The 2014 World Series is guaranteed to see a new MLB champion this year, since the Boston Red Sox have already been eliminated from postseason contention. With much of the playoff picture set in stone, a few teams have separated themselves as favorites to win the title.

According to the latest betting odds at, the league's two L.A. teams have the best chance of winning the World Series.  The Los Angeles Angels lead the way with 5/1 odds, while the Los Angeles Dodgers come in right behind them at 11/2.

With less than two weeks before the start of the playoffs, the Angels have the league’s best record. The Angels' 95 wins are seven more than the leader in the National League. The Angels have the leading American League MVP candidate in Mike Trout, who ranks first in the AL in RBI and fourth in home runs.

The Dodgers lead the NL West by 2.5 games, and sit just 1.5 games behind the Washington Nationals for the NL’s best record. Los Angeles is led by Clayton Kershaw, who is almost sure to win the NL Cy Young Award, and could also be named the NL MVP. He leads the league with 19 wins and a 1.83 ERA.

If October doesn’t feature an all-Los Angeles World Series, there’s a good chance two clubs from the Baltimore-Washington metropolitan area will compete for the championship. The Washington Nationals and Baltimore Orioles have the best record in their respective leagues, and have the third and fourth-best betting odds to win the World Series.

The St. Louis Cardinals have made four World Series appearances in the last decade, winning three titles. However, they still have to fend off the Pittsburgh Pirates in the NL Central, and have the worst betting odds of any first-place team.

Three longshots have been given 200/1 odds of winning the World Series. The New York Yankees are five games out of the wild card race, while the Toronto Blue Jays trail the Oakland Athletics by six games. The Atlanta Braves have yet to be mathematically eliminated, even though they have a .500 record.

Below are the complete 2014 World Series odds for MLB teams that have not been eliminated from the playoff race.

Los Angeles Angels 5/1

Los Angeles Dodgers 11/2

Washington Nationals 6/1

Baltimore Orioles 13/2

Detroit Tigers 7/1

San Francisco Giants 9/1

St. Louis Cardinals 9/1

Oakland Athletics 12/1

Kansas City Royals 16/1

Pittsburgh Pirates 16/1

Seattle Mariners 20/1

Milwaukee Brewers 50/1

Cleveland Indians 150/1

Atlanta Braves 200/1

New York Yankees 200/1

Toronto Blue Jays 200/1