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2020 World Series Odds: Yankees Are Faves In Early Part Of Season

World Series 2020 Betting Odds August 4, 2020 Aaron Judge running home after a home run

We’re just over two weeks into the abbreviated 2020 MLB season and the New York Yankees remain the betting favorite to win the World Series.

The Yankees, leading the AL East at 9-3 SU through 12 games, sit at +350 at the best baseball betting sites to win the Fall Classic. The Los Angeles Dodgers, who are 9-4 SU through 13 games, are the next team on the oddsboard at +375 and were the preseason World Series co-favorites with the Yankees.

Before we get into odds observations and the teams that have seen the biggest rise or fall on the oddsboard, 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

Now, here are the full odds for all 30 MLB teams to win the 2020 World Series:

Odds to Win the 2020 World Series
New York Yankees+350
Los Angeles Dodgers+375
Houston Astros+1100
Atlanta Braves+1200
Minnesota Twins+1200
Tampa Bay Rays+1600
Chicago Cubs+1600
Oakland Athletics+2000
Washington Nationals+2000
Cleveland Indians+2000
Cincinnati Reds+2500
Chicago White Sox+2500
San Diego Padres+2500
St. Louis Cardinals+2800
New York Mets+3000
Philadelphia Phillies+3000
Milwaukee Brewers+3500
Los Angeles Angels+4000
Toronto Blue Jays+5000
Boston Red Sox+6000
Arizona Diamondbacks+6000
Texas Rangers+8000
Colorado Rockies+8000
San Francisco Giants+15000
Seattle Mariners+20000
Detroit Tigers+20000
Miami Marlins+20000
Kansas City Royals+25000
Pittsburgh Pirates+30000
Baltimore Orioles+30000

Odds as of August 7 at Bovada

Why The Yankees Remain The Favorite

Ranking third in runs scored per game while also leading MLB in home runs per game, the New York Yankees have hardly missed a beat since the start of the season. They have a comfortable lead in the AL East standings at 9-3 SU but finally had their first bump in the road, dropping two games to the Philadelphia Phillies.

The offensive output is nothing new for the Yankees as they’ve routinely led MLB in the sexy hitting categories in recent seasons but the pitching this season has employed a bend-don’t-break approach. The Yankees rotation is doing just enough to get by even if the staff only has two quality starts for the entire season. I’m sure you guessed it. Both starts were by ace Gerrit Cole, who has been stellar with a 2.55 ERA and a stunning 0.79 WHIP.

Then there’s Aaron Judge, who could be in line for his first AL MVP Award, smashing dingers like he’s chasing the all-time home run record. Judge has seven homers (first in MLB) through 12 games and in one stretch hit one in five straight.

At this point, it’s hard to make a case betting against the Yankees, especially considering they’re 8-4 against the runline so far (all as a favorite). If you think the Bronx Bombers will win it all, +350 odds might be the best you’re going to get until the postseason and even then, it would only be if New York is trailing in a playoff series.

COVID-19 Holding Some Teams Back

When the 2020 MLB season was on the brink back in early June and a new agreement between players and owners was finalized, the idea of a bubble similar to those of the NBA and NHL was shot down by both parties. Well, it’s too early to determine if that was a mistake, but so far a few MLB teams have made it difficult to justify traveling from city to city during a pandemic.

Three teams – the Miami Marlins, Philadelphia Phillies and St. Louis Cardinals – have all had multiple games postponed in an effort to curb the spread of the virus and that could be troublesome for their postseason chances. The majority of games that were postponed are now being rescheduled in doubleheaders with MLB also deciding to restrict doubleheader games to only seven innings.

The ripple effect of a team having COVID-19 cases has led to a lot of postponements with 11 teams having yet to play more than 10 games. For example, here’s the number of games postponed for each of the Cardinals, Marlins and Phillies so far:

  • Miami Marlins: 10 games postponed. Seven games played.
  • Philadelphia Phillies: 12 games postponed. Seven games played. 
  • St. Louis Cardinals: Nine games postponed. Five games played.

Early Risers and Fallers for World Series Odds

In a 60-game season, oddsmakers are likely going to swing World Series odds quite frequently for teams in the middle of the pack. A three-game winning (or losing) streak essentially represents five percent of the season, so every game matters. Here are some of the notable teams with odds movement through the early part of the season:

Chicago Cubs: +2500 to +1600 

Sitting at 10-3 through 13 games with a three-game lead over the Brewers in the NL Central, the Chicago Cubs have seen some steam to their odds. At +1600, they have the third-best odds in the NL to win the World Series and have been excellent at Wrigley Field at 7-1 SU.

The offense will likely catch up as the Cubs are only hitting .238 as a team but are seventh in total runs scored. With teams like the Cardinals and Reds struggling, the Cubs look like the second-best team in the NL right now.

San Diego Padres: +3000 to +2500

This might not seem like a massive jump compared to the Cubs but anyone who watches baseball knows the Padres have a different look and feel to them in 2020. Their offense has been outstanding through 13 games, scoring 72 runs and ranking fifth in MLB in OPS.

Sharing a division with the Dodgers is likely why San Diego’s odds may take some time to lower, so now might be the best time to grab the Padres (7-6 SU) if you think they’ll continue this solid start.

Los Angeles Angels: +3000 to +4000

Another MLB season, another year where the Angels look like they’re falling short of expectations. Los Angeles is a woeful 5-8 SU through 13 games and it’s the pitching that’s doing the Halos in. The Angels staff currently ranks in the bottom 10 in hits allowed, runs allowed and opponent batting average.

That’s not going to do reigning MVP Mike Trout any favors because even though two teams will get in the postseason per division, they may not have a chance to catch Houston or Oakland in the AL West. I know a sinking ship when I see one and the Angels are the Titanic.

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: