MLB Betting Guide for Canada

Major League Baseball (MLB) is officially the second most profitable sports league in the world in terms of revenue, behind only the NFL. There is also particular MLB betting interest in Canada, with two-time World Series champions Toronto Blue Jays being the sole team from the country.

Read on as our guide will take you through MLB’s best bets, betting sites, as well as how to read odds and more.

Best MLB Betting Sites in 2022

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Canada’s top sportsbook
1
4.5 /5
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Excellent
C$200 Bonus
  • Check icon Win Rate: 100%
  • Check icon Payout Speed: 24 hrs

Pros

  • Check icon Dozens of sports to bet on
  • Check icon Dedicated sports betting app
  • Check icon Specific esports promotions

Cons

  • Check icon FAQs section is lacking

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Best betting odds
2
3.9 /5
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Good
None Bonus
  • Check icon Win Rate: 100%
  • Check icon Payout Speed: 5 days

Pros

  • Check icon Lowest margin sports odds
  • Check icon Dedicated esports section
  • Check icon Multi View live betting option

Cons

  • Check icon Lack of bonuses & promos
  • Check icon No horse racing betting

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3
4.3 /5
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Great

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C$250 Bonus
  • Check icon Win Rate: 97.17%
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Pros

  • Check icon Very modern sportsbook
  • Check icon Low bonus wager requirement
  • Check icon Personalized sports betting

Cons

  • Check icon Promotions aren’t so regular

Payments

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4
4.1 /5
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Great
N/A Bonus
  • Check icon Games: 1,500+
  • Check icon Win Rate: 96.20%
  • Check icon Payout Speed: 1-5 days

Pros

  • Check icon Mobile apps for Android and iOS
  • Check icon eSports betting markets
  • Check icon 24/7 live chat

Cons

  • Check icon Poor VIP program
  • Check icon Live chat only in English
  • Check icon Not many payment methods

Payments

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5
4.2 /5
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Great
C$300 Bonus
  • Check icon Win Rate: 100%
  • Check icon Payout Speed: 24 hrs

Pros

  • Check icon Large sports betting selection
  • Check icon Dedicated sports betting app
  • Check icon Huge selection of promotions

Cons

  • Check icon No live chat support

Payments

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Best racebook
6
4.1 /5
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Great
C$125 Bonus
  • Check icon Win Rate: 97.22%
  • Check icon Payout Speed: 3 days

Pros

  • Check icon Refer-a-friend bonus offer
  • Check icon Stylish sportsbook design
  • Check icon Separate racebook section

Cons

  • Check icon Few esports betting options

Payments

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7
4.0 /5
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Great
C$300 Bonus
  • Check icon Win Rate: 100%
  • Check icon Payout Speed: 1-2 days

Pros

  • Check icon 1,000 daily sports events
  • Check icon Dedicated esports section
  • Check icon 24/7 customer support

Cons

  • Check icon Limited VIP program

Payments

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8
3.8 /5
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Good
C$500 Bonus
  • Check icon Win Rate: 100%
  • Check icon Payout Speed: 48 hrs

Pros

  • Check icon Leading sports odds
  • Check icon Fast and easy to navigate
  • Check icon Daily promos & free bets

Cons

  • Check icon No live streaming available

Payments

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9
3.9 /5
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Good
C$1,000 Bonus
  • Check icon Win Rate: 100%
  • Check icon Payout Speed: 5 days

Pros

  • Check icon Big variety of sports markets
  • Check icon Award-winning mobile app
  • Check icon Great sports betting promos

Cons

  • Check icon Slightly confusing sports page

Payments

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10
3.9 /5
Info icon
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Good
C$200 Bonus
  • Check icon Win Rate: 100%
  • Check icon Payout Speed: 1-3 days

Pros

  • Check icon Multiple live betting options
  • Check icon Very appealing site design
  • Check icon Quick payout times

Cons

  • Check icon Deposit & withdrawal fees
  • Check icon Customer support is not 24/7

Payments

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How MLB Odds Work

We’ll take you through how to read MLB odds. Depending on which odds format you wish to use – decimal (most common in Canada), American moneyline or fractional – our MLB betting calculator below will convert and display how much you can profit with certain bets:

MLB Best Bets & Betting Options

We’ll now go through what the best MLB bets are and how to bet on MLB games with examples:

Moneyline

The MLB moneyline is the most common market in baseball betting, as it is simply which team will win a game.

For example: Toronto Blue Jays (2.35) @ Los Angeles Dodgers (1.62). The Blue Jays’ higher decimal odds make them the underdogs against the Dodgers.

Run line / Spreads

To even the playing field, sportsbooks handicap the more skilled team by forcing them to win by a certain number of points in order to win the bet.

If the Blue Jays are listed at -1.5, for example, it means they’re the favourites and must win by two or more points for the bet to win.

The difference between a run line and point spread is that a run line almost always has a handicap of 1.5.

Prop Bets

Proposition bets are special wagers offered by the sportsbook and include lots of different bets.

Some examples include: Last team to score, first team to score and win the game, most hits in a game and who will have the lead after a certain number of innings.

Over / Under

A sportsbook sets a line and you bet on whether the outcome will be more or less than the line. The most common MLB over/under bet is on the total number of runs from both teams.

Futures Bets

MLB futures odds consist of markets that are available preseason and throughout the season. Odds for each will fluctuate across the year depending on whoever is eliminated or looking unlikely to qualify/win.

Popular futures bets include: MLB World Series winner, Division winner, American/National League winners and who’ll reach the playoffs etc.

Parlays

To create some of the biggest odds, you can tailor your own bet which is called an MLB parlay bet or accumulator.

This is when you can combine bets on two or more teams winning each of their games for an even bigger payout. Just remember that if one of your selections lose, then the whole bet loses.

Live Betting

Another great option for baseball fans is MLB live betting. This is a feature that most top sportsbooks offer, usually in a separate section on the site.

You can make regular bets but while a game is in-play. Odds will fluctuate often, and it means you can often find more enticing odds if you fancy a team to comeback. You can bet on unique markets too, such as: who’ll win the next innings.

MLB Betting Tips

When MLB sports betting online, players from Canada can choose from a wide variety of odds offered on the most and least favourite teams of any match. If you are betting on the most favourite, you normally need to place a bet that is higher than C$110 to be able to win at least a Bordon.

Most avid online players will use multiple options and strategies to maximize their possibilities of winning. We suggest that you also give this a try, and combining different bets can sometimes be even more profitable.

We also suggest that you keep an eye out for new and regularly updated odds on your selected sites. You can check out our MLB sportsbook reviews to find the best one suited to you. These will be constantly updated depending on a team’s performance, new fixtures, big games and so on.

It is always better to place bets when there are favourable odds, and you will definitely become quickly accustomed to how these work once you give it a try.

More on Baseball Betting

FAQs

When is the 2021 MLB season?

The regular 2021 MLB season began on April 1 and is set to end on October 3. The World Series is scheduled for October 26 until November 3, if it goes to Game 7.

What are the best MLB betting sites?
How do I bet on MLB games?
What types of MLB bets are there?
What is the MLB betting line?
Can I make money betting on MLB baseball?