Best MLB Betting Sites & Apps for May 2024 | MLB Online Betting Guide

Author Image Reviewed By Kevin Taylor GDC - Icon - Black - Info
Fact Check Icon Fact Checked by Daniel Smyth
Date IconLast Updated: 

 

MLB betting online is gaining popularity as states legalize gambling. Indeed, with online bonus bets, competitive odds, and baseball betting tips just a tap away, it's little wonder the most popular sport in America is a hit with bettors. Here at Gambling.com, we know the industry inside out and this guide will tell you everything you need to know about the best MLB betting sites. From what they offer to the ways you can hit betting homeruns, we cover it all. So, scroll down for our recommended US sports betting sites, baseball promos, and more.

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  1. Fanatics Sportsbook Discover Simplifies Your Betting Experience
    FanCash Feature Delivers Increase Value With Unique Rewards
    Industry-Leading Search Functionality Available
    Promo Code
    Tooltip
    not required
    Live Streaming
    Tooltip
    No
    In-Play Betting
    Tooltip
    9
    Bet Builder
    Tooltip
    Yes
    Cash Out
    Tooltip
    Yes
    First Bet Offer
    Yes
    Fanatics Sportsbook, in partnership with Genius Sports, launched BetVision, a unique live betting and streaming product for football games within their app.
  2. 6
    DraftKings Sports
    Established 2012
    More Details

 


 

Our Exclusive MLB Betting Bonuses Today

 

SportsbookMLB Betting SiteMLB Betting Bonus
DraftKings SportsbookBet $5, Get $200BET NOW
Caesars SportsbookGet up to $1,000 on CaesarsBET NOW
FanDuel SportsbookBet $5, Get $200 in Bonus BetsBET NOW
BetMGM SportsbookFirst Bet Offer Up To $1,000BET NOW

 

More MLB Betting Promos and Free MLB Bets



 

 

Best MLB Betting sites and apps

 

Which States Allow Legal MLB Betting?

 

STATEONLINERETAIL
Arizona Sports Betting
Arkansas Sports BettingComing 2022
Colorado Sports Betting
Connecticut Sports Betting
Delaware Sports Betting
Illinois Sports Betting
Indiana Sports Betting
Iowa Sports Betting
Louisiana Sports Betting
Maryland SportsbooksComing 2022Coming 2022
Michigan Sports Betting
Mississippi Sports Betting
Montana Sports Betting
Nebraska Sports Betting
Nevada Sports Betting
New Hampshire Sports Betting
New Jersey Sports Betting
New Mexico Sports Betting
New York Sports Betting
Oregon Sports Betting
PA Sports Betting
Rhode Island Sports Betting
Tennessee Sports Betting
West Virginia Sports Betting
Washington, DC Sports Betting
Wyoming Sports Betting


 

Finding the Best Baseball Betting Site and Apps

Sports bettors are used to assessing different variables in order to find the best prospects. These skills can also help you find the best MLB betting sites. Only by reviewing the following variables, can you get the latest promo code and gambling bonus offers, the best MLB betting odds, secure withdrawal options, and more.

 

Comparing the 3 Best MLB Sportsbooks

CaesarsBetMGMWynnBET
Year Established:202120182020
Welcome Bonus $1,250$1,000 No Sweat First BetBet $100 Get $100
Bonus BetsYesYesYes
MLB Bets Rating5/55/54/5
In-Play Betting
Bitcoin?
Payout Speed2-7 days2-7 days2-7 days
Live Chat?
Mobile App4/55/53/5

Decide where to make the MLB Best Bets:

 

Best MLB Betting Apps for Mobile

Betting SiteAverage Rating (ios + android)Download Now
FanDuel4.5/5Get Bonus
DraftKings4.5/5Get Bonus
Caesars4.4/5Get Bonus
BetMGM4.5/5Get Bonus

 

Best Online Baseball Betting Sites: Reviews Summaries

 

DraftKings MLB Betting

DraftKings Sportsbook offers a huge selection of preseason, in-season, and post-season MLB betting odds, including futures bets, prop bets, totals, and parlays. As well as MLB odds, DraftKings covers college baseball, and Japan's Nippon Professional Baseball (NPB) league.

