LAS VEGAS — Oddsmakers in Las Vegas are predicting that the Chicago Cubs will successfully defend their World Series championship.
The city’s sports books like the Cubs to win it all again this year, with some making them a 7-2 favorite. The Cleveland Indians, Boston Red Sox and Los Angeles Dodgers are next in line.
The American Gaming Association has estimated that $36.5 billion will be wagered on Major League Baseball this year, most of it illegally through offshore websites and sports bookies.
Jay Rood is vice president of race and sports books at MGM Resorts International, where the Cubs are a 3-1 favorite. He says they’ve written nearly twice as many betting tickets on the Cubs as the next closest team.
At Wynn Las Vegas, the Cubs are projected to win 96 games, the Indians 94 and the Red Sox 92.