Cincinnati Reds Odds

With a 62-100 record, the Cincinnati Reds had a difficult season in 2022, which offers little room for applause or celebration. It was a rough year in just about every area of performance – offense, defense and pitching.

In terms of the 2023 season, the Reds' lineup and bullpen are weak, and last summer's trades of Tyler Mahle and Luis Castillo further lowered the team's floor. The hope is that the Reds can only improve from here, since Cincinnati was just one defeat away from matching the team record for the most losses in a single season..

See all of the Reds' odds, as well their win total, championship odds, and much more.

Betting on the Cincinnati Reds

MLB Odds: Cincinnati Reds vs Boston Red Sox

Below is a selection of odds for the upcoming MLB game: Updated June 01, 2023 - Odds Provided by BetMGM - Subject to Change

Reds Spread (Run Line)

When betting on baseball, you’ll be faced with three standard options: the moneyline, over/under and run line.

The run line is a bet on the margin of victory, like a point spread. But because baseball is low scoring, the spread will almost always be -1.5 for the favorite and +1.5 for the underdog. The payouts for each will just be adjusted based on each team’s strength.

Here’s a brief example of a run line for a hypothetical Reds game:

• Oakland Athletics (+1.5)
• Cincinnati Reds (-1.5)

As shown above, the Reds are favored by 1.5 runs against the Athletics; the minus sign (-) indicates Cincinnati is the favorite, while a plus sign (+) is used to denote the underdog. Bettors who wanted to back Cincinnati here would be “laying” those 1.5 runs, meaning for their bets to cash the Reds would need to win by two runs or more. Bettors who selected the Athletics +1.5 would win if Oakland won outright or kept a loss to 1 run.

The Reds were 75-87 on run lines in 2022, covering 46.3 percent of the time – putting them in the bottom 6 in the league.

Reds Moneylines

Many first time bettors are wary of run line bets, especially when riding with the hometown team. In that case, moneyline wagers are often seen as the safer way to go. A moneyline bet is a bet on who wins the game -- no run line involved.

Let’s use the same example from before to understand the moneyline better:

• Oakland Athletics +150
• Cincinnati Reds -180

Just as with run lines, the minus sign (-) signifies a team is favored, while the plus sign (+) means a team is the underdog. The moneyline odds, written in American odds format here, indicate how big or small a favorite that team is, written in increments of $100. For example, to win $100 on the Reds, a bettor would need to risk $180. On the flip side, a $100 bet on the Athletics would net $150 if they pulled the upset.

The Reds went 62-100 in 2022, putting them in the last place in the NL Central and leaving them as the 3rd worst in the league.

Odds can differ from sportsbook to sportsbook, so always make sure you shop for the best line with The Action Network app.

Reds Over/Unders

Betting on a team to win or cover a run line isn’t the only type of wager allowed on MLB games. Almost all sportsbooks will offer a total on the game, also known as an over/under. This bet is not on the winner of the contest, but on the number of runs the two teams will combine to score; sportsbooks hang a number, and bettors can wager either over or under that total.

If the number for our hypothetical Reds-A’s matchup was 8 runs, over bettors would require 9 points or more to cash their tickets, while those who bet the under would need 7 or fewer runs. If the two teams scored exactly 8 runs between them, that bet would push and all wagers would be refunded.

Reds totals in 2022 were in the middle of the pack in the league when betting the over, hitting at a 76-81-5 clip.

Reds Props

Some bettors find more entertainment and success betting on more specific outcomes than the result of the game. Prop bets cover a wide market of wagers on player stats, discrete in-game events, and any style of yes/no question. Many props are bets on specific players and their performance, such as betting Joey Votto over 1.5 hits on a given night, or betting that Lucas Sims will strike out over 9.5 batters. Some props can be shorter term, such as betting on the number of runs scored in the first five innings or who will hit a home run. Offerings tend to vary depending on the sportsbook, so use our sportsbook reviews to find the best bet for you.

Reds Futures

Expectations are rising right now in Cincinnati, so bettors will have to shop for the best line to get good odds on Reds futures bets. Futures are bets that focus on long term outcomes, like the Reds to win the NL Central, win the National League Pennant, win the World Series, or even in dividual awards like winning league MVP.

How to Bet on the Cincinnati Reds

Online sports betting is now legal in Ohio. Legalized Ohio sports betting has launched on Jan. 1, 2023. Now that the sports betting is live in The Buckeye State, you are able to place wagers on the Reds through the nation's top sportsbooks.

Here are a few great options to choose from: BetMGM , FanDuel , Caesars , bet365 and PointsBet .

BetMGM Sportsbook

BetMGM offers new and veteran bettors alike a terrific betting experience with a simple and sleek desktop and mobile design. Read our BetMGM Sportsbook review for more information about our BetMGM bonus code and instructions on how to sign up.

Caesars Sportsbook

Another great option for new sports bettors is Caesars Sportsbook. Read our Caesars review for more information about our Ceasars Sportsbook promo code and instructions on how to sign up.