After reaching the World Series in 2024, the New York Yankees are betting favorites (+300) to win the American League pennant based on the latest MLB odds at the BetMGM online sportsbook. They opened with +290 odds, but have dropped a bit after losing Juan Soto to the New York Mets.
For comparison, New York started with +750 odds to win the AL last offseason before closing as a +450 preseason favorite after trading for Soto.
Here’s a look at the latest MLB betting lines for the 2025 American League winner:
2025 American League Pennant Odds
| Team | Odds |
|---|---|
| Yankees | +300 |
| Orioles | +575 |
| Astros | +600 |
| Red Sox | +1000 |
| Rangers | +1000 |
| Mariners | +1100 |
| Guardians | +1200 |
| Twins | +1200 |
| Tigers | +1300 |
| Royals | +1600 |
| Rays | +2200 |
| Blue Jays | +4000 |
| Athletics | +6600 |
| Angels | +8000 |
| White Sox | +25000 |
2025 American League Pennant Favorite
According to the latest MLB postseason odds, the New York Yankees are the betting favorites (+300) to win a second straight American League pennant in 2025. That price tag gives the Yankees an implied probability of 25%
Oddsmakers are certainly giving the Yankees respect despite the fact they lost Soto to the New York Mets. They now have a few holes to fill if they hope to win their first World Series since 2009.
The Yankees haven’t had a shorter preseason price to win the AL since 2021.
- 2025 (+300)
- 2024 (+400)
- 2023 (+375)
- 2022 (+550)
- 2021 (+220)
MLB American League Pennant Betting History
| Year | AL Winner | Preseason Odds |
|---|---|---|
| 2024 | Yankees | +400 |
| 2023 | Rangers | +2500 |
| 2022 | Astros | +475 |
| 2021 | Astros | +1000 |
| 2020 | Rays | +750 |
| 2019 | Astros | +300 |
| 2018 | Red Sox | +645 |
| 2017 | Astros | +530 |
| 2016 | Cleveland | +875 |
| 2015 | Royals | +1600 |
| 2014 | Royals | +1600 |
| 2013 | Red Sox | +1500 |
| 2012 | Tigers | +450 |
| 2011 | Rangers | +850 |
| 2010 | Rangers | +1400 |
Related Articles
Visit the sportsbook for regular-season odds and baseball playoff odds, updated sportsbook promos — including BetMGM’s welcome bonus — and more.
