The 2026 MLB season is approaching, as pitchers and catchers have reported, and spring training games are soon to follow.
The MLB playoff odds market is a simple "yes/no" proposition. You look at a team's odds and decide whether or not you think they'll be playing in October.
With a clean slate, let's look at how MLB odds look before any action has occurred.
2026 MLB playoff odds
| Team | Yes | No |
|---|---|---|
| Los Angeles Dodgers | -5000 | +1800 |
 New York Yankees | -380 | +300 |
 New York Mets | -310 | +250 |
 Philadelphia Phillies | -290 | +225 |
 Toronto Blue Jays | -280 | +225 |
 Seattle Mariners | -280 | +220 |
 Chicago Cubs | -250 | +200 |
 Atlanta Braves | -220 | +175 |
 Boston Red Sox | -195 | +160 |
 Milwaukee Brewers | -190 | +160 |
 Detroit Tigers | -185 | +140 |
 Houston Astros | -185 | +150 |
 San Diego Padres | -155 | +130 |
 Baltimore Orioles | +100 | -120 |
 Texas Rangers | +115 | -145 |
 Cincinnati Reds | +145 | -175 |
 Kansas City Royals | +160 | -200 |
 Cleveland Guardians | +185 | -230 |
 San Francisco Giants | +215 | -270 |
 Arizona Diamondbacks | +270 | -340 |
 Tampa Bay Rays | +310 | -400 |
 Pittsburgh Pirates | +425 | -650 |
 Athletics | +475 | -700 |
 Miami Marlins | +500 | -750 |
 Minnesota Twins | +500 | -750 |
 St. Louis Cardinals | +600 | -1000 |
 Los Angeles Angels | +750 | -1400 |
 Washington Nationals | +1600 | -5000 |
 Chicago White Sox | +2000 | -5000 |
 Colorado Rockies | +3500 | -20000 |
Odds courtesy of DraftKings.
Covers MLB betting tools
MLB Postseason format
The MLB playoffs expanded in the 2022 season, adding an extra wild card to both the AL and NL, making it a total of 12 teams in the postseason.
The new format will see the top two division winners in each league (Seeds 1 and 2) get a first-round bye, while the third-best division winner (Seed 3) will host the third wild card (Seed 6) — and the two remaining wild cards (Seeds 4 and 5) will face off — in a three-game series.
Following the Wild Card Round, the No. 1 seed will face the winner of the two wild cards (Seeds 4/5), while the No. 2 seed will face the No. 3 vs No. 6 winner in the Divisional Round.
If the second-best record in the league does not come from a division winner (e.g. the San Francisco Giants in 2021), they will remain the top wild card — and not get a first-round bye.
This article originally appeared on Covers.com, read the full article here