World Series Odds and Action Report

World Series odds for the 2024 season are now in the books. And the bookmakers took a record beating. 

The Houston Astros beat the Philadelphia Phillies 4-1 in Game 6 to win the best-of-7 series, 4-2. And with it, Jim “Mattress Mack” McIngvale cashed out $10 million in Astros futures bets, for a cool $75 million.

McIngvale’s wagers were a massive hedge to cover his Houston furniture store’s mattress promotion. So all those winnings go back to the customers.

Oddsmakers from Caesars Sports, BetMGM and more discussed the resolution of the 2024 World Series futures market.

Updated on 04/22/2024
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2024 World Series Odds

TeamOdds
Dodgers+325
Braves+475
Yankees+750
Astros+1000
Orioles+1200
Phillies+1300
Rangers+1400
Mariners+2200
Blue Jays+2500
Twins+3000

Odds Provided by BetMGM - Subject to Change

The Mattress Mack Effect

Jose Altuve celebrates with Astros teammates after they won the World Series. (Getty)

Through five innings of Saturday night’s Game 6, neither team could plate a run. Then Philly got a Kyle Schwarber solo shot to take a 1-0 lead in the top of the sixth inning. That gave Phillies fans – and risk room managers – a little ray of hope that maybe Philadelphia could at least push this to Game 7.

But Houston responded with a four-run bottom of the sixth, beginning with a Yordan Alvarez three-run bomb, to take a 4-1 lead and never looked back.

Caesars then paid out $30 million on McIngvale’s $3 million Astros 10/1 bet, a wager made in May. It’s the largest win on a single sports bet in U.S. legal, regulated sports betting history.

“What can we say? We just wrote the biggest check in sports betting history to Mattress Mack,” Caesars Digital COO Ken Fuchs said. “Would we do it all again? You bet.”

WynnBet was on the hook for the second-largest Mattress Mack ticket, $1 million at 12/1 odds, also taken in May. So that accounted for another $12 million.

BetMGM took a $2 million McIngvale play at 5/1 in July, for a $10 million net win. Other books had $1 million bets at 5/1, including BetFred.

Said BetFred CEO and founder Fred Done, in congratulating McIngvale: “You had the guts, the balls to put your money on the line. You put $1 million on the Astros with me at 5/1. They’ve won, you deserve your money, I’m paying you.”

Updated on 04/22/2024
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2024 World Series Odds

The bookmakers wait for no one, so 2024 World Series futures odds have already been up for a week or more at some spots. BetMGM has the Los Angeles Dodgers as the favorite, followed by the Braves. Then come the New York Yankees and Houston Astros.

Los Angeles was the odds-on favorite throughout the 2022 season, but tumbled to the San Diego Padres in the NLDS. Atlanta won the 2021 World Series, but bowed out to the Phillies in this season's NLDS.

The Yankees fell to the Astros in the ALCS.