With the MLB All-Star Game now in the rearview mirror, the MLB season is heading into the home stretch, although with each team still having roughly 70 games to play, a lot can change between now and the start of the playoffs. One thing that will almost certainly change over the next couple of months is the odds on each team to win the World Series. Bettors have a decision to make at this point, which is to make their World Series pick now, or wait a bit to see if the odds take a more favorable turn. If you are looking at one of the favorites, chances are those odds might shorten, so waiting might not be the way to go. Either way, we are going to take a look at the current World Series odds and specifically look at both the American and National League races. Heck, there might even be a prediction or two.

Updated MLB Odds to win the World Series, Predictions for AL & NL

American League

With the AL once again winning the All-Star Game, we know that whichever team makes it to the World Series will have home field advantage. It is a great race in the AL, with all 3 division leaders sitting on 57 wins, although the Chicago White Sox have the best win percentage, albeit by the slimmest of margins. The White Sox are currently in at +500 to win the World Series, while the Houston Astros, who are sitting atop the AL West are at +550. Perhaps surprising at the moment is the fact that the leaders of the AL East, the Boston Red Sox, are still available at +1200.

As far as winning the AL Pennant goes, it is the White Sox and Astros who are the clear favorites. While the Boston Red Sox are certainly in the mix, you have the Tampa Bay Rays, who play in the same division, in at +550 to win the pennant.

The White Sox have the best home record in the AL, which makes them a real threat if the can make it to the postseason with the best record, as that would mean home field advantage throughout. Personally, I like the Astros to come out of the American League.

National League

The San Francisco Giants are leading the way in the NL with 59 wins, which is the best in the league at this time. They are, though, just 2 games up on the LA Dodgers, who have 58 wins. In the other divisions, we have the Milwaukee Brewers with a 7 ½ game lead in the Central and the New York Mets with a 2 ½ game lead in the East. It is the Dodgers at +425 who are in as the overall favorites to win the World Series, while the Giants are down at +1000. As for the other division leaders, the Brewers are at +950, while the Mets are at +950.

In terms of the NL Pennant, the bookies have the Dodgers sitting at +210 right now, while the Padres, who are 5 ½ games off the pace in the West, are at +375. Those two are the clear favorites to win the pennant, but I would not sleep on the Giants. They have been very good on the road, going 29-21, which is going to come in handy once the playoffs begin.

I have read enough, I need to place my bet now. What to do?