Philadelphia Phillies Odds

Philadelphia Phillies 2024 Season Preview

The Philadelphia Phillies are entering the season with World Series hopes after deep postseason runs in the last two years.

Bryce Harper, Trea Turner, Zach Wheeler, Aaron Nola, Kyle Schwarber, and J.T. Realmuto will likely lead the Phillies to another successful season and deep postseason run in 2024.

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

Betting on the Philadelphia Phillies

Phillies 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 Phillies game:

• San Francisco Giants (+1.5)
• Philadelphia Phillies (-1.5)

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

Phillies 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:

• San Francisco Giants +150
• Philadelphia Phillies -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 Phillies, a bettor would need to risk $180. On the flip side, a $100 bet on the Giants would net $150 if they pulled the upset.

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

Phillies 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 Phillies-Giants 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.

Phillies 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 Bryce Harper over 1.5 hits on a given night, or betting that Zack Wheeler 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.

Phillies Futures

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

How to Bet on the Philadelphia Phillies

Sports betting is currently legal in Pennsylvania, with the state having numerous operators taking bets online. You can take advantage of this by using the BetMGM Bonus code to try it out. Check out The Action Network's Pennsylvania betting page regarding sports betting legislation in the state.

The Action Network has partnerships with several sportsbooks that give you exclusive access to great promotions if you are located within the state.

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