Historical Mlb Odds

Mlb Historical Odds Database
Historical Mlb Odds
Historical Mlb Betting Odds
Mlb Historical Odds Excel
Mlb Historical Odds And Scores
Historical Mlb Betting Odds

This section is showing information that is up to date as of the end of the 2020 MLB season. To join our email list and get notified when we launch the 2021 MLB section, register for a free account. Sticking with the example above, you might expect to see the NFL point spreads set at 13.5, with odds of -110 on the Eagles -13.5, and odds of -110 on the Jets +13.5. 65 votes, 45 comments. Have prepared a model that when backtesting is hitting 72% on No runs in first inning. Trying to find historical odds to. Welcome to Odds Warehouse, a site dedicated to providing you with the most relevant and advantageous sports statistics that will give you the insight you need to succeed in sports betting and daily fantasy sports. Spreadsheets containing years’ worth of historical betting odds and statistics are now available for instant download. MLB, Major League Baseball, is the biggest professional baseball competition and was founded in 1869. MLB betting odds can be found across OddsPortal.com There are thirty teams competing in the MLB at present with twenty-nine from the USA and a solitary team from Canada.

Introduction

The page will endeavor to give the recreational baseball bettor advice on the various bets. I have no handicapping skill in baseball whatsoever, so the best I can do is steer you towards the best type of bets. There are three primary ways to bet on baseball, as follows.

Money line: Bet on which team will win.
Total: Bet on whether the total number of runs will fall above or below a stated number, usually between 7 and 12.
Run line: Similar to a bet against the spread in football or basketball. However, in baseball the better team is always favored by 1.5. If the money line indicates neither team is favored, then either team could be the favored team.

Source of Data

Mlb Historical Odds Database

The data this analysis is based on is from the Major League Baseball games played over the 2016 and 2017 seasons. I had to remove two games because of incomplete data. The total number of games this page is based on is 4,929.

Fun Facts

The following table shows the average number of runs, hits, errors.

MLB Averages 2016-2017

Item	Away	Home	Total¹
Runs	4.47	4.64	9.10
Hits	8.71	8.64	17.34
Errors	0.58	0.58	1.16
Total	13.76	13.87	27.61

Notes

1. Totals may not appear to agree with sum of the parts, due to rounding.

Money Line Bets

When it comes to betting money lines in baseball, or any sports bet for that matter, what is number of basis points, or 'cents' between the lines of the two teams. For example, a 10-cent set of lines would be +120/-130 or +105/+105. Following is the theoretical house edge by number of cents in the lines, assuming the probability of each team winning is close to 50%.

10 cents: 2.38%
15 cents: 3.49%
20 cents: 4.55%

As of this writing (Sept. 20, 2018) here are which sports book groups offer which sets of money line bets in baseball.

10-cent lines: Westgate, William Hill, South Point, Stations, CG Technology, Golden Nugget, Jerry's Nugget, Boyd
15-cent lines: Stratosphere, Caesars, Wynn
20-cent lines: MGM/Mirage, Treasure Island

Home or Road Teams

I show money line bets on road teams perform slightly better than home teams. To be specific, I show the house edge to be 0.3% less on road teams than home teams. This is well within the margin of error, so I wouldn't put much stock in this difference.

Favorite or Underdog

Not surprisingly, I show money line bets on underdogs perform better than favorites. This seems to be true in every sport. To be specific, I show the house edge to be 0.70% less on underdogs compared to favorites.

Total Bets

The following table shows the number of times the total runs was over, under, and exactly on the over/under line. The return column shows the house edge, assuming a 20-cent line. Note that the house edge is 2.25% less on Under bets.