The favorite to win the 2020 World Series seems to be changing daily as every game is impacting the MLB betting markets. As of Sunday morning, the Tampa Bay Rays are now the favorite in World Series odds.
The Rays held off an improbable comeback from the Houston Astros and now are +115 faves to win their first World Series in franchise history. The Rays almost didn’t make it to the Fall Classic after nearly blowing a 3-0 American League Championship Series lead when the Astros stormed back to force a do-or-die Game 7 on Saturday. This is the Rays’ first World Series appearance since 2008 and now they await the winner from another Game 7 in the NL.
The two teams remaining in the National League are the Atlanta Braves and Los Angeles Dodgers and after the Braves took a 3-1 LCS series lead, the Dodgers have forced a pivotal Game 7. The Braves were as low at +140 to win the World Series after Game 4 but have dropped to +325.
The Dodgers, on the other hand, looked dead in the water after a Game 4 drubbing by the Braves but the best baseball betting sites still believed in the LA’s chances as the Dodgers never dropped below +340 to win it all. Los Angeles is currently tabbed at +160 for World Series odds and will play Game 7 tonight at Globe Life Park in Arlington.
With only three MLB teams remaining in contention, there’s a great opportunity to bet on MLB Series Prices odds with the new playoff format, so check out those odds to find some betting angles and additional series props.
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.
Now, here are the betting odds for the teams remaining in contention to win the 2020 World Series:
Odds To Win 2020 World Series
|Team||American Odds||Fractional Odds|
|Tampa Bay Rays||+115||23/20|
|Los Angeles Dodgers||+160||8/5|
Odds as of October 17 at Bovada
How The 2020 MLB Playoffs Work
Unlike past postseasons in MLB, there are a lot of changes in 2020 that bettors need to know about before locking in their World Series bets. With 16 teams, bubbles and the World Series being played at only one ballpark, it’s a lot to take in, so read below to get yourself up to speed:
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:
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: