We recently talked about the numerous possibilities for sports betting that there are this time of year. The 2017 MLB season opens this Sunday with a big tripleheader. If you haven’t been paying attention, this is a good start, here’s a summary of the odds for pretty much everything from division winners to who will lead the MLB in home runs. As with the onset of any sports season, there are lots of potential bets to be made.
As the start of the new season draws near, sportsbooks are shifting their focus from basketball to baseball with a number of different futures and prop betting opportunities.
Opening Day is Sunday, all eyes will be on the Cubs and how they follow up their World Series championship when they face the St. Louis Cardinals. Last World Series matchup in October between the Cubs and the Indians was quite memorable,
each of them has a favorable outlook in their divisions for the upcoming MLB season. The Indians are listed as -400 favorites to win the American League Central, something they have done eight times dating back to the creation of the new alignment in 1994. They last won back-to-back division titles in 1999, the last of a five-year streak. Cleveland made two World Series appearances during that stretch, but like last season came up a bit short both times.
The Detroit Tigers (+550) and Kansas City Royals (+675) are the other contenders in the AL Central, and they combined to win the previous five division titles before the Indians finished first in 2016.
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Will the Indians recover from blowing a 3-1 lead in the World Series and yet again contend for the American League pennant?
Want to bet on the Astros to win the World Series? According to Sportsbooks you can get 18-to-1 on your money.
Think Astros shortstop Carlos Correa will win the American League MVP award? Those odds are 16-to-1.
Earlier this week, the offshore sportsbooks posted playoff odds for all 30 MLB teams. The Chicago Cubs, who are the clear-cut favorites to win the World Series, have the best odds of making the playoffs at -1200. Those odds translate into an implied probability of 92.3%.
Although there’s largely a consensus in regards to the league’s top teams, there are some notable discrepancies which could be exploited by bettors. For example odds tracking systems give the Tampa Bay Rays a 26.6% probability of making the playoffs, while their current odds (+400) equate to a 20.0% implied probability. That means the Rays are actually being undervalued by oddsmakers according to the odds tracking systems projections.
Punters should always shop for the best line before placing a wager, and that’s especially true for futures where the price can vary dramatically from sportsbook to sportsbook. It’s also important to note that these props take fairly low limits, and bettors would need to wait nearly six months to get paid out. Follow the best odds as the 2017 MLB season opens at BetRegal.com