Los Angeles Dodgers Betting Odds 2024
Big market MLB teams always have success because of their ability to spend money on players. The Dodgers have been one of the best big market franchises in baseball for years. Coming off their 2020 World Series win, they will be looking to repeat their achievement as they keep the majority of their championship roster with free-agent additions, including stars like Max Scherzer and Trevor Bauer being added to an already stacked bullpen.
If you are looking to bet on the Dodgers, you have come to the right guide. In this manual, you will learn everything you need to know about Dodgers betting and find the best Dodgers odds to win wagers on the team frequently.
Dodgers Odds to win the World Series
The World Series is the pinnacle of baseball. Young boys grow up dreaming about hoisting a World Series championship and being professional baseball players. The Dodgers have been relatively successful when it comes to winning championships.
| MLB World Series Winners Odds |  |  |  |
| Los Angeles Dodgers | +400 | +400 | +400 |
| New York Yankees | +700 | +700 | +700 |
| Atlanta Braves | +750 | +750 | +750 |
| Philadelphia Phillies | +1000 | +1000 | +1000 |
| Baltimore Orioles | +1100 | +1100 | +1100 |
| Houston Astros | +1300 | +1300 | +1300 |
| New York Mets | +1400 | +1400 | +1400 |
| San Diego Padres | +1500 | +1500 | +1500 |
| Texas Rangers | +2800 | +2800 | +2800 |
| Seattle Mariners | +2800 | +2800 | +2800 |
| Cleveland Guardians | +2800 | +2800 | +2800 |
| Minnesota Twins | +3000 | +3000 | +3000 |
| Arizona Diamondbacks | +3000 | +3000 | +3000 |
| Detroit Tigers | +3000 | +3000 | +3000 |
| Chicago Cubs | +3500 | +3500 | +3500 |
| Boston Red Sox | +3500 | +3500 | +3500 |
| Kansas City Royals | +4000 | +4000 | +4000 |
| Milwaukee Brewers | +4000 | +4000 | +4000 |
| Cincinnati Reds | +6000 | +6000 | +6000 |
| Toronto Blue Jays | +6000 | +6000 | +6000 |
Los Angeles is always a hefty favorite in the National League West, and this dominance typically translates to October when the world champion is decided. The Dodgers have won seven World Series championships, with their latest coming in 2020. They defeated the Tampa Bay Rays four games to two breaking a 42-year dry spell.
| Odds to Win NL Pennant | |  |  |
| Los Angeles Dodgers | +275 | +300 | +275 |
| Atlanta Braves | +350 | +325 | +325 |
| Philadelphia Phillies | +550 | +550 | +550 |
| New York Mets | +1100 | +1200 | +1100 |
| Arizona Diamondbacks | +1400 | +1400 | +1400 |
| Chicago Cubs | +1700 | +1600 | +1600 |
| San Diego Padres | +1600 | +1600 | +1600 |
| San Francisco Giants | +1800 | +1800 | +1800 |
Los Angeles had been to the World Series since 1988, but they were unable to deliver in the big moments of games. However, this is better than many teams in professional baseball that have never been to or won a World Series.
Vegas betting odds in Dodgers betting odds for the World Series will vary after every game. Future bets are a great way to yield a massive profit, and if you bet Los Angeles to win the World Series, it would be a substantial wager.
With World Series future bets, you always want to put money on teams that have been to the fall classic. Baseball is a cyclical sport meaning that the good teams cycle through the World Series and the bad teams usually never end up playing October baseball.
The earlier you lock in a bet on the Dodgers to win the World Series, the better. This is because the Dodgers’ odds today may be better than the team’s line tomorrow. Future odds fluctuate drastically, so it’s beneficial to make quick decisions.
The Dodgers will have the best odds for bettors before a season begins. In betting, time kills all deals, so people are rewarded for making wagers a long time in advance. This is also beneficial because a smaller risk amount will yield a larger return.
For example, if you bet the Dodgers to win the World Series in the playoffs, the odds would be lower because they are already in the postseason. If you bet them in April to win the fall classic in October, the odds would be much higher, resulting in a greater payout.
If you are not sold on the Dodgers in a given year, this is fine, but you should never forget about Los Angeles when looking at Vegas betting odds.
Dodgers Betting Odds
Baseball is a great sport to bet on because there are games every night of the week for months. This gives bettors a lot of chances to win big on the sport. Some sportsbooks offer a limited number of betting odds, but if you choose the right platform, there will be thousands of chances to bet on the Dodgers during a season.
In baseball and all sports, there are a variety of wagering markets. Dodgers betting odds will be displayed in these various markets. The most common bets that you will find for Los Angeles and all MLB franchises are traditional wagers.
The traditional wagers are the money line, spread or run line, and over/under. The standard bets will be displayed front and center on the sportsbook when you bet on the Dodgers. The money line is when you wager a team to win.
The run line is when you bet on a team to win by a certain number of runs or be within a favorite. The total, or over/under, is when you bet on the number of runs that will be scored in a game.
People bet on these markets every night of the week, but there are other betting markets that you should watch closely. Baseball betting begins before a season even starts with preseason future bets. As soon as the World Series concludes, oddsmakers start listing the betting lines for four teams to win the following year’s fall classic.
Preseason future bets go well beyond a team’s chance to win the World Series. Depending on the platform you utilize, you can bet on all the end-of-season awards, managers who could be fired, division winners, total team wins, and so much more.
When betting on the Dodgers, you will find great odds before the season begins. This makes it critical to place bets in a timely manner. One market where you can find value is the end-of-season awards.
Los Angeles typically has a good club with star players because of the amount of money they spend. Star players are expected to win awards for their performances. There is usually a player for Los Angeles in the Cy Young or MVP race, which makes this future market appealing.
It’s also important to remember that Dodgers betting odds will shift frequently. They alter during the season and when making bets in the preseason. Offseason acquisitions, injuries, and a variety of other things can affect odds. If you remember this fact and act swiftly while keeping up to date with the latest MLB news, you will have a lot of success betting on the Dodgers.
How to Read Dodgers Betting Lines
Dodgers betting lines can be slightly complicated at first glance. However, the more practice you get viewing betting odds and lines, the better gambler you will become. Every single betting market that you will see listed on a sportsbook for Los Angeles will have corresponding odds.
When learning how to read Dodgers betting lines, the best place to start is with the traditional markets. The money line is when you bet on MLB teams to win a game. The only thing that matters at the end of a competition is the final score for this market.
In a game, a favored team always has negative betting odds. This means an underdog has positive betting odds. A favorite is more likely to win a game, but bettors will receive a smaller payout because it’s less risky.
If you take the same stake and put it on an underdog, your payout will be greater because you were taking on a higher risk. The same goes for favorites and underdogs on the run line and total.
In baseball, the Dodgers are always going to be +1.5 or -1.5. These numbers always reflect the spread in baseball. The same goes for a sport like hockey, but there will be different spreads in football and basketball.
If you bet Los Angeles at -1.5, they must win by two runs or more for your bet to be successful. If you wagered Los Angeles at +1.5, the team must be within one run of the favorite or win the game for a winning slip.
All spreads have corresponding odds to determine your final payout. A possibility that you may find on a sportsbook would be 1.5 (+100). If you chose the Dodgers with these odds, you would receive a $200 payout on a $100 stake.
For the total, there will be a listed number from oddsmakers. As a bettor, you must determine if the game score will go over or under that amount. There will also be odds associated with totals, so you know your payout if the bet is successful.
Betting slips on sportsbooks calculate your payout, so you do not need to know the math behind the conversions. This is the most confusing part about odds, but sportsbooks make lives easier.
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