Looking to place some action on the best MLB prop bets today? We hear you.
In this article, we’ll be running through the best MLB player props and team props – and take a look at the latest odds for MLB futures bets, like the 2023 Cy Young Award. We’ll also touch on all the types of bets you can place once the season is up and running.
We’ve found that Bovada offers the widest range of proposition bets for the MLB at great odds, but there’s a lot more to talk about — so read on.
Best MLB Prop Bets Today: MLB 2023 Player Awards Odds
Cy Young Awards Odds
The 2022 season ended with a bang. The Houston Astros beat the Phillies 4-2 in the World Series. It was the fifth time the Astros made it all the way to the World Series and only the second time they’ve won it in their history.
Now that the 2022 season is over, it’s time to turn your attention to the Cy Young Awards and MLB MVP odds 2023 — two types of MLB player prop bets today that are currently available at sportsbooks like Bovada and BetOnline.
And while the race is seemingly tight between Juan Soto and Aaron Judge, our MLB experts take a look at the overall runners and riders to see who’s got a chance, who’s a dark horse – and who should probably be ignored.
MLB Prop Bets: MVP Odds
Juan Soto (+260)
Juan Soto has been installed as the favorite at most online betting sites for the MVP 2023. He also started the 2022 MLB season as the favorite and was the top pick for many.
However, (+260) doesn’t come with a lot of value attached to it, despite the fact that Soto is a super safe bet. It’s almost a given right now that he’ll win this at a canter, so the real question is whether or not you want to go have a crack at those short odds.
Aaron Judge (+310)
There’s a lot of money being staked on Aaron Judge right now, with this superstar hitter sitting just behind Juan Soto as the second favorite.
One of the key things about Judge is that, after a nightmare period in which he fought injury after injury, he’s been off the sick bed for two years now. That’s good news because it means he’ll have plenty of batting time in 2023, should things stay the same.
(+310) is better value than Soto (although only slightly), but there’s definitely a case to be made for Aaron Judge being a big MVP challenger.
Mike Trout (+450)
Mike Trout is the third favorite to win the MLB MVP 2023. He’s already won it three times, and we wouldn’t put it past him winning it a fourth time.
One of the things that might stop him is injuries. He’s been hampered of late with them, and if they curtail his playing time, his chances of winning the MVP will plummet.
On the other hand, you might want to consider those 40 home runs he hit. Yeah, it’s a tough one.
Jose Ramirez (+800)
If we had to pick a true dark horse contender for the MLB MVP, it’d be Jose Ramirez. Yes, he’s pegged at (+800) – but he’s a value pick because he’s always there or thereabouts when it comes to the MVP.
What’s more, Ramirez is a largely injury-free player who works well when it comes to MLB player props: In 4 out of the last 5 years, he’s struck a +140 OPS.
What needs to happen for Ramirez to win the MLB 2023? We’d argue he just needs to have a better season than usual.
Mookie Betts (+900)
Mookie is a better price than Jose Ramirez and would work well as an alternative dark horse selection. His big issue is consistency – if he can start adding more of that to his game, we think he has a chance.
After all, when Mookie is on it, he is on it. We’ve all seen him smash five home runs over 7 days, and he’ll be spurred on to make amends for the Dodgers’ fairly underwhelming end to 2022.
MLB Prop Bets: Cy Young Awards Odds 2023
The Cy Young Award is one of the hardest MLB player prop bets to get right by virtue of the fact that you’ll need to back an injury-free player who starts at least 30 matches over the course of a 162-game season.
And if you go for a pitcher, they’ll need to achieve at least 200 strikeouts.
Here are our top picks based on the latest Cy Young Award 2023 odds:
Dylan Cease (+650)
Dylan Cease scored a 14-8 record in the MLB 2022 season and was a great pick in the MLB player prop bets department throughout the year. His control is still rusty, but it’s no surprise he’s one of the favorites.
Jacob deGrom (+700)
Jacob deGrom has arrived newly minted at Texas – but our main concern is that his last two seasons have been hampered by injury, with deGrom starting just 26 games.
Gerrit Cole (+750)
Gerrit Cole had a stellar 2022 season when he scored 13-8 by the year’s end. His 257 strikeouts saw him lead the Majors, but he needs to work on his home runs.
Alek Manoah (+800)
Alek Manoah came third in the MLB Cy Young voting in 2022. That was a solid effort from a 25-year-old who posted a 16-7 record.
Carlos Rodon (+1000)
Carlos Rodon recently signed with the New York Yankees. He left the Giants with a 14-8 record in 2022 and scored 237 strikeouts, which was enough to rank in the Majors.
Check out the latest picks and prop bets for other sports:
All The Different MLB Prop Bets for Major Baseball League Games
An MLB prop bet is a different way of betting on an MLB game. Instead of betting on the moneyline or the spread, you can instead bet on specific events – such as the number of home runs a player might hit during a game.
