2017 MLB Playoff Betting Odds
While baseball is probably the most stat-heavy – and therefore bet-heavy – member of the major American sports, new sports bettors usually don’t pay it much attention for most of the season. However, once the playoffs get underway, people start tuning in, many of them for the first time. For lots of folks, the 2017 MLB playoff betting odds will be the first bit of baseball gambling they’ve ever experienced.
Fortunately, baseball odds are a lot easier to understand than the MLB’s various schools of in-depth statistical analyses. In other words, you don’t have to be proficient at sabermetrics to understand what’s going on with the 2017 MLB playoff betting odds. All you really need to make informed baseball decisions is a few betting basics. And, of course, a membership at a legal online sports betting sites like Bovada, SportsBetting, BetOnline, or 5Dimes.
- Runline: Dodgers -1.5 (+175) Astros +1.5 (-210)
- Moneyline: Dodgers +101 Astros -119
- Over/Under: Dodgers 7.5 (+105)o Astros 7.5 (-125)u
2017 World Series Odds
If you bet on a team to win the World Series before the season starts (or, at least, before the playoff picture is clearly in focus), you’ll typically get pretty nice odds. However, even though the 2017 MLB playoff betting odds are already being posted, you can still pick any of the remaining teams to win it all. Right now, Bovada has posted the following teams’ 2017 World Series odds:
- Los Angeles Dodgers +333
- Cleveland Indians +333
- Houston Astros +500
- Washington Nationals +700
- Boston Red Sox +800
- Chicago Cubs +800
- New York Yankees +900
- Arizona Diamondbacks +1400
- Colorado Rockies +2800
Odds to Win The 2017 NL Pennant
- Los Angeles Dodgers +150
- Washington Nationals +300
- Chicago Cubs +350
- Arizona Diamondbacks +600
- Colorado Rockies +1200
Odds To Win The 2017 AL Pennant
- Cleveland Indians +160
- Houston Astros +250
- Boston Red Sox +325
- New York Yankees +425
MLB Series Prices - Moneylines To Advance
The MLB “series price” is a type of MLB playoff futures bet where people pick which team in any given series matchup will advance to the next round. MLB series prices are presented in the form of straight moneyline bets. Right now, Bovada only has two such bets posted with its 2017 MLB playoff betting odds (presumably because other teams’ lineups and pitching rotations aren’t yet set):
- Boston Red Sox +135 vs. Houston Astros -165
- Chicago Cubs +105 vs. Washington Nationals -135
Is Betting On The MLB Playoffs Legal?
Absolutely. If you use an online sportsbook like Bovada, SportsBetting, BetOnline, or 5Dimes, then betting on the MLB playoffs is legal. Because of various federal restrictions (The Wire Act, PASPA, UIGEA), many prospective Internet gamblers are under the impression that they’ve got to break the law to take advantage of any 2017 MLB playoff betting odds. That’s simply not true. The US government merely criminalizes people or companies that accept bets, not those who place them. Since the best legal online sportsbooks are all overseas and outside of US jurisdiction, such legalities are rendered moot. Nobody has ever been arrested, tried, or convicted just for betting on sports over the Internet.
Is The Runline Like The Spread In Football?
Exactly. In fact, the only thing different about the runline is its name. The runline, like the spread, handicaps matchups to balance the perceived skill levels of both teams involved and get bettors wagering equally on both sides. This means that a weaker team will “get runs” while a stronger team will “give runs.” The underdog will always be shown with a positive runline number, and the favorite will always sport a negative runline number. For an underdog to win, they must lose by fewer runs than whatever their runline shows. Favorites must win by more points than shown in their runline.
For example, let’s say the Yankees are +1.5 underdogs against the Red Sox. They can lose by up to one run (or, obviously, win outright) to win the bet. The Red Sox, at -1.5, must win by at least two runs for their bet to be a winner. (Half-runs in runlines are used to prevent any bets from “pushing,” which is an unfavorable outcome for sportsbooks since they most often require them to refund all of a given bet’s action.)
What Is The Best Deposit Method For US Bettors At Online Baseball Betting Sites?
If you need to get money into your online baseball betting sites of choice quickly, you should probably use a credit or debit card from Visa or Mastercard. (Bovada accepts American Express, but no other reliable sportsbooks currently do.) However, if you have a week or so of lead time before you wish to place any bets, then Bitcoin is probably the way to go. It’s naturally more secure than any other method, and there’s no paper trail attached to the cryptocurrency. Plus, Bitcoin has a tendency to appreciate dramatically at times, meaning that you could significantly increase your bets’ payouts by trading your Bitcoin winnings at an online exchange.
What Is A Deposit Bonus?
A deposit bonus is one of the ways that online sportsbooks incentivize bettors to keep playing at their sites. Basically, if you choose to receive the optional deposit bonus, your account cannot be cashed out until you spend a specific multiple of that deposit and bonus. At Bovada, for example, this “rollover” for sports betting is 5X. If you deposit $50 and receive a $250 bonus, the rollover will be 5 x $300, or $1500. You will be able to use the full $300 to bet on events of your choosing, but you will not be able to withdraw any winnings until you have bet a total handle of $1500 with Bovada. (Please note that you don’t have to lose $1500, you just need to bet that total amount in aggregate.)
Deposit bonuses are best utilized by folks who intend to bet on more than one or two games. If you’re going to bet periodically over the next several months, such bonuses can really add up. However, if you just want to get in on some 2017 MLB playoff betting odds and then hang ‘em up, you might want to forego these for now.