When looking for the betting odds on a particular Major League Baseball team to win the World Series, one is actually looking for odds on that team ‘to win outright’.  OddsJet compares World Series betting odds from the most reputable Australian betting sites, all of which are locally licensed.  This World Series odds comparison allows OddsJet to display the best odds for every team to win the World Series so Australian bettors may maximize their potential returns on the MLB outright winner.  If you are interested in MLB regular season or playoff games with regard to the Moneyline, Run Line or Run Total, OddsJet also provides an MLB odds comparison.

MLB Futures and Ante Post markets explained         

World Series winner betting is by far the most popular MLB futures betting market.  Futures betting markets, also called Ante Post markets, are those that involve a wager that is contingent on a longer term result over the course of an entire season, rather than a single game.  In general, the highest paying odds for Ante Post and futures betting markets will come before a season starts.  As the MLB season progresses and certain teams rise in the standings or progress in the playoffs, the World Series odds will tighten and pay less for those teams in position to win the Commissioner's Trophy.

Examples of World Series odds expressed in American, Decimal and Fractional formats

For American odds format, there are two sets of expressions to remember, but both involve the figure of $100. First, negative numbers express how much one needs to wager in order to win a profit of $100.  However, given how many teams have a chance to win the World Series and the nature of the expanded playoffs, rarely would any team be such a heavy favorite that their odds would be below even-money.  Most odds will be above even-money and thus will be a positive figure, expressing how much potential profit would be returned for a bet of $100.   For example, when you see odds of +360 on Toronto to win outright, you would need to stake $100 in order to receive a profit of $360, yielding a total return of $460.

With Decimal odds format, the odds express the full potential amount that will be returned on your wager including the stake amount.  For this, simply multiply the Decimal odds by the stake. For example, if Washington is listed at 6.50 to win the World Series, a $100 bet would return a total of $650 including your stake, so the potential profit would be $550. 

For Fractional format, the odds express the amount of potential profit that will be returned on a wager.  For example, with a wager of $100 and odds of 16/1 on Cincinnati to win outright (said 16 to 1), one could see a profit of $1,600 (16 divided by 1, multiplied by $100) plus the stake amount for a total potential return of $1,700.