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Best MLB Baseball Betting Sites for 2020

Updated: July 7, 2020

Finding the best MLB betting site is easy when you know what to look for. Sports Betting Dime is here to help you find a highly rated and reliable option with great service and competitive odds.

After years of firsthand experience reviewing online betting sites, we know what matters most.

In addition to directly wagering with every site we review, SBD relies on analytic research to identify industry standards that can be used to rank and review the best sites for baseball bettors.

Start your search for the best MLB betting sites here.

Best MLB Betting Sites

  1. DraftKings

    DraftKings has gone from daily fantasy powerhouse to one of the best options for legal US sports betting. Expect great promos and one of the smoothest betting apps out there.

    Bonus: Up to $1,000 Credit
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    Rated 5/5
  2. FanDuel

    FanDuel has built on their daily fantasy success with a flawless betting app and excellent online sportsbook. Find a superior live betting experience and lots of features for new bettors.

    Bonus: $1,000 Risk-Free Bet
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    Rated 5/5
  3. BetMGM

    BetMGM brings the famed casino brand online with a top-notch betting app and online sportsbook developed by experienced pros at Roar Digital.

    Bonus: $500 Risk-Free Bet
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    Rated 5/5
  4. Caesars Sportsbook

    Caesars brings ultimate flexibility to the world of online sports betting with tons of banking options, competitive odds on all major sports, and few restrictions when it comes to constructing parlays.

    Bonus: 100% up to $300
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    Rated 5/5
  5. PointsBet

    This Australian brand is taking the US market by storm with a new way to bet spreads, totals, and props. Try PointsBetting for something entirely new or find great odds on traditional wagers.

    Bonus: $1,000 Risk-Free Bets
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    Rated 5/5

How to Select the Best MLB Betting Site

Sports Betting Dime uses a variety of methods to evaluate and research all sports betting websites we recommend.

The process starts and ends with personal experience using the sites ourselves, placing bets with our own money for an authentic customer experience.

While we’re ultimately looking for sites we’d be comfortable recommending to a family member or friend, there are a few specific factors that get our close attention during the review process:

  • Is this baseball betting site licensed to operate legally?
  • Is it easy to make a deposit and get a withdrawal?
  • What features are available in the actual sportsbook?
  • What special offers or bonuses are available?

In addition to writing detailed reviews for every site on this list, we rank the sites against one another using a number of standards derived from our in-house sportsbook industry research.

Of course, when it comes time to decide which site is best for you, personal preference plays a massive role. Let’s look at a few important differences between MLB betting sites you’ll want to consider before deciding which one is best for you.

Understanding the MLB Betting Line: Key Differences to Consider

There’s no shortage of sites offering odds and betting lines on Major League Baseball games. From Spring Training to the World Series, all of them offer moneyline, run line, and over/under bets on every single game.

But it’s important to pay attention to seemingly small differences between these betting lines.

Some online sportsbooks focus on providing the best value, while others offer more obscure options not available elsewhere.

Additional MLB Baseball Odds

Along with the standard wagering options outlined above, baseball bettors are well-served to find a site that also offers MLB props and futures bets. The variation of MLB props and futures bets on offer is one of the biggest differentiators between sites.

MLB Props:

Props, or proposition bets, ask you to wager on an element of the game other than the outcome itself.

Some MLB betting sites will allow you to create your own props, selecting the players, stats, and other terms most to your liking.

Popular standard options include taking the over/under on the total runs, hits, and errors in a specific inning, or how many pitches the starting pitcher will throw before being pulled from the game.

MLB Futures:

MLB futures lines will ask you to wager on the outcome of an event that occurs relatively far in the future. Like baseball props, they most often relate to an individual or team achievement separate from the outcome of an individual game.

MLB futures odds often open at the end of the previous season. The most popular futures include selecting the World Series Winner, National & American League Champions, and winner of various player awards such as the Cy Young Award or League MVPs.

You can track MLB futures odds right here at Sports Betting Dime.

Don’t Forget the Juice! Betting Sites Charge Handling Fees

Many new bettors assume that online sportsbooks rely on expertise to outwit the public, somehow betting on the game themselves to turn a profit. This is not how online sports betting sites make money.

Rather, they charge a handling fee called the juice, vig, or vigorish on every single bet they take. These handling fees are calculated directly into the odds, which can make it difficult to compare the rates at different sites if you don’t know what to look for.

