Tennessee may not have a Major League Baseball franchise but lots of Tennesseans still enjoy the “Fall Classic.” Now that Tennessee has legalized sports betting within its borders, you can add that element to your World Series enjoyment.
Legal online sportsbooks in TN, like in many other states, know that the World Series is one of the most popular betting events of the year. For that reason, they offer many different ways to bet it.
We’ll cover all those types of baseball bets, how MLB’s postseason structure works, and the best strategies for betting on the World Series.
You don’t have to wait until the actual World Series each season to bet on it. For those who want to get some money down early, try futures betting. As soon as the World Series concludes each year, you’ll see odds on which MLB team will claim the title in the following season go live. These are called futures markets.
Usually, you’ll see all 30 teams and corresponding World Series betting odds. It’s typical for the two teams that played in the previous season’s World Series to have the shortest odds to win the championship the next year.
Below are the current futures odds for the 2021 World Series champion as posted at TN online sportsbooks. You can find more MLB futures markets by using the drop-down menu. Markets include division titles, wild cards, and win totals. Click on any odds to go directly to the online sportsbook and claim your free bets.
Sportsbooks post these lines well in advance of seasons’ opening dates. The trick with futures markets is placing your bet at the right time to get the best odds. Many factors can move these lines as the season progresses.
There are three different events that fall under the umbrella of MLB World Series betting. The three events are:
If you choose to bet on the entire series, you’re likely to find a variety of markets for that. Examples of such offerings by TN’s sports betting apps will include but aren’t limited to:
If you prefer to limit your betting to one game in the series at a time, you’ll add a new element to your choices. These are called in-game or live bets. Examples of markets for single games include:
Some bettors prefer to do all their betting in-game or live. Baseball betting lends well toward this because there are many in-game events that you can wager on like the results of individual plate appearances.
The most successful bettors who go all-in on the World Series diversify their plays, focusing on the best odds. If you’re new to betting on baseball, here are some examples of actual odds you will see at TN sportsbooks:
|Los Angeles Dodgers||-120||-2.5 (-110)||O 8.5 (-110)|
|Tampa Bay Rays||+180||+2.5 (-110)||U 8.5 (-110)|
Reading from left to right, you’ll find the moneyline or straight betting odds. In this market, you’re simply picking one team or the other to win this particular game.
The spread is the margin by which a team will lose or win a game. In this case, if you were confident that the Los Angeles Dodgers would win this game by at least three runs, you would bet Los Angeles -110.
That -110 tells you how much you need to bet in order to make $100 in profit on your wager. Positive odds, like the moneyline on the Tampa Bay Rays winning this game, tell you how much you would profit if you bet $100.
The total is the sportsbooks’ prediction on how many runs both teams will combine to score in this game. If you were certain the Rays and Dodgers would combine for eight runs or fewer, you would take the under at -110.
You might be wondering what the .5 is about in the spread and total since it’s impossible to score half of a run in baseball. That’s called a hook. It acts to prevent the sportsbook from having to grade your bet a push. since a team can’t win by half a run, there is no way
Now that you know how to read moneyline bets, point spreads, and totals lines, let’s move on to in-game bets. The markets themselves will look very similar to straight wagers. Here’s an example from the 2018 World Series:
|Game 2 Bottom 3rd inning 1 out||Result||Odds|
|Cody Bellinger plate appearance||Double||+200|
|Hit by pitch||+240|
This is the market on the result of a single plate appearance. To place a wager here, you select which of the listed potential outcomes you think is most likely. The odds correspond to the choices.
Finally, some sportsbooks will get creative with the number and types of prop bets they will offer on the World Series. Here’s another example of such a market:
|2020 World Series||Result in Games|
|Rays 4-0 (+2,000)||Dodgers 4-0 (+1,500)|
|Rays 4-1 (+1,500)||Dodgers 4-1 (+1,000)|
|Rays 4-2 (+1,000)||Dodgers 4-2 (+500)|
|Rays 4-3 (+2,500)||Dodgers 4-3 (+2,000)|
In this prop, you’re wagering on the series score. You’re likely to see these types of markets up as soon as the American League and National League champions win those series each year.
There are two primary reasons why lines on futures markets will move. Those are developments pertaining to the outcome and how bettors are betting on a market.
Examples of developments that pertain to the outcome include actual on-field performance, coaching changes, free-agent acquisitions, player injuries, and trades. The coronavirus pandemic of 2020 is a great example of an unexpected development impacting the sport.
The other reason has to do with the behavior of bettors like yourself. In an ideal world for sportsbooks, the money on all sides of a market would be completely even. That way, the sportsbook collects revenue no matter what the actual outcome.
The world is rarely ideal, however. Sportsbooks will adjust lines if too many wagers are coming down on one side of a market. That not only limits their liability but entices bettors to even up the money.
In similar fashions, markets will shift on in-game wagers, moneylines on individual games, and props on playoff series. Again, how bettors are wagering and news relevant to the events play major roles.
To stay in the game, you need to keep your eye on the markets and the news like a pitcher checks on a batter. Part of betting successfully is being informed.
The MLB playoffs are a 10-team tournament that happens after the regular season. Teams play one game and a five- or seven-game series to decide which team moves on.
To determine which of its 30 teams enter the tournament, MLB uses a system in which it divides the 30 teams into two leagues and three divisions of five teams within those leagues.
The two leagues are the American and National Leagues. The divisions are called East, Central, and West. At the end of each regular season, the teams with the best winning percentages in all six divisions qualify for the playoffs.
MLB then takes two non-division-winning teams in each league with the best winning percentages and grants them wild-card berths. Those two teams play each other in a single-elimination contest.
The winner of that game moves on to play the division-winning team in its respective league with the best regular-season winning percentage in a best-of-five series. The two other division-winning teams in each league play each other in the same format. That round is called the divisional series.
The four teams that win their divisional series then play the other team in their respective leagues that did the same in a best-of-seven games contest. That’s called the league championship series.
The winners of the LCS series then get AL or NL champion trophies and play each other in the World Series. The World Series is also a best-of-seven games affair.
The best strategy for betting on any sporting event is to do your homework. You should approach all betting markets as though the odds are stacked against you.
For World Series and other futures markets, the earliest lines are usually the best. As sportsbooks gather more information they improve the chances of keeping your money.
Another good sports betting strategy is to walk before you run. While you’re building your own handicapping models, it’s best to be conservative with your wagers so you can fine-tune your approach before you take on big or a lot of wagers.
The World Series first emerged under that title in 1903. Some of the teams to claim a championship in the contest no longer exist or have changed their locations and names since.
Here is the list of current MLB teams that have never won a World Series, whether in their current locations or under their current names or not:
The Seattle Mariners are the only current MLB franchise to never appear in a World Series. The other five teams on this list have played for a World Series title at least once.
Yes. As long as you are at least 21 years of age, physically located within the state’s borders, and using a licensed sportsbook, it’s completely legal.
There are no brick-and-mortar sportsbooks in Tennessee. All legal sports betting in TN takes place online. Use a computer, smartphone, or tablet to legally wager on the World Series.
With futures markets, some level of betting on the World Series is available year-round. The action heats up the closer the calendar turns to October every year, however.
The New York Yankees have won 27 World Series championships. Their most-recent is 2009 and their total is more than twice that of any other current MLB franchise.
The New York Yankees have lost more World Series than any other MLB team. The Yankees have come up short in 13 of their 40 World Series appearances.