. The high tax rate imposed on sportsbooks initially put off a number of sportsbooks from launching in the state, after sports betting was legalized in PA in 2018.

It was local brand, SugarHouse and the 'big-two' FanDuel and DraftKings that were the first sportsbooks to pay the hefty tax and licensing fee and they haven't looked back since. The three sportsbooks still have arguably the best three products on the market.

Both FanDuel and DraftKings have also partnered with the MLB which makes the user experience that little bit better for baseball fans.

DraftKings pipped its rivals to top spot however, due to their slightly more generous welcome offer.

BETTINGSCANNER RECOMMENDS FOR MLB SPORTS BETTING IN PA

Best MLB sportsbook in PA: DraftKings

Deposit Bonus of up to $1,000

The sportsbook offers a huge range of MLB bets, great odds and a absolutely fantastic welcome offer.


BEST MLB SPORTSBOOK IN INDIANA

The Hoosier State can claim bronze prize when it comes to sports betting on the MLB in the US. They have fewer sportsbooks than both NJ and PA but considerably more than any other state where online sports betting is legal. Of course, Nevada, officially has a large number of online sportsbooks but we are not counting the state in this instance as you have to sign-up, deposit and withdraw in-person.

Football is the most popular sport to bet on in Indiana, followed by basketball which makes sense when you consider that they are represented by the Indianapolis Colts and the Indiana Pacers. However, every legal sportsbook in the state offers an acceptable amount of MLB bets.

PointsBet, the Aussie sportsbook is our winner in this category as they have created an excellent product that is highly optimized for Indiana.

BETTINGSCANNER RECOMMENDS FOR MLB SPORTS BETTING IN INDIANA

Best MLB sportsbook in IN: PointsBet

2x risk free bets worth $1,500

The sportsbook has a great product for betting on any sports in Indiana. They also have a generous welcome offer.


MLB Sportsbooks: Moneyline Betting

Moneylines are the most common form of bet in almost any sport. A moneyline is simply backing who you think will win the game.

The favourite will be marked with the symbol (-) and the underdog will be marked with a plus symbol (+). If the team are considered even they might both be given a minus symbol. After this symbol your sportsbook will provide you with the odds.

    MLB Moneyline (ML) odds explained

    Minus moneyline odds

    Another way of understanding baseball money lines is to learn how to calculate potential winnings: which, after all, is what this is all about!

    Let’s use the same example as above where you place a $10 wager at moneyline odds of -200

    To calculate this you can use the following formula:

    • Winnings = (your stake / minus moneyline odds) x 100
    • Winnings = ($10 / 200) x 100
    • Winnings = (0.05) x100
    • Winnings = $5
    • Plus moneyline odds

    Plus moneyline odds

    Let’s say you put down a $10 wager on the underdog, the Brewers, at moneyline odds of +150

    To calculate this you can use the following formula:

    • Winnings = (your stake x plus moneyline odds) /100
    • Winnings = ($10 x 150) /100
    • Winnings = 1500 / 100
    • Winnings = $15
    An example of an MLB moneyline

    The Cardinals are playing the Brewers.

    The Cardinals are the favorites for this game and the Brewers are considered the underdogs.

    The Cardinals are given a moneyline of -200 and the Brewers are given a moneyline of +150.

    You have been analysing both teams’ recent innings, as well as the local weather conditions and expected line ups. You are confident that the Cardinals are going to win, so you decide to put down $10 on them.

    There are two potential outcomes:

    1. The Cardinals win. You receive your $10 wager back and $5 in profit ($15 total).
    2. The game ends in a draw or The Brewers win. The Sportsbook wins.

    MLB Sportsbooks: 5-Inning lines

    This type of bet is entirely unique to baseball, but it could be compared to betting on the first quarter of a basketball game or the first period of an ice hockey game.

    With this type of bet, you simply treat the first five innings of an MLB game as its own game.

    It is a moneyline bet - so you select a winner - that only applies to the first five innings.

    This type of bet is usually used by bettors who have analysed the starting pitcher as their influence on a 5-inning bet is greater than on a normal moneyline bet.

    Bettingscanner recommends for MLB 5-inning lines

    Best Sportsbook for MLB 5-inning lines: Fanduel

    up to $500 risk-free bet

    FanDuel has one of the best products on the market. It has an excellent of MLB bets to chose form but it really excels when it comes to 5-inning lines - they simply offer some of the best value odds.


    MLB Sportsbooks: run line betting

    This form of bet is very similar to a spread bet in football or basketball. In baseball, the run line is usually -1.5 or -2.5.

    This is a handicap attached to the favourite, as it means that they must win by 2 if there is a -1.5 run line or they must win by 3 if there is a -2.5 run line.

    An example of an MLB run line bet

    The Mets are hosting the Philies.

    The Mets are the favourites to win this match and having analysed their recent performances you agree with the market on this one. You also believe that they will win by more than 2, so you take a look at the run line.

