MLB Live Betting: How to Live Bet on Baseball

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MLB Live Betting Baseball
(Photo by David Berding/Getty Images)
BetMGM @BETMGM May 30, 2023, 12:59 PM

BetMGM has live sports betting for more than 2,500 MLB games each year. From Opening Day through the final World Series game, you can bet on live odds.

What is Live Sports Betting?

When a game starts, live sports betting begins.

It’s a unique experience that allows fans to grab more control of odds and leverage their sports and betting knowledge into more lucrative opportunities.

Whether you’re watching a Los Angeles Dodgers-San Francisco Giants game on TV, streaming a Boston Red Sox-Chicago Cubs game on your phone, or watching the Detroit Tigers from the bleachers at Comerica Park, you can up the entertainment ante with a live sports bet.

Here’s an example from a Minnesota Twins game against the New York Yankees. Pregame odds might have been:

  • Moneyline: Yankees -115, Twins -110
  • Run line: Yankees -1.5 (+135), Twins +1.5 (-165)
  • Over/under: Over 9.5 (-105), Under 9.5 (-115)

Moments before the first pitch, the pre-game odds were locked. Maybe, in anticipation of their continued dominance over the Twins, you held a Yankees’ run line ticket that would pay $235 on a $100 bet but passed on the money line and over/under.

Or maybe you combined the Yankees’ run line with the Chicago White Sox run line (-1.5 at -105) against the Toronto Blue Jays and the Oakland Athletics’ money line (-225) against the Arizona Diamondbacks.

Regardless of your pre-game bets, MLB betting for Yankees-Twins didn’t end at the first pitch. With a first-pitch strike, live betting opened. For the next few hours, more than a dozen different types of bets were available to all customers.

How To Live Bet on MLB Games

Perhaps the Yankees and Twins were tied at 1-1 with two outs in the bottom of the sixth inning. At this moment, here are some potential odds:

  • Run line: Yankees -1 (+155), Twins +1 (-190)
  • Yankees’ runs: Over 2.5 (-125), Under 2.5 (-110)
  • Yankees’ runs in 7th: Over 0.5 (+200), Under 0.5 (-300)
  • Extra innings: Yes +340, No -650

You liked the Yankees to win the game and score at least five runs in doing so. Now, after placing the $100 pre-game bet on the Yankees’ run line, you held three tickets, all for the Yankees:

  • $100: Run line (+135)
    • Potential payout: $245
  • $100: Run line (+155)
    • Potential payout: $255
  • $100: Over 4.5 runs (-125)
    • Potential payout: $180

Live Betting Parlays

MLB live betting isn’t limited to single bets. You can combine two or several in-game bets into a live betting parlay.

Instead of, or in addition to, the single live bets placed during the sixth inning of the Yankees-Twins game at approximately 10:30 p.m. ET, the Diamondbacks were leading the A’s, 1-0, in the third inning. Oakland’s money line was now -120 – down from -225 before the game – as they sought to hand Arizona an 18th consecutive road loss.

By combining the Yankees’ sixth-inning run line odds of +155 with the Athletics’ third-inning money line odds of -120 into a $100 parlay, you held a live betting parlay ticket with a potential payout of $467.50. And that ticket cashed after the A’s scored five runs in the fourth and rolled to a 5-2 win.

Visit the BetMGM sports book to view updated MLB odds, including NRFI odds, throughout the MLB season.

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