Betting on the World Series over the Internet is extremely simple. If you live in a state that has operational domestic books, you can just walk into a casino or use an app to place a wager with the bookmaker. 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.
Looking to get some betting action on the 2020 World Series? SportsbookWire.com has you covered with a full Betting 101 guide to Major League Baseball and the World Series. We’ll be providing game-by-game picks throughout baseball’s 2020 championship series, and here we’ll go over all the key terms you need to know to place a legal, online MLB bet.
Also see:Los Angeles Dodgers vs. Tampa Bay Rays World Series Game 6 odds, picks and best bets
The money line is the most straight-forward bet of all sports bets. Simply pick which team will win a given game. Opposing teams will be expressed as a favorite or an underdog (more on this below) with favorites being given odds of -100 or lower and underdogs generally getting plus-money at odds of +105 or higher.
On against the spread bets, lopsided matchups are handicapped by giving favorites a line of -1.5 or -2.5 for them to win by 2 or 3 runs instead of the outright/straight-up victory.
Underdogs will get lines of +1.5 or +2.5 on the other side, and they’ll need to stay within either 1 or 2 runs in a loss or win outright in order to cover the spread.
The Over/Under asks for how many runs the two teams will combine to score in a game. Odds are typically equal on lines ranging from 5.5 to 9.5 (or higher).
Bet $1 on the Los Angeles Dodgers or Tampa Bay Rays money line, WIN $100 (in free bets) if either team hits a home run during their matchup. Regardless of the outcome, a home run cashes!
Place your legal, online sports bets in CO, IN, NJ and WV at BetMGM, the King of Sportsbooks. Terms and conditions apply. Bet now!
The series line is a form of futures bet asking for the outcome of an event at a later date. Odds will adjust based on the results of each game, injuries or other factors. The closer a team comes to securing the World Series victory, the less profitable their odds will be.
Prop bets can be available for the series as a whole or for an individual game, team or player. These allow bettors to predict statistical accomplishments of players or teams, or winners of awards such as World Series MVP.
The favorite is the team viewed as more likely to win the game. In a regular season, home-field advantage can also factor into the betting odds and lines, though that won’t be the case this year with the World Series being played at the neutral site of Globe Life Field in Arlington, Texas.
Still, the official home team will have the advantage of batting last each game and that’ll be weighed into the odds.
Underdogs are given higher odds to win the game to represent their lower implied win probability. They need to pull the upset and generally are given plus-money odds to do so.
Though it’s unlikely to be seen in the World Series, chalk is the term used for low odds that often aren’t worth a bet due to the risk associated with a very small return on a winning ticket.
With the AL and NL champions meeting in the evenly-matched, best-of-seven World Series money line odds should stay within -200 for the favorites and +200 for the underdogs. A $100 wager would return a profit of $50 or $200, respectively, with a win by either side.
Run line or Over/Under odds will usually be equal on both sides of the lines and can range from a more conservative -105 to -125. The lower the number, the more likely the sportsbook views that result.
Want some action on the 2020 World Series? Place a bet at BetMGM now. For more sports betting tips and advice, visit SportsbookWire.com. Please gamble responsibly.
Follow @EstenMcLaren on Twitter. Follow SportsbookWire on Twitter and like us on Facebook.
Gannett may earn revenue from audience referrals to betting services. Newsrooms are independent of this relationship and there is no influence on news coverage.
Legal World Series betting happens across the globe, with Major League Baseball being a worldwide attraction. The yearly seven-game series is played between the winner of the National League and American League, and is regularly one of the most-watched and bet on sporting events of the year. The World Series gives those betting on baseball’s highest honor all the more opportunities to cash in as well. Each pitch, each hit, and each home run not only cement that player in history but also could be the difference between a win or loss for a baseball bettor. Some of the best players in the MLB come from countries such as Panama, the Dominican, Japan, Mexico, and the Caribbean Islands, all of which are rife with sportsbooks. And while every active sportsbook in America will surely have odds listed for this year’s World Series, not every state has a local sports betting avenue.
However, before you book a trip to another state this October, you should keep in mind that you can legally bet on the World Series from your home. That is because, through online sportsbooks, the best and most expansive lines for the series are right at your fingertips. This is the case whether you’re using a desktop or mobile device. Throughout this guide, we’ll cover how you are able to use these sportsbooks along with what those World Series betting lines mean and the current betting odds for the World Series are.
2021 World Series Betting Odds
The 2020 World Series ended with the Los Angeles Dodgers winning their seventh World Series title and snapping their 32-year drought. Although the 2021 season has yet to start, legal sportsbooks have already listed the odds for the 2021 World Series winner with a familiar face atop the odds board. The Los Angeles Dodgers are favored to be the first team to win back to back World Series titles since the New York Yankees did it in the 1999-2000 seasons. Right behind the Dodgers though are a few teams ready to take the title away from the champions. The World Series betting odds at the top have a few teams listed under +1500 odds.
Odds To Win The 2021 World Series
Betting on Which League Will Win the World Series
Another way to bet on the World Series is by choosing which league will win the title. The MLB has two leagues that are similar to Conferences in other sports. The American League and the National League will send their two best teams to compete in the World Series and instead of betting on the individual teams sportsbooks have given bettors the opportunity to just bet on the league. An advantage of betting on a prop like this is that it allows bettors to bet on the World Series without having to risk just placing bets on an individual team. This is a good way to hedge any bets lost on World Series Betting odds when your team has already been eliminated.
League to Win the World Series
Can I Legally Bet On The World Series?
Yes, and you can do so by a couple of different means. In order to legally bet on the World Series, you can either visit a retail sportsbook in a state that has legalized them or you can simply turn to online offshore sportsbooks. Several states across the country have launched official sportsbooks since the federal prohibition on doing so, known as the Professional and Amateur Sports Protection Act of 1992, was repealed by the US supreme court in May of 2018. Many states are now looking to join the ranks and regulate a sports betting industry in their borders, but the wheels of state government may turn slower for some than others. For baseball fans in that position or any in the country, they will be glad to know that they can still access online offshore sportsbooks without fear of being penalized by their state. These legal sports betting sites have served American bettors for over two decades and have always posted competitive betting lines for the World Series.
Rank | Sportsbook | Bonus Offer | Play Now |
---|---|---|---|
1 | 50% Up To $250 Read Review | Visit Bovada | |
2 | 50% New Member Bonus!Read Review | Visit Betonline | |
3 | 50% Up To $1,000 Read Review | Visit MyBookie | |
4 | 50% Up To $1,000 Read Review | Visit Sportsbetting | |
5 | 100% Up To $300Read Review | Visit XBet |
COVID-19 and the World Series
The coronavirus pandemic has definitely taken a hit on the MLB season as not only did the season start late but there have been several outbreaks of the virus amongst different teams. The coronavirus could certainly impact the World Series if an outbreak occurs on one of the teams or if there are certain players not playing due to it. This is something to definitely take note of when betting on the World Series. If any other updates on the World Series come as a result of the virus, you can find that information here.
Where To Bet On The World Series
Depending on where you live, there could be numerous places to bet on the World Series. There are now over a dozen states that have retail sportsbooks in some form or another. Some state’s allowed their commercial casinos to build a sports betting parlor in their establishment, while others gave that right exclusively to their tribal casinos. In each of these venues, you can surely find odds for the World Series at any point in the year. Some states even have regulated online/mobile sports betting platforms so you could bet on the World Series from anywhere inside the border of the state.
However, for most of the country, this luxury doesn’t quite exist yet. That doesn’t mean they can’t find somewhere to bet on the World Series. They simply have to turn to the internet to find all the latest World Series odds through online offshore sportsbooks. These sites have World Series odds for every team in the MLB and can be accessed from anywhere you are as long as you have an internet connection. Sites like BetOnline, Bovada, and SportsBetting have been the go-to place for MLB bettors for the better part of two decades now. While there are many sports going on at the same time as the World Series, these online sportsbooks have never missed a beat and offer odds for each game in the series.
How To Bet On The World Series
World Series Runlines – This wager type is essentially like betting on the point spread. The favorite to win that particular World Series game will be signaled with a minus sign and the underdog will have a plus sign. The number attached to the favorite will be the number of runs they have to cover, while the underdog only has to make sure they come within that number. For example, let’s say the Red Sox are favored at (-2.5) against the Dodgers who are listed at (+2.5). The Red Sox will have to win the game by three or more runs in order for a bet on them to pay out. Meanwhile, the Dodgers can either win the game outright or lose by no more than three points for a bet on them to pay out.
World Series Straight Moneylines – This wager type is arguably the simplest one to make. With this bet, you are simply picking who you think will win the game, no matter what the final score is. Favorites and underdogs are still assigned, however, that is determined by the potential payout for picking that team. For example, if the Houston Astros and the Cleveland Indians are playing in the World Series, one of the games may have the Astros favored at (-150) betting odds to win the game while the Indians are at (+125). This means that you would need to bet 150 dollars on the Astros in order to win 100 dollars, while a hundred dollar bet on the Indians would payout 125 dollars. These are not the minimum amounts you have to bet, rather they are a representation of the payout ratio. Some online offshore sportsbooks will take in World Series bets for as low as 50 cents.
World Series Totals Bets – This is an interesting bet type because it isn’t actually concerned with who wins or loses the game, rather, how many points will both teams combine to score at the end of the game. Let’s suppose the Yankees and Phillies are playing in the World Series and the line is set at 7.5 for the first game of the series. Your bet will be whether or not you think the combined final score will go “over” 7.5 points or “under” 7.5 points. This bet type is best if you’re not really sure who is going to win the game but you know how the match is going to be contested. The reason that these come with half points is to ensure that that the sportsbook doesn’t predict the amount exactly because that would effectively result in a “push” meaning that they would return all bets from either side of the line.
Other Ways To Legally Bet On The World Series
World Series Player/Team Props – Player props and team props for the World Series aren’t necessarily concerned with the outcome of the game at all, but instead how the some of the stats in the game shakeout. Common player prop bets will include how many home runs a certain player will get, how many strikeouts a pitcher will get, or how many innings a pitcher will play to name a few. Team props are similar, but they don’t necessarily count which player attributes to the overall stat. Common team props that are featured for the World Series are total team hits, runs, or RBI’s for any given game.
World Series Future Bets – Future bets for the World Series are some of the most popular wagering types. A very common example of a future bet is picking who you will believe will win the series and in how many games, before the series actually begins. Placing this bet from the start will sometimes grant you the highest possible payout. Although, if you place a bet on a team that’s down 3-1 in the series to come back and win in game seven and you get it right, you can look forward to a substantially large winning bet. World Series Future bets also aren’t restricted to October, as betting lines for an MLB champion can be found all throughout the regular season and into the postseason.
Mobile Betting On The World Series
Mobile betting is one of the best ways to get in on the action as everyone you stand becomes a location for sports betting. All the same World Series odds you would find at a retail land-based sportsbook is available from mobile betting apps and websites. You do not need to travel to a physical sportsbook to take action on the World Series. Every year, the World Series will bring in several betting odds, prop bets, wager types, and other winning opportunities. You do not have to miss out on betting on the World Series simply because you do not have time to take off work and travel to a physical casino. You can bet on the World Series from the palms of your hands thanks to mobile sports betting.
World Series Live Betting
As if the World Series itself wasn’t enough to excite you, World Series live betting will keep you on the edge of your seat for every single game no matter what the score. Live betting on the World Series unlocks the door for even more wagering possibilities and allows you to potentially win big on events that are happening within a game as it is being played in real-time. Every pitch, every hit, every steal, and every second of the game is another chance to place a bet, but you have to be quick. Live betting lines for the World Series are updated continuously throughout the game so once the odds change they won’t come back. So while some may think baseball is a slow game, bettors will have to make fast decisions and find out almost instantly how those decisions pan out.
The Difference Between Land-Based & Online Sportsbooks
As mentioned before, not every state has land-based sports wagering facilities. However, that is not the only factor when comparing the difference between land-based and online sportsbooks. Right off the bat, the most glaring difference between the two comes in terms of costs. Land-based sportsbooks often come with the price of gas to get there or possible plane ticket, expensive food and drink once you are there, potentially weighted lines when you try to bet, and a possible mandatory stay if it’s at a private resort. Since the World Series is a best of seven matchup, this could also potentially extend your visit or cause you to travel back and forth to one.
When it comes to online sportsbooks, specifically those located offshore, signing up is free and you can do it wherever you are. To add to this, you can even qualify for bonuses by simply depositing money into your account, giving you greater funds to be able to place your World Series bets. The number of betting lines also tends to be more expansive than land-based sportsbooks, and because the sites are operated overseas, you never have to worry about weighted lines that home team biases make.
Not only is it worth it to shop lines for the World Series, but it is worth doing for any game you’re thinking of putting action on. The reality is that not every sportsbook will post the same odds for the same World Series game. Some may have a team listed at (-130) to win a World Series game while the next sports betting site may have the same team favored at (-150). By simply taking the time to compare odds you could save yourself 20 dollars. The best online offshore sportsbooks will allow you to view their lines for free and becoming a member of these sites also comes with no cost.
There are plenty of sportsbook bonuses for the World Series when using an online offshore sportsbook. They technically have bonuses that are available all year round and what you earn from those can be put directly into your World Series bet. State-regulated sportsbooks may also have bonuses, but more often then not, they won’t have as many as their online competition. For example, offshore sportsbooks can give you bonuses for using cryptocurrency, while state-regulated platforms can’t.
Just like deposits, this will depend on if you plan to use a state-regulated online sportsbook or one that operates overseas. For those that use options provided by their state, you may be able to receive your payouts through digital wallets such as Neteller, Skrill, or PayPal. However, other states that have their online sportsbooks provided by casinos, may require you to actually go to the casino itself to pick up your cash. You may also have to call and ask those casinos if they can mail your check instead if you are just visiting and forget to cash your ticket.
When it comes to online offshore options, payouts are received much in the same way that deposits are made. This means requesting a check sent to you, a bank wire, or a money order. Two important aspects to note is that if you can not request your winnings via Bitcoin or cryptocurrency if you didn’t make your deposits through that method and you can not receive your payout to be sent back to your debit or credit card. There is a cashier that you can contact at these sites to be able to help you in the event that you have trouble withdrawing your funds.
It depends on the state but most states require you to be at least 21 years old to bet on sports. This includes the World Series. If you are of legal age you can find access to betting lines at the many online sportsbooks on offer. If you are underage you will be unable to bet on the World Series as no sportsbook international or regulated will allow you to make an account. Some states require you to be 18 years old. It is best to research the state you wish to bet in before you attempt to bet on the World Series.
As much as your heart desires. Each site will only let you create one account, but they do not prevent you from going to another online sportsbook in order to bet on the World Series. It is actually recommended that you have an account with multiple sites because then it allows you to shop lines, allowing you to save money and potentially win more on your World Series bet.