Best MLB Betting Sites NY - Legal Baseball Wagering Platforms

By Matthew Asher

For most gamblers, baseball betting and betting on Major League Baseball games used to be a land of little opportunity. When it comes to MLB betting sites, it goes far beyond the final score, how many runs might be scored or whether a pitcher would get a win or not. Digital, real-time technology has changed all of that for baseball betting sites.

Now, with online betting sites in New York legal, you can bet on several MLB betting odds. Whether it's various bets on every at-bat, innings, First 5 inning lines, or more, the MLB betting sites have improved greatly. From moneyline odds to MLB prop bets, to futures and player props, there is something for every sports bettor.

Best Baseball Betting Sites for New York Sports Wagering

How to Choose the Best MLB Betting Site in New York

In choosing the best MLB sports betting sites in your state, online sports betting in New York, like NewYorkBets.com, evaluate all the licensed, legal and regulated sports betting operators. Here’s what we look for:

  • Safety of a Baseball Betting Site

    We make sure each recommended online wagering is licensed and regulated by the gaming authority in the state where it operates. We will never recommend an offshore betting operator as one of the best MLB betting sites because they are risky and unregulated. By going through a licensed bookmaker, you know your information and funds are secure.

  • User Experience of Online Betting

    Both New York sports betting apps and websites alike should be user-friendly, intuitive and welcoming. Signing up should be hassle-free, depositing and withdrawing funds quick, and customer service and support must be top-notch.

  • Baseball Betting Options

    Every recommended betting website will have a ton of MLB odds and markets, and all betting sites should have features such as point spread betting, futures odds, live betting, and much more.

  • Bonus, Promo Codes & Risk-Free Bets

    We look for the best betting promo codes in New York and make sure the terms are fair. We also look for operators with great VIP plans, parlay insurance, and odds boosts. Anyone looking to bet on baseball, or on any sport for that matter, should take advantage of promo codes and welcome bonuses. Some online sports betting options that New York bettors can use to their advantage include Caesars NY, BetMGM NY, and DraftKings NY. These online bookmakers all offer sign-up offers that are both lucrative and enticing to new sports bettors.

Why Bet on Baseball Games Online?

For the serious sports bettors - and even the casual ones - one of the biggest appeals of baseball is the sheer number of games. There are 162 of them in an MLB season, then the playoffs. Every week, there are more than 100 different team matchups.

Like the sport itself, betting on baseball is a more casual experience than, say football betting in New York or basketball betting in New York, where points are scored freely and easily and the lines can change just as quick.

Baseball is the only major sport with no time clock, so the game you’re betting on could last two hours, or it could last all night with extra innings.

Betting on baseball appeals to the gut gambler who just wants to let it ride on one game (“I got the Yankees tonight on the Moneyline, the wind’s blowing in and the ace of the staff is on the hill!”) as well as the math nerd who likes to pore over pages and pages of analytics, looking for long-term trends.

Can I Bet on Baseball in All States?

No, but the list is growing every year. You can only legally bet on baseball in states that have passed legislation allowing the regulated establishment of brick-and-mortar and/or online betting sites. Entering 2021, more than 20 states and the District of Columbia, have legalized sports betting either in-person or mobile or both. By the end of 2021, it is expected that at least 25 states will have officially sanctioned legal sports betting.

You can sign up and bet on an MLB betting site in two easy steps:

  • Pick a site from our peer-reviewed, carefully cultivated list.
  • Be ready with the following information: photo ID (driver’s license or passport), full name and address, email, birthday, proof of address and payment method.

Deposit and Withdrawal Options for MLB Betting Sites

Once your account is set up, choose the deposit option that makes the most sense for you. That could be Play+, PayPal, Visa, bank transfer, etc. If you win your bet, you can count on your money being transferred to your account in 3-5 days with no fees, if you do direct deposit. If you want to get your money instantly, there is usually a small fee, usually no more than 1 percent of the deposit total.

What Bonuses and Promotions are Offered for MLB Betting

When you sign up for an online wagering site, you will be eligible for a variety of bonus offers. Many online betting site listed here offer great deals for first-time customers, and among the most common is a first deposit match.

The online sports gambling operator will match your first deposit dollar-for-dollar, though there are often wagering requirements, so make sure to read the terms and conditions.

Other bonuses may include a no-deposit bonus, which is typically a small amount of free money to wager with; a risk-free first wager, meaning if you lose your first bet, your operator will give you that amount back in free bets; and odds boosts in New York for select contests.

How to Read MLB Betting Lines and Odds

The most basic MLB betting line is the Moneyline, where your task is just to pick the winning team in the game, period. Odds will be given by the bookmaker, with a minus sign (-150) signifying the favored team and a plus sign (+135) signifying the underdog.

If you bet on the team listed at -150, that means you have to bet $150 to win $100. If you bet the underdog to win at +135, that means you bet $100 to win $135. You don’t have to bet in $100 increments.

You can bet a team to win on the run line, but the spread for a baseball game is almost always 1.5 runs. If you give 1.5 runs, your team must win by two runs or more. The odds are greater, but so is the risk.

There will be an over-under bet available on the number of runs scored in a game by both teams. The most frequent number of combined runs in a game, at least in recent years, is seven, but the best-hitting teams will have a higher “total” to bet the over-under, and the odds will be adjusted in kind.

Types of MLB Bets to Place

There are several types of bets that baseball fans can make on MLB betting sites. Learn more about the different types of baseball bets that you can make with online baseball betting sites below, and place these bets with New York sports betting platforms such as BetRivers NY, FanDuel NY, and PointsBet NY.

  • Moneyline Bets

    Moneyline bets in NY are among the simplest forms of MLB betting. The bettor simply bets on who will win the game.

