2020 World Series Odds: Rays Faves After Ousting Astros, Await Winner of NLCS

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
Atlanta Braves +325 13/4

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:

  • How many MLB teams are in the 2020 playoffs? There are 16 teams in the playoffs, eight from the American League and eight from the National League the top two teams from each division and two wild-card teams from each league.
  • What is the 2020 MLB playoff format? The playoffs will open with all 16 teams playing in best-of-three wild-card round series. The higher-seeded team will host all three games in the wild-card series. The winners advance to best-of-five division series, followed by the best-of-seven League Championship Series and World Series.
  • Which baseball fields will they use for the MLB playoffs? In the wild-card round, the team with the higher seed will host all three games in the best-of-three series. For the division series, MLB will implement a bubble environment at four ballparks with those series being played at Petco Park in San Diego, Dodger Stadium in Los Angeles, Globe Life Field in Arlington and Minute Maid Park in Houston. Petco Park will host the ALCS and Globe Life Field the NLCS and the World Series.​
  • What are the dates for each MLB playoff round?​ The playoffs get underway on September 29 and are expected to conclude by October 28. The wild-card rounds will take place from September 29 to October 2, the division rounds from October 5 to October 10, the League Championship Series from October 11 to October 18 and the World Series from October 20 to October 28.​
  • Will teams be re-seeded through the MLB playoffs?​ No, teams will play in a tournament-style bracket in bubble environments that have been created by MLB to limit travel and potential spread of COVID-19.
  • Will MLB roster sizes remain the same? Yes, rosters will remain at 28 players and ball clubs can continue to choose to have up to five players on a taxi squad.

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:

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