World Series Odds

World Series odds
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Major League Baseball title contenders are starting to separate from the pack. World Series odds show the Dodgers (+270) as the favorites. The Braves (+550), Yankees (+800), and Phillies (+800) are also near the top of sportsbook boards.

Check out live odds for the 2024 World Series below.

World Series odds

Compare World Series odds for the 2024 MLB season below. Click to bet on the price you like.

The Atlanta Braves opened as World Series favorites for 2024. Here were the opening prices for some of the favorites.

  • Atlanta Braves: +700
  • LA Dodgers: +750
  • Houston Astros: +900
  • Texas Rangers: +900
  • Philadelphia Phillies: +1100
  • New York Yankees: +1300

World Series odds

Here are World Series odds for every team with a betting breakdown for each.

  • LA Dodgers (+300): The Dodgers are the clear-cut favorites after landing Shohei Ohtani in free agency. The lineup is absolutely stacked, with NL MVP favorite Mookie Betts leading the way.
  • Atlanta Braves (+550): Even with Cy Young favorite Spencer Strider being sidelined for the season, the Braves still have the second shortest odds to win it all.
  • New York Yankees (+800): Juan Soto is now wearing Yankees pinstripes, and New York is one of the hottest teams in baseball. The Yankees are finding ways to win, even though AL Cy Young winner Gerrit Cole is still sidelined with an elbow injury.
  • Philadelphia Phillies (+800): The Phillies’ starting rotation, which includes Cy Young contenders Zach Wheeler, Ranger Saurez, and Aaron Nola, combined with a stacked lineup, makes them a team worth monitoring on the World Series futures board.
  • Baltimore Orioles (+850): The O’s came out of nowhere to win 101 games last season without excelling in any particular metric. GM Mike Elias made a big splash during the offseason when he traded for former NL Cy Young winner Corbin Burnes. Worth a stab at Fanatics Sportsbook.
  • Houston Astros (+1200): The Astros might be off to a bad start, but it’s hard to ignore the fact that this franchise has been one of the most consistent teams over the last seven seasons.
  • Seattle Mariners (+2000): With Julio Rodriguez leading the way, the Mariners are the early leaders in the AL West standings.
  • Chicago Cubs (+2200): Cody Bellinger, Dansby Swanson and company are hoping for a better outcome this season after just missing the 2023 playoff cut.
  • Texas Rangers (+2500): Coming off their first World Series title, the Rangers continue to be hampered by injuries and the impact is showing in the AL West standings.
  • Minnesota Twins (+3000): The Twins are a team on the rise with young talent all over the field and a good bullpen to back up their starting rotation. 
  • Arizona Diamondbacks (+3300): Postseason stars Corbin Carroll and Ketel Marte are on guaranteed contracts for several more years, and the D’Backs avoided arbitration to keep stud starter Zac Gallen and closer Paul Sewald.
  • Toronto Blue Jays (+3300): The Blue Jays play in the toughest division in baseball, leaving little room for error.
  • Cleveland Guardians (+4000): Stephen Vogt has replaced Terry Francona as the Guardians manager, and Cleveland has jumped out to the early AL Central lead.
  • Kansas City Royals (+4000): Bobby Witt Jr. is one of the more exciting young players in baseball, and his Royals are in the thick of the AL Central race.
  • San Diego Padres (+4500): The Padres star-studded roster no longer includes Juan Soto or Blake Snell, making the World Series chase much more challenging. 
  • Tampa Bay Rays (+5000): Despite winning 100, 86, and 99 games over the past three seasons, the Rays have fizzled out in the ALDS or Wild Card in the playoffs, earning a comparison to the modern-day version of the “Moneyball” A’s. 
  • Milwaukee Brewers (+6000): The Brewers have contended for the N.L. Central crown for several years but haven’t made much noise in the postseason. 
  • San Francisco Giants (+7000): The Giants went on a spending spree that included signing NL Cy Young winner Blake Snell, OF Jung Hoo Lee out of the KBO, third baseman Matt Chapman, and slugger Jorge Soler. Time will tell if the investments pay off.
  • St. Louis Cardinals (+7500): As one of the most consistent franchises in professional sports, it’s hard to imagine the Cardinals will follow up last year’s debacle with another poor season. 
  • Cincinnati Reds (+7500): The Reds have a roster filled with exciting young talents, but building a World Series contender takes time.
  • Boston Red Sox (+7500): Playing in the same division with two of the World Series favorites means the Red Sox road to a World Series is once again an extremely challenging one.
  • New York Mets (+10000): On his way out the door, Max Scherzer claimed the Mets front office told him they’re not planning to compete for a title in 2024 either, indicating a longer rebuild. 
  • Detroit Tigers (+10000): Before the Tigers can be considered World Series contenders, the franchise must first figure out how to end a decade-long playoff drought.  
  • Pittsburgh Pirates (+12500): Even with O’Neil Cruz back in the lineup, the Pirates are not expected to contend for the World Series this season. 
  • Washington Nationals (+30000): The Nats are looking at another season with extremely long World Series odds.
  • Los Angeles Angels (+35000): Besides Shohei Ohtani playing for that other team in L.A., Mike Trout is going to miss significant time due to a torn meniscus.
  • Oakland Athletics (+40000): This is the final season for the A’s at the Oakland Coliseum, and based on the odds, it will be another losing season.
  • Colorado Rockies (+45000): The Rockies are another franchise that is years away from being a World Series contender. 
  • Miami Marlins (+50000): After being a Wild Card team in 2023, the Marlins have tumbled to the bottom of the NL East standings.
  • Chicago White Sox (+50000): The White Sox went into Memorial Day Weekend 18.5 games out of first place and a -109 run differential.

