The pitch-level bets, which include wagers on the type of pitch and the velocity, will also be excluded from parlays.

MLB said Monday the limits were agreed to by sportsbook operators representing more than 98% of the U.S. betting market.

Debate about a potential Major League Baseball salary cap is likely to increase. Here's what Royals GM J.J. Picollo thinks of ...

Major League Baseball (MLB) and its gambling partners are setting limits on how much the public can wager on an individual ...

Major U.S. sportsbooks have agreed to set a nationwide $200 betting limit on baseball wagers covering individual pitches ...