World Series Bet
The 2021 MLB Season began with Spring Training on February 17, 2021, including regularly scheduled games with limited attendance. Opening Day on April 1, 2021, starts the season for all 30 teams.
In addition to daily bets on MLB games during the season, find World Series odds, odds for the National League Championship Series (NLCS), odds for the American League Championship Series (ALCS), and other post-season playoff action. Odds for individual players to win the NL and AL MVP awards, and the AL and NL Cy Young awards are also available. For example, the New York Yankees are +600 to win the World Series this year, thus if you were to place a $100 bet on them and they were to win, it would return a $600 profit plus your $100 stake. A year later, after the Nationals won the 2019 World Series, Boston was still among the top-five favorites to rebound in 2020, at +1000 odds. Then, following the Mookie Betts trade, the depleted Sox had dropped to +3000 to win this year's World Series once the 2020 schedule was announced. These are current MLB betting odds to win the 2020 World Series as of January 2020 at SportsBetting.ag. The Washington Nationals, the 2019 champions, are not the favorites to repeat their victory this year; as of writing this their odds are at +2200. However, the Yankees are the odds-on favorite to win it all at +400.
But betting on the 2021 World Series started the day after the Dodgers beat the Tampa Bay Rays in Game 6 of the 2020 World Series. Sportsbooks across the US were taking bets on the future champions, and they’ll be continuing to do so all throughout the season and postseason.
The 2021 MLB Season will end with the World Series after 162 games per team (same as every year except for 2020’s 60-game season). There will likely be full-attendance games across all the stadiums by mid-season as well.
Colorado Rockies +15000. Texas Rangers +15000. Pittsburgh Pirates +20000. Bet on the 2021 World Series Las Vegas Odds at Bovada Sportsbook. NCAA College Basketball Odds. Receive a 50% Welcome Bonus up to $250. NBA Basketball Odds. 1st Wager will never be a Losing Bet at MyBookie.
Legal sportsbooks installed the Dodgers as the favorite to win the 2021 World Series. Other top contenders include the New York Yankees, Atlanta Braves, San Diego Padres, and the Chicago White Sox
Current 2021 World Series Odds
Below are the futures for the 2021 World Series at some of the top sportsbooks. The odds highlighted in green represent the best line (most profitable odds) of the bunch.
+380 | +350 | +350 | +350 |
+380 | +550 | +600 | +550 |
+4000 | +800 | +900 | +800 |
+3300 | +850 | +1000 | +850 |
+1300 | +1000 | +900 | +1000 |
+2500 | +1000 | +1200 | +1000 |
+1500 | +1800 | +1600 | +2000 |
+2500 | +2500 | +1800 | +2500 |
+1800 | +2500 | +1600 | +2500 |
+8500 | +2200 | +2500 | +2200 |
+3000 | +2200 | +2200 | +2500 |
+2200 | +2500 | +2200 | +2200 |
+3500 | +3000 | +3500 | +3300 |
+2800 | +3500 | +3000 | +3300 |
+2500 | +3500 | +3500 | +4000 |
+3000 | +3500 | +3500 | +4000 |
+2500 | +4000 | +3500 | +4000 |
+3500 | +3500 | +4000 | +4000 |
+3000 | +4500 | +3000 | +4400 |
+4000 | +4500 | +5000 | +5000 |
+75000 | +6500 | +8000 | +7500 |
+30000 | +8000 | +8000 | +10000 |
+8000 | +11000 | +8000 | +8000 |
+75000 | +10000 | +8000 | +10000 |
+75000 | +11000 | +8000 | +10000 |
+10000 | +11000 | +10000 | +10000 |
+15000 | +15000 | +8000 | +10000 |
+5000 | +13000 | +10000 | +10000 |
+10000 | +15000 | +10000 | +15000 |
+16000 | +15000 | +15000 | +25000 |
Odds are updated automatically daily.
Top 3 Sportsbooks For World Series Betting
BetRivers
- Bonus Offer: Claim 100% deposit bonus up to $250 with code 250MATCH here
- Typical World Series Promo: New members win $100 if either team hits a homerun
- Available States: Colorado, Illinois, Indiana, Iowa, Michigan, New Jersey (as SugarHouse), Pennsylvania, Tennessee, Virginia
- Standout World Series Features: BetRivers offers some of the promotions in sports betting, including a welcome bonus that lets you place any combination of bets on odds -200 or longer with just a 1x playthrough requirement.
William Hill
- Bonus Offer: Claim a risk-free bet of up to $2,021
- Typical World Series Promo: Bet $5 on one of the teams to win $100 if that team gets a hit
- Available States: Colorado, Illinois, Indiana, Iowa, Michigan, New Jersey, Nevada, Pennsylvania, Tennessee, Virginia
- Standout World Series Features: William Hill offers highly competitive odds on all World Series bets, from the player and team props to the futures and beyond.
FanDuel Sportsbook
- Bonus Offer: Claim a risk-free bet up to $1,000
- Typical World Series Promo: Wager $50+ on World Series future for $5 site credit every time the team wins leading up to the series
- Available States: Colorado, Illinois, Indiana, Iowa, Michigan, New Jersey, Pennsylvania, Tennessee, Virginia, West Virginia
- Standout World Series Features: FanDuel Sportsbook always has some of the best promotions surrounding the postseason across all sports, particularly the MLB, NBA, and NFL. Your sportsbook login and bankroll (except bonus credits) apply to the FanDuel Daily Fantasy Sports (DFS) platform as well.
Odds To Win The World Series – Whose Odds Are Increasing?
LA Dodgers
Adding multi-time All-Star outfielder Mookie Betts to the roster paid off big for the Dodgers in 2020. With Betts, Cody Bellinger, Corey Seager, and Max Muncy anchoring a strong batting order, Los Angeles won its first World Series title since 1988.
In addition to that strong offensive threat, the Dodgers also brought back three-time Cy Young Award winner Clayton Kershaw, signed reigning National League Cy Young winner Trevor Bauer from free agency, and have Walker Buehler, making for one of baseball’s best pitching staffs.
Barring unforeseen circumstances, the Dodgers are likely to remain at the top of the list as the sports betting favorite to win the 2021 championship.
San Diego Padres
The Padres produced one of the most surprising seasons of any MLB team in 2020. San Diego finished 2nd in the NL West and clinched a playoff spot for the first time since 2006.
Power-hitting became the trademark of the 2020 San Diego team, with Manny Machado and Fernando Tatis Jr. leading the rise of one of MLB’s most promising young teams. And while they started at +4000 odds for the 2021 World Series, they’ve since become one of the favorites after signing three top-tier pitchers: Yu Darvish, Blake Snell, and Joe Musgroves from the Cubs, Rays, and Pirates, respectively.
Odds To Win The World Series – Who’s In Trouble?
Houston Astros
The controversial Houston Astros franchise produced another deep postseason run in 2020, falling just one game short of advancing to the World Series for the third time in four years. Houston lost to Tampa Bay four games to three in the American League Championship Series.
The Astros finished just 29-31 in the regular season, however, and only made the postseason due to the expanded playoff format that brought in eight teams from each league.
The traditional playoff setup (with five teams each invited from the AL and NL) returns for 2021, and Houston will have to make a better regular-season showing to end up with the franchise’s fifth consecutive playoff appearance.
Washington Nationals
The Nationals defeated the Astros in the 2019 World Series but fell short of the 2020 playoffs after a last-place campaign in the NL East. The Nationals went 26-34 in the 2020 regular season, tied for last in the division with the New York Mets.
What’s Different In The 2021 MLB Season?
Return To The Traditional Schedule
MLB plans to play a full 162-game schedule for the 2021 regular season. The season begins April 1 and ends on November 3 at the latest.
The normal schedule, in-game rules, and postseason format come back for the 2021 season. The 2020 season restricted teams to playing other geographically close opponents throughout the regular season, and the postseason played out at selected neutral sites.
The 30 MLB teams expect to return to the normal routine for 2021, which includes somewhat frequent cross-country travel and designated home and away teams for the playoff series.
Other 2020 rules changes, like the designated hitter applied to National League games, won’t return for 2021.
Where Can I Bet On The World Series Online?
