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MLB

Playoff ODDS

Sample data

Los Angeles Dodgers

+325

Houston Astros

+575

Chicago White Sox

+625

San Francisco Giants

+800

Milwaukee Brewers

+850

Tampa Bay Rays

+900

New York Yankees

+1200

Atlanta Braves

+1800

Boston Red Sox

+1800

Oakland Athletics

+2200

San Diego Padres

+2200

Cincinnati Reds

+3500

Toronto Blue Jays

+3500

New York Mets

+4000

Philadelphia Phillies

+4000

Seattle Mariners

+5000

St. Louis Cardinals

+5500

Los Angeles Angels

+20000

Cleveland Indians

+75000

Detroit Tigers

+100000

Washington Nationals

+150000

Chicago Cubs

+200000

Miami Marlins

+200000

Colorado Rockies

+250000

Kansas City Royals

+250000

Minnesota Twins

+250000

After reviewing MLB playoff odds, which team do you think will continue their historical dominance with respect to winning the World Series? 

Should you pick the New York Yankees or St. Louis Cardinals? How likely is it that an underestimated “sleeper team” will qualify for an MLB Wild Card and a chance to advance through a play-in game? 

The Major League Baseball (MLB) playoffs can be thrilling for baseball fans. However, for new bettors, reading MLB odds to make playoff bets may seem as challenging as hitting a 4-run grand slam home run. Learning the fundamentals can help you make more informed bets. 

At MaximBet.com, we provide you with helpful information for making MLB playoff bets. Read on to learn about how the MLB playoffs work, how to read MLB playoff odds, and how to bet on the World Series odds.

What Are MLB Futures Bets?

Futures bets are just one type of bets you can place at legit sportsbooks like MaximBet.com. They’re based on a future event that will happen sometime after the current day. 

Futures bets are prevalent in sports betting for pro leagues like the NFL, NBA, NHL, and MLB. 

MLB postseason futures bets include bets on which teams will:

  • Make the playoffs
  • Win the division
  • Win the American or National League
  • Win the World Series

Teams you may consider betting on include the:

  • Chicago White Sox 
  • San Diego Padres 
  • Seattle Mariners 
  • Philadelphia Phillies 
  • Texas Rangers 
  • Detroit Tigers 
  • Arizona Diamondbacks 
  • Cleveland Indians 
  • Minnesota Twins 
  • Colorado Rockies 
  • Baltimore Orioles 
  • Washington Nationals 
  • Chicago Cubs 
  • Miami Marlins 
  • New York Mets 
  • Kansas City Royals 
  • Milwaukee Brewers
  • Toronto Blue Jays 
  • Tampa bay rays 
  • Los Angeles Dodgers
  • San Francisco Giants 
  • Atlanta Braves 
  • Oakland Athletics 
  • Houston Astros 

Other MLB futures bets include which players will win awards such as the Most Valuable Player (MVP), Cy Young (pitchers), Golden Glove (defense), Silver Slugger (offense), and Rookie of the Year.

You can place these bets during the offseason, preseason, or regular season.

Futures bets are usually decided by long-term outcomes such as the postseason. Oddsmakers adjust the futures odds throughout the year based on game results, trades, and injuries.

Keep in mind that when you place a futures bet, the current odds are locked in. This process happens no matter how the odds are adjusted during the baseball season. 

Placing futures bets before the season starts can be challenging. Several factors, like long winning or losing streaks during the regular season, can affect a team’s odds of making the playoffs or winning the World Series. 

However, you may also get more favorable odds for that reason.

MLB Playoffs: How they Work 

In 2021 the MLB decided the next baseball season would return to the format used during the 2019 postseason. It allows ten total teams from the American League and National League to make the playoffs.

Here’s how it works. Each division winner from the six divisions has a “bye” until the League Division Series (LDS), including the:

  • AL East
  • AL Central
  • AL West
  • NL East
  • NL Central
  • NL West

In other words, they won’t have to play a wild card game. The teams are seeded one to three based on their regular season record.

The fourth and fifth seeds of each league play in a wild card game. These are teams that made the playoffs but didn’t win the division title.

The winner in the wild card games then goes head-to-head with the American League’s and National League’s top-seeded team.

Meanwhile, the other LDS series includes the second and third seeds. All of the LDS series are best-of-five matchups. A team must win three games to take the series.

Each winner of the LDS series then advances to the League Championship Series (LCS). The road to this series is often referred to as the AL’s and NL’s “pennant race.” 

The LCS series are best-of-seven matchups. A team must win four games to take the series. 

Finally, the winner of the American League Championship Series (ALCS) and National League Championship Series (NLCS) advance to the World Series. This series is also a best-of-seven competition.

MLB Playoffs Odds: World Series

Bettors can pick a World Series champion by placing bets on the overall result of the MLB championship or the entire postseason.

Betting on the World Series through the MLB futures odds market is relatively easy. You can calculate your winnings by multiplying the betting odds for a particular team by the amount of money bet.

