MLB Betting in New York

New York is the home of baseball, and it’s where the world’s most famous baseball team resides. However, New York residents can’t currently place bets on MLB games unless they visit a retail casino within the state.

Fortunately, mobile sports betting may be on the horizon. Let’s take a closer look at the state of MLB betting in New York so you’re ready to take advantage of new sportsbooks if and when they launch.

How to bet on baseball in NY

Although New York is arguably the capital of baseball in the U.S. (and, therefore, the world), the state does not currently allow mobile or online sports betting. It does allow retail sports betting through the licensed and partnered sportsbooks that provide retail locations in legal Native American casinos throughout the state.

As a result, sports betting enthusiasts can only bet on MLB matches and players when they physically visit one of these retail casinos. However, New York’s legislature has recently been pushing for sports betting legalization through a pair of important bills. Furthermore, Gov. Andrew Cuomo has come out and publicly stated his support for mobile sports betting legalization.

This change of course from previous sports betting restrictions is likely due to the increased income states like New Jersey and Pennsylvania have enjoyed relative to New York. The New York State government may be looking to benefit from similar income increases and consider sports betting to be a viable path to get it.

This being said, no major developments have yet taken place. But 2021 is still early and it’s possible that sports betting could be legalized by the end of this year. A full online sports betting launch could follow just a few months later since many of the retail sportsbook operators already in New York also have robust mobile apps that they provide in other states.

MLB betting odds

Major League Baseball uses a similar odds system as other professional sports leagues. In a nutshell, positive odds are assigned to underdogs or teams less likely to win/events less likely to occur. Negative odds are assigned to favorite teams/events that are more likely to occur.

Furthermore, American sportsbook operators assigned their odds based on $100 benchmarks. Positive odds indicate how much money to spend to win $100. Negative odds tell you how much money you will win if you wager $100 and your wager is correct.

For example, a typical MLB moneyline odds spread for a single match might look something like this:

  • New York Yankees -300
  • Houston Astros +300

In this hypothetical scenario, the New York Yankees are expected to win. So you’ll need to wager $300 to make $100 if they win a match against the Houston Astros. On the flip side, the Houston Astros are not expected to win. So if you wager $100 on them and they are victorious, you’ll win another $300 as your prize.

But New York MLB betting odds can also be displayed in run lines. Run line odds are attached to most MLB games. These are typically set at 1.5 or 1 ½ runs (scores in baseball). These odds tell you by how many runs a team needs to win or lose by for your wager to be correct.

Take the above example again:

  • New York Yankees +1.5 (-300)
  • Houston Astros -1.5 (+300)

In this case, a gambler betting on the New York Yankees would need them to win by more than 1 ½ runs for their wager to be correct. Someone betting on the Astros would have an easier time. So long as the Astros lost by less than 1 ½ runs, they would still take home some money.

Total odds are also calculated for bettors who wish to wager on whether or not a given team will win or lose by a set number of runs. For instance, a particular wager might have an “Over 8.5 (-100)” rating, indicating that you can bet that a given team will win the game by over 8 ½ runs. You’d need to wager $100 to win $100, however.

Popular types of MLB bets

Most sportsbooks that offer MLB betting markets will let you place a wide variety of bets. Here are the most common options.

  • Moneyline: Moneyline bets are straightforward. You’re just betting on which team will win a particular game. Again, favorites to win are assigned negative odds. Underdogs have positive MLB odds attached.
  • Run line: Run Line bets take the place of point spread bets that you see with other major sports betting markets. This is usually set at 1.5 runs. In these wagers, you have to choose the team that wins or loses by a 1.5-run margin.
  • Totals: Totals bets revolve around the total number of runs that are scored for a game. You place a wager deciding whether the game will be won or lost by more or less than the set number of runs, which is usually 8.5 runs.
  • Props: Prop or proposition bets are unique betting types that can cover a wide range of events or outcomes. They’re usually bets that cover single occurrences, such as whether a particular player makes a home run (these wagers are popular with big MLB stars), whether a particular player is injured, whether player strikes out, and so on. Prop bets are fun since they allow sports bettors to wager on more than just the score of a game. As such, they are oftentimes more creative than other types of wagers.
  • First five innings: MLB betting also offers first five innings bets. Rather than choosing who will win the entire game, sports bettors just have to pick who they believe will be ahead after the first five innings. That’s because this team usually goes on to win the game according to MLB historical data.
  • Series betting: MLB series betting involves betting on the overall series. For example, if you’re a diehard New York Yankees fan and believe that they will win the World Series in the end, you can place a wager and not have to worry if they lose a game here or there. Your money is only on the total outcome of the World Series at the end.
  • Parlays: Parlay bets involve placing multiple small bets and collecting them into a parlay wager. You have to win each “leg” of the bet to take the pot. For instance, you can bet that your favorite player will score a home run, that the New York Yankees will win the current game, and that they’ll win by a certain number of runs. The potential prize pools for these wagers can be high since you have to win every leg to be successful.

Best MLB betting sites in NY

While New York doesn’t offer any online MLB sports betting sites, many of the sports betting industry’s most popular operators already have a retail presence in New York. The following sportsbooks will likely be among the first to launch if and when mobile sports betting is legalized in the Empire State.

DraftKings Sportsbook

DraftKings is the biggest sports betting giant in the US. It offers a fantastic mobile app and a special mobile-only betting pool that mobile users can enjoy on game days. It also offers fantastic live streaming and a generous opening bonus worth up to $1000.

FanDuel Sportsbook

FanDuel is the other big operator in New York. It offers a risk-free bet opening bonus of up to $1000, good live streaming functionality, and wide and varied betting markets for a variety of sports, including MLB.

BetMGM Sportsbook

BetMGM is an up-and-coming sportsbook with a robust mobile app and a solid rewards program that rewards you with bonus points and betting cash the longer you use the platform.

PointsBet Sportsbook

PointsBet is another solid sportsbook operator. It takes its name from a special “pointsbet” wager type that you can only find on this mobile sportsbook. It’s a perfect type of wager for high-risk, high-reward sports betting enthusiasts. 

MLB futures betting

MLB betting markets also allow you to place futures bets. Most MLB futures betting surrounds the outcome of the World Series. Futures wagers have you put cash down about the outcomes of future events.

World Series futures bets are allowed as soon as the MLB season starts. The earlier you place your bet, the greater your potential prize. But odds are regularly updated for futures bets, so you may make more accurate predictions as the World Series draws closer and closer.

Tips for MLB betting

MLB betting isn’t quite like sports betting for other major leagues. As a result, it’s a good idea to have a few top betting tips in mind as you place your wagers.

1. Avoid placing big bets on favorite teams

Oddsmakers know that most players stick to their baseball teams and will set the MLB betting lines accordingly. You should instead read up on the different teams and figure out which ones have the best potential for victory according to recent player trades, GMs, and other factors before putting down your money

2. Pay attention to the weather

This makes a big difference because the wind can affect how a game plays out. Big winds that blow in at over 5 mph can benefit underdogs by reducing the number of home runs that favorite teams manage to secure, opening the game up for underdog teams to shine in other areas and potentially win

3. Figure out who the umpires are

That’s because the umpires play a huge role in how a game shakes out. Some umpires can become more strict when crowds boo their decisions, which can benefit the away team (who presumably don’t have the crowd on their side). Other umpires are more generous with their strike zone calls, which can be harsh for teams up to bat. Bottom line: knowing who the umpire is can help you make smart wagers over the long-term

MLB season rundown

The overall MLB season is quite long. It consists of 162 games for every team on the roster, which includes both the American League and National League. There are 30 teams in total, so there are 2,430 games each season including the postseason.

The regular MLB season runs from late March to early April to late September or early October. Spring Training takes place from season start to on opening day, which is usually in the first week of April.

The regular season runs until early October at the latest. Then the postseason starts, which can sometimes run into early November. The postseason is the elimination tournament that’s held after the regular season to determine which teams will move on to the World Series. It consists of at least 26 games and a maximum of 43 games.

Finally, the World Series is held annually in the fall. In 2021, it will be held sometime in October.

Yankees and Mets

New York is such a big baseball heaven in part because it has two major league teams: the New York Yankees and the New York Mets.

They are both based out of New York City, but the New York Yankees are part of the American League and the New York Mets are part of the National League. The two teams have a friendly rivalry, though the Yankees have a much more impressive record, having won the World Series a total of 27 times. In comparison, the New York Mets have only won the World Series twice.

MLB FAQ

Is betting on baseball legal?

In New York, betting on baseball is only legal at retail sportsbooks locations within Native American casino grounds.

Can MLB players gamble?

No. Doing so would be a conflict of interest. MLB players, other members of the league, and umpires are forbidden from gambling on baseball games ever. They can place bets on other sports.

Is MLB losing popularity?

No. However, attendance at games was necessarily down throughout 2020 due to the COVID-19 pandemic.

Where is baseball most popular?

Baseball is most popular in America due to it being a sport first formed in this country. However, baseball is also popular in many Latin American countries, such as Mexico and South Korea.

Is there live betting in baseball?

Yes. Some major sportsbooks provide live betting for baseball, which includes separate betting markets based on live-streamed games.