MLB Prop Bets 2024
MLB props are a type of wager that online sportsbooks offer to all bettors. These types of bets are focused on every aspect of the game of baseball, from the actual gameplay to the off-the-field situations. Props have an endless range, giving another way to win money betting on baseball. Though some of today's MLB props are game focused, others are silly, bringing extra fun.
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Betting on MLB prop bets today is quite easy. MLB props can have two choices to select from, or they can offer a few options with increased odds and payouts. Different bettors prefer different ways to bet on the MLB... so don't think one way or the other is "better". Find your strategy, dive into the props where you can find MLB stats for support, and follow along to the ones you're interested in.
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Types Of MLB Props
- A macro summary of the types of MLB props:
1. MLB Player Props
- Hits: Betting on the total number of hits a specific player will achieve in a game.
- Runs: Predicting the number of runs scored by a particular player.
- RBIs (Runs Batted In): Wagering on the total RBIs produced by a player during a game.
- Home Runs: Betting on the number of home runs a player will hit in a specific game.
- Total Bases: Wagering on the combined total bases of a player, considering hits and extra bases.
- Strikeouts: Betting on the total number of strikeouts by a specific pitcher.
- Wins: Predicting whether a pitcher will be credited with the win in the game.
- Walks: Betting on the number of walks a player will draw in a game.
- Strikeouts: Wagering on a player's strikeout total, showcasing plate discipline.
- First to Score: Predicting which player will score first in the game.
- First Inning Performance: Betting on a player's performance specifically in the first inning.
- Next Hit/Run: Betting on which player will achieve the next hit or score the next run.
- Next At-Bat Outcome: Wagering on the outcome of a specific player's next at-bat.
- Head-to-Head Stats: Betting on which of two specified players will have better stats in a particular game.
2. MLB Team Props
- Hits and Errors Prop: This prop focuses on the total number of hits or errors made by both teams in a game.
- Team to Score First Prop: Betting on which team will score the first run in the game.
- Odd/Even Runs Prop: Predicting whether the total number of runs scored in a game will be an odd or even number.
- YRFI Vs. NRFI: Wagering on the number of runs scored in the first inning of the game. A NRFI (no runs scored in the first inning) is quite the popular bet.
- Team Performance Prop: Involves predicting a team's overall performance over the course of the season, such as regular-season wins.
- Series Outcome Prop: Betting on the outcome of a series, predicting which team will come out on top.
MLB Season Prop Bets |
MLB Draft Prop Bets |
With long term MLB propositions, bettors will have options as to who will lead statistical categories when the season is over. These types of bets can be made before the season begins, and some sportsbooks even allow for bettors to access these odds again during the season (though the long-term MLB prop odds will have definitely changed).
Which MLB player will hit the most home runs in the 2023 season?
While these are only the top-3 candidates for this MLB prop, bettors can bet on other MLB players. In some cases, sportsbooks will allow players to request a certain player's odds. If the player is not listed on the board, chances are that they will come with monstrous odds when requesting the MLB prop. Players like Jose Abreu were +10000 and higher before the 2020 MLB season began, while 2020 Home Run Leader Luke Voit would have required a request from the sportsbook. Comparative PropsFocused on two players, comparative prop bets are commonly associated as spreads. These types of MLB bets can be a pick 'em or come with a handicap, but are generally straightforward.
Which pitcher will have more strikeouts?
Notice that Scherzer is favored to have more strikeouts, but a tie is more likely to occur than Verlander outpacing Scherzer. Some sportsbooks will offer this MLB prop bet without the tie as well. Betting MLB AwardsThe MLB offers a few prestigious awards to players every season and bettors will have many opportunities to bet on the 2023 MLB MVP odds as well as other awards. The Cy Young odds are our favorite here, but the list continues into MLB rookie of the year odds, manager of the year lines, and more.
2023 MLB AL MVP Odds
Notice that the odds for the MLB MVP in the example above are just for the AL. With two leagues, there is an also an entire duplicate set of these bets, just focused on the NL betting award odds instead. |
MLB Draft props as ones that only focus on a single event, but extend across the entire event. This could be as simple as guessing a word said in the weekly broadcast leading up to MLB Draft or an even as grandiose as betting the first pick of the MLB Draft. Don't expect to see much more than the first MLB pick odds all season long, but once the draft arrives, this category can offer hundreds of baseball bets.
Who will be drafted first in the 2023 MLB Draft?
