MLB Prop Bets
Major League Baseball (MLB) prop bets are bets on events that occur during a game rather than the eventual outcome. You can wager on individual player performance and numerous statistics (both team and player-related) that are not directly connected to the outcome of a game. MLB prop bets are divided into three categories: player props, team props, and game props.
MLB Player Props
The most popular are player props, which enable gamblers to wager on a player's performance throughout a particular game. Player props are associated with a player's in-game accomplishments or statistics. In general, bettors wager on whether a player will finish up Over or Under on a single statistic and occasionally on whether a specific event will occur.
The odds attached to player props vary greatly and are linked to each player's statistical outline and resume. You'll receive shorter odds on a beginner stud with a track record of success than on an unknown stud in a minor league call-up. Assume your player prop wager is on a star like Jacob deGrom. In such a situation, your odds may not vary very much from a moneyline bet, between -110 and +200.
The odds associated with every player prop fluctuate greatly based on the player's quality and the opponent's strength. Ensure you examine the terms and conditions of the player prop you've chosen to ensure you understand the specific regulations of the wager.
MLB Team Props
Team prop bets are similar to player prop bets in that they are based on what the team achieves throughout a game rather than a single individual. For example, team props let you wager on the overall number of runs scored by a team in a particular game, i.e., the Dodgers scoring Over or Under 7.5). If you wager the Over, you will win if the Dodgers score eight runs or more. Of course, team props may also be linked to other common game statistics seen during a regular baseball game.
MLB Game Prop Bets
A game prop refers to occurrences that occur during the game and are not limited to a particular player or team. A game prop, for example, would enable you to wager on the total number of home runs hit by each side during a game. In general, game props refer to a statistical total or whether or not a given occurrence will take place. For instance, oddsmakers may provide a total hits market for a game between teams A and B. The total combined hits by both teams are set at 17.5, and bettors can wager on the Over or Under.
MLB Prop Betting Strategies
Line Shopping
While line shopping is generally beneficial to any bettor's bottom line, finding the greatest odds on player and game props is extremely beneficial. Sportsbooks use various sources of information when it comes to specific athletes. Different bookmakers' will certainly have different perspectives on their performances. Furthermore, whereas bookmakers can be counted on to rapidly incorporate new information like weather conditions into odds, the same is not always true for player props.
Get to know certain teams or players
Since there are so many games and players yearly when it comes to baseball, you should consider the long-term value for player or game props. You can start by tracking one or two teams and nine to 10 players on each of those teams. You can then delve deeply into a few specific players and teams to identify when there's value for taking.
Leverage your specific baseball knowledge
Oddsmakers can't scrutinize every line with the same specificity even if they tried to. This is the same for prop bets, as sportsbooks don't invest the same amount of time into generating lines for each prop bet. As a result, the prop bet odds won't be as finely tuned as regular lines. As such, if you do in-depth research on a player or team's performance, you can easily find value compared to a bet linked to the outcome of a game.
FAQs
What are prop bets in the MLB?
Prop bets are wagers placed on occurrences happening within a game. These occurrences may include player performance, team performance, or other events. Prop bets don't coincide with regular lines like the totals.
When are MLB prop bets released?
MLB prop bets come out on different schedules depending on the sportsbook you're using. They are normally released at least four hours before a game begins.
How do I read MLB odds for player props?
Reading MLB odds for player prop bets is the same as reading conventional sports odds. For instance, all odds on player prop bets show the oddsmakers' assigned probability to a particular event in addition to the payout you will receive if your bet wins.
What can you wager on using MLB prop bets?
MLB prop bets allow you to wager on hits, strikeouts, runs, and more.
What are the examples of player props?
Some common player props include pitcher props, offensive props, and batting props.
