Updated 2024 World Series Odds and Betting Advice: Team A Remains a Great Value Bet with Team B a Heavy Favorite

With over a month of MLB action under our belts, America’s favorite pastime is in full swing. As teams continue to prove their mettle, future odds continuously update. So today we’re taking a look at the updated 2024 World Series odds. Who are the frontrunners? And are there any surprise contenders lurking in the shadows? Dive in with us as we explore the current landscape of the 2024 World Series odds!

Updated 2024 World Series Odds

May 5, 2024; Los Angeles, California, USA;  Los Angeles Dodgers designated hitter Shohei Ohtani (17) is greeted by first base Freddie Freeman (5) after hitting a home run during the eighth inning against the Atlanta Braves at Dodger Stadium. Mandatory Credit: Kiyoshi Mio-USA TODAY Sports
*Kiyoshi Mio-USA TODAY Sports

Still sitting as the 2024 World Series odds favorite are the Los Angeles Dodgers at +300. The two closest teams to them are fellow National League competitors, the Atlanta Braves at +490 and the American League’s New York Yankees at +650. Check out every MLB team’s current World Series odds from FanDuel Sportsbook below.

TeamWorld Series Odds
Los Angeles Dodgers+300
Atlanta Braves+490
New York Yankees+650
Baltimore Orioles+1100
Philadelphia Phillies+1200
Texas Rangers+1500
Houston Astros+1500
Seattle Mariners+1800
Minnesota Twins+2000
Chicago Cubs+3000
Cleveland Guardians+3500
Toronto Blue Jays+4000
Tampa Bay Rays+4500
Milwaukee Brewers+5000
St. Louis Cardinals+5000
San Diego Padres+5500
Arizona Diamondbacks+5500
New York Mets+5500
San Francisco Giants+5500
Detroit Tigers+6500
Kansas City Royals+9000
Cincinnati Reds+9500
Boston Red Sox+9500
Pittsburgh Pirates+26000
Los Angeles Angels+49000
Washington Nationals+50000
Oakland Athletics+50000
Chicago White Sox+50000
Miami Marlins+50000
Colorado Rockies+50000
*Odds current at time of publication

As expected, the Dodgers are World Series Favorites

The Los Angeles Dodgers remain the overwhelming World Series odds favorite according to FanDuel Sportsbook and are currently boasting odds of +300 to raise the World Series trophy at season’s end. They’ve maintained their spot as the favorite by beginning the 2024 season 23-13 while jumping out to a 5.5-game lead in the NL West division. 

Offensive star power is one of the main reasons this particular version of the Dodgers is so heavily favored. Their lineup including Shohei Ohtani and fellow former MVPs Freddie Freeman and Mookie Betts has been on full display this year. They lead the MLB in team batting average, runs, OPS, and total hits. This firepower is backed by a pitching staff that currently ranks 5th in WHIP, and 7th in runs allowed per game.

Updated NL MVP Odds

LA is one of the older teams in baseball so injuries will always be a concern, making these odds, this early in the year pretty scary. That said, the Dodgers front office has routinely shown their commitment to winning at the trade deadline and they’ll undoubtedly be active when that comes around.

The O’s are Back

May 1, 2024; Baltimore, Maryland, USA;  Baltimore Orioles pitcher Corbin Burnes (39) throws a second inning pitch against the New York Yankees at Oriole Park at Camden Yards. Mandatory Credit: Tommy Gilligan-USA TODAY Sports
*Tommy Gilligan-USA TODAY Sports

The Baltimore Orioles made their first playoff appearance since 2016 after winning their first division title since 2014 last season and it looks like they’re as good, if not better in 2024. Boasting one of baseball’s youngest and most talented rosters, the O’s are off to a hot 23-11 start (1st, AL East) this year. This is supported by the league’s 2nd highest-scoring offense and a pitching staff holding opponents to the 5th lowest runs per game at 3.68.

Updated AL MVP Odds

Baltimore will face tough competition in the AL for supremacy, but their addition of Corbin Burnes gives them an ace for must-win situations. Their offense isn’t reliant on one hitter producing as evidenced by a lineup featuring six players hitting above .270 and all but one starter currently with 5 or more home runs. At +1100, the O’s are a much better bet at this point in the season than their AL East opponent New York who is +650 but plays a much older and injury-laden lineup and pitching staff.  

Remember to Compare Odds

As always, make sure to compare odds and lines from as many sportsbooks as possible before placing your bets. This holds especially true for future bets, like the World Series as there might be some major differences in odds. For example, the Dodgers might be +280 at one sportsbook and +300 like we see here at FanDuel Sportsbook. In this case, you’re going to choose +300 to wager on because it presents a larger potential profit on the same amount bet. This is one of the many great things about online sports betting. You don’t have to bet on one sportsbook. You’re able to shop around for lines, odds, promo codes, and more.

written by

Brian is just a regular guy whose first passion was sports. He's either been playing, watching, now working in, and recreationally betting on sports for over 30 years. His favorite sports to bet are Football (NFL/NCAAF), College Basketball, and the NASCAR Cup Series. In addition to being a content contributor here at Bleacher Nation, Brian co-hosts the Angle of Pursuit Nascar Betting Podcast , & is also the FantasyLifeApp breaking news moderator/manager.

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