Recognize that the amount of juice charged is the primary reason the same lines have different odds at different online sportsbooks.

It pays to pay close attention to these discrepancies, as even minor differences will add up over the long run. This is especially true if you wager frequently or bet larger amounts of money.

Look for Dime Lines

When it comes to baseball, ‘dime lines’ are considered the mark of a good value. Dime lines refer to moneylines with a 10 cent delta between the favorite and underdog odds. While the favorite will nearly always be assigned negative odds and the underdog positive ones, the numerals associated should only differ by ten.

Let’s look at an example:

Best Betting Site for MLB Odds: PointsBet

PointsBet is our choice for MLB baseball odds thanks to their overall value and range of betting lines available.

Along with an excellent variety of baseball props and futures, PointsBet offers excellent odds on the standard bets most popular with baseball bettors. The site frequently runs “no juice” promotions that see baseball spreads move from to +105 or +100.

They also offer futures specials for home teams in the major markets they operate in. Who doesn’t like a hometown special?

Sharp bettors also benefit from the ‘Game Day Guarantee,’ which promises PointsBet will accept wagers up to $10,000 on every MLB game, regardless of your record with the site.

Pros:

  • Baseball odds are generally a great value, especially with the brand’s frequent promos
  • Local focus on hometown teams and lots of futures lines to choose from

Cons:

  • Their unique form of betting with dynamic odds & payouts, PointsBetting, is not available for baseball

Baseball Betting Site Deposits & Withdrawals

Once you’ve registered at an online sportsbook, making a deposit will likely be your first interaction with the site. Hassle-free banking transaction are one of the biggest advantages of betting with a legal, licensed site or betting app.

Every site featured here provides instant options for deposits and withdrawals. You should expect to have the option to use a variety of payment methods you already use on a daily basis.

The chart below breaks down the available options:

MLB Betting Site Deposit Methods

MLB Betting Site Credit Cards ACH Transfer PayPal PayNearMe
FanDuel Yes Yes Yes Yes
DraftKings Yes Yes Yes Yes
PointsBet Yes Yes Yes Yes
BetMGM Yes Yes Yes Yes
William Hill Yes Yes Yes No

 

Withdrawal options will generally be slightly more limited due to regulations. For example, most legal US sports betting states do not allow reverse credit card charges as a withdrawal method. Keep an eye for these standard withdrawal methods at the best MLB betting sites:

  • ACH Transfer
  • PayPal
  • Wire Transfer
  • Cash at Casino Cage

Best MLB Betting Site for Quick Deposits & Withdrawals: BetMGM

BetMGM provides ultimate flexibility when it comes to banking. There are multiple instant withdrawal options when it comes time to cash out.

Best of all, BetMGM uses electronic verification, so you won’t waste time uploading copies of your ID or utilities bills before making your first deposit. Simply enter accurate personal info, and you’ll be up and running.

BetMGM does not charge fees for banking transactions of any kind.

Pros:

  • Lots of instant banking options and a very easy verification process
  • Multiple eWallet banking options and an easy-to-use PrePaid card option

Cons:

  • $20 minimum on withdrawals

Don’t Miss Baseball Betting Bonuses

Want to make that payout a little bigger? Taking full advantage of bonus offers is the easiest way to do so.

MLB betting sites rely heavily on bonus offers to attract and retain new customers. As such, they most often take the form of deposit or sign-up promos when you open a new account.

When evaluating the value of these offers, pay attention to both the amount of free cash being offered and the terms and conditions restricting its use and withdrawal.

Here are the top offers worth your consideration.

MLB Deposit Bonuses

Betting Site Baseball Bonus Learn More
FanDuel $500 Risk Free Bet Full review
DraftKings $1,000 Risk Free Bets/Deposit Match Full review
PointsBet $200 Risk Free Bets  Full review
BetMGM $500 Risk Free Bet Full review
William Hill $150 Deposit Match  Full review

Best MLB Deposit Bonus: DraftKings

DraftKings offers new players the most valuable baseball betting welcome bonus in the industry. The initial offer is worth up to $1,000, more than double the typical offer you’ll find at their closest competitors.

$500 is provided as a risk-free bet, while bettors are eligible to earn up to $500 more with a 20% deposit match.

DK also offers a head-spinning number of daily odds boosts and ongoing promotions. Their $100 refer-a-friend bonus is also the best we’ve seen from a legal baseball betting site.

