The First-Year Player Draft enables Major League Baseball teams to sign promising players from colleges, high schools and amateur clubs. Thanks to the ever-growing interest in baseball betting, it is now possible to bet on the MLB draft.
While most sports drafts are held prior to the start of the season, the MLB draft is a mid-season event. With the draft taking place annually in July, sportsbooks always dish up extra MLB betting opportunities.
Not only does the draft give teams the chance to reinforce their rosters, but it also gives bettors the chance to land a tasty profit. If you’re interested in MLB draft betting, be sure to keep reading to learn about the unique markets on offer.
MLB Draft Betting Markets Explained
Here are the most popular ways to bet on the MLB draft every year.
Betting on the First Overall Pick
When it comes to betting on the MLB Draft, this market is undoubtedly the most popular. As you might have guessed, all you need to do is choose a player and back them to be selected as the first overall pick.
There is always lots of hype around the top prospects ahead of every draft, making it easy to research the favorites and prepare an educated bet. Most sportsbooks offer at least ten options, while some provide odds for 20+ players.
Predicting Which Player a Team Will Pick First
This MLB Draft betting market enables you to wager on a team’s first pick. For example, you could bet on the Boston Red Sox to take “Player A” with their first pick, or you might fancy the Chicago Cubs to select “Player B”.
Most sportsbooks allow you to bet on every team’s first pick. Since this market is difficult to predict, the MLB oddsmakers often dish up attractive odds for the teams toward the latter end of the draft.
MLB Stolen Bases Betting Guide
Over/Under Player Draft Position
If you’re serious about betting on the MLB Draft, you should explore all the different types of markets. Over/under betting is a popular option for MLB games, but you will also find over/under markets for the draft.
Many sportsbooks allow you to wager on the draft position of a particular player. For example, you could back “Player C” to be selected before the third pick, or you might back “Player D” to be taken after the fifth pick.
Who Will Be the First Pitcher Drafted?
Pitchers invariably attract heaps of attention in the MLB draft, as teams are always looking to unearth the next pitching gem. Accordingly, some sportsbooks enable you to bet on the first pitcher to be drafted.
You can also find markets for other positions if you shop around, meaning you might be able to wager on the first hitter or catcher picked in the draft.
Will the #1 Pick Win the World Series?
There are plenty of exciting MLB Draft props to take advantage of every season. Indeed, you can predict whether or not the first overall pick will go on to win the World Series in their career.
Notable players such as Alex Rodiguez, Chipper Jones and Pat Burrell were #1 picks before winning World Series titles. If you can find the next No. 1 pick to lift the Commissioner’s Trophy, you could make a serious profit.
