Los Angeles Dodgers open as World Series favorite for 2023

The MLB season ended less than a week ago with the Houston Astros winning the World Series over the Philadelphia Phillies in six games. While last season is still fresh in our minds, bettors have already cruised into next season by posting World Series odds for 2023. Although the Astros won it all, they weren’t installed as favorites for the next season.

Dodgers open as World Series favorites

For the fourth straight season, the Los Angeles Dodgers open the offseason as betting favorites to win the World Series.

Los Angeles has been in the playoffs for 10 consecutive seasons, winning at least 91 games in each normal season during that streak. They’ve eclipsed 100 wins in four of the past five 162-game seasons. However, they only won one World Series during that time. It came in the pandemic-shortened 2020 season, and a lot of people kind of put an asterisk on that championship due to the circumstances.

Last season, they won 111 games and finished with the best regular season record in baseball. They were dominant, but again they failed in the playoffs. They lost to the San Diego Padres in four games in the NLDS. Despite this, the Dodgers open to +500 to win the World Series. That makes him a betting favorite heading into the offseason.

LOS ANGELES, CA - OCTOBER 03: Los Angeles Dodgers right fielder Mookie Betts (50) looks on during the MLB game between the Colorado Rockies and the Los Angeles Dodgers on October 3, 2022 at Dodger Stadium in Los Angeles, THAT.  (Photo by Brian Rothmuller/Icon Sportswire via Getty Images)
Mookie Betts and the Los Angeles Dodgers are World Series favorites heading into the MLB offseason. (Brian Rothmuller/Icon Sportswire via Getty Images)

The Astros lead the rest of the pack, but an uncertain offseason awaits

The Houston Astros are fresh off winning the World Series and while they aren’t repeat betting favorites, they are certainly one of the top contenders. Houston is at +700 to win the World Series, the second-best odds of any team.

Justin Verlander just turned off his player option, so he’s a free agent. He could still come back, but even if he doesn’t, Houston showed his throwing depth en route to winning the World Series. With or without the likely Cy Young winner, Houston should be in the game again.

The expectation of massive free agents is a common theme among some top contenders. The Dodgers could lose Trea Turner. As mentioned above, the Astros could lose Verlander. The Atlanta Braves have the third-best odds at +800, but they could lose Dansby Swanson.

At +900, the New York Yankees have the fourth best odds. The status of Aaron Judge looms large. If he signs with another team, the Yankees become a much less attractive bet. The same could be said for the Mets, who are currently at odds of 10 to 1. Jacob deGrom is out of his contract, as is Chris Bassitt. Brandon Nimmo is also a free agent.

If these teams lose their stars who are testing free will, they probably won’t resist. Where would they also pivot? It might be smarter to wait and see how the offseason plays out, but by doing that, you risk losing some potential value in the process.

Current World Series Odds

Here are the current World Series odds for 2023 at BetMGM:

  • +500: Los Angeles Dodgers

  • +700: Houston Astros

  • +800: Atlanta Braves

  • +900: New York Yankees

  • 10-1: New York Mets, Toronto Blue Jays

  • 14 to 1: San Diego Padres

  • 16 to 1: Philadelphia Phillies

  • 18 to 1: Seattle Mariners

  • 20 to 1: St. Louis Cardinals

  • 25 to 1: Chicago White Sox, Milwaukee Brewers, Tampa Bay Rays

  • 30 to 1: Los Angeles Angels

  • 35 to 1: Cleveland Guardians, Baltimore Orioles

  • 40 to 1: Boston Red Sox, San Francisco Giants

  • 50 to 1: Minnesota Twins, Texas Rangers

  • 66 to 1: Miami Marlins, Detroit Tigers, Arizona Diamondbacks

  • 80 to 1: Chicago Cubs, Kansas City Royals

  • 100 to 1: Colorado Rockies, Cincinnati Reds

  • 150 to 1: Washington Nationals, Pittsburgh Pirates, Oakland Athletics

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