MLB Draft Betting at DraftKings Sportsbook

DraftKings isn't just an MLB betting site. Unlike many of its peers, this operator also offers daily fantasy sports (DFS) contests. These free and premium contests cover everything from the MLB draft and the World Series, to player vs. player MLB betting matchups.

Caesars Sportsbook MLB Betting

Caesars Sportsbook is one of the best MLB betting sites for parlays. As well as offering competitive odds on professional and college baseball, this sports betting site lets you make same-game parlays. Add to this profit boosts, as well as baseball betting odds for the All-Star MLB game and spring training, and Caesars is a great place to swing for the fences.

 

FanDuel Sportsbook MLB Betting

FanDuel not only offers betting odds for every college and MLB game, it also has DFS competitions. On top of this, FanDuel Sportsbook has a variety of bonus bet promotions, and you can make early cashouts (i.e. you can end bets and receive a payout before their natural conclusion).

 

BetMGM MLB Betting

Parlay Plus is one of the main reasons BetMGM is ranked among the best sportsbooks for Major League Baseball betting. However, there's more to this sportsbook than 40% profit boosts. As well as betting lines for MLB games, college baseball, and international pro leagues, BetMGM provides a constant stream of tips. From statistics to experts insights, you'll be able to devise your own MLB betting strategies at BetMGM.

How to Sign up at Online MLB Betting Sites

 

  1. Read our online betting site reviews. *Note: we only review legal sports betting sites.
  2. Choose one or more MLB betting sites.
  3. Use our secure registration links to create an account/s with your chosen baseball betting site/s.
  4. Complete the sign-up process and use our exclusive promo code, if necessary. *Note: you'll need to be 21+ and in a state that offers legal online sports betting.
  5. Use the last four digits of your Social Security Number to verify your identity.
  6. Allow the sportsbook's geolocation software to verify your location.
  7. Complete the registration process, make a deposit, and claim bonus bets available to new sports bettors.


 

MLB Betting Lines Explained

MLB money lines at NJ sports betting sites, for example, are based on positive and negative figures and indicate how much money a bettor must wager to win $100 or how much a $100 bet would win. Negative numbers indicate how much you must bet to win $100. For example, if Boston has a money line of -140 it means you must bet $140 to win $100.

Positive numbers indicate how much you'd win from a $100 bet. So if Baltimore has a money line of +160, it would mean a win of $160 on a $100 bet. To work out how much you'd win on a different bet amount, you just have to scale the figure up or down proportionally. So a $1 bet at -140 would pay out $1.40.

What is the Juice at the Top MLB Betting Sites?

All MLB online bets will have an inbuilt fee. This fee is known as the "juice," or the "vig," and it's the price a bookmaker charges for offering a bet. You can see the juice for MLB bets online by comparing two lines. This can be seen on sites for PA sports betting for example. 

If a betting market had even odds for both outcomes, there wouldn't be any juice. For example, odds of +150 and -150 effectively cancel each other out because you could bet on both sides and break even. However, if there's a discrepancy, you can't do that.

For example, if the Cubs are +150 and the Phillies are -170, you can't break even by betting on both outcomes. This dynamic is standard within the sports betting industry and it's where bookmakers make a profit. However, that doesn't mean you have to pay over the odds.

The best online baseball betting sites offer generous MLB wagering conditions. However, rather than relying on one bookmaker for competitive odds, you can use multiple betting sites. Doing this allows you to find the best prices and, in turn, pay the smallest fees.

See: How Betting Odds Work

 

Popular MLB Bets

Moneyline vs Spread Betting on MLB

Moneyline wagers are the simplest way to bet on the MLB because you only have to pick the winner of a game. In other words, it's either X or Y. Making spread bets on MLB games requires a bit more consideration.

Why? Because run line bets, as they're also known, require you to think about a team's margin of victory. Basically, you're betting on whether or not a team will score more runs than a predetermined line.



 

How to Bet on MLB Games Online

  1. Join one of our top-rated baseball sportsbooks to bet on the MLB.
  2. Make a real money deposit.
  3. Search through the latest baseball betting odds.
  4. Choose a bet e.g. moneyline, prop, point spread etc.
  5. Tap the odds next to your pick.
  6. Enter your stake in the bet slip.
  7. Confirm the bet and lock in your real money wager.

