Texas Rangers 2024 Betting Preview: Futures Odds & Prediction

min read
Texas Rangers' Evan Carter reacts after scoring during the second inning of Game 1 of the baseball AL Championship against the Houston Astros Series Sunday, Oct. 15, 2023, in Houston.
(AP Photo/David J. Phillip)
Shane Jackson @Sjacksonmgm Mar 26, 2024, 10:37 AM
  • The Rangers are coming off their first World Series victory in franchise history.
  • Texas is now +1200 to win it all after being +5000 last spring.

The Texas Rangers, who have been around since 1972, finally reached the mountaintop with their first championship after defeating the Arizona Diamondbacks in the World Series last season.

But itโ€™s easy to forget the Rangersโ€™ run started from the wild-card spot. They finished second in their division behind the Houston Astros. Texas will aim to propel past Houston in the AL West as it enters 2024 as a strong MLB odds contender.

Rangers Futures Odds

Win Total: 88.5
AL West: +225
AL Pennant: +650
World Series: +1400

After last yearโ€™s 90-72 championship campaign, the Rangers are getting plenty of respect from MLB betting markets.

Texas was +5000 to win it all last spring. The last time the Rangers had a win total higher than 85.5 was when they had an over/under of 91 in 2012.

The Rangers cleared last yearโ€™s preseason win total of 81.5, snapping a three-year streak of finishing below their win projection.

Rangers Offseason Moves

Stop me if you’ve heard this before, but the team that won the championship lost more players than it added the following offseason

Additions

PlayerPos.
Michael LorenzenRHP
Tyler MahleRHP
David RobertsonRHP
Kirby YatesRHP

Departures

PlayerPos.
Aroldis ChapmanLHP
Mitch GarverC/DH
Jordan MontgomeryLHP
Will SmithLHP
Chris StrattonRHP

The Rangers didnโ€™t make many additions this offseason, but they could have reinforcements coming in other ways.

Pitchers Jacob deGrom and Max Scherzer are set to return from injury later in the summer. The same is true for Mahle, who signed a two-year, $22 million deal with Texas in December.

In addition, the Rangers are adding a pair of talented young hitters to their lineup.ย 

Evan Carter made an immediate impact after being called up last September, while Wyatt Langford is quickly climbing up the ranks after being selected No. 4 overall in last yearโ€™s draft.

Both players are among MLB Rookie of the Year odds favorites this season.

Rangers 2024 Betting Prediction

Prediction: Rangers under 89.5 wins (-120)

The Rangers’ win total has dropped one game since this MLB betting pick was made, as bettors prefer to fade the defending champions.

After a quiet offseason, the concerns about Texasโ€™ pitching staff are valid until the rotation is fully healthy. The Rangers ranked 18th in ERA last year.

PECOTA projects 85.9 wins, while FanGraphs forecasts 81.8 victories. Either way, there is some value in this under before chasing the Rangers’ upside later in the year.

