The favorite to win the 2020 World Series seems to be changing daily as every game is impacting the MLB betting markets. With the League Championship Series now decided, the Los Angeles Dodgers are back to being the favorites in World Series odds.
The Dodgers sit at -200 at the best baseball betting sites to win the World Series after overcoming a 3-1 NLCS deficit against the Atlanta Braves. By completing the comeback, Los Angeles has the opportunity to win its first World Series title since 1988.
The Dodgers’ opponents, the Tampa Bay Rays, had to overcome some momentum of their own in the form of the Houston Astros, who forced a Game 7 in the ALCS after falling behind 3-0 in the series. The Rays emerged victorious in the do-or-die Game 7 and have +170 odds to win the Fall Classic. This is Tampa Bay’s first appearance in the World Series since 2008.
Game 1 is set for Tuesday, October 20, at Globe Life Park in Arlington. Starting pitchers have yet to be announced.
With it being the World Series, there’s a great opportunity to bet on MLB Series Prices odds and a variety of props released by online sportsbooks like “how many games will be played” and “winner/number of games” that can offer more value than just betting a straight-up winner.
Odds to Win 2020 World Series
Odds as of October 19 at Bovada
How to Watch the 2020 World Series
Why the Dodgers Will Win the World Series
Star power, slugging, starting pitching – there are a lot of obvious reasons why the Los Angeles Dodgers should be the favorite in World Series odds. They have a certified ace in Walker Buehler and a potential one in Clayton Kershaw if he can ever get over his playoff yips, along with a slew of arms that can make an opposing batting order struggle to put up runs.
When you look at the batting lineup, it’s like somebody decided to cheat the system in MLB The Show. Acquiring Mookie Betts from the Red Sox has given the Dodgers added pop at the top of the batting order that’s now a murderers’ row. Nearly every hitter can go yard at any time.
At this point, the only thing standing in the way of the Dodgers winning their first World Series since 1988 is mental lapses. Los Angeles has been a championship contender for the last seven seasons and always has seemed to find a way to blow it. Outside of that random variable, it’s hard to find a reason to pick against Dodger blue.
Why the Rays Will Win the World Series
In a “David vs Goliath” style of matchup when it comes to team payrolls, it’s easy to dismiss the Tampa Bay Rays when it comes to World Series odds and that’s likely fine by them. Casual fans may not be able to name more than three Rays players but don’t take their anonymity as a weakness because Tampa Bay is the deepest team in MLB.
Take a guy like Randy Arozarena, for example. The starting left-fielder for the Rays, technically still a rookie, leads the team with seven home runs in the 2020 postseason and was just a throw-in in a trade with St. Louis in the offseason. It’s players like this that the Rays have found off the junk pile to turn into critical contributors and that’s one of the many reasons why Tampa Bay can’t be dismissed.
The Rays already have a trio of high-end starting pitchers in Blake Snell, Charlie Morton and Tyler Glasnow but also have the best bullpen in MLB with the ability to go the “opener” route for any given game. If Tampa continues to get timely hitting and the pitching remains elite, they can easily win the 2020 World Series.
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.
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: