Best MLB Betting Sites: Top 5 Sportsbooks to Use for Your Baseball Betting in 2024

Best MLB Betting Sites: Top 5 Sportsbooks to Use for Your Baseball Betting in 2024

The MLB is back, as the LA Dodgers and San Diego Padres officially got things underway in Seoul last week, splitting the series with a win each.

Despite the Dodgers and Padres already playing, two games that do count toward their 2024 MLB records, this coming Thursday is still classed as MLB Opening Day, and all 30 teams will be in action!

A lot of the pre-season talk has been about Shohei Ohtani and the Dodgers. First because of the biggest off-season move, but since then, Ohtani has come under fire as both he and his former interpreter are being investigated for gambling and theft allegations. The general consensus is that Ohtani is a blameless victim of his friend's gambling addiction, but we will hear more as the season goes on.

Regardless of all these rumblings, the LA Dodgers are the clear favorites for the 2024 World Series, a position in the betting market they have been familiar with in recent years. This has only been strengthened by Ohtani's arrival, and they are +375 with bet365 to win it all.

Whether you are looking for the best World Series odds, the best sportsbooks for MLB betting in general, or indeed just the sportsbooks that offer the best bonus bets, we have considered all these factors when picking our top 5 sportsbooks for MLB betting in 2024.

How We Chose Our Best MLB Betting Sites for 2024

Here are the top features we considered when picking out MLB betting sites for 2024.

• Competitive Odds - It will come as no surprise that here at oddschecker, we value a sportsbook's standing in terms of odds, over everything else. When you look at how to win big long-term when betting on the MLB, you need to make sure you are getting the best value on every bet.
• Extensive Betting Markets - While we certainly value odds as our top priority, it is no good offering great odds, if you only have basic market offerings. We want to be able to wager on player props, futures, and much more, on top of your basic, Moneyline, Spread, and Total betting markets.
• App Usability and Reliability - More often than not now, users are either betting on the move or they just want to be able to bet quickly on their mobile, which means a good betting app is key. A clean interface and a reliable betting app are staples of a good sportsbook.
• Regular Promotions for Existing and New Users - Another factor is whether sportsbooks offer promotions to both new and existing users. New users will be able to claim the sign-up offers detailed below, but loyal users will also want to enjoy odds boosts, parlay bonuses, and more during the MLB season.
• Safe and Secure Betting Sites - At oddschecker, we will only ever promote the safest and most secure betting sites, and all of the sportsbooks we feature below adhere to regulations and are fully licensed.

Popular MLB Betting Markets

Now that you know what goes into choosing our favorite MLB betting sites, it is time to establish what betting markets are the most popular when it comes to MLB betting users.

• Moneyline - The Moneyline wager is the most common betting option. Here you are just betting on which team will win. You can identify which team is the favorite by the + and - in front of the betting number. For example, if the Atlanta Braves are -125 to win against the Philadelphia Phillies, who are +105, then the Braves are considered the favorites. If both teams have - odds, for example, the Texans Rangers are -115 and the Chicago Cubs are -105, then the bigger number indicates the favorite.
• Spread Betting (Run Line) - The Run Line, is baseball's spread betting market, and here you are betting on how many runs a team will win (or lose by) in any game. If for example, the Houston Astros are -1.5 on the spread, then they would have to win by 2 runs to cover their Run Line. This is a way to boost the odds on a favorite, or indeed bet on an underdog to keep it closer than the line suggests.
• Total (Over/Under) - If you can't pick a winner, but are looking to wager on a game, then this market gives you a different angle. What you are doing here is betting on how many runs two teams will combine for. If the line was set at 5.5, then the two teams would need to score 6 runs between them. This doesn't matter if a team wins 5-1, or 4-2 for example, you are just betting on the total runs.
• Player Props - There are several different player props you can bet on, but here are the most common: Player to Score a Home Run, Player Strikeouts (Over/Under), RBIs (Over/Under), Total Bases (Over/Under).
• MLB Parlays - When it comes to betting on the MLB, the temptation is to bet on multiple teams to win or cover their spread, as the odds of betting on individual teams are quite slim. It is important to remember, that every time you add a team to a parlay, the odds increase, but the chances of winning decrease. Also, the house gains an edge for every team you add, as the vig compounds inside the bet. Parlays are a fun way to bet, but that's exactly how they should be treated.
• Futures - A lot of people will constantly look at the future. If you are not a person who needs an immediate result and instead wants to bet on the season overall, then futures are for you. You can bet on a Team to Make the Playoffs, Division Winners, League Winners, and Season Wins. You can also bet on Player Futures, like the MVP market.

Best MLB Sites for 2024

Here is a complete list of our favorite MLB betting sites, which we will break down further into our top 5 sportsbooks in 2024.

• DraftKings Sportsbook
• FanDuel Sportsbook
• BetMGM Sportsbook
• Caesars Sportsbook
• bet365
• BetRivers
• Fanatics Sportsbook
• ESPN Bet

Let's now look at our top five 5 sportsbooks in more detail, and look at the current welcome offer, when joining each of them before the new MLB season.

Betting on the MLB With DraftKings Sportsbook: Bet $5, Get $150 Instantly

Best For: Competitive Odds, Extensive Betting Markets, Existing User Promos

DraftKings Sportsbook is constantly offering competitive odds, popular betting markets, and plenty of betting promotions for both new and existing users, so it is the all-round package when it comes to MLB betting.

On top of that, they are giving new users the chance to bet $5, get $150 instantly on any game on MLB Opening Day, with the new DraftKings promo code.

