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2024 American League Pennant Betting Odds


Thomas Snodgrass

Updated: Mar 27, 2024

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Prior to the 2023 season, the Texas Rangers were viewed as a longshot to win the American League, with odds of +2000 or higher across the betting landscape.

Of the 15 teams in the AL, Texas entered the season with the 10th-longest odds to win the AL Pennant.

At the end of the regular season, the Rangers finished mathematically tied atop the AL West with the Houston Astros (shortest odds in 2023: +310).

Even though Texas was tied atop their division, they had lost a season tiebreaker with Houston and had to settle for a Wild Card spot.

The Rangers won the Wild Card Series over the Tampa Bay Rays, two games to none.

Then Texas swept the Baltimore Orioles, 3-0 in the best-of-five AL Division Series.

In the AL Championship Series, the Rangers got the last laugh over their divisional rival Astros, winning Game 7, and the series, four games to three, becoming the AL Pennant winners.

Ultimately, Texas would defeat the Arizona Diamondbacks in the World Series.

The Rangers were not viewed as a favorite in 2023, but they proved that when the playoffs begin, it’s anyone’s game.

Let’s take a look at some favorites, contenders, and longshots to win the AL Pennant in 2024.

2024 American League Pennant Odds

Here’s a look at where the best odds for the 2024 American League pennant winners can be found, odds as of March 27th:

AL TeamBest Odds To Win AL Pennant
Houston Astros+370 DraftKings
New York Yankees+500 DraftKings
Texas Rangers+650 FanDuel
Baltimore Orioles+650 FanDuel
Seattle Mariners+900 BetMGM
Toronto Blue Jays+1000 Caesars
Minnesota Twins+1200 bet365
Tampa Bay Rays+1700 Caesars
Cleveland Guardians+3000 Caesars
Detroit Tigers+3200 FanDuel
Boston Red Sox+3300 Caesars
Kansas City Royals+6500 DraftKings
Los Angeles Angels+8000 DraftKings
Chicago White Sox+25000 BetMGM
Oakland Athletics+25000 BetMGM

AL Pennant Favorites

New York Yankees (+500)

After an 82-win season, just one win above .500, the New York Yankees enter the 2024 season as the consensus favorite to win the AL Pennant.

The Yankees and Houston Astros will go back-and-forth on the shortest odds to win the American League from one sportsbook to the next, but at +475 on DraftKings, every sportsbook has the Bronx Bombers at less than 5-1.

Much of the hype behind New York is from the addition of Juan Soto in the outfield.

The one-two punch of Aaron Judge and Soto is certainly in the conversation of the MLB’s best. Both swingers have the potential to hit a combined 100 home runs, but the Bronx Bombers need more than just bombs.

The Yankees finished 2023 with the second-worst team batting average behind only the 50-112 Oakland Athletics, so more base hits and more traffic on the basepaths will be needed for New York.

First baseman Anthony Rizzo missed 63 games from injury, outfielder/DH Giancarlo Stanton missed 61 games, Judge missed 56 games, and starting pitcher Carlos Rodon only made 14 starts and pitched 64.1 innings.

Health will be paramount.

With the best bullpen in terms of ERA remaining largely intact and the Cy Young-winning Gerrit Cole (when healthy) anchoring the starting rotation, all of the elements of a favorite to win the AL Pennant are there for the Yankees.

Houston Astros (+370)

The Houston Astros have gone to the American League Championship Series in each of the last seven seasons, winning the AL Pennant four times.

Houston has been a strong choice to win the AL Pennant for almost a decade now.

Not much has changed in 2024.

41-year-old ace and future Hall of Famer Justin Verland will be available at some point this season, and he’ll headline a decent rotation with lefty Framber Valdez, Cristian Javier, and youngster Hunter Brown.

The biggest offseason addition came in the bullpen, with Houston acquiring lefty relief ace Josh Hader on a five-year, $95-million contract.

Hader recorded a 1.28 ERA in 56.1 innings pitched and struck out 85 batters for the San Diego Padres in 2023.

The Astros’ lineup is still loaded, with a typical lineup featuring Jose Altuve (.311, 17 HR), Kyle Tucker (.284, 29 HR), Yordan Alvarez (.293, 31 HR), Alex Bregman (.262, 25 HR), and sophomore catcher Yainer Diaz (.282, 23 HR).

