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2021 World Series Odds: LA Dodgers Favored To Repeat

The 2021 MLB season is underway and after a small eight- to 10-game sample size, the Los Angeles Dodgers remain the betting favorites in MLB World Series odds.

The Dodgers are +325 betting favorites to win the 2021 World Series and be the first team to go back to back since the New York Yankees won three in a row from 1998 to 2000. The Dodgers are 8-2 SU through 10 games of the 2021 season with arguably the deepest roster in MLB, including reigning National League Cy Young winner Trevor Bauer, signed in the offseason as part of their stable of stud starting pitching.

Speaking of the Yankees, they’re next on the oddsboard at +600 in 2021 World Series odds and are 4-5 SU through nine games. The Yanks added starting pitcher Corey Kluber in an effort to retool in free agency but he was shelled in his first start in pinstripes.

The next team on the list in World Series odds is the San Diego Padres (+750), who may have had the busiest offseason of any MLB team by acquiring pitchers Yu Darvish, Blake Snell and Joe Musgrove to bolster their starting rotation. The Padres are 7-3 SU through 10 games and trail the Dodgers in the NL West Division.

Read our How To Bet On Baseball guide if you’re new to baseball betting or need a refresher, and make sure to keep track of the latest odds with MLB Futures.

Who Is The Favorite To Win 2021 World Series?

Los Angeles Dodgers+325
New York Yankees+600
San Diego Padres+750
Atlanta Braves+1100
Chicago White Sox+1200
New York Mets+1200
Minnesota Twins+1500
Houston Astros+1500
Toronto Blue Jays+1800
St. Louis Cardinals+2000
Los Angeles Angels+2500
Tampa Bay Rays+3300
Oakland Athletics+3500
Cincinnati Reds+3500
Philadelphia Phillies+3500
Chicago Cubs+4000
Washington Nationals+4500
Boston Red Sox+4500
Milwaukee Brewers+4500
Cleveland Indians+6600
San Francisco Giants+8000
Kansas City Royals+8000
Baltimore Orioles+8000
Miami Marlins+10000
Seattle Mariners+10000
Detroit Tigers+12500
Arizona Diamondbacks+15000
Texas Rangers+15000
Colorado Rockies+25000
Pittsburgh Pirates+30000

Odds as of April 12 at Bovada

Why Are The Los Angeles Dodgers Favored To Win The 2021 World Series?

Finally getting the monkey off their back and winning their first World Series since 1988, the Los Angeles Dodgers are primed for another run in 2021. Nearly all of their players returned, including veteran 3B Justin Turner, who has been on fire at the plate with a .378 batting average in 37 at-bats through 10 games.

Turner aside, it was the signing of starting pitcher Trevor Bauer that immediately stood out as the biggest move of the offseason as the Dodgers continued to flex their financial muscles. Bauer is fresh off winning the National League Cy Young and it can be argued he’s the Dodgers’ third-best starting pitcher. That’s because the starting staff is anchored by emerging ace Walker Buehler and the redeemed Clayton Kershaw. Add LHP David Price and young gun Dustin May and this rotation is scary.

The Bauer signing just shows the embarrassment of riches that Dodgers ownership possesses. Bauer would be an ace on 90 percent of MLB teams and is coming off a career year in 2020 with a 1.73 ERA in 11 starts for Cincinnati. However, through two starts with LA, he has a 4.15 ERA and has given up three home runs in 13 innings of work.

At +325 in World Series odds, it’s not the best value at this stage to take LA because there are a lot of unanswered questions about how the 2021 season will shape up. However, the one question we certainly have an answer to is which team has the best starting pitching. That answer is the Los Angeles Dodgers.

Yankees Retool for World Series Run

Although the New York Yankees struggled to close the 2020 regular season, don’t get it twisted – they’re still the best team in the American League. The Yankees obviously boast a daunting batting order for opposing pitchers with the likes of Aaron Judge, Giancarlo Stanton, DJ LeMahieu, Gleyber Torres, Gio Urshela, etc. The Yankees have enough power to field two batting lineups.

Their Achilles heel in 2020 was starting pitching. As great as Gerrit Cole is, he can only pitch every four or five days and it was a bit of a challenge for the Yanks to find a reliable second starter. Enter Corey Kluber.

Look, I’m not going to pretend Kluber is going to be Cy Young material again after being hurt for most of 2020 but he instantly becomes the second-best starting pitcher on the roster. And New York also swindled the Pirates by acquiring Jameson Taillon for peanuts; he’ll fit in as the third starter.

At this point, you know the Yankees are making the postseason so when betting on the Bronx Bombers in 2021 World Series odds, try to project who they may see in the playoffs. The Rays and Athletics all took a step back while the teams that could challenge them are the White Sox and Blue Jays. In a seven-game series against either of those clubs, the Yankees are the team to beat in the American League.

Will Padres Challenge Dodgers in National League?

The San Diego Padres were one of the more fun teams to watch on a game-to-game basis last season because their talent made it look like they were having fun and just happy to be there. Well, the fun is over because Padres management made some huge win-now moves by restocking the starting rotation with an eye on the 2021 World Series title.

The Padres have a solid batting order led by NL MVP candidates Manny Machado and Fernando Tatis Jr. The latter may be the most exciting player in the game today with his outstanding defense coupled with his ability to hit for power. The Padres were left holding their breath when he went down clutching his shoulder but they’re breathing easier now with the news he is expected to return to the lineup next week.

The newly acquired pitching trio of Yu Darvish, Blake Snell and Joe Musgrove have the ability to shut down opposing batting orders, especially in pitcher-friendly Petco Park. Musgrove in particular has already shown through two starts that he was a worthy investment: he shut out the Diamondbacks over six innings in his first start and then tossed the first no-hitter in Padres franchise history vs the Rangers.

If Musgrove and the rest of the starters can be 80 percent of the pitchers they were last season, the Padres may end up having the best record in MLB by the conclusion of the season.

What is a Futures Bet on World Series Odds?

When you visit your sportsbook of choice, you’ll see an option to bet on which team will win the World Series. This kind of bet is a futures wager, which means you’re betting on events that will happen in time. Oddsmakers release action on the Fall Classic before the season starts and adjust the lines as teams surge and stumble in the standings.

You would see odds listed like this:

  • Los Angeles Dodgers +375
  • New York Yankees +375
  • Houston Astros +1200
  • Atlanta Braves +1200
  • Minnesota Twins +1500

Unlike a moneyline bet, where there would be a clear favorite and underdog, the team with the lowest odds is the closest thing to a fave. In this case, it’s the Dodgers and Yankees. The team with the highest odds would be the closest thing to a dog. Here, it’s the Twins.

If you were to bet $100 on the Twins at the beginning of the season and they won the World Series, you’d get a payout of $1,600 – your original $100 is returned, along with your winnings of $1,500. On the other hand, the same bet amount on the Dodgers would give you a payout of $475 – you get your $100 back, plus your loot of $375.

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

The earlier you can make a futures bet the better, because you’ll see higher returns since World Series odds ebb and flow depending on a team’s overall performance, injuries to key staff, and how they stack up against the rest of their division.

However, you’ll need to handicap your bets accordingly. Luckily, we’ve got you covered with everything baseball: