Today’s MLB Odds & Betting Lines
for Aug 6, 2024 TotalsGame Time
Betting Lines
Odds Format
MLB Odds
Tuesday, August 6, 2024
Time
Rot
WAGERSOPENER
70%
30%
O 8-105
U 8-115
45%
55%
O 8-115
U 8-105
43%
57%
O 9-105
U 9-115
77%
23%
O 8.5-115
U 8.5-105
7:20 PM EDT
50%
50%
O 8.5-115
U 8.5-105
56%
44%
O 7.5-115
U 7.5-105
76%
24%
O 6.5+100
U 6.5-120
56%
44%
O 8-120
U 8+100
68%
32%
O 9-110
U 9-110
63%
37%
O 11-105
U 11-115
58%
42%
O 8-115
U 8-105
62%
38%
O 7.5-105
U 7.5-115
69%
31%
O 8.5-105
U 8.5-115
Recent News
MLB World Series odds 2025
It's never too early to start looking at the MLB World Series odds; here's a breakdown of the top contenders as we move through the 2024-25 offseason (odds updated Dec. 11):
| Team | Odds | Implied Probability | Profit on $10 Bet |
|---|---|---|---|
| Los Angeles Dodgers | +370 | 21.28% | $37 |
| Atlanta Braves | +800 | 11.11% | $80 |
| New York Yankees | +800 | 11.11% | $80 |
| New York Mets | +900 | 10.00% | $90 |
| Houston Astros | +1000 | 9.09% | $100 |
| Philadelphia Phillies | +1200 | 7.69% | $120 |
| Baltimore Orioles | +1400 | 6.67% | $140 |
| San Diego Padres | +1500 | 6.25% | $150 |
| Cleveland Guardians | +2200 | 4.35% | $220 |
| Minnesota Twins | +2500 | 3.85% | $250 |
Popular MLB futures odds
Both casual and die-hard baseball bettors can wager on their beloved sport all year round. Here's a look at the most popular MLB futures odds we cover at Sportsbook Review:
- World Series Odds
- World Series MVP Odds
- MLB MVP Odds
- MLB Rookie of the Year Odds
- Cy Young Award Odds
- Home Run Derby Odds
- MLB Win Totals
How to use our MLB odds tables
Whether you're a rookie bettor eager to understand MLB odds tables, or a seasoned player aiming to maximize your wagering experience beyond perusing our MLB best bets, we've got everything you need right here.
Our MLB odds page showcases top-rated sportsbooks in your area, offering the most up-to-date odds for every game and futures market. Want to gain an instant advantage? Keep an eye out for odds highlighted in blue—they mark the best value for a particular wager.
Each set of game odds includes three important additional features:
- The Favorite feature (indicated by a star to the left of the team names) lets bettors prioritize specific matchups on their main Odds page; simply click the star, and that game becomes a favorite.
- The Matchup feature (indicated by the word "Matchup" to the right of the star) is a stathead's delight, transporting interested bettors to a page fully devoted to trends, comparisons and other game details for the game in question. Best of all, the Matchup page includes the best values for spread, total and moneyline plays.
- The Odds History feature (indicated by parallel wavy lines to the right of the Matchup link) takes bettors through every major odds development since the lines first opened. Players can alternate between a variety of sportsbooks and quickly identify every time the spread or total shifted.
How to read MLB odds
MLB odds might look overwhelming to newcomers, but we’re here to simplify betting on one of the most popular sports leagues. Here’s a quick guide to understanding MLB odds:
In moneyline betting, you'll typically see a favorite (the team expected to win) and an underdog (the team expected to lose). The favorite will have odds with a minus sign, like -150. This means you need to bet $150 to win $100, as the favorite is considered a safer pick. On the other hand, if the underdog has +125 odds, a $100 bet would win you $125, since it’s a riskier play according to oddsmakers.
When it comes to run lines and totals, you'll often see odds at -110, which is common for MLB bets considered more of a toss-up. In this case, you would wager $110 to win $100, and the payout is the same regardless of which side you pick. The reason the odds aren’t exactly even is due to the “vig” – the small cut sportsbooks take for accepting the bet.
For more details on moneylines, run lines, and totals, check out the next section.
How to Bet on MLB
MLB fans have 2,430 regular-season games and a full postseason slate, culminating with the World Series. Every game offers countless betting opportunities, from pre-game to in-game markets. Here’s a breakdown of the main types of MLB bets:
Run Line Betting
The run line is MLB’s version of the point spread. It’s typically set at 1.5 runs to balance the odds between two teams. If you bet on the favorite at -1.5, they must win by 2 or more runs for your bet to cash. Conversely, if you bet on the underdog at +1.5, they just need to lose by 1 run or win outright.
Moneyline Betting
Moneyline betting is straightforward: you pick the team you think will win the game, regardless of the margin. However, payouts vary. Betting on a heavy favorite will require a larger wager for a smaller return, while betting on an underdog offers higher payouts but with greater risk.
Our comprehensive guide to moneyline betting answers a lot of additional questions novice players might have about this bet type.
Totals (Over/Under) Betting
In totals betting, you wager on whether the total number of runs scored in the game will be over or under the line set by the sportsbook. MLB also offers totals betting for individual team stats, such as total runs or strikeouts, and even player-specific totals.
