Updated 2021 MLB Odds: World Series Favorites

by WagerHome Blog on February 18, 2021

It’s been an unusual offseason for Major League Baseball, with big-name trades, even bigger money free agent signings, and preparation for a new season that will be played with some of the same rules from last year’s COVID-shortened season.

And now baseball is here, as pitchers and catchers have reported. The full squads are in camp next week, and Spring Training games will begin before the month is done. Rejoice America. Major League Baseball is back for its 119th season, which means it’s time to take a look at the updated 2021 MLB odds.

2021 MLB Odds – World Series Favorites

  • Los Angeles Dodgers (+350)
  • New York Yankees (+550)
  • San Diego Padres (+900)
  • New York Mets (+1000)
  • Chicago White Sox (+1000)
  • Atlanta Braves (+1200)
  • Minnesota Twins (+1600)
  • Oakland Athletics (+1800)
  • Toronto Blue Jays (+2000)
  • Houston Astros (+2000)


Trevor Bauer is now a Dodger, and Justin Turner is still a Dodger. But even before that, they were the favorites to repeat as World Series Champions. L.A.’s closest competitor in the National League is its division rival that lives just down the 5 Freeway in San Diego. The Padres also have a very deep pitching staff after adding Yu Darvish, Blake Snell, and Joe Musgrove this offseason.

The American League favorite is the Yankees after they added pitchers Corey Kluber and Jameson Taillon. Taillon missed all of 2020 following elbow surgery, but that made him a cheap add with tons of upside.

The White Sox were back in the postseason in 2020 for the first time in 12 years, and many think they are ready to take the next step and become a legitimate World Series contender. Why else would you bring in Tony La Russa to manage at the age of 76 if you didn’t think you were close?

Out west in the American League, it will still be a battle between the Astros and A’s, but both teams lost key players over the offseason and are less likely to compete for a World Series run.

2021 MLB Odds – Addition by Addition

Several teams have seen their potential World Series fortunes rise because of additions this offseason.

Outfielder George Springer is a new member of the Toronto Blue Jays, and he has them as the second-most likely team to come out of the A.L. East. The Mets are the favorite to win the N.L. East after acquiring All-Star infielder Francisco Lindor and starting pitcher Carlos Carrasco from Cleveland.

The National League Central is considered as MLB’s weakest division, but the favorite St. Louis Cardinals made one of the biggest moves of any team when they traded for the best third baseman in all of baseball, Nolan Arenado. They are just outside the top 10 to win the World Series at +2500.

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WagerHome BlogUpdated 2021 MLB Odds: World Series Favorites

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