There’s not too many lineups in the AL that can match Houston’s firepower.

It’s another season of World Series-or-bust for the Astros in 2024. 

AL Pennant Contenders

Baltimore Orioles (+650)

The rebuild in Baltimore has come to a close. Now they are contenders.

The Orioles surprised many in 2023, winning the AL East division over the New York Yankees, Tampa Bay Rays, and Toronto Blue Jays.

Baltimore went 101-61 last season, the best record in the American League. The Orioles won more games than the Los Angeles Dodgers (100) and finished just three wins behind the Atlanta Braves (104) for the second most wins in the MLB.

This young Baltimore club made a big addition to the rotation, trading for 2021 National League Cy Young-winner Corbin Burnes from the Milwaukee Brewers.

Burnes posted a 3.39 ERA in 193.2 innings and punched out 200 batters in 32 games with the Brewers last season.

24-year-old Grayson Rodriguez could be one of the best arms in baseball, and the Orioles rotation could receive a massive boost if he realizes his potential.

Speaking of young up-and-coming players, the No. 1 consensus prospect in the MLB, shortstop Jackson Holliday, is expected to be on Baltimore’s Opening Day roster.

The Orioles’ infield of catcher Adley Rutschman, first baseman Ryan Mountcastle, second baseman Jordan Westburg, shortstop Holliday, and third baseman Gunnar Henderson has an average age of 24 and is the envy of any Major League Front Office.

As long as the young O’s continue to stay healthy and mature, they’re a threat to win it all.

Toronto Blue Jays (+1000)

The Toronto Blue Jays won 89 games last season and made the postseason, ultimately losing in the Wild Card round to the Minnesota Twins.

Vladimir Guerrero Jr. hit just 26 home runs and Bo Bichette hit just 20 home runs, and while those power numbers are okay, their collective 46 home runs are 31 less than their combined total from 2021.

If the two biggest bats in the Blue Jays’ lineup can get back on track with the long ball, it could be more valuable than any potential free agency or trade acquisition.

The big addition for Toronto’s lineup was the age-less wonder of Justin Turner.

In 2023, the 38-year-old Turner batted .276 with 23 home runs and 96 RBI, so he’ll need to keep Father Time at bay in 2024.

The Blue Jays’ rotation continues to get great innings out of Kevin Gausman, with the 33-year-old righty putting up elite numbers in 2023, going 12-9 with a 3.16 ERA and striking out 237 batters in 185 innings pitched.

Toronto’s rotation has also received dependable work from Jose Berrios (3.65 ERA in 189.2 IP) and Yusei Kikuchi (3.86 ERA in 167.2 IP), but they’ll need a bounce-back season from burly right-hander Alek Manoah.

After finishing third in AL Cy Young voting in 2022, going 16-7 with a 2.24 ERA and punching out 180 batters, the wheels came off the tracks for Manoah.

Manoah produced an unsightly 5.87 ERA in only 87.1 innings.

A bounce-back in the power department and a return to health and form from the rotation could push the Blue Jays back into the Pennant conversation.

AL Pennant Longshots

Detroit Tigers (+3200)

Whenever a team goes through a rebuild, the question becomes: How long before the window of contention finally opens?

Many thought that year would be 2023 for the Detroit Tigers, but it wasn’t meant to be.

In 2021, the Tigers surprisingly won 77 games. It appeared that the rebuild would be coming to a close, and Detroit’s management attempted to pry open the window of contention by signing shortstop Javy Baez and lefty Eduardo Rodriguez in free agency and trading for former Tampa Bay Rays outfielder Austin Meadows.

Those moves have not worked out.

But, their in-house prospects being developed in the farm system have made their way to the Motor City and they’re ready to cement the Tigers as a threat in the AL.

Slugging first baseman Spencer Torkelson showed off some pop last year, belting 31 home runs and outfielder Riley Greene showed some promise when healthy, hitting .288 with 11 home runs in 99 games.

Lefty swinger Kerry Carpenter was a surprise in 2023 too, swatting 20 homers and hitting .278.

One wild card in the Tigers’ lineup will be second baseman Colt Keith.

