The ring is the thing. Baseball's ultimate goal is the World Series, but you have to make it to October before you can start planning the parade. With expanded playoffs, the field is more wide open than ever before. And like always, you can still wager on one of the simpler markets available: will a team make the playoffs?
So let's look at a simple yes/no betting market and each team's MLB odds to reach baseball's postseason this October.
2024 MLB playoff odds
| Team | Yes | No |
|---|---|---|
 Los Angeles Dodgers |
-10,000 | +2,200 |
 Atlanta Braves |
-5,000 | +1,700 |
 Philadelphia Phillies |
-1,400 | +900 |
 New York Yankees |
-800 | +600 |
 Baltimore Orioles |
-450 | +370 |
 Chicago Cubs |
-250 | +210 |
 Seattle Mariners |
-210 | +175 |
 Texas Rangers |
-210 | +175 |
 Cleveland Guardians |
-155 | +130 |
 Minnesota Twins |
-145 | +125 |
 Milwaukee Brewers |
-135 | +115 |
 Arizona Diamondbacks |
+155 | -180 |
 Houston Astros |
+170 | -200 |
 New York Mets |
+180 | -215 |
 Tampa Bay Rays |
+180 | -215 |
 Detroit Tigers |
+200 | -240 |
 San Diego Padres |
+200 | -240 |
 Toronto Blue Jays |
+215 | -255 |
 Kansas City Royals |
+225 | -270 |
 San Francisco Giants |
+270 | -330 |
 Cincinnati Reds |
+275 | -330 |
 Boston Red Sox |
+290 | -360 |
 St. Louis Cardinals |
+320 | -400 |
 Pittsburgh Pirates |
+600 | -800 |
 Los Angeles Angels |
+2,200 | -10,000 |
 Washington Nationals |
+2,200 | -10,000 |
 Oakland A's |
+2,500 | -20,000 |
 Miami Marlins |
+2,500 | -20,000 |
 Chicago White Sox |
+2,500 | -20,000 |
 Colorado Rockies |
+2,500 | -20,000 |
Odds courtesy of DraftKings as of 5-8-24.
MLB playoff odds analysis
The Los Angeles Dodgers rebounded from a tough patch to remind everyone who the hell they are. At 25-13, L.A. leads the NL West by 6.5 games. Part of this is due to the San Diego Padres, Arizona Diamondbacks, and San Francisco Giants playing rather uninspiring baseball, but it has more to do with Shohei Ohtani and Mookie Betts being unbelievable.
The Los Angeles Angels were briefly off the board after Mike Trout's injury and are now trading at a lofty 22/1 to reach October. With Ohtani on the Dodgers, no one expected the Halos to be competitive and without Trout, it's about as dire a situation as it can get.
The St. Louis Cardinals had a rare down year in 2023, forcing the front office to make offseason changes. Well, so far, those alterations haven't worked and they're hurtling toward a second consecutive losing season for the first time since 1994-95.
The Minnesota Twins have won eight of 10 and the best value is gone. The Twins were favored to win the AL Central before Opening Day
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MLB Postseason format
The MLB playoffs expanded in the 2022 season, adding an extra wild card to both the AL and NL, making it a total of 12 teams in the postseason.
The new format will see the top two division winners in each league (Seeds 1 and 2) get a first-round bye, while the third-best division winner (Seed 3) will host the third wild card (Seed 6) — and the two remaining wild cards (Seeds 4 and 5) will face off — in a three-game series.
Following the Wild Card Round, the No. 1 seed will face the winner of the two wild cards (Seeds 4/5), while the No. 2 seed will face the No. 3 vs No. 6 winner in the Divisional Round.
If the second-best record in the league does not come from a division winner (e.g. the San Francisco Giants in 2021), they will remain the top wild card — and not get a first-round bye.
MLB Postseason Odds FAQs
The Atlanta Braves have the best odds to make the playoffs.
MLB expanded its postseason for 2022 by adding an extra wild card to each league, meaning 12 total teams now make the MLB playoffs.
With the MLB regular season set to conclude on September 29, the playoffs are tentatively scheduled to get underway on October 2.
The 2024 World Series doesn't have a specific start date just yet.