Pros:

  • Massive welcome bonus gets you started with a bigger bankroll
  • Lots of odds boosts and enhanced payout options provide daily bonus value

Cons:

  • You need to deposit $2,500 to get the full $1,000 welcome bonus

Make the Most of the World Series

World Series futures and prop bets were made for stat heads. More stats and detailed quantitative analysis are available for baseball than any other sport, and this makes it far more interesting to attempt far-off predictions or bet on more obscure elements of the game.

The World Series presents a perfect opportunity to do both.

If you want to take full advantage of World Series betting, find an MLB betting site that releases futures lines for the World Series in late October, directly after the conclusion of the previous series. This will give you more time to analyze odds movement and identify the most valuable time to put down your hard-earned cash. Compare futures odds closely, as the payout for your team of choice can vary significantly between books.

Once October rolls around and the World Series Playoffs begin, it’s all about great props and odds that are consistent with those offered during the regular season. Remember that the most popular betting events often incur a little extra juice, and the World Series is among the most popular of all.

But if you find the right World Series betting site, you can easily find obscure and entertaining props without sacrificing excellent value on more traditional wagers.

Best World Series Betting Site: PointsBet

PointsBet is one of the first sportsbooks to release World Series futures lines, and these odds consistently remain some of the best available as the season wears on.

For those looking to bet props, your only limit is your own imagination. PointsBet encourages players to be their own oddsmakers with their Name Your Bet program. Start thinking of creative World Series angles now.

Pros:

  • Excellent odds on World Series futures and straight pre-game wagers
  • Lots of player awards futures and tons of game-specific markets round out a huge post-season betting menu

Cons:

  • You can’t use the entire welcome bonus on baseball

Look for Lots of Live Betting Opportunities

Betting on live action is one of the easiest ways to up the excitement level when watching Major League Baseball.

Traditional wagers like moneyline, run line, and totals will open and close throughout the game with odds fluctuating in response to events on the field.

Responding to the progression of the game in real-time also opens a few wagering opportunities that simply aren’t available before the game. This is particularly true in baseball, where a relatively slow pace lends itself to more odds available for individual at-bats or even pitches.

If you’re looking for this kind of play-by-play action, keep your eyes peeled for the following live MLB wager types:

  • Will the next at-bat result in a hit?
  • How many strikeouts will occur in the next half inning?
  • How many pitches will be thrown in the next half inning?
  • Result of next at-bat
  • Pitch count this at-bat

These betting lines will look familiar to anyone who’s placed a few wagers on MLB baseball, but perhaps with a few additional options:

When searching for the best place to enjoy live MLB betting, there are two key qualities to look for:

  1. The variety of lines and prop bets available
  2. The consistency of the odds and line availability – live betting lines often change the odds or disappear once added to your bet slip

Best App for Live MLB Baseball Betting: FanDuel

FanDuel has the best baseball betting app in terms of usability, and this complements a huge selection of in-game MLB odds to make for the number one live baseball betting platform.

FanDuel is a tech start up, and their mobile live betting platform sets the bar for the kind of immersive, in-game entertainment we can expect more of in the years to come.

The intuitive design makes it easy to follow the action and put down some money at a glance, making it the ideal companion when watching the game with friends or betting from a sports bar.

Pros:

  • Odds displayed are unlikely to freeze or change once added to your bet slip
  • There are a massive number of in-game player and team props on offer

Cons:

  • Daily fantasy baseball requires a separate FanDuel app

Online MLB Betting Legality

Every sportsbook featured here is fully licensed and regulated to operate in the United States and other locations around the globe. Licenses vary on a state-by-state basis, and not all states currently allow online gambling.

Make sure you understand the laws in your region and ensure you’re playing within them when wagering on any sport event online. Only those sites that are allowed in your location should allow you to access the sportsbook and place wagers over the internet.

If a site is not checking your location whenever you place a bet, it may not be a safe and legal option for MLB betting.

Stick to the recommended sites on this list to ensure your bankroll and identity are protected.

Time to Place Your First Bet

Once you’ve identified the MLB betting site that best fits the way you want to bet, it’s time to make a deposit and place your first wager.

Learn a few baseball betting basics to get yourself off on the right foot. From there, you’ll want to keep a close pulse on MLB odds and line movement before placing your first wager.

Remember to wager responsponsibly, and enjoy the action out there!