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Gerrit Cole deal shifts Yankees to World Series favorites over Astros

Prior to Gerrit Cole’s historic new contract, the New York Yankees and Houston Astros were co-favorites in Las Vegas to win the World Series next season.

Not any more. Updated World Series futures provided by MGM on Wednesday show that the Yankees now stand alone as the favorites to win the 2020 Fall Classic.

On Tuesday, the Yankees and the Astros stood as 5-to-1 co-favorites in Las Vegas. After Cole signed his nine-year, $324 deal to leave Houston for New York, the Yankees moved to 4-to-1 favorites while the Astros remained at 5-to-1.

The Los Angeles Dodgers are next in line at 6-to-1 before a steep drop-off to 12-to-1 for the Atlanta Braves and Boston Red Sox. The reigning champion Washington Nationals come in next at 15-to-1 alongside the Chicago Cubs.

Las Vegas believes Gerrit Cole joining the Yankees makes them World Series favorites over the Astros. (AP Photo/Patrick Semansky, File)
Las Vegas believes Gerrit Cole joining the Yankees makes them World Series favorites over the Astros. (AP Photo/Patrick Semansky, File)

Still co-favorites in New Jersey

New Jersey sees things a little differently. Bettors on the East Coast on Wednesday saw the Yankees, Astros and Dodgers all standing as co-favorites at 4.5-to-1 with the Braves at 9-to-1 and the Nationals next at 12-to-1.

Cole’s $324 million is an enormous amount of money. For now, it’s bought the Yankees a slight edge over Cole’s former team to win next year’s championship.

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