With the signing of Josh Hamilton, the Los Angeles Angels have moved to favorites to win the 2013 World Series. According to the latest odds from Bovada, the Angels went from 12-1 to win it all to 15-2, jumping them ahead of the previous favorite the Los Angeles Dodgers. The Dodgers are currently getting 8-1 on a World Series win.

Hamilton adds another offensive threat to a team that was already top five on base percentage and slugging and led the league in batting average. Hamilton put up the second-lowest batting average of his career in 2012, but he had a career-high in home runs (43) and his second-highest RBI total (128).

Hamilton signed a five-year, $125 million dollar deal with the Angels, making him their latest high-profile free agent acquisition. Signing Albert Pujols ($240 million over 10 years) and C.J. Wilson ($77.5 million over five years) prior to the 2012 season failed to have the impact the team had hoped, as the Angels went 89-73 and did not make the playoffs.