 

Best MLB Teams to Bet on this Season

Team Factors to Consider When Betting MLB

Best MLB Players of 2024

 

Player Factors to Consider When Betting MLB:

  1. Streaks and Slumps - It's often joked that star batters only need to get a hit "30 percent of the time," as batting above or around .300 is considered a threshold for consistent success and often a benchmark for All-Star status. With that in mind, many players do not bat .300, so it's important to consider slumps and hot bats when picking teams. Some players tend to start every season in slumps and get up to speed as the season progresses. If a team's star is in the midst of a slump, that should put them at a disadvantage until they are able to break out of that slump. Likewise for pitchers who may have put up a few bad performances, or might be currently overperforming or on a hot streak. With so many games over the course of the season, individual slumps and hot streaks are pivotal when picking, as season-long consistency is often an exception and not the norm.
  2. Pitching Depth - Generally teams with deep pitching rotations tend to do well over the course of a season. A pretty good rule of thumb when picking strength against strength is that the best pitching can often neutralize the best hitting. Teams that are solid in both regards are obviously solid bets. However, at times teams that struggle offensively but have strong pitching can defeat offensively powerful teams by playing "small ball," which means stringing together a few hits with smart baserunning to "manufacture" enough runs to win.
  3. Pitching Matchups - A day in which two "aces," or top pitchers, for each team square off might be considered a pitchers' duel and therefore be a low-scoring affair. These would be solid times to consider the under bet for total runs scored. Oftentimes throughout the season mismatches with middle-of-the-rotation starters against aces will often provide a good idea of teams to bet on.
  4. Pitching Matchups v Lineups - When analyzing an upcoming game, it's beneficial to look at how a particular pitcher has matched up historically with batters in the lineup they'll be facing. Some pitchers dominate some lineups, while likewise some batters do better than anyone else against a particular pitcher. When a lineup is facing a pitcher for the first time, particularly during an MLB debut for the pitcher, it can be difficult for hitters to know what to expect and lead to a day of struggling at the plate.
  5. Young Rosters vs. Old - Older players tend to be easier to predict than younger players, and younger teams have a greater upside than teams full of veterans. A young roster with breakout candidates can have a much higher ceiling for example because of a lack of expectations, whereas older players often carry expectations due to past performances and tend to trend downwards in terms of production as they edge closer to retirement. This is not always the case, as a good blend of young and old players can prop up older players by giving them protection in lineups and alleviating individual pressure.


 

Betting MLB Playoffs and World Series Betting

The MLB playoffs are postseason matches featuring the top teams from the American League Championship Series (ALCS) and National League Championship Series (NLCS). The winners of each playoff series compete in the season finale, known as the World Series.

Given the significance of these postseason games, playoff and World Series betting is big business for US sportsbooks. As well as betting lines for every playoff game, you can take advantage of special promotions, including bonus bets, odds boosts, and parlay insurance. Basically, you'll get more MLB odds and offers during the playoffs than any at other point in the season.

Best World Series site/app: Caesars

 

 

Highlights:

✅ Best baseball odds

✅ Live betting and live streaming

✅ Bonus bets, profit boosts, loyalty scheme

✅ Odds for MLB and college games + and international leagues



 

Pros and Cons:

Advantages
Reputable brand with world-class software
All types of MLB, playoff, and World Series bets
Excellent loyalty program
Disadvantages
Some bonuses could be more lucrative
Website could be more aesthetically pleasing

Making Deposits and Withdrawals

The minimum deposit and withdrawal for most top-rated MLB betting sites is $10. Some operators have a minimum cashout of $20, but anything within these ranges is impressive. In terms of payout speed, you shouldn't have to wait more than 72 hours for withdrawal requests to be processed. Naturally, the sooner requests are authorized, the sooner you'll get your money.

