Last Updated on outubro 13, 2026 4:30 pm by Erwin Noguera
For the first time in years, the Los Angeles Dodgers are not the MLB World Series favorites.
Five days ago, they were priced at +125 and were the shortest they had been all season. They are now at 22% on the prediction markets, and the Milwaukee Brewers (who were at 33% before Game 2) are at 45%.
Milwaukee leads the NLCS 2-0. Cleveland leads the ALCS 1-0. The two teams that were supposed to meet in the World Series are both behind, and the team that nobody had anywhere is top of the board.
Both Championship Series are already underway, so this is less preview than on account of what has happened and what is left.
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Where Both Series Stand
| Series | Estado | Resultados |
|---|---|---|
| NLCS: Brewers vs Dodgers | Milwaukee lidera por 2 a 0 | 2-1, 7-4 |
| ALCS: Guardians vs Rays | Cleveland leads 1-0 | 7-3 |
NLCS Game 3 is Wednesday, October 14, in Los Angeles.ALCS Game 2 is tonight in St. Petersburg. The World Series is scheduled to begin on October 23.
NLCS: Milwaukee Have Taken Both at Home
The Brewers have held the Dodgers to five runs across two games.
Game 1 finished 2-1. Brice Turang tied it with a solo home run off Tarik Skubal in the fourth, and both starters (Skubal and Milwaukee’s Jacob Misiorowski) were gone after five innings. Milwaukee’s bullpen did the rest.
Game 2 finished 7-4, and the story was about William Contreras. The catcher went 3 for 4 with a home run and drove in three. It was his third home run of the postseason, and he is carrying a 1.264 OPS.
The Dodgers lost both games with Tarik Skubal and Yoshinobu Yamamoto starting. That is the part that should worry Los Angeles: this was not a pitching failure.
It was the offence. A lineup that ranked fourth in baseball in regular-season scoring has produced five runs in two games, and the central figure is not producing at all. Shohei Ohtani is slashing .150/.261/.150 this postseason, and a slugging percentage identical to the batting average means no extra-base hits at all. He is reportedly still not fully healthy.
Blake Snell starts Game 3 on Wednesday in Los Angeles, with the Dodgers needing to win four of five against a team that won 102 games.
ALCS: Cleveland Have Already Taken the Opener
Tampa Bay were the No. 1 seed and home favorites. They lost 7-3.
And the shape of it matters. The Rays led 2-0 early. Cleveland answered with solo home runs in the sixth and the seventh to tie it, then put up two runs in the eighth to take the lead for good. Tampa Bay conceded five runs across the final two innings.
Chase Delauter was the difference: 3 for 4 with a double, a home run, a walk, an RBI, and three runs scored.
That collapse is out of character, and that is why the market moved. Tampa Bay’s pitching had been the best story of the postseason: they held the Yankees to five runs across a three-game sweep, including a 1-0 shutout in Game 1, and they finished the regular season with the seventh-best staff in baseball at a 3.70 ERA.
The Rays fell from 22% to 17% on one loss. Cleveland rose to reach them at 17%. Game 2 is tonight in St. Petersburg, and if the Rays lose it, they go to Cleveland down 2-0 in a format that gives the Guardians the next three.
O Conselho de Probabilidades
| Equipe | Série Mundial | Estado da série |
|---|---|---|
| Cervejarias Milwaukee | 45% | Leads NLCS 2-0 |
| Los Angeles Dodgers | 22% | Trails NLCS 0-2 |
| Tampa Bay Rays | 17% | Trails ALCS 0-1 |
| Guardiões de Cleveland | 17% | Leads ALCS 1-0 |
Probabilities from Polymarket as of Tuesday, 13 October. Converted to American prices: Milwaukee ≈ +122, Los Angeles ≈ +355, Tampa Bay and Cleveland ≈ +490 each.
Five days ago, this board read Dodgers +125, Tampa Bay +300, Milwaukee +310. Milwaukee has gone from roughly 24% to 45%. The Dodgers have gone from roughly 44% to 22%. The favorite and the third choice have swapped places inside five days and four games.
The Market Inversion Is the Story
We have written about the Dodgers’ price three times this postseason and said the same thing each time: it was the least efficient number on the board.
Before the Division Series, we flagged that Los Angeles was +220 while tied 1-1 and without home-field advantage, against a Milwaukee side at +310 that led 2-0 with the best record in baseball and a +200-run differential. We wrote that the market had decided the Dodgers win this tournament regardless of what the bracket said, and that it had held that view since February.
It has now stopped holding it. Four games are what it took.
The honest reading is that both prices were wrong, in sequence. The Dodgers at +220 while losing home field was too short. The Dodgers at 22% while trailing 0-2 with Blake Snell on the mound and four games of margin may well be too long. Markets do not correct gradually; they correct all at once and usually past the right number.
Milwaukee at 45% is now the price that requires scrutiny. They are two wins from the pennant with the best record in baseball and the best pitching performance of the series. They also have to win two more against a team that has won the last two World Series.
What Cleveland Has Done to Our Analysis
We have now made three calls to the Cleveland Guardians this postseason. All three were wrong, and they were wrong in alternating directions.
First, we said their six-game September run would not survive a +3-run differential. They won AL Central and took a first-round bye.
Second, we framed that bye as a structural advantage. They went 0-2 down to the Chicago White Sox.
Third, in our Division Series piece, we wrote that “the +45 White Sox differential was the number that mattered all along.” Cleveland won three consecutive games to take that series and are now leading the No. 1 seed in the ALCS.
That is not bad luck three times. It is the wrong tool applied repeatedly.
Run differential has been our most reliable instrument all season: it told us the Yankees were the best team in the American League, that Houston were pretenders at -52, that San Diego’s cushion mattered more than their streak. All of those held.
On Cleveland, it has failed every single time, and the reason is worth stating plainly: an 85-win team with a +3 differential is, by definition, a team that wins close games. In a best-of-five or best-of-seven, winning close games is not a flaw to be corrected by regression; it is the entire skill the format rewards.
The White Sox outscored their opponents by 45 runs and lost a series they led 2-0. Cleveland outscored theirs by 3 and are three wins from the World Series.
O que resta?
The NLCS is the harder of the two to call despite being the more lopsided. Los Angeles have lost twice at American Family Field with their two best starters and now get three straights at home with Blake Snell opening. A 0-2 deficit in a best-of-seven is a 2-in-7 proposition historically, not a formality, and this is a two-time defending champion.
But the problem is not pitching, and that is what makes it serious. If Ohtani is not healthy and the offence that finished fourth in scoring cannot support Skubal and Yamamoto, the venue change does not fix anything.
The ALCS is genuinely open, and the market says so: both teams at 17%, separated by nothing. Tonight’s Game 2 decides whether it is a series or a procession. Tampa Bay’s pitching has been the best in the postseason for three weeks and then gave up five runs in two innings. One of those is the anomaly.
And if the current leads hold, the World Series would be Milwaukee against Cleveland: a 102-win team against an 85-win team, the best record in baseball against the thinnest run differential of any qualifier. Milwaukee would host, because World Series home field goes to the better regular-season record.
O veredicto
Milwaukee at 45% is the correct favorite and probably a slightly short price. Two wins from the pennant, the best record in baseball, and a pitching staff that has held the most expensive offence in the sport to five runs in two games.
The Dodgers at 22% are the more interesting number. We spent a month arguing they were overpriced. Now that the market has finally agreed, the case for them is better than it has been all postseason: three games at home, Snell on the mound, and a four-game margin. The only thing standing against it is Ohtani’s slugging percentage, and that is not a small thing.
Tampa Bay and Cleveland at 17% apiece is the market admitting it has no idea, which, after the last two weeks, is the most defensible position on this board.