We are already a quarter of the way through the MLS regular season and the MLS Cup odds are what you'd expect them to be.
Inter Miami, led by Lionel Messi and Luis Suarez are the favorites, with the New York Red Bulls clocking in as the second choice in the betting market.
A couple of early season winners such as Vancouver FC have seen their odds shorten, while the LA Galaxy lead the Western Conference heading into the weekend's action.
Join me as I break down the full MLS odds below.
Odds to win 2024 MLS Cup
Odds as of 4/24
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Favorites to win the MLS Cup
Favorite
Inter Miami (+190)
We're starting to see the reason why Inter Miami is the betting favorite for the MLS Cup this year and if you've been not paying attention, it's their lethal attack.
Inter Miami has scored three goals in back-to-back games, both wins and two in the game prior (a draw with Colorado).
Led by Lionel Messi and Luis Suarez, if the defense can clamp down, there's no reason why the Herons shouldn't go on an extended winning streak.
Contender
New York Red Bulls (+1,000)
Sitting just two points back of Inter Miami for the top spot in the Eastern Conference (with a game in hand), the New York Red Bulls have had a solid start to the season.
They are unbeaten across their last five games, but have just two wins in the span and have drawn the last two fixtures.
Nonetheless, this is a team that is stout defensively with just nine goals conceded in nine matches.
They will be tested over the next 10 days as they host Vancouver before going to Miami to take on Inter Miami.
Darkhorse
LA Galaxy (+1,200)
The only reason I consider the LA Galaxy a dark horse is because of where they are trading at on the odds board. At +1,200 there is plenty of value here with a team that leads the Western Conference and is the second-highest scoring team in the MLS behind only Inter Miami.
Defensively, they need to be better as they've given up 15 in just nine fixtures, but the landscape of the MLS has changed so much and it rewards teams who attack time and time again.
This is a deep team and they are very well in play for a deep run in the MLS Cup playoffs.
What is the format for the MLS Cup Playoffs?
The Top 7 teams in each conference make the MLS Cup playoffs, with the top seed in each receiving a bye to the conference semifinals. The other six teams in each conference square off in single-elimination games, with the higher seed playing host. In total, there are four rounds in the MLS Cup playoffs, with every game single-elimination.
When are the MLS Cup Playoffs?
The MLS Cup playoffs will get underway after the regular season ends on Oct. 21, 2024.
Past MLS Cup champions
| Year | Champion | Runner-Up |
|---|---|---|
| 2023 | Columbus Crew | Los Angeles FC |
| 2022 | Los Angeles FC | Philadelphia Union |
| 2021 | New York City FC | Portland Timbers |
| 2020 | Columbus Crew SC | Seattle Sounders FC |
| 2019 | Seattle Sounders FC | Toronto FC |
| 2018 | Atlanta United FC | Portland Timbers |
| 2017 | Toronto FC | Seattle Sounders FC |
| 2016 | Seattle Sounders FC | Toronto FC |
| 2015 | Portland Timbers | Columbus Crew SC |
| 2014 | Los Angeles Galaxy | New England Revolution |
| 2013 | Sporting Kansas City | Real Salt Lake |
| 2012 | Los Angeles Galaxy | Houston Dynamo |
How to bet on soccer futures odds
MLS futures odds are constantly adjusted throughout the offseason due to player transfers and injuries. Once the season begins, title odds will change as teams win and lose games and as more players get hurt or suspended. Sportsbooks will also adjust MLS odds based on handle and liability to certain teams.
MLS futures odds will usually look like this:
- Seattle Sounders +500
This means that on a $100 bet, you'll stand to win $500 if Seattle wins the MLS Cup. If it's close to the end of the competition, or a club has been particularly dominant, you might see them with a minus sign (-) ahead of their odds.
- LAFC -115
This means that you would need to bet $115 to win just $100 on an LAFC MLS Cup win.
Above we have posted the American odds for MLS. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool.
MLS Cup Odds FAQs
The Columbus Crew won the 2023 MLS Cup over Los Angeles FC
The L.A. Galaxy have won an MLS record five championships, with DC United just behind with four.
In total, 15 different teams have won the MLS Cup, including first-time winners LAFC in 2022.
