Texas Rangers Odds

Texas Rangers 2022 Season

The Rangers haven’t recovered much as a franchise since losing back-to-back World Series’ from 2010-11. Last years season was an improvement from two years ago but they still missed the postseason for the sixth season streight. The team had two problems and those were pitching and depth.

Texas Rangers did a complete overhaul of their starting lineup and they have brighter outlook then last season. They have a lot of young talent but can they make an upset this season?

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

Betting on the Texas Rangers

MLB Odds: St. Louis Cardinals vs. Texas Rangers

Below is a selection of odds for the upcoming MLB game: Updated June 06, 2023 - Odds Provided by BetMGM - Subject to Change

Rangers 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 Rangers game:

• Minnesota Twins (+1.5)
• Texas Rangers (-1.5)

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

The Rangers were 88-74 on run lines in 2022, covering 54.3 percent of the time – putting them in the 4th place on MLB table.

Rangers 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:

• Minnesota Twins +150
• Texas Rangers -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 Rangers, a bettor would need to risk $180. On the flip side, a $100 bet on the Twins would net $150 if they pulled the upset.

The Rangers went 68-94 in 2022, putting them in 4th place in the AL West and leaving them the lower part of the table.

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

Rangers 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 Rangers-Twins 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.

Rangers totals in 2022 were Top 10 in the league when betting the over, hitting at a 78-75-9 clip.

Rangers 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 Corey Seager over 1.5 hits on a given night, or betting that Jon Gray 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.

Rangers Futures

Expectations are rising right now in Texas, so bettors still have to shop for the best line to get good odds on Rangers futures bets. Futures are bets that focus on long term outcomes, like the Rangers to win the AL West, win the American League Pennant, win the World Series, or even individual awards like winning league MVP.

How to Bet on the Texas Rangers

Sports betting is not currently legal in Texas, but a new bill was introduced during the Texas legislature on February 6, 2023 that has the backing of major sports teams in the state. Texas politicians have been largely opposed to sports betting in recent years, but sentiment within the state could be shifting. Most expect that any potential legislation could be voted on in the 2023 state general election at the earliest.

Stay tuned for updates on The Action Network's Texas sports betting page regarding sports betting legislation in the state.

If you’re able to get to a state where online betting is legal, 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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