A futures odds bet in professional baseball is an “odds to win” wager. To win these bets, you place a wager on which team you think will be the outright winner of an MLB competition. Although the futures odds may change before the event takes place, your bet corresponds to the fixed odds given by your sportsbook when placing the bet.
The Major League Baseball (MLB) futures betting market is available all year. Usually, bookmakers update the odds every week after games. You can place wagers on the event in both the offseason, regular season, and postseason. The most popular MLB Futures wagering option is on the World Series. However, you can wager on the winner of each of six divisions in Major League Baseball and place prop bets on stats and individual players.
The MLB World Series
There are currently 30 MLB franchises – 15 compete in the American League (AL) and 15 in the National League (NL). Five teams from each of the two leagues qualify for the playoffs each year. The six teams that win each division – AL East, AL Central, AL West, NL East, NL Central, and NL West – automatically qualify for the playoffs. Four other teams play wild-card games. These games feature two teams from the AL and two teams from the NL that compiled the best regular-season records after the division winners.
The two winners of the Wild Card Games advance to the Division Series, which is the first round of the playoffs. The winners of the Wild Card Games play the team in their league with the best regular-season record, whereas the other two remaining teams that have a poorer record in each league face each other. As the Division Series is a best-of-five format, the first team to win three games advances to the next round.
The two winners of the Division Series from each league then advance to the League Championship Series, as the American League Championship Series (LCS) and the National League Championship Series (NLCS). The LCS is a best-of-seven format. Therefore, the first team to win four games progresses to the final round – the World Series. The last round of the tournament is also a best-of-seven. As a result, the first team to win four games is declared champions for that year. The LA Dodgers are the current champions and also the favorites to win it again in 2021.
MLB Player Prop Bets
This wagering option is when you bet on individual player stats in a particular match. MLB player props usually involve either a player vs. player scenario or an over/under total points scored in a game bet. Popular player prop bet markets are predicting hitting and pitching stats – such as most strikeouts among starting pitchers – over or under totals of the number of strikeouts, individuals players to hit a home run, or to record over or under a certain number of runs batted in (RBI) or hits. Also, you can bet on who will win the Cy Young Award – an annual award for the best MLB pitcher.
Frequently Asked Questions
What is an MLB futures bet?
This is a betting option that lets you a wager on a baseball event that will happen at a later date. The MLB Futures betting market is open all year, but online sportsbooks will adjust the odds depending on team performances, injuries, and other relevant MLB news. As explained above, there are many different professional baseball futures betting markets.
When does the MLB season start?
The MLB season’s opening day takes place during the first week of April. The regular season ends after the first Sunday in October (or the last Sunday in September). The next World Series starts on October 26, 2021.
Which is MLB team has won the most World Series?
The New York Yankees have won the World Series 27 times. The only other team that has won it more than ten times is the St. Louis Cardinals.
Most successful baseball teams in World Series history:
- New York Yankees – 27
- St. Louis Cardinals – 11
- Boston Red Sox – 9
- Oakland Athletics – 9
- San Francisco Giants – 8
- Los Angeles Dodgers – 7
Which teams are the favorites to win the 2021 World Series?
The Los Angeles Dodgers are currently the oddsmakers' favorites. Other leading contenders include the San Francisco Giants, Tampa Bay Rays, and Chicago White Sox.
Because the LA Dodgers have star players, such as Bellinger, Betts, and Corey Seager, and that they won the tournament last year, it's no wonder online bookmakers have tipped them to win the World Series for the second year in a row.