New York Yankees Betting Guide

New York Yankees Betting Guide

The New York Yankees are the winningest franchise in baseball history. There is no doubt they are the most famous baseball club in the world.

By betting on the Yankees, you are investing in a team that has a will, and the team to win every time they step on the diamond. A season without a World Series triumph is a wasted year for New York.

People either love or hate the Yankees, but there is no middle-ground. The New York Yankees are as polarizing as any sports franchise in the world.

Their baseball caps are the most used on the planet, either for fashion or fandom, and the oddsmakers are very aware the Yankees are a solid team to bet on every year.

In this guide, we’ll show you how to bet on the Yankees in a step-by-step process, and you’ll find out what are the best online wagers available.

Best New York Yankees Betting Sites In 2023

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How to Bet On The New York Yankees Online

  1. Choose An MLB Sportsbook

    There are plenty of top-rated sportsbooks online. Read our experts in-depth reviews of the top MLB betting sites and compare.

    Many of our experts have spent hours curating these sites, making it easy to pick the best.
  2. Take Advantage Of Bonuses

    Top-rated sportsbooks offer excellent bonuses to those signing up for the first time. MLB Bonuses can go up to $1,000 in some cases.

    Before you can withdraw a bonus, you need to wager a certain amount. This is standard practice among betting sites; a requirement in most cases.
  3. Make A Deposit

    After picking the right betting site, you can start the process of adding money to your account. This is very easy, fast, and secure.

    All betting sites allow you to make deposits with a credit or debit card. Others offer options like bank wires or cryptocurrencies.
  4. Go Line Shopping

    Looking for the best baseball betting lines available is an effective gambling strategy. This is known as line shopping.

    Look around to see if any sportsbook offers better odds you can profit from. It could be the difference between breaking even and winning a bigger payout.
  5. Bet On The Yankees!

    Always double-check the bet you are going to make. Be aware of the money you are investing on betting on the Yankees.

    Once you have made the wager sit back, pour yourself a drink, and enjoy the ball game.

Best Sportsbooks To Bet On The New York Yankees

Rank MLB Betting Site Deposit Bonus Highlights Get Started
1 Deposit Bonus 50% Up To $1,000 Highlights
  • One of the largest sportsbooks online
  • Large betting limits
  • Post odds earlier than others
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  • Softest odds in the market
  • Very fast payouts
  • Strong promotions and bonuses
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3 Deposit Bonus 125% Up To $2,500 Highlights
  • Lots of bonuses
  • Offers VIP Program
  • Great software
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Check Our Review Of The Best MLB Betting Sites

Betting On The Yankees To Win The World Series

MLB World Series Betting

The Yankees haven’t won the World Series since 2009 when they defeated the Philadelphia Phillies.

However, they have been crowned 27 times as the World Series champions, making them the team with the most wins in the competition.

If you are interested in betting on the World Series, know that the Yankees are among the favorites to win the 2023 championship with +700 odds (subject to change).

Popular New York Yankees Bets

The Yankees are the most famous franchise in the MLB, making them one of the public’s favorite baseball teams to bet on.

New York is too popular of a franchise to skip over when you are looking around for the best MLB betting odds. Here are some of the most popular bets you can place on the New York Yankees:

New York Yankees Moneyline Bets

New York Yankees Moneylines Bets

Placing a moneyline wager in baseball is as simple as any other sport. If you don’t know how this works, don’t worry about it. We are here to help.

A moneyline bet is when you pick the team that wins the game. It doesn’t matter by how many runs, the difference in score, or the total number of runs they score. If you chose the winning side, then the bet is a winner.

Remember any moneyline odds are based on the amount needed to win $100.

Yankees Moneyline Bet Example

Were using the Redsox vs. Yankees, as these two teams are the biggest rivals in Major League Baseball.

In this example, the Yankees are the favorite, as they have the minus (-) sign. The number next to the (–) sign is the amount of money we need to bet to win $100.

  • Boston Red Sox +135
  • New York Yankees -160

To bet on New York we need to wager $160 to profit $100. If the Yankees win the game, we get back the $160 initial bet, as well as $100 in winnings.

Things are different when we bet on the other side. The Red Sox are underdogs in this scenario. This means a $100 bet on Boston will pay $135 in return.

The sportsbook will pay out the $135 plus return our $100 initial wager. MLB moneylines are the easiest bets to understand when gambling on the sport.

New York Yankees Prop Bets

New York Yankees Prop Bets

Propositional bets or MLB prop bets offer better entertainment, as well as more chances to make some money for beginners.

Prop bets are usually attached to an in-game situation or player. Here are some examples of Yankees prop bets:

  • Betting on how many home runs a player will score in a game
  • Betting on how many runs the Yankees score in the third inning

Betting sites also have prop bets to bet on a pitcher, like:

  • How many strikeouts a pitcher will get in a particular start
  • How many home runs will a pitcher allow

Prop bets are not attached to the result of a game, making them fun to place.

New York Yankees Run Lines

New York Yankees Run Lines Bets

Run lines bets are a very simple concept. The run difference between the winning team and the losing team determines the outcome of the wager.

