2016 MLB Playoff Odds

2016 MLB Playoff Odds

We’ve highlighted numerous futures and props throughout the MLB offseason and 5Dimes has recently released odds for each team to make the playoffs. Below shows which teams are expected to make it and which are considered longshots, along with their accompanying win totals and divisional odds:

TeamOdds to Make PlayoffsOdds to Miss PlayoffsSeason Win TotalOdds to Win Division
Cubs-610+42593.5-185
Mets-295+23589.5-125
Nationals-245+18588.5+125
Dodgers-240+18089.5+115
Giants-205+16588.5+130
Royals-150+12084.5+170
Astros-135+10588.5+135
Red Sox-135+10586.5+170
Blue Jays-120-11086.5+220
Indians-115-11585.5+185
Cardinals+100-13087.5+335
Pirates+140-17086.5+435
Rangers+140-17083.5+290
Mariners+160-19582.5+335
Yankees+165-20585.5+335
Diamondbacks+190-25081.5+430
Angels+210-27080.5+550
Tigers+235-29581.5+425
White Sox+290-38080.5+575
Rays+400-55082.5+740
Marlins+450-67578.5+10000
Orioles+550-92579.5+775
Twins+735-135079.5+950
Athletics+900-161075.5+1300
Padres+1400-305073.5+2800
Brewers+5500-1750070.5+8000
Reds+5500-1750070.5+8000
Rockies+6000-2000071.5+9000
Braves+6500-2150065.5+10000
Phillies+11500-3650064.5+15000

No surprise that the World Series frontrunning Cubs are favorites to make the playoffs, but -610 seems a bit steep, especially in a division with both the Pirates and Cardinals. While it’s true that the bulk of the poor MLB teams are in the National League this year, they have two tough division opponents as well as teams like the Nats, Mets, Dodgers, Giants, and DBacks all vying for playoff spots.

The value picks may reside in the American League as the parity is tremendous heading into the season. One noteworthy team is the Indians, who aren’t a trendy pick and are essentially a toss-up to make the playoffs. They’re coming off a disappointing season but certainly have the pitching staff to either win the AL Central or a Wild Card slot.

It’s also interesting to look at the differences between divisional odds and odds to make the playoffs. For some, it makes a lot more sense to bet a team to make the playoffs rather than winning the division outright. For example, the Rays are listed at +740 to win the AL East and the Orioles are listed at +775 to win the AL East. However, the Rays’ odds to make the playoffs are just +400 while the Orioles are at +550, so if you’re high on Baltimore this year then the +550 option is likely smarter.

Are the Cubs overvalued at -610, or are they essentially a “lock” to make the playoffs?


Dan McGuire

Dan McGuire is the Operations Manager and soccer specialist at Sports Insights. He can be reached at dan.mcguire@sportsinsights.com.

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