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How to Bet Run-Line Odds
MLB National League Pennant Baseball Betting Lines. There are currently no lines available for this sport. Either there are no odds open to bet on, or the sport is not in season at this time. You can check back soon or bet on any of the online sportsbook lines and betting odds listed below: NFL Lines. There are three primary ways to bet on baseball, as follows. Money line: Bet on which team will win. Total: Bet on whether the total number of runs will fall above or below a stated number, usually between 7 and 12. Run line: Similar to a bet against the spread in football or basketball. However, in baseball the better team is always favored by 1.5. Congratulations, Illinois baseball betting fans. As of June 2019, you can legally wager on your favorite MLB team in myriad ways and myriad locations, including via your smartphone. With Chicago being home to the Chicago Cubs and the White Sox, the state should see a flush baseball betting market. Run Line MLB Point Spread Betting Options Different from football and basketball point spread odds, and puck lines in hockey, run lines are offered as the primary baseball spread betting option.
Baseball often has very large money line prices, with heavy favorites, due to uneven pitching matchups or one strong team facing one which is struggling. Heavy favorites are very common, making the money-line wagers rather risky. You have to risk so much for so little. Run-line wagers can be a better value, as you will bet on a favorite to win by a spread, usually 1 ½ runs, and you risk less than on a money-line. You can also bet underdogs on the run-line.
And when you are betting the money line, you will either select the favorite or the underdog to win outright, and you needn’t worry about margin of victory. Similar to our Run-line and 1st Five Inning Odds, every game on the board shows with pitcher information, as well the Date and Time of the Major League Baseball games of the evening.
Pittsburgh -1 ½ +170 (Bet $100 to win $170)
Cincinnati +1 ½ -200 (Bet $100 to win $50)
In the above example, Pittsburgh is listed as the favorite (-), while Cincinnati is listed as the underdog. If you were to select the Pirates, who need to win by at least two runs to win, they would return a total of $270, which includes a $170 win and your original $100 stake. The fractional odds for this particular wager would be 7/4, with the decimal format at 2.700.
If you were to select the Reds in this wager, it’s essentially insurance because you do not trust Cincinnati to win outright. The Reds can lose by one run, and you still cash a winning ticket, because they covered the ‘spread’. In the example above, a $100 winning wager on the Reds would return a total of just $50. The fractional odds for this example would be ½, with the Pirates listed at 1.500 with the decimal conversion.
Congratulations, Illinois baseball betting fans. As of June 2019, you can legally wager on your favorite MLB team in myriad ways and myriad locations, including via your smartphone.
With Chicago being home to the ChicagoCubs and the WhiteSox, the state should see a flush baseball betting market. Here at PlayIllinois, you find information on how to bet and where, along with the latest MLB betting odds.
Read on to learn more about MLB betting in IL, live wagering, along with odds boosts and promotions. We share the many ways for new bettors to get in on Major League Baseball action.
Mlb Vegas Lines
Latest MLB odds in Illinois
How to bet on baseball in Illinois
Illinois legalized sports betting in June 2019. If you’re at least 21 years or older and within state lines, it is legal for you to sign up at wager at one of Illinois online sportsbooks.
Visit our registration information page to find out how to create an account at an Illinois online sportsbook.
Types of MLB bets
The range of MLB events you can wager on includes the entire season’s results to individual plays. However, one of the most popular ways to bet on the outcome of a single game is called the run line.
Run line betting
If you’ve ever bet the spread on a football game before, this is the same thing. Essentially, you’re betting on the difference between the winning team and the losing team in a game’s final score. The market at a sportsbook for a run linebet will look like this:
| Cubs +1.5 -110 |
| White Sox -1.5 -110 |
In this example, the ChicagoCubs are the road underdog while the WhiteSox are the home favorite. If you think the Sox will win this game by at least two runs, you’d bet the White Sox -110. As long as the Sox prevail in this game and by at least two runs, you would win this wager.
If you don’t think the White Sox will win by at least two, you’d bet Cubs -110. If the Cubs won by any margin or the White Sox won by just a single run, your bet would pay off.
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Moneyline betting
Simply, with a moneylinewager, you’re betting on which team will win the game. How many runs separate the two teams and how many combined runs in the game are completely irrelevant. The market will look like this:
| Cubs +220 |
| White Sox -200 |
The bigger the difference between the numbers, the more confident the sportsbook is in its prediction. In this example, the sportsbook is sure the White Sox will beat the Cubs.
Inning bets
Inning wagers are a type of prop bet that sportsbooks set upon the results of individual innings within a game. The variety of these markets can be great. One common market, however, is a moneyline on which team will outscore the other in a particular inning:
| To win 1st inning |
|---|
| Cubs +150 |
| Neither team -110 |
| White Sox -170 |
Other ways to bet on the results of innings include how many total runs one or both teams score in that inning and whether a team with a lead coming into the inning will remain the leader going into the next inning.
Alternate run lines
Mlb Daily Betting Lines
If you think the run line you see when you look at the odds for a game is too conservative or generous, you aren’t limited to just that market. Most sportsbooks will offer alternate run lines.
