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Featured Last Updated Aug 5 2024, 3:11 PM

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

Patrick Everson
Patrick Everson Sports Betting Expert
5 minute read

World Series odds for 2024 are seeing some slight shifting of gears, with the July 30 trade deadline now in the rearview mirror. 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 Philadelphia Phillies and New York Yankees, despite the Pinstripes' recent lengthy slide.

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

Trade Deadline Winners

Jack Flaherty heads to the Dodgers, bolstering L.A.'s World Series odds.

To hear BetMGM trader Hal Egeland tell it, the two teams at the top did just fine at the trade deadline. And a team about one-third of the way down the board worked its way up a bit.

"There was a flurry of trades where it seemed, for the most part, that the teams in position to make the playoffs bolstered their roster. But there was a lack of big moves," Egeland said. "The obvious winners here are the Dodgers, Padres and Phillies."

Los Angeles has been favored all season, and in fact ever since adding Shohei Ohtani in December. The Dodgers are now into +300 chalk in BetMGM's World Series odds.

"The Dodgers get a Game 3 starter in Jack Flaherty, and some other additions that add to their versatility," Egeland said, noting a three-team trade in which L.A. landed utilityman Tommy Edman from the St. Louis Cardinals and right-hander Michael Kopech from the Chicago White Sox.

"Kopech hasn't lived up to his expectations, but there's no denying the stuff is there. We moved the Dodgers into +300 from +325."

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Meanwhile, San Diego was +5000 three days before the trade deadline, but emerges at +3000 afterward. The Padres got Jason Adam in a deal with the Tampa Bay Rays, then nabbed Tanner Scott on deadline day, in a trade with the Florida Marlins.

"The Padres went out and got themselves two of the best relievers on the market. It's pretty clear they're all in, as it seems they are every year," Egeland said.

Philadelphia needed at least a closer, and got one by acquiring Carlos Estevez from the Los Angeles Angels.

"The Phillies, whose odds didn't really change, I consider winners as well," Egeland said of the +450 second choice. "The Dodgers and Padres' moves held the Phillies' odds where they are, but Philadelphia got better."

Trade Deadline Losers

Houston paid a big price to get Yusei Kukichi from Toronto. (Getty)

By no means are the Houston Astros out of the hunt in World Series futures odds. Houston is the +1300 co-fifth choice at BetMGM. But Egeland wasn't impressed with the Astros' effort ahead of the deadline.

"The Astros are who I consider one of the biggest losers at the deadline. They paid a hefty price for Yusei Kikuchi," Egeland said.

Indeed, to get Kikuchi, Houston sent right-hander Jake Bloss, outfielder Joey Loperfido and infield prospect Will Wagner to the Toronto Blue Jays. Egeland felt that transaction, a day before the deadline, hindered other major deals.

"Once that price tag was out there, it seemed apparent that the [other] big names weren't going to get moved," he said. "The Astros are losers for not making any significant moves, but they're still the Astros."

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Egeland also had higher trade-deadline expectations of the Seattle Mariners. And he adjusted the M's odds accordingly.

"We pushed out the Mariners a touch, from +2200 to +2500," he said. "I had an expectation that they would do more and trade away one of their arms. Bryan Woo, for example.

"The Mariners have an abundance of arms, and they probably could have gotten an impact bat like Brent Rooker, if they wanted to."

Seattle did get outfielder Randy Arozarena in a deal with Tampa Bay and designated hitter/first baseman Justin Turner in a trade with Toronto.

"Maybe Arozarena and Turner will provide a spark. But I think Seattle needed to do more," Egeland said.

More Movers

Randy Arozarena moved on from Tampa and is already in Seattle's lineup. (Getty)

The Tampa Bay Rays are two games above .500 (54-52) and 3.5 games out of the final AL Wild Card bid. But trade-deadline moves indicate Tampa is looking ahead to next season and beyond.

As noted above, the Rays dealt Randy Arozarena to Seattle and Jason Adam to San Diego

"It's tough to call the Rays a loser, because they're clearly planning for the future. But they seem to be waving the white flag on this season," Egeland said.

When BetMGM first posted World Series odds last November, Tampa Bay was +1600. But by a week before the deadline, the Rays were out to +20000 (200/1), and they're now +25000 (250/1).

The defending World Series champion Texas Rangers slipped from +5000 to +6600. Texas is 52-55, six games out in the AL Wild Card.

Ticket Takers and Money Makers

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

When factoring in both digital betting (online/mobile), which constitues most of the action, and retail betting, the Dodgers, Yankees and Phillies are running 1-2-3 in both tickets and money at BetMGM.

The Baltimore Orioles are in that mix, as well. Baltimore is the +700 fourth choice in odds to win the World Series, just behind AL East rival New York (+550).

"We'll be cheering against the Phillies and the Orioles. We'd really like to avoid the Pirates, Royals and Red Sox, as well. The Pirates would actually be our worst result," Egeland said. "The Braves, Astros, Twins or Mariners would all be great, in terms of teams with a legitimate chance."

Atlanta is the +1300 co-fifth choice with Houston. Minnesota is the co-seventh choice, joined by Cleveland. As noted above, Seattle is +2500, the co-ninth choice with Milwaukee.

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Patrick Everson

Patrick Everson

Patrick Everson is a senior reporter for VegasInsider. Based in Las Vegas since 1994, he's worked in the sports betting journalism/content space for more than a decade. He's most known for his deep roster of contacts behind sportsbook counters, providing readers and viewers with the ins-and-outs of how events are being bet. He's also a thought leader in the sports betting space, often appearing on or moderating panels at national conferences. More from Patrick Everson
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