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MLB Futures Betting Odds

 

The 2020 MLB Playoffs will begin on Tuesday Sept. 29 and due to the shortened season, the league has expanded this year's postseason to 16 teams.

The field of 16 will be cut down to eight in the Wild Card round and teams will play a best-of-three series at the home ballpark of the higher seed.

After those series finalize, the remaining playoff games will be played in neutral-site bubble from Los Angeles, San Diego, Houston and Arlington.

Wild Card Series Odds

American League Matchups

  • No. 1 Tampa Bay Rays (-215) vs. No. 8 Toronto Blue Jays (+185)
  • No. 2 Oakland Athletics (-135) vs. No. 7 Chicago White Sox (+115)
  • No. 3 Minnesota Twins (-130) vs. No. 6 Houston Astros (+110)
  • No. 4 Cleveland Indians (+105) vs. No. 5 New York Yankees (-125)

National League Matchups

  • No. 1 Los Angeles Dodgers (-320) vs. No. 8 Milwaukee Brewers (+260)
  • No. 2 Atlanta Braves (-125) vs. No. 7 Cincinnati Reds (+105)
  • No. 3 Chicago Cubs (-190) vs. No. 6 Miami Marlins (+160)
  • No. 4 San Diego Padres (-190) vs. No. 5 St. Louis Cardinals (+160)

2020 World Series Odds

Odds To Win 2020 MLB World Series (10/1/2020)
Team American Fractional
Los Angeles Dodgers +280 14/5
Tampa Bay Rays +340 17/5
New York Yankees +350 7/2
Atlanta Braves +950 19/2
Houston Astros +1200 12/1
Oakland Athletics +1600 16/1
Chicago White Sox +1700 17/1
San Diego Padres +2400 24/1
St. Louis Cardinals +2600 26/1
Miami Marlins +2800 28/1
Chicago Cubs +3700 37/1
Cincinnati Reds +4500 45/1
Milwaukee Brewers +7000 70/1

2020 American League Pennant Odds

Odds To Win 2020 MLB American League Pennant (10/1/2020)
Team American Fractional
Tampa Bay Rays +220 11/5
New York Yankees +220 11/5
Houston Astros +280 14/5
Oakland Athletics +700 7/1
Chicago White Sox +850 17/2

2020 National League Pennant Odds

Odds To Win 2020 National League Pennant (10/1/2020)
Team American Fractional
Los Angeles Dodgers -105 20/21
Atlanta Brave +420 21/5
San Diego Padres +750 15/2
Miami Marlins +1100 11/1
St. Louis Cardinals +1100 11/1
Chicago Cubs +1300 13/1
Cincinnati Reds +2100 21/1
Milwaukee Brewers +3800 38/1

Updated Thu, Oct. 1, 8:45 AM ET - Consensus Odds Provided by VI - Subject to Change

How to Bet on MLB Futures

The “Odds to Win” wager in pro baseball is also commonly referred to as a future odds wager. Bettors must correctly select a team to win an event that takes place a later time than the current day. The money wagered will be tied up until there is an outcome and bettors will receive fixed odds when they place the wager.

The Major League Baseball (MLB) Futures market is available on a 12-month basis and the future odds are normally updated on a weekly basis at betting shops in Las Vegas and globally in the United States. Bettors can place wagers on the event in both the offseason, regular season and postseason. With so many things to bet on during the MLB, see VegasInsider's verified legal sportsbooks in the United States for more information on where you can place your bets.

The most popular MLB Futures wager is on the World Series. There are currently 30 teams in MLB, divided equally into two leagues – the American and National. Each of those leagues have a champion and they meet in the World Series, which is a best-of-seven series. The first team to win four games is declared your World Series winner and MLB Futures winner.

2020 World Series Odds to Win

There are several good bets to win the MLB Playoffs in 2020. The current odds on who will win the World Series are:

  • Los Angeles Dodgers: +350
  • Tampa Bay Rays: +700
  • New York Yankees: +750
  • Minnesota Twins: +1000
  • Oakland Athletics: +1000
  • San Diego Padres: +1000
  • Atlanta Braves: +1200
  • Chicago White Sox: +1500

World Series Odds

The MLB World Series is usually scheduled for the third week of October and has often been referred to as the “Fall Classic.” The World Series Futures Odds for each season are made available quickly at the majority of sportsbooks at the conclusion of the previous campaign. Some sports betting operators even release the future season odds while the current MLB playoffs have not yet concluded.

Since the MLB regular season is the longest of all four major sports, bookmakers don’t make one team a decisive favorite over another prior to the season. You’ll usually see three to four teams have World Series Odds listed below 10/1 (Bet $100 to win $1,000).

The majority of the MLB teams will have future odds between 20/1 and 100/1 before the numbers begin to drop off. Unfortunately for some fans, there are teams with World Series Odds listed as high as 1000/1 to win the future event.

How do I bet on the World Series?

It’s very simple to bet on the World Series and the MLB Future Odds market is always open for business.

To figure out your Win Amount, a bettor would take the betting odds offered on a team and multiply by the amount wagered.

Ex. New York Yankees (20/1) to win the World Series.

In the above example, the Yankees have their MLB future odds listed as a 20/1 betting choice to win the World Series.

If you wager $100 on New York to win the World Series and it captures the championship, then you would win $2,000 (20 ÷ 1 x 100).

You would collect $2,100, which includes your win and stake ($100). The stake is the initial dollar amount that you wager on the MLB future, either at a sportsbook or through an online sportsbook.

Bettors viewing their odds in American Format would see the Yankees listed at +2000 and if you prefer Decimal Odds, then New York would be seen as 21.00.

What’s great about betting on the World Series and MLB Future Odds is that there are plenty of betting opportunities for players throughout the season. Often in the MLB season, you’ll see teams start out slow in April and May, only to rally and make the playoffs. Forecasting the turnaround isn’t easy but the returns are often great and the risk is very low in the MLB Futures market.

Betting on World Series Odds

Where can I bet on the World Series?

There are several legal sportsbook options in the United States. Visit our sportsbook directory to find online sportsbooks where you can bet on the MLB season.

Who are the experts picking to win?

Our experts offer picks on many MLB games where they see a gambling edge. Check out our preview content or pick packages for the most up to date MLB predictions.

What type of bets can I make on MLB?

In addition to betting on who will win the World Series and the AL and NL Pennants, there are multiple angles you can bet on individual games. Check out our MLB odds page for the odds on each game.

Where can I learn how to bet on baseball?

To learn more about betting on baseball, check out our baseball betting tutorial.


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