Maximizing Your Wins: The Best MLB Betting Bonuses 2024

Maximizing Your Wins: The Best MLB Betting Bonuses 2024
Place your first cash bet up to $1,000, and if the bet loses, you will have your wager refunded in Bonus Bets. T&Cs, time limits and exclusions apply. Must be 21+ and present in OH. Gambling Problem? Call 1-800-GAMBLER.

Baseball season brings unparalleled excitement, and using MLB betting bonuses only adds to the thrill. In this article we'll explore top sportsbook welcome bonuses, including all the best baseball betting site bonus offers available to you this MLB season and — hopefully — helping you hit a home run with your wagers.

If you want to take advantage of any of today's MLB promos, here are the best odds you'll find:  

Today's MLB Odds
May 2nd | 1:10pm
Run Line
Win
Over/Under
Cubs Cubs CHC
-1.5 +160DraftKings
-108DraftKings
O 8.0 -105BetMGM
Mets Mets NYM
+1.5 -172FanDuel
-108FanDuel
U 8.0 -106FanDuel
May 2nd | 1:35pm
Run Line
Win
Over/Under
Giants Giants SF
-1.5 +164DraftKings
+102DraftKings
O 9.5 +100BetMGM
Red Sox Red Sox BOS
+1.5 -192FanDuel
-116FanDuel
U 9.5 -118DraftKings
May 2nd | 2:35pm
Run Line
Win
Over/Under
Nationals Nationals WSH
+1.5 -125BetMGM
+176FanDuel
O 8.0 -105BetMGM
Rangers Rangers TEX
-1.5 +114DraftKings
-190BetMGM
U 8.0 -104FanDuel
May 2nd | 8:10pm
Run Line
Win
Over/Under
Guardians Guardians CLE
+1.5 -175BetMGM
+112FanDuel
O 9.0 -105DraftKings
Astros Astros HOU
-1.5 +158FanDuel
-130DraftKings
U 9.0 -115DraftKings
May 3rd | 2:20pm
Run Line
Win
Over/Under
Brewers Brewers MIL
--
--
--
Cubs Cubs CHC
--
--
--
May 3rd | 6:10pm
Run Line
Win
Over/Under
Orioles Orioles BAL
--
--
--
Reds Reds CIN
--
--
--
May 3rd | 6:40pm
Run Line
Win
Over/Under
Giants Giants SF
--
--
--
Phillies Phillies PHI
--
--
--
May 3rd | 6:40pm
Run Line
Win
Over/Under
Rockies Rockies COL
--
--
--
Pirates Pirates PIT
--
--
--
May 3rd | 6:45pm
Run Line
Win
Over/Under
Blue Jays Blue Jays TOR
--
--
--
Nationals Nationals WSH
--
--
--
May 3rd | 6:50pm
Run Line
Win
Over/Under
Mets Mets NYM
--
--
--
Rays Rays TB
--
--
--
May 3rd | 7:05pm
Run Line
Win
Over/Under
Tigers Tigers DET
--
--
--
Yankees Yankees NYY
--
--
--
May 3rd | 7:10pm
Run Line
Win
Over/Under
Angels Angels LAA
--
--
--
Guardians Guardians CLE
--
--
--
May 3rd | 7:40pm
Run Line
Win
Over/Under
Rangers Rangers TEX
--
--
--
Royals Royals KC
--
--
--
May 3rd | 8:10pm
Run Line
Win
Over/Under
Red Sox Red Sox BOS
--
--
--
Twins Twins MIN
--
--
--
May 3rd | 8:10pm
Run Line
Win
Over/Under
Mariners Mariners SEA
--
--
--
Astros Astros HOU
--
--
--

Why Betting Bonuses Matter

Just about all the online sportsbook operators currently out there offer new MLB bettors enticing incentives to become a member on their site, including exciting sign up bonuses, bonus bets, bonus code offers, and enhanced odds. These perks can amplify the MLB betting site experience by providing you with additional bet credits that you can wager with, lowering your initial risk as a newcomer to the site. With a first bet bonus, you can explore different markets, strategies, and potentially boost your winnings without bearing all the financial burden upfront.

