MLB betting for the 2020 season is starting to heat up as the league nears its targeted late-July return date. Let's take a look at some MLB futures odds, specifically diving into the 2020 World Series betting odds.
Who is the favorite to win the 2020 World Series?
After the offseason trade that added superstar Mookie Betts to a roster already boasting lots of star power, the Los Angeles Dodgers are the World Series favorite at +375. They're also set to benefit from the condensed 60-game schedule, where they only get to play their own division (the NL West) and their geographical equal in the AL West.
The New York Yankees also had a big offseason, with the signing of Gerrit Cole, plus the massive delay afforded Aaron Judge and Giancarlo Stanton time to recover from injuries. Even though their schedule is against a tricky AL East and a hyper-competitive NL East, they still have the second-best World Series betting odds at +400.
The Houston Astros are next on the list at +650 and although the 'Stros are coming off two World Series appearances over the last three years, the loss of Cole will hurt, as will the target on their back after their sign-stealing scandal came to light.
After those three teams at the top of the 2020 World Series betting odds, there's a big drop off to the next level with the Atlanta Braves at +1,300, the Minnesota Twins at +1,600, then the Tampa Bay Rays and defending World Series Champion Washington Nationals at +1,800.
Here are the World Series champion odds for the 2020 season, as of July 9:
What are the current odds to win the 2020 World Series?
|Team||Odds to win 2020 World Series|
|Los Angeles Dodgers||+375|
|New York Yankees||+400|
|Tampa Bay Rays||+1,800|
|New York Mets||+2,000|
|St. Louis Cardinals||+2,000|
|Chicago White Sox||+2,500|
|Boston Red Sox||+3,000|
|Los Angeles Angels||+3,500|
|San Diego Padres||+4,000|
|Toronto Blue Jays||+10,000|
|San Francisco Giants||+15,000|
|Kansas City Royals||+50,000|
Odds courtesy of DraftKings.
Understanding World Series futures odds
Sportsbooks will post odds for the World Series as early as the day after the end of the previous MLB postseason. These odds are constantly adjusted throughout the offseason as players get hurt or are suspended or traded. Once the season begins, title odds will change as often as daily as teams win and lose games and as players get hurt or suspended. Sportsbooks will also adjust the MLB futures odds based on handle and liability to certain teams.
World Series futures odds will usually look like this:
- New York Yankees +325
This means that on a $100 bet, you'll stand to profit $325 if the Yankees win the World Series. If it's close to the end of the regular season or during the playoffs and if there is a very dominant team, you might see that a team is has a minus sign (-) ahead of its odds.
- Boston Red Sox -120
This means that you would need to bet $120 to win $100 on a Red Sox championship.
Above we have posted the American odds for MLB futures. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool.
How to bet on MLB futures odds
There are a few different ways to bet on professional baseball futures odds. One way is by selecting the winner of the World Series. You're able to do this from basically after the final out of the previous year's World Series all the way through the next year's playoffs.
There are many other baseball futures markets to dive into as well, such as odds to win the National League and American League pennants, odds to win each division within both the NL and AL, and by taking the Over or Under on a team's total wins for the season. Some sportsbooks will also offer markets on player awards such as the MVP, Cy Young, and Rookie of the Year.
WHERE CAN I BET ON WORLD SERIES ODDS?
Most online books and casinos offer futures bets on MLB regular-season win totals, even with this condensed season. Check out the best sportsbooks available where you live.