Sign-up Offer: $200 Bet Match
Matched Betting Value: $200
VIP/Rewards Grade: /5
Summary:
Updated: Jul 25, 2024
min read
Note: If you are located in Ontario, we are not able to display any available promotions.
Matched Betting
What is the "Matched Betting Value" listed above? This is the amount of profit that you can make from the sign-up offer through a technique called matched betting. In short, it is a mathematical approach to sports betting that guarantees profit by hedging your bets. This allows you to cover all possible outcomes and secure a profit no matter what happens in the game. This is different from gambling because there is no risk of losing. Learn more in our What Is Matched Betting guide.
Available Locations
Betly is available in the following locations.
Odds Analysis
Popular Sportsbooks
Sharp Sportsbooks
Betly MLB Odds Analysis
Betly has an average MLB vig of 5.1%. Betly MLB odds are slightly worse than popular sportsbooks (4.25%). This is considerably worse than sharp sportsbooks which are closer to 2.19%.
Betly averages -155.1 for MLB favorites which is about the same as popular sportsbooks (-155.0). Betly is worse than sharp sportsbooks which have an average of -147.6.
The average Betly MLB odds on underdogs is 125.7 which is considerably worse than popular sportsbooks (130.1). Betly is worse than sharp sportsbooks which have an average of 134.9.
Signup Offers
$200 Bet Match
$200 Bet Match in Site Credit
Amount: $200
Type: Bet Match in Site Credit
Bet Finder:
Qualifying Bet Deposit: $100
Minimum Hedge: $150
Expected Value: $200
Notes: You must select the 200% Deposit Match when making your first deposit. A $100 deposit maximizes the promotion for a 200% match, which is a $200 Bonus Bet.
Available in: West Virginia
$100 Instant Repay First Bet
$100 Second Chance Bet Refunded as a Bonus Bet
Amount: $100
Type: Second Chance Bet Refunded as a Bonus Bet
Bet Finder:
Second Chance Bet Deposit: $100
Minimum Hedge: $150
Expected Value: $50
Notes: You must select "$100 Instant Repay Bonus Bet" when making your first deposit.
Available in: Arkansas, Tennessee
MLB House Rules
Each sportsbook has its own House Rules which determine how a bet is graded. These rules cover unlikely events, such as what happens to your bet when a game is canceled.
Usually, the different house rules across sportsbooks do not have an impact on matched betting. However, in Major League Baseball (MLB), there are notable exceptions. A simple example is when a game is postponed due to weather. Read our House Rules Comparison guide to learn more.
For MLB it is also important to understand what defines Action.
Money line
Will The Odds Change: Does Not Specify
Run / Total / Alt Lines
Action: Unclear
Will The Odds Change: Does Not Specify
Player Props
Pitcher Prop action: Enter The Game
Batter Prop action: One Plate Appearance
Deposit & Withdraw Methods
Updated: Jul 25, 2024
min read
Note: If you are located in Ontario, we are not able to display any available promotions.
Matched Betting
What is the "Matched Betting Value" listed above? This is the amount of profit that you can make from the sign-up offer through a technique called matched betting. In short, it is a mathematical approach to sports betting that guarantees profit by hedging your bets. This allows you to cover all possible outcomes and secure a profit no matter what happens in the game. This is different from gambling because there is no risk of losing. Learn more in our What Is Matched Betting guide.
Available Locations
Betly is available in the following locations.
Odds Analysis
Popular Sportsbooks
Sharp Sportsbooks
Betly MLB Odds Analysis
Betly has an average MLB vig of 5.1%. Betly MLB odds are slightly worse than popular sportsbooks (4.25%). This is considerably worse than sharp sportsbooks which are closer to 2.19%.
Betly averages -155.1 for MLB favorites which is about the same as popular sportsbooks (-155.0). Betly is worse than sharp sportsbooks which have an average of -147.6.
The average Betly MLB odds on underdogs is 125.7 which is considerably worse than popular sportsbooks (130.1). Betly is worse than sharp sportsbooks which have an average of 134.9.
MLB House Rules
Each sportsbook has its own House Rules which determine how a bet is graded. These rules cover unlikely events, such as what happens to your bet when a game is canceled.
Usually, the different house rules across sportsbooks do not have an impact on matched betting. However, in Major League Baseball (MLB), there are notable exceptions. A simple example is when a game is postponed due to weather. Read our House Rules Comparison guide to learn more.
For MLB it is also important to understand what defines Action.
Money line
Will The Odds Change: Does Not Specify
Run / Total / Alt Lines
Action: Unclear
Will The Odds Change: Does Not Specify
Player Props
Pitcher Prop action: Enter The Game
Batter Prop action: One Plate Appearance
Deposit & Withdraw Methods