Ohio’s sports betting industry is about to start growing massively. Thanks to the passage of HB29 in 2021, 2023 looks to be the beginning of a new era in legal sports wagering. The arrival of legal sports betting in Ohio has yet to be determined, however, the control board will be announcing a date at a meeting on June 1. The expected launch date will fall close to or on January 1, 2023.
While this newly anticipated timeline will not allow for betting on the World Series, baseball and Cleveland Guardians fans can still learn everything they need to know about the best World Series odds and betting in Ohio.
Current World Series Odds In Ohio
|Team||DraftKings Odds||FanDuel Odds||BetMGM Odds|
|Boston Red Sox||+1800||+1800||+1800|
Top 5 Teams Favored To Win The 2022 World Series
- LA Dodgers +600
- HOU Astros +950
- NY Yankees +1000
- NY Mets +1000
- CHI White Sox +1200
Where Can I Bet On The World Series In Ohio?
Sports betting legalization is just getting started in Ohio. Gov. Mike DeWine signed HB29, which legalized certain types of sports wagering throughout the state. However, there aren’t any licensed sportsbook locations to check out at this time. Instead, Ohio residents will need to wait until the industry fully launches this year before they can bet on the World Series.
Once the industry is fully actualized, Ohio residents will have two different means of placing bets on the World Series, whether they want to support the Cleveland Guardians or another favorite team.
Betting On The World Series Online In Ohio
Ohio’s sports betting legislation does allow for online sportsbook apps, provided that a special commission outlines a series of rules and regulations that all licensed sportsbooks will then have to follow. This licensing procedure will ensure that only legal, safe sportsbooks, such as DraftKings Sportsbook, FanDuel Sportsbook, and BetMGM, are made available to Ohio residents.
Once these sportsbooks launch, Ohioans will be able to bet on the World Series by downloading the sportsbook app of their choice. Then they should be able to fund their accounts and place bets from the comfort of your couch is without having to visit an in-person sports betting location. Ohio is unlikely to enforce Illinois’ oft-hated restriction that requires people to complete the registration process for sports betting accounts by visiting a tethered casino or retail sports arena.
Online World Series bets should include futures bets, prop bets that take place during the game, and other wager types.
Sportsbook Locations In Ohio
Given Ohio’s handful of popular, legal casinos, it’s likely that retail sportsbook locations will launch throughout 2022. Retail sportsbooks could be affiliated with casinos, but also they could be constructed at sports arenas and stadiums or even sports bars.
These retail sportsbooks should allow Ohio residents to bet on the World Series, both before the event occurs and in the middle of the action. However, online sportsbook apps may be the only way to place live bets during the World Series because some retail sportsbooks don’t allow bets to be placed after the game has begun.
Note that retail sportsbook locations could take a little while to get up and running. It takes months or even years to construct a new sportsbook regardless of existing infrastructure.
History Of Cleveland Guardians Championships
The Cleveland Guardians (then called the Cleveland Indians) have won the World Series twice before: once in the 1920 season against the Los Angeles Dodgers and once in the 1948 season against the Boston Braves. However, the Cleveland Guardians have lost the World Series more times than they have won it. Examples of the Guardians’ World Series losses include:
- 1954 World Series against the Giants
- 1995 World Series against the Boston Braves
- 1997 World Series against the Marlins
- 2016 World Series against the Cubs
Because of these historic losses, the Cleveland Guardians are not often seen as the go-to choice when predicting who will win an upcoming World Series tournament. However, the Cleveland Guardians have a small army of loyal fans and many of them continue to wager on the team’s performance and World Series chances each year.
Off-Season Odds Breakdown For Cleveland Guardians
The baseball industry is currently in its off-season, meaning odds are still fluctuating as the Cleveland Guardians and other MLB teams make trades, prepare for the new season, and start lining up their ball clubs for success. The off-season odds for the Cleveland Guardians include:
- +7000 odds to win the World Series in 2022. The Cleveland Guardians are tied for 20th best with several other teams
- +3500 American League odds for the Cleveland Guardians. This puts them at a lower likelihood when compared to the Detroit Tigers, the Los Angeles Angels, the Chicago White Sox, and the Houston Astros
Although the Guardians have some impressive players on their roster, they are far from the best team in the league. For example, major players Shane Bieber, Aaron Civale, and Zack Plesac have combined innings of 363, which many Guardians fans would prefer to be 600 or better.
The Cleveland Guardians will likely face a very difficult season in 2022, although its previous record for 80 wins compared to 82 losses should be manageable to beat. Currently, the Cleveland Guardians will face a lot of competition from the Chicago White Sox and the Tigers, both of which are also heavily improving their bullpens for a sterling season in 2022.