  • Over/Under

    Over/Under betting in New York is the combined number of runs scored by both teams in a game (extra innings count). Betting totals is one of the most popular bets.

  • Run Line

    Most likely, the game will have a spread of +/-1.5 runs (which in baseball is called the “run line”). If you think the Yankees will beat the Red Sox by two runs or more, then you want to bet the Yankees at -1.5. Your payout will be higher than betting Moneyline odds.

  • Team Totals

    A bet where you wager the over-under for just one team on the number of runs it will score. If the other team’s ace is on the mound, the under is likely to be your most popular wager on his opponent’s run total.

  • Prop Bets

    Think Aaron Judge will hit a home run for the Yankees tonight, and that’s all you want to bet on? You can, on a prop bet. Prop bets typically have higher payouts than other bets.

  • Futures Bets

    Are you just absolutely convinced the Houston Astros will win the World Series? You can bet on that happening with an MLB futures bet. The odds for every team will be posted before the season and updated throughout.

  • Parlay Bets

    Do you think the Dodgers and Astros will both win their games tonight? Bet it, then, on a parlay. Your payout will be higher than a single-game bet, but both teams must win to cash your ticket.

  • Live Betting

    Whether MLB bettors are watching a game live or on TV, there are plenty of live betting lines at various MLB betting sites.

What MLB Games Can I Bet On?

Baseball odds are so much more than just games and World Series betting. You can make an MLB futures bet on individual player trophies all year long, with the best odds typically before the season starts. If you think Aaron Judge will be the American League MVP, you can bet on it.

Same with the Cy Young winners in each league, the ERA champion, Gold Gloves winners, the home-run leader and more.

In addition to every regular-season game, you can also bet on team win totals, division and league winners, the All-Star Game and Home Run Derby, postseason series, and more.

Quick MLB Betting Tips to Consider

Baseball is a game in which a dizzying array of numbers will always be coming at you, so it’s important to have a decent grasp of deciphering them.

No, you don’t need to be Albert Einstein, but you want to know the basics. Let's take a look at some quick MLB betting tips that you should know before betting on any MLB games in New York.

Know Who's Pitching

Get to know the pitchers in both leagues. A pitcher with a great won-loss record and low ERA is a guy whose team you’re going to feel comfortable putting some cash down on the Moneyline, or the under total.

A team trotting out its fifth starter with a mediocre-to-poor record is a guy you may want to fade. It’s essential that the serious MLB bettor know the pitchers for the game, and that means getting those matchups early in the day when they’re posted.

Weather During MLB Games

Another thing to consider: weather. While more baseball stadiums have enclosed fields, many others are still subjected to conditions that are the whim of Mother Nature. Check those weather forecasts for a game with an outdoor field.

Does the forecast call for the wind to blow straight out to the left-field that night? You might want to bet the over then. Does it call for blustery, cold conditions? That could affect the hitters and you may want to back the under.

Follow MLB Betting Writers

You should follow the Twitter accounts of established MLB beat writers, because they’ll often have real-time updates on lineup changes, injuries, ejections, etc. Read team websites before making your MLB picks too, because they’ll often have recent quotes from the manager on various team plans, development, etc.

Be Cautious of "Systems"

A lot of bettors believe in “systems” betting, such as betting the underdog at a higher percentage over the long haul, in the belief that higher payouts will accrue into plus territories than betting the straight favorites at a lower juice. One person’s system may be folly to another, however, and there are many “system” players who came to regret their rigid adherence to it.

That said, things do tend to “average out” in the long haul in baseball, so finding a system that works for you can be very profitable.

Manage Your Bankroll

Perhaps the most important tip of all: Manage your bankroll over the course of the entire 162-game MLB season. Risking half your roll on one game in the middle of July is not smart.

Seasoned bettors break their bankroll into units (a percentage of the overall amount) and stick with a set amount of units for every bet. Being disciplined helps bettors survive bad runs.

New York MLB Betting Sites FAQ

Baseball is a sport that has been rocked by gambling scandals in its history (the Chicago Black Sox Scandal of 1919 is the biggest) and therefore had a dim view of betting on its sport after that. But as gambling has become more mainstream and regulated safely and effectively, MLB now embraces legalized sports betting, especially because it may bring a needed younger demographic to the sport.

The World Series is the biggest MLB betting event as well as baseball futures bets on potential World Series winners.

Your bookmaker will be able to pinpoint your laptop, desktop or mobile device through geolocation software, as by state regulators.

No. They are not regulated the way they are in the U.S. and don’t provide customers with the same protections. It’s a risk not worth taking.

Most all of the top online betting sites now have terrific ease-of-use and reliability, so the best MLB betting site will be the one that combines the MLB odds, bonus offers and user experience you like best.

An MLB Moneyline bet, which is the most straightforward, is easiest to win if you bet on a strong favorite, though lots of baseball bettors favor betting totals (combined number of runs scored), depending on the pitching matchups.

In most states, the minimum age to bet on the MLB is 21, though some allow for younger bettors.

Yes, if online sports betting is legal in the state you are betting on undoubtedly your sports wagering platform will have a mobile betting app for you to make your MLB picks.

Yes, gambling winnings are subject to both federal and state taxes.

Contributors

Matthew Asher @MatthewAsher

Contributor since October 2021

As the current Editor and Fact Checker editor for EmpireStakes.com, Matthew Asher has nearly a decade of experience working in public relations and digital media marketing with the Milwaukee Brewers, St. Louis Rams, Detroit Lions and San Francisco 49ers.Matthew is passionate about the sports betting industry and has been known to explain how to bet on the NFL, College Football and other major sports leagues. He is passionate about making sure you have the most up-to-date and correct information about New York betting regulations.