If you want to get a head start on the 2016 MLB season, now is the perfect time to start placing your bets. Two of the most popular online betting sites, Bovada and BetOnline, already have the odds posted for the World Series, the American League and National League Pennants, and the Division championships. The odds posted reflect the most accurate and up-to-date information available on all thirty MLB teams. The purpose of this page is to bring you the most current data on MLB betting odds, and also to explain how having multiple sportsbook accounts at different sites can give you an edge when it comes to making your wagers.
Those who frequently play the odds oftentimes will have accounts at several different sportsbooks. The reason for this is that the odds vary depending on the bookmaker, and you might have better odds at one sportsbook as opposed to another. These odds vary from team to team. For example, the Chicago Cubs are the favorites to win the World Series at both Bovada and BetOnline, but at BetOnline, the Cubs’ odds are +600 versus +400 at Bovada. What this signifies is that BetOnline has better odds for the Cubs, meaning you would win $600 if you placed a bet there versus $400 if you bet at Bovada. This is just one example of odds discrepancies for different betting sites.
The World Series is inarguably the most important series of games in all of Major League Baseball. Depending on which online sportsbook you use, your payout might be different for the same team. That is why many people have accounts at multiple sportsbooks. As mentioned earlier, Bovada and BetOnline both list the Chicago Cubs as the favorite team to win the World Series, but the odds at Bovada are +400, while the odds at BetOnline are +600, meaning you would get a higher payout at BetOnline. On the other hand, Bovada gives you better MLB betting odds on some of the underdogs. Take the Colorado Rockies, for example. Although they are a real longshot to win the Series, you would have better odds at Bovada (+15,000) as opposed to BetOnline (+10,000).
Other teams that are might possibly win the Series are the San Francisco Giants, who are listed at +800 at Bovada and +900 at BetOnline, giving you better odds and a higher payout. Both the New York Mets and The Los Angeles Dodgers have odds +1,100 to win at Bovada. Again, both the Mets and the Dodgers have better odds to win at BetOnline. Having several different sportsbooks accounts is a great way to make sure you are getting the best odds and the highest payouts. Other team who could possible make a dent in the Series are Toronto Blue Jays, the Boston Red Sox, and the Kansas City Royals.
Current Odds To Win The 2016 AL Pennant
There are 15 Teams in the American League vying for the AL Pennant. Some of the top teams are pretty close as far as the odds go. The Boston Red Sox are the favorites, with odds of +550 from Bovada and +600 from BetOnline. Next up are the Toronto Blue Jays, with odds of +600 at Bovada and +550 for BetOnline. If you put money on the Blue Jays, you would get a better return at Bovada. Tying the Blue Jays at Bovada are the Kansas City Royals, also with +600 odds. Their odds are slightly better at BetOnline (+650). Next in line are the Houston Astros, who Bovada has listed at +700, and who have odds of +650 at BetOnline. So in the case of the Astros, Bovada is the way to go. The Cleveland Indians are at +800 on Bovada’s posting, and they are +850 at BetOnline. You get the gist of it. The odds vary one sportsbook to another, which is why it is smart to have accounts at several different betting sites.
Current Odds To win the 2016 NL Pennant
Fifteen more teams make up the National League in Major League Baseball, and these teams compete for the NL Pennant. The odds look as follows: The favorite to win the 2016 NL Pennant is the Chicago Cubs. Bovada has their odds at +225. However, you will get a higher payout if you wagered on them at BetOnline, because their odds are +300. That’s an extra $75! The next three best teams all have same the same odds listed at Bovada, +550. They are the San Francisco Giants, the Los Angeles Dodgers, and the New York Mets. However, if you go to BetOnline, you will see that the Mets have different odds for that site, at +400, with the Giants and the Dodgers at +450. So if you wanted to bet on any of these three teams, you would be smart to use Bovada. It is important to look at the discrepancies between sportsbook odds. Smart players do this all the time, and it is an easy way to make money.
Current Odds To Win The 2016 AL Central
Of the five teams playing in the AL Central, the Kansas City Royals have the best odds to win (+110 at Bovada). Their odds are better at BetOnline (+160). That is a difference of $50. The Cleveland Indians are next, at +250 for Bovada and +190 at BetOnline, so in this case Bovada gives you the better payout. It is important to look at every single team and compare the odds. This is something that the pros do, and it is the reason many people have several different sportsbook accounts.
Current Odds To Win The 2016 AL East
The Boston Red Sox have the clear best odds to win the division. Their odds are +160 at Bovada and +190 at BetOnline, giving the edge to BetOnline. Close on their heels are the Toronto Blue Jays at +190 (Bovada) and +180 (BetOnline). Guess which sportsbook has the better odds? That’s right, it’s Bovada this time. The team with the third-best shot at the Championship is the New York Yankees, followed by Baltimore Orioles and the Tampa Bay Rays. The odds, of course are different depending on which sportsbook you use.
Current Odds to Win The 2016 AL West
In the number one spot to win the Division Championship are the Houston Astros, who Bovada lists as having +160 odds. The Astros are +110 at BetOnline, meaning you should use Bovada if you want to bet on them. The Texas Rangers have odds of +210 at Bovada, and +350 at BetOnline. The Los Angeles Angles, the Seattle Mariners, and the Oakland Athletics are the final three teams competing for the championship, and their odds vary at each site. For example, the biggest longshot is the Oakland Athletics, who have +1,200 odds at Bovada and +1,400 odds at BetOnline. If you bet on them, you see an extra $200 payout at BetOnline as opposed to Bovada.
Current Odds To Win The 2016 NL Central
The Chicago Cubs are the clear frontrunner to win not only the NL Central Division Championship, but the World Series as well. Their odds to win the Division are -150 at Bovada and -200 at BetOnline. This means that if you were to bet $150 at Bovada, you would see a return of $100, which is better than what you will find at BetOnline. The St. Louis Cardinals have the next best odds, which are +250 at Bovada and +300 at BetOnline. In the case of the Cardinals, you will get a better deal at BetOnline. I cannot drive home this point with a big enough sledgehammer: having two or more sportsbook accounts is a smart move.
Current Odds To Win The 2016 NL East
The New York Mets are the favorites in their Division, with Bovada putting their odds at -110. The odds are slightly different at BetOnline (-120). If you bet with Bovada, you will only have to bet $110 to win $100, versus having to wager $120 at BetOnline. The choice should be obvious by this point. The Washington Nationals have the second best chance of winning. Bovada posts their odds at +110, versus +100 at BetOnline. You will get $10 more in payouts if you use Bovada. Whenever you make a bet, you want to compare the lines at each sportsbook and bet with the one that will give you a better deal.
Current Odds To Win The 2016 NL West
There is a discrepancy between the teams that Bovada and BetOnline predict will the NL West Division Championship for 2016. According to Bovada, the San Francisco Giants have the best odds of winning. Both Bovada and BetOnline list the Giants at +125. However, BetOnline lists the Los Angeles Dodgers as the clear favorite, with odds of -110. Bovada, on the other hand lists the Dodgers’ odds at +150. Clearly, the smart move here is to use Bovada if you plan to bet on the Dodgers. Rounding out the NL West Division are the Arizona Diamondbacks, the San Diego Padres, and the Colorado Rockies.