In the US, there are currently 17 states (plus DC) where sports betting is legal in some form. However, of those states, only these ten states explicitly allow legal online sportsbooks:
- New Hampshire
- Oregon
- Rhode Island
Washington DC also allows mobile sports betting through the DC lottery, and you can bet in-person at licensed venues, including Capital One Arena.
States with legal in-person betting but not mobile betting include:
- Mississippi (in-person mobile betting)
- Arkansas
- Delaware
- Montana
- New Mexico
Dozens of other states have considered legislation related to legalizing physical and online sports betting in 2020 alone. Much of this legislative moment came as a result of the overturn of PASPA, the law that prohibited online sports betting.
In fact, around ten states will likely legalize sports betting in some form by the end of 2021, including California, Florida, Georgia, Arizona, and possibly even Texas, which are some of the most populated areas of the country.
Will All Legal US Sportsbooks Take Bets On The World Series?
Yes. While some states bar residents from betting on in-state college games, you can bet on the pros. And because the World Series is one of the biggest sporting events in America, it’s a safe bet that it will be well represented at every legal online sports betting site and app.
It’s also likely that the standard sports betting odds on the World Series will be comparable across the options. That means if you make a straight bet on one of the teams, it doesn’t matter much where you place your bet as long as it’s a legal site.
However, the odds start to get more variable with exotic bets and promotions. This is true with the MLB (and all sports) in general, but it’s in overdrive when it’s the World Series. From unique prop bets to odds boosters to deposit bonuses, each online sportsbook will have something interesting on offer.
How To Place Online World Series Bets
If you’re in a state where online sports betting is legal, placing a bet is relatively simple. Choosing the best bet is where things get a bit more tricky. But analytics aside here’s a step-by-step guide on online World Series betting:
Choose A Sportsbook And Create An Account
You’ll have a set number of options to choose from. States like New Jersey and Nevada have over 20 online sportsbooks while other states have just a few. Here are some factors to consider:
- How good are the promotions?
- How fair are the bonus terms & conditions?
- Do they offer the best odds?
- Can you play via mobile?
Once you’ve selected an online sportsbook, you’ll create an account. Follow the steps that include providing your personal information, and you’ll need to allow the sportsbook to know your location. For all states, you need to be physically located in the state to bet.
Bonuses
You may find a sign-up or registration bonus that gives you free money without the need to deposit. You may also take advantage of a deposit bonus where the casino matches your deposit by a certain percentage.
Just be sure to read all bonus terms and conditions before you opt-in. You can always opt-out of the bonus offers and simply deposit.
Deposit And Cashout
Common deposit methods include credit and debit cards as well as e-wallets like PayPal. You can likely cash out using PayPal, direct deposit, or in-person at a partnering casino cage.
Where Can I Bet On The World Series In Vegas?
Las Vegas is such a sports betting hub that its sportsbooks play a massive role in setting the odds for all others to follow.
You can bet on the World Series in Vegas at every one of the sportsbooks on the Strip. Westgate, Caesars, Wynn, Mirage, Venetian, you name it, they’ll take a wide variety of bets on the World Series.
You also don’t need to be a Nevada resident to play online in the state. You just need to be physically located within state lines. So you could stay in a Vegas hotel and bet on the World Series without ever leaving your room.
However, you do need to register in-person at the sportsbook of choice before you can bet online.
How World Series Bettings Odds Are Calculated
When you bet on the World Series in the US, you’ll likely be dealing with American Odds.
Simple Overview Of American Odds
Basically, the plus (+) number is how much you’ll win if you bet $100. The minus (-) number is how much you need to bet to win $100.
The more likely the bet is to be successful, the higher the minus number (and the lower the payout). The more unlikely a bet, the larger the plus number (and the higher the payout).
For example, let’s say the Yankees play the Dodgers in the 2021 World Series. For game one, the straight bet moneyline might be:
New York Yankees +150
Los Angeles Dodgers -125
If you bet $100 on the Yankees and they win the game, you’d win $150 and receive $250 ($100 of your wager plus the winnings).
If you bet $100 on the Los Angeles Dodgers, you’d win $80 and receive $180 (your wager plus winnings). But if you were to bet $125 on the Dodgers and they won, you’d win $125 and receive $225.
