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MLB betting trends 2026: Dodgers' dominance and Mariners' rise

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Los Angeles Dodgers continue to dominate MLB betting markets, with +230 odds to win the 2026 World Series, their shortest since the 2003 Yankees. After signing Kyle Tucker and Edwin Diaz, they’ve solidified their status as favorites, drawing 31.9% of handle for the World Series. Sportsbooks like DraftKings and Caesars note bettor fatigue but acknowledge the team’s gravitational pull, as their 2024 World Series win against the Blue Jays generated record action. While some bettors seek value in underdogs like the Chicago White Sox (+700 for worst record) or Pittsburgh Pirates, the Dodgers’ odds remain a focal point.

Seattle Mariners emerge as a top contender, with 12-1 odds for the World Series. Their 89.5 projected win total and strong pitching draw 39.7% of handle at BetMGM, surpassing the Yankees. Meanwhile, Toronto Blue Jays and Baltimore Orioles see shortened odds after offseason moves, but the New York Yankees lengthened to 10-1, reflecting skepticism about their roster.

The World Baseball Classic boosted betting interest, with Roman Anthony (Red Sox) and Bobby Witt Jr. (Orioles) gaining attention. BetMGM reported a $450,000 bet on the Mariners to hit 90 wins, while Caesars adjusted St. Louis Cardinals win totals from 75.5 to 69.5 due to weak offseason moves. Bettors increasingly favor American League teams, with AL winners market bets doubling the NL counterparts.

Despite the Dodgers’ edge, sportsbooks warn their +230 odds may not guarantee success. The Mariners’ pitching and Orioles’ acquisitions highlight shifting dynamics, but longshots like the White Sox and Pirates remain high-risk bets. As the 2026 season approaches, betting markets reflect both confidence in established teams and curiosity about underdogs, shaping the narrative for the upcoming campaign.