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2024 National League Pennant Betting Odds

Thomas Snodgrass

Updated: Mar 27, 2024

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In 2023, the Los Angeles Dodgers opened the season with the shortest odds to win the National League Pennant at +220.

Los Angeles was followed by the Atlanta Braves (+400) and New York Mets (+400) in the shortest odds.

But, the Arizona Diamondbacks surprised everyone by winning the NL Pennant.

Arizona came into the season with 50-1 odds to come out on top in the NL, and their path to the World Series included a 3-0 sweep of the Dodgers in the NL Division Series.

Los Angeles and Atlanta top the NL Pennant betting boards once again in 2024, and the odds heavily favor what is arguably the NL’s two best teams on paper.

With the last three NL Pennant winners having less than 90 wins in the regular season, sometimes the top clubs get squeezed out in October.

2024 National League Pennant Odds

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

NL TeamBest Odds To Win NL Pennant
Los Angeles Dodgers+180 DraftKings
Atlanta Braves+275 Caesars
Philadelphia Phillies+800 FanDuel
St. Louis Cardinals+1600 BetMGM
Chicago Cubs+1800 FanDuel
Arizona Diamondbacks+2200 BetMGM
Cincinnati Reds+2200 BetMGM
San Francisco Giants+2200 BetMGM
San Diego Padres+2500 DraftKings
New York Mets+2800 DraftKings
Miami Marlins+4500 FanDuel
Milwaukee Brewers+5000 BetMGM
Pittsburgh Pirates+10000 FanDuel
Washington Nationals+12500 BetMGM
Colorado Rockies+25000 BetMGM

NL Pennant Favorites

Los Angeles Dodgers (+180)

The Los Angeles Dodgers basically won the MLB offseason by signing two-way superstar Shohei Ohtani to a 10-year contract in December.

The top of the Dodgers lineup will now feature some combination of Ohtani, Mookie Betts, and Freddie Freeman.

That trio holds a combined four MVP Awards, 17 All-Star appearances, and 11 Silver Sluggers.

The first inning should be a nightmare for opposing starting pitchers.

Los Angeles’ lineup will also feature catcher Will Smith (.261, 19 HR), third baseman Max Muncy (.212, 36 HR), and outfielders Teoscar Hernandez (.258, 26 HR) and James Outman (.248, 23 HR).

From the leadoff hitter to the No. 7 hitter, everyone could hit 25 to 50 home runs.

If the Dodgers can get a breakout from either infielder, Gavin Lux or Miguel Vargas, it’s just a bonus.

Clayton Kershaw (13-5, 2.46 ERA) returns to Los Angeles for his 16th season in Dodger Blue, and the southpaw will be joined by Japanese import Yoshinobu Yamamoto, punch out pitcher Tyler Glasnow, the eventual return of Walker Buehler, and youngsters Bobby Miller and Emmet Sheehan.

Yamamoto went 16-6 with a 1.21 ERA and struck out 169 batters in 164 innings for the Orix Buffaloes of the Pacific League in Nippon Professional Baseball last season.

2023 was the third consecutive season that Yamamoto was named the Eiji Sawamura Award winner, the first man to win three consecutive Sawamura Awards since Masaichi Kaneda of the Kokutetsu Swallows in 1956, ‘57, and ‘58.

There’s a tidbit of Japanese Baseball history for ya.

It’ll be interesting to see how Yamamoto performs in Los Angeles, and if he could be a strong contender for the Cy Young.

The Dodgers are the deepest club in the MLB right now, and that should lead to a deep playoff run in October.

Atlanta Braves (+275)

The Atlanta Braves were a disappointment in the 2023 postseason, losing three games to one in the NL Division Series to their NL East rival Philadelphia Phillies.

When it comes to October letdowns for Atlanta, a lot of the shortcomings fall on the shoulders of some of their top pitchers.

Spencer Strider is one of the top pitchers in the game today, and he had a monstrous 2023 in the strike out column, punching out 281 batters in 186.1 innings pitched.

Strider also recorded 20 wins and a respectable 3.86 ERA.

Unfortunately, Strider has a 5.40 career ERA in 15 postseason innings, and he allowed seven hits and three earned runs in only 5.2 innings in the NLDS deciding loss to Philadelphia.

Similarly, lefty Max Fried produced strong numbers when healthy in 2023, going 8-1 with a 2.55 ERA and striking out 80 batters in 77.2 innings.

Fried’s postseason work is even more concerning, considering that he’s made 19 appearances and has compiled a bland 4.57 ERA in 65 innings.

Either way, Strider and Fried are spectacular top of the rotation arms and they’ll anchor a solid rotation with Bryce Elder (12-4, 3.81 ERA), and two veterans in the ageless Charlie Morton (14-12, 3.64 ERA) and new addition Chris Sale (6-5, 4.30 ERA).

