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2024 World Series Odds: Dodgers Favored to Start Season

Written by: Tanner Kern
Fact-checked by: James Whitelock
Updated March 4, 2024
10 min read
  • The Dodgers are +320 to win the World Series

  • Los Angeles signed Shohei Ohtani in free agency

  • The defending champion Rangers are +1400 to repeat 

Opening day is less than one month away, so it’s time to place some MLB future bets. One of baseball's most popular future bets is the World Series market. 

The World Series is the culmination of the entire season, and there is a lot of value in 2024. The Dodgers have the best team in baseball, but it has resulted in a very short futures price. Los Angeles’ short World Series price has lengthened the odds for quality baseball teams. 

It’s rare to get the Astros for 7-1, but this is the case in 2024 because of the top-heavy teams in the market. Los Angeles has the deepest roster in baseball, but there is no guarantee it will result in a championship.

The Dodgers have been regular season heroes before acquiring Shohei Ohtani, and they have just one World Series in the shortened COVID-19 season to show for their success. Here, we will break down the betting market and our best World Series 2024 wagers. 

World Series 2024 Winner Odds

Odds via FanDuel Sportsbook. Create your FanDuel account to claim its promotional offer: Bet $5, Get $200 in Bonus Bets.

Team  Odds
Los Angeles Dodgers +320
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Atlanta Braves +450
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Houston Astros +700
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New York Yankees +800
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Texas Rangers +1400
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Philadelphia Phillies +1500
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Baltimore Orioles +1500
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Minnesota Twins +2000
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Toronto Blue Jays +2000
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Seattle Mariners +2000
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St. Louis Cardinals +3200
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Tampa Bay Rays +3300
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Chicago Cubs +3500
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Arizona Diamondbacks  +4000
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New York Mets +5000
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Boston Red Sox +5000
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Cincinnati Reds +5500
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San Diego Padres +6000
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San Francisco Giants +6000
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Detroit Tigers +6000
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Cleveland Guardians  +7500
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Milwaukee Brewers +8500
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Miami Marlins +9000
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Kansas City Royals  +15000
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Los Angeles Angels  +18000
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Pittsburgh Pirates +20000
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Washington Nationals  +25000
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Chicago White Sox +25000
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Oakland Athletics +50000
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Colorado Rockies  +50000
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2023 World Series odds and predictions

Favorites to Win World Series this Season

The Dodgers, Braves, and Astros are the leaders in the World Series market. This is unsurprising, as these three clubs have been the most dominant in recent seasons. 

Even though the Rangers hoisted the World Series trophy last year, the Dodgers, Astros, and Rangers all won a title over the three previous seasons. 

Los Angeles Dodgers (+320) on FanDuel Sportsbook 

The pressure is on Dave Roberts and the Los Angeles Dodgers in 2024. The Dodgers have one of the best teams on paper every year, but the gap is massive this season. 

Los Angeles has struggled to convert its talent into championships, but there is no room for excuses. The Dodgers stayed under the luxury tax in 2023 to open up their payroll, and they took advantage of the strategy. 

The ultimate goal was to sign Shohei Ohtani, and they did this through a 10-year, $700 million deal. Ohtani wants to win, so he deferred $680 million of the contract until after the agreement expires in 2033.

Ohtani's wise financial decision allowed the Dodgers to sign even more talent like Tyler Glasnow and Yoshinobu Yamamoto. These two make the rotation the best in baseball if they deliver as expected. 

Ohtani is the offense's centerpiece but is one of many A-level players in the lineup. We can’t forget about Freddie Freeman, Mookie Betts, Will Smith, and Max Muncy. When players go on their inevitable slump over 162 games, the Dodgers have the pieces to pick up the slack. 

Anything can happen in baseball, but the Dodgers should be at the top of your World Series betting list in 2024.

Atlanta Braves (+450) on FanDuel Sportsbook 

The Braves had a great 2023 season with a 104-58 record. They finished first in the NL East but lost in the NLDS to the Phillies by a 3-1 margin. 

The early playoff exit was weird because the Braves have consistently made deep playoff runs. It was long overdue when they won the World Series in 2021 because the team has always been talented. 

Atlanta did an excellent job in the offseason, patching an already talented roster. They added Chris Sale, who needed a scenery change from Boston, to the rotation. 

Sale was one of Boston’s best wings for years, but he was no longer reputable for the Red Sox. Based on his early spring training performances, Sale could have the potential to perform well with his new team.

The Braves had an average pitching staff last season with a team ERA of 4.14, but it was parlayed with one of the best offenses in baseball. There aren’t many easy outs throughout the lineup again in 2023. 