Looking for more? Check out our guide to over/under betting.
Prop Betting
Prop bets focus on specific in-game outcomes rather than the overall result. You can bet on individual player performances (e.g., how many strikeouts a pitcher will get) or team milestones. With countless options per game, prop betting is ideal for fans who follow specific aspects of the sport closely.
Having access to multiple prop betting sites is an easy way to ensure that you're always getting the best MLB player props each day with the best odds for a given prop bet.
Parlay Betting
A parlay combines multiple bets into one, offering higher payouts but requiring all your selections to win. In MLB, you can parlay multiple games or even different bets within the same game (same-game parlays). While parlays are popular, they are also riskier, as one wrong outcome means the entire bet loses.
Our guide to parlay betting provides more info on parlay bet types, how to understand parlay odds, and strategies for parlay wagering.
Futures Betting
Futures bets allow you to wager on season-long outcomes, like picking the World Series champion or individual awards. These bets can be made months in advance, and many sportsbooks now offer the option to cash out early if the odds shift in your favor.
How to choose MLB betting sites
Knowing baseball is only part of what will make you a successful MLB bettor.
Just like making any important purchase, shopping around for the friendliest MLB odds can make a huge difference. Here are some tips to help you find the best MLB betting sites:
- Prioritize quality of odds: You want access to sportsbooks that consistently offer the best MLB odds, with clear displays so you can easily compare prices and find the best value.
- Leverage bonus offers: Take advantage of the best sportsbook promos, especially at the start of the MLB season and/or playoffs. BetMGM bonus code, FanDuel promo code and DraftKings promo code offers are among the strongest you'll find.
- Consider sportsbook reputation: Selecting the right sportsbook can be daunting. Check their commitment to customer safety and responsible gaming. Our responsible gaming guide highlights how major sportsbooks prioritize player protection.
- Trust expert reviews (like ours): If you're unsure about a sportsbook, let expert reviews guide you. Sportsbook Review has tested and rated dozens of top MLB betting sites, so whether you're keen on finding the best parlay betting sites or looking for a review of a top-tier platform like bet365, we have you covered.
Promos for MLB Betting
Want to get in on the action? Check out our guides covering the best sportsbook promos and welcome bonuses from the best sportsbooks and betting sites in the industry:
We also have the best sportsbook promos by state, including Ohio sportsbook promo codes, Colorado sportsbook promo codes, PA sportsbook promo codes and NJ sportsbook promo codes.
FAQs
It tells you that you will need to place a $110 bet in order to make a $10 profit. You will often see -110 on over and -110 on under in the baseball lines on totals. It means you win a $9.10 profit from a $10 bet on either outcome. That allows the sportsbook to make a margin on both sides of the MLB betting lines. Some offer -105 instead of -110. They are known as reduced juice MLB lines.
That refers to the run line. It gives the supposedly weaker team a +1.5 run head start in a game. If you decide to back that team to cover the run line, it must either win the game or only lose by a single run in order for your bet to pay out.
Check the MLB daily line and find something that appeals to you. Make sure you do plenty of research before placing a bet, factoring in the head-to-head records between the teams, injury concerns, motivation levels, home advantage, fatigue and so on. You might also like to check out some experts’ MLB picks. Then choose a team to win on the moneyline or the run line, or opt for a totals bet, a prop bet or a parlay. Choose your stake and place a bet. If your prediction is successful, you will generate a profit and your account will be credited. Try not to simply bet on your favorite team to win. A Mets baseball fan might decide to back his team each week, but you need to bet with your head rather than your heart.
This is a common question for anyone that wants baseball odds explained. It refers to the run line, which gives the favorite a 1.5 run handicap. If you bet on that team to cover the line, it must win by 2 or more runs. The Las Vegas MLB lines are always eagerly anticipated, as Las Vegas MLB odds often set the trends for other sportsbooks.
This is a simple wager on the team that will win a particular game. Oddsmakers set a price for each team based on head-to-head records, the caliber of the roster and how well they are playing. You then choose which team you think will win and bet on it to cover the moneyline.
This means you will earn $200 in profit for every $100 you wager if that prediction turns out to be correct. Your stake is also returned if your bet wins, so you would be handed back $300.
The runline is a handicap spread that gives the weaker team a 1.5 run head start in order to skew the odds.
The run line is a form of spread bet. However, baseball is a much lower scoring game than football or basketball, so you will not find a large point spread, with odds of -110 on either outcome.
If it starts with a plus symbol, it tells you how much you will win from a $100 stake. If the line starts with a minus, it informs you of the amount you need to wager to earn a $100 profit. You might see decimal or fractional lines, but you can easily convert them into an American format with an odds calculator.
Sportsbooks calculate the probability of a team winning a game, covering a run line, winning the World Series and so on, and then devise betting odds. The books factor in a margin for themselves. These lines will change based on how popular a team is with the betting public. You will also find MLB live betting sites, which allow you to bet on the action in play, with the lines constantly shifting. You often see Vegas odds MLB quoted in the press, as MLB Vegas odds have been popular for years, but many more states have now legalized sports wagering.