You can place MLB props during the game, and you can also place MLB props futures bets – such as the different prop betting options we’ve just seen above (MVP of the year and the Cy Young Award) – before the season starts.
Let’s take a look at each type of MLB prop bet you can place on an MLB game:
MLB Player Props
With this type of prop bet, you’re betting on an individual player to achieve a certain something during a game.
Some types of MLB player prop bets include how many strikeouts (over/under total hits) a player will hit and whether a player will hit a home run (or not).
You can also pit different players against each other with MLB player prop bets – for instance, will Player A achieve the most strikeouts, or will it be Player B?
Other examples of MLB player prop bets include MVP of the year.
MLB Team Props
MLB team prop bets work differently from MLB player prop bets by virtue of the fact that, instead of placing a prop bet on an individual player, you’re placing a prop bet on a whole team.
Let’s say that the Astros are playing the Dodgers tonight. Some of the MLB team prop bets you might choose here include the Dodgers to score over 5.5 total runs or the Astros to score under 5.5 total runs.
Other examples of MLB team prop bets include whether or not there’ll be a run in the first inning. More instances of MLB team prop bets include which team you think will be winning after 5 innings.
Moreover, MLB team prop betting gives you the choice of either placing a prop bet on one of the teams or MLB team props on both teams combined. For instance, you can bet on either total errors for an individual team or whether team A will commit more errors than team B.
MLB Futures Prop Bets
Besides placing a prop bet on an MLB game, you can place MLB prop bets today before the season has even started.
These MLB prop bets are otherwise known as futures bets. These include the MVP of the year, as well as the winner of the Cy Young Award, while other MLB prop bets futures include whether or not a player will win the Triple Crown and which League – the AL or the NL – will score the best record.
MLB Prop Betting Tips (Expert Advice & Picks)
MLB prop betting can certainly make betting on a baseball game more interesting. What’s more, prop bets tend to come with better odds than betting on the moneyline or the spread. Therefore, they can be a more lucrative MLB betting strategy that boosts your bankroll.
Naturally, like with any form of MLB betting, MLB prop betting requires a solid knowledge of the game if you’re to win more prop bets than you lose. Let’s now uncover a few MLB prop betting tips to help you level up your prop bets game.
Pitching Matchups/Starting Pitchers
Before you place any MLB prop bet, it’s a super smart idea to check the pitching matchups.
You can find this information on dedicated MLB websites, and it will go a long way to helping you determine where to place your prop bets.
If you’re wagering your hard-earned cash on a batter as your prop bet, you want to know which pitcher he’s facing. Is he facing one of the best in the MLB? You might want to rethink your prop bets.
Streaks and Slumps
An MLB season is 162 games long.
In other words, it’s long – real long.
Teams will go on winning streaks, and they’ll hate losing slumps. For MLB prop betting, this is actually cool. Provided you can spot trends and patterns and can see when teams and players are on hot streaks or losing streaks, you can place better MLB team prop bets and better MLB player prop bets.
So it’s a good idea to assess a team’s performance in the last few weeks. This will help you better determine how many strikeouts a player might achieve, whether or not there’ll be a home run scored, stolen bases – and so on.
Read the Stats
We get it – not every MLB bettor is a stats guy or gal. But stats matter so much in American sports in general. And if you know your stats, you will have a higher chance of predicting the outcome of an MLB prop in advance.
While you won’t always be accurate with your prop bets, your MLB prop betting results will get better the more you check the stats.
After all, stats give you concrete insight into various MLB player prop bets and MLB team prop bets. You’ll be armed with info about the teams combined, stolen bases, home runs by individual players – and so on.
Where to Find the Best MLB Prop Bets
- Bovada: Best overall
- BetOnline: Best MLB betting tools
- MyBookie: Best for live MLB betting
- MyStake: Best for MLB team props
- SportsBetting.ag: Top pick for futures props
- Everygame: Generous bonuses
- BetUS: Free MLB picks and predictions
We picked Bovada as the best online sportsbook to bet on MLB props. Check out the reasoning behind our decision below.
Wide range of MLB player prop bets: Bovada offers more player prop bets than most sports betting sites. It even comes with a Prop Builder that makes your life easier, and you can pretty much bet on anything and everything when it comes to the MLB. This includes how many total bases, whether or not a player will hit a home run – and much more.
Consistently great odds: Whatever type of prop bet you want to place – MLB player props, team props, or future bets – Bovada lets you maximize your profits by offering the best odds possible.
Regular bonuses and rewards points: Bovada is an online sportsbook that treats new users to a $750 welcome bonus. This is followed by a $200 referral bet, and you will also rack up rewards points anytime you place a prop bet on a baseball game. Rewards points are an excellent way of ensuring you get to withdraw a healthy cash balance at a later date.
Hugely reputable: Bovada has been offering MLB player prop bets for over 10 years. It’s SSL-secure, it supports tried and trusted payment methods, and it’s legit to use.
