World Series Odds & Favorites 2024: Will Anyone Surpass Dodgers as Favorites?

The Los Angeles Dodgers stumbled a bit heading into the All-Star break, but they're still the favorites by the 2024 World Series odds across our best MLB betting sites.

Despite some mediocre play of late, the Dodgers remain the favorites on the World Series oddsboard, and they're starting to get healthier. All-time great Clayton Kershaw is expected to make his season debut this week, and perennial MLB MVP odds favorite Mookie Betts is beginning to make his way back from injury.  

Meanwhile, the Philadelphia Phillies continue to look like the best team in baseball. Much like the Dodgers, they've benefited from the recent returns of stars Bryce Harper, Kyle Schwarber, and J.T. Realmuto.

In the American League, the New York Yankees remain the favorites despite being on one of the worst runs of any team in baseball. Can Aaron Judge and Juan Soto drag the Yankees across the finish line, or will the young and dangerous Baltimore Orioles prove to be the cream of the crop in the AL East?

World Series odds 2024

(World Series odds from our best sports betting sites as of July 21 | 🔥 = best odds | ❄️ = worst odds)

2024 World Series favorites

Dodgers (+333)

The powerhouse Dodgers already recorded 100-plus wins in three straight seasons. Now a terrifying slugger in Ohtani is leading a loaded offense as L.A. awaits the return of Mookie Betts.

The baseball unicorn hit 44 homers last year while finishing with a league-leading 1.066 OPS, taking home his second AL MVP trophy in the last three years. He's on pace to win his first MVP in the NL this season, and Ohtani sits among the top five throughout MLB in home runs, OPS, slugging percentage, and stolen bases.

And though losing Betts hurt, Freeman has been on another level lately. He finished June with a 1.033 OPS.

The Dodgers are cruising with a significant lead in the NL West, but they still sit behind the Phillies for the top spot in the National League. 

If L.A. is able to win it all, a $10 bet on these odds returns a profit of $43.33.

Best odds: +333 via BetMGM | Implied probability: 23.09%

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Phillies (+500)

This Phillies team is playing with a hunger that perhaps no other club can match right now. Following last year's disappointing NLCS defeat - in which the Phillies were up 2-0 and then again were up 3-2 with the final two games at home - Philadelphia looks driven to make 2024 its year.

The Phillies boast the best pitching in baseball by fWAR (by a lot) and one of the league's best offenses, despite superstar Trea Turner missing roughly 1/3 of the season.

Philadelphia is also built for the postseason, with four truly elite relievers in Jose Alvarado, Jeff Hoffman, Matt Strahm, and Orion Kerkering backing up a rotation that features two of the Cy Young favorites in Zack Wheeler and Ranger Suarez. Additionally, starters Aaron Nola and Cristopher Sanchez have also been great.

This team is loaded with talent from top to bottom. These odds will likely only get shorter, too, and right now a $10 winning bet pays out $50 in profit.

Best odds: +500 via DraftKings | Implied probability: 16.67%

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Yankees (+650)

New York features one of the best starting rotations in all of baseball, including Luis Gil, an AL Rookie of the Year odds contender who experienced a rough patch but bounced back nicely over two starts before the All-Star break.

Additionally, the Yankees' lineup has been similar to the classic Bronx Bombers days. Thanks to Judge, offseason addition Juan Soto, and the resurgence of the now-injured Giancarlo Stanton, the Yankees are among the MLB leaders in home runs, wRC+, and fWAR.

The Yankees are maintaining a perch near the top of our World Series odds despite a prolonged recent slump as the first half drew to a close. The team went 5-13 during a stretch between June 18 and July 8. But New York is still neck-and-neck with the Orioles in the AL East.

With New York's struggles, these are the longest odds the club has received in a while, with a $10 winning bet paying out $65 in profit.

Best odds: +650 via bet365 | Implied probability: 13.33%

My 2024 World Series team to watch

Orioles (+800)

The young Orioles arrived in the upper echelon of MLB earlier than expected last season while winning 101 games, behind only the juggernaut Braves. It's a stunningly fast turnaround, as the club isn't far gone from losing 110 games in 2021.

The Orioles achieved that win total primarily on the strength of their seventh-ranked offense. However, to reach the next level, the team needed to add a firmly established ace to bolster a pitching staff that was already starting to gel with a 3.89 team ERA last year (also seventh in MLB).

Corbin Burnes has been that addition. He shined during May while recording a 2.17 ERA and was even better with a 2.12 ERA in June. Overall he finished the first half with his ERA at 2.43, earning an All-Star Game start.

Though the Orioles roster the No. 1 prospect in baseball, Jackson Holliday, they haven't needed him this season. Baltimore leads MLB in home runs (149) and slugging (.452) thanks to its plethora of heavy hitters. Henderson, Anthony Santander, and Adley Rutschman form one of the scariest trios in baseball. 

If the Orioles keep it up, these odds will likely shrink to around +600. But for now, a $10 winning bet at this price pays an $75 profit.

Best odds: +750 via DraftKings | Implied probability: 11.76%

2024 World Series odds over time

Latest odds via DraftKings

World Series 2024 exact result odds

(Odds via FanDuel last updated on July 18)

World Series 2024 winning league odds

(Odds via FanDuel last updated on July 18)

World Series 2024 winning division odds

(Odds via FanDuel last updated July 18)

How to read World Series futures

Every team is given World Series odds that shift throughout the season. Many factors can influence the movement of those numbers. A team's play is the most obvious, but injuries and transactions also contribute.

The top teams on the World Series futures oddsboard are deemed the most likely to win currently, with the opposite true for the bottom clubs. Bettors lock in wagers at current odds, and winning bets are paid out at the end of the season.

For example, a $10 bet at +1500 odds would pay out $150.

World Series spreads explained

Bettors can wager on the run line in each World Series game, just as they can throughout the regular season. For example, if one team is favored by -1.5 runs, that club needs to win by at least two runs for the wager to cash.

World Series moneyline odds explained

Teams involved in the World Series will get moneyline odds for both each game, and the series as a whole. The odds indicate which team is favored to win.

For example, if a team is a -120 favorite, that translates to a 54.6% probability of winning, and a $10 wager on that line would result in $8.33 in profit. Meanwhile, an underdog getting +115 odds is receiving a 46.5% chance to win, and the same wager would lead to an $11.50 win.

Past World Series winners

Teams with most World Series titles

World Series FAQs

Who is the World Series favorite?

The Los Angeles Dodgers are the 2024 World Series favorites at +350. Those odds suggest a 22.22% chance for the Dodgers to win it all.

Who won the World Series last year?

The Texas Rangers beat the Arizona Diamondbacks in five games to win the 2023 World Series.

When will the World Series be decided?

The 2024 World Series will begin in late October and conclude in early November. The 2023 Fall Classic finished on Nov. 1.

How to watch the World Series

The World Series is broadcast by FOX. It is streamed on fuboTV, Hulu+, Live TV, and YouTube TV.

MLB betting odds pages

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