Current MLB Sportsbook Welcome Bonuses

These are some of the very best Major League Baseball betting promos that online gambling operators are offering right now, so read on to find out where to go for each of the most enticing bonuses on the market.

  • BetMGM’s New User Promotion New users are flocking to the BetMGM online sportsbook to claim its potentially lucrative welcome bonus offer. Claim it and get up to $1500 in Bonus Bets if your first bet loses (offer varies by state). This exciting promotion injects extra fun into the experience of Major League Baseball betting, providing all newcomers to the website with the chance to explore various MLB markets with bonus funds. Whether it's spreading bets across different games or going all-in on your favorite team, this bonus is sure to improve the betting experience for all baseball bettors on the BetMGM online sports betting site.
Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in OH. In partnership with MGM Northfield Park. Gambling problem? Call 1-800-GAMBLER. Visit BetMGM.com for T&Cs. US promotional offers not available in NY, NV, or Puerto Rico.
  • Caesars Sportsbook’s Sign-Up Offer With an offer similar to BetMGM's, Caesars online sportsbook is enticing new MLB bettors with a hefty $1,000 bonus bet upon sign-up. You'll get your stake back as a bonus bet if your wager isn't successful. With this substantial bonus, Major League Baseball enthusiasts can dive deep into any given baseball game, experimenting with a range of different betting strategies or perhaps taking a bold swing on an underdog. The $1,000 betting bonus provides ample opportunities to win big with your first bet on Caesars sports betting site, so it is one that you should not miss out on.
OH only. 21+. New users and first wager only. Must register with eligible promo code. Bet amount of qualifying wager returned only if wager is settled as a loss. Maximum bet credit $1,250; must be used within 14 days of receipt. See Caesars.com/promos for full terms. Void where prohibited. Know When To Stop Before You Start.® Gambling problem? Call 1-800-GAMBLER
  • BetRivers 2nd Chance Bet Betrivers online sportsbook is currently presenting its MLB bettors with a very enticing offer: a second chance bet worth up to $500 (offer varies by state). This promotion serves as a safety net for bettors, meaning you can effectively place your first bet without any fear of losing out. If your initial MLB wager loses, you will get a second chance bet worth up to $100, minimizing any risk and maximizing your opportunities to win big.
Must be 21+ and present in OH. Gambling Problem? Call 1-800-GAMBLER.

Regular MLB Sportsbook Promos

Some online sports betting platforms feature exclusive baseball-themed promotions. Notably, FanDuel offers "Dinger Tuesdays," rewarding $5 in bonus bets for every single home run that gets hit in a game, if you place a $25 bet on any player. BetRivers, meanwhile, provides MLB Parlay Insurance, refunding up to $25 for same game parlays if you lose one leg of your bet. Furthermore, another of the best Major League Baseball betting bonuses is the Caesars Sportsbook's "Tuesday Dingers" promotion in Massachusetts, which will offer two 25% Profit Boost tokens for all of your home run prop bets, further enhancing your potential winnings.

Types of MLB Betting Bonuses

When you are exploring the complex world of Major League Baseball betting, it's crucial that you understand the various bonus types that are being offered by online betting operators, as they can greatly amplify your excitement and -- crucially -- increase your potential winnings.

💰 Deposit Match

Sportsbooks will often offer deposit match bonuses to their bettors, where they will match a percentage of your initial deposit when you sign up. For instance, if an online sportsbook is offering a 100% deposit match up to $500, that means that if you deposit $500, you will receive an additional $500 in bonus funds to wager on any Major League Baseball game of your choice, effectively doubling your betting power.

💰 Risk-Free Bets

With risk-free bets, baseball bettors will receive a refund on their stake if their first bet loses. For instance, if you place a $50 bet on an MLB game and it doesn't win, the sportsbook will refund your $50 stake, allowing you to take another swing without losing any money.

