World Series odds: Phillies, Guardians fly up betting board

Two months into the MLB season, pleading that "it's early" no longer holds weight. By now, it's clear which teams are World Series contenders and which teams are in for a few more months of disappointing baseball

Let's look at the World Series oddsboard heading into June.

The Dodgers entered the season as the +350 favorites, and their implied probability to win it all has risen slightly from 22.2% to 26.7%. Their NL West-leading 36-22 record puts them 6.5 games up on the Giants and Padres. Shohei Ohtani and Co. are +150 to win the National League pennant and a whopping -3500 to win their division.

The Yankees have the best odds in the American League to win the World Series. Their 38-19 record is tops in the AL, but they only have a 1.5-game lead over the Orioles for the division.

The Phillies made one of the larger leaps up the oddsboard by going from +1400 to the third favorite at +550. They own a stellar 39-18 record - six games ahead of the Braves, who just lost Ronald Acuña Jr. for the remainder of the season.

The Guardians also vaulted up the betting board thanks to their 37 wins and only 19 losses. They were +6000 (1.6% implied probability) and are now sixth favorites at +1500 (6.3% implied probability).

The Astros, defending champion Rangers, and Blue Jays are the three biggest fallers through two months.

Houston was the favorite to win the American League before the season started but is eight games below .500 to sit third in its division.

The Rangers are also struggling to find a winning record, and their odds to win the World Series reflect that. They moved from +1400 to +4000 and are now assigned a 2.4% chance to defend their title.

Toronto completes the list of biggest disappointments in 2024. The Blue Jays sit last in the AL East at 26-29 and trade rumors involving Vladimir Guererro Jr. and Bo Bichette have begun to circulate.