World Series Odds and Action Report
The Los Angeles Dodgers won the World Series championship on Wednesday, October 30.
The Los Angeles Dodgers clinched their eighth World Series title with a thrilling 7-6 victory over the New York Yankees in Game 5.
Oddsmakers from Caesars Sports, BetMGM and more discussed the resolution of the 2024 World Series futures market.
The Mattress Mack Effect
Through five innings of Saturday night’s Game 6, neither team could plate a run. Then Philly got a Kyle Schwarber solo shot to take a 1-0 lead in the top of the sixth inning. That gave Phillies fans – and risk room managers – a little ray of hope that maybe Philadelphia could at least push this to Game 7.
But Houston responded with a four-run bottom of the sixth, beginning with a Yordan Alvarez three-run bomb, to take a 4-1 lead and never looked back.
Caesars then paid out $30 million on McIngvale’s $3 million Astros 10/1 bet, a wager made in May. It’s the largest win on a single sports bet in U.S. legal, regulated sports betting history.
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“What can we say? We just wrote the biggest check in sports betting history to Mattress Mack,” Caesars Digital COO Ken Fuchs said. “Would we do it all again? You bet.”
WynnBet was on the hook for the second-largest Mattress Mack ticket, $1 million at 12/1 odds, also taken in May. So that accounted for another $12 million.
BetMGM took a $2 million McIngvale play at 5/1 in July, for a $10 million net win. Other books had $1 million bets at 5/1, including BetFred.
Said BetFred CEO and founder Fred Done, in congratulating McIngvale: “You had the guts, the balls to put your money on the line. You put $1 million on the Astros with me at 5/1. They’ve won, you deserve your money, I’m paying you.”
2024 World Series Odds
The bookmakers wait for no one, so 2024 World Series futures odds have already been up for a week or more at some spots. BetMGM has the Los Angeles Dodgers as the favorite, followed by the Braves. Then come the New York Yankees and Houston Astros.
Los Angeles was the odds-on favorite throughout the 2022 season, but tumbled to the San Diego Padres in the NLDS. Atlanta won the 2021 World Series, but bowed out to the Phillies in this season's NLDS.
The Yankees fell to the Astros in the ALCS.
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