It doesn't matter if you are betting on an underdog or a favorite, you are essentially boosting your favorite team to 30-1 with the DraftKings welcome offer.

Sign up for a DraftKings Sportsbook account below and bet $5, get $150 on your next MLB bet no matter what.

Step One: CLICK HERE or claim the offer below to claim your DraftKings promo code

Step Two: Register your account with DraftKings Sportsbook by entering all the necessary information

Step Three: Deposit $5+ into your new account and place a $5 wager on any MLB game

Step Four: Unlock $150 in bonus bets instantly, regardless of whether your wager wins or loses

Betting on the MLB With FanDuel Sportsbook: Bet $5, Get $200

Best For: Same Game Parlays, Odds Boosts, Competitive Odds

With the FanDuel promo code, new users can bet $5, get $200 if their bet wins. This means you will essentially be boosting your first bet on the MLB to 40/1, but unlike DraftKings, your bonus only pays out if you win.

FanDuel are very much competing directly with DraftKings Sportsbook, and the two will go head-to-head to become the most popular MLB betting site in 2024. Both benefit from superior marketing, but they also offer plenty of substance as well.

Sign up for a FanDuel account below and bet $5, get $200 on your first MLB bet, as a new customer.

Step One) CLICK HERE or on the offer button below to claim the $200 FanDuel promo

Step Two) Complete your FanDuel Sportsbook registration by entering all the required information

Step Three) Make a minimum deposit of $10 with your preferred payment method

Step Four) Wager $5 on any MLB market with FanDuel Sportsbook

Step Five) Receive $200 in bonus bets if your first bet on FanDuel Sportsbook wins!

Betting on the MLB with bet365: Bet $5, Get $150 Win or Lose

Best For: Users in Live bet365 states, Super Boosts, Extensive Betting Markets

bet365 is available in AZ, CO, IA, IN, KY, LA, NC, NJ, OH, and VA, and if you are in any of these states, then you can bet $5, get $150 on the MLB. If you are in North Carolina, things are even better, as you bet $5, get $200 with your first bet - for a limited time only!

We love bet365, as it is a sportsbook that has been a preferred betting site globally for many years now and is now firmly established in the US betting market.

Beyond their excellent welcome offer, which pays out, win or lose, bet365 is just generally a very good betting site, and their daily Super Boosts, offer a great way to win bigger on your favorite sports.

Sign up for a bet365 Sportsbook account in your state below, to claim this new user bonus.

Step 1: CLICK HERE or on the offer button below to claim your bet365 bonus code

Step 2: Enter the code 'CHECK' when completing your bet365 registration

Step 3: Deposit a minimum of $10 into your new bet365 account

Step 4: Bet $5 on any MLB market, with minimum odds of -500

Step 5: Get $150 in bonus bets even if your qualifying bet loses, thanks to the bet365 bonus code

Betting on the MLB With BetMGM Sportsbook: $1500 First Bet Bonus

Best For: Big Players, Parlay First Bet Offer, App Usability

BetMGM Sportsbook is one of the leading betting platforms in the United States, and their new user bonus is the biggest on the market. This is because they let new users bet any amount up to $1500 on the MLB, knowing their bet will either win or get their stakes back as bonus bets.

Obviously, for many users, a $1500 first bet is not on your radar, but the offer still applies, whether you bet $15 or $1500, you will either win or have your stakes returned as bonus bets. This means the BetMGM bonus code is still worth claiming.

BetMGM offers great existing user promotions, including MLB Parlay First Bet Offer which usually allows you to bet up to $25, and get your stakes back if one leg lets you down. This isn't on site yet but should be added once MLB Opening Day gets underway.

Sign up for a BetMGM account below, to claim this offer.

1) First, CLICK HERE to take you to the BetMGM promo code page to register your account

2) When completing the registration process, enter the code 'OCMAX150' if the promo code box isn't already filled

3) Deposit $10+ into your new BetMGM account using your preferred payment method

4) Now place a qualifying wager of up to $1,500 to ensure you are eligible for a refund in bonus bets if you lose

5) If your bet does lose, your stake will be refunded as bonus bets

Betting on the MLB With Fanatics Sportsbook: $1000 Bonus

Best For: People Looking for a New Sportsbook, Large Welcome Bonus, Fanatics FanGear Buyers

Fanatics got into the sportsbook industry in 2023, by purchasing PointsBet's US operations. This involved a roll out in many states as Fanatics Sportsbook and in others as PointsBet - a Fanatics Experience.

Either way, Fanatics provides a great platform for MLB bettors, especially those looking to use the Fanatics website to purchase merchandise as well. With every MLB bet, you can claim FanCash, which you can them redeem toward jerseys, hats, and more on Fanatics.

Their sportsbook is excellent, and their welcome offer will see your first 10 bets matched up to $1000. Bet $100, get $100 every day for the first 10 days of your account being open, with the Fanatics Sportsbook promo code.

Sign up for a Fanatics Sportsbook account below.

1) Click on any link in this article which will take you to Fanatics Sportsbook which will confirm you’ve qualified for the promotion.  

2) Once on this page, click “Get Started”. You could also use the QR code to download the app, it’s important you download the app via this method not straight from the app store to ensure you qualify for the promotion.  

3) Fill in your personal details to register for the sportsbook.  

4) Once you’ve created your account, you can click “Deposit”, you will need to make a deposit of at least $5.  

5) Now you’ve funded your account, make a selection with odds greater than –200. Place your bet, whatever your wager is you will get that as a bonus once the bet has settled.  

6) Repeat this process for the following nine days.