Despite being a strong favorite, oddsmakers often know the results of a single situation better than most anticipate. Take an example from a few years ago: when Spencer Torkelson's odds were as high as -2000. But many years come with better payouts and opportunities. Every MLB event like the Draft will have prop bets so the options to bet on baseball are endless, seriously changing your baseball betting strategy. Moneyline PropsProps that use the moneyline are often the simplest of propositions but can be tricky regarding the payout. Once you learn the ratios associated with betting lines, these types of MLB props come easy.
Which player will record a stolen base first?
With just a moneyline, bettors have the option of betting on the risky or the most likely. These types of bets can have two or more options and as the choices increase, so do they odds of the prop's underdogs. MLB SpecialsWhile they come at random times, MLB special prop bets can be a great way to win money. Anytime something is happening in the MLB news cycle, expect to see odds relate. This includes MLB spring training betting odds, which player will get suspended or hit by pitch the most, which company will buy an MLB franchise, and more.
Cleveland Indians Odds For New Name
Some of these wagers will be an over-under line, where a simple straight wager is in play. Other times, odds can extend past +10000 with many choices. The Guardians odds sat at +1000 before being selected after the favored Spiders and Baseball Team. This may be an older example, but stay current on news for MLB special bets to stay ahead of the oddsboard. |
MLB Margin Of Victory PropsMargin of victory prop bets just require selecting the exact number that a game is won by. Extended odds allow for longshots due to the variety but this ways to bet MLB often come with major losses due to its randomness. But, hitting the right baseball bet can be rewarding!
Minnesota Twins by 4 or More Runs +300 Kansas City Royals by 4 or More Runs +325 Kansas City Royals by 1 Run +500 Minnesota Twins by 1 Run +700 Kansas City Royals by 2 Runs +750 Minnesota Twins by 2 Runs +800 Kansas City Royals by 3 Runs +900 Minnesota Twins by 3 Runs +900 |
MLB Prop Betting StrategyFinding the perfect MLB betting strategy for prop bets isn't hard. In fact, prop bets often have lower max limits, disallowing bettors to make any major cash on one prop. Regardless, everyone has their own baseball betting strategy. Some sharps live and die by their analysis while others take each betting line to its own merit. Still, when betting on the MLB online, stick with the baseball betting strategies that are easy.
Is there a quantifiable stat?... or is the betting line just a toss up that could go either way without any difficulty. No baseball strategy or tips for betting is an instant winner, but having a consistent mindset goes a long way in winning MLB prop bets. |
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How Do MLB Odds Work? Understanding how odds and MLB prop bets work is easy and once you get the hang of it. Bets that are on the moneyline with a negative (-) number are often the favorite. The higher the negative, the more likely to occur. A betting line of -185 means a bettor must risk $185 to win $100 in profit. Some favorites can be at -200 or higher depending on today's pitchers and recent baseball trends. When betting the MLB underdog, the payouts can draw you in. To the opposite of the favorite, betting on odds of +185 mean that laying $100 will win $185 in profit.
2024 World Series OddsBaseball betting sites will offer odds on who will win the World Series and even odds take make the World Series. While these MLB futures odds are always changing, they get settled in once the top teams prove themselves as elite. Taking a bet on an MLB longshot might seem like a great idea because of the payout but most of the times, the baseball odds represent who is the most likely to win the World Series. Using chalk picks or consensus baseball odds can help determine the real value of an MLB futures bet. No matter what, be sure to shop lines when betting World Series odds. The small variances between multiple sportsbook allow for a much higher betting return over the long run!
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Favorites To Win 2024 World Series (03/08/2024)
Odds provided by: BetOnline Sportsbook
Team |
Odds |
LA Dodgers |
+325 |
Atlanta Braves |
+525 |
New York Yankees |
+800 |
Houston Astros |
+900 |
Baltimore Orioles |
+1100 |
MLB All-Star Weekend Prop Bets
With MLB All Star Weekend taking place in early July, the MLB All Star odds will have baseball betting players active at the books. Dozens of MLB prop bets are available on the game, but the real fun is what happens before the actual All Star Game. Betting on the Home Run Derby is possibly the best and most fun way to bet on baseball. Pick a winner like a bet on Shohei Ohtani at the Home Run or find longer odds as well down the line. Bet the longest HR at the Derby, each matchup, and more. This is for one of the many ways to get involved in the MLB All Star betting weekend.
