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Odds to Win the AL East: Yankees Locked In As Fave

AL East Betting Odds February 12 2020

Major League Baseball is finally just around the corner and while the offseason was grueling due to COVID-19 and some strained labor negotiations, one thing that’s clear is the New York Yankees seem destined to take another American League East Division crown.

The Yankees amped up their efforts in the arms race by nabbing ace pitcher Gerrit Cole with a record contract and are now sitting as -270 favorites to win their division in back-to-back years, according to the best baseball betting sites.

The 2020 regular season will be a bit different this time around as MLB teams will play 10 games each against their four divisional opponents and five games each against their regional counterparts in the other league. For a 60-game season, this means you may need to alter your betting approach and Joe Osborne has some great tips for betting a shortened MLB season.

Before we offer some betting analysis on each team and how they could win the AL East Division, here are some key links to bookmark for your baseball betting:

MLB Futures MLB Win Totals | Odds To Make Playoffs | MVP Odds | Cy Young Odds | How To Bet On Baseball

Odds to win the 2020 American League East
TeamOdds
New York Yankees-270
Tampa Bay Rays+280
Boston Red Sox+1200
Toronto Blue Jays+2800
Baltimore Orioles+25000

Odds as of July 13 at Bovada

New York Yankees (-270)

The New York Yankees look like they have a cakewalk to the AL East title. The Yankees boast a batting order that has studs up and down the lineup that most teams would kill to have. Sluggers like Aaron Judge, Giancarlo Stanton, Gleyber Torres, Gary Sanchez and Gio Urshela are just some of the bats the Yanks can throw at opposing pitchers in their pursuit of another championship.

Then there’s the starting rotation that can now lean on Gerrit Cole to go with Masahiro Tanaka, JA Happ and James Paxton while rolling out a bullpen that has Adam Ottavino, Zach Britton and Aroldis Chapman. Even on the days when the Yankees struggle to put runs on the board, now they don’t have to rely solely on outscoring opposing teams as they did in 2019, when they were second in the AL in run differential (+204).

At this point, it is reckless to throw big bucks on the Yankees to win the division at -270 odds with an unpredictable season still to play, but attrition doesn’t seem to weigh this team down. Last year’s squad lost 2,336 man-games to injury and still won 103 games.

New York Yankees 2020 Futures Odds
AL East OddsWorld Series OddsWin Total
-270+37537.5

Odds as of July 13 at Bovada

Tampa Bay Rays (+280)

The Tampa Bay Rays are the MLB equivalent of “The Little Engine That Could.” They spend nearly no money in free agency, pick up castoff utility players who overachieve and are one of the best teams at employing the “opener” strategy with the bullpen going for a full game.

On paper, there isn’t a hitter that necessarily strikes fear into opposing pitchers but that batting order chips in across the board – five players hit 20 or more home runs a year ago – and the solid fielding defense keeps them in games. The Rays ranked 10th in errors and fourth in putouts in 2019.

Then there’s the pitching staff that had a collective 3.65 ERA despite the regression of ace lefty Blake Snell after he won the Cy Young in 2018. Tampa Bay’s pitchers ranked in the top five in strikeouts, ERA, opponent batting average and saves.

The Rays do everything above average, which means they’ll be in contention. But it’s hard to endorse a Moneyball-style team to win the division when they share it with a Yankees squad that has so much depth and talent to overcome short-term injuries.

Tampa Bay Rays 2020 Futures Odds
AL East OddsWorld Series OddsWin Total
+280+160034

Odds as of July 13 at Bovada

Boston Red Sox (+1200)

If I had to pick a team to somehow upset the Yankees, it would be the Boston Red Sox, even though they engineered one of the most horrendous transactions I’ve ever seen. Trading away Mookie Betts is a reprehensible act by a team that essentially prints money and made record revenues over the last five seasons. The former MVP was shipped off to the Dodgers along with LHP David Price and now the Red Sox have to pick up the pieces.

Now, it’s time for the Red Sox to show that their cost-cutting didn’t completely neuter the franchise because, on paper, they still have three players who are game-changers. J.D. Martinez, Xander Bogaerts and Rafael Devers each had over 30 home runs and 100 RBIs and Alex Verdugo, the main prospect from the Betts trade, has pop in his bat and is supposed to be the starting RF.

Where this gets tricky is the starting rotation and, really, the entire pitching staff. Ace Chris Sale is out for 2020 after Tommy John surgery and Boston has to rely on the likes of Martin Perez and Nathan Eovaldi to fill the void. Not to mention the Red Sox bullpen led MLB with 31 blown saves last season. This would be the only team you could take seriously to contend with the Yankees but they’ve subtracted so much talent, it would take a miracle to usurp the Yanks.

Boston Red Sox 2020 Futures Odds
AL East OddsWorld Series OddsWin Total
+1200+500030.5

Odds as of July 13 at Bovada

Toronto Blue Jays (+2800)

You ever hear the expression “two years away from two years away”? Well, that fits the Toronto Blue Jays to a T. The young gun trio of Vladimir Guerrero Jr., Bo Bichette and Cavan Biggio should be a force for years to come but, unfortunately, the supporting cast may take a while to catch up. Sure, players like Randal Grichuk and Teoscar Hernandez may have some bright moments but they’re career .240 hitters despite combining for 61 home runs last season.

The pitching staff is what got the major overhaul with the Jays spending big bucks on Hyun-Jin Ryu and adding Tanner Roark and Chase Anderson. Crazier things have happened in MLB but the reality is the Jays are simply overmatched compared to the three teams ahead of them on the oddsboard.

Toronto Blue Jays 2020 Futures Odds
AL East OddsWorld Series OddsWin Total
+2800+660028

Odds as of July 13 at Bovada

Baltimore Orioles (+25000)

I won’t spend too much time on the Orioles because one glance at the roster and it looks like management didn’t spend much time on it either. The Orioles have won just 102 games over the last two seasons while being a doormat for nearly every team in the AL.

There’s a reason why they have +25000 odds to win the division and are at the bottom of the league in projected win totals. FADE!

Baltimore Orioles 2020 Futures Odds
AL East OddsWorld Series OddsWin Total
+25000+3000020.5

Odds as of July 13 at Bovada


What is a Futures Bet on AL East Odds?

When you decide to bet on the American League East odds for Major League Baseball, you’ll see an option to bet on which team will win the division. Since you’re betting on events that will happen in the near future, this is called a Futures Bet.

At your sportsbook, you would see AL East odds listed like this:

  • New York Yankees -270
  • Tampa Bay Rays +280
  • Boston Red Sox +1200
  • Toronto Blue Jays +2800
  • Baltimore Orioles +25000

Similar to a moneyline bet, the clear favorite is indicated by the minus odds symbol (-) and the rest of the teams listed are considered underdogs.

If you were to bet $100 on the Rays at the beginning of the season and they win the AL East Division, you’d get a payout of $380 – your original $100 is returned, along with your winnings of $280. On the other hand, the same bet amount on the Blue Jays would give you a payout of $2,900 – you get your $100 back, plus your profit of $2,800.

Our Odds Calculator can help you determine how much you’d pocket depending on the odds and the amount bet.