
After finishing with sub-.500 winning percentages in both 2024 and 2025, the Tampa Bay Rays are looking to improve in what widely projects to be a down 2026 season.
This winter was filled with a flurry of moves, and the Rays are definitely bringing a new squad look as they return to Tropicana Field this year.
With additions of Cedric Mullins, Jake Fraley, and Gavin Lux to headline the position player group changes, this new look Rays offense combined with already established stars could have sneaky upside that may be sought after especially come trade deadline.
Shifting towards the pitching staff, long-time closer Pete Fairbanks did depart in free agency for Miami; but, acquired at last year’s trade deadline, Griffin Jax should smoothly transition into the closer role especially after looking sharp for Team USA in the 2026 World Baseball Classic.
The starting staff might be the most exciting part of this team in 2026, bolstered by additions of Nick Martinez and Steven Matz to the back-end of the rotation. Neither of these players however, are more intriguing than Shane McClanahan who hasn’t appeared in a Major League game since 2023, and projects to be healthy coming into opening day.
Ultimately, as we explore the betting menu for the Rays in 2026, there are ample futures to choose from that could prove valuable as the season unfolds.
Even though you could argue Tampa saw their roster improve this offseason, BetMGM has shaved off three full wins from their projected total in 2025, which sat at 80.5.
This is due to a multitude of factors, but an overarching reason would be the sheer strength of the American League East division, which could potentially boast four playoff teams.
There are seasons where the Rays seem bound to make noise in the AL East, but 2026 doesn’t map out to be one.
At a distant longshot of +2500, the Rays bring up the rear in the odds to win the American League East division which is loaded as we know. The next closest team in the AL East is Baltimore at +425.
Realistically, it would likely take a miracle for the Tampa Bay Rays to win the AL Pennant in 2026.
Only two teams in the AL have worse odds to win the pennant, that being the Los Angeles Angels at +10000 and the Chicago White Sox rounding it out at +15000.
The Minnesota Twins and the Athletics also find themselves at +4000 with the Rays to win the American League.
If you are looking for a fairy tale story to get behind, it doesn’t get much better than this.
At +10000, only five teams in all of Major League Baseball have worse odds to win the World Series in 2026.
I’d like to point to the Toronto Blue Jays’ 2025 season, as exhibit A of a team drastically outperforming their preseason projections and making it all the way to the World Series. In 2024, the Jays finished 14 games under .500, and dead last in the AL East.
Coming into 2025, BetMGM put the Blue Jays’ win total line at 78.5, and they crushed this line winning 94 games and the division to go a long with it. Although the roster compositions for these two teams are definitely different, the scenarios they find/found themselves in are eerily similar.
This is a Rays longshot future I could get behind. Caminero finds himself with the 6th best odds to win the AL MVP in 2026 at +2500, tied with newest Baltimore Oriole Pete Alonso.
If you watched this years World Baseball Classic, Caminero was a staple in an absolutely loaded Dominican Republic lineup that also featured All-Stars Juan Soto, Vladimir Guerrero Jr., Fernando Tatis Jr., and more.
Needless to say, the upside potential is there, as the advanced batted ball data would indicate that his level of production he displayed in 2025 should be sustainable. If the glovework at third base can improve, with consistent results at the plate Caminero can really take leaps in this award race, even if he doesn’t win the AL MVP this year.
The Rays have two players who both present very similar cases for Cy Young in 2026, which extends beyond their individual on-field performances.
Rasmussen and McClanahan are no newcomers to the injury bug; neither has pitched more than 180 innings in a single season once in their careers.
However, when they are healthy both players have proved they can get big league hitters out at an extremely effective rate.
Just Baseball’s No. 2 prospect in the Rays organization should finally get an opportunity to start with the big league team even after being sent down to Triple-A, since Taylor Walls will begin the season on the injured list.
With nobody currently in the organization blocking him, Williams should see extended run at shortstop to start the year while Walls recovers, and could potentially grab a firm hold of the job moving forwards. If Williams can perform well, Walls isn’t guaranteed a job once he returns.
Williams, a former first-round pick, is just 22 years old and could form a tantalizing left side of the infield duo with that Caminero guy.
I know this seems crazy. McClanahan hasn’t pitched in Major League Baseball since 2023, I get it.
But, at this listed price, and given the southpaw’s supreme upside we all know he has it might be worth the small risk.
The two-time All Star finished sixth in the Cy Young voting in 2022, and flashed elite peripherals during that year. With his 2023 season also cut short, who’s to say McClanahan cant rebound to the dominant self he was in his last healthy campaign.
I like the sprinkle here on a low risk, high reward future. Other Rays future bets seem either so unlikely they aren’t worth dabbling, or not worthy enough of taking based on the risk compared to the low payout if it cashes.
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