For the Braves, it’s largely about their offense.

Atlanta finished first in the Major Leagues in team batting average (.276), on-base percentage (.344), slugging percentage (.501), home runs (307), and runs scored (947).

Here’s some notable performers in the Braves’ lineup in 2023:

  • Ronald Acuna Jr. – .337 AVG, 41 HR, 106 RBI, 73 SB
  • Ozzie Albies – .280 AVG, 33 HR, 109 RBI
  • Matt Olson – .283, 54 HR, 139 RBI
  • Austin Riley – .281, 37 HR, 97 RBI
  • Marcell Ozuna – .274, 40 HR, 100 RBI
  • Michael Harris – .293, 18 HR, 57 RBI, 20 SB

This loaded Atlanta lineup is just as good as the Dodgers.

The Braves’ pitching will just need to come through when it matters most.

NL Pennant Contenders

Philadelphia Phillies (+800)

After winning the NL Pennant in 2022, the Philadelphia Phillies came close again in 2023, but they came up short against the upstart Arizona Diamondbacks in the NLCS.

Philadelphia should be in the conversation once again in 2024.

The Phillies lineup is built around new first baseman Bryce Harper.

In an attempt to keep their most impactful bat healthy, Philadelphia has moved Harper to first, which now gives the Phillies one of the best infields in the game right now.

Around the horn, Philly will have Harper (.293, 21 HR) at first, Bryson Stott (.280, 15 HR, 31 SB) at second, Trea Turner (.266, 26 HR, 30 SB) at short and Alec Bohm (.274, 20 HR) at third; with J.T. Realmuto (.252, 20 HR) behind the dish.

The Phillies will also have all-or-nothing designated hitter Kyle Schwarber (.197, 47 HR), and outfielder Nick Castellanos (.272, 29 HR) to fill out the lineup.

Philadelphia’s rotation will still feature their two aces, Aaron Nola and Zack Wheeler, but they’ll need fellow starters Taijuan Walker and Ranger Suarez to remain healthy in what could be a thin rotation.

If the Phillies fail to beat the Braves for the NL East crown, they will have to settle for a Wild Card spot, and with the Wild Card round being only a three game series, it’s tricky for any club that has to participate in that short and uncompromising bout.

Philadelphia has a great team and they’re a strong contender, just as they’ve been the last few years, but their path may be more difficult than others.

Cincinnati Reds (+2200)

I’d prefer to take the Cincinnati Reds at something closer to 40-1 instead of 25-1, but the Reds have caught a lot of people’s attention.

The rebuild in Cincinnati has begun to show up on the field, with the Reds winning 82 games in 2023.

Cincy won 20 more games in 2023 than the 62 games they won in 2022, so the Reds are trending upward.

Many of Cincinnati’s younger players have shown some exciting promise, albeit in a limited sample.

The 6-foot-5 Elly De La Cruz has shifted over to third base from shortstop, which may be a better long-term fit for a player with his frame.

De La Cruz belted 13 home runs and stole 35 bases in only 98 games last season.

On the right side of the infield, first baseman Christian Encarnacion-Strand can hit home runs longer than his name, and he swatted 13 homers in just 63 games as a rookie.

Cincinnati has a patchwork outfield, but altogether, this is a young and powerful lineup in a winnable NL Central division.

Most importantly, the Reds need their young starting pitchers to turn the corner, just as their bats have done.

Flamethrowing righty Hunter Greene (4.82 ERA in 112 IP) can hit 103 on the radar gun with his fastball, but he has still yet to put it all together.

Strikeout artist Nick Lodolo is looking to rebound after a lost 2023, producing an ERA of 6.29 in only 34.1 innings.

In 2023, the southpaw looked to be a future ace, with Lodolo posting a 3.66 ERA in 103.1 innings and punching out 131 batters.

Cincy will need fellow lefties Andrew Abbott (3.87 ERA in 109.1 IP) and Brandon Williamson (4.46 ERA in 117 IP) to continue their growth; helping round out the Reds’ rotation.

Alexis Diaz has been a solid closer for Cincinnati as well, saving 47 games and recording an ERA of 2.47 in his first two seasons.

This talented and young Reds squad could be this year’s Arizona Diamondbacks.

NL Pennant Longshots

Miami Marlins (+4500)

The Miami Marlins are quietly interesting.

Notably, they have second baseman Luis Arraez, who produced a Tony Gwynn-like 2023 season.

Arraez won his second consecutive batting title, hitting .354, and in the process struck out a ridiculously-low 5.5% of the time.

For reference, future Hall of Famer Ichiro Suzuki never had a strikeout percentage lower than 7.2%.

Arraez has been incredible.

Miami’s middle infield will be Arraez and another former batting title winner, Tim Anderson.

