The New York Yankees have slipped from atop the MLB standings with their recent struggles and now sees their World Series odds fading as the summer stretches on.
The New York Yankees once stood atop MLB’s standings and plugged along on a record-breaking pace. But following this year’s All-Star break, New York finds itself in a summer swoon that’s slid them down the standings. Once the odds-on favorites, the Yankees also watched as their World Series odds faded.
The Yankees ended MLB’s first have with a league-best 64-28 record and dominated against AL East opponents, winning 10 of 14 series versus division rivals. But since the mid-summer classic in July, the Yankees are just 8-16, the worst record in the AL East. New York still holds a 10-game lead in the division with their current 72-44 mark.
These struggles have led New York sportsbooks to fade the Yankees in their latest World Series odds.
Yankees’ Fading World Series Odds
The Yankees enjoyed the shortest World Series odds among MLB teams heading through the All-Star break and even following the trade deadline. But their recent struggles triggered a near universal fading among sportsbooks.
At FanDuel, New York sat atop the board with +330 odds. Since then, the Yankees have seen their World Series odds fade to +400, slipping behind both the Los Angeles Dodgers (+350) and Houston Astros (+390).
At Caesars, a similar fading took place, albeit more significant. At the end of July, the Yankees enjoyed +360 odds at Caesars. Now, those odds sit at +430, once again behind the Dodgers and Astros. The New York Mets have also closed the odds gap, sitting at +475 just behind the Yankees at Caesars.
The Yankees are also third at BetMGM with their +425 odds. The Dodgers (+350) and the Astros (+400) are ahead of them there as well.
Time to Buy Low on the Yankees?
New York’s recent struggled can be attributed to a dormant offense. During this stretch of five losses in their last six games, the Yankees offense has scored just eight runs over that span, including three shutouts.
The Yankees slip in the standings corresponds with their futures odds fading across the board. Prior to the All-Star break, New York held baseball’s best record. Now, the Yankees find themselves nine games behind the Dodgers and 2.5 games behind the Astros. The Yanks even trail their cross-town rivals, the New York Mets, by three games.
The Yankees fading World Series odds aren’t their only concern, as they’ve also slipped behind the Astros for the AL pennant odds.
“We’re in first place, that’s where we want to be,” Yankees slugger Aaron Judge told reporters over the weekend. “But you never want to peak too early.”
The Yankees dropped to the 2-seed in the American League playoff bracket with their recent struggles, but it’s unlikely New York slips any further. The Yankees maintained a 10-game cushion in the AL East and have a similar lead on the current AL Central leaders, the Cleveland Guardians. This means the Yankees have time to right the ship.
One futures bet of note at DraftKings provides favorable odds for a season special. The “Winning State” season special at DraftKings lists New York with +210 odds to win the World Series. California checks in with +255, while the Any Other State option sits at +330. Texas holds +425 odds.
These World Series odds could hedge the Yankees recent troubles by coupling their performance with the Mets.