  • 2024 Rangers Schedule
    Date Matchup
    3/28/24 Cubs at Rangers
    3/30/24 Cubs at Rangers
    3/31/24 Cubs at Rangers
    4/1/24 Rangers at Rays
    4/2/24 Rangers at Rays
    4/3/24 Rangers at Rays
    4/5/24 Astros at Rangers
    4/6/24 Astros at Rangers
    4/7/24 Astros at Rangers
    4/8/24 Astros at Rangers
    4/9/24 Athletics at Rangers
    4/10/24 Athletics at Rangers
    4/11/24 Athletics at Rangers
    4/12/24 Rangers at Astros
    4/13/24 Rangers at Astros
    4/14/24 Rangers at Astros
    4/15/24 Rangers at Tigers
    4/16/24 Rangers at Tigers
    4/17/24 Rangers at Tigers
    4/18/24 Rangers at Tigers
    4/19/24 Rangers at Braves
    4/20/24 Rangers at Braves
    4/21/24 Rangers at Braves
    4/23/24 Mariners at Rangers
    4/24/24 Mariners at Rangers
    4/25/24 Mariners at Rangers
    4/26/24 Reds at Rangers
    4/27/24 Reds at Rangers
    4/28/24 Reds at Rangers
    4/30/24 Nationals at Rangers
    5/1/24 Nationals at Rangers
    5/2/24 Nationals at Rangers
    5/3/24 Rangers at Royals
    5/4/24 Rangers at Royals
    5/5/24 Rangers at Royals
    5/6/24 Rangers at Athletics
    5/7/24 Rangers at Athletics
    5/8/24 Rangers at Athletics
    5/8/24 Rangers at Athletics
    5/10/24 Rangers at Rockies
    5/11/24 Rangers at Rockies
    5/12/24 Rangers at Rockies
    5/13/24 Guardians at Rangers
    5/14/24 Guardians at Rangers
    5/15/24 Guardians at Rangers
    5/17/24 Angels at Rangers
    5/18/24 Angels at Rangers
    5/19/24 Angels at Rangers
    5/21/24 Rangers at Phillies
    5/22/24 Rangers at Phillies
    5/23/24 Rangers at Phillies
    5/24/24 Rangers at Twins
    5/25/24 Rangers at Twins
    5/26/24 Rangers at Twins
    5/28/24 D-backs at Rangers
    5/29/24 D-backs at Rangers
    5/31/24 Rangers at Marlins
    6/1/24 Rangers at Marlins
    6/2/24 Rangers at Marlins
    6/3/24 Tigers at Rangers
    6/4/24 Tigers at Rangers
    6/5/24 Tigers at Rangers
    6/7/24 Giants at Rangers
    6/8/24 Giants at Rangers
    6/9/24 Giants at Rangers
    6/11/24 Rangers at Dodgers
    6/12/24 Rangers at Dodgers
    6/13/24 Rangers at Dodgers
    6/14/24 Rangers at Mariners
    6/15/24 Rangers at Mariners
    6/16/24 Rangers at Mariners
    6/17/24 Mets at Rangers
    6/18/24 Mets at Rangers
    6/19/24 Mets at Rangers
    6/21/24 Royals at Rangers
    6/22/24 Royals at Rangers
    6/23/24 Royals at Rangers
    6/24/24 Rangers at Brewers
    6/25/24 Rangers at Brewers
    6/26/24 Rangers at Brewers
    6/27/24 Rangers at Orioles
    6/28/24 Rangers at Orioles
    6/29/24 Rangers at Orioles
    6/30/24 Rangers at Orioles
    7/2/24 Padres at Rangers
    7/3/24 Padres at Rangers
    7/4/24 Padres at Rangers
    7/5/24 Rays at Rangers
    7/6/24 Rays at Rangers
    7/7/24 Rays at Rangers
    7/8/24 Rangers at Angels
    7/9/24 Rangers at Angels
    7/10/24 Rangers at Angels
    7/12/24 Rangers at Astros
    7/13/24 Rangers at Astros
    7/14/24 Rangers at Astros
    7/19/24 Orioles at Rangers
    7/20/24 Orioles at Rangers
    7/21/24 Orioles at Rangers
    7/22/24 White Sox at Rangers
    7/23/24 White Sox at Rangers
    7/24/24 White Sox at Rangers
    7/25/24 White Sox at Rangers
    7/26/24 Rangers at Blue Jays
    7/27/24 Rangers at Blue Jays
    7/28/24 Rangers at Blue Jays
    7/29/24 Rangers at Cardinals
    7/30/24 Rangers at Cardinals
    7/31/24 Rangers at Cardinals
    8/2/24 Red Sox at Rangers
    8/3/24 Red Sox at Rangers
    8/4/24 Red Sox at Rangers
    8/5/24 Astros at Rangers
    8/6/24 Astros at Rangers
    8/7/24 Astros at Rangers
    8/9/24 Rangers at Yankees
    8/10/24 Rangers at Yankees
    8/11/24 Rangers at Yankees
    8/12/24 Rangers at Red Sox
    8/13/24 Rangers at Red Sox
    8/14/24 Rangers at Red Sox
    8/15/24 Twins at Rangers
    8/16/24 Twins at Rangers
    8/17/24 Twins at Rangers
    8/18/24 Twins at Rangers
    8/19/24 Pirates at Rangers
    8/20/24 Pirates at Rangers
    8/21/24 Pirates at Rangers