Get a Bonus for Placing MLB Prop Bets at Bovada
If you’re excited by the idea of placing MLB prop bets, you can join Bovada/s online sports betting site today and grab a $750 welcome bonus straight off the bat.
This is a 75% matched deposit offer that’s available when you make a first deposit of $20 or more using crypto — the bonus for USD deposits is 50% up to $250.
Essentially, this welcome offer means that if you make a first deposit of $100, Bovada will instantly credit you with an extra $75 to bet with.
Bovada is consistently rated as one of the top sportsbooks for MLB prop betting. For every single game throughout the season, Bovada releases a wide range of MLB player prop bets, including strikeouts, home runs, stolen bases, and more.
You can also take your pick from a variety of MLB team props and take advantage of MLB futures prop betting options like MVP of the year 2023.
Even better, Bovada offers the best odds available.
Why Place an MLB Prop Bet Online?
Safe and secure: Placing prop bets online has never been safer. There is a raft of legit, licensed sportsbooks that have put in place a host of security measures that keep you and your details safe.
There are lots of bets to choose from: The list of MLB prop bets you can place is endless. Whether you want to specialize in team props or MLB player prop bets, you can be as creative as you want with your bets, with online sports betting sites now offering more options than ever.
Get rewarded for betting: Not only do the best online sports betting sites offer welcome bonuses, free bets, and reload bonuses, but they also let you earn rewards points each time you place an MLB prop bet. Over time, you can then redeem these points for bonus funds or straight cash.
Compare odds: Lastly, if you sign-up for a few different sportsbooks, you can compare the types of props that are available, as well as hunt down the best price possible. Instead of being completely dependent on just one site, you can boost your profits by betting with the sportsbook that offers the best odds.
How To Sign-Up & Place MLB Prop Bets
If the idea of betting with Bovada sounds good to you, here’s how to join in a few quick steps:
Step 1: Start the registration process
Click here to open Bovada and hit the bright red “Join Now” button at the top right corner of the homepage. Click it to begin the registration process.
Step 2: Fill in the Form
A one-page form pops up on the screen. This form contains seven fields, including your first and last name, that shouldn’t take more than 2 minutes to fill in.
Step 3: Agree to the T&Cs
At the bottom of the form, you’ll need to tick the box that confirms you agree to the terms and conditions. Then, click “Register” for Bovada to create your account.
Your account is now created — so it’s only a matter of following the on-site instructions to place your deposit and bet on the MLB.
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Guide to MLB Prop Betting
Is it Safe to Place an MLB Prop Bet?
Yes, it’s totally safe to place MLB prop bets of any kind as long as you sign-up for a legit online sportsbook like Bovada. This will ensure that your details are safe and secure and that you’ll be guaranteed to withdraw any money you win by betting on MLB props.
What is an MLB Player Prop Bet?
An MLB player prop bet is a popular prop betting option that involves betting on specific players in an MLB game to achieve certain things during the game.
For example, a popular MLB player prop bet is for a player to score over/under X number of strikeouts.
Other examples of MLB player prop bets include a player hitting a home run (yes or no) and an MLB player having more strikeouts than another player.
Where Do I Find the Best MLB Player Prop Bets?
Established baseball betting sites like Bovada consistently offer the best MLB player prop bets, both in terms of the variety of their betting options as well as their odds. Bovada comes with a Prop Builder tool that you can use to put various MLB player prop bets together in the same selection.
How Do I Place an MLB Prop Bet?
Then, when looking at the different MLB betting markets, look for the section that says “props.” Here you’ll find a wide selection of possible prop bets, including team props and MLB player prop bets.
Once you’ve found a bet you like the look of, simply add it to your selection. When you’re all set to place the bet, enter a stake before pressing “place bet.”
Can I Make Money Placing MLB Player Prop Bets?
Yes, you certainly can make money by placing MLB player prop bets. Whether you’ll be successful in the long term is another matter, but what’s key is that you stick to a bankroll and that you place bets you understand.
For example, if your area of expertise lies with total bases, you could try that particular bet.
What Other Types of MLB Bets Can I Place?
Besides placing MLB team and MLB player prop bets, you can bet on the moneyline and the spread.
You can also dip into the futures market, such as betting on who will win the World Series, as well as try your luck on season MLB prop bets, including who will win the MVP.
Check out the best online sportsbooks by state:
- Montana sports betting
- Kentucky betting sites
- Tennessee sports betting apps
- Mississippi sports betting sites
- Best sports betting sites in Texas
- Louisiana sports betting
- Best Colorado online sportsbooks
- Sports betting in New Mexico
Ready to Get Started With MLB Prop Betting?
There are hundreds of different MLB props to look at — and you’ve just learned where to find the best variety and odds when you’re ready to get started with MLB prop betting.
We recommend Bovada as the number one MLB prop betting site, thanks to an extensive range of player prop bets, great odds, and regular offers. What’s more, you can get started with a $750 welcome bonus.
Whatever you decide to do, just remember to stay in control whenever you bet and to always gamble responsibly.
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