2020 MLB Odds
The 2020 MLB season has been released with a shortened 60 game schedule beginning on July 23rd. This MLB Vegas Odds page will be updated daily with money line betting odds on each game, including baseball odds from Las Vegas sportsbooks such as Westgate Superbook, Circa Sports, William Hill, and MGM. For those outside of Las Vegas, we’ve also included MLB betting lines from online sportsbooks such as FanDuel, DraftKings, and BetMGM.
We also offer odds to win the 2020 World Series for each team in our MLB Futures Odds section. This section also includes each team’s odds to win the American League and National League Pennants.
How to read Baseball Las Vegas Money Line Odds
Choose one team or the other for the win!
If you’re betting Major League Baseball money line wagers, you will either be cheering for the favorite or the underdog to pick up the victory, as long as the game officially goes past the midway point (through the top of the fifth inning). A game must at least become official, per the rules of MLB, before a winner is determined. 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. Simple, right?
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.
Baseball will list Favorites and Underdogs for that day’s games. The Money Line Odds will show the favorite listed with a (-), and the underdogs will be indicated by a (+) symbol. Most betting sites online, as well as all betting apps, will do the math for you. But it’s a rather simple equation based upon $100 wager.
N.Y. Yankees -125 (Bet $100 to win $80)
Tampa Bay +110 (Bet $100 to win $110)
In the above example, N.Y. Yankees is listed as the favorite (-), while Tampa Bay is considered the underdog. If someone making a wager selected the Yankees, favored to win, they would return only $80 on a $100 wager at minus-125. Some books will also offer fractional odds, and in this particular instance the Yankees would be a 4/5 favorite. The decimal format is sometimes listed, especially popular overseas, and the Yankees would be listed at 1.80 on the big board.
Since the Yankees are the favorite, the Rays are considered the underdog and bettors receive a larger return on their initial stake. In the example above, a $100 winning wager on the Rays would return a $210 total, which includes a $110 win and your original $100 stake. The fractional odds for this example would be 11/10, with the Yankees listed at 2.100 with the decimal conversion.
Betting on MLB Games
Where can I bet on MLB games?
There are several legal sportsbook options in the United States. Visit our sportsbook directory to find online sportsbooks where you can bet on the MLB.
Who’s the favorite to win the World Series?
For odds on where teams will finish in the MLB Playoffs, check out our MLB Futures page.
Who are the experts picking to win?
Our experts offer picks on all the big MLB games. Check out our MLB handicapper picks to see what our experts are saying.
Can you place parlay bets on MLB games?
Most sportsbooks will allow you to parlay your baseball bets, meaning you can bet on multiple odds and win a bigger payout if they all win. Check out our parlay calculator to see what your payout will be.