    8/23/24 Rangers at Guardians
    8/24/24 Rangers at Guardians
    8/25/24 Rangers at Guardians
    8/27/24 Rangers at White Sox
    8/28/24 Rangers at White Sox
    8/29/24 Rangers at White Sox
    8/30/24 Athletics at Rangers
    8/31/24 Athletics at Rangers
    9/1/24 Athletics at Rangers
    9/2/24 Yankees at Rangers
    9/3/24 Yankees at Rangers
    9/4/24 Yankees at Rangers
    9/5/24 Angels at Rangers
    9/6/24 Angels at Rangers
    9/7/24 Angels at Rangers
    9/8/24 Angels at Rangers
    9/10/24 Rangers at D-backs
    9/11/24 Rangers at D-backs
    9/12/24 Rangers at Mariners
    9/13/24 Rangers at Mariners
    9/14/24 Rangers at Mariners
    9/15/24 Rangers at Mariners
    9/17/24 Blue Jays at Rangers
    9/18/24 Blue Jays at Rangers
    9/19/24 Blue Jays at Rangers
    9/20/24 Mariners at Rangers
    9/21/24 Mariners at Rangers
    9/22/24 Mariners at Rangers
    9/24/24 Rangers at Athletics
    9/25/24 Rangers at Athletics
    9/26/24 Rangers at Athletics
    9/27/24 Rangers at Angels
    9/28/24 Rangers at Angels
    9/29/24 Rangers at Angels
  • 2023 MLB Team ATS Records
    Team ATS Record ATS Win Pct.
    Reds 97-65 .599
    Orioles 96-66 .593
    Dodgers 92-70 .568
    Rangers 88-74 .543
    Tigers 87-75 .537
    Diamondbacks 86-76 .531
    Rays 86-76 .531
    Nationals 86-76 .531
    Pirates 84-78 .519
    Braves 83-79 .512
    White Sox 82-80 .506
    Twins 82-80 .506
    Padres 82-80 .506
    Cubs 81-81 .500
    Astros 81-81 .500
    Guardians 80-82 .494
    Rockies 80-82 .494
    Brewers 80-82 .494
    Yankees 79-83 .488
    Red Sox 77-85 .475
    Athletics 77-85 .475
    Mariners 77-85 .475
    Cardinals 77-85 .475
    Angels 75-87 .463
    Blue Jays 75-87 .463
    Marlins 74-88 .457
    Mets 74-88 .457
    Giants 72-90 .444
    Phillies 71-91 .438
    Royals 69-93 .426
  • 2023 MLB Team Over/Under Records
    Team Over-Under Record Over Pct. Under Pct.
    Braves 94-69-3 .577 .423
    Dodgers 90-67-8 .573 .427
    Rays 89-69-6 .563 .437
    Rangers 93-75-11 .554 .446
    Pirates 87-71-4 .551 .449
    Athletics 84-70-8 .546 .455
    Astros 91-77-5 .542 .458
    Angels 82-70-10 .540 .461
    Twins 85-78-5 .522 .479
    Orioles 80-74-11 .520 .481
    Mariners 80-75-7 .516 .484
    Red Sox 81-77-4 .513 .487
    Cubs 80-77-5 .510 .490
    Royals 79-77-6 .506 .494
    Tigers 78-78-6 .500 .500
    Nationals 77-79-6 .494 .506
    Reds 79-82-1 .491 .509
    Phillies 79-83-13 .488 .512
    Cardinals 76-80-6 .487 .513
    Marlins 74-84-6 .468 .532
    Brewers 73-85-6 .462 .538
    White Sox 71-83-8 .461 .539
    Rockies 74-87-1 .460 .540
    Yankees 71-84-7 .458 .542
    Diamondbacks 78-93-8 .456 .544
    Blue Jays 70-84-10 .455 .546
    Padres 67-86-9 .438 .562
    Mets 67-88-7 .432 .568
    Guardians 68-91-3 .428 .572
    Giants 67-91-4 .424 .576

2024 MLB Team Previews & Predictions

Live Betting On Baseball Odds

At BetMGM, live betting is available for more than 2,500 MLB games each season.

From Opening Day through the World Series, you can place wagers on live baseball odds. It’s a unique opportunity to hedge against a futures bet, increase your position on a pregame run line bet, or simply add more excitement to your online betting experience.

If you’re new to the online sportsbook, register today with a sportsbook bonus. And check out sportsbook promos each time you log in.

jamie-foxx-latest-promo-9-24
About the Author

Shane Jackson

Read More @Sjacksonmgm

Shane Jackson is a Web Content Writer for BetMGM, covering MLB and NBA. After graduating from the University of Kansas, his previous stops include MLB.com, Lawrence Journal-World, Manhattan Mercury, Bet Chicago Sports, WynnBET, and Sportsbook Review.

Shane Jackson is a Web Content Writer for BetMGM, covering MLB and NBA. After graduating from the University of Kansas, his previous stops include MLB.com, Lawrence Journal-World, Manhattan Mercury, Bet Chicago Sports, WynnBET, and Sportsbook Review.