Here’s an example:

Boston Red Sox +3,000 to win the World Series

The above example is in American odds. You can convert positive odds (+) into fractional odds by dividing the odds by 100 (3,000 / 100 = 30/1).

In this scenario, the Red Soxs’ futures odds to win the World Series are +3,000. Suppose you bet $100 on Boston to win it all. If the BoSox team wins the Commissioner’s Trophy, then you’ll earn $3,000.

Here’s how it’s computed using the fractional odds: (30 / 1 x 100) = $3,000.

Your total payout in this scenario would be $3,100. That includes your $3,000 profit and $100 original bet.

How to Bet on the World Series

One of the main benefits of betting on the World Series winner and other MLB futures is having several options during the season.

After the first few months of the regular season, it may seem unlikely that certain pro baseball teams will be eligible for the postseason. In fact, it’s common for teams to turn things around and make a run to qualify for the playoffs.

The MLB futures market can provide some incredible opportunities for “value bets” that involve lower risks and big returns. For example, underrated “dark horse” teams could have low odds to join the postseason but offer big payouts if they make the playoffs.

MLB Playoffs Futures Bets: Betting Strategies

Watch futures odds movement.

Drastic changes in the odds could be due to the public betting heavily on particular teams. This effect can trigger fast and drastic changes in MLB playoffs odds.

Do your research.

Make sure to weigh various factors like a team’s past playoff records. If they’ve recently struggled in the early playoff rounds, it might affect their chance of winning the LDS, LCS, or World Series.

Weigh the momentum’s effects.

While MLB teams with top futures odds and strong records often advance to the LCS or World Series, several wild card teams have won the MLB title.

For example, consider mid-range teams that have a chance to overcome the odds and win it all. Factors like good pitching, staying healthy, and playing well after the midseason All-Star Game can be a sign of a team’s likely playoff success.

Wild Card Bets: Key Factors to Consider

Here are main factors to think about when making a futures bet on the MLB Wild Card teams. They’re related to the one-game play-in itself and the teams’ potential advancement to other playoff rounds:

Win Differential

- The number of regular season wins between the two wild card teams can be several games. This means there may be a significant difference between the league’s fourth and fifth seeds.

Home Field Advantage

- Since the Wild Card is just one game, home field advantage is a much more significant factor than during a 5-game series, for example. 

Game vs. Series

- Teams will compete in the play-in game like game 7 of a 7-game series. For example, they’ll likely play their best starting pitcher. This situation differs from a 7-game series when a team’s pitching rotation of multiple pitchers is a bigger factor. 

Upset Probability

- Baseball games can have surprising results. While they’re also possible during playoff series, the effects are smaller than in a one-game wild card. This factor includes the likelihood that a big underdog can win in a shocker. 

Do your research before betting and go only with a legit sportsbook like MaximBet.com. Contact us today at MaximBet.com for more information about MLB playoff odds, including the World Series. 

After reviewing MLB playoff odds, which team do you think will continue their historical dominance with respect to winning the World Series? 

Should you pick the New York Yankees or St. Louis Cardinals? How likely is it that an underestimated “sleeper team” will qualify for an MLB Wild Card and a chance to advance through a play-in game? 

The Major League Baseball (MLB) playoffs can be thrilling for baseball fans. However, for new bettors, reading MLB odds to make playoff bets may seem as challenging as hitting a 4-run grand slam home run. Learning the fundamentals can help you make more informed bets. 

At MaximBet.com, we provide you with helpful information for making MLB playoff bets. Read on to learn about how the MLB playoffs work, how to read MLB playoff odds, and how to bet on the World Series odds.

What Are MLB Futures Bets?

Futures bets are just one type of bets you can place at legit sportsbooks like MaximBet.com. They’re based on a future event that will happen sometime after the current day. 

Futures bets are prevalent in sports betting for pro leagues like the NFL, NBA, NHL, and MLB. 

MLB postseason futures bets include bets on which teams will:

  • Make the playoffs
  • Win the division
  • Win the American or National League
  • Win the World Series

Teams you may consider betting on include the:

  • Chicago White Sox 
  • San Diego Padres 
  • Seattle Mariners 
  • Philadelphia Phillies 
  • Texas Rangers 
  • Detroit Tigers 
  • Arizona Diamondbacks 
  • Cleveland Indians 
  • Minnesota Twins 
  • Colorado Rockies 
  • Baltimore Orioles 
  • Washington Nationals 
  • Chicago Cubs 
  • Miami Marlins 
  • New York Mets 
  • Kansas City Royals 
  • Milwaukee Brewers
  • Toronto Blue Jays 
  • Tampa bay rays 
  • Los Angeles Dodgers
  • San Francisco Giants 
  • Atlanta Braves 
  • Oakland Athletics 
  • Houston Astros 

Other MLB futures bets include which players will win awards such as the Most Valuable Player (MVP), Cy Young (pitchers), Golden Glove (defense), Silver Slugger (offense), and Rookie of the Year.