MLB World Series Odds And Betting
The MLB World Series odds are fairly easy to understand, especially if you are experienced with sports betting. If you’re not, there are a few things to keep in mind:
- All MLB World Series odds use the American formatting system, which means that decimal points are used in place of fractions.
- Any team that is favored to win — meaning it ranks most likely to be the victor in a given match or game — has a “–“ sign next to its odds.
- Any team that is considered the underdog for a given match will have a “+” next to its odds.
For example, a typical moneyline bet for the Cleveland Guardians would look something like this:
- Cleveland Guardians -200
- Boston Red Sox +400
In this matchup, the Red Sox are considered the favored team to win and the Guardians are the underdog. A sports bettor would have to wager $400 on the Boston Red Sox to get just a $100 payout, whereas wagering $100 on the Cleveland Guardians could result in a payout of $300 total ($100 plus $200).
What Is A World Series Futures Bet?
A World Series futures bet is perhaps the most popular wager type for this national sporting event. A futures bet concerns the overall outcome of a future championship, such as the World Series.
The odds for the World Series futures bets regardless of the sportsbook you use will be in the thousands. For example, the Cleveland Guardians have +7000 odds to win the World Series in 2022.
This shows that the Cleveland Guardians are considered the underdogs. They are not thought to be very likely to win the World Series, so anyone who wagers on them will potentially see a massive payout if the Guardians upset expectations and actually win.
With futures bets and odds, the earlier money is put down, the higher the potential for a big payday. The odds for the World Series will typically fluctuate as the season progresses and may also go down as the season nears its conclusion.
What Is A World Series Prop Bet?
A prop or proposition that is also popular for World Series fans. Unlike most other types of sports bets, prop bets don’t revolve around the outcome of the game or season. Instead, prop bets focus on single potential events, such as whether your favorite player will hit a home run or will strikeout. Other examples of prop bets include:
- Which player gets named MVP
- Whether a certain player hits three foul balls in a row
- Whether a certain player is injured
- Whether a player catches a fly ball
Prop bets are fun for newcomers to sports betting because they are accessible and easy to understand. Furthermore, the World Series draws a lot of prop bets with creative conditions to sportsbook platforms. Browsing the profit section of your favorite sports wagering platform could be a great way to spend your time as the game unfolds.
How World Series Betting Odds Are Calculated
All World Series betting odds are calculated using professional statisticians and official league sports data. Licensed sportsbooks in Ohio will calculate their betting odds so there is a good possibility for profit for both underdog and favorite bettors, rather than just one or the other.
Furthermore, sportsbooks that include live betting interfaces or live streaming functionalities will use automated algorithms to calculate live betting odds. These betting odds are fair, exciting, and far better than the odds you could find on an offshore or illegal betting site or app.
How To Place Online World Series Bets In Ohio
Placing World Series bets in Ohio online should be relatively straightforward. While the details still need to be ironed out, the process is expected to look something like this:
- First, you’ll download the sportsbook of your choice to your iOS or Android device. Most mobile sportsbooks these days are available for both types of mobile platforms.
- Next, you’ll need to register for the sportsbook remotely by providing your social security number and other key pieces of personal information. The sportsbook operator will verify your identity.
- Then you can fund your account and potentially take advantage of any opening bonuses that may apply. Most sportsbooks allow you to fund your account electronically using credit or debit card transactions and electronic wallet transfers.
- Once you have funded your sports betting account, you can navigate to the World Series betting line of your choice and put your money down.
- Since the betting lines concern the World Series, you’ll have to wait for each game’s outcome to determine whether you won the bet. Some bets may encompass each game in the World Series, while others will only involve the outcome of a single match.
While this step-by-step process should cover the basics, unique details or requirements could appear between now and when sports betting finally launches in Ohio. Stay abreast of the latest news and be sure to check the registration requirements for your favorite sportsbook when it receives licensure.
Betting Odds For The World Series FAQs
No. At this time, sports wagering is technically legalized, but there are no legal venues at which sports bettors can put down bets. This could change sometime in 2022. In all likelihood, however, the earliest World Series you’ll be able to bet on is the 2023 World Series, since it may take several months before all the rules and regulations for sports betting are settled.
You’ll likely need to be 21 or older to place any type of sports bet in Ohio once the industry is up and running.
Yes, only if you use a fully licensed and secure online betting platform. You should only use an official, licensed sports wagering app when betting on the World Series in Ohio.
Once sports betting gets up and running, you’ll be able to bet using mobile wagering apps and, in time, retail sportsbook locations throughout Ohio.
The LA Dodgers are the current favorite to win the 2022 World Series. However, a lot can happen between now and when baseball season starts in the spring.
Current odds of around +7500 show that the Guardians are considered underdogs by most bettors and operators.