2024 MLB Playoff Odds: Updated MLB Playoffs Series Odds and Betting Lines

The latest MLB playoff series odds, as we've whittled 12 teams down to two in who's left vying to become World Series champions.

Jason Wilson - Publishing Editor at Covers.com
Jason Wilson • Publishing Editor
Oct 30, 2024 • 08:31 ET • 6 min read
Gleyber Torres New York Yankees MLB
Photo By - USA TODAY Sports

We've got a true Fall Classic on our hands with two of the most storied franchises in MLB history dueling for a record 12th time in the 2024 World Series.

While the matchup is a dream scenario, the results have been strangely one-sided. Despite myriad injuries, the Dodgers have jumped out to a 3-1 series lead.

Here are the current World Series odds: Game 5 is slated for tonight, and the Dodgers are one win away from claiming their eighth title in franchise history.

2024 World Series odds

Team DraftKings FanDuel bet365
Yankees New York Yankees +1,100 +1,220 +1,000
Dodgers Los Angeles Dodgers -2,000 -2,000 -2,000

MLB playoff odds analysis

New York Yankees vs Los Angeles Dodgers series odds

Team To win To win in 4 To win in 5 To win in 6 To win in 7
Yankees New York Yankees +660 N/A N/A N/A +660
Dodgers Los Angeles Dodgers -950 N/A +116 +195 +550

By winning Game 4, the New York Yankees took the first step to potentially making history by becoming the first team to ever win the World Series after trailing 3-0 in the series.

However, the Los Angeles Dodgers won't be relying on a bullpen game tonight. Despite the loss, the Dodgers didn't burn any of their top bullpen options (Michael Kopech, Blake Treinen, or Brusdar Graterol) and will hope Jack Flaherty can pitch them to victory after being solid in Game 1 (though that game was ultimately won via walk-off).

Gerrit Cole will get the chance to hold off the seemingly inevitable, but this series still firmly favors the Dodgers. 

All series odds courtesy of FanDuel.

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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

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Jason Wilson Covers.com
Publishing Editor

Jason Wilson is an experienced journalist who has worked in a variety of roles within the industry for the past 18 years. Working at community newspapers in New Brunswick, Jason wore many hats as a reporter, editor, and photographer, covering everything from sports to courts to municipal politics. After shifting gears and working as an educator for a few years in the 2010s, Jason returned to full-time work in media as an MLB news editor for six years at theScore in Toronto before joining Covers in late 2021.

He has honed his editorial acumen over his years in the industry, showcasing flexibility, patience, and a strong work ethic. While he was relatively new to sports betting upon joining Covers, Jason has taken the plunge with gusto to learn the ins and outs of the industry, both as a method to improve professionally and to add an extra angle to his sports fandom.

In addition to sports, Jason is an avid film nut and former movie critic who monitors the Academy Awards betting odds for Covers. Jason holds a Bachelor of Arts in journalism degree and a Bachelor of Education degree from St. Thomas University.

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