The Dodgers have been a strong runline bet recently

2024 World Series Odds: Dodgers Increase Chalk Over Braves

The World Series odds are no joke this year. And while the birds are chirping and spring is here, a more sinister hunt to rule MLB is ramping up. There are lots of contenders in 2024, too.

Thanks to a glorious offseason that saw the Dodgers sign Shohei Ohtani and Yoshinobu Yamamoto, Los Angeles is favored in the World Series odds. After the Dodgers, the Braves, Yankees, and Astros are next in the odds to win it all.

Who Is Favored To Win The 2024 World Series?

Odds To Win MLB - World Series 2024
TeamOdds
LA Dodgers+325
Atlanta Braves+475
NY Yankees+600
Baltimore Orioles+850
Philadelphia Phillies+850
Houston Astros+1200
Seattle Mariners+1600
Texas Rangers+2000
Cleveland Guardians+2500
Chi Cubs+3300
Kansas City Royals+3300
Milwaukee Brewers+3300
Minnesota Twins+3300
San Diego Padres+4000
Arizona Diamondbacks+5000
Tampa Bay Rays+5000
San Francisco Giants+5500
Toronto Blue Jays+6000
Detroit Tigers+8000
NY Mets+10000
St. Louis Cardinals+10000
Boston Red Sox+12500
Cincinnati Reds+12500
Pittsburgh Pirates+25000
LA Angels+40000
Oakland Athletics+50000
Washington Nationals+50000
Miami Marlins+100000
Chi White Sox+150000
Colorado Rockies+150000

Odds as of May 24th, 2024 04:11am EDT.

Why The Dodgers Hold Top Spot In World Series Odds

Shohei. Ohtani. There's your answer. The Dodgers were already a contender for the '24 World Series, then they signed Ohtani, the most coveted free agent in MLB history. The sportsbooks loved that (shocker!), and the Dodgers are favored.

Picture Ohtani in a lineup featuring Mookie Betts and Freddie Freeman. There's a chance they just crush their way to a 'chip on offense alone. And, in the early goings, the hit parade has begun. Betts is the early chalk to win NL MVP, so expect L.A. to coast to an NL West title and beyond.

Why The Braves Can Win the 2024 World Series

Atlanta was dominant during the '23 regular season, bashing its way to a 104-58 record. The playoffs weren't as kind to the Braves, but there's little doubt in this club's talent for the next several years.

With all their star players under contract, the Braves will be ready to rock again in 2024, boasting a lineup featuring NL MVP Ronald Acuna, Matt Olson, Austin Riley, Ozzie Albies, Sean Murphy, and Marcell Ozuna.

If there's any downside, it's that Atlanta's ace Spencer Strider suffered a UCL sprain early in the season. With no timeline for his return, other Braves starters, such as Max Fried and Chris Sale, must step up. Yet even with a few key pieces on the injured list, Atlanta has shown no signs of slowing.

Expect the Braves to be big-time contenders in October yet again.

2024 World Series Value Bets

Philadelphia Phillies: Always a contender

The Phils always seem to be in the thick of every World Series race. In 2023, Bryce Harper and Kyle Schwarber seemed destined to slug Philadelphia into the Fall Classic, until the Arizona Diamondbacks surged from behind to knock off Philly in a seven-game NLCS.

But like the Braves, the Phillies didn't cough up too much in free agency and freely ran it back for the '24 season. Zack Wheeler is the NL Cy Young chalk, while Aaron Nola has recovered from a bumpy few starts to even out his sexy numbers.

There's a runway for a futures bet on the Phils at a middle-of-the-pack price.

Baltimore Orioles: Will It all come together?

The O's put everyone on notice with a 101-win season in 2023. Unfortunately, Baltimore contrasted that with an immediate playoff sweep at the hands of the Texas Rangers.

The Dirty Birds returned to the drawing board and armed themselves with some added firepower for 2024. Former Cy Young winner Corbin Burnes now leads their rotation, while Craig Kimbrel will anchor the back end with Felix Bautista on the shelf due to injury.

And the rookies. Oh, the rookies! Colton Cowser is crushing baseballs, prompting his move to the top spot in the AL ROTY odds board. Beyond Cowser, the Orioles also have Jackson Holliday, Heston Kjerstad, and Coby Mayo waiting in the wings.

All told the O's are a strong World Series pick, but it'd be wise to get on this futures bet now before the value shrinks.

Betting Strategy for World Series Futures

Evidence suggests waiting before placing World Series futures bets, but if you are keen on a pre-season wager, don't go with the chalk. In the last 10 seasons, only two pre-season favorites (the 2020 Dodgers and 2016 Cubs) have gone on to win the championship.

A middle-of-the-pack sweet spot has formed over the last decade or so. Four clubs (the 2017 Astros, the 2018 Red Sox, the 2021 Braves, and the 2022 Astros) all began their respective seasons with World Series odds between +1000 and +1200. I'd turn to those ranges for a pre-season bet in 2024.

Last 10 World Series Champions

Last 10 World Series Champions
YearWorld Series WinnerOpening Day Odds
2023Texas Rangers+3200
2022Houston Astros+1000
2021Atlanta Braves+1000
2020Los Angeles Dodgers+385
2019Washington Nationals+1600
2018Boston Red Sox+1150
2017Houston Astros+1175
2016Chicago Cubs+660
2015Kansas City Royals+3300
2014San Francisco Giants+2500
2013Boston Red Sox+2800

The biggest long shot to win the World Series in the last decade was the 2015 Kansas City Royals. The '23 Rangers weren't far behind either, with +3200 odds to win the championship.

The Royals were coming off a season in which they dominated all the way to the World Series (not losing a single playoff game on the AL side of the bracket) and then pushed the eventual champion Giants to seven games for the title. However, they weren’t getting much respect in preseason odds the next year as KC’s +3300 Opening Day odds to win the title placed the team 17th on the board at the time.

MLB Teams with the Most World Series Titles

Teams with the Most World Series Titles
TeamNumber of World Series TitlesMost Recent World Series Title
New York Yankees272009
St. Louis Cardinals112011
Oakland/Philadelphia Athletics91989
Boston Red Sox92018
San Francisco Giants82014

The New York Yankees have won the most World Series in MLB history. However, it's been a while since the Bronx Bombers added to their total. The Yankees last won a World Series in 2009, defeating the Phillies in six games.

MLB Teams That Have Never Won a World Series

Teams That Have Never Won A World Series
TeamHighest Finish
Colorado RockiesWorld Series (2007)
Milwaukee BrewersWorld Series (1982)
San Diego PadresWorld Series (1998)
Seattle MarinersALCS (2001)
Tampa Bay RaysWorld Series (2020)

Five MLB franchises have yet to win a World Series. The Seattle Mariners are the only team that’s never even been to a World Series final despite having some of the league’s best-ever players like Ken Griffey Jr., Edgar Martinez, and Ichiro Suzuki.

World Series Betting Trends

  • Eight Wild Card teams have gone on to win the World Series (15 have made it)
  • Nine teams in MLB history have made a manager change midseason and gone on to make the World Series (including the 2022 Phillies)
  • Seven of the last 10 World Series have gone at least six games
  • There has been only one World Series sweep since 2010.
  • No league (AL or NL) has won more than four World Series in a row since 1979-1982

MLB World Series Futures FAQ

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