Austin Riley leads the group. He led the league in homers with 54 and RBI with 139 last season. Look for him, Matt Olson, Ozzie Albies, and Marcell Ozuna to continue mashing baseballs. 

The Braves and Dodgers should meet in the National League Championship Series in a rematch from 2020 to 2021. Los Angeles won in 2020, while the Braves got the best of the Dodgers in 2021. 

Houston Astros (+700) on FanDuel Sportsbook 

The Astros may take some time to get hot, but they’re always in the championship mix. The Rangers defeated the Astros in seven games in the 2023 ALCS. 

Even though Houston lost, it marked their seventh straight appearance in the ALCS. They have also won two of the past three and are 4-3 over this stretch. 

Houston has a lot of value in the futures market because they don’t have to face the Dodgers or Braves until the World Series if they were to make it this far. 

Los Angeles and Atlanta will be in a dogfight in the NLCS, so exhaustion could factor into World Series results.

Houston will have an uphill climb to begin the season because of Justin Verlander’s shoulder issue. He is behind in his recovery schedule, which isn’t a good sign at this point in the season. 

The Astros have a talented pitching staff, but Verlander will be a massive piece of their success. On offense, they’re loaded once again. The Astros signed Jose Altuve to an extension, so he will be in Houston for the rest of his career.

They also have Alex Bregman, Kyle Tucker, and Yordan Alvarez, some of the game's most intimidating hitters. 

Our Pick: Los Angeles Dodgers (+320) on FanDuel Sportsbook 

The favorite heading into the season rarely wins the World Series. Yet, we haven’t seen a team as talented as the Dodgers in a long time. 

Los Angeles has established a super team, and although they have struggled in the playoffs, this season feels very different. The Dodgers aren’t messing around, and this is clear with their offseason acquisitions to improve every aspect of the roster. 

Who Won the World Series in 2023?

The Texas Rangers had a historic run to the World Series last season. They were an excellent regular season team, winning 90 games. However, they finished second in the AL West and entered the playoffs as a wild card team. 

The Rangers entered the playoffs on a mission and dominated on the road. They went 11-0 as visitors in the playoffs, which was why they prevailed in the fall classic. 

Texas swept the Rays on the road in the Wild Card and the Orioles in the ALDS. They beat the Astros in seven games in the ALCS and took down the Diamondbacks in five games in the World Series. 

World Series Winner History

The Boston Americans won the first World Series in 1903 over the Pittsburgh Pirates. The Americans later became known as the Red Sox. 

The World Series has changed significantly over the years, but the modern format was established in 1967. It features the winner of the American and National Leagues in a seven-game series. 

The Yankees have won the most World Series, with 27. The Cardinals are second with 11, and the Red Sox and Athletics are tied for third with nine. 

Past World Series Champions  Year 
Texas Rangers 2023
Houston Astros 2022
Atlanta Braves 2021
Los Angeles Dodgers 2020
Washington Nationals 2019
Boston Red Sox 2018
Houston Astros 2017
Chicago Cubs 2016
Kansas City Royals 2015
San Francisco Giants 2014
Boston Red Sox  2013
San Francisco Giants 2012
St. Louis Cardinals 2011
San Francisco Giants 2010
New York Yankees 2009
Philadelphia Phillies 2008

How to Choose the Best Sportsbook for Betting on the World Series

Line shopping is critical for betting on the World Series market. You can receive superior odds on different platforms if you have multiple sportsbooks in your state or wherever you’re located. 

We have featured FanDuel throughout the article, but there are multiple sportsbooks we partner with at WSN. A few of our favorites are FanDuel, Caesars, and DraftKings. 

FanDuel Caesars DraftKings
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How to Read World Series Odds

Understanding the American odds is needed for betting on the World Series market. 

If the odds show a minus (–), then that amount of money must be wagered to win $100. (e.g., 150 means you must bet $150 to win $100).

If the odds show a plus (+), you will earn that money on a successful $100 bet. (e.g. +150 means you make $150 on a $100 wager).

If you bet $100 on the Dodgers to win the World Series on FanDuel Sportsbook (+320), you would win $320 if they were successful.

MLB World Series FAQ

Who is most likely to win the World Series in 2024?

Who won the World Series in 2023?

When is the World Series decided?

Which team won the World Series the most?

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AUTHOR

Tanner Kern

298 Articles

Tanner Kern has been working in the betting industry since 2020. He currently is a social media content creator at DraftKings and contributes to multiple sites in addition to WSN, including Forbes and VSiN. He is also the cohost of the podcast Ride the Line at WSN.

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