We are less than a month away from the start of the MLB Pre-season, so lets see how the race in the National League East is shaping up. It is no shock to see the Phillies listed as the MLB odds favorites, but who could give them a chase?

I approached my editors at SBR and asked if I could do a little shorter preview on the 2012 National League Eastern Division race—you know something succinct like—“the Phillies might win the East”.

Cliff LeeMuch to my chagrin but not to my surprise, they thought perhaps a few more words would be in order. With their wish as my command, here’s a look at Philadelphia and the other contenders in the NL East. Current Future MLB odds are included and last year’s record is in parentheses.

Philadelphia Phillies (102-60)

No matter where you spend your wagering dollars, you’re likely to see the Philadelphia Phillies favored to win the trifecta: the NL East, the NL Pennant and the World Series.

Sportsbooks currently list Charley Manuel’s team at 9/2 to win it all and 17/10 to capture the NL flag.

Even with the loss of Roy Halladay and Brad Lidge, this team still has enough star power to hold off the rest of the division. Roy Halladay and Cliff Lee are among the best 1-2 punch in the league with Cole Hamels as a No.3 who would be an ace on practically every other staff in baseball. The Phillies need to find someone to fill-in until Ryan Howard returns from injury meaning Chase Utley and Hunter Pence need to bring even more to the table (or the plate in this instance).

Betting note: Philadelphia was a +1273 on the moneyline last season including 932 on the road.

Atlanta Braves (89-73)

If veterans like Chipper Jones, Dan Uggla and Brian McCann can stay healthy, the Braves will be a factor in the race. They’ve got one of the strongest young pitching staffs in MLB and its good enough to keep Atlanta close to Philadelphia...

The Braves completely collapsed last season, losing a 10 game lead in the Wild Card in the final month. Do not expect to see that again this year.

Atlanta is lined at 15/1 to win the WS and 7/1 to grab the NL Pennant.

Financial update; The Braves were in minus numbers on both the moneyline (-216) and run line (-252).

Miami Marlins (72-90)

Jose Reyes Miami MarlinsLet’s see if a name change, a new stadium and some splashy free-agents can change the fortunes of the Miami Marlins who have been stuck in the middle of the division. The Fish haven’t been good enough to challenge the Phillies and Braves but are at least, according to the MLB books, a step ahead of the Nationals and Mets.

The Fish carry odds of 30/1 and 14/1 to win the WS and National League titles respectively. Last year they were one of the least profitable teams in baseball last year going -1345 overall.

Washington Nationals (80-81)

Providing he’s healthy, the Nationals will have Stephen Strasburg in a young and promising starting rotation. All-Star 3B Ryan Zimmerman just signed a six-year, $100 million dollar extension, Jason Werth hopefully will stop pressing and start producing and there’s the anticipated debut of Bryce Harper. Good things are happening in D.C. but they’re not quite playoff material--yet.

The Futures are looking good to for the Nats who are 30/1 to grab the whole enchilada in 2012 and 14/1 to capture the NL championship.

Washington was sixth in baseball in 2011 with +1161 in ML earnings.

New York Mets (77-85)

The Mets are struggling with their ownership, sort of like the East Coast version of the Dodgers. They don’t have many above average players left on the roster. Jason Bay, David Wright, and Ike Davis are the best of the bunch but they always seem to be hurt. New York is in a tough spot, and likely in store for another long season.

The Mets are well down the futures list; 100/1 to win the World Series and 40/1 to take the NL Pennant.

To be avoided: New York was -103 on the moneyline. They made major bank on the road (+1763) only to give it all back at home (-1766). They went a profitable 92-64 to the ‘over’ last season.