We’ve been keeping tabs on the Tampa Bay Rays lately. Mainly, we’re looking at their slump pretty much because they are the favorite in a lot of Major League Baseball markets in the American League. If they are overrated, then it will make a lot of bets on underdogs really worth taking a look at.

On Thursday, the Rays lost yet again, falling to the Baltimore Orioles 4-3 in 10 innings. The Orioles now have a one-game lead in the AL East but the teams will continue their series. Here’s a look at what the Rays have accomplished over roughly the last five weeks.

Tampa Bay Rays: Recent Form Alert

  • Formerly: 51 – 22 on June 17th, 2023
  • Currently: 60 – 40 (overall)
  • Recent form: 9 – 18 since June 17th, 2023
  • Recent winning rate: .333

The chart shows that the Rays were 29 games over .500 just over a month ago. Following the loss to the Orioles on Thursday, they remain 20 games over .500. With just a .333 winning percentage over that time frame, the Rays have been in a pretty steady decline.

Tampa Bay Rays: Now 57 to 4 to MISS the 2023 MLB Playoffs

Their odds to miss the playoffs just keep shortening. They were 25 to 1 to miss the playoffs a few weeks ago. A couple of days ago, they were 17 to 1 (+1700). Just yesterday, they were 31 to 2 (+1550). After the loss to Baltimore, Tampa Bay remains a long shot to miss the playoffs at +1425.

However, they could still be assessed as more likely to MISS the playoffs than what those odds suggest. Currently, you have to place Tampa Bay at about +700 to miss the 2023 MLB playoffs, making +1425 worth taking still.

The way Tampa Bay’s odds are shortening and shortening shows that their bad form has caught the attention of both sportsbooks and bettors. Fans of the Rays simply won’t be nervous yet. But anything can happen. All of Toronto, Houston, Boston, Los Angeles, Seattle, and Cleveland have been doing better lately than the Rays. The Wild Card race could soon get uncomfortable for TB if they don’t turn things around.