MLB Best Bets Today: Odds, predictions and picks for Monday July 29 (2024)

MLB Best Bets Today July 29:

Plenty of trades are expected by Tuesday’s 6 p.m. deadline, so there are a lot of players and teams waiting with a hint of anxiety to see what will happen. Some of today’s starters are on the trade block, including Jameson Taillon and Jack Flaherty, so we’ll see if they end up getting scratched from their scheduled outings. These are tough days for everybody involved, as it is a business, but one played by human beings.

I’ll do a full Trade Deadline recap Tuesday night/Wednesday morning to highlight some of the biggest trades and what I think they mean going forward. For now, like everybody else, I’m staying tight to the news to see what breaks and when.

Top MLB Resources:

  • Today's MLB Games
  • Parlay Calculator
  • Greg Peterson's MLB Daily Lines
  • MLB Odds
  • MLB Betting Splits

We’ve got 12 games today, with one matinee in Baltimore thanks to a doubleheader and a bunch of night games otherwise.

Article runs Monday-Saturday, odds current from DraftKings at time of publish, SHOP AROUND for the best prices. Tracking sheet is here.

New York Yankees at Philadelphia Phillies (-142, 9)

6:40 p.m. ET

Luis Gil and Zack Wheeler are the listed hurlers for tonight’s Yankees and Phillies matchup. After a trio of rocky outings in late June and one tough appearance in July, Gil has settled back in. The second favorite for Rookie of the Year per DraftKings comes into this start with a 3.10 ERA and a 3.52 FIP in his 107.1 innings of work. He’s allowed three runs on 13 hits in his last 17.2 innings of work with 22 strikeouts against just two walks.

All season, Gil has done well with limiting hard contact against with a 35.1% Hard Hit%. His Barrel% is up to 8.9%, and he has allowed a Barrel in each of his last eight starts, but his 3.28 xERA speaks to how well he’s done in other facets and he’s really cut down on the walks recently. The Phillies offense is at full strength right now, but they struggled in the series against Cleveland, aside from one big inning off of Carlos Carrasco. They are 21st with a .299 wOBA here in the second half.

The Yankees lead MLB in wOBA in the second half, but today they run into Wheeler, who gave up eight runs to the Orioles on June 16 and has allowed a total of eight runs over his last five starts. Clearly Wheeler has gotten back on track and he fired seven shutout innings against the Twins on two weeks rest coming out of the All-Star Break. He has a 2.55 ERA with a 3.22 FIP and a 2.94 xERA.

Wheeler has only allowed a 31.6% Hard Hit% and a 7.3% Barrel% on the year, so he grades out as elite in the HH% department and has been better than the league average in Barrel%. He also has 133 strikeouts against just 37 walks.

I like both of these bullpens a lot, especially Philly’s adding Carlos Estevez from the Angels. The Yankees pen got a ton of work in on Friday and Saturday, but yesterday’s blowout win gave the unit a chance to regroup.

Pick: Yankees/Phillies Under 9 (-115)

Minnesota Twins at New York Mets (-115, 8.5)

7:10 p.m. ET

Interleague action between the Twins and Mets has piqued my interest for today, as Simeon Woods Richardson is slated to get the start against Jose Quintana. For all of the recent hype about the Mets, the Twins still have a better record and a much higher run differential, so I think they’re being a bit undervalued tonight, while the Mets are being a little bit overvalued in general.

Woods Richardson has been good with a 3.27 ERA and a 3.56 FIP in his 88 innings of work. He hasn’t walked more than two batters since mid-June and hasn’t allowed more than three runs since that start back on the 14th. He threw six shutout innings against a good Phillies lineup in his first start of the second half.

Also, Statcast is much kinder to Woods Richardson than it is to Quintana, who has a 5.22 xERA and a .280 xBA, both ranking in the Bottom 7%. Quintana has a 4.02 ERA with a 5.06 FIP, so there are a ton of negative regression signs in the profile for him. He allowed four homers to the Rockies in his July 14 start and teetered with disaster last time out against the Yankees, as he walked five over five innings, but managed to only allow one run.

The Twins are a top-five offense against lefties for the season and recently got back Royce Lewis, who has a .429 BA and an .821 SLG against lefties in a small sample this season. They have been a different team with him in the lineup and hopefully we can take advantage for however long he’s actually there before the next injury pops up.

The Twins pen has struggled recently, but this is a top-10 bullpen by FIP for the season. The Mets have had a lot of moving pieces and parts in their pen. I like Minnesota today.

Pick: Twins -105

MLB Best Bets Today: Odds, predictions and picks for Monday July 29 (2024)

FAQs

How to bet on MLB games? ›

Betting on an MLB game. There are three basic types of bets you can place on an MLB game: the moneyline, the run line and the total (which is also called the over/under). These bet types are very similar to the same bets in other team sports like NFL and NBA, but there are some important differences.