To manually calculate win potential for minus odds, you divide 100 by the number, then multiply the decimal by your bet. For the Dodgers line above, that would be 100/125 = 0.80, then 0.80 x $100 = $80.
For the plus odds, you’d divide the odds by 100. In the Yankees example, that would be 150/100 = 1.50, then 1.50 x $100 = $150.
You could also just use an online calculator. And most online sportsbooks will let you click the bet and type in any amount to see what the payout would be.
See our comprehensive guide to Sports Betting Odds for more information.
Off-Season Betting Odds For The World Series Breakdown
LA Dodgers
Oddsmakers across virtually every legal sportsbook have the Los Angeles Dodgers in place as the favorite to win the 2021 World Series.
The Dodgers expect to return a core of All-Stars including former MVP Mookie Betts, Cody Bellinger, Max Muncy, and Corey Seager on offense. Pitching greats like Clayton Kershaw, Trevor Bauer, and Walker Buehler are also on the team, which produced a league-best 43-17 regular-season record in 2020.
New York Yankees
The Yankees made their MLB-record 56th postseason appearance in 2020, going 33-27 and finishing 2nd in the AL East. New York advanced to the American League Division Series but lost to the Tampa Bay Rays in five games.
The Yankees pitching staff, anchored by All-Star Gerrit Cole, should return as an improved unit for 2021, as the Yankees often spend whatever money is necessary to bolster the roster in the offseason. New York’s powerful batting lineup, projected to bring back Aaron Judge, Luke Voit, and DJ LeMahieu, stands as one of MLB’s most intimidating offensive forces.
Atlanta Braves
The Braves held a three-games-to-one lead on the Dodgers in the 2020 National League Championship Series. The team saw its chances at a World Series appearance thwarted, however, as Los Angeles came back for three consecutive wins to clinch an improbable comeback.
Atlanta returns to the 2021 season as a strong contender for a championship in the eyes of legal sportsbooks. Pitching ace Max Fried comes back as the centerpiece of the Braves’ starting rotation.
Atlanta’s batting order includes offensive powerhouses like Freddie Freeman, Marcell Ozuna, and Adam Duvall. After finishing first in the NL East in 2020, the Braves look poised for a return to the postseason in 2021.
San Diego Padres
Perhaps the biggest surprise of the 2020 season, the San Diego Padres produced the second-best record in the National League. San Diego’s 37-23 regular-season finish trailed only the Dodgers for the best record in the NL.
The Padres made it to the playoffs for the first time since 2006, but a three-game sweep at the hands of the Dodgers ended the Padres season in the National League Division series.
The team returns the core of its power-hitting lineup for 2021, including Fernando Tatis Jr., Manny Machado, and Wil Myers.
Tampa Bay Rays
The Tampa Rays came up short of a World Series title, losing four games to two against the Dodgers in the final playoff battle of 2020. The roster in place could make the Rays a title contender for years to come, however.
The Rays 40-20 regular-season record stood as the top mark in the American League. Offensive stars Brandon Loew and Randy Arozarena return to anchor the Rays lineup, with Arozarena coming off a record-setting 2020 postseason.
Starting pitchers Blake Snell and Tyler Glasnow form the core of a starting rotation that should make the Rays strong contenders to return to the postseason in 2021.
MLB World Series Odds and Betting
Because baseball is such a popular sport in the US and worldwide, most MLB games have a good number of choices for betting. But the World Series brings the largest number of options, more than any other time of year.
MLB Moneyline Bets
The moneyline bet is also called a straight bet, and it’s the simplest bet you can make. Before the game begins, you bet on which team will win, and the number of runs doesn’t matter.
Run Line (Points Spread) Bets
In a run line, the number of runs does matter. You can either pick the underdog to win by any amount or lose within a specified number of runs, or you pick the favorite to win by a specified number of runs.
Series Bets
Rather than bet the moneyline on a single game, you can bet it on the series. This is a particularly hot bet when it’s the playoffs, and the World Series is the most popular Series Bet at the sportsbook.
MLB Totals (Over/Under Bets)
Rather than betting on a team or player, you can simply bet on the total number of runs scored by both teams combined. The sportsbook will set an amount, and you can bet that it will be over or under the bookmaker’s guess.
