Chicago Cubs Odds

The Cubs lost 88 games in the 2022 season. However, the club is optimistic because of the misleading nature of that number. Chicago was one of nine teams to win at least 40 games over the season's last 71 games. Eight other members of the group advanced to the playoffs.

The Cubs have high expectations for 2023, which are supported by several significant roster additions, but it's unclear whether this level of confidence is justified considering the overall players on their roster. Dansby Swanson, a former shortstop for the Braves, has been added to their roster along with many veteran players including Eric Hosmer, Tucker Barnhart, and Trey Mancini.

Will they make any more moves ahead of the 2023 season?

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Betting on the Chicago Cubs

MLB Odds: Chicago Cubs vs. New York Mets

Below is a selection of odds for the upcoming MLB game: Updated August 15, 2023 - Odds Provided by BetMGM - Subject to Change

Cubs Spread (Run Line)

Betting point spreads are wagers based on the expectation that a team will win or lose by a certain number of points -- or in baseball's case, runs. The Cubs went 85-77 against the run line in 2022. Here’s an example:

• Twins +1.5 (+110)
• Cubs -1.5 (-110)

In this situation, the Twins are 1.5 run underdogs against the Cubs. If Chicago wins the game by two or more runs, a $100 wager on the Cubs would come with a payout of $90.91. If Minnesota won the game outright or lost by one run or less, the same $100 wager would net $110 plus the original $100 for a total of $210.

Note: run lines in baseball are typically low considering the low scoring nature of the game, so odds on lines could vary significantly even if the run totals are similar.

FAQ: Everything you need to know about run lines

Cubs Over/Unders

Over/under, also called point total, is a wager placed on the combined scoring of a single game. Bookmakers come up with a number and you can either bet the over or — you guessed it — the under. Here’s how it works:

Let's say the Brewers play the Cubs and the over/under is set at 7.5 runs. A wager on the over would require Milwaukee and Chicago to score eight total runs or more to win. Betting the under is an expectation that the two teams would score seven or fewer runs. It's also possible for the bet to push, which would happen if the line was a whole number like seven, and the game finished with exactly seven runs scored.

In 2022, The Cubs were a near the bottom of the league when it came to exceeding point totals, going 66-83-13 against the over.

FAQ: Betting the point total, explained | What is a push?

Cubs Moneylines

Chicago was a difficult team to pick when betting the moneyline in 2022. The Cubs were a relatively tough team to bet the moneyline on throughout the season . They finished the 2022 season 74-88.

Check out this example on betting the moneyline:

• Cubs -120
• Tigers +130

The minus (-) and plus (+) signs distinguish the favorite from the underdog, making Chicago the favorite in this scenario. Odds can be understood more clearly if you think in terms of $10 or $100 increments. A wager on the Cubs odds would mean every $120 bet nets $100. And it's the opposite for underdogs: Here the Tigers moneyline was set at +130, meaning a $100 wager would profit $130.

Moneylines are also commonly used when making parlays, which are multiple bets tied into one. Let’s say you bet the Cubs moneyline and a -1.5 run line, Chicago would need to win by two runs or more for that bet to be successful. The risk is greater, but so is the reward with increased odds. Use our Odds Calculator to calculate any bet amount or conversion.

FAQ: How to bet on the moneyline | How to make a parlay

Cubs Props

Player props are wagers on a single player, and they're tied to a single stat found in the box score for a game or even the whole season. These are among the most fun to bet on, especially if you're already playing fantasy baseball and like the player-specific focus it offers. Check out a hypothetical example below:

• Ian Happ Home Runs: 20.5

FAQ: Here’s how prop betting works

Cubs Futures

Futures are somewhat similar to prop bets in the way that both are monitored over the course of a season. Except most future bets are focused on end of season success. Examples of futures are:

• Chicago Cubs odds to win the NL Central
• Chicago Cubs odds to win the NL
• Chicago Cubs odds to win the World Series
• Marcus Stroman's odds to win NL Cy Young

If you’re confident that the Cubs can win the NL or that Stroman will be the best pitcher in the league, this is the place to be. For a full list of MLB futures, click or tap here.

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How to Bet on the Chicago Cubs

Online sports betting in Illinois is live and legal. Online sports bettors are able to register for a sportsbook of their choosing fully online. There are several great sportsbook options in Illinois for residents to choose from. Here are a few with great promotional offers: BetMGM and more.

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