MLB World Series 2023: News, Updates, & Odds

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The Houston Astros celebrate their 4-1 World Series win against the Philadelphia Phillies in Game 6 on Saturday, Nov. 5, 2022, in Houston.
(AP Photo/David J. Phillip)
Rachael Millanta @rachaelmillanta Nov 28, 2022, 1:00 PM
  • The 2023 regular season last from Thursday, Mar. 30 to Sunday, Oct. 1.
  • The postseason, including the World Series, has yet to be scheduled.
  • 2023 will be the first season to feature MLB’s new balanced schedule.
  • The WS is a seven-game series played by the AL/NL Championship Series winners.

The 2022 season just wrapped up with the Houston Astros celebrating their World Series title, but baseball fans are already looking to next year.

Will the Astros be able to defend their title? Or will the Phillies get another go at winning it all? Perhaps the Yankees or Dodgers will reach their full potential after their disappointing exits in 2022. As always, expectations are high, and new rules and formats will only make the season more exciting.

Scheduled to run from Thursday, March 30 to Sunday, October 1, the 2023 regular season will be the first to feature MLB’s new balanced schedule.

Under the new format, all teams will play each other for at least one series during the regular season, with 52 divisional games (previously 76), 64 intraleague games (previously 66), and 46 interleague games (previously 20) creating new matchups across the league.

How Are World Series Teams Chosen?

As was introduced as the postseason format in 2022, the 2023 season will see 12 teams advance to the playoffs — three division winners and three Wild Card teams from each league. Based on their regular-season records, the teams will be assigned seeds 1-6 in their league.

The first round of the playoffs, the Wild Card Series, will see the top two seeds from each league (i.e., the two division-winning teams with the best regular-season records) receive a bye. The third division-winning team (Seed 3) will host the third Wild Card team (Seed 6) for a best-of-three series, with Seed 4 doing the same with Seed 5. As was seen in 2022 with the New York Mets being eliminated in this round, securing a bye can be a huge advantage, so just getting into the postseason isn’t enough anymore — ranking is crucial.

The winning teams from the Wild Card Series will advance to the best-of-five Division Series. Seed 1 will return to host the winner of Seed 3 vs. Seed 6, and Seed 2 will welcome the winner of Seed 4 vs. Seed 5. The winners of those series will then advance to a seven-game Championship Series, with the final two teams moving forward to the World Series.

So, which teams could we see competing in the 2023 World Series?

World Series Odds 2023

TEAMOPENING ODDSCURRENT ODDS
Dodgers+500+550
Astros+700+550
Braves+800+800
Yankees+900+900
Mets+1100+1000
Blue Jays+900+1100
Padres+1400+1400
Phillies+1300+1600
Mariners+1800+1600
Cardinals+1700+2000
White Sox+1400+2200
Brewers+2200+2500
Rays+2200+2500
Orioles+3500+3000
Angels+2500+3000
Guardians+3500+3500
Red Sox+3000+4000
Giants+3500+4000
Twins+4000+5000
Rangers+5000+5000
Diamondbacks+6600+6600
Tigers+5000+6600
Marlins+5000+6600
Cubs+8000+8000
Reds+10000+10000
Rockies+8000+10000
Royals+8000+10000
Athletics+15000+15000
Pirates+15000+15000
Nationals+15000+15000

Los Angeles Dodgers

After an incredible regular season in 2022, the Dodgers had an abrupt exit from the playoffs, being knocked out in the AL Division Series by the San Diego Padres. Still, 111 regular-season wins is nothing to scoff at, and if the Dodgers can repeat that sort of heat in 2023, they’ll definitely be a team to watch.

The Dodgers are the current favorites to win the 2023 World Series, which isn’t shocking considering their impressive roster. With some movement expected this offseason — including shortstop Trea Turner entering free agency — it should be interesting to see how they fill holes in their lineup before next year.

MLB Futures Betting

MLB futures are available at the online sportsbook throughout the year. With updated MLB MVP odds, World Series odds, Cy Young odds, and more, you can place a bet online over the winter, on Opening Day, or during the summer.

Jamie Foxx holding a mobile phone next to the BetMGM's risk-free bet offer.
About the Author

Rachael Millanta

Read More @rachaelmillanta

Rachael Millanta is a Web Content Writer for BetMGM focusing on Major League Baseball. Her work has been published in SB Nation, McSweeney’s Internet Tendency and Slackjaw Humor. Originally from Sydney, Australia, Rachael now resides in Chicago, Illinois.

Rachael Millanta is a Web Content Writer for BetMGM focusing on Major League Baseball. Her work has been published in SB Nation, McSweeney’s Internet Tendency and Slackjaw Humor. Originally from Sydney, Australia, Rachael now resides in Chicago, Illinois.