You can place these bets during the offseason, preseason, or regular season.

Futures bets are usually decided by long-term outcomes such as the postseason. Oddsmakers adjust the futures odds throughout the year based on game results, trades, and injuries.

Keep in mind that when you place a futures bet, the current odds are locked in. This process happens no matter how the odds are adjusted during the baseball season. 

Placing futures bets before the season starts can be challenging. Several factors, like long winning or losing streaks during the regular season, can affect a team’s odds of making the playoffs or winning the World Series. 

However, you may also get more favorable odds for that reason.

MLB Playoffs: How they Work 

In 2021 the MLB decided the next baseball season would return to the format used during the 2019 postseason. It allows ten total teams from the American League and National League to make the playoffs.

Here’s how it works. Each division winner from the six divisions has a “bye” until the League Division Series (LDS), including the:

  • AL East
  • AL Central
  • AL West
  • NL East
  • NL Central
  • NL West

In other words, they won’t have to play a wild card game. The teams are seeded one to three based on their regular season record.

The fourth and fifth seeds of each league play in a wild card game. These are teams that made the playoffs but didn’t win the division title.

The winner in the wild card games then goes head-to-head with the American League’s and National League’s top-seeded team.

Meanwhile, the other LDS series includes the second and third seeds. All of the LDS series are best-of-five matchups. A team must win three games to take the series.

Each winner of the LDS series then advances to the League Championship Series (LCS). The road to this series is often referred to as the AL’s and NL’s “pennant race.” 

The LCS series are best-of-seven matchups. A team must win four games to take the series. 

Finally, the winner of the American League Championship Series (ALCS) and National League Championship Series (NLCS) advance to the World Series. This series is also a best-of-seven competition.

MLB Playoffs Odds: World Series

Bettors can pick a World Series champion by placing bets on the overall result of the MLB championship or the entire postseason.

Betting on the World Series through the MLB futures odds market is relatively easy. You can calculate your winnings by multiplying the betting odds for a particular team by the amount of money bet.

Here’s an example:

Boston Red Sox +3,000 to win the World Series

The above example is in American odds. You can convert positive odds (+) into fractional odds by dividing the odds by 100 (3,000 / 100 = 30/1).

In this scenario, the Red Soxs’ futures odds to win the World Series are +3,000. Suppose you bet $100 on Boston to win it all. If the BoSox team wins the Commissioner’s Trophy, then you’ll earn $3,000.

Here’s how it’s computed using the fractional odds: (30 / 1 x 100) = $3,000.

Your total payout in this scenario would be $3,100. That includes your $3,000 profit and $100 original bet.

How to Bet on the World Series

One of the main benefits of betting on the World Series winner and other MLB futures is having several options during the season.

After the first few months of the regular season, it may seem unlikely that certain pro baseball teams will be eligible for the postseason. In fact, it’s common for teams to turn things around and make a run to qualify for the playoffs.

The MLB futures market can provide some incredible opportunities for “value bets” that involve lower risks and big returns. For example, underrated “dark horse” teams could have low odds to join the postseason but offer big payouts if they make the playoffs.

MLB Playoffs Futures Bets: Betting Strategies

Watch futures odds movement.

Drastic changes in the odds could be due to the public betting heavily on particular teams. This effect can trigger fast and drastic changes in MLB playoffs odds.

Do your research.

Make sure to weigh various factors like a team’s past playoff records. If they’ve recently struggled in the early playoff rounds, it might affect their chance of winning the LDS, LCS, or World Series.

Weigh the momentum’s effects.

While MLB teams with top futures odds and strong records often advance to the LCS or World Series, several wild card teams have won the MLB title.

For example, consider mid-range teams that have a chance to overcome the odds and win it all. Factors like good pitching, staying healthy, and playing well after the midseason All-Star Game can be a sign of a team’s likely playoff success.

Wild Card Bets: Key Factors to Consider

Here are main factors to think about when making a futures bet on the MLB Wild Card teams. They’re related to the one-game play-in itself and the teams’ potential advancement to other playoff rounds:

Win Differential

- The number of regular season wins between the two wild card teams can be several games. This means there may be a significant difference between the league’s fourth and fifth seeds.

Home Field Advantage

- Since the Wild Card is just one game, home field advantage is a much more significant factor than during a 5-game series, for example. 

Game vs. Series

- Teams will compete in the play-in game like game 7 of a 7-game series. For example, they’ll likely play their best starting pitcher. This situation differs from a 7-game series when a team’s pitching rotation of multiple pitchers is a bigger factor. 

Upset Probability

- Baseball games can have surprising results. While they’re also possible during playoff series, the effects are smaller than in a one-game wild card. This factor includes the likelihood that a big underdog can win in a shocker. 

Do your research before betting and go only with a legit sportsbook like MaximBet.com. Contact us today at MaximBet.com for more information about MLB playoff odds, including the World Series.