If you plan to do any Yankees betting during the current or future MLB seasons, you must have a good handle on Yankees odds. This page will always have the top NY Yankees odds featured, and it will also explain what these odds mean. Be sure to check back often for any updates.

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Yankees Odds to win the World Series

The first thing you want to look at are the Yankees World Series odds, as this will give you an idea of how the team is playing this season, or how they are projected to play. These odds will change frequently, and the value of these odds will change as well. The Yankees’ odds to win the World Series are set months in advance of the season, and the opening lines are usually great betting opportunities.

MLB World Series Winners OddsBovadaGTBetsBetUS
Los Angeles Dodgers+350+360+275
New York Yankees+1600+1600+850
San Diego Padres+675+850+650
New York Mets+900+1000+1000
Chicago White Sox+700+1000+650
Atlanta Braves+4000+4000+2200
Chicago Cubs+6600+6600+3300

Yankees Betting Odds

There are other Yankees betting odds to be viewed as well, and many other betting options available. AL East Division winning odds can be found as well as prop betting odds for the New York Yankees. Any odds that are not single-game Yankees betting lines will be changed periodically throughout the season, but won’t be changing daily. 

Odds to Win AL PennantBovadaBetOnlineGTBets
New York Yankees+255+280+230
Chicago White Sox+400+450+500
Minnesota Twins+700+800+700
Toronto Blue Jays+700+1000+800
Tampa Bay Rays+1200+1400+1000
AL East OddsBetUSBovadaBetOnline
Tampa Bay Rays+135+135+135
Boston Red Sox+190+190+190
New York Yankees+250+250+250
Toronto Blue Jays+750+750+750
Baltimore Orioles+200000+200000+200000

New York Yankees Championship History

The success of the New York Yankees has been unmatched in Major League Baseball, and in the rest of sports for that matter. They hold the record with 27 World Series championships and have won another record 40 American League pennants. 

With so much success in the franchise, the Yankees have become one of the most popular teams in all of sports. Yankees World Series odds are not affected by results from the past, and that’s why they are different every single year. 

Here is a complete list of all of the years in which the Yankees won the World Series:

  • 1923 
  • 1927 
  • 1928 
  • 1932 
  • 1936 
  • 1937 
  • 1938 
  • 1939 
  • 1941 
  • 1943 
  • 1947 
  • 1949 
  • 1950 
  • 1951 
  • 1952 
  • 1953 
  • 1956 
  • 1958
  • 1961 
  • 1962 
  • 1977 
  • 1978 
  • 1996 
  • 1998 
  • 1999 
  • 2000 
  • 2009

The last time that the Yankees won the World Series was way back in 2009, and this is one of the longest droughts in franchise history. The Yankees have had favorable World Series betting odds since 2009, but have not been able to cap off a season with a title. 

This recent drought hasn’t been for a lack of effort of spending by the front office as the Yankees continue to have one of the highest payrolls in Major League Baseball. 

How to read Yankees betting lines

Yankees betting lines are typically offered in three different forms:

  • American
  • Decimal 
  • Fractional

At sportsbooks in New York and across the United States, you will almost always see American odds used, but you will have the option to view them in decimal format as well. Even though the Yankees’ betting odds might look different with each format, they all mean the same thing.

It’s also important to note that when you look at single-game Yankees betting lines, a (+) or a (-) has a special meaning. Teams that are the favorites have a (-) sign with the odds and underdogs have a (+) sign. 

American odds are viewed in three-digit whole numbers, and the closer you get to 0, the higher the probability of that outcome occurring. If you see odds with a (-) sign, that means that outcome is more likely to happen than not.

Decimal odds also have three digits, but there is a decimal point separating them. These odds might look more intimidating than American odds, but it’s actually much easier to determine your potential payout. 

With decimal odds, the odds tell you how much money you can win by wagering $1. For example, odds set at 1.91 would mean that a $10 bet could equal a payout of $19.10.

Fractional odds are most commonly used in horse racing but could be used for future betting options as well. 

Most Common Yankees Betting Options

Knowing how to read the different Yankees betting lines is important, but it’s also important to know how to use this information. There are three common MLB betting options offered by sportsbooks, and these options are for single-game wagers. 

Here is a brief example and explanation of each, using American odds. 

Money Line

A money line bet is a wager on which the MLB team will win a specific baseball game. You will have two options: The New York Yankees or their opponent.

Here is what this could look like:

  • New York Yankees -135
  • Boston Red Sox +165

The Yankees are the favorite in this scenario, but that also means that you will receive a smaller payout by betting on them. Boston is the underdog, and they would earn you a bigger payday if they won the game.

Run Line

A run line is similar to betting against the spread in other sports outside of baseball. You will usually always see the run line set at 1.5 runs for New York Yankees games, as well as other MLB games. 

The betting lines are usually the same for this type of bet, so the payouts will be equal. Here is an example and explanation of a run line bet:

  • New York Yankees -1.5
  • Boston Red Sox +1.5

For a run line bet, the Yankees would have to win the game by at least two runs for them to win the wager. The Red Sox could lose the game by one run, but still, be the right betting pick. 

Total

A total bet is different than the first two discussed because it has nothing to do with the Yankees winning or losing a game. This type of bet is sometimes referred to as an over/under, and it is a bet made on the total number of runs in a Yankees game.

Betting lines will be set at a certain number, and then it will be up to you to choose either over/under. If the line is set at 7.5 total runs then the Yankees and their opponent would have to score at least eight combined runs for the over to hit. If the teams combined for seven or less than the under would be the right play. 

Other Yankees Betting Options

Futures betting is the main focus of this article, especially when talking about the Yankees World Series betting odds. The three most common MLB bets have also been discussed and explained, but that doesn’t mean those are the only options.

You can find Yankees betting lines for a number of different bet types, and all of them present unique and interesting ways to make some money. Here are a few other Yankees betting options that you will see offered at the sportsbook. 

Individual/Team Props

Prop betting has become a staple in sportsbooks, and it is an option that is famous with sports bettors. Yankees betting lines will be set for a wide range of both individual and team prop betting options. 

These options will change from game to game and will be up to each individual sportsbook or betting site to set. 

  • Will Aaron Judge hit a home run?
  • Gerrit Cole O/U 9.5 Strikeouts
  • Yankees O/U 7.5 Team Hits

Live Betting

Live betting options will be available for every single game of the Yankees regular season, and postseason if they make it that far. You will find Yankees betting odds for all of the most popular MLB betting options, including props as listed above. 

Parlays/Teasers

If you are looking to increase your risk while also increasing your potential payout then a parlay or teaser is the way to go. These are both combination bets that allow you to combine a bunch of single bets into one larger wager. 

These bets won’t typically include only Yankees bets, but you can definitely focus on the Yankees when putting these together.