Odds to win the World Baseball Classic: USA and Dominican Republic are favoured
USA's WBC team will include plenty of offensive firepower. Photo by Alan Diaz/AP.

The World Baseball Classic is just around the corner and while rosters haven't been locked in, markets are open on the sport's top international tournament.

The latest: The USA and the Dominican Republic share co-favourite status for now, Japan is always a force to be reckoned with and Puerto Rico has reached the finals in two consecutive tournaments.

Here are the latest World Baseball Classic odds.

World Baseball Classic odds

Check out the latest odds to win the World Baseball Classic. Click linked odds to add selection to your betslip.

TeamOdds (Jan. 29)Odds (Jan. 23)
USA+250+250
Dominican Republic+250+250
Japan+300+400
Puerto Rico+800+800
Venezuela+1,300+1,300
Cuba+1,400+1,400
South Korea+1,800+1,800
Mexico+3,300+3,300
Netherlands+4,000+4,000
Canada+5,000+5,000

Odds as of 3:17 p.m. on 01/23/2022.

Best World Series odds

The favourites: USA and Dominican Republic (+250)

While the USA and the Dominican Republic have the same odds, they present very different propositions for a futures bettor.

A bet on the Americans is a wager on the certainty of a quality team. There are 27 players who are confirmed to be on USA's roster and that group is full of studs like Mike Trout, Nolan Arenado and Paul Goldschmidt.

The downside with this team is that most of its best players are on the position-player side, and a pitching staff led by Logan Webb, Clayton Kershaw, Nestor Cortes Jr. and Merrill Kelly isn't spectacular.

The Dominicans, on the other hand, could have the best team in the tournament. The word "could" is doing a lot of work, though, as it's unclear who is showing up from general manager Nelson Cruz's 50-man preliminary roster.

If this team has all of its top guns it will be hard to beat. The catcher position is an area of weakness, but it's tough to nitpick anything else:

The 2013 champions tend to bring out their biggest stars, and if they're able to do so once again these odds may end up being a bargain.

Other World Baseball Classic choices

TeamOdds (Jan. 29)Odds (Jan. 23)
Chinese Taipei+5,000+5,000
Australia +6,000+6,000
Colombia+6,000+6,000
Panama+6,600+6,600
Israel+7,000+7,000
Italy+8,000+8,000
China+12,000+12,500
Great Britain+12,500+12,500
Czech Republic+20,000+20,000
Nicaragua+20,000+20,000

Best value: Japan (+300)

These are solid odds for a country that has won two of the four World Baseball Classic titles, and never finished below third place.

Japan has baseball's most unstoppable player in two-way star Shohei Ohtani with three other MLB players — Yu Darvish, Seiya Suzuki and Lars Nootbar — confirmed to be on the roster.

The country also has a massive Nippon Professional Baseball talent pool to draw on, and previous international competitions have shown that these players are capable of competing with the Western Hemisphere's best.

There's something to be said for a country that takes this tournament seriously, and that description certainly fits Japan. Because its pool of potential players is so large it's also able to construct a balanced team that goes together well as opposed to being forced to take the most talented guys regardless of their fit.

The top two Japanese free agents that signed with MLB teams this offseason — outfielder Masataka Yoshida (Red Sox) and starting pitcher Kodai Senga (Mets) — may go in different directions as Yoshida is planning to suit up for his country while Senga remains a mystery.

Team to watch: Puerto Rico (+800)

These are enticing odds for a squad that came second in each of the last two WBC tournaments. The Puerto Ricans don't have many confirmed players yet, but Carlos Correa, Jose Miranda, Javier Baez, Marcus Stroman and Edwin Diaz appear to be locked in.

If Francisco Lindor joins that list, this team's strength will be a star-studded infield. Puerto Rico also has solid catching options like Christian Vasquez and Martin Maldonado and its pitching will be bolstered if Jose Berrios joins the squad.

There isn't a lot of depth here, but the star power is intriguing and manager Yadier Molina might be able to sprinkle some of his winning magic on Puerto Rico.

Canada's World Baseball Classic odds

Championship odds: (+5,000)

If you're betting on Canada to win this tournament you should consider it more of a patriotic act than a profitable strategy.

The Canadians have yet to produce a top-four finish at the World Baseball Classic, and they're unlikely to buck that trend this season.

While there are some emerging Canadian talents at the MLB level like Josh Naylor, Tyler O'Neill and starter Cal Quantrill, this team looks seriously outgunned at this tournament. Freddie Freeman could be an X-factor for the Canadians if he joins the team, but he'd be their only true star.

Pitching figures to be Canada's biggest issue as the country's best pitcher — Mike Soroka — is unlikely to be available due to injury concerns. Starters like Nick Pivetta and Jameson Taillon could figure into the rotation, but they are middle-of-the-rotation arms at the MLB level.

The bullpen is also a concern as the country's top reliever, Jordan Romano, will play for Italy.

NorthStar Bets editorial Insiders have no influence, direct or otherwise, over the setting of odds advertised on our platforms.