MLB Parlay Betting
A parlay is where you make multiple bets and receive a payout only if all bets are correct. Bettors choose to parlay to increase the overall winning potential.
What Is An MLB Futures Bet?
An MLB futures bet is placing a wager on a future event. Most commonly, this is who will win the NL and AL pennants as well as the World Series.
A futures bet can only be placed in advance. The more teams that are eliminated, the fewer the potential winners, and the fewer futures bets the sportsbook will take.
Bettors who have a good feeling about a specific team to win it all are best suited to place their futures bet early. If the lead-up to the playoffs has that team doing better and better, the odds will shift in the team’s favor, and the potential payout diminishes. The opposite is true for an early favorite. And therein lies the strategy for futures betting.
What Is A World Series Prop Bet?
A prop bet is a wager on an in-game outcome or a futures bet on a specific player.
For the World Series, this will include things like Over/Under bets on the first five innings, who will get a hit, and so on. Prop bets can vary dramatically between betting sites.
Prop bets from the 2020 World Series included interesting wagers like this parlay that USA Today sports betting expert “Johnny Parlay” booked for Game 2 and Game 6 on BetMGM.
The Game 2 bet set +425 odds on Tampa Bay’s Snell recording four or more strikeouts and the Dodgers’ Seager hitting a home run. The parlay paid off in Game 2, prompting the writer to make the same bet again for Snell’s next start in Game 6.
Snell struck out nine in Game 6, but Seager didn’t hit a home run.
MLB Prop Bets
MLB games in general will usually feature prop bets. You can bet on whether a batter will get a certain number of hits, a pitcher’s strikeouts, and who will hit a home run.
You can also place player prop bets on a future outcome. Examples include the Cy Young winner and Rookie of the Year.
At the end of the day, prop betting is only limited by what the sportsbook is willing to take bets on. You can also request that a sportsbook will create a line for you if you want to place an unlisted prop bet.
Betting Odds For The World Series FAQ
Yes, depending on where you’re located. Sports betting is legal in about two dozen states, although at different levels of acceptance. States like Colorado, New Jersey, and Pennsylvania are some of the easiest states to bet on the World Series. Michigan is in the process of launching online sports betting. A handful of states, including New York permit in-person sports betting at retail sportsbooks.
21. In most states, you need to be at least 21 years old to bet on the World Series. This applies to online and physical sportsbooks.
However, there are some exceptions. In Rhode Island, New Hampshire, Washington, D.C., and Oregon, the legal age is 18 and up because the single online sportsbook is run by the state lottery. Further, you can bet in-person if you’re 18 and up at some tribal sportsbooks in Michigan, New York, and elsewhere.
In most states, you can play Daily Fantasy Sports (DFS) if you’re 18 and up. All major DFS sites will have World Series events where you can win real money.
If you’re in a state where online sports betting is legal, you should have a few high-quality options for placing bets. The sites and apps with the best odds, promotions, and customer service include:
- BetRivers
- William Hill
- FanDuel Sportsbook
- DraftKings Sportsbook
- BetMGM
- PointsBet
- Bet365
The list goes on. The great thing about betting at a legal site is that you know you’re joining a legitimate sportsbook that will pay out promptly and feature fair terms and conditions. The same can’t be said for illegal sites.
Yes, if you bet at a legitimate and trusted online sportsbook site or app. However, if you live outside of a state where online sports betting is legal, placing a bet online can be unsafe.
Offshore sites that accept all US players no matter what state are breaking the law and people who bet at them technically are as well. While you likely won’t be prosecuted for placing a bet, you have no recourse if the site refuses to pay or hits you with unfair terms and conditions.
Yes. At legal online sportsbooks in the US, in-game betting (also known as live betting) is legal. That means you can place bets after the game begins, and place bets over the course of the game.
If you’re not able to bet at an online sportsbook, you’ll have to visit the physical sportsbook to place in-game bets. Otherwise, your only option is placing pre-game bets.
Los Angeles Dodgers. At most sportsbooks, the Dodgers are the frontrunner to win the World Series.
However, the New York Yankees, San Diego Padres, Atlanta Braves, and Chicago White Sox all stand as strong contenders according to the futures odds on the 2021 World Series.
