World Series Odds 2021

MLB Futures For Every Team

The 2020 MLB season wrapped up on Oct. 27 with the LA Dodgers hoisting the Commissioner’s Trophy. Looking at World Series odds for 2021, the Dodgers are the favorites to win it all again. The Dodgers were +400 to win the World Series in 2021 at FanDuel Sportsbook on Oct. 28. The Yankees were right behind at +550, the Braves were +900 and the Padres were +1300. Last season’s runner-up, the Tampa Bay Rays, were also +1300.

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World Series odds 2021

World Series winner

Dodgers
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+480
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+400
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+375
Yankees
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+525
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+550
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+700
Braves
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+1000
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+950
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+1200
Rays
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+1200
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+1300
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+1000
Padres
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+1300
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+1300
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+750
White Sox
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+1500
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+1400
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+1100
Twins
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+1500
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+1700
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+1000
Astros
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+1800
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+1500
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+1700
Athletics
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+1800
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+2100
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+1400
Indians
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+2200
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+2100
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+1700
Cubs
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+2500
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+3000
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+2000
Reds
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+2500
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+3000
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+2500
Phillies
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+3000
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+3500
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+4000
Mets
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+3300
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+2500
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+3000
Cardinals
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+3300
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+3500
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+3500
Nationals
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+3500
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+2500
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+3000
Angels
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+4000
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+4000
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+4000
Blue Jays
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+4000
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+3500
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+7000
Brewers
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+4500
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+4000
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+5000
Red Sox
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+5000
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+4000
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+8000
Marlins
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+5000
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+5500
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+20000
Rockies
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+6600
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+6500
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+15000
Diamondbacks
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+7000
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+6000
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+6600
Orioles
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+7000
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+8000
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+12500
Giants
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+7000
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+8000
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+7000
Mariners
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+8000
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+8000
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+25000
Rangers
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+8000
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+7500
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+12500
Tigers
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+10000
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+10000
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+25000
Royals
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+10000
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+10000
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+15000
Pirates
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+10000
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+15000
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+35000

World Series odds: Futures report

The favorites

Odds listed here are from DraftKings Sportsbook.

Los Angeles Dodgers (+480): The Dodgers have it all and they showcased it during an impressive postseason run. Walker Buehler is now their ace and Clayton Kershaw might have a couple more years left in him. If young arms Tony Gonsolin and Julio Urias can round out their rotation and they find a more reliable closer than Kenley Jansen, the Dodgers could certainly repeat.

New York Yankees (+525): The Yankees were outmaneuvered and out-managed in the ALDS by a Rays team that has the lowest payroll in baseball. Yet they open the 2021 season favored ahead of Tampa Bay (+1200) and other AL teams by a wide margin. All eyes will be on injury-prone sluggers Aaron Judge and Giancarlo Stanton, but the Yanks’ key to success could be the development of their stud pitching prospects.

Atlanta Braves (+1000): The Braves were a hair away from their first World Series appearance since 1999 and could certainly return on the strength of a fearsome lineup led by young hitters Ozzie Albies and Ronald Acuna Jr. Atlanta plays in the weak NL East and could close the gap on the Dodgers by bolstering their pitching staff this offseason.

Tampa Bay Rays (+1200): Behind an incredible bullpen and advanced defensive strategies, the Rays won 68.9% of their close games last season. While that new-age approach eventually cost them the World Series when Kevin Cash pulled ace Blake Snell way too early, the Rays are capable of returning to that stage.

San Diego Padres (+1300): The Dodgers stand in their way to win the NL West and potentially the NL Pennant, but the Padres are getting favorable odds for 2021. If Mike Clevinger and Dinelson Lamet are both healthy by next September, look out for this loaded young team.

The longshots

Minnesota Twins (+1500): Once again, the Twins put together a marvelous regular season in 2020 – only to get smoked in the playoffs. Minnesota has lost 18 straight postseason games, but maybe this is the year they find success by following Tampa’s model with creative defense and bullpen usage.

Chicago White Sox (+1500): The White Sox showed immense promise during the shortened season, then backed into the playoffs on a losing skid and couldn’t find the pitching depth necessary to outlast the pesky Athletics. They’re more or less locked into their core roster heading into 2021.

Houston Astros (+1800): The Astros showed their playoff acumen after sneaking into the expanded postseason. They’ll have to show more consistency throughout the regular season to earn a Wild Card berth or top the A’s in the AL West.

Oakland Athletics (+1800): If you’re searching for a team that could replicate Tampa Bay’s success with a new-age approach, the Athletics are the best candidate. They’ve yet to put it together in the postseason, but have earned a playoff berth in three straight seasons under Bob Melvin.

Cleveland Indians (+2200): The Indians may have to spend big this offseason, beginning with a possible extension for stud SS Francisco Lindor. In the crowded AL Central, they must decide whether to commit to compete now, or rebuild.

Chicago Cubs (+2500): The Cubs have an odd mix of veterans and young studs that hasn’t translated to much success yet under new manager David Ross.

New York Mets (+3300): With Jacob deGrom and Noah Syndergaard ready to lead their staff, the Mets could contend if they can bolster their lineup through trades or free agency.

St. Louis Cardinals (+3300): When it comes to the Cardinals, the name on the front of the jersey is always bigger than the name on the back. In other words, this franchise is always poised to compete regardless of whether it has many stars on the roster.

Washington Nationals (+3500): The 2020 season was a wash for the 2019 World Series champions. The Nats could bounce back over a much longer 2021 campaign.

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 Dodgers were +380 to win the World Series before the start of the 2020 season. If you bet $100 on LA to win it all before the season began, you would have won $380 with a total payout of $480. A $10 bet would have netted you $38.

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 on baseball 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 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. 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.

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.
  • 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.
  • 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.

MLB betting FAQ

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

Currently, there are 16 states that offer legal sports betting. Residents of those states can use top online sportsbooks (if available) or casino sportsbooks to place legal, real-money bets.

Who is the favorite to win the World Series in 2021?

After winning the 2020 World Series, the Dodgers are again the favorites to take it all in 2021. They were +400 at FanDuel Sportsbook to claim the trophy again right after the 2020 season ended.

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.