- The Los Angeles Dodgers remain the 2025 World Series favorites.
- Los Angeles won the 2024 World Series over the New York Yankees.
- The Yankees have the best odds in the AL.
The Los Angeles Dodgers lived up to their status as World Series favorites, defeating the New York Yankees in the 2024 Fall Classic to claim their first championship since 2020.
Originally opening at +800 to win it all last November, Los Angeles became the +350 preseason favorite after acquiring Shohei Ohtani in the offseason.
With their latest victory, the Dodgers secured their eighth World Series title, tying the San Francisco Giants for the fifth-most championships in MLB history. The Yankees remain the all-time leaders with 27.
Looking ahead, oddsmakers expect the Dodgers to defend their throne. They opened as +400 favorites for the 2025 World Series, with those odds shortening to +250 by the summer.
Here’s a breakdown of the current World Series odds market at the BetMGM online sportsbook:
2025 World Series Odds
| Team | Current odds | Opening odds (10/30) |
|---|---|---|
| Dodgers | +250 | +400 |
| Yankees | +600 | +800 |
| Tigers | +700 | +4000 |
| Mets | +900 | +1400 |
| Phillies | +1000 | +1100 |
| Cubs | +1400 | +3000 |
| Astros | +1400 | +1400 |
| Padres | +3500 | +1300 |
| Braves | +3500 | +800 |
| Twins | +5000 | +3000 |
| Giants | +2500 | +6000 |
| Mariners | +3000 | +2500 |
| Rays | +3000 | +4000 |
| Rangers | +5000 | +2500 |
| Blue Jays | +3500 | +6000 |
| Red Sox | +5000 | +4000 |
| Guardians | +8000 | +2800 |
| Royals | +8000 | +3000 |
| Diamondbacks | +6600 | +3000 |
| Brewers | +5000 | +3500 |
| Cardinals | +8000 | +6000 |
| Reds | +12500 | +4000 |
| Orioles | +20000 | +1100 |
| Angels | +50000 | +25000 |
| Marlins | +50000 | +50000 |
| Athletics | +50000 | +20000 |
| Pirates | +50000 | +10000 |
| Nationals | +50000 | +15000 |
| White Sox | +100000 | +50000 |
| Rockies | +200000 | +50000 |
MLB World Series Odds: Dodgers Begin as Favorites
The Dodgers have opened as MLB betting favorites every year since winning the 2020 World Series. This year’s +240 preseason price tag marked the fourth time in the last five seasons that the Dodgers were trading +550 or better to win it all in the spring.
- 2025: +240
- 2024: +360
- 2023: +750
- 2022: +550
- 2021: +400
The Dodgers’ World Series odds have improved since the preseason, as they haven’t looked as dominant as expected during the regular season.
Still, I have no interest in backing the current number at this time. Los Angeles faced elimination twice in last year’s NLDS, so there is always an opportunity to back this team down the road.
2025 World Series Prediction: Dodgers vs. Yankees
The latest MLB odds point to a potential 2025 World Series rematch between the Dodgers and Yankees following their 2024 Fall Classic showdown.
Los Angeles leads the betting market as a +250 favorite to defend its title, while New York sits at +600 in pursuit of its first championship since 2009.
That said, it’s worth monitoring the Tigers’ World Series odds as a viable threat in the American League. They have gone from +4000 to +700 since the start of the season. Detroit hasn’t won it all since 1984.
In the National League, the Dodgers face plenty of competition. The New York Mets (+900), Philadelphia Phillies (+1000), Chicago Cubs (+1400), and San Diego Padres (+3500) all pose as significant threats.
- Last time the Mets won the World Series: 1986
- Last time the Phillies won the World Series: 2008
- Last time the Cubs won the World Series: 2016
- Last time the Padres won the World Series: Never
With so much time until the World Series, picking a winner remains a challenge. Bettors should keep an eye on the market as odds shift throughout the season.
List of Past World Series Champions
| Year | Team | Preseason Odds |
|---|---|---|
| 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 |
World Series Schedule & Dates
Games 1 and 2 of the best-of-7 series are hosted by the team with home-field advantage. The other team hosts Games 3, 4, and (if necessary) 5. If Games 6 and 7 are played, they’re both played at the site of the team with home-field advantage.
The dates and first-pitch times are released after the ALCS and NLCS have been completed. The series typically starts in late October.
How Many MLB Teams Reach the Postseason?
A total of 12 advance to the postseason after the conclusion of the 162-game regular season.
The current MLB postseason format was introduced in 2022. Three division winners and three Wild Card teams from each league comprise the MLB playoff bracket.
MLB Postseason Seeds
In each league, teams are seeded 1-6:
No. 1 seed: Best league record
No. 2 seed: Second-best division winner
No. 3 seed: Third-best division winner
No. 4 seed: Best record among Wild Card teams
No. 5 seed: Second-best record among Wild Card teams
No. 6 seed: Third-best record among Wild Card teams
The Nos. 1 and 2 seeds receive first-round byes to the Division Series.
For the Wild Card Series, the No. 3 seed faces the No. 6 seed, and the No. 4 seed faces the No. 5 seed.
How Are World Series Teams Chosen?
The two teams that win their respective Championship Series — ALCS and NLCS — advance to the World Series.
The team with the best regular-season record has home-field advantage in the series.
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