MLB Betting: FAQs

Baseball has been around for years, a hugely popular sport with fans of all ages. Great to play and to watch, baseball is also perfect for those who enjoy betting.

Founded in 1869, the MLB is the oldest of all the pro sports leagues in both Canada and the US. If you’re thinking of participating in MLB betting, here’s a run through of some of the most frequently asked questions.

The weather can influence the outcome of an MLB game, either tilting it further towards the favourite or evening up the match. Understanding the likely impact of the weather can help you find bets with higher odds where there could be an upset. High temperatures, the position of the sun, strong winds and rain can all make a difference to how an MLB team plays.

The favourites have a greater probability of winning, but that doesn't mean the outcome is guaranteed. Overall, the favourites usually win approximately 57% of the time, which means they lose 43% of the time. You'll win less by betting on the favourite than you will on the underdog, so even if you win on fewer occasions, you could still win MORE overall by betting on the underdog in every game.

No one wins every sports bet, even the professionals. It's all about managing your budget effectively and knowing when to take a long shot and when to stick with a safer bet. Losing a wager sometimes makes the wins even more satisfying!

The more knowledge you have about MLB, the better chance you will have of predicting the correct result. However, the exception to that rule is when it involves the team you support. Although you might have excellent knowledge about their strengths, weaknesses and players, it's tough to be objective about their chances of winning. There is a general consensus that it's best to avoid any bets involving your own team if you want the maximum chance of a payout.

Baseball is usually expressed as American odds rather than decimal or fractional odds. The concept is the same, but it's just written a different way. For example, 1/5 is the same as -500. Some sites may allow you to choose the type of odds you want to see when you are betting. However, even if not, it's a fairly easy system to get the hang of.

No. The MLB prop bets are some of the most popular MLB bets placed in every game, and these cover a wide variety of different areas. Prop bets could include the most saves, stolen bases, runs, hits or strikeouts or, in the longer term, including rookie of the year, MVP, or even the team to win the World Series final. If there's something you want to bet on within MLB, the chances are that you'll be able to!