Live Betting On The MLB
Even with games having already started, the MLB betting action doesn't stop. With online sportsbooks offering constant betting odds, this allows MLB fans to find even more bets on the live and in-play betting slate. Each MLB betting site will have their own live betting platform that is slightly different from the outlook, display, user interface, and actual bets offered. This takes a minute to find the one that is best for you, but once you figure out your favorite MLB sportsbook, engaging in the live MLB betting lines is the next step of fun. Be sure to bet extremely quickly and pay attention to the game, as these in-play betting odds change quickly and can offer insanely long odds under the right circumstances.
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Baseball Statistics
Knowing baseball statistics is important, especially when betting on game or MLB player props. While baseball is known for its sabermetrics and incredibly detailed list of baseball stats, there are only a few that bettors really need to hold on to. Again, each bettor is different and will value different stats for their betting needs; however, it is important to use the free information when betting on baseball. Some outlets charge for valuable baseball statistics but some find the using MLB stats when gambling from the MLB main website is best.
For more advanced baseball stats for betting, sites like FanGraphs host score projections, baseball previews, and resources that are extremely useful. Whether betting on team or player prop bets or just the MLB betting line of the day, FanGraphs should be saved in every bettor's bookmark. Aside from the two aforementioned sites, using Baseball Reference can provide even deeper stats for MLB player props, matchup histories, and pitching information that would take hours to compile yourself. Be sure to use all of these resources for free MLB betting help.
For more advanced baseball stats for betting, sites like FanGraphs host score projections, baseball previews, and resources that are extremely useful. Whether betting on team or player prop bets or just the MLB betting line of the day, FanGraphs should be saved in every bettor's bookmark. Aside from the two aforementioned sites, using Baseball Reference can provide even deeper stats for MLB player props, matchup histories, and pitching information that would take hours to compile yourself. Be sure to use all of these resources for free MLB betting help.
Advantages And Disadvantages Of Prop Betting
When it comes to prop betting, many overlook this aspect simply because of what they entail. While it is rare to handicap these types of baseball bets, it is still possible, leaving bettors open to making money at the sportsbooks. However, with lower limits compared to that of the game spread, run line, total, and moneyline, players either have to get a bunch of bets correct to make a sizeable profit or spread their bets across a few books. Regardless, there are benefits and drawbacks to MLB prop bets but that shouldn't stop you from enjoying the baseball betting action. If you are still getting used to the baseball prop betting strategies, check out our free MLB picks for today to help you get started. Just remember that our MLB picks are free and designed to get you started in the betting scene, not to provide counsel for the daily bettor.
Advantages Of Betting On MLB Props
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Disadvantages For Action On Baseball Props
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Line Shopping MLB Bets For Today
Like finding the best MLB bets of the day, knowing which bet to take and which bet to avoid is a skill that is learned over time. Either way, new and experienced sports bettors can find the best MLB odds by shopping lines across many books. In other words, multiple MLB online sportsbooks will host the same betting props; however, each individual betting site will offer different odds on that specific prop. Finding Jose Altuve to have over 1.5 bases in a game is a great bet. But one book may offer this bet at +210 odds, while another may only offer +180. Finding these differences make for betting on the MLB much easier and make you a smarter and more experienced sports bettor by playing the odds.
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Problem Gambling
It is important to remember that MLBProps supports healthy betting habits. While we advertise for betting companies, discuss betting trends, and explain a potential betting scenario, we strive to do so in the proper health and mindset for our readers. Never bet what you cannot afford to lose. On top of that, prop bets on baseball are meant to be fun. It's a long season - don't get caught wasting your bankroll and missing an MLB prop bet worth taking in the future.
In terms of sports betting (assuming a standard -110 juice), going 50% loses. With each loss, the vigorish adds up, meaning the more you bet at 50%, the more you lose compared to someone going 1-1 on the day. Getting caught in losses during sports betting is common - it is important to make sure those losses will not change your life or lifestyle. If you need help with gambling, reach out to the proper channels, such as the National Problem Gambling Helpline or one of the many other outlets available in your area.
In terms of sports betting (assuming a standard -110 juice), going 50% loses. With each loss, the vigorish adds up, meaning the more you bet at 50%, the more you lose compared to someone going 1-1 on the day. Getting caught in losses during sports betting is common - it is important to make sure those losses will not change your life or lifestyle. If you need help with gambling, reach out to the proper channels, such as the National Problem Gambling Helpline or one of the many other outlets available in your area.