World Series Odds, Betting Trends: Everything You Need To Know

World Series odds for 2024 are seeing some slight shifting of gears, now that the season surges into July. No surprise, the Los Angeles Dodgers remain the favorite in odds to win the World Series.

But others aren't far behind, most notably the New York Yankees and Philadelphia Phillies.

Here's everything you need to know about 2024 World Series odds: action, line movement and betting trends. Check back regularly for updates. Be sure to use our BetMGM bonus code to get the most out of your action.

2024 World Series Odds

New York State of Mind

Aaron Judge and the Yankees have struggled of late, but are still No. 2 in BetMGM's odds to win the World Series. (Getty)

The New York Yankees went a stout 21-7 in May to surge up BetMGM's World Series odds board. That run continued with a 5-0 stretch to start June, part of an 8-0 streak overall. But the back half of June was more hit-and-miss.

And lately, it's been even more miss. New York was on a 3-12 nosedive before routing Boston 14-4 on July 6. Still, the Yankees are 55-36 and are the +500 co-second choice to win the World Series, behind only the Dodgers (+310).

"We still hold the Yankees in high regard, but there’s no doubt this is a tough stretch," BetMGM trader Hal Egeland said. "It’s a long season so we don’t want to overreact to bad stretches, but we did push them out a touch recently, from +450."

Getting Gerrit Cole back on the hill should help. The reigning AL Cy Young winner missed the first 2.5 months of season with right elbow issues. He's now got four starts under his belt, with the third one the most promising: one run allowed on three hits and a walk in five innings, with six strikeouts.

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"That start from Cole showed some promise that he’ll return to form, which they’ll need if they want to get back to being one of the league’s elite teams," Egeland said.

However, in that aforementioned 14-4 win over Boston, Cole started and allowed four runs on seven hits and two walks in 4 1/3 innings. On the plus side, he had eight strikeouts.

The Yankees' slump slightly flipped the script in BetMGM's futures market.

"Action on the Yankees has certainly has cooled off. They're a small winner for us now, but a couple wins in a row and that would almost certainly turn back into a loser for us," Egeland said. "The Yankees will need some help from their hitters, outside of Juan Soto and Aaron Judge.

"But with those two in the lineup together, I don’t envision us moving the Yankees down much more."

Back in November, the Pinstripes opened +1600 to win the World Series.

Mostly Sunny in Philadelphia

Zach Wheeler is part of a potent starting rotation for the Phillies. (Getty)

The Philadelphia Phillies went a scorching-hot 22-4 from April 25-May 23, then went 7-1 from May 29-June 5. Philly has since been more steady than hot-streaky. But at 58-30 through July 5, the Phillies still have the best record in the majors.

Correspondingly, BetMGM now has the Phils as the +500 co-second choice in odds to win the World Series, joining the Yankees. Philadelphia, which lost to Arizona in the NLCS last season, opened +1100 at BetMGM.

"The Phillies are our second-biggest liability among teams I’d consider legitimate contenders, only behind the Orioles," Egeland said. "They’re near the top of just about every important statistical category, especially pitching. I don’t think it’s surprising that the Phillies have attracted a lot of action."

Philadelphia leads all of MLB with a 3.20 team ERA. The Phillies are near the top in several other pitching categories.

L.A. Story

Freddie Freeman, Shohei Ohtani and the Dodgers are atop World Series odds. (Getty)

The Los Angeles Dodgers keep moving along as favorites, having seemingly put behind the sports betting scandal involving Shohei Ohtani's interpreter. Los Angeles opened +800 in November, second to the Atlanta Braves' +650 price.

But the Dodgers have been favored ever since acquiring Ohtani in November. L.A. is now +310 on BetMGM's World Series odds board. At 54-35, Dodger Blue has the fourth-best record in the majors and trails only Philly in the NL.

"The Dodgers are winners for us. But that’s usually the case for teams we hold as the favorite for the entire year," Egeland said. "The Celtics from this past NBA season are a perfect example. The Dodgers certainly have a ton of interest, but the short odds keep them as a favorable result for us."

Cleveland Believeland

Tyler Freeman and the Guardians keep climbing in odds to win the World Series. (Getty)

The Cleveland Guardians are perhaps one of the more surprising teams in the first three months-plus of play. Cleveland got out of the gate with an 8-2 start, then went on an 8-1 run from April 14-23.

The Guardians went on a nine-game tear in May and won seven in a row from June 19-25. Cleveland cooled down of late, currently in a 3-6 rut. But the Guardians still own a 54-32 record, trailing only the Phillies and Orioles in all of MLB.

Cleveland opened +5000 in BetMGM's World Series odds market and was +6600 heading into the regular season. A slow-but-steady climb up the board now has the Guardians at +1600, the co-sixth choice with the Seattle Mariners.

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"I’m personally not a believer in Cleveland as a contender. But the Guardians have been proving me wrong all year," Egeland said. "They’re one of the teams that we just don’t seem to take a heap of action on for futures, for whatever reason.

"We’re live in Ohio, and we take a good amount of action on the Reds futures each year. So I’m not entirely sure why they don't bet the Guardians. Although I don’t love their chances, we likely will be cheering for them in the postseason."

Ticket Takers and Money Makers

Corbin Burnes' Orioles are nabbing plenty of World Series bets. (Getty)

When factoring in only digital betting (online/mobile), which constitutes most of the action, the Baltimore Orioles are No. 1 in ticket count in BetMGM's World Series odds market. Baltimore is the +700 fourth choice to win the Fall Classic.

The Yankees are No. 2 in tickets, followed closely by the Phillies and Dodgers. Los Angeles and Philly are in practically a dead heat atop the money count, followed by Baltimore and New York.

But when adding in retail betting numbers, there's a slight shift.

"To no surprise, the Dodgers, Yankees and Phillies are the top three, in both tickets and money," Egeland said.

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