World Series Odds 2020

MLB Futures For Every Team

The Washington Nationals were priced at +2400 odds to win the 2019 World Series a year ago, giving hope to mid-range contenders vying to be 2020 MLB champions. The in-season MLB futures betting odds for the Nats rose as high as +5500 by mid-June with a record of 32-38 on June 15. They went on a fantastic run through the end of the regular season and upset the Houston Astros in the World Series after making the National League playoffs as a wild-card team.

We now move on from an offseason marred by sign-stealing scandals led by the Astros and Boston Red Sox. The Red Sox then shocked the baseball community by trading former MVP OF Mookie Betts to the Los Angeles Dodgers. The acquisition of Betts further strengthened the already-stacked Dodgers’ hold on the No. 1 spot in the NL heading into the season.

On this page, we’ll keep you updated regularly on the odds to win the 2020 World Series, while breaking down why teams are trending in certain directions. We also provide an in-depth guide to betting on MLB in 2020 with strategy tips and definitions of key terms.

World Series futures 2020

World Series Winner

Game
(Eastern Time)
(EST)
LA Dodgers
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+375
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+400
NY Yankees
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+400
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+380
Houston
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+550
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+650
Atlanta
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+1200
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+1400
Washington
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+1600
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+1800
Minnesota
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+1800
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+1800
Philadelphia
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+2000
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+2300
St. Louis
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+2000
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+2300
Tampa Bay
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+2000
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+2200
NY Mets
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+2200
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+2100
Chicago Cubs
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+2500
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+3000
Cleveland
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+2500
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+2800
Boston
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+2500
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+3300
Oakland
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+2800
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+2500
Cincinnati
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+2800
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+3000
Milwaukee
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+3300
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+3300
Chicago WS
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+3500
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+3300
LA Angels
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+4000
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+3500
San Diego
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+5000
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+5000
Arizona
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+5000
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+4600
Texas
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+10000
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+8500
Toronto
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+10000
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+10000
Pittsburgh
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+10000
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+10000
Colorado
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+15000
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+10000
SF Giants
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+25000
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+10000
Seattle
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+50000
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+10000
Kansas City
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+50000
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+10000
Miami
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+75000
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+10000
Detroit
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+75000
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+10000
Baltimore
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+75000
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+10000
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MLB futures report: March

By Esten McLaren

The favorites

Los Angeles Dodgers (+375): The Dodgers leapfrogged the New York Yankees as the No. 1 preseason favorite once the dust finally settled on their acquisitions of former MVP Mookie Betts and former Cy Young winner David Price from the Boston Red Sox. Los Angeles is the most complete team in baseball as it looks to return to the Fall Classic for the third time in four years.

New York Yankees (+400): The Yankees have dropped slightly from their +350 odds but remain the clear-cut favorites in the American League. Beware of issues in the starting rotation to open the season, as SP Luis Severino will miss the season following Tommy John surgery, SP James Paxton remains sidelined by a back issue, and Domingo German will be suspended for the first half of the year. At least the offense is intact to carry the team.

Houston Astros (+550): The Astros may be entering the 2020 MLB season as baseball’s most-hated team by fans and opposing players alike, but it hasn’t affected their championship odds. Only the Dodgers and Yankees have lower odds to win their respective divisions in 2020.

The contenders

Atlanta Braves (+1200): The Braves have held steady over the last two weeks to remain atop our second tier of World Series hopefuls. The five-man starting rotation remains up in the air, but they have plenty of depth and their options are open.

Washington Nationals (+1600): The reigning champs prepare to defend their title having undergone relatively minor changes this offseason, outside of the loss of 3B Anthony Rendon to free agency. Juan Soto, Victor Robles, and Trea Turner are the young guns now fully in charge of providing enough run support for the star-studded rotation.

Minnesota Twins (+1800): The odds have dropped slightly from +2000 for the favorites in the AL Central. SP Kenta Maeda has been officially added from the Dodgers and will solidify the young starting rotation, especially while Michael Pineda serves his suspension to start the season.

Philadelphia Phillies (+2000): The Phillies had a successful offseason with the additions of SS Didi Gregorius and SP Zack Wheeler to boost hopes following a horribly disappointing 2019 campaign. They have the fourth-best odds to win the NL East, but they have the third-best odds to win the World Series of the teams in the division.

St. Louis Cardinals (+2000): The reigning NL Central champs look to go back-to-back for the first time since winning three straight titles from 2013-2015. They’re the only projected division winner with odds greater than +200, and they’re the only NL Central team with World Series odds better than +2500.

Tampa Bay Rays (+2000): The Rays had a busier-than-usual offseason, landing 1B/DH Jose Martinez, and OFs Hunter Renfroe and Manuel Margot via trade. The starting rotation can be the best in the American League with Blake Snell, Tyler Glasnow, and Charlie Morton.

The biggest movers

Boston Red Sox (+2500): Boston’s odds have dropped considerably since ballooning to +3300 in the immediate aftermath of the aforementioned Betts trade with the Dodgers. The public jumped all over an inflated number for a team that won the World Series just two years ago, albeit behind an MVP season from Betts.

Cincinnati Reds (+2800): The Reds were priced at +4000 just two weeks, but they’re among this season’s most popular dark horse picks and the odds have been adjusted to reflect the early betting action. They’re headed toward being 2020’s most overly-hyped team and their odds aren’t nearly as attractive as they once were.

Arizona Diamondbacks (+5000): While remaining a long shot, according to the books, the Diamondbacks’ odds have dropped from +6600 without having played a meaningful game. Their most likely path to the postseason remains as a wild-card team, as their +1200 odds to win the NL West rank second to the Los Angeles Dodgers at -1000.

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.

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.

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.