The favorite is the team that is expected to win the contest, and conversely, the underdog is the team that is expected to lose. Almost every single game will have a favorite team and an underdog team.
MLB moneyline bets simply require a bettor to select the winner of a particular contest.
The most common betting types that you will encounter with MLB are: Understanding the various types of MLB bets, and how they payout, is a must before placing a wager with any confidence. If you are ready to bet on baseball, make the most of it with the valuable BetMGM bonus code. We will use the odds table between the Houston Astros and Arizona Diamondbacks as an example throughout this guide. This MLB betting guide will give you the foundational information that you need to understand basic betting terminology, interpret game odds, and utilize moneylines to help you make educated MLB picks each week.
If you’re new to sports betting, or specifically MLB betting, our standard odds tables may be a bit overwhelming.
