30 teams play in the league and are divided into the National League and American League.
The leagues each have 3 divisions and play a total of 162 games throughout the regular season.
These seasons last from late Autumn through to Spring, and each season concludes with the playoffs.
With so many games packed into each season, there is no shortage of betting possibilities.
Betting on baseball is not limited to simply picking which team will win.
Good game coverage can only mean more betting markets.
With hyped fixtures, you will tend to find even more bets on offer with fantastic prices.
If you watch MLB games frequently or know the clubs, you will have a slightly better edge.
Outrights
This bet differs from the other markets on this list.
The main outright bet is which team will win the World Series.
Outrights will be available both before the start of a season and once the season is in play.
As a rule of thumb, the longest odds on the favourites are usually best before the season begins.
Moneyline
A moneyline is a bet on the winner of a single game.
The team that has the shorter odds will be the favourite to win.
Runline
A runline is the baseball equivalent of a point spread.
Alternative Runline
As a side note, there may be more runlines to explore.
These take the same concept of adding or subtracting runs from your chosen team’s final score.
Total
Totals are bets that are not affected by which team wins the game.
Instead, they are related to how many runs are made during the game.
In the total runs market, you will find each bet has a betting line.
This may be a line of 7.5, 8.5, 9.5 and so on.
For each line, there is a bet for over and a bet for under.
A bet for under will require the game to finish with a number of runs under the line.
You may find numerous betting lines, each with bets for over and under.
This is because there is a great chance of it happening.
A push will result in your bet being refunded, so you will not lose any money.
Props
With props, your baseball knowledge will be invaluable.
These wagers can relate to all sorts of events that may or may not happen during a game.
There may be bets that pitch the two sides against each other.
Props may vary from game to game.
Live Bets
Live betting is extremely popular and for good reason too.
These wagers can be placed at any time during a game, and they are offered with live odds.
All the standard pregame betting markets will be available as live bets.
Live betting also opens the possibility to bet on events that you may not find in pregame markets.
As only one team can score at a time in baseball, its live betting is quite unique.
Whilst there is no way of knowing which bets will win, you might always experiment with your bets.
Props are also highly useful, but only if you know what you are doing.
When looking for your bets, always remember that the best bet is no bet.
However, the decision is yours at the end of the day.
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