Keith batted .306 with 27 home runs and 101 RBI in 126 Minor League games last season; the middle infielder being rewarded a six-year contract before stepping onto a big league diamond.

Former No. 1-overall draft pick Casey Mize is ready to rejoin the pitching rotation, and Detroit’s rotation is deep in 2024.

Other than Mize, the Tigers’ will have three youngsters in lefty Tarik Skubal (2.80 ERA in 80.1 IP), Matt Manning (3.58 ERA in 78 IP), and Reese Olson (3.99 ERA in 103.2 IP) in the rotation.

Detroit brought in veteran righties Kenta Maeda and Jack Flaherty to bolster the staff as well.

In an AL Central division that’s up for grabs, the Tigers can reach out and steal.

Once a team is in the playoffs, it’s anyone’s game.

Cleveland Guardians (+3000)

The Cleveland Guardians had two problems in 2023: offense and health.

When it comes to their offense, Cleveland’s punchless lineup finished dead last in the MLB in home runs (124), almost 30 dingers behind the 29th-ranked Washington Nationals (151).

The Guardians finished 27th in the MLB in runs scored, but despite their lack of power or properly manufacturing runs, they still won 76 games.

Their offensive output was much more like a 65-win team, but their ability to win some games stems from their strengths of pitching and defense.

Cleveland’s top-two pitchers entering the season, Shane Bieber and Triston McKenzie, both suffered injury-riddled seasons.

The silver-lining from their frequent absences led to the emergence of two strong arms in Tanner Bibee and Gavin Williams.

Bibee went 10-4 with a 2.98 ERA and struck out 141 batters in 142 innings pitched; finishing second in the American League Rookie of the Year vote.

Williams finished with a record of just 3-5, but he posted a solid 3.29 ERA and punched out 81 batters in 82 innings.

If Bieber and McKenzie can get back to their old ways, Bieber, McKenzie, Bibee and Williams and lefty Logan Allen (3.81 ERA in 125.1 IP) could be the MLB’s best rotation in 2024.

Not to forget closing pitcher Emmanuel Clase. The reliever has saved over 40 games in back-to-back seasons and Clase now holds a 2.00 ERA in 238.1 innings in his career.

There are plenty of decent hitters in the Guardians’ lineup, but the only headline batter is third baseman Jose Ramirez.

Josh Naylor (.308, 17 HR, 97 RBI) is a nice cleanup hitter, but Cleveland will need someone like second baseman Andres Gimenez, outfielder Steven Kwan, or Bo Naylor to take a step forward.

With pitching and defense as strong as the Guardians, even a league-average offense can turn this team into a contender.

Why Bet American League Pennant Odds

Futures betting is a great way to give yourself a reason to root for teams throughout the entire season and doesn’t require daily strategy and research like betting on individual games.

Picking pennant winners can be a lot more challenging than picking the outcome of a single game between two teams.

The greater the challenge in this case, the greater the reward. Many bettors are drawn to the large MLB odds associated with these futures bets and the ability to spread money on multiple teams and still be profitable.

Futures betting can be a great way to help maintain a safe strategy and budget. With futures betting you can place a few wagers at the beginning of the season and watch those bets play out all season long.

There are no long winning or losing streaks with these types of futures bets.

Where Can You Find American League Pennant Odds

There are different names for this kind of bet, depending on the sportsbook you are using.

Once you are in the MLB betting section of your sportsbook, you will want to jump into their MLB futures betting section.

From there, you only need to find the bet called American League Pennant winner or League Winners as it is commonly referred to as well.

If you are living in a legal state or province within Canada or the United States and using one of the regulated sportsbooks for your location, you can be sure they have this type of MLB future bet in their product offering.

Recent American League Pennant Winners

Texas Rangers90-722023
Houston Astros106-562022
Houston Astros95-672021
Tampa Bay Rays40-202020
Houston Astros107-552019
Boston Red Sox108-542018
Houston Astros101-612017
Cleveland Indians94-672016
Kansas City Royals95-672015
Kansas City Royals89-732014

Looking to bet on the National League Pennant? The odds and breakdown of teams in the running for the title can be found in our in-depth guide.


About the author

A fan of both the Cleveland Browns and Pittsburgh Steelers, which is rare! Thomas provides sports betting content with the intent to educate and enter...

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