Underdogs in MLB Betting Odds

March 7th, 2024 Betting on MLB Baseball

MLB betting odds oftentimes have teams listed as big underdogs on a regular basis. Since baseball is a money line sport you will always get underdogs that look interesting. Betting underdogs in baseball has been a way for gamblers to make money throughout the years. There are a few main reasons to consider underdogs in MLB wagering odds, not the least of which is making money.

MLB wagering odds make underdogs attractive wagers. The main reason gamblers can make money by betting underdogs in baseball is that they can go about 50-50 in their picks and still make money. Let’s say you play two underdogs against the MLB wagering odds and both are +160. All you need is a split to make money. Let’s say you play 10 games and all of them are underdogs. If you split those 10 games you are going to make good money versus MLB odds.

Early in the season, has traditionally been a great time to bet underdogs. As teams start the season it is much more difficult for MLB betting odds makers to get a handle on how teams will do. MLB odds are much more likely to be tilted toward the favorite. Another reason for betting the underdog early in the year is the fact that starting pitchers are not ready to go nine innings. That means the bullpens will be in play and usually the more pitchers that enter a game the better chance for the underdog in MLB wagering odds. Early in the year teams haven’t really figured things out yet and that gives value to the dogs in MLB odds.

If you are regularly going to bet underdogs then you should look to go against the 4th and 5th starters in MLB wagering odds. The marquee teams very often still get a lot of respect from the MLB odds makers even when their worst pitchers are going. Those are good spots to go with the underdogs. The Yankees or Red Sox may still be a -160 or higher favorite in MLB betting odds when their fourth or fifth best starter is going to the mound.
Another option with underdogs in MLB wagering odds is to take a number one starter at plus money. You can also consider playing certain teams at home when they are underdogs in MLB wagering odds.

You want to remember when betting underdogs that you don’t have to win every time. You can go .500 and still make money if you are playing underdogs versus MLB betting odds.


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