What do the odds numbers mean in baseball? ›

Positive Odds: If a team has positive odds, such as +150, it means that a $100 bet on that team would result in a potential profit of $150. The higher the positive number, the greater the potential payout. Negative Odds: If a team has negative odds, such as -200, it indicates the amount you need to bet to win $100.

How are MLB odds calculated? ›

A wager of $150 at -150 has a potential win of $100. If the underdog for that game has a moneyline of +130, that means for every $1 you bet you can win $1.30, because the risk involved is higher since the underdog has a smaller probability of winning the game. A wager of $100 at +130 has a potential win of $130.

How often do Favourites win in MLB? ›

Last Five Year's Results. At first glance betting on favorites looks great, as they have won the game 57.5% of the time.

What is the martingale strategy? ›

The martingale strategy requires doubling down on every losing bet. Only one win is needed to recoup all of the previous losses. Guaranteeing a win requires virtually infinite resources. Some forex traders use the martingale because it lowers the average entry price.

What is the easiest sport to bet on? ›

Read on to find out what these sports are.
  • Top 5 Easiest Sports To Bet On. Here's a list of the top five easiest sports to bet on, ranked in descending order:
  • Tennis. ...
  • Football/Soccer. ...
  • NFL. ...
  • Basketball. ...
  • Boxing/MMA. ...
  • Final Thoughts.
Jan 2, 2024

Which odd is likely to win? ›

Remember that lower odds return a higher profit.

Betting on the underdog is riskier than betting on a favorite, but a higher risk means a higher potential reward. The "longer the odds," or the less likely, the more money you could win.

How to read odds? ›

Simply put, the greater the odds against a team, the larger the payout will be for anyone who bets on it. For example, 7 to 2 odds mean that for every $2 you wager, you could win $7 if your bet is successful, while 5 to 1 odds mean you could win $5 for every $1 you bet.

How to read MLB odds? ›

Baseball odds are expressed as 3-digit money line. All money lines are based on $100. The minus (-) on the electronic wagering display and wagering sheets next to the starting pitcher indicates the favorite. The plus (+) indicates the underdog.

How do you quantify luck in baseball? ›

The stat “Luck” on Baseball Reference is the difference between a team's Pythagorean Record which is calculated based on their run differential and a team's actual record. It is generally seen as a pretty good representation of a team's luck in close games.

How do you calculate chances of winning odds? ›

To convert from odds to a probability, divide the odds by one plus the odds. So to convert odds of 1/9 to a probability, divide 1/9 by 10/9 to obtain the probability of 0.10.

What does +120 mean in baseball? ›

The plus sign preceding the odds expresses how much you'll win with a $100 stake. For instance, odds that read +120 indicate you'll win $120 if you stake $100. As with negative odds, you also win back your initial stake—which means you ultimately walk away with a total of $220 if you win this bet.

How to win more baseball bets? ›

Whether you're Yankees fan or a Blue Jays diehard, we've got some great baseball betting strategies for you.
  1. Approach Big Moneyline Favorites with Caution. ...
  2. Pay Attention to the Umpires. ...
  3. Look for Overnight Lines. ...
  4. Track First Five Innings Lines. ...
  5. Research Pitcher Trends.

Has anyone ever come back from 3 1 in World Series? ›

The five teams that did manage to come back from 1–3 are the Pirates (twice) in 1925 and 1979, the Yankees in 1958, the Tigers in 1968, and the Royals in 1985.

Is baseball hard to bet on? ›

It's not uncommon for a team to play on 10 straight days, or league-wide for there to be 15 total games on the slate multiple days in a row. The plethora of games on a daily basis can make betting on baseball even more difficult, with hundreds (if not thousands) of betting options available every single day. .

What does +3.5 mean in baseball? ›

However, there's an extra variable involved in spread betting on the underdog. For instance, if you backed a team at +3.5, that means your bet will win if they either lose the game by three points or less or win outright. If the team loses by four points or more, your bet is lost.

Is MLB hard to bet? ›

Baseball is already a very difficult sport to bet on, so if you're gambling on it just because it's the only sport being played at the time, you're making it even more difficult on yourself to break even, never mind make a profit.

Is MLB the easiest sport to bet on? ›

MLB isn't universally considered the easiest sport to bet on due to its unpredictability.

What does 1.5 run line mean? ›

In baseball betting, the run line is a 1.5-run spread set between two teams. The run line favorite must win by two or more runs to win the run line bet, while the underdog has to lose by less than two or win the game outright to win the run line bet.

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