World Series Odds 2020

MLB Futures For Every Team

Within hours of the Washington Nationals winning Game 7 over the Houston Astros to claim the 2019 World Series, sportsbooks across the US were releasing MLB futures odds for the 2020 season. Take a look below for the opening numbers, and check back to this page as we add more insight and things to watch for during the baseball offseason.

World Series Winner

Game
10/31/2019
(Eastern Time)
(EST)
Houston
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+550
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+500
LA Dodgers
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+550
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+600
NY Yankees
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+550
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+600
Atlanta
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+1200
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+1100
Washington
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+1200
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+1400
Philadelphia
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+1400
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+2000
St. Louis
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+1400
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+1900
Boston
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+2000
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+1200
Chicago Cubs
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+2000
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+2000
Cleveland
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+2000
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+1500
NY Mets
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+2000
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+2200
Tampa Bay
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+2000
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+3000
Minnesota
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+2200
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+3000
Milwaukee
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+2500
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+2200
Oakland
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+2500
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+3000
Arizona
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+4000
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+5000
LA Angels
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+4000
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+4000
San Diego
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+4000
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+5000
Chicago WS
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+6600
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+8000
Cincinnati
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+6600
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+5000
Texas
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+6600
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+10000
Toronto
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+10000
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+8000
Colorado
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+12500
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+8000
Pittsburgh
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+12500
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+10000
SF Giants
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+15000
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+8000
Seattle
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+15000
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+10000
Miami
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+25000
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+10000
Baltimore
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+50000
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+10000
Detroit
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+50000
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+10000
Kansas City
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+50000
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10000

World Series 2019 recap

GameDateMoneylineMatchup/Result
Game 1Tuesday, Oct. 22Astros -195Nationals 5, Astros 4
Game 2Wednesday, Oct. 23Astros -186Nationals 12, Astros 3
Game 3Friday, Oct. 25Astros -150Astros 4, Nationals 1
Game 4Saturday, Oct. 26Nationals -118Astros 8, Nationals 1
Game 5Sunday, Oct. 27Astros -152Astros 7, Nationals 1
Game 6Tuesday, Oct. 29Astros -177Nationals 7, Astros 2
Game 7Wednesday, Oct. 30Astros -145Nationals 6, Astros 2

How to bet on the World Series

For those with wagering experience in other sports, much of the baseball terminology and concepts will be familiar. However, as with all sports, there are certain bet types and props that naturally are particular to the individual sport.

Here are the various ways to get a wager down on the World Series.

  • Moneyline: As with other sports, the moneyline represents the odds of a team winning a game. A “minus” sign indicates the favorite.  The number next to the minus sign represents the amount of money a bettor would need to wager to win a theoretical amount of $100. A “plus” sign indicates the underdog. The amount next to the plus sign represents the amount of money a bettor would win on a theoretical amount of $100.
  • Runline: Typically set at either -1.5 or +1.5, the runline functions much like the point spread in other sports. In a conventional runline scenario, the favored team must win by two or more runs or the underdog must lose by two runs or less in order for the runline to be covered. Odds are assigned next to the favorite (which is designated with a runline of -1.5) and underdog (which is designated with a runline of +1.5).
  • Total runs (over/under): The total combined number of runs projected to be scored in the game by both teams. As with other sports, bettors can place bets on the total either being exceeded or being greater than the amount of total runs scored.
  • Series line: With baseball usually being played in multi-game series between two teams — three- or four-game series being the most common — wagers are also available on which team will emerge as the winner in each matchup.
  • Team futures: A variety of wagers based on a variety of team-based outcomes for end of a season. For example, odds of a team winning its division, the pennant or the World Series; or odds on a team reaching a certain win total for the season, or prior to or after the All-Star break.
  • Player props: A variety of wagers based on individual players reaching certain benchmarks within a game or in a season.  Seasonal examples include over/under wagers on the number of hits, extra-base hits or home runs a player might hit in a season. In-game examples include over/under wagers on the number of hits, walks or home runs a player might hit in a game.
  • Team props: A variety of wagers based on teams reaching certain benchmarks within a game. Examples include over/under wagers on whether a team will score a team will score a certain amount of runs in a game. Or, how many runs a team will score by a certain inning within a game.
  • Parlays: Parlay wagering is defined as a series of bets that must all be correct in order for a bettor to be paid. Parlay bets feature more favorable odds and payouts due to the increased difficulty involved in predicting multiple outcomes correctly.