These markets will present you with many options. The potential payouts will fluctuate in relation to how realistic it is that the winning team will defeat the losing team by the relevant margin. As you take more risk, your potential reward goes up. If you believe that one team will defeat the other by four or five runs in a certain game, you’ll have more ways to cash in with alternate run line bets.
Totals
If you’re not interested in who will win a single game or by how much, this type of market is for you. With totals betting, you’re wagering on how accurate you think the sportsbook is in predicting how many runs both teams will score combined.
| Over 7.5 -118 |
| Under 7.5 -104 |
The 0.5 in the line is called a “hook.” It prevents the wager from being graded as a “push.” Sticking with our example, you’re not wagering on either the Cubs or the White Sox to score less than or more than 7.5 runs by themselves.
You’re betting on both teams to either score fewer or more than six runs in the entire game combined. So, if you take the over and the final score is 5-3, you would win. By the same token, if you take the under and the final score is 4-3, you would win as well. Totals for single MLB games are usually odd numbers because there are no ties in that league.
First Five
Because of recent trends of starting pitchers going shorter distances in games and the increasing effectiveness of relievers, the popularity of these markets is growing. The first five wager allows you to essentially throw out anything that happens after the fifth inning of a single game.
You’ll find a separate set of moneyline, run line and total markets just for the end of the fifth inning. Keeping with our fictional Cubs-White Sox game, if you bet the White Sox moneyline and they were winning at the end of the fifth, the sportsbook would grade your bet as a win.
MLB series bets
In MLB, most regular-season games are part of a two-, three- or four-game series. These sets cut down on travel and allows teams to set player rotations. You can wager on which team will win those series or, in the case of an even-numbered of game series, whether the teams will split.
Major League Baseball Standings
This is a good precursor to the myriad prop bets you can find for MLB in Illinois.
MLB prop bets at legal sportsbooks in IL
The Illinois Gaming Board (IGB) provides few limits for what its licensed operators can take prop bets on, as far as the MLB goes. For that reason, the only limit is if the sportsbook feels comfortable offering action on it.
You may see yes/no markets on an individual player’s action in a single game, for instance, whether Yoán Moncada will hit a home run in the game. Along the same lines, you could see a market on whether a team will score in a particular inning.
Many times, prop bets intersect with what’s called in-game or live wagering. A single market can fit both definitions simultaneously.
MLB live betting
In-game or live betting are wagers on real-time events within a game. These markets can move quickly, sometimes set upon the results of individual pitches. A market could look like this:
| Result of next pitch | J. Báez at bat L. Giolito pitching | 3-1 count 2 outs top 4th |
|---|---|---|
| Called strike -200 | Swinging strike +400 | Foul ball +150 |
| Ball -110 | In play +120 | Hit by pitch +900 |
Because these events can occur in a blink of an eye, you have to stay on top of the action. You’ll also need to be familiar with the nuances of the individual players. For example, some pitchers work faster than others.
Some bettors prefer this type of wagering because it delivers a quick resolution. Instead of waiting hours for a game to end, you can get your payout within seconds if you win.
There are markets for the opposite end of this spectrum as well.
MLB futures
Futures markets are exactly as they sound. These wagers depend on the results of events that take place months into the calendar. In MLB, the most popular type of futureswager is which team will win the World Series each year. These are often the first bets available for a given MLB season, as books start posting these lines soon after the most recent World Series ends.
The menu of MLB futures markets is much more diverse, however. You can wager on other events for an entire season, such as:
- Win totals for individual teams in a season.
- Whether a team will make the playoffs or not.
- Which team will win a certain division.
- Which team will win the AmericanLeague and NationalLeague pennants.
- Who will win the CyYoung, MVP and Rookie of the Year awards in each league.
Major League Baseball Betting Line
If a player is nearing a significant statistical achievement, some books will post markets on whether and when a player will achieve that milestone. For example, if JustinVerlander can come back from Tommy John‘s surgery, he may approach 300-career wins. It will be up to each operator whether it offers action on that milestone if Verlander does get close to that mark.
Rules for betting baseball online
Major League Baseball Betting Line Movement
While the Illinois Gaming Board sets many regulations, sportsbooks do get to set house rules on a number of matters. Most of these govern what the sportsbook will do in the case of unusual events.
For example, how does a sportsbook treat a moneyline wager on a game if it gets rained out? At DraftKings Sportsbook, it depends on whether and how soon after the original start time the game is made up.
Major League Baseball News
“A bet is declared canceled on a canceled or postponed game which has not started, or in the case of a result not having been issued within 12 hours of the scheduled start time.”
In that case, DraftKings would return your wager. By the same token, most books require games to go at least five innings to payout wagers based on the results of an entire game. If you’ve placed a futures bet on a specific team winning a number of games or a division title and that team loses a star player to injury; however, most sportsbooks won’t cancel your wager. That’s part of the risk you take when making such a bet.
These house rules are available at all IL sportsbooks for your perusal. It’s best to familiarize yourself with them before you place your bet. They can vary to some degree from one operator to another, so don’t assume anything.
Now that you’re familiar with how to wager, it’s necessary to understand the mechanics of MLB. In short, the purpose of an MLB season is to crown a champion at its end.