2021 World Series Odds: Dodgers the Betting Favorite

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Updated: March 6, 2021

The L.A. Dodgers landed ace Trevor Bauer and moved from +450 to +350 to repeat as World Series champs, and have drawn a ton of action ever since that February 5 signing.

Photo By – USA TODAY Sports

With spring just around the corner, the attention of MLB bettors is swinging to the World Series odds.

There’s been a flurry of offseason moves already, as teams look to dethrone the reigning champion Los Angeles Dodgers and improve their 2021 World Series betting odds. The Dodgers solidified their place atop the World Series futures thanks to the addition of stud pitcher Trevor Bauer, but that has created some tempting prices behind L.A. on the MLB futures board.

Let’s look at the current 2021 World Series odds. 

Favorites to win 2021 World Series 

The talent-rich Los Angeles Dodgers remain the 2021 World Series favorites at PointsBet USA, where after the February 5 signing of reigning NL Cy Young Award winner Trevor Bauer, the Dodgers moved from +450 to +350 to repeat as champions.

The New York Yankees (+550) sit second in the World Series odds. The Yankees are hoping to avoid the rash of injuries that plagued their powerful lineup in 2020 and have massive backing from the betting public which bets the Bronx Bombers’ futures odds blind every season.

The San Diego Padres sit third on the PointsBet odds board at +800, coming off a season in which their bats put MLB teams on notice and an offseason in which they went out and acquired high-level pitching arms in Blake Snell and Yu Darvish.

Odds to win the 2021 World Series

Team 2021 World Series odds (as of March 6)
Los Angeles Dodgers +350
New York Yankees +550
San Diego Padres +800
Chicago White Sox +900
New York Mets +1,000
Atlanta Braves +1,100
Minnesota Twins +1,800
Oakland Athletics +2,000
Toronto Blue Jays +2,000
Houston Astros +2,200
Tampa Bay Rays +2,500
St. Louis Cardinals +2,500
Cincinnati Reds +3,000
Washington Nationals +3,000
Chicago Cubs +4,000
Cleveland Indians +4,000
Philadelphia Phillies +4,000
Los Angeles Angels +4,000
Milwaukee Brewers +5,000
Boston Red Sox +5,000
Miami Marlins +7,000
Seattle Mariners +8,500
Baltimore Orioles +10,000
San Francisco Giants +10,000
Arizona Diamondbacks +10,000
Detroit Tigers +10,000
Kansas City Royals +10,000
Colorado Rockies +15,000
Texas Rangers +15,000
Pittsburgh Pirates +20,000

Odds courtesy of PointsBet USA

World Series futures action report

Biggest climb: Toronto Blue Jays

As of Feb. 10, the most noteworthy upward trajectory of the past week at PointsBet USA comes from the Toronto Blue Jays, who jumped from +3,000 to +2,200 in the World Series market. “After a pretty active free agency/offseason, the Blue Jays look ready to compete in a very competitive AL East,” PointsBet sports analyst Mike Korn said.

Furthest fall: Houston Astros

PointsBet USA sports analyst Mike Korn pointed to the Houston Astros, who over the past couple of weeks dropped from +1,700 to +2,500 to win the World Series. Korn noted that a key component of Houston’s fall was George Springer’s January departure to sign with the Blue Jays.

Team to watch: Los Angeles Dodgers

Yeah, we know L.A. is the favorite but the recent action coming in on the defending World Series winner is worth a watch. After adding Bauer to an already stellar pitching rotation and a solid overall team, the Dodgers are drawing a good bulk of the futures bets. “The Dodgers are currently our second-most-bet team to win the World Series, only behind the White Sox. There’s a lot of local Illinois optimism,” PointsBet USA sports analyst Mike Korn said.

Understanding World Series futures odds

Sportsbooks will post odds for the World Series as early as the day after the end of the previous MLB postseason. These odds are constantly adjusted throughout the offseason as players get hurt or are suspended or traded. Once the season begins, title odds will change as often as daily as teams win and lose games and as players get hurt or suspended. Sportsbooks will also adjust MLB futures odds based on handle and liability to certain teams.

World Series futures odds will usually look like this:

This means that on a $100 bet, you’ll stand to profit $210 if the Rays win the World Series. If it’s close to the end of the regular season or during the playoffs and if there is a very dominant team, you might see that a team is has a minus sign (-) ahead of its odds. 

This means that you would need to bet $120 to win $100 on a Dodgers championship.

Above we have posted the American odds for MLB futures. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool.

 

How to bet on MLB futures odds

There are a few different ways to bet on professional baseball futures odds. One way is by selecting the winner of the World Series. You’re able to do this from basically after the final out of the previous year’s World Series all the way through to next year’s playoffs.

There are many other baseball futures markets to dive into as well, such as odds to win the National League and American League pennants, odds to win each division within both the NL and AL, and by taking the Over or Under on a team’s total wins for the season. Some sportsbooks will also offer markets on player awards such as the MVP, Cy Young, and Rookie of the Year.

Get more baseball betting strategies in our How to Bet section and join the conversation with thousands of serious baseball bettors in our MLB Betting Forum. 

Where can I bet on World Series odds?

You can bet on MLB and World Series odds at every online and casino sportsbook. Find ratings and reviews for the best sportsbooks for betting on baseball futures in your area.


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