Josh Hamilton
Josh Hamilton signed a five-year, $125 million contract with the Los Angeles Angels. Reuters

The 2013 MLB season is officially underway and the Los Angeles Angels are the favorites to finish the year as baseball’s top team.

The online betting Web site sportsbook.ag has set the Angels odds of winning the 2013 World Series at 8/1. L.A. is the favorite, despite not making the playoffs last season. They’ve made big splashes in the past two offseasons by signing Albert Pujols and Josh Hamilton.

The Detroit Tigers are right behind the Angles at 9/1. Other than signing Torii Hunter, the team didn’t make any major moves in the winter. They bring back much of the same club that lost in the 2012 World Series.

In the National League, the Washington Nationals are expected to be the top team. Last year, Washington led the MLB with 98 wins but was bounced in the NLDS by the St. Louis Cardinals. With Bryce Harper in his second season, Washington could be even more dangerous.

The Los Angeles Dodgers and San Francisco Giants should also have good seasons. Adding Zack Greinke to an already strong pitching staff has helped put L.A.’s odds at 10/1, tying them with Washington. San Francisco comes in at 11/1 after their World Series victory.

For the first time in many years, the New York Yankees aren’t one of the favorites to win it all in October. Injuries to Derek Jeter, Alex Rodriguez, Curtis Granderson and Mark Teixeira have contributed to the Yankees World Series odds being set at 20/1.

At the bottom of the Majors, the Houston Astros and Miami Marlins are considered the biggest longshots to take home the championship. After trading many of their best players, Miami’s betting odds are set at 300/1. The Astros opened the 2013 season with a win against the Texas Rangers, but they have the worst odds at 400/1.

Below are the complete betting odds for each MLB team to win the 2013 World Series, according to sportsbook.ag.

Los Angeles Angels 8/1

Detroit Tigers 9/1

Washington Nationals 10/1

Los Angeles Dodgers 10/1

San Francisco Giants 11/1

Toronto Blue Jays 12/1

Cincinnati Reds 12/1

Atlanta Braves 18/1

St. Louis Cardinals 18/1

Philadelphia Phillies 20/1

New York Yankees 20/1

Baltimore Orioles 25/1

Texas Rangers 25/1

Oakland Athletics 25/1

Tampa Bay Rays 25/1

Boston Red Sox 35/1

Chicago White Sox 40/1

Arizona Diamondbacks 50/1

Cleveland Indians 50/1

Seattle Mariners 60/1

Kansas City Royals 60/1

Milwaukee Brewers 65/1

Pittsburgh Pirates 75/1

Chicago Cubs 80/1

New York Mets 80/1

San Diego Padres 100/1

Minnesota Twins 175/1

Colorado Rockies 175/1

Miami Marlins 300/1

Houston Astros 400/1