Futures markets offer odds on events and markets that cannot be settled until a specific future date, often at the end of the season. There are futures markets available for the World Series every year that you can bet on both before and during the campaign. Their odds can change massively during the season depending on the performances of certain teams and players.
Sportsbooks offer World Series futures odds for every one of the 30 teams in Major League Baseball (MLB) to win that year’s World Series, based on the perceived likelihood of each team doing so. For example, a broad favourite like the New York Yankees may start the season with +250 odds to win the World Series, while a perceived underdog like the Baltimore Orioles will likely have longer odds in the region of +4000 to +5000. However, if the Yankees had a particularly poor start to the season or the Orioles enjoyed a winning start, these odds will likely change.
Every team is given a positive betting value in the World Series winner futures market, seeing as not even the best teams are favoured enough to warrant being given a negative betting value. Remember that World Series futures markets often have more than one favourite, and more favourites means more appealing odds for sports bettors due to the level of competition.
Other futures available for the World Series include betting on which player will win World Series MVP and how many games there will be in the World Series itself.