Basics of MLB Futures

Betting on the World Series is available all season long in the form of futures bets. It’s simple — find a team that you like and bet on them at their odds to win it all. For example, the Yankees were +600 (or 6/1) before the season to win the 2019 World Series. Had you placed a $10 bet on them and they did hoist the championship trophy, it would’ve earned you a $60 profit (but it’s a good thing you didn’t).

Futures bets may also include the winner of the American League, National League, and each division. Some sportsbooks delve deeper with “prop bets” on individual achievements, such as who will lead the Majors in home runs, wins, strikeouts, etc.

Generally, books take bets on futures in between game action. When teams are competing on a full slate of night games, your sportsbook of choice might hold off on updating odds in the event there is a catastrophic injury or another event that might change the prospects of a contender.

Here is a quick summary of how the odds are displayed for MLB Futures bets:

  • Some sportsbooks will use a system that shows the odds as 5/1, while some display them as +500. This is just semantics, as both systems indicate that a winning $100 bet on the team would cash out at 5x that amount ($500).
  • Odds can also be split into fractions. A team may be listed as a 9/2 favorite on one book, which is the same as a +450 favorite, i.e. a winning ticket pays out 4.5x the amount of the bet.

History of MLB futures

Placing a longshot Futures bet is a very risky proposition. In the NBA, for one, it’s almost akin to throwing away your money. The NFL is a bit more unpredictable with its single-elimination postseason, and the MLB is somewhere in between.

Rarely has a team come out of “nowhere” to win the World Series over the past several years, but plenty of fringe contenders have started the season with long odds before getting hot at the right time. According to archives compiled by William Hill Sportsbook, the Kansas City Royals were listed with +3300 odds to win it all during the first month of the 2015 season. Those odds dropped to +1400 in May, +1000 in June, and were down to +550 by the time the playoffs began.

In 2014, the San Francisco Giants opened the season with +2500 odds and went on to win it all. The Boston Red Sox were getting +2800 odds prior to the 2013 season, and the St. Louis Cardinals were getting +2500 odds prior to the 2011 season.

Hence, there is value in placing a small bet on an underdog early in the season. The Washington Nationals, Chicago Cubs, and even the slugging Colorado Rockies come to mind as fringe contenders with long odds this year. The past three years, the World Series crown has gone to one of the favored teams. The Cubs, Astros, and Red Sox paid off after opening the season with odds around +1000 or lower. There is a chance that an unexpected champion is crowned, but it is not guaranteed in today’s MLB due to the importance of pitching in the postseason.

Frequently Asked Questions

Where can I bet on the World Series in the US?

Currently, there are 13 states that offer legal sports betting. Residents of those states can use online sportsbooks (if available) or casino sportsbooks to place legal, real-money bets.

Who is the favorite to win the World Series in 2020?

The Astros are the favorites to win the 2020 World Series despite losing to the Washington Nationals in 2019.

When is the 2020 World Series?

The 2020 MLB postseason is scheduled to begin on Sept. 29, 2020. The World Series is scheduled to begin on Oct. 20 with a potential Game 7 concluding on Oct. 28.

Where can I get MLB betting tips?

PlayPicks.com provides free updates on the movement of MLB Futures lines and offers up-to-date advice on the best bets for games and Futures. Those interested in Daily Fantasy Sports can also check out our free plays and picks each day with advice relevant for DFS contests on DraftKings and FanDuel.