A major boost in Yankees’ odds to win 2024 World Series Championship

Yankees' Aaron Judge celebrates with Juan Soto after his home run against the White Sox at Yankee Stadium on May 19, 2024.
Michael Bennington
Tuesday May 21, 2024

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The Yankees entered Monday’s game against Seattle riding high on a seven-game winning streak. Their dominance has scripted a record equal to their 1999 season after securing back-to-back sweeps against the White Sox and Twins last week.

At 33-16, the Yankees currently sit atop the American League standings, trailing only the Philadelphia Phillies (34-14) for the best record in all of Major League Baseball. With nearly 30 percent of the regular season already in the books, betting odds in New Jersey for the Yankees to win the World Series, the pennant, and the AL East have become a topic of great interest as the team continues to defy expectations and silence their doubters.

Yankees winning AL East odds at -200

The New York Yankees’ exceptional performance both on the mound and at the plate has solidified their position as the current odds-on-favorites, surpassing the preseason consensus favorite Baltimore Orioles, who now trail the Yankees by two games in the division.

What makes the Yankees’ prospects even more frightening for their opponents is the potential for further improvement with the anticipated return of ace pitcher Gerrit Cole and outfielder Jasson Dominguez. Dominguez, who underwent Tommy John surgery last September following a brief but impressive stint in the majors (four home runs in eight games), could rejoin the lineup as early as next month.

While it might be tempting for bettors to wait for the Yankees to cool off in hopes of securing better odds on future bets, it’s crucial to recognize that the team’s early-season hot streak could persist for a significant portion of the season. Consequently, those who choose to delay placing their bets may miss out on the current favorable prices.

Yankees conquering ALCS odds at +250

The New York Yankees’ dominant pitching staff is another key factor contributing to their status as the American League frontrunners in 2024. Despite the absence of their ace, Gerrit Cole, who continues to make progress in his recovery, the Yankees’ rotation has been nothing short of spectacular.

As the regular season approaches the 50-game mark, the Yankees’ pitching staff boasts an MLB-best 2.81 ERA. All five starting pitchers – Nestor Cortes, Carlos Rodon, Marcus Stroman, Luis Gil, and Clarke Schmidt – have posted an ERA of 3.56 or better, with Rodon, Gil, and Schmidt each notching five victories thus far.

A particularly noteworthy performance came from rookie Luis Gil, who set a new Yankees record with 14 strikeouts in Saturday’s 6-1 win over the White Sox. Gil surpassed Orlando “El Duque” Hernandez’s previous rookie record of 13 strikeouts, which had stood since 1998.

Heading into Sunday’s series finale, the Yankees’ starting pitchers have been dominant, posting a minuscule 0.46 ERA over their last six outings. This level of consistency and excellence from the rotation has been instrumental in the team’s success and has helped to solidify their position as the team to beat in the American League.

As the Yankees continue to dominate on both sides of the ball, their status as the team to beat in the American League appears increasingly unassailable, making now a potentially opportune time for fans and bettors alike to back the Bronx Bombers.

Yankees as 2024 champions odds at +550

New York Yankees’ Juan Soto celebrates with Aaron Judge, left, after hitting a two-run home run against the Houston Astros during the first inning of a baseball game Wednesday, May 8, 2024, in New York.
AP

With the Yankees off to a scorching start, it’s no surprise that they are considered the frontrunners in the American League to capture their first World Series title in 15 years. The team’s success can be largely attributed to the outstanding performances of their two outfield superstar sluggers, Juan Soto, and Aaron Judge, who are currently the top two favorites to win the AL MVP award as June approaches.

Soto, the Yankees’ marquee acquisition during the offseason, has been on a tear since the beginning of the season. He boasts an impressive .311 batting average and ranks among the top 10 in several key offensive categories, including home runs (11), runs batted in (37), OPS (.963), and walks (32).

Meanwhile, Aaron Judge has orchestrated a remarkable turnaround after a sluggish start to the regular season, which saw him go 1-for-16 and hit just .220 in April. However, in May, Judge has been nothing short of spectacular. Heading into tonight’s series opener against the Mariners, his splits for the month are as follows:

In 17 games, Judge has posted a .386 batting average, launched seven home runs, driven in 14 runs, drawn 15 walks, and amassed an astounding 1.433 OPS. These numbers underscore Judge’s incredible ability to bounce back from adversity and solidify his status as one of the most dangerous hitters in the game.

With Soto and Judge leading the charge, the Yankees have established themselves as a formidable force in the American League, and their fans have every reason to believe that this could be the year they end their World Series drought.

At +550, the Yankees are still third behind the Braves (+450) and the Dodgers (+300). However, it is a big increase compared to +800 in April 2024.

What do you think? Leave your comment below.

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