(NOTE: In this “Bet On It” series of posts, I refer regularly to the two online sportsbook services to which I subscribe legally as a resident of the state of Iowa. If you’re interested in checking out these services for yourself, you can do so by clicking William Hill and/or Elite Sportsbook.)
With Opening Day of the 2020 Major League Baseball season now upon us, I thought I would take a quick peek at what, if any, adjustments the sportsbooks I subscribe to have made compared to those I posted in Part 4 of this “Bet On It!” series earlier in July, as teams were making their way back into their abbreviated summer camps.
It turns out, however, that my fellow betting subscribers have given the oddsmakers at William Hill and Elite Sportsbook very little reason to make adjustments to their MLB season odds.
I was pleased to see that William Hill has again begun taking bets on the Division races and even happier to see that they’ve adjusted their line for the favored Twins, compared to what they were offering back in March when spring training was suspended. The Twins’ line is now at -140, which means you have to bet $140 to win $100 on a Twins Central Division championship.
That may not sound great, but William Hill hadn’t offered better than -160 since I started checking in January and still held the line at -170 in mid March. I really like the Twins’ chances in a 60-game sprint so I went ahead and put a little money on the -140 line… all while cursing myself for only putting $50 on the even money 1-1 line that Elite was offering as recently as the end of January. (Elite has not, that I’ve noticed, offered Divisional Championship lines since MLB announced they’d be resuming the season.)
William Hill’s dampened enthusiasm for the Twins is not reflected, however, in their odds on our guys winning the American League Pennant. In fact, those odds at William Hill have dropped from 7-1 when summer camps opened to 6-1 currently. That matches Elite’s current line.
Neither book has changed their outlook on the Twins winning it all. The Twins remain at 16-1 and 15-1 at William Hill and Elite, respectively.
As for the odds for all of the other favorites we’ve been following in this series, both books have remained unchanged on their odds for teams like the Yankees, Dodgers and Astros.
If you’re one of those poor sick souls who follow the Cubs closely, though, there’s been a little movement in the past few weeks.
William Hill has moved their odds on the Cubs winning the National League Pennant from 10-1 to 12-1 currently. Elite is unconvinced, however, leaving their line at 8-1. So if you’ve been looking for an opportunity to throw your money away on the Cubbies, now might be the time to do it. I haven’t noticed 12-1 being offered since the end of January.
Interestingly, the opposite is happening if you’re looking to bet on the Cubs to win the World Series. Elite has moved from 18-1 down to 15-1 on a Cubs championship. Not that it really should matter, given that you’ll want to be taking William Hill up on their unchanged 20-1 line, anyway, should you be in the market for this bet.
Finally, William Hill has added one additional interesting option – betting on which player will lead MLB in Runs + Home Runs. (At least that’s what I think “MOST RS HR’S” means, I’m still kinda new at some of this. If that’s not correct, oh well.) Mike Trout is the odds-on favorite at 12-1 odds, but I couldn’t resist putting $10 on the “Bringer Of Rain.” If Josh Donaldson comes through for me (and, of course, the Twins) over the next couple of months, I’ll make a cool $800 on that bet.
Make it rain, baby!