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The Cubs and Giants are favorites to win the 2016 World Series

Mike Oz
Big League Stew
(Getty Images)

Here we are in mid-December and you should probably be finishing your Christmas shopping. But instead, you're reading about which MLB team is odds on favorite to win the World Series in 2016. Bless you for that.

So, yes, online sportsbook Bovada has released new World Series odds after the flurry of moves the past week starting with the MLB winter meetings.

[Related: Jason Heyward preferred the young Cubs to the aging Cardinals]

The Chicago Cubs — who have unequivocally been the biggest movers and shakers lately, signing two top-10 free agents in Jason Heyward and Ben Zobrist — find themselves tied for the top spot with the San Francisco Giants, who have been spending big on pitching with the additions of Johnny Cueto and Jeff Samardzija.

The Cubs aren't a surprise there, as they were No. 1 when Bovada released its post-World Series odds on Nov. 2. Bovada had them at 11/1 then. The Giants were among a pack of teams listed at 20/1, including the Cleveland Indians and Detroit Tigers. But now the Giants have shot past them, plus the Astros, Nats, Cardinals and many others. They, like the Cubs are currently listed at 6/1.

Here's the entire list:

Chicago Cubs — 6/1

San Francisco Giants — 6/1

Boston Red Sox — 9/1

Kansas City Royals — 14/1

New York Mets — 14/1

Los Angeles Dodgers — 16/1

St. Louis Cardinals — 16/1

Toronto Blue Jays — 16/1

Houston Astros — 18/1

Pittsburgh Pirates — 18/1

Washington Nationals — 18/1

Arizona Diamondbacks — 20/1

Texas Rangers — 20/1

Cleveland Indians — 25/1

Detroit Tigers — 25/1

Los Angeles Angels — 25/1

New York Yankees — 25/1

Seattle Mariners — 33/1

Baltimore Orioles — 50/1

Chicago White Sox — 50/1

Minnesota Twins — 50/1

Miami Marlins — 66/1

Tampa Bay Rays — 66/1

Milwaukee Brewers — 75/1

Oakland Athletics — 75/1

Atlanta Braves — 100/1

Cincinnati Reds — 100/1

Colorado Rockies — 100/1

Philadelphia Phillies — 100/1

San Diego Padres — 100/1

The most notable gain here belongs to the Diamondbacks, who went from 50/1 to 20/1 after getting Zack Greinke and Shelby Miller. On the other side, the Reds and Padres both went from 50/1 to 100/1.

But remember, it's mid-December.

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Mike Oz is the editor of Big League Stew on Yahoo Sports. Have a tip? Email him at mikeozstew@yahoo.com or follow him on Twitter!

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