Yes. The 2021 World Series will start on October 26. It will take place after a 162-game regular season and a return to the traditional 10-team playoff format.
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 now +350 at DraftKings Sportsbook to win it all again after landing reigning NL Cy Young Award winner Trevor Bauer in free agency.
The Yankees have the second lowest odds to win it all, coming in at +550. The Padres and Mets have made moves up the odds boards with big off-season acquisitions. San Diego was +1300 at DraftKings right after the World Series concluded but is now +800. The Mets were +3300 at DK right after the 2020 Fall Classic but are now +1000.
World Series odds 2021
MLB Futures Report (Feb. 26)
The Favorites
Los Angeles Dodgers (+350): The rich got richer on Feb. 5 with the signing of reigning NL Cy Young Award winner Trevor Bauer. Bauer will join a star-studded rotation that already features the likes of Walker Buehler and Clayton Kershaw.
New York Yankees (+550): The Yankees were outmaneuvered and out-managed in the ALDS by a Rays team that has the lowest payroll in baseball. They seem to be addressing those issues by turning to their farm system, and had no issues declining team options on veterans Brett Gardner and J.A. Happ. Losing flamethrowing reliever Tommy Kahnle could hurt their bullpen depth.
The Contenders
San Diego Padres (+800): The Padres front office continued its aggressive pursuit of a ring by trading for Yu Darvish and Blake Snell. They re-structured Mike Clevinger’s contract and retained promising LHP Matt Strahm, adding further depth to a rotation that will include Dinelson Lamet and Chris Paddack.
World Series Betting Predictions
Chicago White Sox (+850): The White Sox have a promising future, but might be a few years away from competing for a World Series title. Their odds jumped from +1500 to +1000 after a mildly successful offseason in which they acquired Adam Eaton and 33-year-old RHP Lance Lynn.
Atlanta Braves (+1000): The Braves were a hair away from their first World Series appearance since 1999 and might have added the missing piece by signing veteran ace Charlie Morton to a one-year-deal. With Ozzie Albies and Ronald Acuna Jr. leading a fearsome lineup, they’re justifiable favorites in the loaded NL East.
New York Mets (+1000): New Mets owner Steve Cohen wanted to make a splash and he did just that by trading promising prospects for Franciso Lindor and Carlos Carrasco. If their starters stay healthy, the Mets should have the best rotation in the Majors, with Carrasco following Jacob deGrom and Noah Syndergaard.
The Longshots
Minnesota Twins (+2000): Every year, the Twins put together a marvelous regular season, only to get smoked in the playoffs. Minnesota has lost 18 straight postseason games, but maybe this is the year they find success.
Oakland Athletics (+2200): If you’re searching for a team that could replicate Tampa’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.
Houston Astros (+2500): The Astros lost George Springer to the Blue Jays, and their cheating scandal is going to hurt their free agency prospects for some time.
Tampa Bay Rays (+2500): Behind an incredible bullpen and advanced defensive strategies, the Rays won 68.9% of their close games last season. Then Kevin Cash made a boneheaded move by playing the numbers and yanked ace Blake Snell too early in the deciding game of the World Series. Now Snell and Charlie Morton are gone.
St. Louis Cardinals (+2500): The Cardinals re-signed the heart and soul of their team, bringing Yadier Molina back on a 1-year deal.
Cincinnati Reds (+3300): These odds are too high considering Trevor Bauer basically carried the Reds into the playoffs during a shortened 2020 season and he rejected their qualifying offer.
Washington Nationals (+3300): Howie Kendrick retired, Ryan Zimmerman is back but Asdrubal Cabrera remains a free agent. The Nationals are a great buy-low candidate since they have a studly rotation, but they need to find more offense.
Philadelphia Phillies (+4000): The Phillies are addressed their brutal bullpen by bringing in former Rays reliever Jose Alvarado. They also re-signed J.T. Realmuto and Didi Gregorius.
Chicago Cubs (+4000): There is talk of the Cubs trading Kris Bryant in his contract year rather than losing him in free agency. That would be a sign of a potential rebuild rather than a team trying to win a title.
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.
World Series Betting Spreads
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 18 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?
World Series Betting Scandal
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.