New York sports betting has been huge for both of the state’s baseball teams as they head into the final two weeks of May hotter than ever.
The Yankees (27-9, .750) are off to their best start since 1998 (also 27-9), a season in which they won 114 games and defeated the San Diego Padres in a World Series sweep.
They have by far the best record in the major leagues, have won eight of their last 10 games and sport a 13-5 road record.
Oddsmakers Noting Yankees' Hot Start
PointsBet Sportsbook New York has noted two betting trends that stick out as having contributed to the Yankees’ success: 7-1 after a loss and 18-8 after a victory.
WynnBet Sportsbook New York provided EmpireStakes.com with moneyline numbers before each game the Yankees have played in the month of May, including tonight’s game at Baltimore. This gives a great example of how the Yankees have been a prohibitive favorite over the last 18 days:
With updated future odds released Wednesday morning by BetMGM Sportsbook New York for all MLB teams, the Yankees have gone from +200 to win the American League East Division to -225 with 24.5% of bettors holding tickets and a whopping 51.2% handle percentage. That is the second highest among any MLB team except for the Milwaukee Brewers, who are at 54.7% to win the National League Central.
To win the American League pennant, the Yanks opened the season at +550 and have dropped to +300 with 15.1% of the tickets and 20.3% of the handle.
For the World Series, the Bronx Bombers opened at +1000 and have dropped to +600, the second best among all teams (Los Angeles Dodgers at +450) with 9.5% of the tickets and 16.1% of the handle (the largest of all teams).
One BetMGM bettor has placed a $25,000 wager on the Yankees to win the World Series at +800 to win the Fall Classic.
New York Mets
Despite a 5-5 record in their past 10 games, the Mets (24-14, .632) also have had a great start to the season.
Based on future BetMGM odds released Wednesday, the Mets opened the MLB betting season at +140 to win the National League East and are now at -200, with 25.1% of the tickets and 42.1% of the handle.
To win the National League pennant, the Mets opened the season at +550 and improved to +400 with 19.9% of the tickets and 30.1% of the handle (both percentages are tops in the NL).
The Mets are now third choice (tied with the Houston Astros) to win the World Series at +800, after opening the season with odds of +2000. The Mets have 11% of the tickets and 14.4% of the handle.
The top three liabilities for BetMGM: The Mets, Yankees and Dodgers.