The Los Angeles Dodgers are a consensus favorite across the sports betting industry to win the 2022 World Series. BetMGM and Circa both opened with the Dodgers atop the oddsboard at +600, but those odds dropped to +550 today after L.A. acquired Freddie Freeman.
With Major League Baseball back on schedule after a new collective bargaining agreement was reached, it’s the perfect time to examine futures odds on who will win the World Series.
A key provision in the new CBA includes an expanded playoff field. There will be 12 playoff teams, up from the 10-team format that’s been in place since 2012 . This didn’t come as a surprise to oddsmakers, who had already adjusted their World Series odds in anticipation of playoff expansion.
The only uncertainty revolved around the number of teams being added. MLB owners were pushing for 14, but the number ended up being an even dozen. As it stands now, 40% of MLB teams will make the postseason. Since teams have a better chance to make the playoffs, and the Nos. 3-6 seeds in each league have to play best-of-three first-round series, tweaks to futures prices were necessary.
Chris Bennett, Sportsbook Manager at Circa Sports, made some adjustments prior to the CBA deal being done.
“When I read that they were gonna have 12 or 14 teams, I made some moves,” Bennett said in a DM to Gaming Today. “Minor adjustments, but I did lower some longshots and raise some favorites.”
2022 World Series Champion Futures Odds
Here are the futures odds at BetMGM and Circa for all 30 MLB teams. It’s always a good idea to shop around the betting market for the best prices for your wagers.
| 2022 World Series Champion | BetMGM Odds | Circa |
|---|---|---|
| Dodgers | +550 | +550 |
| Astros | +1000 | +1600 |
| Mets | +1000 | +1000 |
| White Sox | +1100 | +1000 |
| Yankees | +1100 | +1200 |
| Blue Jays | +1100 | +1000 |
| Braves | +1400 | +1500 |
| Rays | +1400 | +1500 |
| Brewers | +1600 | +1400 |
| Padres | +1600 | +1100 |
| Red Sox | +1800 | +3500 |
| Cardinals | +1800 | +2200 |
| Giants | +2000 | +2000 |
| Angels | +2500 | +1800 |
| Mariners | +2500 | +2200 |
| Tigers | +3500 | +3500 |
| Phillies | +4000 | +3000 |
| Reds | +10000 | +15000 |
| Marlins | +6600 | +6000 |
| Twins | +6600 | +5000 |
| Athletics | +10000 | +20000 |
| Guardians | +8000 | +7500 |
| Rangers | +8000 | +7500 |
| Cubs | +10000 | +12500 |
| Royals | +10000 | +6000 |
| Nationals | +10000 | +16500 |
| Rockies | +20000 | +35000 |
| Diamondbacks | +25000 | +35000 |
| Pirates | +50000 | +85000 |
| Orioles | +50000 | +50000 |
A day after the Braves defeated the Astros to win last year’s World Series, Caesars Sportbook posted its 2022 MLB futures. The Dodgers opened as +550 favorites, followed by the Astros (+700), Braves (+900), Yankees (+1000), and White Sox (+1400).
Meanwhile, at Circa, baseball has always been Bennett’s specialty and he’s responsible for posting opening lines throughout the MLB season. Circa has “Yes/No” odds on teams winning this year’s World Series. While the Dodgers are +550 to win the World Series at Circa, you can also bet against L.A. at -890. The Braves are +1500 to repeat and -2800 to fail in that quest.
Also read: MLB Players Allowed To Endorse Sports Betting Companies, Per New CBA | Circa’s Chris Bennett Talks Betting Limits, Linemaking, And More
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