Anderson produced some very effective offensive seasons with the Chicago White Sox, but fell off the map in 2023, batting just .245; Anderson hit at least .301 in every season from 2019 through 2022.

A return to form for Anderson could give the Marlins a pesky one-two punch atop the batting order.

Another former Chicago White Sox teammate of Anderson, third baseman Jake Burger had a breakout in 2023, split between Chicago and Miami.

Burger hit .250 with 34 home runs and 80 RBI last season, but he hit much better in Southern Florida after his August first trade.

Burger hit just .214 in 88 games with the White Sox, but hit .303 with the Marlins, and it appears the change of scenery has done him good.

Also, Miami has a wildly talented center fielder in Jazz Chisholm Jr., who’s playing-style is much like the name ‘Jazz’ implies.

The occasionally smooth and sometimes erratic play of Chisholm is exciting, but the oft-injured outfielder has only appeared in more than 100 games just one time in the last three years.

The Marlins have a bevy of young arms that could vault this team into becoming a run-prevention juggernaut.

20-year-old Eury Perez is possibly already an ace, hurling 91.1 innings and producing a 3.15 ERA as a rookie in 2023.

The sky’s the limit on this potentially Cy Young-winning right arm.

Jesus Luzardo (3.58 ERA in 178.2 IP), Braxton Garrett (3.66 ERA in 159.2 IP), and Edward Cabrera (4.24 ERA in 99.2 IP) solidify a starting rotation that has plenty of more depth options available.

If Miami’s bullpen can perform better than last years’ 4.37 bullpen ERA (21st in MLB), they should be able to hold onto more late leads.

Similarly to the Reds, the Marlins made a jump in 2023, winning 84 games after winning only 69 games in 2022.

Miami is on the move in the National League.

Pittsburgh Pirates (+10000)

The Pittsburgh Pirates are 100-1 to win the NL Pennant on FanDuel, but their odds are as short as 35-1 at bet365.

It’s the biggest odds disparity among all National League clubs to win the NL Pennant!

Any bettor that believes in the ‘Burgh to contend for the NL Pennant should be shopping around for the best odds!

The Pirates won 14 more games in 2023 than they did in 2022, and they’re another NL club whose rebuild has been making waves on the field.

The pieces are slowly coming together, and for the first time in a while, the Pirates made outside additions to their club in 2024.

After signing reliever Aroldis Chapman, the Bucs have one of the more formidable setup and closer combinations of any club, with Chapman and David Bednar.

Chapman still has the swing-and-miss stuff, striking out 103 batters in 58.1 innings pitched for both the Kansas City Royals and Texas Rangers in 2023.

With Texas winning the World Series last season, Chapman now has two World Series rings and he can bring his winning experience to the Pirates.

Bednar led the NL in saves (39) in 2023, and the Pittsburgh native has a 2.65 career ERA in 197 innings.

If the Buccos have a lead after seven innings, they should be able to shut the door more often than not.

The Pirates added two reliable lefty innings eaters in the rotation, bringing in Marco Gonzales and Martin Perez.

Gonzales (5.22 ERA in 50 IP) fits as a “reclamation project” after a disappointing final season in Seattle, and Perez (4.45 ERA) comes in after filling out Texas’ World Series champion rotation.

Mitch Keller (4.21 ERA in 194.1 IP) is the ace in Pittsburgh, and the Bucs will need another arm to step up.

No. 1-overall draft pick in 2023, righthander Paul Skenes, could force the Pirates hand and join the big league club in 2024 if he performs well in the Minor Leagues.

The core of the Pirates’ lineup consists of third baseman Ke’Bryan Hayes (.271, 15 HR), and outfielders Bryan Reynolds (.263, 24 HR) and Jack Suwinski (.224, 26 HR).

But, there are plenty of other yet unproven bats that could make some noise, with the biggest being 6-foot-7 shortstop Oneil Cruz.

Cruz only played nine games last season before fracturing his ankle in a collision at home plate.

Cruz’s presence in the Bucs’ lineup will bring a high-ceiling player to the lineup, acting almost like a big free agency acquisition.

If Andrew McCutchen can prove that he still has something left in the tank, and catcher Henry Davis can take a big leap forward too, this Pittsburgh lineup could be one of the NL’s more productive.

The playoffs are reachable, and any team that makes the playoffs can surprise.

Why Bet National 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 National 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 National 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 National League Pennant Winners

TeamRecordYear
Arizona Diamondbacks84-782023
Philadelphia Phillies87-752022
Atlanta Braves88-732021
Los Angeles Dodgers43-172020
Washington Nationals93-692019
Los Angeles Dodgers92-712018
Los Angeles Dodgers104-582017
Chicago Cubs103-582016
New York Mets90-722015
San Francisco Giants88-742014

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

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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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