Houston Astros remain favored to win World Series in 2023

Houston Astros manager Dusty Baker looks at his 2022 World Series champions ring during a ring presentation ceremony before the team's baseball game against the Chicago White Sox on Friday, March 31, 2023, in Houston.

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Nearly one-third of the way into the 2023 Major League Baseball season, six teams have odds at 12-1 or lower at Caesars Sportsbook to win the World Series.

Houston Astros: +550

Atlanta Braves: +550

Tampa Bay Rays: +750

Los Angeles Dodgers: +800

San Diego Padres: +950

New York Yankees: +1200

These numbers represent the odds for each team to win the World Series based off a potential payout relative to a $100 bet. These odds are as of May 23.

For example, if you bet $100 on the Houston Astros or the Atlanta Braves and they win, you would receive a payout of $550 (plus your original $100 bet), resulting in a total return of $650. Similarly, a $100 bet on the Tampa Bay Rays would result in a potential payout of $750 (plus the original $100 bet), totaling $850 in return if they were to win.

The Los Angeles Dodgers have slightly lower odds with a +800 chance of winning, which means a $100 bet on them would result in a potential payout of $800 (plus the initial $100 bet), giving a total return of $900 if they were to win. Similarly for the San Diego Padres, a $100 winning bet would have a total return of $1,050, and for the Yankees, $1,300.

It's important to note that odds can change over time as the event approaches and more information becomes available.

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