Yankees players Jeter Cano and Rodriguez celebrate after the Yankees defeated Tampa Bay Rays in their MLB American League baseball game in New York
The Yankees are one of the favorites to win the World Series this year. Reuters

MLB's Opening Day has officially passed, but many teams are scheduled to play their first regular season game on Thursday. Four teams have already played their first game of the season, but MLB is still hyping up Thursday as Opening Day.

With the third of three Opening Days set to begin shortly on Thursday, it gives fans a good opportunity to place some bets on World Series odds. The Phillies and Yankees are the two favorites to win it all this season, while defending champion St. Louis Cardinals has only the twelfth best odds to repeat, according to RJ Bell of Pregame.com.

Not only can fans bet on a World Series champion, but they can also bet on the amount of wins their favorite team will win. For instance one can bet on whether the Red Sox will win greater or fewer than 89.5 games this season.

Additionally there are prop bets where one can bet on the highest amount of home runs per player in 2012, the most wins by a pitcher, and whether Yankees closer will have over/under 34 saves this year.

Check out the full World Series odds, team win projections, and a collection of entertaining prop bets via Pregame.com.

WORLD SERIES ODDS:
($100 wins . . . )

Phillies

$500

Yankees

$600

Angels

$680

Tigers

$800

Rangers

$830

Red Sox

$1150

Marlins

$1850

Giants

$1850

Reds

$1900

Braves

$2050

Rays

$2150

Cardinals

$2450

Nationals

$2500

D'backs

$2650

Brewers

$3300

Rockies

$4250

Blue Jays

$4550

Dodgers

$5050

Indians

$7250

Cubs

$7550

Royals

$8000

White Sox

$8550

A's

$10500

Pirates

$12500

Padres

$12500

Twins

$12550

Mets

$20500

Mariners

$22500

Astros

$25000

Orioles

$32500

PROJECTED NUMBER OF WINS:

Yankees

93.5

Phillies

93

Angels

92.5

Tigers

92

Rangers

91.5

Red Sox

89.5

Rays

88

Giants

87.5

Reds

87.5

Braves

86.5

D'backs

86.5

Brewers

85.5

Cardinals

85

Marlins

84.5

Nationals

84

Blue Jays

82.5

Rockies

81.5

Dodgers

81

Royals

79

Indians

78.5

White Sox

75

Cubs

74

Padres

74

Pirates

73.5

Twins

73.5

Mariners

72

Mets

72

A's

71.5

Orioles

69.5

Astros

63

MLB SEASON-LONG PROPS

Most HRs by any player?
over/under 43 HRs

Most RBIs by any player?
over/under 131.5 RBIs

Most hits by any player?
over/under 213.5 hits

Most wins by any pitcher?
over/under 21 wins

Most losses by any pitcher?
over/under 17 losses

Most complete games by any pitcher?
over/under 8.5 complete games

HRs by Albert Pujols?
over/under 35.5 HRs

HRs by Miguel Cabrera?
over/under 34.5 HRs

HRs by Alex Rodriguez?
over/under 25 HRs

Hits by Derek Jeter?
over/under 150.5 hits

Wins by Justin Verlander?
over/under 18 wins

Wins by Roy Hallady?
over/under 17.5 wins

Wins by CC Sabathia?
over/under 17 wins

Saves by Mariano Rivera?
over/under 34 saves