How World Series odds are changing

Here is a look at how World Series odds are changing this season.

TeamWorld Series Odds November 2World Series Odds March 28 (Opening Day)World Series Odds June 21
Atlanta Braves+700+550+950
Texas Rangers +800+1500+3000
Los Angeles Dodgers +900+350+270
Philadelphia Phillies +1000+1500+450
Houston Astros +1100+650+2000
Baltimore Orioles+1200+1200+950
Tampa Bay Rays +1400+3500+6500
New York Yankees+1600+1100+450
Toronto Blue Jays +1800+1800+7500
San Diego Padres +2000+4000+4400
Seattle Mariners +2000+1800+2000
Minnesota Twins +2200+2500+2000
New York Mets+2500+4500+8500
Chicago Cubs +3300+2700+6000
Arizona Diamondbacks +3300+4000+5000
Boston Red Sox +3300+6600+11000
San Francisco Giants +4000+3300+7000
Milwaukee Brewers +4000+9000+2700
Cincinnati Reds +4000+4500+12000
Cleveland Guardians +5000+6000+2500
Miami Marlins +5000+8000+50000
St. Louis Cardinals +5000+3300+7500
Los Angeles Angels +6000+12500+50000
Detroit Tigers +7500+6000+10000
Pittsburgh Pirates +10000+17500+20000
Chicago White Sox +15000+25000+50000
Washington Nationals +15000+25000+50000
Kansas City Royals +20000+12500+4400
Colorado Rockies+20000+45000+50000
Oakland Athletics +30000+40000+50000

Here is a closer look at how odds to win the World Series have changed since the start of the season.

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 Braves were +1000 to win the World Series before the start of the 2021 season. If you bet $100 on Atlanta to win it all before the season began, you would have won $1000 with a total payout of $1100. A $10 bet would have netted you $100.

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 long shot Futures bet on baseball is a very risky proposition. In NBA betting, 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 Caesars 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.

The Texas Rangers opened the 2023 season with +4500 odds and were still +295 heading into the ALCS. The Houston Astros (+185) and Philadelphia Phillies (+210) had shorter WS odds.

In 2014, the San Francisco Giants opened the season with +2500 World Series 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. 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.

Recent World Series winners and preseason odds

Here is a look back at the last five World Series champions along with a consensus of the winner’s preseason odds. The 2020 regular season was reduced to 60 games as a result of the global pandemic. It also included an expanded playoff field.

Year TeamPreseason Odds
2023 Texas Rangers +4500
2022Houston Astros+700
2021Atlanta Braves +1400
2020Los Angeles Dodgers +450*
2019Washington Nationals +2000
2018Boston Red Sox +1300

Other ways 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.
  • Run line: Typically set at either -1.5 or +1.5, the run line functions much like the point spread in other sports. In a conventional run line 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 run line to be covered. Odds are assigned next to the favorite (which is designated with a run line of -1.5) and underdog (which is designated with a run line 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.
  • 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.

For states that have yet to legalize online betting, you can also play MLB daily fantasy sports or check out free-to-play betting sites, like these California sports betting apps that offer social wagering.

MLB betting FAQ

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

Currently, 38 states and the District of Columbia offer some form of legal sports betting. Residents of those states can use best sports betting sites (if available) or casino sportsbooks to place legal, real-money bets. In 2024, North Carolina sports betting apps launched and joined this list of MLB betting states.

Who is the favorite to win the World Series in 2024?

The Los Angeles Dodgers are the early favorite to win the World Series with +350 odds. The Braves, at +450, are close behind, followed by the Astros (+800) and the Yankees (+900). The defending champion Rangers have around +1400 odds at most sportsbooks.

Expect these future odds to shift once the regular season begins for all 30 clubs. In 2023, the Rangers were sitting at +4500 in late March. By Oct. 5, their odds shifted to +700.