- The Milwaukee Brewers lead as the 2026 World Series favorites.
The Milwaukee Brewers are the betting favorites according to the updated World Series odds at BetMGM.
Odds to Win the 2026 World Series
Who Will Win the World Series in 2026?
The Milwaukee Brewers are now the betting favorites to win the World Series. Their +105 price tag suggests an implied probability of 48.78%.
The Brewers became the new World Series favorites after taking a series lead over the Los Angeles Dodgers in the NLCS. The Dodgers, who have won back-to-back World Series titles, had been the favorites all year.
If Los Angeles evens the series, I’d expect this team to jump back to the top of the market. The only time the Dodgers won’t be favored is when they are trailing in a series.
Recent history suggests targeting teams with aggressive front offices, as the last several World Series champions have typically come from among MLB teams with the highest payrolls.
The Dodgers had the highest payroll in the sport last year, while the Blue Jays were fifth. Los Angeles is the third different team in the past 15 years to win the World Series while having the league’s highest payroll.
Since 2011, 12 of the last 15 World Series champions have finished the year with a top-nine payroll in the sport. The average payroll rank over that span is 6.4.
List of Past World Series Champions
| Year | Team | Preseason Odds |
|---|---|---|
| 2025 | Dodgers | +240 |
| 2024 | Dodgers | +350 |
| 2023 | Rangers | +5000 |
| 2022 | Astros | +1000 |
| 2021 | Braves | +1000 |
| 2020 | Dodgers | +385 |
| 2019 | Nationals | +1600 |
| 2018 | Red Sox | +1150 |
| 2017 | Astros | +1175 |
| 2016 | Cubs | +660 |
| 2015 | Royals | +3300 |
| 2014 | Giants | +2500 |
| 2013 | Red Sox | +2800 |
| 2012 | Giants | +2000 |
| 2011 | Cardinals | +2500 |
| 2010 | Giants | +2500 |
| 2009 | Yankees | +500 |
| 2008 | Phillies | +2000 |
| 2007 | Red Sox | +700 |
| 2006 | Cardinals | +700 |
| 2005 | White Sox | +2200 |
| 2004 | Red Sox | +400 |
| 2003 | Marlins | +7500 |
| 2002 | Angels | +4000 |
| 2001 | Diamondbacks | +1000 |
| 2000 | Yankees | +250 |
| 1999 | Yankees | +200 |
| 1998 | Yankees | +600 |
| 1997 | Marlins | +1000 |
| 1996 | Yankees | +700 |
| 1995 | Braves | +400 |
| 1994 | N/A | N/A |
| 1993 | Blue Jays | +600 |
| 1992 | Blue Jays | +700 |
| 1991 | Twins | +8000 |
| 1990 | Reds | +1600 |
| 1989 | Athletics | +500 |
| 1988 | Dodgers | +800 |
| 1987 | Twins | +5000 |
| 1986 | Twins | +700 |
| 1985 | Royals | +1800 |
Which Team Has Won the Most World Series?
The New York Yankees have won the most World Series with 27 championships in franchise history.
Which Teams Have Never Won the World Series?
Five active teams have never won the World Series: San Diego Padres, Milwaukee Brewers, Colorado Rockies, Tampa Bay Rays, and Seattle Mariners.
When is the 2026 World Series?
The 2026 World Series schedule hasn’t been set yet, but it is expected to be held in late October. It will be a best-of-seven series, with the team with home-field advantage hosting the first two games.
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