 

💰 No-Deposit Bonuses

No-deposit bonuses are awarded without you even needing to make an initial deposit into your account. Bettors can place bets without needing to spend any cash up front, often upon signing up or as part of a promotional offer. This will allow you to dip your toe into Major League Baseball betting without financial commitment, but be aware that, if your bet wins, you will get your winnings in bonus bets, not as real, withdrawable cash.

💰 Odds Boosts

Online sportsbooks always want to offer competitive odds to their bettors, but they will sometimes provide special odds boosts for a specific baseball game or event, enhancing your potential winnings on selected wagers. These boosts offer better odds than usual, giving you the chance to capitalize on any favorable outcomes and maximize your all-important profits.

💰 Loyalty Programs

Loyalty programs reward regular bettors with various perks, including points that can be exchanged for bets or prizes. As you continue to wager on Major League Baseball games, you will accumulate points, unlocking exclusive benefits and enhancing your overall betting experience.
Must be 21+ and present in OH. Gambling Problem? Call 1-800-GAMBLER

How to Choose the Best MLB Betting Promotion

When exploring MLB betting promos, you should consider several key factors, as they can help you to make informed decisions before you start spending your hard-earned cash.

✅ Read the Terms and Conditions

Understanding the fine print of a special offer is crucial with all of your MLB bets. Be sure to grasp the wagering requirements, expiration dates, and any restrictions associated with an offer, in order to be sure that you are fully benefitting from the promotion.

✅ Compare Offers

Do not settle for the first promotion that you come across. Take the time to compare a wide range of offers from different MLB betting markets in order to find the very best value and maximize your potential winnings.

✅ Consider the Sportsbook's Reputation

Always opt for promotions from reputable and licensed online sportsbooks. Prioritize online sports betting platforms that boast a proven track record of reliability, transparency, and prompt payouts to ensure a positive betting experience. And rest assured that we will only ever recommend you the most trusted online sports betting sites.

✅ Look for Sport-Specific Bonuses

Be sure to seek out baseball betting bonuses that are tailored specifically to online MLB betting. These promotions will often provide you with specialized perks and tailored MLB odds, allowing you to capitalize on the unrivalled excitement of the baseball season.

 

💡 Top Tips for Using MLB Betting Bonuses

To maximize the value of betting bonuses, it's always best that you diversify your betting portfolio as much as you can. Use MLB betting bonuses to explore the various betting markets and strategies that are being offered by online baseball betting sites. Consider placing futures bets on long-term outcomes, such as World Series champions or MVP winners, to give you the best chance of capitalizing on the most favorable odds. Additionally, see if you can leverage any bonuses for in-play betting, allowing you to react to game dynamics in real time and potentially secure some advantageous positions. By strategically utilizing bonuses across different Major League Baseball betting options, you will be able to enhance your overall MLB betting experience and increase your chances of securing memorable -- and lucrative -- wins.

Must be 21+ and present in OH. Gambling Problem? Call 1-800-GAMBLER.

In this article we have highlighted the importance of approaching Major League Baseball betting with strategy and responsibility, while leveraging various betting bonuses offered by the very best online MLB betting sites on the market. Some of the most important points that we've covered are: always be sure that you understand the terms and conditions associated with a particular bet; making sure that you are comparing offers across sites and betting markets; and considering the always important reputation of an online sportsbook before you hand over any of your hard-earned money to them. As always, we encourage you to explore different betting markets and strategies while taking advantage of MLB betting bonuses, such as futures bets and in-play betting, in order to enhance your MLB betting experience to the maximum. Ultimately we want you to enjoy the beautiful American game of baseball responsibly, while also maximizing the value of any available MLB bonuses for your own benefit

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Author

Sam Davies is a freelance journalist who writes about music, film, sport, fashion and culture. His writing has been published by the BBC, Guardian, Financial Times, Conde Nast, Rolling Stone, Vice, Dazed and many more. Follow him on Twitter @samdavies313.