MLB Public Betting: Money Percentages & Consensus Picks

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Baltimore Orioles' Anthony Santander (25) is congratulated in the dugout after his solo home run against the Washington Nationals during the fourth inning of a baseball game at Nationals Park in Washington, Wednesday, May 8, 2024.
(AP Photo/Susan Walsh)
Nick Hennion @nickhennion Aug 20, 2024, 11:58 AM
  • The Philadelphia Phillies have received the most bets to win the World Series.
  • The Baltimore Orioles are the preferred choice amongst bettors to win the American League.
  • The Arizona Diamondbacks, a longshot in the NL, lead the ticket count to win the pennant.

Below, bettors can find MLB public betting trends, money percentages and consensus picks for the three main futures markets.ย 

In game-by-game scenarios, the public side is defined as the team or total which attracts a majority of tickets at the BetMGM online sportsbook.

Consider the data for index markets, such as the World Series futures market and the public side becomes the team which attracts a plurality of tickets.ย 

That said, letโ€™s dive into the current report based on MLB odds.ย 

MLB Public Betting Percentages, World Series

As of August 20, the Philadelphia Phillies (+500) have received the most tickets to win the 2024 World Series.ย 

Philadelphia has received 11.3% of bets and 15.1% of all dollars wagered in the World Series futures market.ย 

Only three other teams have received more than 9% of tickets to win the World Series:

  • Baltimore Orioles (+650): 10% of bets placed, 9.7% of all money wagered
  • Los Angeles Dodgers (+325): 9.8% of bets placed, 12.5% of all money wagered
  • New York Yankees (+550): 9.6% of bets placed, 9.6% of all money wagered

MLB Public Betting Percentages: AL Pennant

In terms of the ticket count, the AL Pennant betting percentages closely follow the World Series trends.ย 

Baltimore (+320) and New York (+240) have received 24.2% and 12.6% of tickets to claim the AL Pennant, respectively.ย 

Two other teams โ€” Cleveland (+550) and Kansas City (+1400) โ€” have received more than 7.5% of tickets.ย 

As it stands, those teams have received 11.5% and 8.3% of all bets placed.ย 

Combined, the Orioles, Yankees and Guardians have attracted 50.7% of all dollars wagered in this market. Finally, despite receiving only 7.2% of all bets placed, the Houston Astros (+500) have received 11.1% of all dollars wagered.ย 

MLB Public Betting Percentages: NL Pennant

In terms of the NL Pennant, the Diamondbacks, Phillies and Dodgers are the most popular in terms of bets placed.ย 

Arizona (+850) accounts for 16.7% of all bets placed to win the pennant while Philadelphia (+250) has received 15.5% of all bets placed.

Likely because of their short price, the Dodgers (+165) have amassed only 10.6% of bets to win the league. However, that comes against 17.1% of all money wagered.

Only Philadelphia and the San Diego Padres (+700) can claim they’ve also received more than 10% of all money wagered.

As of August 20, the Phillies are sitting on 18.2% of all money wagered while the Padres have received 17% of all dollars on 9.9% of bets placed.

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About the Author

Nick Hennion

Read More @nickhennion

Nick Hennion is a senior content writer for BetMGM. His previous stops include VSiN, NBC Sports, The Action Network and Forbes Betting. He owns a bachelor's degree from Syracuse University and a master's degree from Northwestern University.

Nick Hennion is a senior content writer for BetMGM. His previous stops include VSiN, NBC Sports, The Action Network and Forbes Betting. He owns a bachelor's degree from Syracuse University and a master's degree from Northwestern University.