Hot Starts by Yankees, Mets Reflected in New York Sports Betting

Hot Starts by Yankees, Mets Reflected in New York Sports Betting

By Lou Monaco

Fact Checked by Pat McLoone

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:

  • May 1: at Royals -195 
  • May 2: at Royals -114 
  • May 3 at Blue Jays: +122 
  • May 4 at Blue Jays: -153 
  • May 8 vs. Rangers (Game 1): -235 
  • May 8 vs. Rangers (Game 2): -190 
  • May 9 vs. Rangers: -230 
  • May 10 vs. Blue Jays: -170 
  • May 11 vs. Blue Jays: -127 
  • May 12 at White Sox: +129 
  • May 13 at White Sox: -195 
  • May 14 at White Sox: -140 
  • May 15 at White Sox: -120 
  • May 16 at Orioles: -185 
  • May 17 at Orioles: -230 
  • May 18 at Orioles (current): -260 

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.

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WRITTEN BY
EmpireStakes.com
Lou Monaco
Lou Monaco had been East Coast Scene columnist for Gaming Today in Las Vegas since June 2019, covering the East Coast sportsbook scene with emphasis on NJ and PA. He also currently is a part-time writer for the high school sports department for NJ Advanced Media (NJ.com) in Iselin, NJ. Lou has over 30 years sports experience with previous stints at ESPN SportsTicker, Daily Racing Form and Oddschecker.
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Lou Monaco had been East Coast Scene columnist for Gaming Today in Las Vegas since June 2019, covering the East Coast sportsbook scene with emphasis on NJ and PA. He also currently is a part-time writer for the high school sports department for NJ Advanced Media (NJ.com) in Iselin, NJ. Lou has over 30 years sports experience with previous stints at ESPN SportsTicker, Daily Racing Form and Oddschecker.
... Read More