The World Series is the annual championship series in Major League Baseball, and each year pits the National League and American League pennant winners against each other to crown the World Series Champions in a best-of-seven playoff series and the winner is awarded the Commissioner’s Trophy.
Every sportsbook will offer a huge variety of World Series betting odds. It’s the oldest championship in professional North American sports and the premier baseball event of the season. Sportsbooks will always go the extra mile to create even more betting options for sports bettors.
When it comes to betting on World Series odds, it’s always a tough choice with the two top teams battling to win the Major League Baseball title. There are rarely huge underdogs or favorites, and the odds can sometimes be a bit on the safe side, as oddsmakers are protecting themselves as anything can happen.
It’s common for seasoned sports bettors to place several different wagers on the World Series, many place a wager on each option – moneyline, totals and point spreads, to make their bet slip or bet slips a little more exciting and have back up plans in case their initial bet doesn’t cash.
So why is World Series betting more exciting than regular season betting? There are so many more betting markets and much lower odds. The stakes are high, so you really have to know what you’re doing to profit during the World Series. You won’t see longshot odds of +800 during the World Series, the odds usually sit in the negative, and even the underdog team commonly only has +120 or so.
If you’re looking to bet on the 2023 World Series, you’re in the right place as we have a comprehensive sports betting guide that will help you make the most of your baseball betting dollars when things kick-off at the end of February.
How to Bet on the World Series
There are plenty of betting options available for those who want to place a few bucks on the World Series. The most prestigious and historical championship in professional North American sports, and it doesn’t occur on one evening like the NFL’s Super Bowl – the seven-game series allows for many more bets to be placed.
It’s recommended to familiarize yourself with the betting options available to prime yourself for betting on the World Series.
World Series Moneyline Betting
As the most common betting type in any sport, betting the moneyline during the World Series sometimes tends to be a little more risky – but will likely show a better payout overall if you choose the right team. All you have to do when betting the moneyline is to choose which team will win the game. It doesn’t get much more simple than that. There will be moneyline odds on all games in the series, so you can place a moneyline wager on all seven World Series games (if the series goes that long).
World Series Point Spreads
While point spreads or runlines as they’re called baseball are a little more complex, betting the point spreads during the World Series is extremely popular. The competition is much tougher during the series, and the point spread allows for a slight margin of error. When betting the point spreads on any given World Series game, there will be a favorite and an underdog, and the oddsmaker will release the lines showing what the projected spread will be.
If the spread is -2.5/+2.5 that means that the underdog will have to win the game or lose by less than 2 runs. If you pick the favorite, they will have to win by more than 3 runs.
World Series Totals Betting
Betting on the totals are popular when it comes to betting on the World Series because some bettors simply can’t decide who will win the game, and shouldn’t be limited to those options.
For the totals, or over/under as it’s commonly called, you will need to decide if the total combined runs for both teams in a single game will be over or under the oddsmaker’s line. If the total is 12, you will need to decide if you think both teams will score more or less than that amount collectively.
If you chose the over, and the final score ends up being 7-2, you would lose your bet, and conversely, if the final score is 9-5, you’d win your bet.
World Series Prop Betting
Prop bets or proposition bets are the more fun and unique bets associated with any given MLB game. Props are unusual circumstances or happenings that don’t have anything to do with the outcome of the game, and when it comes to the World Series, there are plenty of them to go around. You can bet on the first team to score, if the game will go into extra innings, and specific player props like if a player will hit a home run or not.
Prop bets are just for fun, and shouldn’t be taken too seriously. The best online sportsbooks offer a huge selection of props in each game in the World Series, providing a much greater variety than any local retail sportsbook would.
World Series Futures Betting
Futures are the most popular betting option when it comes to gambling on the World Series, and for good reason. Sports bettors can get great value betting on the odds to win the MLB title.
Odds to Win the 2023 World Series
The MLB World Series odds as of March 8, 2023:
|New York Yankees||+750|
|New York Mets||+850|
|Los Angeles Dodgers||+850|
|Toronto Blue Jays||+1200|
Many seasoned sports bettors prefer to bet on a couple of Futures, which allows you to place a much riskier wager on the team you believe will win the World Series – far in advance of the series. World Series Futures are released almost immediately after the previous season concludes, and are adjusted as necessary throughout the offseason based on trades and draft picks and change as needed during the regular season.
You will want to keep an eye on injury reports, suspensions and trades throughout the regular season, as they will have a big impact on the World Series futures. For instance, Miles Mikolas, starting pitcher for the Cardinals was placed on the injured list with a season-ending injury to his forearm – and their 2021 odds to win the NL Central division shot from +2300 to +4000.
When you finally enter the MLB Postseason, you will see that the World Series odds have much less value than they did at the beginning of the season or even halfway through the season, because the outcome is much easier to predict as teams get eliminated.
Past World Series Champions
- 2022 - Houston Astros
- 2021 - Atlanta Braves
- 2020 - Los Angeles Dodgers
- 2019 - Washington Nationals
- 2018 - Boston Red Sox
- 2017 - Houston Astros
- 2016 - Chicago Cubs
- 2015 - Kansas City Royals
- 2014 - San Francisco Giants
- 2013 - Boston Red Sox
- 2012 - San Francisco Giants
- 2011 - St. Louis Cardinals
- 2010 - San Francisco Giants
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The end of the regular season will be here before you know it, so you may want to get in on the MLB betting action now, and find yourself some great value on World Series futures. By getting started with a futures wager now, you can get great value and even prime yourself for the postseason by placing a few regular-season wagers in the meantime. You can sign up at one of our trusted online sportsbooks, create an account quickly and easily, and you’re off to the races.
We have a pretty wide variety of online sportsbook reviews, which are crucial to read before signing up for an online sportsbook. There can be some sportsbooks that are less than perfect, and we only want you to use the top online sportsbooks when it comes to betting on an event as important as the 2023 World Series.
Doing plenty of research will help you decide if a sportsbook is right for you - be sure to check out what deposit options are available and if there are any specific baseball or even World Series bonuses available.
Please bet responsibly on the 2023 World Series, and be sure to have a little fun with your wagers.
World Series Betting FAQs
Is it reliable to bet on the MLB World Series?
Reliability in gambling is down to the oddsmakers. If you’re looking for betting odds for the World Series, look no further than our list of reliable recommended bookmakers.
Which is the best sportsbook for the MLB World Series?
We cannot single out one oddsmaker above the rest, as each offers a unique opportunity to enjoy the odds – like World Series prop bets for example.
Are there World Series prop betting markets?
World Series bets come in all shapes and sizes. No less, live markets. You can enjoy a range of World Series betting lines across all top-tier bookmakers.
Can I find live betting markets for the World Series?
If you’re looking to bet on the World Series, specifically on live markets, you’ll find these available at all of our recommended bookmakers.
Is it risky to bet on the World Series?
Betting on the World Series always comes with risks, but it’s certainly possible to win big!