2022 World Series: Dodgers, Yankees still favored to win

August 17, 2022

The MLB trade deadline for 2022 has passed, so it's time to take a look at the updated World Series odds.

The New York Yankees, Los Angeles Dodgers, and Houston Astros currently have the best odds of winning the World Series. However, with the new playoff system, anything can happen once the field of 12 teams is decided.

In the futures market, several playoff-contending teams, including the San Diego Padres, took significant actions potentially profitable for bettors.

Yankees have smaller chance of winning

Despite their stellar start to the season, the Yankees have lost steam significantly. At the All-Star break, New York's baseball team was the talk of the league, as they had the best record in the league and the greatest odds to win the World Series. Those times are long over.

The Dodgers have regained their status as odds-on favorites to win the World Series, and they, along with the Astros and the New York Mets, have now passed the Yankees in the overall MLB standings. The Yankees suffered losses in their previous two games, bringing their record to 2-8.

The Red Sox won Sunday at +125, bringing the Yankees' record since the All-Star break to 8-15. New York has won only 24 of its last 54 games since June 15.

Last July, following a 12-5 victory against the Red Sox, the Yankees were 61-23, 38 games above the .500 mark. After a scoreless defeat to the powerful Red Sox on Sunday, New York's record is now 72-43 in 29 games above the .500 mark.

Just before the All-Star break, the Yankees and the Dodgers were tied for the best record in baseball. The Dodgers are on a tear at the moment, and a big eight-game lead over the Yankees has put Los Angeles atop the MLB standings.

With a current record of 75-41, the Astros have a 2.5-game lead over the Yankees. Meanwhile, with a record of 75-40, the New York Mets have a three-game lead over the New York Yankees.

Despite this, the Yankees continue to lead the American League East by a comfortable margin of 10 games over the Toronto Blue Jays. When it comes to winning their division, the Yankees are still heavily favored by oddsmakers at -3500, and they are favored by just as much at +175 to win the American League. But, their chances of winning the World Series have significantly decreased.

Following a 17-game winning streak in late June, the Yankees jumped to +450 to win the 2022 World Series, edging out the previously favored Dodgers who were +500 at the time. The newest World Series odds see Los Angeles surpassing New York for first place.

FanDuel sportsbook now lists Los Angeles as the +310 favorites to win the 2022 World Series with the Houston Astros as second favorites with their +380 odds. The Yankees are now just third there at +440 with the Mets threatening to surpass them at 475 odds.

Odds board, per FanDuel Sportsbook

Los Angeles Dodgers (+310)

Houston Astros (+380)

New York Yankees (+440)

New York Mets (+500)

Atlanta Braves (+1200)

San Diego Padres (+2000)

Toronto Blue Jays (+2000)

St. Louis Cardinals (+3200)

Milwaukee Brewers (+3200)

Philadelphia Phillies (+3200)

Seattle Mariners (+3300)

Chicago White Sox (+3900)

Minnesota Twins (+5000)

Tampa Bay Rays (+5000)

Cleveland Guardians (+6500)

Baltimore Orioles (+12000)

San Francisco Giants (+20000)

Boston Red Sox (+20000)

Several teams, including the Oakland Athletics and Los Angeles Angels, are above the +500000 mark.

Jake Williams
Jake Williams is a sports gambling expert. He's been writing in the sports betting and DFS industry for over a decade. He specializes in MLB and NBA, along with College Basketball and College Football.