The New York Yankees are betting favorites to win the American League pennant based on the early MLB odds at the BetMGM online sportsbook.
Here’s a look at the latest MLB betting lines for the 2026 AL winner:
AL Pennant Odds 2026
| Team | Current Odds | Preseason Odds |
|---|---|---|
| Yankees | +190 | +450 |
| Mariners | +500 | +500 |
| Rangers | +900 | +1200 |
| Tigers | +1100 | +900 |
| Blue Jays | +1100 | +600 |
| Orioles | +1400 | +1000 |
| Guardians | +1700 | +2200 |
| Astros | +2000 | +1000 |
| Rays | +2000 | +4000 |
| Red Sox | +2500 | +700 |
| Royals | +2500 | +1600 |
| Athletics | +2500 | +4000 |
| Twins | +5000 | +4000 |
| Angels | +8000 | +10000 |
| White Sox | +20000 | +15000 |
Who Will Win the AL Pennant in 2026?
The New York Yankees have returned to being betting favorites to win the AL pennant in 2026. Per the latest MLB postseason odds, New York’s +190 price tag suggests an implied probability of 34.48%.
The Yankees, who began as preseason favorites, were briefly passed in this market by the Seattle Mariners following the opening weekend of the regular season. But New York has reclaimed its lead.
It’s no surprise to see the early movement at the top of this market. After all, this was a fluid market in 2025. The Mariners, Yankees, Toronto Blue Jays, and Detroit Tigers all spent time on top.
I expect another wide-open race in 2026, with those four clubs starting in front as the primary challengers. However, the Baltimore Orioles (among other teams) could emerge as contenders.
From a betting perspective, it will be important to time the market to get the best price on one of these teams.
Past AL Pennant Winners
| Year | AL Winner | Preseason Odds |
|---|---|---|
| 2025 | Blue Jays | +2500 |
| 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 |
| 2009 | Yankees | +200 |
| 2008 | Rays | +7500 |
| 2007 | Red Sox | +400 |
| 2006 | Tigers | +4000 |
| 2005 | White Sox | +1100 |
| 2004 | Red Sox | +225 |
| 2003 | Yankees | +100 |
| 2002 | Angels | +2000 |
| 2001 | Yankees | +150 |
| 2000 | Yankees | +150 |
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