LAS VEGAS (AP) — The Dodgers have spent a lot of money hoping to win their second straight World Series and bettors are putting their cash on Los Angeles.
BetMGM Sportsbook has taken 37.8% of its futures money on the Dodgers, which far exceeds its previous high of 21.7% of money that was placed on the 2022 New York Mets. It’s also far ahead of this year’s Mets, who at 9.4% are receiving the second-highest amount of the handle. The New York Yankees are third at 7.7%.
The Dodgers also lead in betting tickets at 17.5%, with the Mets next at 8.7% and the Philadelphia Phillies at 8.6%.
Opening day for most teams is Thursday.
“It’s all Dodgers money,” BetMGM trading manager Halvor Egeland said. “That’s somewhat frequent when it comes to the favorites. Favorites are going to take most of the money, but this is a level we don’t typically see. … It’s a little bit of a hole liability wise, which is a little out of the norm for a favorite.”
That’s because sportsbooks typically set a high enough price in anticipation for the rush of money, but not to this level. The Dodgers, who already are 2-0 after a two-game series against the Chicago Cubs in Tokyo, are +240 at BetMGM.
The next closest are the Yankees and Atlanta Braves at +900 each.
DraftKings Sportsbook race and sports operations director Johnny Avello said the Dodgers are popular, but the futures money is fairly well spread out. LA is +290 at DraftKings and the Braves are next at +750 and the Yankees at +850.
“They’ve got a complete team,” Avello said of the Dodgers. “Will they win it all again? I don’t know. Sometimes at the end of the year, things just need to go your way. I don’t care how good you are.”
Meet the Mets
The Mets are challenging the Dodgers on spending, and the club made a splashy move by signing Juan Soto to a record $765 million, 15-year contract.
Bettors are banking on that aggressiveness to help the Mets win their first World Series title since 1986.
The Mets are listed at +1200 at BetMGM and DraftKings.
“If the Mets start off good, they’re going to continue to take money,” Avello said. “If they don’t start off good and we raise their odds, they’re going to continue to take money. They’re going to be bet all year long.”

