Juan Soto's free agency is expected to finally materialize as five teams prepare to make final bids, with the prospect opening his checkbook to acquire the 26-year-old star.
Betting odds, available on offshore betting platform Bovada, show the Yankees and Mets as joint favorites (-120 each) to win Soto, ahead of the Dodgers, Red Sox and Blue Jays.
The Yankees were heavy favorites at the start of free agency, so the odds have fluctuated wildly since the start.
DraftKings Sportsbook previously released odds after the World Series, and the Yankees were -225 favorites to win (69.23 percent probability).
The Mets were in second place with +380 odds (20.83% implied probability).
DraftKings has defied the odds, and with news expected to be announced any minute now, the only books it will take the plunge are unregulated offshore books.
Juan Soto next team odds
| team | odds |
|---|---|
| yankees | -120 |
| mets | -120 |
| red sox | +250 |
| blue jays | +700 |
| dodgers | +1200 |
| Teams not on this list | January 33rd |
| giants | 75/1 |
| cubs | 100/1 |
| nationals | 100/1 |
| padres | 100/1 |
| tigers | 100/1 |
| mariners | 1001/ |
| rays of light | 100/1 |
The Yankees and Mets are in a heated battle behind the scenes to acquire the star outfielder, with odds of -120 each and an estimated 54.55 percent chance of either team acquiring Soto.
The Red Sox have a 28.57 percent chance of finishing third.
Obviously, for betting purposes, these lines have insane vig (commissions), with all betting options equaling an implied percentage of 168.12%.
This means the book has a 68.12 percent stake in the market, which is about as close as you can get to highway robbery.
The information here is at least semi-interesting considering no one is going to bet on the Dodgers at +1200 odds, even though they have a huge checkbook.
Theoretically, if someone at Offshore Books had inside information (Offshore Books doesn't capture any personal information like names or social security numbers), someone would definitely have posted something like this on 12/1 Given that you want to get odds of , the odds are going to be significantly lower. this.
The newspaper's Jon Heyman previously explained why the Dodgers signing Soto and Japanese pitching prospect Aki Sasaki would be terrible for baseball.
Learn everything you need to know about MLB betting
Soto is reportedly starting to rule out competing teams, according to his agent Scott Boras.
He is reportedly seeking a contract that is close to or exceeds the record $700 million that Shohei Ohtani signed last season.
Why trust New York Post Betting?
Erich Richter is a blue belt in Brazilian Jiu-Jitsu but has a black belt in mixed martial arts gambling. During football season, he proved to be a huge moneymaker for the Post in the player prop market the past two seasons. Always betting on the long shot, the return on investment from 2022 onwards is 30.15%.