    Your sportsbook are offering the following run line:

    The Mets -2.5 (-110)

    The Phillies +2.5 (+100)

    You decide to place a $10 bet on the Mets to win with run line of -2.5

    There are two potential outcomes here:

    1. The Mets win by more 3 or more. You get your original $10 wager back and $9.09 in profit.
    2. The Mets win but by less than 3. It ends as a draw. Or the Phillies win. You lose.

    MLB Sportsbooks: Alternate runlines

    This is a runline but the other way around. With an alternate runline the underdog and favourite trade places.

    This type of bet can be useful if you strongly feel that the underdog has been undervalued and so you want to increase your payout.

    Bettingscanner.com’s advice

    If you feel that the underdog will win, then think about betting on the underdog with a normal moneyline. If you feel that the underdog is greatly underrated and will win by some margin, you should think about an alternate runline.

    An alternate runline should also be a way of mitigating your risk when backing the favourite. If you do this, the odds may not offer much in terms of payout.

    An alternate runline will be offered by all reputable sportsbooks, but this option type might not be available for every single game

    MLB Sportsbooks: Over/Under or Totals

    This betting type is easy to understand. It simply forces you to choose whether you think there will be more or less runs, by both teams, than a predetermined number.

    An example of an MLB total bet

    The Angels are travelling to Seattle to face the Mariners and your sportsbook is offering:

    Over 9.5 (-110)

    Under 9.5 (-110)

    You don’t think there will be many runs in this match and you know that games are usually low scoring at the T-Mobile Park, so you see value in the juice for under 9.5 runs. So, you place a $10 wager.

    There are two possible outcomes to your bet:

    1. There are over 10 runs or over. The sportsbook wins.
    2. There are 9 runs or less. You win.

    MLB Sportsbooks: futures

    Finally some bets that do exactly what they say! They are long-term bets where you can back a team to win a division, or certain players to obtain certain accolades.

    Futures are popular during the offseason, the pennant races and post-season.

    Futures can be good bets to place if you feel that a team has played badly in the pre-season but will perform well during the rest of the season. If this is the case, the odds will be best the further away from the event you place the bet. As soon as the team or player you are backing begins to perform well again, the odds will shorten.

    All reputable sportsbooks will offer MLB futures, but as the season gets underway you will find that the odds become far less valuable.

    Betting on baseball in the US

    At bettingscanner.com MLB remains our favourite league to bet on over the long summer months. Whilst football, ice hockey and soccer players rest their feet over the summer, Baseball players are slogging it out all over the USA.

    Moneyline betting is the most popular form of sports gambling when it comes to the MLB and with 2,430 games in a season you’ve no shortage of options.

    Why we like baseball as a sport to bet on, is that there are so many factors that can affect play as well as an endless amount of statistics and analysis.

    This might seem like a headache to some, but with over a decade of experience with online betting, we can tell you that this just provides more of an opportunity to beat your sportsbook. The more information you have at hand, the more you can place an informed bet and in turn, increase your chances of winning.

    Until recently, betting on the MLB online has been difficult, but perhaps surprisingly, baseball has become a popular sport to bet on internationally.

    The sport is huge in Japan and South Korea where online sports betting has been popular for some time.

    Now that the US market has opened up, we expect the larger sportsbook to utilize their experience with online baseball betting in other parts of the world.

    We are also looking forward to seeing how the recent multi-year sponsorship deal between the MLB and Fox Bet will pan out.

    To put it simply, 2020 looks like a great year for betting on the MLB!

    Online Betting on the MLB World Series

    The acme of baseball betting is without a doubt the MLB World Series, a best-of-seven championship series.

    A popular form of bet for the World Series is to make a futures bet early in the year. If you fancy a team to win the series that have had a bad previous season or have a hit a bad run of form, that you consider as temporary, then this could be a good option for you.

    Another popular form of gambling on the World Series are moneylines, where you bet on the winner, or loser, of each match. Home field advantage plays a massive role in how sportsbooks set their juice. In the World Series, the team with the most wins during the season gets home field.

    With such analysis and focus going into the World Series we have noticed that many punters opt for proposition bets.

    These are bets that don’t fall into any of the categories we mentioned earlier. They are usually specific to a game and don’t ask you to predict the outcome of the game.

    An example of a world series prop bet could be; ‘Albert Pujols to hit a home run’.

    These type of sports bets have been popular in Europe for some years - it’s not uncommon for you to bet on a number of corners in a soccer match for example.

    This is also the time - around October/November - that a lot of baseball bettors like to dabble in a wager.

    Part-time bettors are great for sportsbooks, who will be up against inexperienced punters who will often bet based on emotion rather than logic.

    There will also be a load of new customer promotions popping up to entice people during the season’s biggest fixtures. For those experienced bettors, this is a great time to ride the wave and snap up some of the benefits offered.

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