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2020 World Series Odds: Dodgers and Yankees Co-Faves With Spring Training In Full Swing

World Series Betting Odds March 01

Players have reported for spring training and the rich MLB teams seem to keep getting richer in their attempt to win the World Series.

The Los Angeles Dodgers and New York Yankees were the big shoppers in the MLB offseason and sit as +350 co-favorites to win the 2020 World Series. The Dodgers were able to acquire former MVP Mookie Betts and pitcher David Price from the Boston Red Sox, while the Yankees made their own splash by signing elite pitcher Gerrit Cole to a massive contract.

The next team on the oddsboard that just can’t seem to get out of the headlines is the Houston Astros at +700. The fallout from the sign-stealing scandal doesn’t seem to be going away any time soon, with a number of rival MLB players having an opinion on the cheating and the tainted 2017 World Series title. Props are also out now on how many times Astros players will get beaned during the regular season.

After the Astros, the odds jump significantly, with the next team being the Atlanta Braves at +1400. Following the Braves are the Washington Nationals (+1600), Minnesota Twins (+2000), New York Mets (+2000), Philadelphia Phillies (+2000), St. Louis Cardinals (+2000) and Tampa Bay Rays (+2200) to round out the top teams listed at online sportsbook  Bovada.

Flip A Coin Between Yankees and Dodgers

Before the massive Dodgers-Red Sox trade, it wasn’t much of a debate why the New York Yankees were the World Series favorite. But now it’s worth a conversation to say the Yankees will be challenged by the Los Angeles Dodgers.

New York signed free-agent ace Gerrit Cole to be a needle-mover in the Bronx and he’s coming off a career year in which he had his lowest ERA (2.50), most strikeouts (326) and most innings (212.1). This all led to him finishing second in the AL Cy Young voting, four votes shy of his teammate and future Hall of Famer Justin Verlander.

Adding Cole to an already stacked roster that had the third-best record in MLB a year ago feels a little Golden State Warriors-ish but that’s the Yankees for you. They are pegged to have the most wins this season with their OVER/UNDER at 102.5 wins.

As for the Dodgers, they now have a batting order that is unmatched in the National League with the acquisition of Mookie Betts. The Dodgers offense ranked in the top five last season in home runs, RBIs and OPS but it’s the pitching staff that may be most feared by opponents.

The Los Angeles starting rotation boasts Clayton Kershaw, Walker Buehler, David Price and two young arms in Julio Urias and Dustin May. The Dodgers are never a team content to stand pat and with more attractive prospects in their farm system, they could bolster their roster even more if they see deficiencies through the season.

At this point, I lean to the Yankees to be the last team standing but I can’t really knock someone for picking the Dodgers instead.

Where’s the Value Bet?

Before the Dodgers upset the apple cart, Scott Hastings had a few betting options outside of the favored Yankees and Dodgers that he liked as dark-horse picks and those are the Chicago White Sox at +2500 and the Philadelphia Phillies at +2000.

The White Sox struggled to launch the ball over the fence in 2019, hitting the sixth-fewest home runs in the majors, but they have brought in slugger Edwin Encarnacion and catcher Yasmani Grandal, who combined for 62 homers last season. Additionally, the South Siders’ rotation should get a boost with the signings of Dallas Keuchel and Gio Gonzalez. Lastly, highly touted starting pitching prospect Michael Kopech should get the call-up from Triple-A at some point in the season to help out.

There was a lot of hype behind the Phillies heading into the 2019 campaign after they landed perhaps the biggest free agent on the market in Bryce Harper. They battled a myriad of injuries and struggled to find their footing all year. The Phillies brought in shortstop Didi Gregorius through free agency to help bolster the middle of their infield, with Jean Segura moving to second base, and Zack Wheeler was added to a rotation led by ace Aaron Nola. If this team can jell in 2020, they can be a true World Series contender.

Here’s a look at the full list of odds to win the 2020 World Series:

Odds to Win the 2020 World Series
New York Yankees+350
Los Angeles Dodgers+350
Houston Astros+700
Atlanta Braves+1400
Washington Nationals+1600
Minnesota Twins+2000
New York Mets+2000
Philadelphia Phillies+2000
St. Louis Cardinals+2000
Tampa Bay Rays+2200
Chicago Cubs+2500
Chicago White Sox+2500
Cincinnati Reds+2500
Los Angeles Angels+2500
Cleveland Indians+2800
Milwaukee Brewers+2800
Boston Red Sox+3000
Oakland Athletics+3000
San Diego Padres+4000
Arizona Diamondbacks+5000
Texas Rangers+8000
Toronto Blue Jays+9000
Colorado Rockies+15000
San Francisco Giants+20000
Pittsburgh Pirates+25000
Seattle Mariners+30000
Baltimore Orioles+150000
Detroit Tigers+150000
Kansas City Royals+150000
Miami Marlins 

Odds as of March 1 at Bovada

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 from April to October as teams surge and stumble in the standings.

You would see odds listed like this:

  • Houston Astros +200
  • Los Angeles Dodgers +250
  • New York Yankees +400
  • Atlanta Braves +550
  • St. Louis Cardinals +700

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 Astros. The team with the highest odds would be the closest thing to a dog. Here, it’s the Cards.

If you were to bet $50 on St. Louis at the beginning of the season and they won the World Series, you’d get a payout of $400 – your original $50 is returned, along with your winnings of $350. On the other hand, a bet on Houston would give you a payout of $150 – you get your $50 back, plus your loot of $100. 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: