After reaching the World Series in 2024, the New York Yankees begin as betting favorites (+290) to win the American League pennant based on the opening MLB odds at the BetMGM online sportsbook.
For comparison, New York started with +750 odds to win the AL last offseason before closing as a +450 preseason favorite after trading for Juan Soto.
But the Yankees’ chances of a repeat could quickly change based on Juan Soto’s next team odds this offseason.
Here’s a look at the latest MLB betting lines for the 2025 American League winner:
2025 American League Pennant Odds
| Team | Odds |
|---|---|
| Yankees | +290 |
| Astros | +550 |
| Orioles | +600 |
| Mariners | +1000 |
| Rangers | +1000 |
| Guardians | +1100 |
| Royals | +1200 |
| Twins | +1200 |
| Red Sox | +1600 |
| Tigers | +1600 |
| Rays | +1600 |
| Blue Jays | +2500 |
| Athletics | +8000 |
| Angels | +10000 |
| White Sox | +25000 |
2025 American League Pennant Favorite
According to the latest MLB postseason odds, the New York Yankees are the betting favorites (+290) to win a second straight American League pennant in 2025. That price tag gives the Yankees an implied probability of 25.64%
Oddsmakers are certainly giving the Yankees respect despite the fact they haven’t brought Soto back yet. They are -120 favorites to re-sign Soto this offseason, which is crucial if the team aims to win its first World Series since 2009 after losing to the Los Angeles Dodgers in the 2024 Fall Classic.
The Yankees haven’t had a shorter preseason price to win the AL since 2021.
- 2025 (+290)
- 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 |
Visit the sportsbook for regular-season odds and baseball playoff odds, updated sportsbook promos — including BetMGM’s welcome bonus — and more.
