2021 AL Pennant Futures
|New York Yankees||+275||+275|
|Tampa Bay Rays||+575||+575|
|Chicago White Sox||+650||+650|
|Toronto Blue Jays||+1700||+1700|
|Los Angeles Angels||+2000||+2000|
|Boston Red Sox||+2200||+2200|
|Kansas City Royals||+5000||+5000|
Tracking the Odds to Win the American League Pennant
The 2020 MLB season may have been a short one, but it wasn’t short on excitement. This was especially true for intrepid bettors who acted early and bet on the long-shot Tampa Bay Rays to win the 2020 American League Pennant. While pre-season favorites like the New York Yankees and the Houston Astros fell short of living up to the hype, the Blue Jays, Twins, and Oakland A’s were among the American League teams that were pleasantly surprising. So, what does the upcoming 2021 have in store for us?
According to the opening odds to win the 2021 AL Pennant, the New York Yankees are favored to represent the American League in the Fall Classic. An appearance in the 2020 World Series has earned the Rays plenty of respect from the bookmakers too. Other forerunners include the Minnesota Twins, Chicago White Sox, Oakland Athletics, Cleveland Indians, and the Houston Astros.
The odds get a lot longer after that with the Blue Jays, Angels, and Red Sox opening at anywhere between +1700 and +2500 to win the AL Pennant. Those who like betting on the biggest of underdogs can get a decent price on the likes of Baltimore, Kansas City, Seattle, and the Detroit Tigers. Bookmakers project the Texas Rangers to finish at the bottom of the AL heap. Interestingly enough, the Rangers, Tigers, and Royals have each won the American League Pennant within the last decade.
If you are a believer in history repeating itself, a wager on the New York Yankees will be tempting. The Pinstripes have won the American League Pennant a whopping 40 times since 1921. However, their last AL Pennant came back in 2009. They have failed to live up to expectations in recent years despite getting so much respect from bookies. After making quick work of the Cleveland Indians in the 2020 AL Wild Card Series, the Bronx Bombers fell to Tampa in the ALDS.
Even though the Houston Astros have rightfully earned villain status, they are still a legitimate World Series threat. They have won the AL Pennant in two of the past four years. They came within one game of making their third World Series appearance in four years but lost game seven of the 2020 ALCS to the Rays.
We still have a long time to go before the 2021 ALCS kicks off. That means that baseball bettors have loads of time to contemplate their AL Pennant wagers. The odds will see plenty of changes as we head into spring training and the regular season. There will be even more changes throughout the regular season and into the playoffs. We will track and update the American League Pennant odds all the way through.
2021 NL Pennant Futures
|Los Angeles Dodgers||+180||+180|
|San Diego Padres||+550||+550|
|New York Mets||+900||+900|
|St. Louis Cardinals||+2000||+2000|
|San Francisco Giants||+4000||+4000|
Tracking the Odds to Win the National League Pennant
Betting on favorites doesn’t always pay off. Ask any experienced sports bettor. But, that’s not to say they never do. Take the 2020 Los Angeles Dodgers as an example. The opening odds for them to win the National League Pennant were about +120. For those who don’t understand odds, being listed at +120 in a 15-horse race usually makes you a pretty significant favorite.
In the case of the 2020 National League Pennant odds, the next best opening odds belonged to the Atlanta Braves who were priced at +800. The Mets, Nationals, Cubs, and Reds weren’t too far behind. As it turned out, the Dodgers defeated the Braves in an exciting seven-game NLCS. The Dodgers proceeded to beat Tampa Bay in the World Series. Yes, betting favorites sometimes pays off.
It probably won’t shock any baseball fan to learn that bookmakers have once again pegged the Dodgers to win the NL Pennant in 2021. This is a team that has won the NL League Pennant in three of the last four years.
They are arguably a modern-day powerhouse that boasts lethal bats and potent pitching. However, the National League is far from being a one-horse race. Bookmakers also have high expectations for the Padres, Braves, and Reds. To a lesser degree, bookmakers are also giving the Cubs, Mets, Nationals, and Cardinals a fair deal of respect.
The 2020 MLB season also showed us something else: Don’t completely disregard the long shots. Perhaps the best example of this was provided by the Miami Marlins who were listed at +20000 to win the National League Pennant. That’s an implied probability of 0.5%. Of course, they didn’t win it, but they sure made things interesting.
They somehow managed to claim the sixth seed in the NL standings before dispatching of the Chicago Cubs in the NL Wild Card Series. They finally fell to the Atlanta Braves in the NLDS. Miami’s performance got the attention of bookmakers who have opened them at +2500 to win the 2021 NL Pennant.
Baseball futures bettors can absolutely expect these odds to change as we lead up to the beginning of a new season. The odds will continue to bounce around throughout the season and into the playoffs. We will track and update the National League Pennant odds through it all.