The MLS is Back Tournament begins next weekend in Orlando and the official tournament odds are in from our friends at William Hill Sportsbook. As expected, LAFC is the odds-on favorite to win the competition, with games counting towards the regular season standings and the champion earning a CONCACAF Champions League berth. Bob Bradley's team was the best in the 2019 regular season but once again came up short in the playoffs. Led by MVP Carlos Vela, the club is expected to cruise through the group stage, but the question is whether they can navigate a knockout stage to win a trophy. 

Here's a look at the complete odds with the best value and worst value below:

• Los Angeles FC +450
• New York City FC +800
• Seattle Sounders FC +800
• Atlanta United FC +1000
• Toronto FC +1200
• Sporting Kansas City +1200
• New York Red Bulls +1600
• Portland Timbers +1700
• Los Angeles Galaxy +1700
• FC Dallas +2000
• Columbus Crew SC +2000
• Minnesota United FC +2200
• Philadelphia Union +2500
• Real Salt Lake +2500
• New England Revolution +2500
• Montreal Impact +2500
• San Jose Earthquakes +2800
• D.C. United +3000
• Colorado Rapids +3000
• Chicago Fire FC +4000
• Houston Dynamo +4000
• Orlando City SC +4000
• Inter Miami CF +5000
• Vancouver Whitecaps FC +7500
• FC Cincinnati +12500
• Nashville SC +12500

Best value: It's hard not to like Sporting Kansas City at +1200 there as a mid-range longshot to win the competition. They clearly aren't a top-tier contender but this a team with veterans, an experienced coach and a new hot-shot striker in Alan Pulido. Expect this team to be there towards the end with a chance of winning it. Portland at +1700 is also a fantastic value with Yimmy Chara bringing his experience from Atletico Mineiro to the Pacific Northwest to join his brother, Diego. There is some value in the Galaxy at +1700 as well, but there are too many questions at the back. 

Worst value: Not a fan of NYCFC's chances of winning the competition, despite a strong regular season. Heber is a quality striker but the defense is concerning. The second-best odds is a bit surprising, and Seattle, Atlanta, Toronto and Sporting KC all feel more likely to advance further than the NYCFC.

The tournament will kickoff on Wednesday, July 8 when host Orlando City plays Inter Miami.