The run lines are usually attached to the starting pitcher on both teams. The pitching lineup will be the main factor to consider a team favorite over another.

The ballpark and the momentum will have some weight. It’s more important to find out the scheduled pitcher, and who their opponent is. Here’s an example:

Yankees Run Lines Bet Example

  • Boston Red Sox -1.5 (+145) | David Price – L
  • New York Yankees +1.5 (-170) | Masahiro Tanaka – R

The team with the minus (-) in the run line also has the (+) odds in the vig. The vigorish is the amount charged by a sportsbook for taking a bet from a gambler.

In this case, Boston is +145 in the -1.5 run line. To win the bet and get a payout, the Red Sox need to win by two runs or more.

A $100 bet on Boston will payout $145, if they win by a difference of two runs or more.

The Yankees are -170 in the +1.5 run line. For the bet to win and pay out, the Yankees can either:

  • Win the game outright
  • Lose by only one run in the score difference

The bettor needs to lay down $170 to profit $100 by betting on the Yankees.

New York Yankees Run Total Betting

New York Yankees Totals Bets

The game total refers to the number of runs scored in a game by both teams combined. The game total includes overtime.

The sportsbooks making the odds will provide a predicted number of runs scored. Bettors can place a bet on whether the matchup will finish Over or Under that number.

Betting on the game or MLB totals during the New York Yankees’ game is a popular wager among baseball fans. The Yankees usually have big hitters in their lineup. This made them popular for playing high-scoring games.

yankees Run Totals Bet Example

  • Total: 9 Runs Over (-110) / Under (-110)

In this example, if you bet on the Over 9 runs, the Red Sox and the Yankees would have to score ten or more runs combined.

If you bet on the Under, the combined score of eight runs or fewer win be a winner.

If both teams score exactly 9 runs, the bet is a PUSH, and the money wagered on either side is returned to the player.

Yankees Futures Betting

New York Yankees Futures Bets

The wager works exactly like a moneyline. Bettors need to pick an outright winner in the future and then hope the result goes their way.

You can find the New York Yankees odds to win the World Series and other MLB futures at most online sportsbooks.

You can place the bet right now, but you won’t receive your winnings until the end of the championship, and only if the Yankees win the World Series title.

New York Yankees Live Betting

New York Yankees Live Betting

MLB live betting allows you to place a wager on a Yankees game that is currently in play.

Let’s say you are watching the Yankees face the Red Sox, but forgot to place a bet before it started. Go to the live betting feature. You can place any number of different wagers the sportsbook offers.

The live betting option works well for baseball, as you can take advantage of the moves the manager makes. Let’s say the Red Sox manager pulls his starting pitcher and the reliever is not as solid.

This is a great situation to bet on the Yankees and expect a turnaround. The odds might not be in your favor, but by watching the game you gain value in the minute-by-minute action.

Live betting on baseball is a great way to enhance your bankroll and profits.

New York Yankees Rivalries

New York Yankees vs Boston Red Sox Rivalry

The Yankees vs. Red Sox is the biggest rivalry in the MLB, and it has been around for over 100 years. Not only does it involve two of the most winning teams in the majors, but they are two divisional rivals.

The games between New York and the Boston Red Sox are the most-watched during the MLB season.

One of the biggest myths inside the rivalry has to do with the “Curse of the Bambino.” The curse started when Babe Ruth was sold by the Red Sox to the Yankees. He’s considered one of the best baseball players ever.

The curse had Boston with an 86-year drought without winning the World Series. When the Red Sox finally won the title, they made a comeback from a 0-3 playoffs hole to win 4-3.

It was the first time a team came back from 0-3 to win a postseason game in the MLB.

New York Yankees vs New York Mets Rivalry

Despite the Yankees and the Mets not being in the same league, they have a slight rivalry going on. This is mainly because both teams are from New York City.

They met in the 2000 World Series that was called by the media the “Subway Series”. The Yankees ended up winning the title in five games.

The Yankees are considered the big team in New York and the Mets, the ugly little brother. This also heats up the rivalry from time to time.

New York Yankees vs Los Angeles Dodgers Rivalry

Another high-stakes rivalry is between the Yankees and Dodgers. Both ball clubs have met 11 times during the World Series; more than any other two teams in Major League Baseball.

The Dodgers used to play in Brooklyn, so that added fuel to the rivalry.

Each is considered the dominant team on their respective coast of the United States. The Yankees are on the East Coast and the Dodgers on the West Coast.

NY Yankees Betting FAQ

What’s the best way to bet on the Yankees?

The best way to bet on the NY Yankees is by using online sportsbooks. You can do it from anywhere in the world and from the comfort of your home with a few clicks.

Can I bet on the Yankees winning the World Series?

Yes. Go to your online sportsbook’s baseball section (we recommend BetUS) and find the Futures bets. There you’ll find World Series odds, including the Yankees’ lines.

Is it profitable to bet on the Yankees?

It depends on what bet you decide to place on the Yankees. Remember, there are prop betting markets where your team doesn’t necessarily need to win the game for you to get some profits. Pick wisely and go for the wager that makes sense from a risk/reward perspective.

Don’t Miss Our Expert MLB Baseball Betting Guide

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