Finally, you should be offered a variety of reputable deposit and withdrawal options, including Visa, MasterCard, PayPal, Play+, PayNearMe, and ACH. Assuming these things are in place, you can make payments by following these steps:

  1. Join one of our recommended MLB betting sites by clicking BET NOW.
  2. Complete the registration process and log in.
  3. Go to the cashier page and choose a secure payment option.
  4. Enter an amount equal to or greater than the minimum limit.
  5. Confirm the transaction and wait.

Deposits will be processed instantly. You will have to provide copies of your ID before your first withdrawal is processed. This is so the security team can verify your identity.

 

Payment Methods at the Best Baseball Betting Sites

 

Payment OptionDepositWithdrawalWithdrawal Time
PayPal1-3 days
VisaN/A
MastercardN/A
Play+1-3 days
ACH Bank Transfer/eCheck1-5 days
PayNearMeN/A
Cash at the CageWithin 24 hours
Check2-10 days days

Betting on MLB Crypto Online

Betting crypto on MLB and baseball isn't something you can do at our recommended sportsbooks. There may be ways to bet Bitcoin Cash, Ethereum, and other cryptos in the future. However, for the time being, licensed sportsbooks in the US don't offer MLB cryptocurrency betting.
 



 

Pros and Cons of Real Money MLB Betting Sites

Advantages
Plenty of promotional offers and bonus bet stakes
Live betting and live baseball streams
MLB betting stats, results, and tips
Desktop and mobile betting
Legal sportsbooks with fair odds and guaranteed payouts
Disadvantages
Not much coverage of international baseball outside of the US
Some bonuses have high playthrough targets
No legal sports betting sites accept cryptos like Bitcoin Cash (yet)
MLB betting rules aren't always the same at every site

Top MLB Betting Tips and Strategy to Remember

With 2,430 regular-season games played every season, there are a multitude of chances to bet on baseball from April to early October. The timing of these games can play a huge role on the outcome as teams with division titles locked up could rest players, and teams in the playoff hunt could face increased amounts of pressure.

The "spoiler" factor in which a team that has no stake in the postseason may take pride in eliminating another teams' chances is also something to consider as the season progresses. Teams with no pressure can sometimes outdo teams with loads of pressure, as has been seen quite a few times in MLB history in playoff races.

One newer aspect of the game that has led to greater levels of competition is the introduction of the Wild Card Game. Rather than having three division winners and the "Wild Card team" with the best remaining record, it was decided that two teams in each league would play a one-game playoff to determine who takes part in the five-game Divisional Round.

Having a 162-game season come down to one game is both an exciting and completely nerve-wracking proposition, and while it has allowed for more teams to compete for the playoffs, it has put a much greater emphasis on winning your division, which has been great for maintaining a consistent level of competition throughout the year.

How popular is Betting on MLB Online?

Betting on baseball has been popular for decades and, now, thanks to the internet, it's something everyone can do. As long as you're 21+ and in a state that offers legal sports betting, you can enjoy baseball online in a variety of ways.

The top MLB sportsbooks offer something for everyone. For those seeking extra value, you'll get online free bets promos, enhanced odds, and profit boosts, when you bet on baseball online. For those that want comprehensive coverage of the MLB games, the World Series, college baseball, and international events, online bookies have got you covered.

Finally, you can make real money bets for less than $1 in a safe and secure way. From MLB betting over/under odds, props, futures, and more, you can bet on a baseball betting game in multiple ways. For all of these reasons, online MLB sportsbooks offer the best way to bet on baseball.



 

Why Bet on MLB Games using Gambling.com?

  1. Exclusive bonuses and promotions to get you started
  2. Many different online sportsbooks compared for each MLB bettor
  3. All our recommended sites are thoroughly reviewed and tested - we only rank the best

You've come to the right place. We offer reviews of and odds from fully-licensed, legal bookies proven to be reliable. That means we have ZERO offshore bookies featured. So you can be 100% confident in our best MLB betting sites reviewed and recommended by our experts. Keep in mind, you don’t need to pick just one MLB betting site. Multiple accounts means being able to compare baseball betting odds and promotional offers during MLB season.

MLB Sports Betting Online Glossary:

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Updated by GDC - Icon - Black - Info

Kevin Taylor

Fact Checked by

Daniel Smyth
Last Updated Icon

Last Updated:  

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