2016 MLB Divisional Odds

The 2016 MLB season commences on Sunday April 3rd with a World Series rematch between the New York Mets and Kansas City Royals, but we’re not waiting until then to start examining potential value bets.

Throughout the offseason we have been analyzing MLB futuresWin Totals and Home Run Leader odds, but earlier this week a prominent offshore sportsbook posted odds for all six division winners.

The table below compares examines the current divisional odds at Bovada. This section will be continually updated as opening day approaches.

AL East

Team Bovada (2/19)
Boston Red Sox +160
Toronto Blue Jays +160
New York Yankees +350
Tampa Bay Rays +900
Baltimore Orioles +900

AL Central

Team Bovada (2/19)
Kansas City Royals +110
Cleveland Indians +250
Detroit Tigers +400
Chicago White Sox +600
Minnesota Twins +1000

AL West

Team Bovada (2/19)
Houston Astros +160
Texas Rangers +210
Los Angeles Angels +375
Seattle Mariners +400
Oakland Athletics +1200

NL East

Team Bovada (2/19)
New York Mets -110
Washington Nationals +110
Miami Marlins +600
Atlanta Braves +2500
Philadelphia Phillies +3300

NL Central

Team Bovada (2/19)
Chicago Cubs -150
St. Louis Cardinals +250
Pittsburgh Pirates +300
Cincinnati Reds +2500
Milwaukee Brewers +2500

NL West

Team Bovada (2/19)
San Francisco Giants +125
Los Angeles Dodgers +150
Arizona Diamondbacks +300
San Diego Padres +1200
Colorado Rockies +5000

It’s interesting to note that sharper sportsbooks like 5Dimes have the Boston Red Sox as the favorite to win the AL Pennant, yet they’re listed as the co-favorite to win the AL East. Although the Blue Jays finished 15-games ahead of the Red Sox last season, Boston made several key offseason acquisitions including the signing of a legitimate ace in David Price. This doesn’t necessarily mean that the Sox are offering value, but it does seem to indicate that the Blue Jays are being slightly overrated.

In terms of value, it seems like the public is overvaluing the Cubs which could be creating value on the Cardinals (+250). Last season the Cardinals won the NL Central with a 100-62 record and, although they lost Jason Heyward and John Lackey via free agency, the rotation should be improved this year. In addition to getting Adam Wainwright back from injury, the team signed former Giants’ SP Mike Leake. I’m also optimistic that the relatively unknown Stephen Piscotty will help fill the void in right field that was left by Heyward’s departure.

Which teams do you think are offering value? Are the oddsmakers overlooking any teams? Please leave your thoughts in the comment section below.

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David Solar is the Content Manager for Sports Insights and can be reached directly at David@sportsinsights.com

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David Solar

David Solar has been the Content Manager at Sports Insights for over four years. He specializes in sports betting analytics and has created several popular data-driven betting systems. He can be reached directly at david@sportsinsights.com or on twitter at @TheDavidSolar.

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